firehawk 
3475 posts |  Posted by firehawk > Jun 5, 2020 9:03 AM | Report Abuse
even the take over price @0.26, can rise to 0.25, bodoh! |
Atlan
131 posts | Posted by Atlan > Jun 6, 2020 10:27 AM | Report Abuse Correct, still can make money at 25sen. |
BearishTrend
991 posts | Posted by BearishTrend > Jul 24, 2020 10:40 AM | Report Abuse Good.. Slowly up 28cts coming next month |
thetruthoracle
497 posts | Posted by thetruthoracle > Aug 14, 2020 6:56 PM | Report Abuse KLSE12345@ now I know you are the one of those boys going around spreading fake news so you can buy cheap. haha... |
paperplane
20644 posts | Posted by paperplane > Sep 2, 2020 1:52 PM | Report Abuse Wait 6 months get 20% return, ok mah |
KLSE_12345
2 posts | Posted by KLSE_12345 > Sep 2, 2020 11:11 PM | Report Abuse In the recent AGM (Aug2020). It did mentioned that the initial proposed BIMB-WA buy back price $0.26 May change(it’s depend on the coming 2020Q4 or 2021Q1 situation). Hope the investor can take a precaution on that. Good luck everybody! |
thestockoracle
289 posts | Posted by thestockoracle > Sep 12, 2020 4:41 PM | Report Abuse klse12345@ once the proposal is submitted to the SC, it cannot be changed as and when you like including the price. Highly unlikely this will change unless SC approves, plus if it changes it will be surely upwards not downwards...please do not mislead people who are familiar with securities laws. I notice you are quite a sneaky person trying to mislead people to push the warrants price down... |
humongainz
882 posts | Posted by humongainz > Sep 12, 2020 4:43 PM | Report Abuse good next monday I collect |
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brutusbeefcake
466 posts | Posted by brutusbeefcake > Nov 20, 2020 9:01 PM | Report Abuse sure profit. Financial sector play. |
klse12345stfu
2 posts | Posted by klse12345stfu > Nov 25, 2020 11:29 AM | Report Abuse anyone here ? Can please let me know when is the BIMB-WA buyback date ??? I remember it should be end of this year right ？ anyone can share pls ? the date could be longer or end of next year ? whats the estimate date ? It can be fixed at 0.26...what if it delays until 2022 2023 ? the interest is not that high anymore... for those who wanna make money, current price 0.19 anyone buy in can earn that much between 0.26, about 7sen++.
The question is
1) confirm buy back at fixed RM0.26 ?
2) when is the date
Who can share please thanks |
TNS
52 posts | Posted by TNS > Dec 10, 2020 2:57 PM | Report Abuse ada apa apa????? |
okdoke
168 posts | Posted by okdoke > Dec 10, 2020 3:57 PM | Report Abuse Bank Negara Malaysia dan Kementrian Kewngan meluluskan Restructuring Bank Islam |
okdoke
168 posts | Posted by okdoke > Dec 10, 2020 4:04 PM | Report Abuse 4 BIMB shares get 1 Takaful share, 1 BIMB warrant get RM0.26 cash |
t_nike2002
218 posts | Posted by t_nike2002 > Dec 10, 2020 8:30 PM | Report Abuse BIMB WA - Low risk event driven yield play with >10% profit!
After 1 year, bimb finally received the bnm approval of its restructuring proposal.
the restructuring include a Scheme of Arrangement (SOA) by BIMB to settle its outstanding warrants, whereby BIMB warrant holders would be paid a cash consideration (set at 0.26) for the cancellation of exercise rights in respect of the warrants.
So at current warrant price, it will generate a pretty decent return of >10%! this is a low risk and rather certain arrangement since bnm has approved it!
Other pending regulation clearance is from bursa |
t_nike2002
218 posts | Posted by t_nike2002 > Dec 10, 2020 9:01 PM | Report Abuse Other pending regulation clearance is from bursa |
INVEST_AA
355 posts | Posted by INVEST_AA > Dec 11, 2020 9:11 AM | Report Abuse This is almost risk free profit! |
INVEST_AA
355 posts | Posted by INVEST_AA > Dec 11, 2020 9:32 AM | Report Abuse Just buy and hold for the cash consideration... for the almost risk free confirm profit.... |
firehawk
3475 posts | Posted by firehawk > Dec 11, 2020 4:31 PM | Report Abuse Should raise the buy-back price to more than 26sen, 10% premium for 3 years time value is too cheap! |
okdoke
168 posts | Posted by okdoke > Dec 12, 2020 5:05 PM | Report Abuse firehawk...what would be fair premium % for. 3 years time value? Thanks in advance |
firehawk
3475 posts | Posted by firehawk > Dec 12, 2020 6:59 PM | Report Abuse There is a method to evaluate the price of option /warrant, called Black Scholes Model. U can google for more details.
From the expiration and volatility of of the under lying, i feel 26sen is too low.
https://goodcalculators.com/black-scholes-calculator/ |
