全部大师死在膨胀的自信中。

MBB-TP 5.20
HL-TP 5.20
MIDF- TP 5.05

BIMB Holdings $BIMB / 5258 (BIMB HOLDINGS BERHAD)
Research by HLIB
BUY ; Target Price: RM5.20 ; Upside: 14.3%

"A good start"
As expected, BIMB’s 1Q19 net profit jumped 18% YoY, thanks to quicker total income growth as both its Islamic Banking and Takaful divisions have yet again eked out another inspiring quarterly performance. For the rest of 2019, we think any NFM slippage can be proactively managed and its asset quality is expected to remain steady. Also, financing growth is still predicted to stay above industry average and the robust Takaful business is expected to chug along. Forecasts are unchanged. Retain BUY with GGM-TP of RM5.20, based on 1.60x 2019 P/B.

Chan Jit Hoong, CFA, CPA
jhchan@hlib.hongleong.com

WA got better leverage now. If pe12, fv if 5.20 to 5.30, wa shld be ard 0.55-0.58?

Oil price won't be good. Global growth slowdown, China and trump trade war. All slowing down orders.hibi come back in 2022

Takaful result front run bimb

In the first quarter ended March 31, 2019, Syarikat Takaful Malaysia Keluarga Berhad
Group (“Takaful Malaysia”) recorded a 33.5% higher PBZT of RM113.3 million, compared
to RM84.9 million in the same period in 2018. The higher profit was attributable to higher
net Wakalah fee income generated by growth in the Family Takaful business.
Takaful Malaysia’s operating revenue of RM918.2 million for the quarter under review
increased by 23.1% compared to the corresponding period in 2018.
The increase was mainly attributable to higher sales generated by Family Takaful business,
which recorded gross earned contributions of RM502.9 million, an increase by 55.2%, from
the corresponding period last year. The growth came mainly from higher sales of credit-
related products.
General Takaful’s gross earned contributions rose to RM204.2 million, an increase of 12.0%
compared to the corresponding period last year. The growth came mainly from fire class.
Despite business sentiments remaining cautious in 2019, the Takaful industry is expected
to outperform the conventional insurers in view of the strong demand in the Takaful
products

Aiyo. No need argue lah. Time will tell mah. No need argue

Limit down ya

Dear valued clients,

I decided to cut loss on Dayang and Naim.
I sold all Dayang at 0.965 and Naim at 0.825 respectively. I have intention to buy back Dayang and Naim if the price is low enough.
I believe there will be force selling and foreign funds are getting out in next few days especially Dayang.
I still have not given up hope on Dayang and Naim.

i cincai calculate, dont quote me ya.

0.11*4*PE15 (since both bank, takaful growing??)
FV=6.60??
hohoho

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6167233

Trade war so what? Haha

super thin volume, haha

Lol

Steady lah

Buy for long-term. China middle-class got huge demand.if they can work on future exports etc,that's superb

Nice sharing by stockbitor end

$BIMB / 5258 (BIMB HOLDINGS BERHAD) - Dark horse in the banking sector. 10 Key Takeaways from BIMB AGM.

Took some time out to visit BIMB AGM today. Been impressed with their growth story and want to see if it's a stock I'd invest for long term. Also met @acabks there, I'll add my version to his here hahaha.

Here goes:

1) BIMB has the highest ROE % in the whole banking industry in 2018

2) It's currently at its lowest cost to income ratio, a roadmap to sustainable earnings. This is showcased by BIMB average per annum salary. The group employs more than 5000 employees, and their average per annum salary is at RM 70,000 - below industry average

3) The group had already complied with NSFR - means it has "quality & stable deposit" as defined by the regulators - This compliance is derived from having 59% of its CASA from retail & SMEs (considered stable deposit) and long term funding & obligation (RM 1.5b) from Cagamas, etc...

4) In 2018, it made its highest ever dividend payment in Ringgit terms

5) Its stake in $TAKAFUL / 6139 (SYARIKAT TAKAFUL MALAYSIA KELUARGA BERHAD) / business from Takaful and its other non-interest income constitute half of total revenue and is growing rapidly (Takaful reported 30% increase in earnings recently)

6) BIMB had transmitted 0.13% of its funding cost to its clients late last year, or +0.13% to its revenue. This have not have any significant impact to its loan volume or growth

7) This is why the CEO thinks that recent rate cut by BNM have "neutral impact to BIMB financial performance, albeit it having temporary impact on earnings" (+0.13% - 0.25% to bottom line)

8) Going into 2019, Q1 financing growth is within expectation, impairment ratio is the same as 2018. Strategy going into 2019 is to continue to grow consumer banking & SME banking, to grow fee based activity by 12%, and to continue digitalisation initiative

9) Biggest risk of 2019 is economic environment from trade war, further OPR cut, digitralisation. CEO also mentions that deposit growth is going to be challenging.

10) Did you know? That Islamic Banking annual growth rate in the Past 10 years is at 14.5% as compared to conventional banking growth rate of 5.6%? And Islamic banking market share had grown from 15.9% to 26.8% in the same period.

Verdict:
Before today, BIMB has always been out of my radar. But it's now in my watchlist. The banking industry and theme has been out of favour in recent times post GE, but Islamic banking is still on the way up at double digit growth. It's stake in Takaful is a major asset as takaful is really hitting off. BIMB is rather a simple in what is normally a very complex banking business. This is not a bad thing.

CEO Mr Muazzam looks very much a composed & knowledgable leader. And from the tone, I think they should have a good Q1 2019 earnings result.

Its sustaining

fast n furious , hoho

.0 83 lai Lai

OTB is better off not trading i guess? Im not sure abt his track record on trading. BUt buying and hold is good for him so far.

The truth will be told by time
If share swap plus good results coming, icon8888,, he just a typical losers.

Hahaha

Kcchong经典的马后炮

Who give a damn

Brent 70

Agree,time to short

Goreng own stock? Must well focus on biz

No volume

0.83

All trapped inside ya.

Still waiting 0 83

wah, bounce with volume 1....dont play play

hehe

waiting 0.83

I love gap down with no volume

Shhhhhhh

Maybe below 0.80,good luck

Hahaha.dayang still surviving ah?

Aiyo why copy old news

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description EKOVEST BERHAD ("EKOVEST" OR THE "COMPANY")

PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF EKOVEST
We refer to the earlier announcements in relation to the Private Placement. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements.



On behalf of the Board, RHB Investment Bank and Astramina wish to announce that the issue price for the first tranche of the Private Placement has been fixed on 6 May 2019 (“Price-Fixing Date”) at RM0.83 per Placement Share (“First Tranche”). The First Tranche will comprise up to 214,812,359 Placement Shares, calculated based on 10% of the total number of issued shares of Ekovest as at 3 May 2019.



The issue price of RM0.83 per Placement Share represents a discount of approximately 7.12% to the five (5)-day volume weighted average market price of Ekovest Shares up to and including 3 May 2019 (being the last market day prior to the Price-Fixing Date) of RM0.8936 per Ekovest Share.



For information purposes, the actual number of Placement Shares to be placed out under the First Tranche will depend on the final acceptance by the identified placees. Any Placement Share not placed out under the First Tranche will be included in the subsequent tranches. The issue price for each subsequent tranche will be determined and announced by the Board separately.





This Announcement is dated 6 May 2019.

Waiting 0.83

Weak holders selling

Waiting 0.79

今天大市不好。就是洗人出去好机会

John. so you wanna tiok apa now,. hahahha

Lol.... John, dont simply say things. Dont be desperate