Posted by kyliew > 2 weeks ago | Report Abuse

At 10 year low, gonna make fat profit from tis stock

Posted by kyliew > 2 weeks ago | Report Abuse

Syndicate starting to push down n later push up banking stock

Posted by kyliew > 2 weeks ago | Report Abuse

Shariah fund for income declaration

Posted by kyliew > 2 weeks ago | Report Abuse

Very cheap

Posted by speakup > 2 weeks ago | Report Abuse

Cheap can become cheaper. Wait for 1.50 then sailang all in

Posted by kyliew > 2 weeks ago | Report Abuse

Banking stock won't die one, also won't PN17, don't hv hanky panky contract alll under BNM control

Posted by kyliew > 2 weeks ago | Report Abuse

All in..... RM2.20

Posted by kyliew > 2 weeks ago | Report Abuse

Buying banking stock at this 10-year low the risk of reward is more than losses

Posted by kyliew > 2 weeks ago | Report Abuse

Top up kaw2 2.19

Posted by kyliew > 2 weeks ago | Report Abuse

RM2.20 @ 10-year historical low banking stock

Posted by speakup > 2 weeks ago | Report Abuse

Yup. ASB screwing up largest Islam bank in Malaysia. Wonder why

Posted by kyliew > 2 weeks ago | Report Abuse

RM2.20 if don't all in no chance liao

Posted by speakup > 2 weeks ago | Report Abuse

1.50 all in

Posted by kyliew > 2 weeks ago | Report Abuse

If RM1.50 I will cash out or liquidate my other assets to buy... Lol

Posted by Henryjohny > 2 weeks ago | Report Abuse

yeap ..1.50 is bargain price ..even rm 2 also look cheap ..can monitor closely ..

Posted by kyliew > 2 weeks ago | Report Abuse

Covid-19 recession time we saw banking stocks at this price range, now opportunity is presented to us again

Posted by kyliew > 2 weeks ago | Report Abuse

Cantik @ RM2.19

Posted by kyliew > 2 weeks ago | Report Abuse

All in

Posted by kyliew > 2 weeks ago | Report Abuse

RM2.20 super low price at 10-year historical level

Posted by speakup > 2 weeks ago | Report Abuse

U buy...... Amanah Saham Bumiputera will screw u kaw kaw. Better buy ambank

Posted by kyliew > 2 weeks ago | Report Abuse

Bimb is at 10-year historical low now.

Posted by kyliew > 2 weeks ago | Report Abuse

Ambank I alrdy bought last time during C19 recession and sold out for profit

Posted by speakup > 1 week ago | Report Abuse

@kyliew, can u share why u buy bimb besides it at record low price?

Posted by Mabel > 1 week ago | Report Abuse

#speakup @kyliew, can u share why u buy bimb besides it at record low price?
09/03/2023 10:00 PM

Here's why..

Do you know that every year 1 % of Muslim Population in Malaysia will go for Hajj. Hajj is obligatory to those who can afford to go. There are 12 Million Muslim who are above 18 years old can qualify for this trip. For most of them it's a journey of a lifetimes.

In addition to the above, Muslim can perform Umrah at any time of the year. Here, there is no limits for the trip. Where do you think the Muslim park their money for this kind of trip? Surely they will park their money in BIMB. BIMB is a basically the preferred bank for Tabung Haji. Completely Shariah Compliances.

REWARDS

Trading at 3.8% below our estimate of its fair value

Earnings are forecast to grow 11.74% per year

After evaluating using Warren Buffett Economic Moat and Risk Analysis Framework, this algorithm calculates BIBM Business Performance includes Earnings, Free Cashflows, Return on Equity, Net Profit Margin, Interest Coverage and Dividends over the last 10 years. On a Scale of 1 to 10, it gives a score of 5 which is acceptable for Mabel's selection.

Few weakness in BIMB and one of them are in cashflows. FYI, there are three types of cash flow; operating, investing, and financing. Operating cash flow includes all cash generated by a company's main business activities while Investing cash flow includes all purchases of capital assets and investments in other business ventures. Currently BIMB Operating and Investing cashflow are negative. However, negative is not necessarily bad thing especially for investing as it is normal for bank to invest and expand. This usually translate to negative outflow for healthier future inflow. The negative cashflow in operation means they spend too on time and material, or if their customers don't pay them quickly enough, it will make their operating cash flow negative. They need to develop other strategies to recover their loan. Additionally, for bank this is normal for negative operating cash flow as bank main business activities are lend their money to customers while they are still expanding. So they lend more to clients so that their deposit also increases. This lending won’t give immediate return but it eventually in long run may recover as clients pay regularly.

Full year 2022 earnings released: EPS: RM0.23 (vs RM0.22 in FY 2021)

Full year 2022 results:
EPS: RM0.23.
Revenue: RM2.16b (up 9.1% from FY 2021).
Net income: RM491.7m (down 8.0% from FY 2021).

Profit margin: 23% (down from 27% in FY 2021). The decrease in margin was driven by higher expenses.

Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Banks industry in Malaysia.

To Our Success !

Meow

Posted by kyliew > 1 week ago | Report Abuse

Banking stock won't wrong one.... Except 3-tier Mbsb ops

Posted by speakup > 1 week ago | Report Abuse

When I first started looking at laggard banks, Mbsb was 60¢, Bimb was 2.50.
Today Mbsb is still at 60¢ while Bimb is 2.20. Obviously Bimb was performed worse than Mbsb.
Why is this so?

Posted by kyliew > 1 week ago | Report Abuse

Banks are always bank. Sharks won't IDSS attack banks. Save them for long term investment

Posted by rfifth92 > 1 week ago | Report Abuse

Bank Islam the best.

Posted by kyliew > 1 week ago | Report Abuse

RM2.18 I got you...

Posted by RWG > 1 week ago | Report Abuse

svb =bimb

Posted by XenDee > 1 week ago | Report Abuse

accumulate now

Posted by kyliew > 1 week ago | Report Abuse

All-in!!!

Posted by kyliew > 1 week ago | Report Abuse

Xxx,xxx,x

Posted by Dakewlest > 1 week ago | Report Abuse

When will they pay the second dividend of 3.8 sen?

Posted by looiting > 1 week ago | Report Abuse

Bank will never go to zero

Posted by kyliew > 6 days ago | Report Abuse

Green green

Posted by XenDee > 6 days ago | Report Abuse

pump up the jam

Posted by kyliew > 6 days ago | Report Abuse

U re always my baby I got u

Posted by Mabel > 5 days ago | Report Abuse

Haha Mabel too...

So happy one of the best Investment ...

Meow Meow Meow

Posted by speakup > 5 days ago | Report Abuse

Holy month Ramadan coming, will ASB stop continue to push down their Islam bank during the Muslim holiest month?

Posted by hhhiii123 > 4 days ago | Report Abuse

The price so attractive now, will Monday continue to crash again?

Posted by XenDee > 3 days ago | Report Abuse

rm3 by raya

Posted by kyliew > 3 days ago | Report Abuse

Yes yes

Posted by kyliew > 1 day ago | Report Abuse

Double bottom RM2.20...

Posted by seowdingdong > 1 day ago | Report Abuse

Drop again! damned! When can I see a reversal uptrend.

Posted by kyliew > 19 hours ago | Report Abuse

Don't worry bank won't tapao one what's more this bank Islam

Posted by speakup > 6 hours ago | Report Abuse

If bimb tapow, will give a lot of ammunition to PAS to challenge PH. BIMB is not too big to fail, but "too POLITICAL to fail".

Posted by kyliew > 3 hours ago | Report Abuse

Last time Covid-19 recession in 2020, u see AmBank and Alliance Bank at this price. After 1-2 yrs, what's the price now?

Posted by kyliew > 3 hours ago | Report Abuse

Cimb at RM3.00 that time, I have seen ppl all in 500k into the shares. Bank in Malaysia won't be like in US

Posted by speakup > 3 hours ago | Report Abuse

speakup bought cimb 3.80 last time. Still holding