http://www.bbc.com/news/business-30491801
Price of Brent below $60

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1823525
Mercury Pacific Marine selling more shares..

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1824709
Tabung Haji buys more BIMB shares

Oil plunges 3 percent to new five-year lows after bearish IEA outlook.
Oil prices will drop further?

Oil plunges 3 percent to new five-year lows after bearish IEA outlook
Oil prices will drop further again

Oil plunges 3 percent to new five-year lows after bearish IEA outlook
Oil will drop again

I think the extra shares comes from the rights issue cause a heavy dilution in the eps calculation.

correction ..quarterly results at eps 3.37 sen...cumulative eps at 23 sen

john_revolver 13.54 26 feb 2014..you are right... quarterly results really depressing at 23 sen

correction P/E 14 x EPS 23 sen=RM3.22?

latest quarterly eps 3.37 sen.this means cumulative yearly eps is 23 sen.a drop from previous quarterly eps of 28sen.assume pe ratio for bimb 14x(quite high-cimb only 11x).this mean present price should be 14x23 sen=RM3.32??kindly advise me.

check bursa records,EPF/KWSP HAVE BEEN SELLING BIMB SHARES...

NOTE PAGE 34/50 OF RHB REPORT 7/1/2014,RHB TARGET PRICE RM4.90 COMES WITH IMPLIED PER OF 17.4X.IT IS BIT TOO HIGH.IF THEY USE THEIR FY14F EPS 29.2 SEN,AT PER13=RM3.79,PER14=RM4.08,PER15=RM4.38..AT PER 17X,RM4.90 TARGET PRICE I THINK IT A BIT TOO HIGH..

WILL THIS BE LIKE TAKAFUL MSIA ?SHOOT UP TO RM12 FROM RM5 WITHIN ONE YEAR?

i think 1 st support level is at rm4.25-rights issue price.after that assuming EPS of 26.8 senx av. bank per of 13x=rm3.48?

all these projections...assuming ceteris paribus...world stock markets still
ok?

TAKAFUL MALAYSIA CU EPS AS AT SEPT 2013 IS 79 SEN(VERY HIGH,CIMB ONLY 59 SEN) CU P/E RATIO IS 16

i just wonder will bimb bhd share price MOVE like its subsidiary TAKAFUL MALAYSIA?...it goes from RM5.28 TO RM 10.30 within ONE year.

I see...thanks for the explanation..i was taking the figures BEFORE the rights issue with warrants..yours appears more sensible..

as of yesterday,cu pe ratio of AFFIN-10,AFG-13,AMBANK-13,CIMB-13,HLBANK-14,HLFG-15,PBBANK-17,RHBCAP-11 BUT BIMB IS AT 25x.

according to equitiestracker,bimb cu pe is 25,since cu eps at 30 sep 2013 is at 17.23 sen..you are confident it can hit more than eps above 30 sen at 31dec2013 and beyond?.bimb have the highest pe ratio compare with other msian banks.why?

dear tkteoh80..what about using black scholes model to calculate bimb wa?

thanks tkteoh80....will look through it thoroughly..

tkteoh80..when did Maybank revise target prise to RM5.30 from RM4.80?

icon8888..you are right..their sat 21 dec 2013 business news shows bimb is going to issue rights issues etc one more time ..

9.01am today..249000 bimb-wa sell at 80 sen..margin call?

tkteoh80..by then the bimb-wa price will be..?

yes..i agree with you..a black japanese candlestick will be seen today..

now already 80 sen..looks like it is going to drop further..

i think price will drop further...13 dec..107 mil.16 103million..17dec...61million..18dec..36 million..t+3 days up!!now half day only 7 million done..how to dispose those shares few days back?

check out all the glc shareholders..they were entitle to many warrants..re:in bimb case..2 rights with 2 free warrants for 5 shares...they cannot keep warrants in their portfolio..take time to sell out these warrants..price will fall further..these are facts..check out annual reports of mahsing,wct,ytl power,hartalega etc..very few glc holding warrants.

since some funds cannot keep these bimb-wa in their portfolio..i think they have not dispose enough yet..price will come down again

now at 85 sen..

malaysian warrants do not out dividends..

LTH-I think Lembaga Tabung Haji..major shareholder of BIMB Holdings

high volume of 100million for 2 days..i think so....and rm0.87 plus rm4.72(ex.price)=rm5.57 that is after less mother share rm4.33=rm1.24 premium...i think the bimb-wa is too pricey..

84sen now..sellers>buyers

100 million shares must be done..with 51 million shares done now...how is the 49 million shares going to be taken up..so prices will fall..

now at 87 sen,overall turnover 50 millong shares compare with >100 million yeaterday..looks like distribution of shares..sellers>buyers..prices likely to fall soon..

at 84-85 sen,appears to be stuck!volume too high..distribution?