Sister tini, hold until you reach your TP.

Mampus or not, KHSB will not mampus but hidup lama lama, hee,hee,hee

Brother Stephen Le, support came back yesterday after the slight sell down by some headless chickens, Yes, there's more to come, that's for sure & also the present Selangor MB Khalid says that PR is set to retain Selangor with more than 2/3 majority in this coming GE around June. MB Khalid is a high flying corporate bigwig before & surely he must have does his homework before he plans to take KHSB private.

I presume most of you don't know anything of ex-corporate bigwig YB Khalid....yes, he is the one who dos the "midnight raid" on Guthrie to bring it back home from England to Malaysia. So, is he really good. I say a big "YES".

To all my friends here, a friendly advice for all on Winsun. Yes, the bull at Winsun is exhausted & so it will go down. Once the candles fall below the support trend line at RM0.175, expect correction to be sharp. So next support is at RM0.155 and RM0.14.

As brother spinninglotus said, it will shoot sky high, so are you all ready for it? One final announcement is made officially, then you all will be chasing hot dogs to get a bit but then you have to pay for it a a higher price & panting breathlessly lah, hee, hee, hee.

So the only better alternative to save you from all these troubles is to buy & hold lah....then relax & see your money grows.

Today kakis buying at 85 & 85.5 cents & pity that it didn't go past 86 cents...so today perhaps?

So, brother tand3, you follow my cue to buy when it was 88 cents? Good for you as you will be one of the few laughing the way to the bank, hee, hee, hee. So stay with it & we shall see more to come....btw, please don't go for chicken feed, ha, ha, ha.

Next stop for ECMB is $1.++ ??

But big boys also sapu big at 1 scoop finish all for sale at that $2.25 price, hee, hee, hee

So please be there when it really shoots.

Brother Stephen Lee, yes I still got plenty of bullets to shoot up. My style is average up & not average down lah, hee, hee, hee. If you keep averaging down, then how down will it go? So yesterday KHSB being the 4th most active counter, we are still to see it move up this morning....remember TP of 80 cents+ to perhaps $1+ ??

So stay my friends.....don't be a kiasu or kiasi, hee, hee, hee

So, brother kidman, you silently bought some too....good for you as now you are seeing profits.

Good buying support at 54%...quite confident there's more to come. Today up by 4 cents, tomorrow?

Today support is not too bad at about 43%...tomorrow or in a few days time we may see further improvement in the price bearing in mind of the coming Wednesday where we will know the full review of the proposed restructure....maybe by Wednesday itself we may see BIMB vroom.

Yes, brother Jake, the support is still there...so stay & soon we will be eating abalone & not KFC...hee, hee,hee

Good day for EPMB, more to come?

Now see the buy queue please..ada harapan

sure can brother chieng8182

Watch out, it's really coming up I presume

Now slowly we are coming up

I think BIMB is coming...stay my friends.

All headless chickens running like a mad dog, hee,hee, hee

Afternoon will be up after all the kiasu & kiasi all gone...so stay on my friends...shall we see a TP of 80+ cents?

So many kiasu & kiasi start running when someone throw a few lots down.OMG , when will they ever learn.

Yes, sister mamafarah, we all happy & I am confident there's more to come.

BIMB just do it!!

If takeover TP could be $1.10+

Now EPMB go do your job..gooooooooooooooo

KHSB, you can do it...go higher & higher..hee,,hee,,hee

ECM go go gooooooooooooo

Today may go up to 70+ cents or even more depending on the sharks goreng....hee,hee,hee

Go buy your KHSB...going higher & higher

Yes, brother Alan Lim, it's correct. Now we wait for Wednesday to know the full review. But I believe that this restructure is good for BIMB bearing in mind that this is not a PN17 counter that is undergoing restructure, then this is totally different.

Watch out as this sleeping lion will wake up soon with a big roar, hee, hee, hee

Yes, brother Mickey, hopefully to it reach it's TP of $1.40++

..btw, always remember this....

EPMB...NTA $1.73, EPS 24 cents, PER 3.2

So keep fingers crossed lah & hope for the best.

But then "no prioritized" , all KHSB holders burn or hangus as price drops to 38+ cents, hee, hee, hee

Brother Mickey , please don't think of the impossible lah.....but then we do hope for that too....wait lah until announced that it's being privatized, then mukin lah.

Maybe Monday may be slow for KHSB but after a few days may rise further to 70+ cents, well just maybe. Kalau privatized, memang 80 cents sampai $1++

But then anything can happen...right?

Just remember this....


The change in structure would also improve valuations, he said, pointing out that currently there was a tendency to attach a holding company discount.

So Bank Islam listed, it's price naik because of better value & so BIMB also naik juga...hee, hee,hee

So buy buy more BIMB shares today lah.

...or is it this?

BIMB have been discussing the pros and cons of such a move. They may want to simplify the BIMB group structure, one source says.


Kuala Lumpur: Bank Islam Malaysia Bhd, the country’s oldest Islamic lender, may assume the listing status of its parent company BIMB Holdings Bhd, sources said.

BIMB owns 51 per cent of Bank Islam, from which it derives the bulk of its earnings. “BIMB have been discussing the pros and cons of such a move. They may want to simplify the BIMB group structure,” one of the sources told Business Times.

Bank Islam accounts for some 85 per cent of BIMB’s profit before zakat and taxation (PBZT). The rest of the BIMB group’s earnings comes mainly from a listed Islamic insurance firm, Syarikat Takaful Malaysia Bhd (STMB), in which BIMB owns a 65.2 per cent stake.

A banking analyst from a local brokerage said it would make sense for Bank Islam to be the listed entity as investors tend to buy into BIMB for exposure to the fast-growing Islamic
banking operations.


“Having Bank Islam at the top helps matters because it stems the leakage to minority interests that happens now at the BIMB level and also gives investors direct exposure to the banking
operations rather than through the holding company,” said the analyst.

The change in structure would also improve valuations, he said, pointing out that currently there was a tendency to attach a holding company discount.

Bank Islam managing director Datuk Seri Zukri Samat, when asked about the matter in a recent interview, said: “It’s an idea the shareholders may want to consider seriously as the direct
listing will give the bank flexibility in raising capital for its future expansion.”

BIMB could not immediately be reached for comment. BIMB, listed on the Main Market in 1997, is controlled by the pilgrims fund Lembaga Tabung Haji, which also holds an 18.5 per cent stake in
Bank Islam.

Still, it remains to be seen how another major shareholder of Bank Islam, Dubai Group LLC, would feel about the bank being listed.

Dubai Group, which bought a 40 per cent stake in the bank from BIMB in 2006 for RM828 million, or RM1.20 a share, has since diluted its stake to 30.5 per cent after it did not take up its
portion of new preference shares in the bank’s last cash-raising exercise.

Its stake would be further diluted if the bank were to be listed. On the other hand, a listing could provide an exit opportunity for the group, should it want to realise its investment.

Bank Islam, which accounted for RM342 million of BIMB’s PBZT of RM399.8 million for the nine months to September 30 last year, is keen to expand into Indonesia and Bangladesh.

BIMB shares, which have gained 5.4 per cent this year, beating the benchmark FBM KLCI’s 1.9 per cent gain, last closed at RM2.14

Brother Alan Lim, is it this you are talking about?


BANK Islam Malaysia Bhd is working towards its third initial public offering (IPO), in line with its efforts to increase its non-fund based income.

Managing director Datuk Seri Zukri Samat said the bank completed the listing of two companies on Bursa Malaysia earlier this year and is working hard in getting more mandates to increase its non-fund based income.

"We have submitted the application for the third IPO candidate and are waiting for approvals," he said.

He said Bank Islam is the only commercial bank approved by the Securities Commission (SC) to act as principal adviser to undertake corporate finance work such as IPOs and advisory services for mergers and acquisitions.

"This is our niche and it gives us a competitive edge in an industry where competition is getting stiffer, with 17 domestic and foreign Islamic banks in the country," he said in an interview.

As at December 31 2010, Bank Islam was ranked No. 3 in terms of asset, with a 11.4 per cent market share, behind Maybank Islamic and CIMB Islamic.

In terms of deposits, the bank maintained its No. 2 position, with a 12.3 per cent market share.

Zukri said Bank Islam is very much a retail bank as 74 per cent of its assets are consumer-based.

"Our competitors are not only Islamic banks, but also conventional banks," he said.

Apart from capitalising on the competitive advantage as the only Islamic bank on the SC's approved advisers' list, Bank Islam is also leveraging on its strong branding.

"The Bank Islam brandname is very strong, especially in the east coast (of Malaysia). It's an open secret that whenever we open a branch in the east coast, the break-even period is shorter than usual," Zukri said.

He said innovation is another key factor that has helped Bank Islam stay ahead of the competitive curve and it has scored many firsts in terms of product innovations.

Its "Transact on Palm" mobile banking service, said to be Malaysia's first mobile banking service that does not require Internet access, has recorded close to 160,000 subscribers since it was launched about a year ago.

The bank plans to roll out a few more products next year.

"According to a study undertaken by an independent party, a customer who has more than three products with a particular bank, would likely stay with the bank.

"We are working hard to cross-sell our products to our existing customers and ensure that they will have more than one Bank Islam's products," he said.

By end-December, Bank Islam will operate 122 branches, with the newest branch in Pasir Tumbuh, Kelantan, and Ara Damansara, Selangor.

"The bank will open 28 more branches over the next three years. By 2014, we target to have 150 branches. By then, we will be operating at our optimum size," he said. Bernama

Can you brother Alan Lim provide more details of what Nanayang says please or please give me the link & I may translate it for the non Chinese members or those Chinese who cannot tread the Chinese language, that is Mandarin. I am no expert in translation but maybe I will try best.

So we wait until this Wednesday for further details...so fingers crossed please & hope for BIMB share price to cheong, hee, hee, hee

Brother Alan Lim, if this is already announced that Bank Islam will be listed, we as the shareholders may get Bank Islam shares too, maybe the special pink form for the IPO, hee,hee, hee

Yes, maybe Bank Islam will enlarge its shares & be listed as a bigger company..that means more Bank Islam shares to be issued & that's why an IPO and we the shareholders may get Bank Islam share....just my thought only.

So my friends, please be the least worried. I may in fact buy more BIMB today itself. Maybe they will list Bank Islam itself and we may get some Bank Islam shares too together with our present BIMB shares, or if BIMB Securities go for listing we may get BIMB Securities shares too, hee, hee, hee

Take Berjaya for example as a holding company and all it's subsidiaries are listed as a different companies like Berjaya Land, Berjaya Food, Berjaya Toto, etc....same thing may go for BIMB too. Genting too also like this.

Cheers.

BIMB may be restructured into different entities...example Bank Islam to be listed as a different entity. BIMB now holds more than 50% of Bank Islam, more than 65% of Takaful Insurance, 100% of BIMB Securities [stockbroking] & others like leasing, venture capital, etc, etc.

So now BIMB may want to list Bank Islam as 1 listed company by itself without the Takaful Insurance which some investors may not be in interested...the idea is to attract more investors for Bank Islam & that is good for BIMB. As it is Takaful Insurance is listed differently but not Bank Islam...so BIMB may want to list Bank Islam as a different listed company. Or BIMB may want to list BIMB Securities by itself too. So what is the restructuring exercise about....the full details will be know by this Wednesday.

Normally restructuring is good for a listed company.

Correct me if I am wrong please.

Restructuring exercise at Bank Islam?

There are developments brewing in Malaysia's oldest Islamic bank, Bank Islam Malaysia Bhd, and details would likely be
revealed in its parent company BIMB Holdings Bhd's analyst briefing next Wednesday.

In recent news, it was reported that Bank Islam intended to assume the listing of its parent company BIMB Holdings Bhd. Relating to this, a banking analyst said the objective was not clear yet but the bank was reported to be looking for direct exposure to investors.

She added that more information could be expected come the analyst briefing but until then, it was premature to talk about the prospects for both Bank Islam and its parent company. On whether such listing would bode well for the bank, she said it would depend on if investors wanted an investment without the exposure to an insurance company.

“If investors do not want exposure to an insurance company under the parent company then they would definitely choose to buy into a pure bank,” she said.

Another analyst said a big restructuring exercise was likely and that BIMB would not discount the fact that Bank Islam made a chunky contribution to BIMB's profit before zakat and taxation at 85%.

A number of research houses are maintaining their bullish views on the banking sector despite the fact that loans growth may slow down due to the implemention of the responsible lending guidelines.

Maintaining his “overweight” stance on the sector, Alliance Research analyst Cheah King Yoong said he was convinced that the underlying fundamentals of the domestic banking sector remained solid.

“We expect the near term earnings prospect of the major domestic banks to stay robust. In fact, we believe that the consensus earnings for banks in 2012 have been largely conservative,” Cheah said in his report on Thursday.

However, there is some concern in the latest lending indicators that loan applications, loan approvals and loan disbursement activities had began the year on a slow note.

Brother spinninglotus, what you said are all correct & straight to the point. I am confident that there will be more upward swing this week. Are we to see ECM goes up to $1.30++

Yes, brother aunloke, there's more to come.Perhaps this time it will move up to $1.40++?

Yes, brother spinninglotus, we will see more upwards swing, that's for sure.

Yes, brother Adam Ryan, this is a solid good counter to buy for further upswing.