1.71 now!

Worry not brother noswear, just profit taking that's all......soon all those who sell early will regret it as there should be more upswing......always remember this......MALAYSIA is set to become the Islanic Banking centger of South East Asia if not Asia.   And BIMB is the biggest Islamic Bank in Malaysia at the moment.
Cheers brother noswear....good luck to you tomorrow.  

I also got in today @ 1.64, maybe should hold till at least $2, which I hope it can reach till that level.

Hold on to your BIMB shares.......today shed 3 cents because of profit taking....nothing much to worry or fear.
Another positive thing to let you know is this........today the major Chinese newspaper highly recommended BIMB shares to it's investor readers.
  There will definately be more upswing when things settle down.......so be calm & cool & you will be rewarded sooner than you think.
Cheers to all.......good luck too on your investment.

Well said brother Nidz, all banks make money & so are very profitable.  Just hold it for mid term or long term & I am confident you will reap the benefits.
BTW, please wait for it's financial report which will be due any time this month. I am confident too that the results will be good.
Compare with other banks, this BIMB is really undervalue.......take the comparison of AMMB [AM BANK] as an example,  NTA is about $3.31  EPS [ earnings per share] 34.16 CENTS & it's price is now $6.31
Now BIMB NTA is $1.36 EPS is 16 cents & now it's trading at only $1.36 .........AMMB NTA is about 2 times of BIMB: AMMB EPS is about 2 times that of BIMB; but AMMB price is 4.6 times of BIMB.......so shouldn't BIMB price be around $2.50 & above ????
One more thing......who are the actual shareholders? yes, Tabung Haji & other Islamic organisations or bodies.  .......so would our government not support this BIMB ??
The trouble maybe is that Bank Islam doesn't promote itself too much......maybe it's price will rise like what DRBH did....remember DRBH is also much undervalue & with no contact with the general public, it's share is stagnant until the CEO start talking & see what happens to DRBH price? So maybe if BIMB does more public relations, I am sure it's price will leap just like DRBH.
  So have confidence in BIMB please.
Cheers.

My BUY price trigged.

Entered 1st Batch at 150
Next batch at 145
Then BIG buy batch at 140
Finally MEGA buy at 135

BIMB will only acquire 30% out of 70% of DRB's stake in Bank Mualamat. It is Bank Negara's requirement for DRB to sell it stake to 40%.

It is pretty likely for BIMB's board to approve the acquisition given the group's aggressive growth.

It is also very likely for DRB to sell as it is a requirement and secondly, they can partner and use BIMB's influence.

However, in M&A, anything is possible. There are also many reasons for the deal to become bad.

In my opinion, it is most likely green light in this case. Just my view.

Trying hard to break the 1.65 resistance!

Move up so much today.not manage to collect more before the movement. Wait and see if new base is forming.

wahh,stock going up,but the thread actually become quite....LOL,if you guys just keep it because of the fundamental instead of following the heed of some of the forumers here 

is this bank a good counter?