Posted by TheContrarian > 2024-02-17 04:18 | Report Abuse

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

Posted by TheContrarian > 2024-02-23 11:13 | Report Abuse

Finally moving again.

Posted by TheContrarian > 2024-02-26 10:06 | Report Abuse

2.50

Posted by rlch > 2024-02-26 11:02 | Report Abuse

RM 2.6 if follow Affin can reach?

Posted by potenza10 > 2024-02-26 15:22 | Report Abuse

just sold off yesterday at 2.41...sighhhhhh

Posted by Yippy68 > 2024-02-27 02:08 | Report Abuse

Do you guys think MBSB got good future as soon as it turn to another Islamic Bank and listed in BURSA. My cost is less than 60 cents after receiving 8.5 sen dividend I hold big quantity especially last year after my big sweep in Bplant. Likely @Contrarian can contribute your good knowledge in Banking stock.

Posted by Yippy68 > 2024-02-27 02:21 | Report Abuse

I made some profit after i bought Affin at 2,20 and sold at 2,65 around 30K, Thank @Contrarian for all you good sharing.

Posted by TheContrarian > 2024-02-27 02:24 | Report Abuse

@Yippy68, EPS is more relevant than high DPS because high DPS isn't sustainable if EPS drops. MBSB doesn't appear to have the all round strength of other banks. Just rebranding itself as an Islamic bank doesn't transform it overnight to rival Bank Islam which is long established.

Posted by Yippy68 > 2024-02-27 02:31 | Report Abuse

Thank you and noted.

Posted by TheContrarian > 2024-02-27 02:34 | Report Abuse

@Yippy68, I feel you are too heavily concentrated in MBSB. Your recent venturing into Affin has brought you financial rewards. Affin share price ran ahead because it is more superior to MBSB. Similarly, Bank Islam share price has also recently run ahead.

Posted by newbie5354_ > 2024-02-27 07:12 | Report Abuse

TheContrarian banking sifu? Which bank(or bank like) counters yet to move? Insas can move like Affin or BIMB?

Posted by TheContrarian > 2024-02-27 10:23 | Report Abuse

I already sold 97% of my Insas last month when it moved from below 90 sen to above RM1.30. Only bank I like now is BIMB.

Posted by TheContrarian > 2024-02-28 11:57 | Report Abuse

2.50 broken through.

Posted by smartly > 2024-02-28 12:06 | Report Abuse

if closing can stay above 2.50 then nice....

Posted by TheContrarian > 2024-02-28 15:20 | Report Abuse

Lately EPF has turned sellers, so who is buying aggressively?

Posted by TheContrarian > 2024-02-28 17:47 | Report Abuse

QR out, declared second interim dividend of 4.22 sen.

Posted by TheContrarian > 2024-02-28 18:08 | Report Abuse

I am rather surprised the forum here is very quiet.

Posted by 5354_ > 2024-02-28 21:26 | Report Abuse

Like Affin should be foreign funds.

Posted by TheContrarian > 6 hours ago | Report Abuse

Lately EPF has turned sellers, so who is buying aggressively?

Posted by 5354_ > 2024-02-28 21:29 | Report Abuse

Maybe those posted earlier have sold.

Posted by TheContrarian > 3 hours ago | Report Abuse

I am rather surprised the forum here is very quiet.

Posted by 5354_ > 2024-02-29 09:31 | Report Abuse

After QR EPF U-turn buy back? 16.81 sen total BIMB dividend DY 6.70%(RM 2.51) is better than EPF 2022 & 2023 dividend?

Posted by TheContrarian > 2024-02-29 09:34 | Report Abuse

We wait and see if there's notification from EPF.

Posted by TheContrarian > 2024-03-01 09:17 | Report Abuse

Go, go, go BIMB.

Posted by TheContrarian > 2024-03-01 18:34 | Report Abuse

EPF has been selling but someone else is buying aggressively.

Posted by Mabel > 2024-03-02 00:11 | Report Abuse

Haha no worries...

This counter no need to monitor so much...so steady mah...

Dividend investing is like planting a tree...

The earlier you start, the bigger your tree is going to grow.

And before you know it, you will be resting in the shade of your own financial forest, enjoying the fruits of your labor, year after year...

Why?

Because dividends... GROW.

And that's how some Dividend Machines reached their milestones in dividends.

For the past 10 years...

DBS (Bank) increased their dividends by 158%
Wilmar (Plantation) increased their dividends by 112%
So if you think $5,000 in annual dividends today is too little...

Your $5,000 'passive' income just became:

$12,900 if you invested in DBS
$10,600 if you invested in Wilmar
All you did is buying the right dividend stocks...

...And wait

Get paid in year 1...

...And wait

Get paid more in year 2...

...And wait

Get paid even more in year 3...

https://www.youtube.com/watch?v=-0kcet4aPpQ

Posted by TheContrarian > 2024-03-04 12:29 | Report Abuse

Wow, 2.59.

Posted by speakup > 2024-03-04 16:24 | Report Abuse

Go go go Genting

Posted by speakup > 2024-03-04 16:24 | Report Abuse

Oops wrong forum

Posted by TheContrarian > 2024-03-04 19:07 | Report Abuse

EPF buying back BIMB.

Posted by DividendGuy67 > 2024-03-05 22:41 | Report Abuse

Fuiyoh ... biggest gain in my portfolio today. Feeling blessed and thankful ...

Posted by DividendGuy67 > 2024-03-05 22:49 | Report Abuse

Managed to trim a little bit, but still my Top 15% holdings by market value. Dividend yield on cost is 8.3%. Can hold for a long time if not look at markets and just collect dividends. Of course, sitting on winners and do nothing is often the right strategy unless it is a bear market or clearly sideways market.

Posted by TheContrarian > 2024-03-06 22:34 | Report Abuse

1 week ago



rlch

RM 2.6 if follow Affin can reach?

@rlch , already reached 2.60 and is now higher than Affin. Thank you for your recommendation.

Posted by Mabel > 2024-03-09 14:31 | Report Abuse

BIMB
Share Price 7 Day 1 Year
2.57 1.6% 16.3%

Upcoming dividend of RM0.042 per share

Eligible shareholders must have bought the stock before 15 March 2024.
Payment date: 05 April 2024.

Payout ratio is a comfortable 68% but the company is paying out more than the cash it is generating.

Trailing yield: 6.5%.

Within top quartile of Malaysian dividend payers (4.7%).
Higher than average of industry peers (5.3%).

Posted by 5354_ > 2024-03-11 09:45 | Report Abuse

DY 6.6% who sell? I buy more because 1% more than EPF just declared dividend.

Posted by 5354_ > 2024-03-11 11:18 | Report Abuse

024-03-04

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 1,483,900 shares on 28-Feb-2024.

Posted by TheContrarian > 2024-03-12 16:16 | Report Abuse

Sold half at 2.58 this morning.

Posted by KJTAN7 > 2024-03-12 16:18 | Report Abuse

Build my portfolio on May 2023. My target is accumulate more share on this stock

Posted by troy88 > 2024-03-13 10:01 | Report Abuse

Solid!

Posted by TheContrarian > 2024-03-13 11:16 | Report Abuse

Sold balance at 2.61. Approximately 15% gain within 5 weeks.

Posted by mryong > 2024-03-14 16:52 | Report Abuse

islamic bank growth

Posted by 5354_ > 2024-03-15 09:57 | Report Abuse

Axiata loss RM 2.457 billion RM 2.8 can why BIMB RM 553 mil profit cannot?

Posted by speakup > 2024-03-17 16:49 | Report Abuse

https://themalaysianreserve.com/2024/03/16/pm-anwar-political-stability-transparent-policies-attract-foreign-investors/

Shame on u PMX! When PN was in power last time , u tried to topple PN through defection. Now u tell PN not to topple u for the sake of foreign investors

Posted by JT1601 > 2 months ago | Report Abuse

When will it drop back to RM2.4. Want top up...

Posted by speakup > 2 months ago | Report Abuse

Lu pandai main reverse psychologi ni

Posted by Mabel > 2 months ago | Report Abuse

BIMB Full year 2023 earnings: EPS and revenues exceed analyst expectations

Full year 2023 results:
EPS: RM0.25 (up from RM0.23 in FY 2022).
Revenue: RM2.28b (up 5.6% from FY 2022).
Net income: RM553.1m (up 13% from FY 2022).
Profit margin: 24% (up from 23% in FY 2022). The increase in margin was driven by higher revenue.
Cost-to-income ratio: 60.9% (up from 59.8% in FY 2022).
Non-performing loans: 0.94% (down from 1.27% in FY 2022).
Revenue exceeded analyst estimates by 5.2%. Earnings per share (EPS) also surpassed analyst estimates by 5.2%.

Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Banks industry in Malaysia.

Meow

Posted by 5354_ > 1 month ago | Report Abuse

RM 2.43 is lowest in recent times. EPF keep collecting. Hard to collect lower.

JT1601

When will it drop back to RM2.4. Want top up...

3 weeks ago

Posted by Manfromuncle > 1 month ago | Report Abuse

time to collect some

Posted by Mabel > 3 weeks ago | Report Abuse

Earlier this week, while every wang is looking at YTL Power, Mabel was quietly collecting BIMB. EPF has been selling BIMB like no body business.


Who said Miss BIMB is not so sweet?


Today Miss BIMB make a strong cum back with vengeance caring a strong GREEN FLAG!!!!

To Our Success !

Meow Meow Meow

Posted by Mabel > 3 weeks ago | Report Abuse

Compare to Malaysia’s Top 3 Banks 1Q 2024 Results, BIMB is not doing too bad. Thanks to the constants stream of Pilgrims going to Makkah and Madinah.

MBB Net Profit 2.48B EPS 20.63 sen QoQ +4.2% YoY +9.8%

CIMB Net Profit 1.93B EPS 18.16 sen QoQ +12.9% YoY +17.7%

PBB Net Profit 1.65B EPS 8.52 sen QoQ +2.35% YoY -3.54%

BIMB Net Profit 0.13B EPS 5.7 sen QoQ +9.4% YoY +9.4%

https://www.thestar.com.my/business/business-news/2024/05/21/bank-islam039s-net-profit-rises-to-rm12917mil-in-1q-on-higher-net-income

Posted by kong73 > 6 days ago | Report Abuse

Bimb i am collecting too.. looks very solid good dividend yield

Posted by Mabel > 12 hours ago | Report Abuse

Yes kong73!

Looking back at the first half of 2024, bank stocks dominated the majority of the top 10 high-yield dividend stocks list.

Among companies with a market capitalization exceeding RM5 billion, $BIMB(5258.MY)$ was the best-performing stock, with a dividend yield of over 8% and a year-to-date increase of over 14%. The three local banking giants, $RHBBANK(1066.MY)$, $MAYBANK(1155.MY)$, and $PBBANK(1295.MY)$, were also among the top performers, with dividend yields of 7.26%, 6.06%, and 4.73%, respectively.

To Our Success !

Meow