BANK ISLAM MALAYSIA BERHAD

KLSE (MYR): BIMB (5258)

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Last Price

2.76

Today's Change

-0.01 (0.36%)

Day's Change

2.76 - 2.78

Trading Volume

88,500

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32 people like this. Showing 50 of 9,322 comments

Mabel

Yes kong73!

Looking back at the first half of 2024, bank stocks dominated the majority of the top 10 high-yield dividend stocks list.

Among companies with a market capitalization exceeding RM5 billion, $BIMB(5258.MY)$ was the best-performing stock, with a dividend yield of over 8% and a year-to-date increase of over 14%. The three local banking giants, $RHBBANK(1066.MY)$, $MAYBANK(1155.MY)$, and $PBBANK(1295.MY)$, were also among the top performers, with dividend yields of 7.26%, 6.06%, and 4.73%, respectively.

To Our Success !

Meow

2024-06-27 14:02

LuckyWorldg

中期图表在经过一波窄幅震荡下行的下跌后现在了一波上涨,从上涨的细节看,上涨连续性好,承接性好,走势清淅规范,运行特征与BIMB是机构股的资金运行特征相同。是机构股配合机构资金运行的特征,同时也出现了明显的转势信号,整体图表非常漂亮完美,但是在局部调整的细节里发现有人在大量卖出,主要表现在3.15号/5.31号/6.21号都出现了拉尾盘的痕迹,而且3.15号成交量巨量增长。一般情况下出现这种拉尾盘的走势的主要目的是在接近收盘的时候用最少的资金把价格拉高。这样可以提高第二天卖出的价格。在尾盘拉升可以最少的资金拉升价格后就收盘了,不用承担未来的抛压。这是一个标准的拉尾盘出货手法。从发现多次拉尾盘的痕迹来判断当前有人在大量卖出的观点存在不足,今天继续复盘。3.15号拉尾盘资金7859.74万。3.16号全天成交额419.29万。5.31号拉尾盘资金226.6万,6.4号全天成交额396.64万。6.21号318.52万,6.24号全天成交额264.33万。从这些成交额来看,如果用拉尾盘出货的观点去分析,第二天的全天成交额都无法把拉盘资金出完。所以从这个角度看,当前的细节更多的是一种护盘行为概率会更高。有问题或合作PM @depths95

2024-07-01 15:09

Daily88

BOUGHT BIMB. KEEP UNTIL SEE MONEY.

2024-07-24 19:36

TheContrarian

Bought back BIMB at 2.48 today.

2024-07-24 19:39

Mabel

Same here at RM 2.48...

2024-07-24 23:55

seiluen

still holding since RM2.03

2024-07-25 08:08

aimi4s1

is it worthy to put money in this stock as retirement saving?

2024-07-29 15:51

Mabel

Why not?

Best dividend counter even beating Maybank and CMIB

Meow

2024-08-02 19:06

sg999

But RHB dividen higher?

2024-08-02 20:38

TheContrarian

Bought at 2.42.

2024-08-05 12:54

Mabel

Congrats Guys!

2024-08-07 23:06

Mabel

Meow Meow Meow

2024-08-09 12:15

Mabel

Historically, biting down gold coins was common practice among traders for checking the authenticity of the metal. Genuine gold, being soft, would leave dents on the coins.

However, the question of authenticity no longer applies in the Olympics, since the International Olympic Committee stopped awarding pure gold medals in 1912.

As modern-day investors, it can be easy for us to get caught up in the day-to-day fluctuations of the stock market.

The advent of the 24-hour news cycle, up-to-the-second trading platforms, and low-commission trading (or commission free in many instances) can make your head spin and make matters worse in many instances.

However, if there is one lesson stock market history has taught me, it's that a short-term crisis often makes way for longer-term opportunities.

Booms and Busts are Nothing New

Long before Wall Street was even conceived of, history was littered with boom-and-bust periods.

In fact, unless you're hundreds of years old, the first instance happened long before you were born.

During the Dutch Golden Age of the 1700s, tulip speculation ran wild.

Even though there was little real-world value or use around tulips, the price soared to the equivalent of ten times the annual salary of a skilled artisan!

The Extremes of the .com Craze

Fast forward to 1999, and a similar phenomenon occurred with the burgeoning internet sector.

Investors began to realize that the internet would change how we take in information.

However, just like the Tulip Bubble before it, investors suffered from irrational exuberance.

Though most internet stocks had yet to turn a profit, investors piled into any stock with a .com in the name and sent it into the stratosphere.

One extreme example was Netscape. Netscape soared from $28 to nearly $75 a share on its first day of trading!

Many other names went on to have price-to-earnings (P/E) ratios of over 300x earnings - numbers that would wake Warren Buffett up at night.

2008's Global Financial Crisis

The housing crisis of 2008 was yet another example of excesses in one direction leading to excesses in the opposite direction.

Large banks' excessive risk taking and over-lending aimed at low-income home buyers led to a speculative bubble.

You guessed it! Like the dot com craze and Tulip Mania before it, this didn't end well.

First, rampant real estate speculation led to unsustainable prices. Then, the devastating crash came which sparked the demise of large banks such as Lehman Brothers and Bear Stearns.

Learn from the Market's Past to Understand the Future

You may be wondering why I am taking you down this random walk-through memory lane.

One of the primary reasons why crisis equates to opportunity in the stock market is the occurrence of "black swan" events.

Black swan events are rare and unexpected events that significantly impact the market and can cause a rapid decline in stock prices.

The events I walked you through above are all examples of black swan events.

However, black swan events can be a product of things outside of the economy that ultimately impact the economy (think the 9/11 terrorist attacks or the COVID-19 pandemic).

While these events are often devasting to the world and investors caught on the wrong side of the trade, they also pave the way for opportunities for those who have dry powder (cash on hand) and are prepared to take advantage of them.

*Like a weed sprouting its way through a cracked driveway, ultimately markets "heal*".

Meow

2024-08-11 00:37

Mabel

All 3 Singapore-listed banks have also released their financial results for the 2nd quarter, and for the 1st half of FY2024 – starting with United Overseas Bank (SGX: U11), on 01 August, followed by Oversea-Chinese Banking Corporation (SGX: O39), the following day on 02 August, and then DBS Group Holdings Limited (SGX: D05), on 07 August.

‌*Dividend Payout to Shareholders*:
The management of UOB pays out a dividend on a half-yearly basis – once when it releases its results for the 1st half of the year, and once when it releases its results for the 2nd half. ‌For the 1st half of FY2024, a dividend payout of 88.0 cents/share was declared – this represents a 3.5% improvement from its payout of 85.0 cents/share declared last year. The amount also represents a payout ratio of about 51%. Dividend payout: 23 August 2024

Similar to UOB, OCBC’s management also announces dividends to shareholders bi-annually – once when the bank releases its results for the 1st half of the year and again for the 2nd half. For the 1st half of FY2024, a dividend payout of 44.0 cents/share was declared – a 10.0% increase from its payout of 40.0 cents/share last year, and representing a payout ratio of 50%. Dividend payout: 23 August 2024

‌Unlike UOB and OCBC, the management of DBS declares a dividend payout to the shareholders on a quarterly basis. Similar to the first quarter, a payout of 54.0 cents/share was declared for the 2nd quarter. Hence, for the 1st half of the year, a total payout of $1.08/share was declared – a 20.0% improvement from its payout of 90.0 cents/share last year. Dividend payout: 26 August 2024

Let's hope Maybank, CIMB and BIMB can beats the 3 Singaporean Princess!

Meow Meow Meow

2024-08-11 22:30

Mabel

Today Mabel unload from 2.66 to 2.68 and retain another 60 %...

Thank you BIMB

Meow

2024-08-12 16:53

TheContrarian

Took some profits at 2.66.

2024-08-12 17:11

Mabel

Well done !

2024-08-13 16:51

troy88

Heading to RM3..

2024-08-15 09:45

mf

Indices
FBM KLCI

FBM KLCI

1,608.63

-3.72

0.23%

2024-08-15 09:49

Mabel

Meow Meow Meow

2024-08-15 21:58

Mabel

Meow Meow Meow

2024-08-19 11:26

Mabel

Wow RM 2.77 oledi

2 months ago

pang72

Meow meow mable..
I believe in you for BIMB..

2 months ago

pang72

BANK ISLAM RECORDS NET PROFIT OF RM266.3 MILLION FOR 1H2024
HIGHLIGHTS
• The Group’s Net Profit increased by 4.8% year-on-year (y-o-y) to register at RM266.3
million.
• Total Assets grew by 6.4% y-o-y to RM93.0 billion.
• Net allowance for impairment on financing and advances decreased by 37.3% to
RM77.5 million.
• Gross impaired financing and financing credit cost ratios stood lower at 0.92% and
0.23%, respectively, reflecting commendable asset quality.
• Strong customer deposits and investment account growth y-o-y, with healthy
CASATIA composition at 37.0%.
• Robust capital position with a Total Capital Ratio of 19.4%.

2 months ago

pang72

QR too good to go up?
It is OK..
12c f
Dividend declares in Nov will cross $3

2 months ago

Mabel

#pang72 Meow meow possible..
I believe in you for BIMB..
22/08/2024 3:31 PM

Cheers Pang72!

Welcome to BIMB!

Today Mabel add another batch at RM 2.63 and another batch at RM 2.60...

To RM 3 with Loves!

Meow Meow Meow

2 months ago

Mabel

Bank Islams 2Q24 results were below expectations, and we lower our FY24-26E earnings by 5% respectively. We maintain a HOLD call and roll forward valuations to FY25 on an unchanged PBV of 0.8x (FY25E ROE: 7.9%). Our TP of MYR2.75 is maintained.

Source: Maybank

2 months ago

Mabel

Meow Meow Meow

2 months ago

Mabel

Second quarter 2024 earnings released: EPS: RM0.061 (vs RM0.06 in 2Q 2023)

Second quarter 2024 results:
EPS: RM0.061 (up from RM0.06 in 2Q 2023).
Revenue: RM590.2m (up 8.4% from 2Q 2023).
Net income: RM137.2m (flat on 2Q 2023).

Profit margin: 23% (down from 25% in 2Q 2023). The decrease in margin was driven by higher expenses.

Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Banks industry in Malaysia.

Today BIMB climbs 2.69 %

To Our Success !

Meow

2 months ago

Mabel

Yesterday was Bank Islam, Maybank just released their Result

MAYBANK 2nd Quarter 2024

1. Maybank 2nd Quarter 2024 net profit increased 8.2% to RM2.53 billion. This is due to lower provisions and tax expenses.
2. According to its filing with Bursa, Maybank maintains its target to achieve return-on-equity (ROE) of 11% for FY2024.
3. The company announced a dividend of 29 sen per share similar to the level announced last year.

Next is CIMB

Yum Yum

2 months ago

TheContrarian

Two days ago put buy order at RM2.56. Didn't realize my order was done until I checked my account today.

2 months ago

Mabel

Diversifying across several banks is a smart approach, especially when focusing on dividend yields. This strategy can help spread risk and take advantage of the strengths of different institutions. Here are the ranking of Mabel's Banks based on their latest quarterly results (Q2 2024 for most):

*Revenue*

Maybank: MYR 14.92 billion
CIMB: MYR 5.6 billion
BIMB: MYR 590.2 million

*Earnings (Net Profit)*

Maybank: MYR 5.02 billion
CIMB: MYR 1.96 billion
BIMB: MYR 137.2 million

*Dividend*

Maybank: 29 sen per share
CIMB: 27 sen per share
BIMB: 4.22 sen per share

Happy Merdeka Every One!

Meow Meow Meow

2 months ago

Mabel

Historical data shows that after the slump in September, US stocks tend to experience a relatively strong rebound in the following fourth quarter. Since 1990, the win rates for US stocks in October, November, and December have been as high as 65%, 71%, and 76%, respectively, with gains exceeding 1% in each month. This suggests that accumulating cash and buying fundamentally strong stocks during market downturns could be a viable strategy.

Generally, in a lower interest rate environment, the investment value of sectors with high dividends such as banks, utilities and consumer staples become more prominent. In the face of potential market volatility, stocks with stable dividend growth and high free cash flow yields in these sectors also have stronger defensive attributes. If their valuations are relatively low, the margin of safety will be higher. So if you expect more volatility in September than usual, it's time to sell offensive stocks and buy defensive stocks.

Cheers Everyone!

Meow

2 months ago

Ubaidah At-Tasiki

I personally target bimb rm 3

2 months ago

TheContrarian

BIMB holding up well.

2 months ago

Mabel

It seems all Mabel's 3 Banks took a slight deep today...

So Far all 3 Banks are holding up steadily...

2 months ago

Mabel

Good News this morning. Here are the key points:

Fed Cuts Rates: The Federal Reserve cut interest rates by half a percentage point, citing increased confidence in inflation moving towards 2%.

Economic Projections: Policymakers expect further rate cuts, with the benchmark rate falling to 2.75%-3% by 2026.

Market Reactions: US stocks gained, the US dollar fell, and Treasury yields dropped following the announcement.

Labour Market Concerns: The Fed’s decision reflects concerns about a potential slowdown in the job market, despite progress on inflation.

2 months ago

Mabel

Look like Mabel's 3 Great Builders of Infrastructures, Properties and Data Centers; Gamuda, Sunway and Sime Darby Property are on it's way to hit all time high...

Soon Banks will be joining soon..

2 months ago

mf

U.S. boosts air support and hikes troops’ readiness to deploy for Middle East

1 month ago

Mabel

This week $BIMB (5258.MY)$ has launched the second tranche of its RM5 billion sukuk wakalah program, totaling RM250 million. This additional tier-1 capital sukuk wakalah, which has a perpetual non-callable period of five years, received a long-term rating of A3 from RAM Rating Services Bhd. The funds raised from this issuance will be allocated towards financing the bank's general working capital needs and other corporate purposes.

Two years ago I subcribed to BIMB 1st Tranche RM5.82 billion sukuk wakalah to support our Islamic Bank after evaluating the Bank using Warren Buffett Economic Moat and Risk Analysis Framework using Jitta, 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 below Buffet Business School recommendation above 7 to make a viable Business Investment.

Despite below Par rating Mabel decided to invest on the 1st Tranche Sukuk since almost all pilgrim who goes for Hajj and Umrah will use BIMB as Tabung Haji are not allow to handle banking services in Saudi Arabia (new regulation). Hence BIMB has become TH preferred bank to serve the pilgrims.

As a shareholder of BIMB, the issuance of the second tranche of its RM5 billion sukuk wakalah program can be seen as a positive development. Well Done BIMB!

1 month ago

sg999

Dividen coming on NOV. What is your guess mabel? 0.16?

1 month ago

Mabel

“In the end banking is a very good business unless you do dumb things. You get your money extraordinarily cheap and you don't have to do dumb things. But periodically banks do it, and they do it as a flock, like international loans in the 80s. You don't have to be a rocket scientist when your raw material cost is less than 1.5%.”

Warren Meow Buffett

1 month ago

Mabel

#sg999 Dividen coming on NOV. What is your guess mabel? 0.16?
04/10/2024 12:55 AM

It's possible sg999...

Bank Islam Malaysia Berhad (BIMB) has a consistent history of paying dividends. Here are some highlights from recent years:

2023:
Interim Dividend: 0.1259 MYR per share (yield: 5.25%)
Second Interim Dividend: 0.0422 MYR per share (yield: 1.76%)
2022:
Interim Dividend: 0.104 MYR per share (yield: 4.33%)
Second Interim Dividend: 0.034 MYR per share (yield: 1.42%)
2021:
Interim Dividend: 0.1093 MYR per share (yield: 4.55%)
2020:
Interim Dividend: 0.126 MYR per share (yield: 5.25%)
2019:
Interim Dividend: 0.16 MYR per share (yield: 6.67%)

BIMB has shown a strong commitment to returning value to its shareholders through regular dividend payments

When comparing Bank Islam Malaysia Berhad (BIMB) to other banks in terms of dividends, here are some key points to consider:

Dividend Yield: BIMB has a relatively high dividend yield compared to many other banks in Malaysia. For instance, its recent dividend yield has been around 5-6%, which is quite attractive for dividend investors.

Consistency: BIMB has a strong track record of paying consistent dividends over the years. This consistency can be appealing to investors looking for reliable income.

Comparison with Major Banks:

Maybank (Malayan Banking Berhad): Maybank is known for its high dividend payouts, often yielding around 6-7%.

Public Bank Berhad: Public Bank typically offers a lower yield compared to Maybank and BIMB, usually around 3-4%.
CIMB Group Holdings Berhad: CIMB’s dividend yield is generally in the range of 4-5%.

Sector Performance: The overall performance of the banking sector can influence dividend payouts. Banks with strong earnings and growth prospects are more likely to maintain or increase their dividends.

Economic Conditions: Macroeconomic factors such as interest rates, inflation, and economic growth also play a significant role in determining dividend policies.

Overall, BIMB stands out for its relatively high and consistent dividend yield, making it a competitive option among Malaysian banks for dividend-focused investors.

As always trade at your own risk..

To Our Success !

Meow

1 month ago

Mabel

Let see if Santa is cuming to town at the end of this year.

Yesterday, Bursa Malaysia’s FBM KLCI closed at 1,645.99 points, a 0.28% increased. Market Outlook: Bursa Malaysia is expected to rise, with the FBM KLCI index potentially surpassing 1,780 points by the end of the year.

The Malaysian ringgit is expected to strengthen against the US dollar, potentially reaching RM4.10 to RM4.20 by the end of 2024.

Meow Meow Meow

1 month ago

Ny036

When dividend will declare?
More than 12cents?

1 week ago

mf

Dow Jones

Dow Jones Industrial Average

44,293.13

+304.14

0.69%

Nasdaq

NASDAQ Composite

19,298.76

+11.98

0.06%

1 week ago

Mabel

#Ny036 When dividend will declare?
More than 12cents?
07/11/2024 12:47 AM

Just like PCHEM, Bank Islam Malaysia Berhad (BIMB) is expected to announce its quarterly results (QR) on November 28, 2024. BIMB has a strong track record of paying consistent dividends over the years. Last year Dividend Yields is 7%.

The stock remains in a sideways range but recently tested its 52-week high of MYR2.80 on increased volume. A breakout above this level would signal bullish continuation, supported by the higher lows structure that completes an ascending triangle pattern. With the recent rise in the RSI, a breakout appears imminent, potentially starting a new upcycle

To Our Success !

Meow

4 days ago

sg999

Yes supporting by dividen 0.16!

3 days ago

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