holding for long term

under the soa, shareholders approval includes giving the mandate for mgmt..

cammon!! lets unite and vote against, they will not cancel the plan after years of planning. the ceo has been talking about the plan a lot, they are very serious.

they r going to save a lot even if they have to buy back the WA at 50-60 sen, im sure they are willing to pay. if they put at 50 sen, u will ask for more. u dont askhigher, they save more!! BIMB mgmt is mandated to make it happen which include paying the demand price, but of course the price must be reasonable.

1 more thing, they will loose the fees paid to IB if they cancel this..

20- 30% higher from the last 5 days vwap price is somthg more reasonable for me personally. bimb has gained rm1.5billion capital from that right exercise 10years ago, where the warrant cost the investor around RM1. why 50-60 sen is not fair price for them to buyback?

bimb is saying this is opportunity for warrant holder to realize their invesment. this is half true.

bimb has been continously making profit evry year, their book value increase evry year, loan asset growth above industry average evey year. the warrant period is for 10y, and due to the business has been consistently goo, chances the mother share value to increase every year become higher over the time. How can they told us that this is the best opportunity to realize our investment? this year, bank valuation is on the low side as opr rate is at the lowest and the uncertainties about economy. but bank islam has shown its resilient business model, profit just drop a little while provision remain ok.

as warrant investor, i am firmly believe the mother share can break rm5 once opr rate increase.
IMPORTANTLY; the warrant historical price is not relevant to its potential price in the next 2 years!!

they must buy from us at premium, not the actual vwap.

no 2nd vote/ room for negotiation at the CCM meeting?
i believe the warrnt buyback price will be asked in the EGM which be held earlier on that 31st march.

if there is no room to nego, we can just pray hard TH as the majority warrant holder also want more than 38sen. 52 sen would be reasonable price for me lol

if the fxg will be in march; current price is not relevant at all. of course the price will not shoot up this month..

im happier if the price drop further this week

i can see some traders may prefer to play other counters while waiting for march to come; which is why the volume still huge for the past few days..when price moving up but vol trade drop, that where u can start smell the $$$

we need to push the price up, evryone pls
just hold ur position. if price fxg date end tomrrw; 5day vwap will be >36sen. why sell now?we are at almost risk free position with unlimited upside

LSS4 winner going to benefit a lot with ringgit strenghtening as the capex is mostly in usd; the margin must be on the high side of their projection

now which is the best?

i. buy warrant at 23.5/ 24 sen—> get 8-10% return
or

ii. buy mother share at 4.3-4.4? —>get free stmb share later?