BANK ISLAM MALAYSIA BERHAD

KLSE (MYR): BIMB (5258)

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Last Price

2.40

Today's Change

+0.05 (2.13%)

Day's Change

2.34 - 2.45

Trading Volume

5,251,000

Details of Changes
Securities After Change
Transactions
Ann. Date Name Details of Changes Securities After Changes
Date Type No. of Shares Price Direct (%) Indirect (%) Total (%)
Discussions
32 people like this. Showing 50 of 9,225 comments

5354_

2.28 done how can trust latest Kenanga TP only RM 2.15?

2023-10-12 09:52

5354_

RM 2.5 year 2022 price?

kyliew

Faster I'm waiting to sell at RM2.50

2 days ago

2023-10-12 10:02

troy88

Kenanga is a useless analyst. Those who followed them on gloves all went to holland and never came back..

2023-10-12 10:25

kokchengkai

greenwave tak jadi ,harga lagi kuat naik ,investor banking sector looklike tidak berapa minat warna hijau

2023-10-12 15:15

speakup

can still buy? or too late d?

2023-10-12 21:28

kyliew

RM2.50 sell order

2023-10-13 17:12

kyliew

Post removed.Why?

2023-10-13 17:12

DividendGuy67

@speakup, given recent breakout, some momentum traders might be buying as it appears to be on the uptrend since June lows. Personally, as I am overweighted, I am not buying. In fact, I'll be looking to sell some ~ 10% holdings on strength to these momentum buyers at various points on the way up 😂. I am prudently expecting this year's dividend to be at least 13.5 sen (LY 13.8 sen), which is giving me a Dividend yield on cost of 7.4%. My goal is to hit around Dividend Yield on cost of 10% at average long term portfolio weighting and then I can forget.

2023-10-13 19:33

Dakewlest

Thinking of buying again when the price drops…

2023-10-13 19:43

speakup

@DividendGuy67 thank you
and what is your TP?

2023-10-14 08:46

kyliew

Post removed.Why?

2023-10-17 16:02

JrWarren

Finally BIMB business back to usual with lower NPL ratio and better revenue.
6% dividend this year.

2 months ago

Mun Peng

Yup, decent QR

2 months ago

5354_

12.59 sen interim dividend declared without DRP.

2 months ago

speakup

Before results out was below 2.20.
2.20+0.12=2.32
Market already priced in the dividend

2 months ago

Mabel

Bank Islam Malaysia Berhad

Share Price 7 Day 1 Year
2.30 5.0% -11.2%


Bank Islam Malaysia Berhad Announces Single-Tier Interim Dividend for the Financial Year Ending 31 December 2023, Payable on 12 January 2024

Bank Islam Malaysia Berhad announced single-tier interim dividend of 12.59 sen per ordinary share for the financial year ending 31 December 2023, payable on 12 January 2024. Entitlement date is 19 December 2023. Ex-date is 18 December 2023.

Thank you BIMB!

2 months ago

hhhiii123

let's go 12 cent dividend

2 months ago

troy88

Very steady. Happy to receive big dividend

2 months ago

speakup

EPF strong support at 2.30

2 months ago

speakup

EPF goreng

2 months ago

troy88

Solid!

2 months ago

Mabel

Haha don't worry...Santa is cuming to town..

NEW YORK (Dec 23): Wall Street is counting on the so-called Santa Claus Rally to bring record highs as markets close out 2023 with strong gains. The S&P 500 is up over 4% in December alone and has risen 24% this year, bringing it within 1% of a new all-time high. The benchmark index is also on track for its eighth straight positive week.

If history is any indication, that momentum is likely to continue in the short term. The end of the year tends to be a strong period for stocks, a phenomenon dubbed the “Santa Claus Rally”. The S&P 500 on average has gained 1.3% in the last five days of December and first two days of January, according to data from the Stock Trader's Almanac going back to 1969. Those gains have been pinned on reasons varying from buying before the new year following tax-related sales to general holiday hopefulness.

This year, optimism is high. The Federal Reserve (Fed) surprised investors earlier in December by signaling that its historic monetary policy tightening is likely over and projecting rate cuts into 2024, following signs that inflation is continuing to moderate. Data on Friday supported that trend, showing annual US inflation, as measured by the personal consumption expenditures price index, slowed further below 3% in November.

Bursa Malaysia is anticipated to stage a rebound next week, buoyed by continuous support from foreign funds and improving economic conditions. From a technical perspective, the FTSE Bursa Malaysia KLCI (FBM KLCI) failed to surpass the critical resistance level of 1,465 despite a few attempts, followed by four consecutive days of decline and broke below the 20-day exponential moving average (EMA) on Friday. However, as the index has managed to hold above its 50-day EMA, the odds of an upside move are increasing. Hence, we believe the benchmark index is still in a consolidation mode with a slight positive bias.

As such, we anticipate the benchmark index to trend within the 1,450-1,470 range for next week, with immediate support at 1,450 followed by 1,440. On a Friday-to-Friday basis, the FBM KLCI fell 7.87 points to end the week at 1,454.38 versus 1,462.25 a week ago.

Meow

2 months ago

DividendGuy67

Finally received BIMB dividend. A nice 12.59 sen. Dividend yield on Cost is 6.7%. Price gain is 19%. Holding less than a year. BIMB beats my benchmark of 9% per annum very, very handsomely.

Thank-you BIMB, for helping made my portfolio to new all time high again today. 7th time this month in January!

1 month ago

rlch

No dividend Affin RM 2.65 why BIMB so cheap?

3 weeks ago

speakup

Cos Affin ada orang main

3 weeks ago

rlch

Siapa main? Sarawak govn can sell Affin buy BIMB 40 sen cheaper.

3 weeks ago

speakup

Sarawak can't buy BIMB cos Sarawak is multi racial multi religion. Sasah nak justify to Sarawakians

3 weeks ago

aklobi

@speakup, religion has nothing to do with Islamic Banking. Many non Muslims and non Muslim institutions invest in Dubai Islamic Bank, Abu Dhabi Islamic Bank and others. Infact, Islamic banking is being viewed as a legitimate alternative type of safe banking that is gaining momentum in non-Muslim societies. It is merely a financial concept despite it having "Islamic" in it's name.

3 weeks ago

TheContrarian

First time in my life bought BIMB today, small portion at 2.25.

3 weeks ago

smartly

welcome on board !

3 weeks ago

TheContrarian

Tq

3 weeks ago

5354_

Abang Jo said want to acquire a commercial bank but without giving name why cannot be BIMB? Cheaper by 30 sen compare to Affin.

2 weeks ago

TheContrarian

Bought at 2.24 today.

2 weeks ago

rummygame2100

fgfg

2 weeks ago

Mabel

Happy Chinese New Year to all the i3 Investors! As we welcome the auspicious Year of the Dragon, we seize this opportunity to extend our heartfelt wishes to each and everyone of you. May this Lunar New Year bring you abundant joy, prosperity, and good fortune! Let's all HUAT ah!!!

Captain Mabel Meow

2 weeks ago

TheContrarian

Go, go, go BIMB.

1 week ago

5354_

RM 2.5-2.6 like Affin can?

1 week ago

TheContrarian

Posted by rlch > 1 week ago | Report Abuse

If you like bank BIMB is cheaper. Also good dividend counter.

Thank you for the recommendation.

1 week ago

TheContrarian

@5354_ , RM3 also can.

1 week ago

DividendGuy67

BIMB closed +2.6% with higher volume. Nice price move, looking to retest previous resistance. The more times it tries to retest, the better in general.

BIMB is my 7th largest holding out of 49 stocks today. Thanks to BIMB and 21 other green stocks to offset the few reds, my portfolio made new All Time High again today. Thank-you Mr Market!

1 week ago

hhhiii123

plz give good dividend!!

1 week ago

TheContrarian

Dividend already paid out last month.

1 week ago

TheContrarian

Go, go, go BIMB.

1 week ago

Johnzhang

@TheContrarian, the market is listening you . 😄

1 week ago

TheContrarian

Forum here is rather quiet. I feel BIMB can go far.

1 week ago

DividendGuy67

Fuiyoh ... BIMB closed +3.83%. BIMB now climbs to my Top 5 largest stock from Top 7 yesterday. Thanks to BIMB and 23 other stocks that closed in green, my portfolio hit New All Time high again today for 4 consecutive trading days ... Thank-you Mr Market!

1 week ago

DividendGuy67

Looking closer, I was very lucky to have entered into BIMB near the bottom.
- My first entry was 9/5/23 at 2.03.
- I then keep buying more as price went down until it hit near the bottom of 1.75 - I didn't get the absolute low of 1.7, but it was good enough to be able to buy at 1.75.
- That brought my average cost down to 1.87.
- Then, we receive dividends. I took some small profits and my net cost after dividends and a small amount of realized means my average cost price is now 1.70. This is for my 5th largest holdings out of 48 stocks.

At 2.44 close today, my unrealized gains is now close to 43%.

And here I was, when I entered at an average cost of 1.87, I was only happy to target a long term Dividend Yield of 7.2%. Now it turns out, instead of gaining 7% (since I held less than a year), I have earned something like 43% gains. What a bonus.

Thank-you Mr Market.

1 week ago

DividendGuy67

It is amazing when you track its NTA growth over the past 10 years - this small growing stock has consistently grown its NTA by 14% per annum CAGR over past 10 years. It's NTA is 3.29. It's trading at 2.44, below Book Value, for a bank that grows its equity at the rate of 14% per annum over past 10 years ... it was so overlooked by the market.

It's Dividend Payout ratio is only 38% ... not stretching at all. This stock grows its Net Worth and grows its earnings and is having a conservative dividend payout ratio. And when I entered at an average cost of 1.87, it was yielding 7.2% dividend yield. What a bargain then.

It pays to own overlooked stocks when everyone was afraid and nobody wants to own it when it was crashing back in May 2022.

I know this bank's value and with a price action like this, there's no rush to take profits on its way up. I may trim it so that it doesn't become too big a proportion but otherwise, the strategy is still to sit tight on your winners and sit tight on your losers, so that your winners become a larger proportion of your portfolio and your losers naturally become a smaller proportion of your portfolio so that your portfolio can keep making new all time highs regularly especially when you own a portfolio of sound, good fundamental stocks and businesses ...

1 week ago

TheContrarian

I think you got the year wrong, it was crashing in May 2023 rather than 2022.

6 days ago

TheContrarian

Finally moving again.

16 hours ago

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