agreed with kfbusjd..karim is in trouble and sad. With biggest % shares, he should doubly make sure 200% that his companies are run without this problem. now it is hard to repair them

Covid19 cases spike have no influence on Supermax share price. better cut loss. As for@ABC118 careful with your wish... Covid could come to you or your love ones even with 2 doses of vaccination

Can the investors apply the reinvestment plan if the dividend is enough to purchase 14units ( RM 32.70/2.26 = 14. 4 (your total shares ended up in odd lot ie 1014units.thanks in advance

Any sifu can help to estimate solar revenue ? 10 MW per hr @ RM0.3486 per KW/hr = RM 31 Million ?

When will mgmt announce the quarter result?

Hi Sir, you mention example of arbitrage in bimb-wa. Any opinion with regards to closing price 31.5 and possibility to buy now? Thanks in advance

Correct: a smart
Not correct: an smart grammar mistake

Ularsawa...you sound like an smart and intelligent person. You read and ask questions to understand the real situation. And subsequently give your opinions . And act on that opinion ie buy. Unlike other people.....negative and change positive view in 9 minutes apart. Imagine asking one wife to remove all her clothes for xes, and ask to put on back 9 mins later ie change mind, one is in for divorce .haha
.

Ularsawa...not too fast to take profit. We need your support badly here to give your intelligent opinion to address the opposition /undecided camp. SC approval and Bursa approvall are forthcoming in due time ( submitted applications on 5 Feb and 11 Feb respectively ) thanks for your factual opinions.also thanks to Jolin

After several challenge put forth by MalaysianIB_hongkong to Sharks/Syndicate to modify the modus of operandi to be at least on par with their counterpart/syndicate in Hong Kong ie lame old strategy by queueing big selling Volume and waiting for the panic warrantholders to sell their units with domino effects (selling invites more selling and it is vicious cycle), I observed that:
1. this morning, Sharks/Syndicates carried out actual selling to lure sellers with the hope that the selling pressure intensified from panic holders.Unfortunately, the selling units end up in the hand of auditor team and well absorbed by the market. The team really knows how to mop up the flood of selling shares at 37.5 sen
2. This action mops up further free float shares ( 10% + 62% from 30 largest shareholders ) Jolin, i know you have 0.3% = 1.2 M , did I miss any other gentleman/cute ladies here with big volume in their acc. You ALL big and small holders deserve a pat on shoulder and congratulation!.

I can’t imagine when the sharks report to their superior. It would be hair dryer treatment and .......(fill in the blank with your own word that describes pains) Another round of game ? Chess for the IQ, or Tic-Tac-Too for those not so clever? Auditor team, kindly consider to treat syndicate with a good meal after the redemption as a result of the hallo ballo/pains you caused. Curious how they defend the price although syndicates have been operating since 1993? I think they are group of people with Chartered Accountant, Lawyer, Businessman, Value Investment Master, and Bankers. They want to share the cakes from Arbitrage. The individuals in the 30 largest warrantholders list are probably collecting too to maximize the redemption via bringing up the VWAP ( There will NOT be another BIMB re-organization after this . Alliance bank and RHB bank had completed their re-organization ). My two sen opinion

After several challenge put forth by MalaysianIB_hongkong to Sharks/Syndicate to modify the modus of operandi to be at least on par with their counterpart/syndicate in Hong Kong ie lame old strategy by queueing big selling Volume and waiting for the panic warrantholders to sell their units with domino effects (selling invites more selling and it is vicious cycle), I observed that:
1. this morning, Sharks/Syndicates carried out actual selling to lure sellers with the hope that the selling pressure intensified from panic holders.Unfortunately, the selling units end up in the hand of auditor team and well absorbed by the market. The team really knows how to mop up the flood of selling shares at 37.5 sen
2. This action mops up further free float shares ( 10% + 62% from 30 largest shareholders ) Jolin, i know you have 0.3% = 1.2 M , did I miss any other gentleman/cute ladies here with big volume in their acc. You ALL big and small holders deserve a pat on shoulder and congratulation!.

I can’t imagine when the sharks report to their superior. It would be hair dryer treatment and .......(fill in the blank with your own word that describes pains) Another round of game ? Chess for the IQ, or Tic-Tac-Too for those not so clever? Auditor team, kindly consider to treat syndicate with a good meal after the redemption as a result of the hallo ballo/pains you caused. Curious how they defend the price although syndicates have been operating since 1993? I think they are group of people with Chartered Accountant, Lawyer, Businessman, Value Investment Master, and Bankers. They want to share the cakes from Arbitrage. The individuals in the 30 largest warrantholders list are probably collecting too to maximize the redemption via bringing up the VWAP ( There will NOT be another BIMB re-organization after this . Alliance bank and RHB bank had completed their re-organization ). My two sen opinion

@KLLee_0110. Kindly do not confuse other investors and newbie with your word wd . Bursa assigns warrant with WA ie Bimb-wa to indicate warrant issued by the Company itself in this case BImb Holding. If the warrants are issued by other approved funds house ie Macquarie, RHB, CIMB etc, Bursa will assign with C.etc ( example call warrant supermx C96 and H for Put option ) which has 6 month expiry time ie short duration. Your repeated use of wd is incorrect and misleading others. Kindly use Bimb-wa. And wa is shariah compliance if the mother shares are shariah compliance whereas call warrant with C is not shariah whether the mother shares is shariah compliance or not. For your info, Bimb-wa have got listed in Bursa since Dec 2013 with expiry date on Dec 2023. It is this 2 yrs 9 month of TIME VALUE that Bimb mgmt are generously making offer to warrantholders via the price of 5 days VWAP in lieu of their right to conversion to mother shares and termination of the DEED poll lodge/registered at Kuala Lumpur High Court. The Mgmt knows BIMB would achieved full maturity in 2023 and ready to take the bigger slice of Islamic banking . ( Nowadays Islamic loan is attractive as much as conventional loan. SUKUK or Islamic bond vs conventional bond?? ) My two sen opinion

I think buying lambo will take you to Holland shortist please do your part at lambo

I refer to earlier message. kindly take note as follow:
Correct: KPDNKK
Not correct: KPKDN
KPDNKK acronym refer to :
Kementrian Perdagangan Dalam Negeri, Koperasi dan Kepenggunaan
Menara MRCB , Tingkap 17, Jalan Majlis , Seksyen 14, 40622 Shah Alam.

If any I3 forumer wish to lodge Report, they can lodge Report to this Ministry since their office is at Setia Setia, Petaling Jaya.
My advise to all staff Nanyang . Please bring home your personal belonging because if Ministry act on the report, the premis would be lock down ( and your tooth brush and sanitary pads cannot be retrieved.) My two sen opinion

Why Sharks resort to e nanyang paper and dirty tactics to get hold of more bimb-wa? Cannot win with fair game? Remembers Nanyang ( Ming Poa ) was once suspended its publication as result of prophet Muhammad caricature. Not afraid if we lodged to KPKDN to withdraw their licence permanently if what their publish is slander to Bimb reorganisation exercise. Also, their slander are hitting the most critical issue with BNM and MoFinance intention to avoid takeover on Bimb and Takaful. This is probably the last nail to enanyang coffin.

cut lost at 10 percent so that capital is preserved for another investment

Let me try to answer .the cake is too big for one individual to eat by himself . So auditorandconsultant shares with other investors. You decide how much profit you want by buying and holding until the fixing date which is YET to be announced. Bimb will buy your warrant based on 5 VWAP before fixing date. As of today the VWAP is 38 sen and would increase if price keep increasing on next week.

Buy and hold . Application to SC and Bursa have been submitted and the approvals are forthcoming in due time. And court convene meeting for All warrantholders to discuss reasonable proposal for redemption in lieu of:
1) cancellation to their right to convert warrant to shares up to Dec 2023
2) cancellation of the warrant and delist warrant from Bursa
3) cancellation of DEED POLL lodged at High Court on Dec 2013 ( expiry on Dec 2023)
All the cancellation above are not like we cancel roti canai at mamak stall. It has to go through Kuala Lumpur High Court because holders are retail, foreign and local investors. Foreigners are aggressive ie Blackrock opposed re-appointment of Topglove's directors even when Topglove reported 2.3 Billion net profit for last quarter!

You might ask...Citigroup is a conventional bank with revenue comes from riba/interest which easily fall into non shariah. The Arabs have a way to explain ....that their big Sheikh/scholars opined that at least one Muslim must participate/own business in this banking to show the world that Muslim are not fallen significantly behind in western banking industry. If not, all Muslim in this world will be "creditted " with sin and the Arab prince who are filthy rich and back by kingdom of Saudi proceeded acquiring percentage in Citigroup. My two sen opinion and sorry if it sounds racial.

I am in the market since 1993 and NEVER see such an Arbitrage that is very good. I missed MAS-PA selling at 63 sen ( and redemption at RM 1.00 in three years time) and thought it was the best Arbitrage I missed ( the risk then MAS was heading into bankruptcy. But PA holders, get first priority to get their money back if liquidation occurs) .
This Bimb-wa is much better since Bimb is profitable and healthy. Bimb mgmt knows it is pain taking reorganisation exercise but they have no other option to prevent the BImb bank and Takaful ( STMKB ) from hostile takeover ( If any foreigner launches takeover esp. Arab prince they will get Bimb bank and STMKB at one shot . Remember Citigroup US owns by an Arab prince. And bimb is not the first bank doing this reorganisation. They follow Alliance bank ( previously listed as a holding Company ) and RHB ( also previously listed as holding company )

Buy and hold....why incur brokerage fee,stamp duty and clearing fee when execute selling/contra? The broking house( Authorized DepositoryAgent) is making money when you contra. I remembered TA securities chartered a plane to Australia for the Company trip as a result of lucrative fee earned during 1993 bull run, And their staff received 18 month bonus. Why not keep the money for yourself? My 2 sen

I am withdrawing my ASB to TOP UP. One thing that I regret...My EPF money is only due for withdrawal in Aug 21. Everything is in for bimb-wa except my kidney which is NEVER for sale hahaha my 2 sen

Sc approval and Bursa approval will be secured as per schedule. Why....their board of directors and chairman are appointed by BNM and Ministry of Finance. Easy explanation here

Congratulation youngman auditorandconsultant
Your team focus on BUYING and Buying and Buying bimb-wa even at last session before CNY really amazed me. Others investors should follow buy and hold till completion of the reorganisation exercise and the cake /$$$$ is big enough for everyone. Not just a big cake, the cake is upgraded ( 26 sen on 29 Jan and now 38 sen and sky is the limit at the fixing day) Again congratulation and keep the excellent work

I guess you are a young (gentle)man.. maybe I am wrong

Correction:as at today, LTabung Haji own 53.8 % in BHB Holding. BHB Holding own 100% Bank Islam and 59.5 % Takaful (STakafulMKB)

VWAP = 38 sen BIMB will buy at least 38 sen to warrantholders to proceed with their reorganisation exercise. If at the fixing day the 5 days VWAP happen to be 0.70 sen , that is the price (70 sen) to be paid to warrantholders. The date is not fixed yet and further increasing in price will result higher VWAP price (and higher redemption price.)
With regards to approvals, Bank Negara letter dated 8 Dec 20 and ministry of finance has given their approval ( refer Bimb announcement on 10 Dec 2020 )while SC approval (with regards to brokerage licence to Bimb securities to be transferred to the new successful buyer's entity and MandatoryTakeoverOffer (MTO) exemption for remaining shares in the likely event LTabung Haji get a slice of the proposed placement RM800 Million worth of shares and exceed 33% in bank Islam ( now at 48.5%) and Takaful ( now at 28.8%) buying 100 unit in bank Islam equal to MTO but for Takaful shares, max addition is 4.2 %. Bursa application which was submitted on 11 Feb 21 and it's approval entails listing of the RM 800 million worth of placement shares and listing total consolidated bank Islam shares. Professional bankers don't expect "violent" resistance from SC and Bursa since BNM and MoF are more concern on potential hostile takeover of BIMB holding ( successful takeover means bank Islam and Takaful fall to foreigner maybe Arab prince who has % in Citibank US )
As for bimb-wa, the focus is on further increasing the VWAP while the date is not fixed yet probably because there are foreign warrantholders and foreigners are usually firm and aggressive.( Blackrock opposed the appointment of Topglove Board of Directors without consideration to RM 2.376 Billion net profit) My 2 sen opinion and sorry too lengthy

VWAP now stand at 38 sen. No wonder my queue buy at 37 sen ( and later modify to 38 sen ) did not match. On Monday will revise up queue buy price before it flies higher

Today buy queue at 37 sen did not match. Will try.harder next time

wow ...9.04 % collected by this gentleman team. Waiting anxiously the new figure(the team purchases vs total 16,804,100 units transacted this afternoon) Plus THaji + ASB and other 28 largest warrantholders = maybe more than 75%. Congratulation gentleman

adui...beli 0.15 skrg 0.14 tangan bakar ma...Cut loss

if qtr result is BAD/below expectation, it is best to avoid the shares. There are 1000+ shares which you can buy

@career typo

If there were old news or old/supercede announcements, kindly don't publish here. I bet it iff you use old/supercede materials while working on your office assignments, your boss will fcuk you right and left and ridicule you and your whole carrier(( promotion to this guy...not too fast since this dude is .... ( fil in your own bad words here)... the BOD has other better candidate)) . I am talking based on total 25 years working experience in MNC and GLIC and working in the US. My advise never ever use old/supercede materials/news/announcements in everything you do. Thrash them and move on. My two sen opinion

ASB return 3.5 + 0.75 = 4.25% with low risk investment, Arbitrage return better. You don't need to graduate from a university to understand Arbitrage/invest in BIMBwa is better.

I am withdrawing my ASB to get involved in this Arbitrage. Hopefully to be in the 30 largest warrant holders hahaha

@auditorandconsultant I have replied your message via Imessenger. What would be strategy for tomorrow? What about % held by your group? Thanks in advance

RON 007 = husni007 are you the same gentleman? Otherwise, I look a fool answering to a gentleman whose name is husni007

@husni007 The fixing date is at the sole discretion of Chairman and Board of Directors BIMB.( They keep this date as closest to their chests and no body knows about it or if you know them, by chance you cannot legally buy any warrant as it is considered insider trading) The pick a date and 5 days VWAP prior to the fixing date. Please refer to Insas since they have completed this more or less same exercise on Jan 21. ( they picked VWAP for 31 dec, 2,3,4,5 Jan and calculate average for these 5 VWAP and declared to Bursa its warrant exercise price.

@auditorandconsultant...I have sent a message via I3 messenger. Would appreciate it if click on the bubble to retrive the message. Thanks in advance

BIMB will have to make an announcement at Bursa website on the "fixing date". As at this time, no announcement yet

@auditorandconsultant ..i sought your clarification when you had written " leave if you are in fear "
and you confirmed to switch off the laptop and let the price fly higher/ (or at least stabilize). It was a good advice for those newbies like me. Thanks for the advice

DeepvalueInvestor, Thanks for the excel file

auditorandconsultant Can the warrantholders write to Minority Shareholder Watchdog Group if we are treated unfairly with regards to redemption?

What Mr Enilec Mak and auditorandconsultant said about the 70k units queing to sell at 9.49am this morning as fake is true. They are now dissappeared and not queing anymore. Good observation...Come back here always and give us your opinion to help newbies

auditorandconsultant Can we make a concusion that the sharks has completed their illusion and market absorbed well their trick today?

auditorandconsultant the quantity held by no 30 based on 2019 annual report was 1,393,000 units by a gentleman which goes by SMK. Anybody here overtook did gentleman?

auditorandconsultant You said if feeling fears, we should leave . Do you mean the investors should off the computer and let BIMBwa fly higher?

are you ready to push up the price so that VWAP will continue rising and benefits us/investors? auditorandconsultant comments make sense.

auditorandconsultant...appreciate your effort. Kindly continue with your analysis and do publish to retail ppl like me. God bless you

@DeepValueInvestor You intend to sell ALL units? how about if it spike up later ( or few days later
or before Court meeting) Vol on 2 feb 107M well absorbed by market. Vol on 3 Feb 47M absorbed too.

Any body here works as Company Secretaries for listed Company?