Mid or long term investment but don't mind selling all or part of it if price reach $1.90 ++.
Cheers brother ......much love...take care too.
PS.......with E&O, you got to have patience just like BIMB, wait for it to sky rocket after or around June or July when it's $12 billion project is approved by the Government.

Yes, saw it..
5258    BIMB    BIMB HOLDINGS BHD 
ARTICLE ENTITLED: "Khazanah sounds out Bank Islam on Muamalat stake" 

ARTICLE ENTITLED: "Khazanah sounds out Bank Islam on Muamalat stake"
We refer to the letter dated 21 April 2011 from Bursa Malaysia Securities
Berhad in respect of the above-captioned article appearing in The New Straits
Times, Business Times section, Thursday 21 April 2011, in particular to the
sentences reproduced as follows:
Khazanah had recently sent out feelers to Bank Islams parent, BIMB Holdings
Bhd, on buying its stake. Bank Islam is said to be keen.

Significant discussions on an M&A (merger and acquisition) exercise, with a
view to a merger between both banks, is expected to start very soon
BIMB Holdings Berhad (BHB or the Company) wishes to inform that as at today,
the Company has not received any notification from Khazanah Nasional Berhad in
relation to the above.
The Company also wishes to state that, interested parties are required to
obtain Bank Negara Malaysia (BNM)s consent prior to entering into any
negotiations on a proposed acquisition or disposal of interest in shares in a
Licensed Institution regulated by BNM, which includes institutions under the
Islamic Banking Act 1983.
This announcement is dated 21 April 2011.

Sorry guys & gals, I won't be posting anything here anymore as I sold all my BIMB shares at 1.60++.......make a very handsome profit as I bought all my shares last year at 1.20++ .  
No more supporting BIMB as from my last sell........partly because of a very irritating person here   .....so take care my friends...all the best to you....I really got to move on......thank you all.
Cheers...much love.

proof? Mana ada. Simply say one. No announcement, nothing. Speculation only. LOL.. 

and the cheerleaders are all quiet suddenly? Trapped into belief that EPF is buying. LOL'ed.

there was a formation of star doji yesterday on this counter. could be a short term correction coming in.see how it close today for confirmation.

Will you enter if it hits 1.7x?

KUALA LUMPUR: Bank Negara Malaysia (BNM) said today that the Ministry of Finance has granted approval to issue a new international Islamic bank licence to Bahrain's Elaf Bank.

Elaf Bank is allowed to conduct a wide array of Islamic banking business in international currencies other than Malaysian Ringgit, said BNM in a statement.

The bank's presence in Malaysia will further stregthen the economic and financial linkages between Kuala Lumpur and Banrain and contribute further to the development of the Islamic financial system in Malaysia.

The bank on its website had announced that its first branch office will be located in Kuala Lumpur.

The branch office will be the center of operations for the bank in South East Asia, further extending the activities of the main branch headquartered in Bahrain, and giving Elaf Bank a competitive edge in both strategic markets.

It said the opening of the branch office in Malaysia is yet another step towards achieving the bank's vision to create "virtual corridors" among major Islamic finance hubs.

"Malaysia is viewed as an exemplary Islamic finance market, and has achieved the status of being recognized as the center for Islamic finance in South East Asia," it said.

Elaf Bank provides a wide range of financial services to clients involving investment banking, namely fund-raising advisory, mergers and acquisitions and asset management, and treasury and capital markets such as liquidity management, foreign exchange, investment, structured products and derivatives. - BERNAMA

 

At least you manage to collect some. I was more prudent about the re-entry price, and BIMB didn't fetch me along. Retesting RM 2 soon  

actually...i been observing the stocks since 1.50...enter at multiple stock price as the trend is...always 2-3 days up...it come down and consolidate...and move up again...

so i bought at different level to play on that trend...

so when i my last holding at 2.08...i expect to fall back somewhat.......so tat i recollect again....i plan to stop doin so once price of BIMB reaches somewhere 2.30 - 2.50....based on indication of the trend on somewhat similar stock ie MBSB......

but tis time i was real wrong....it didnt come down but continously go up till today.....trend has change.......
LESSON LEARN:
PAST TREND IS NOT AN INDICATION OF FUTURE TREND!!!!

SUMMARY:
Dun plan to chase at current price.....until some correction....
ALL DA BEST TO THOSE WHO STILL HOLDING.....

Anyway still one of the cheapest banking stock....