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 BIMB - Strong Buy!

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billeu
post Jan 20 2011, 09:11 PM

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QUOTE(monkeyking @ Jan 19 2011, 06:42 PM)
icon_rolleyes.gif  icon_rolleyes.gif Hold on to your shares.......just received some news from a friend [don't know how true is this rumour] that BIMB may be privatised. drool.gif  drool.gif  drool.gif
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i heard from 1 of my fren working as bank remisier.... he said maybe RM3. Dunno true or not

This post has been edited by billeu: Jan 20 2011, 09:11 PM
billeu
post Jan 20 2011, 10:07 PM

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QUOTE(monkeyking @ Jan 20 2011, 09:58 PM)
thumbup.gif Hope that this becomes a reality. rclxm9.gif  rclxm9.gif There's no smoke without a fire!! brows.gif  brows.gif
wub.gif Cheers brother.....much love. wub.gif
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cool2.gif
billeu
post Mar 28 2011, 09:55 PM

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i m waiting cool2.gif
billeu
post Apr 6 2011, 09:29 PM

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QUOTE(Sesshoumaru @ Apr 6 2011, 08:36 PM)
Can I know where is the source of that? Wanna read the full article.
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http://www.btimes.com.my/Current_News/BTIM...icle/index_html
billeu
post Apr 18 2011, 08:51 PM

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QUOTE(hibino55 @ Apr 18 2011, 07:21 PM)
[attachmentid=2163964]
Just would like to share some of my 2 cents to fellow BIMB lovers.
1. Strong support at 1.55, and it actually met the Fibonacci Retracement 0.382 ratio
2. Upswing momentum still there, although decreasing
3. 12 days RSI has already showed BIMB is oversold
4. 10 consecutive red in volume, and is extremely low

Please correct me if I was wrong, so we can learn together blush.gif
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whats the nex resistance lvl
billeu
post May 7 2011, 12:58 PM

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Where is Malaysia's mega Islamic bank?

http://www.btimes.com.my/Current_News/BTIM...icle/index_html
billeu
post May 9 2011, 09:43 PM

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sharing is caring,

http://www.theedgemalaysia.com/highlights/...active-buy.html
billeu
post May 11 2011, 09:17 PM

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QUOTE(SKY 1809 @ May 11 2011, 08:57 PM)
Someone  had mentioned this stock in BIMB before. I think he is the insider :-

Takaful Malaysia’s book value stood at RM2.40 per share. Its shares last traded at RM1.41, giving the stock a price-to-book ratio of just 0.59 times.
Analysts say Takaful Malaysia’s relatively low valuation makes it an attractive target for outsiders looking to penetrate the industry, or for existing competitors seeking to strengthen their foothold. Or even as a long-term investment.
Great Eastern Life Assurance was one of the companies issued with new family takaful licences by BNM last year for joint ventures with other companies.
Merging with a bigger player or a bank, such as Bank Islam Malaysia Bhd, could also bode well for Takaful
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u mean me? biggrin.gif

more to share...

Question time: Revival, reach of Islamic finance ... http://www.btimes.com.my/Current_News/BTIM...s/erab/Article/
billeu
post May 12 2011, 06:23 PM

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QUOTE(SKY 1809 @ May 12 2011, 05:16 PM)
BIMB Holdings Bhd has confirmed receiving notification from Khazanah Nasional Bhd and DRB-Hicom Bhd on the sale of their stake in Bank Muamalat Malaysia Bhd to the company.

Its group managing director/chief executive officer Johan Abdullah said he will bring up the matter at the board meeting on May 25, for further discussions.

"They want to sell and have identifed us as a potential buyer," he told reporters after the company''s annual general meeting here today.

Johan said if the board agrees to the proposed acquisition, BIMB Holdings will seek approval from Bank Negara Malaysia, before proceeding to negotiate with Khazanah Nasional Bhd and DRB-Hicom Bhd. - Bernama
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thanks for sharing..... all the best to u
billeu
post May 13 2011, 09:17 AM

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BIMB gets nod on Muamalat stake buy

read more: http://www.btimes.com.my/Current_News/BTIM...icle/index_html
billeu
post May 13 2011, 11:01 AM

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y sell q so high sweat.gif
billeu
post May 14 2011, 08:59 PM

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DRB-HICOM keen on Bank Muamalat-BIMB merger

http://www.btimes.com.my/Current_News/BTIM...icle/index_html
billeu
post Jun 1 2011, 06:31 PM

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BIMB- no merger, no problem

Read more at http://nexttrade.blogspot.com/


If the stock can recruit enough support, it may launch into an upleg where the first resistance is at the horizontal line RM2.00 & then the cluster of horizontal lines between RM2.60 & RM2.80.

Based strictly on technical analysis, BIMB could be a good trading BUY.

 

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