BANK ISLAM MALAYSIA BERHAD

KLSE (MYR): BIMB (5258)

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Last Price

2.50

Today's Change

0.00 (0.00%)

Day's Change

2.49 - 2.51

Trading Volume

338,700


32 people like this.

9,280 comment(s). Last comment by aimi4s1 1 day ago

Mohd Shuk

725 posts

Posted by Mohd Shuk > 2012-04-25 00:18 | Report Abuse

I waiting for cb expired!

chong

3,074 posts

Posted by chong > 2012-04-25 01:47 | Report Abuse

Brother yeap boon tat , both are good counters but I will concentrate my cash now on BIMB as it's new TP is $2.90...still got about 40 cents margin...maybe can even go higher than $2.90, who knows.

Takaful had risen more than $1 but there's still room for improvement. But like last year, Takaful rally, BIMB no rally...so after Takaful rally, then BIMB will follow lah like last year.

BTW, in another month we can see BIMB 1st Quarter Report of 2012...so maybe good results as usual & BIMB moves further up.

Cheers brother, all the best to you.


Cheers.

90754248

104 posts

Posted by 90754248 > 2012-04-25 08:25 | Report Abuse

Good Morning and thanks Bro Chong, my purchased of CB is 0.07, should i dispose it before the expiry date or leave it for the cash settlement?... i think as long as the mother traded at least at RM2.36 (average price of last 5 trading days before expiry), i am getting a break-even. if above RM2.36 then it is a gain on it. Worth waiting?, Thanks

Posted by algo7270 > 2012-04-25 13:10 | Report Abuse

Me still holding of CB too, can anyone advise on this?, thanks in advance

messiBarca

598 posts

Posted by messiBarca > 2012-04-25 13:58 | Report Abuse

just release few lots of mother share.

90754248

104 posts

Posted by 90754248 > 2012-04-26 10:19 | Report Abuse

BIMB still no energy, sigh!

90754248

104 posts

Posted by 90754248 > 2012-04-26 11:47 | Report Abuse

Takaful flying high (21 cents) but BIMB not yet start the engine.

chong

3,074 posts

Posted by chong > 2012-04-26 17:20 | Report Abuse

Brother 90754248. son CB is heading for expiry...I think you still got about 1 week or so before lodgeing. Mother you still hold as I presume that after Ambank, the issuing house of CB, will depress the mother now & later I presume BIMB will shoot up like last year after the rally by Takaful first.Better to dispose of CB & perhaps concentrate on CC instead as expiry date for CC is still a long way to go & you got 2 Quarter Reports to support mother BIMB....coming quarters should be good as presume & you can reap good profits. Son CC had most of the time being sold at 16.5 cents to 17 cents the past 2 weeks.

Today CC was so cheap at 14 cents & I wonder if any of you bought any? I bought plenty at 14 cents & hold for a bonanza later on as it got another 5 months to go.

Cheers & all the best to all.

PS. All lousy few cents value pennies are perhaps dying..so be very careful if you want to chase pennies....my advice to all is to avoid & concentrate on good fundamental counters.

chong

3,074 posts

Posted by chong > 2012-04-26 17:22 | Report Abuse

Takaful flying & going high & BIMB holds 65% of Takaful, so BIMB good or not? Can fly or not later?

investor77

793 posts

Posted by investor77 > 2012-04-26 23:01 | Report Abuse

Bro chong,
BIMB-cc at 14 cents, OK ? OSk highly recommends Takaful. Hope son can go up.

Lots of forumers say issuing bank try to lower prices so less to pay out when it matures. Hav experienced great losses due to call warrants as compared to ord shares. Ord shares can wait it out when price falls, call warrants expire to nothing, but gain for the bankers!!
Be careful when close to expiry as zero value if mother price lower than exercise price.

90754248

104 posts

Posted by 90754248 > 2012-04-27 08:30 | Report Abuse

Good Morning and Thanks Brother Chong for your valuable advice and opnion, really appreciate.

messiBarca

598 posts

Posted by messiBarca > 2012-04-27 16:03 | Report Abuse

flying

chong

3,074 posts

Posted by chong > 2012-04-28 01:37 | Report Abuse

Today BIMB fly to $2.47 cents until 1 dingo sells at the last queue at 4 cents less at $2.43 with a total of 135 lots, yes 13500 shares only. Wonder if this is the issuing warrants bank that throws or some useless kaisi & kaisu kaki who just panic because of the Bersih 3 rally today....to this useless kaksi & kiasu kaki, I think it's better for him/her to stay at home and watch tv instead of playing shares, hee, hee, hee

I think BIMB is coming...remember TP is $2.90 & may even go higher & it seems that the takeover & merger talk is now in again. Will there be a takeover or merger of this Malaysia smallest bank? If takeover, then price could easily reach $3.70 cents.....EPF is silently buying everyday, is this any indication?

Remember Bank Islam still open to M&As despite 2 failed attempts. And MD Zukri said before this...To grow the bank domestically, I am all for it, but it's a matter of getting the right candidate.

So?

junben

50 posts

Posted by junben > 2012-04-28 01:54 | Report Abuse

bro Chong can help to see silver bird prospect? i bought at 0.19. thanks in advance.

chong

3,074 posts

Posted by chong > 2012-04-28 01:59 | Report Abuse

Bank Islam, which has long wanted to expand into Indonesia and Bangladesh, is currently in early talks with shareholders of an Islamic bank in Indonesia for a potential stake buy.

"We're still looking for opportunities in Indonesia. We're having preliminary discussions with the shareholders (of a bank), but it's too soon to say anything," he told reporters after inking a memorandum of understanding (MOU) with Koperasi Pembiayaan Syariah Angkasa Bhd (Kopsya).

Zukri said Bank Islam isn't interested in acquiring small lenders in Indonesia, prefering instead to go for a bank with big branch network.

"The process will take time, but it is our hope that it will happen as soon as possible," he remarked.

While the bank remains keen on Bangladesh, its plan for Indonesia is more advanced, he added.

Bank Islam is also expanding at home, with plans to have 150 branches nationwide by 2015 from an expected 134 by this year-end.

Its MOU with Kopsya will see it offering its entire range of Islamic financial services to the latter, starting first with consumer financing.

Kopsya was formed by Angkatan Koperasi Kebangsaan Malaysia Bhd in July last year with a mandate to provide an Islamic banking platform for the cooperative organisations in Malaysia.

It currently has 65 cooperative organisations registered as members and is confident that the membership will balloon to 500 by the year-end.

"Kopsya intends to help cooperatives in this country conduct their businesses more effectively," its chief executive officer Professor Madya Datuk Syed Mohd Ghazali Wafa Syed Adwam Wafa said.

There are currently over 8,600 such organisations in the country.

chong

3,074 posts

Posted by chong > 2012-04-28 02:20 | Report Abuse

Brother junben , think it's time for you to forget Silver Bird altogether...is a white shinning knight coming?...directors are selling & selling, CORPORATE AND DEBT RESTRUCTURING SCHEME, etc , etc.

How long are you going to wait for the restructuring and what are the final results? Still uncertainty isn't it? You know it's almost a gone & you should have sold a few days ago when price is around 18.5 cents & your cut loss is a minimum but now it's at 15.5 cents, come Monday what price? You know a few weeks back this counter is being "hack" , so to say but you still want to hold on....if I were in your shoes, I would have chabuted long long ago & concentrate on other meaningful counters.

Cheers.

chong

3,074 posts

Posted by chong > 2012-04-29 14:42 | Report Abuse

BIMB to climb higher tomorrow.....opening at price $2.47 & above perhaps?

chong

3,074 posts

Posted by chong > 2012-04-30 05:12 | Report Abuse

EPF everyday makan BIMB non-stop, is there something EPF knows that we don't...a possibly merger or takeover in the making?

Remember what the BIMB MD says.."we are looking for a suitable candidate"



Latest TP $2.90 cents...dividend 7.2 cents ex is 21st May 2012.....if takeover by some big bank [ a great possibility because of being Malaysia's smallest bank, easily makan up], then TP $3.70 to $4.30 cents

Cheers.

chong

3,074 posts

Posted by chong > 2012-04-30 05:16 | Report Abuse

Do you all still remember that the government wants to have a Mega Islamic Bank previously & the easiest way is to take over Bank Islam.

http://www.kippreport.com/2010/12/malaysias-cbank-still-reviewing-islamic-mega-bank-bids/

90754248

104 posts

Posted by 90754248 > 2012-04-30 11:42 | Report Abuse

BIMB 2.50 already, hope the sons will follow son.

chippy

34 posts

Posted by chippy > 2012-04-30 11:44 | Report Abuse

always be positive for good fundamental stocks....

chippy

34 posts

Posted by chippy > 2012-04-30 11:46 | Report Abuse

people chasing takaful for dividend going ex on 7 may. as mentioned above bimb ex on 22 may....still got chance to see people chasing for it soon

chong

3,074 posts

Posted by chong > 2012-04-30 11:49 | Report Abuse

Stay on, there's more to come. Now it only scratch the surface in the morning...afternoon BIMB goes to $2.65++???...son CC 17.5 cents??

messiBarca

598 posts

Posted by messiBarca > 2012-04-30 11:52 | Report Abuse

flying

chippy

34 posts

Posted by chippy > 2012-04-30 12:06 | Report Abuse

chong, why so confidence, normally you are quite reserve? care to share?

chong

3,074 posts

Posted by chong > 2012-04-30 12:07 | Report Abuse

Brother chippy, I know this BIMB when it was at $1.20 last year, hee, hee,hee

chippy

34 posts

Posted by chippy > 2012-04-30 12:09 | Report Abuse

great bro...

elsey

23 posts

Posted by elsey > 2012-04-30 12:26 | Report Abuse

Thanks, Mr Chong, for sharing :))

Posted by kueyteowlou > 2012-04-30 13:04 | Report Abuse

Hehe.. Look at that takaful.. And congratulation on those who bought alot of bimb-cc last week..

elsey

23 posts

Posted by elsey > 2012-04-30 13:46 | Report Abuse

Hehe...I bought a little only and am very happy. Did you buy any, kueyteowlou?

chong

3,074 posts

Posted by chong > 2012-04-30 14:33 | Report Abuse

Yes, the CC I told you all to sapu when it was for sale at 14.5 cents. I did just that to increase my total number of CC & now making money.

gordan85

91 posts

Posted by gordan85 > 2012-04-30 14:39 | Report Abuse

rally now...

chong

3,074 posts

Posted by chong > 2012-04-30 14:57 | Report Abuse

More to come?

elsey

23 posts

Posted by elsey > 2012-04-30 14:58 | Report Abuse

rally ended for today? :(

Posted by kueyteowlou > 2012-04-30 14:58 | Report Abuse

almost 10k support for BIMB-CC @ 0.17..

chong

3,074 posts

Posted by chong > 2012-04-30 15:01 | Report Abuse

No lah brother elsey , tomorrow extension of today's rally until TP $2.90, hee, hee, hee

gordan85

91 posts

Posted by gordan85 > 2012-04-30 15:12 | Report Abuse

CB exercise price 2.08, ratio 4:1, current price 0.09, means mother share 2.44 and above will benefit to the son holders? means that is better than cc? which is 3:1. exercise price 2, current price 0.175 = mother share must up to 2.525?
correct me if i am wrong, i am still new...

90754248

104 posts

Posted by 90754248 > 2012-04-30 16:03 | Report Abuse

CB 0.105, will it go further?

chong

3,074 posts

Posted by chong > 2012-04-30 16:19 | Report Abuse

Everybody happy today with those holding BIMB & sons CB & CC...especially CC holders.

yewkhian

197 posts

Posted by yewkhian > 2012-04-30 16:52 | Report Abuse

Chong : U A Great! i dint buy BIMB but really thanks for the sharing and ur good KARMA :) GOD bless YOU!

chippy

34 posts

Posted by chippy > 2012-04-30 16:53 | Report Abuse

gordon85, you calculations are fine...yup theoritically cb is cheaper...but people always put a premium for days to maturity risk...

90754248

104 posts

Posted by 90754248 > 2012-04-30 17:06 | Report Abuse

I havent sold my CB, let see how tomorrow, if price is good then will let go. Althought seem like can go furhter but not to take the risk.

chong

3,074 posts

Posted by chong > 2012-04-30 17:13 | Report Abuse

Brother yewkhian, thank you so much for your kind words. I am just nothing but trying my best to see that my friends & members here make some really good money & not to be con by sharks in some useless money losing pennies.

Cheers brother yewkhian & all the best to you too.

gordan85

91 posts

Posted by gordan85 > 2012-04-30 17:17 | Report Abuse

thx chippy ^^

Posted by yeap boon tat > 2012-04-30 21:40 | Report Abuse

Chong: currently BIMB 2.54, is it still good and safe to enter? i once bought 5000 at 2.24 and sold 2.36, now a bit sakit hati to see it flew tillcurrent price.. should i enter or wait?

yewkhian

197 posts

Posted by yewkhian > 2012-04-30 22:30 | Report Abuse

Chong: will follow you get in some smartag, earn some pocket money.

chong

3,074 posts

Posted by chong > 2012-05-01 01:55 | Report Abuse

Brother yewkhian , you do that, buy more Smartag and make more money as new news had been send to me .....all posted in my forum. Please read the topic on Smartag here.

What brother yeap boon tat , you sold off so early when I ask you to hold & wait for it to cheong? However I leave the decision to you for you to enter more at this higher level. When I recommend you all to buy at $1.85++, very few took my advice & if you had you should make about 70 cents on each share.....if you have 100k shares, you make?????...yes $70,0000...wow, isn't it?....200k shares you make a cool $140,000....simply wonderful isn't it?

chong

3,074 posts

Posted by chong > 2012-05-01 12:44 | Report Abuse

Tomorrow up & up?

jtpc2006

984 posts

Posted by jtpc2006 > 2012-05-01 20:50 | Report Abuse

Hi Chong, is it ok to enter Smartag now? Compared to Bintai, which is the more preferred? thanks for your advice.

chong

3,074 posts

Posted by chong > 2012-05-02 00:21 | Report Abuse

Both also good...both got good potential future earnings. Today we will see Smartag opens at a higher price, quiet or very confident about this. So enter Smartag today with your eyes close, hee,hee, hee as there's more of it going up & not down from today. Last few days down is because one idiotic local company ONLINE ENTERTAINM​ENT throws away more than 6 millions shares at a low low price to easily dispose it off. Now this ningkampook company is regretting perhaps because of the new government agreement which will bring big future profits to Smartag.

Smartag had hit 40+ cents before & there's a great possibility of it going much higher than this later because of the latest government contract will will cover a few million containers each year.....think of the potential future earnings starting from June 2012.

As for Bintai, last Monday we see a kaki buys big lots....trading at this counter is very low but as soon as Bintai secure some KL MRT project...if it does, it will fly lah. Wonder why 1 big kaki sapu in very larget lots at a higher price last Monday.....does this kaki knows something that we the investor don't know?

Cheers brother jtpc2006 , all the best to you & may the ringgit comes or goes into your pocket too in large numbers....take care my friend.

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