BIMB quarter report will be out most probably today or tomorrow & do expect some good results as can be shown by EPF buying & buying & EPF is not stupd, hee, hee, hee...isn't it time for you to pick up bank shares now?
Boikot: Think we should boycott this counter! Susah fly lah..wings already broken! Chong: Even with good QTR report hard to rebound! Look at Perisai, Affin etc!
Don't worry as I am the least worried knowing fully well that EPF is buying & buying almost everyday & I can't go wrong...so I am still holding. Just wait for the quarter reports presume to be out next week & also for the buying of an Indonesian bank & then you see what the effect will be.
I just wonder why people are so afraid to buy & hold on to fundamentally good shares & yet buy a "almost goner" penny shares knowing fully well of your money going down the drain but you with the hope that the people will goreng the share & you to make some easy money....face reality my friends, it's not as easy as you think to make easy money on the bursa.....do the wise part & you will make money, if not kaput or hangus.
Why hold fundamanetal stocks when most of these counters are govt controlled or PNB controlled. Can you able to tell me why ASB can declared special dividends and bonuses even in 1997 and 1998 financial crises?. As I said, our KLSELand and BursaLand are the biggest casinos after GentingLand and like roulette...go for a killed. Why use our hard earned sweat money in EPF acquire innocent counters? Please rethink.
This only a forum for discussion more like kopitiam. A lot of opinions to digset but the end of the while you makes the trading the decision is yours. Trading used your knowledge and facts then you make the profits. If you used others opinion the you jump without any knowledge, most of the time you will lose. Here in this forum are also a lot of remisier/news agent to disseminate the news of the company. So judge by yourself.
Indeed I'm agree that trading in stock more feeling, motion and emotion create reaction after a years of trading.
Well said brother Fasterom.....appreciate it. Yes, as I had always say to everyone is to do their homework before you press the "buy" button. As I had always said is this.... trade & tread with care always is my advice to all.
Quarter results in a day or 2 perhaps & EPF buying & buying for the last few days.....is this buying a signal of incoming good reports & the possibility of BIMB going higher & higher? Now you do your own decision...so watch out please.
Tomorrow BIMB touch $2.21 cents the least?.....and son follow accordingly too, hee, hee,hee. Results still not yet announced , so tomorrow BIMB may announce it's quarter results report....so stay on my friends.
Should be on the upward trend... Chart wise candle stick today already above the support level of rm2.14. If tomorrow it goes above rm2.19 than it will be upward momentum... Good luck and happy trading!!!
BIMB HOLDINGS BERHAD POSTED MORE THAN “HALF A BILLION” PBZT FOR FY2011 HIGHLIGHTS • Profit Before Zakat and Taxation (“PBZT”) up by 47% or RM181.1 million higher than previous corresponding financial period. • Net profit attributable to shareholders improved by RM51.2 million or 33% (Y-o-Y). • Bank Islam’s PBZT up 36.4% to RM470.1 million (Y-o-Y). • Takaful Malaysia recorded a PBZT of RM101.4 million for FY2011.
Kuala Lumpur, Tuesday, February 28, 2012 - BIMB Holdings Berhad (“BHB” or “the Group”) today announced a Profit Before Tax and Zakat (“PBZT”) of RM567.6 million for the 12 months financial period ended December 31, 2011. En. Johan Abdullah, Group Managing Director/CEO of BHB said “the growth shows an increase of RM181.1 million or 47% over the last corresponding financial period. The higher profitability was mainly due to higher operating profits generated by Bank Islam Malaysia Berhad Group (“Bank Islam” or “the Bank”) and Syarikat Takaful Malaysia Berhad Group (“Takaful Malaysia”) by 21% and 94% respectively.” Net profit attributable to shareholders improved by RM51.2 million or 33% to RM204.4 million. The growth in the Group’s net income was driven by higher fund and non-fund based income and improved asset quality by Bank Islam as well as better Takaful Malaysia’s underwriting results with strong business growth, higher realized gains on disposal of investment and the release of contingent special reserves. The higher income was attributable to net financing growth of RM2.3 billion or 19.2% to RM14.1 billion as at 31 December 2011 as compared to RM11.8 billion as at 31 December 2010 mainly arising from consumer lending. The Group’s gross impaired financing reduced to RM379.8 million as at 31 December 2011 from RM552.2 million as at 31 December 2010, a reduction of 31.2% or RM172.4 million whilst the net impaired financing was a negative RM45 million compared to RM128 million during the said period. Consequently, the gross impaired financing ratio dropped to 2.61% (end-Dec 2010: 4.50%) and net impaired ratio also dropped to a negative 0.31% as at 31 December 2011(end Dec 2010: 1.08%).
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
tcr5585
153 posts
Posted by tcr5585 > 2012-02-22 07:50 | Report Abuse
chong, this stock seem no much fluctuate