well I supposed it's part of  Najib's plan to make Malaysia the top Asia Islamic Center.

Step aside CIMB as now BIMB has been appointed as the managing underwriter and BIMB Securities as underwriter.  ......now read on...
Sabah-based Focus Lumber Bhd, which aims to be listed on the main market of Bursa Malaysia Securities by the end of next month, expects to raise RM7.32 million from the exercise. The company is a plywood, veneer and laminated veneer lumber (LVL) manufacturer. Through the Initial Public Offering (IPO) exercise, Focus Lumber will be making available 6.9 million new shares at 60 sen per share, with 6.0 million offered for public subscription and the remaining 900,000 for application by eligible employees and those who have contributed to the success of the Focus Lumber Group. Another 5.3 million new shares will be made available via private placement to selected Bumiputera investors, its Managing Director Lin Fong Ming said during the underwriting agreement signing ceremony here, today. The underwriting agreement is in conjunction with the company's listing on Bursa Malaysia. Bank Islam Malaysia Bhd has been appointed as the managing underwriter and BIMB Securities as underwriter. Bank Islam is also the principal adviser and placement agent for the listing exercise. Lin represented Focus Lumber at the inking of the agreement and Managing Director Datuk Seri Zukri Samat for Bank Islam. BIMB Securities was represented by its chief executive officer, Rashid Ismail. "The expected total proceeds of RM7.32 million from our IPO has been mainly earmarked for general working capital," said Lin. The founders of Focus Lumber - which includes Lin - are from Taiwan, and started business in Sabah where they set up a plywood manufacturing mill in Keningau district in 1990. - Bernama

  Congratulations to those who take my advice to hold on to your BIMB shares instead of listening to other member who advice you to throw......just have faith in this counter and it will bear fruits.  
  As for those who I ask to buy more to average down your buying price, congrats to you all too. I am sure there's more to come tomorrow & thereafter too.   :
Let us all join hands and don't panic sell & we all be in the BIMB Huat Huat Club........keep our fingers cross & hope for a better tomorrow.

My TP $1.90 and above. ....sell some & keep plenty for future growth.   ......maybe one day in a year or 2, it could become another CIMB.

BIMB still can buy now? haha

  BIMB go go goooooooooooooo    

Hi all mates! Great show by this stock in the last week!
Just want to know is it wise to top up now? The regret is i din do that at 1.4x level... Any idea guys..
thx

  Still early & now it's 8 cents up....closing be 18 cents up.    
Cheers to all.

  I am very happy for you too brother hibino55   .......I guess it all because of your believe in me & it's your decision that make it happen.
Cheers brother hibino55........you take good care too....wish you more luck in your future investment too.  

Wait monday lar.. A lot contra player selling off at T3

Those trader who are using cash trading account, they will only be able to buy shares according to their current cash limit.

But as for those who are using leveraging tools -> Margin account, that will be a different story altogether.
If a person buys a share, and hold it after T+3 day, he will be required to settle the share with cash. But because Margin account enable player to buy share more than what they can actually buy if only using cash, they might end up not able to settle the share bought. As a result, traders will sell the shares away.. Either making profit, or making loss.. If not selling, and no cash to settle the shares bought, bank will force sell the shares after T+3.
Trader will not be able to sell overdue contract, and bank can sell the contract at any price, and trader will bear the difference in loss, or pocket profit.

By K.M. LEE
BIMB Holdings

RENEWED buying lifted BIMB Holdings from the recent lows of RM1.27 in mid-March to a 2-month high of RM1.67 during intra-day session yesterday. Based on the daily bar chart, this stock is making a strong attempt to challenge the previous rally peak of RM1.72, of which a successful breakout may send prices to the next upper resistance of RM1.93-RM2 band. Support is envisaged at the RM1.53-RM1.54 range.
Let's all hope for renew support to reach our $2 mark.

That's a good analysis indeed.
Let's look forward to the days ahead for more upswing.
Cheers brother....much love.

More good news on BIMB,
BIMB Bank completes acquisition of Amana Bank stake 20%

(Kuala Lumpur, 6th) documents show that Islamic banks (BIMB,5258, Board finance stocks) have completed buying equity 20% Bank--Amana Bank of Sri Lanka.
Islamic banking today issued an invitation to the media, the media are invited to attend this Friday (April 8) in Kuala Lumpur held a signing ceremony for the technical support of the above transaction advisory, in addition, stock certificate ceremony was held.
At that time, Malaysia Datuk Amir Muhammad lazifu, Vice-President of the National Bank will present testimony.
That means more upswing for BIMB in a few days time.  
Cheers to all.......BIMB HUAT HUAT CLUB will start it's celebration soon.