Posted by kyliew > 2023-03-08 17:02 | Report Abuse

Cantik @ RM2.19

Posted by kyliew > 2023-03-08 19:42 | Report Abuse

All in

Posted by kyliew > 2023-03-09 10:11 | Report Abuse

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

Posted by speakup > 2023-03-09 12:54 | Report Abuse

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

Posted by kyliew > 2023-03-09 15:42 | Report Abuse

Bimb is at 10-year historical low now.

Posted by kyliew > 2023-03-09 15:43 | Report Abuse

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

Posted by speakup > 2023-03-09 22:00 | Report Abuse

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

Posted by Mabel > 2023-03-09 23:05 | 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 > 2023-03-10 00:26 | Report Abuse

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

Posted by speakup > 2023-03-10 07:55 | 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 > 2023-03-10 14:13 | Report Abuse

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

Posted by rfifth92 > 2023-03-13 14:26 | Report Abuse

Bank Islam the best.

Posted by kyliew > 2023-03-14 17:24 | Report Abuse

RM2.18 I got you...

Posted by RWG > 2023-03-14 21:41 | Report Abuse

svb =bimb

Posted by XenDee > 2023-03-15 20:43 | Report Abuse

accumulate now

Posted by kyliew > 2023-03-16 10:49 | Report Abuse

All-in!!!

Posted by kyliew > 2023-03-16 10:49 | Report Abuse

Xxx,xxx,x

Posted by Dakewlest > 2023-03-16 14:06 | Report Abuse

When will they pay the second dividend of 3.8 sen?

Posted by looiting > 2023-03-16 17:16 | Report Abuse

Bank will never go to zero

Posted by kyliew > 2023-03-17 10:29 | Report Abuse

Green green

Posted by XenDee > 2023-03-17 11:23 | Report Abuse

pump up the jam

Posted by kyliew > 2023-03-17 18:14 | Report Abuse

U re always my baby I got u

Posted by Mabel > 2023-03-17 23:30 | Report Abuse

Haha Mabel too...

So happy one of the best Investment ...

Meow Meow Meow

Posted by speakup > 2023-03-18 08:46 | Report Abuse

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

Posted by hhhiii123 > 2023-03-18 21:28 | Report Abuse

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

Posted by XenDee > 2023-03-20 10:26 | Report Abuse

rm3 by raya

Posted by kyliew > 2023-03-20 15:19 | Report Abuse

Yes yes

Posted by kyliew > 2023-03-22 10:27 | Report Abuse

Double bottom RM2.20...

Posted by seowdingdong > 2023-03-22 16:11 | Report Abuse

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

Posted by kyliew > 2023-03-22 23:53 | Report Abuse

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

Posted by speakup > 2023-03-23 12:55 | 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 > 2023-03-23 15:47 | 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 > 2023-03-23 15:49 | 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 > 2023-03-23 15:56 | Report Abuse

speakup bought cimb 3.80 last time. Still holding

Posted by seowdingdong > 2023-03-27 17:56 | Report Abuse

Testing new low! Do something bimbo!

Posted by fortunefire > 2023-03-29 10:52 | Report Abuse

scoop some this morning. let's huat together

Posted by kyliew > 2023-03-29 11:39 | Report Abuse

Buy bank always the safest option compared to other sectors

Posted by XenDee > 2023-03-29 11:48 | Report Abuse

rebound

Posted by XenDee > 2023-04-05 13:11 | Report Abuse

dividend lg.. yum yum

Posted by kyliew > 2023-04-05 19:27 | Report Abuse

This is at 10-year historical low. All in!!!!!

Posted by fortunefire > 2023-04-07 13:11 | Report Abuse

parking at 1.9x

Posted by kyliew > 2023-04-08 15:37 | Report Abuse

Recalled I "all-in" during 2020 for CIMB at around RM3. 20 ...even it dropped further to RM2.90 but I'm x worry because I know I was invested in the banking stock

Posted by kyliew > 2023-04-08 15:39 | Report Abuse

Now opportunity is in front of me. No need to wait 10-yr cycle or financial crisis... Huat again

Posted by speakup > 2023-04-08 17:04 | Report Abuse

IF bimb go under, do I know the repercussions? PN will eat PH!

Posted by seowdingdong > 2023-04-08 21:18 | Report Abuse

Yes I totally agree! Bimb won't fail us. The only way is going up. Rm 3 is not a problem! All in

Posted by kyliew > 2023-04-08 23:43 | Report Abuse

Yup I also target RM3 at least holding 1-2 yrs

Posted by fookwai717 > 2023-04-12 15:07 | Report Abuse

PUASA kut, tunggu Bulan Syawal maka BIMB akan naik

Posted by fortunefire > 2023-04-13 09:00 | Report Abuse

tomorrow is the day. will it go lower than 2.10?

Posted by kyliew > 2023-04-14 11:18 | Report Abuse

Can top up if lower... Don't worry about banking stock

Posted by rfifth92 > 2023-04-17 09:43 | Report Abuse

waiting at RM1.50