BIMB WA..the only bank warrant that listed in KLSE with long expire date at Dec 2023. The exer price is 4.72 with very low conversion premium of merely 12%

Given in the current bull market, it is hard to belif such a gd warrant still trading at such a low price. Fundamental for BIMB consider good. Both revenue income and quarterly profit  consistently up for last few quarters. The PE is only 12+ with very low share issued of only 1.6b 

Date	Financial Year	No.	Financial Quarter	Revenue (RM,000)	PBT (RM,000)	Net Profit (RM,000)	EPS (Cent)	Dividend (Cent)	NTA (RM)	Download Report
16 May 2017	31 Dec 2017	1	31 Mar 2017	919,636	246,199	151,102	9.32	0.00	2.590	12%
27 Feb 2017	31 Dec 2016	4	31 Dec 2016	856,811	204,068	139,468	8.78	0.00	2.440	14%
30 Nov 2016	31 Dec 2016	3	30 Sep 2016	881,389	226,927	140,606	8.85	0.00	2.580	17%
26 Aug 2016	31 Dec 2016	2	30 Jun 2016	893,206	225,684	143,712	9.05	0.00	2.480	11%
11 May 2016	31 Dec 2016	1	31 Mar 2016	896,792	212,522	135,254	8.57	0.00	2.400	0%

BIMB is now in the  mid of major restructuring, possible forming a mega islamic bank in Malaysia. It is still pending for BNM to give the green line. This may involve selling off Takaful Insurance. The ongoing corporate exercise certainly give a boost to the stock price in the near future.

Let look at the chart for BIMB WA. Obviously BIMB WA stock price is now facing the long term downtrend line resistance. The resistance line were tested many times and expect to breakthrough anytime from now.