BANK ISLAM MALAYSIA BERHAD

KLSE (MYR): BIMB (5258)

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Last Price

2.75

Today's Change

-0.01 (0.36%)

Day's Change

2.73 - 2.76

Trading Volume

1,294,800


32 people like this.

9,322 comment(s). Last comment by sg999 1 week ago

banker33

427 posts

Posted by banker33 > 2019-04-02 16:31 | Report Abuse

Icon8888 Oh I answered just now

Thought you have read so I deleted
02/04/2019 4:15 PM

Sorry brother Icon8888, I didn't see it at all. Could you please post it again for the benefit of the holders, thank you,

Icon8888

18,659 posts

Posted by Icon8888 > 2019-04-02 16:34 | Report Abuse

Nothing lah. I was just saying analyst usually don't have much feel about CF so whatever they say doesn't mean much to me

banker33

427 posts

Posted by banker33 > 2019-04-02 16:39 | Report Abuse

so brother Icon, there's nothing to fear about our warrant becoming waste paper.

Icon8888

18,659 posts

Posted by Icon8888 > 2019-04-02 16:45 | Report Abuse

The takeover code says fair value must be offered to warrant holders

In the event they take back warrants, they have to take into consideration time value of money

The warrants still have 4 years to go ? That is a lot of time value there based on black schole

I am not worry at all

banker33

427 posts

Posted by banker33 > 2019-04-02 16:53 | Report Abuse

Thank you for your comments brother Icon8888. But frankly when they said fair value, I really don't trust them . I remember before there are so many instances that like they offer very low price when they take over etc etc, that is after they said FAIR VALUE, and all appeals have gone to deaf ears.

Icon8888

18,659 posts

Posted by Icon8888 > 2019-04-02 16:57 | Report Abuse

This case is different. It is not a take over. It is a swap

Everybody is migrating to a new entity

No any one party is taking over other parties

So there will not be compulsory acquisition of warrants etc

The most likely scenario is to issue replacement warrants taking into consideration new economics

Icon8888

18,659 posts

Posted by Icon8888 > 2019-04-02 17:00 | Report Abuse

The Deed Poll is the document that governs the way warrants are to be handled

There are formulas inside there to stipulate what should be done in the event of corporate exercise etc

It is standard format

Grab hold of any copy and you can read about it

Go ask BIMB company secretary if you want to access the document

banker33

427 posts

Posted by banker33 > 2019-04-02 17:07 | Report Abuse

Thank you so much brother Icon8888 for your frank and true response. Now I understand better with your explanation, once again thank you so much.

Icon8888

18,659 posts

Posted by Icon8888 > 2019-04-02 17:35 | Report Abuse

When they issue the warrants in 2013 at exercise price of 4.75, their corporate planning would have already factor in potential inflow of this huge sum

They are looking forward to receiving this huge amount of cash and would have already figured out what to do with it for next phase of growth

It is unlikely they out of the blue would want to take them over and cancel them

They don't gain anything by doing that. They want the warrants to be exercised so that they can get the cash

That is another reason you don't need to worry about being taken over

Posted by Nicholasming91 > 2019-04-02 17:42 | Report Abuse

Warrant can buy?

paperplane

21,659 posts

Posted by paperplane > 2019-04-02 19:14 | Report Abuse

Most like swap more warrant

Posted by Nicholasming91 > 2019-04-02 19:19 | Report Abuse

Warrant now exercising value of rm5.05 only, while mother is RM4.4, 10% difference only leh, means warrant got potential to go higher?

banker33

427 posts

Posted by banker33 > 2019-04-03 08:21 | Report Abuse

Nicholasming91 Warrant now exercising value of rm5.05 only, while mother is RM4.4, 10% difference only leh, means warrant got potential to go higher?


no brother Nicholasming91, exercise price is RM$4.72 and since now mother is RM4.4 and another 32 cents we reach the exercise price, so after that the price of warrant may shoot I presume. In fact we are rather safe as the expiry date is still a long way to go.

So, in fact I will be buying more & more and hoping for a big bonanza in the not too far future.

Best of luck to you brother Nicholasming91.

nckcm

2,726 posts

Posted by nckcm > 2019-04-03 08:25 | Report Abuse

Last time bimb at 4.00 the warrant at least 0.50 right

freddiehero

16,722 posts

Posted by freddiehero > 2019-04-03 08:32 | Report Abuse

fly liao fly liao..

banker33

427 posts

Posted by banker33 > 2019-04-03 08:43 | Report Abuse

Posted by nckcm > Apr 3, 2019 8:25 AM | Report Abuse

Last time bimb at 4.00 the warrant at least 0.50 right


I am not sure, maybe someone more familiar can help you

banker33

427 posts

Posted by banker33 > 2019-04-03 08:44 | Report Abuse

Posted by freddiehero > Apr 3, 2019 8:32 AM | Report Abuse

fly liao fly liao..


don't worry, it will

paperplane

21,659 posts

Posted by paperplane > 2019-04-03 09:01 | Report Abuse

Nicholas.... Shhhhhhh. Dont teach so much

banker33

427 posts

Posted by banker33 > 2019-04-03 10:14 | Report Abuse

wah, today Takaful naik 12 cents, BIMB to follow too today

paperplane

21,659 posts

Posted by paperplane > 2019-04-03 14:30 | Report Abuse

Highly suggest uncle koon buy this, met all his criteria. Bank, monitor closely by bnm. No worry. Hehehe. Dayang high debt, can pay not

banker33

427 posts

Posted by banker33 > 2019-04-04 12:17 | Report Abuse

how happy I am today got real stupid idiots selling warrants at half cents cheaper when mother up by 1 cent, hahaha.

More please these sohais sell some more cheaper warrants and I gladly welcome them, huhu

paperplane

21,659 posts

Posted by paperplane > 2019-04-04 20:31 | Report Abuse

Sometimes ppl might nred money mah, sell loh. Strong holders is winner end of day

nckcm

2,726 posts

Posted by nckcm > 2019-04-05 17:26 | Report Abuse

Sleeping ...

nckcm

2,726 posts

Posted by nckcm > 2019-04-09 00:38 | Report Abuse

Sleeepingggg....

paperplane

21,659 posts

Posted by paperplane > 2019-04-10 18:17 | Report Abuse

wah, today volume so big, signalling something

nckcm

2,726 posts

Posted by nckcm > 2019-04-10 18:24 | Report Abuse

Consolidate stage zzzz......

nckcm

2,726 posts

Posted by nckcm > 2019-04-14 14:20 | Report Abuse

Check back on takaful february 4th.. huge candle before flying.. seems like bimb is going to same stage . Last friday also huge candle but price stagnant.

soffone85

58 posts

Posted by soffone85 > 2019-04-15 08:45 | Report Abuse

today will gap up

banker33

427 posts

Posted by banker33 > 2019-04-15 11:51 | Report Abuse

getting hotter and hotter, buy & buy, something must be up I presume.

banker33

427 posts

Posted by banker33 > 2019-04-15 12:08 | Report Abuse

Wow, Takaful up 12 cents.

Icon8888

18,659 posts

Posted by Icon8888 > 2019-04-15 20:04 | Report Abuse

dumb dumb hold don't move a muscle

cheoky

2,823 posts

Posted by cheoky > 2019-04-15 21:50 | Report Abuse

Can top up?

banker33

427 posts

Posted by banker33 > 2019-04-16 09:41 | Report Abuse

hahaha, got an idiot today selling 50k warrants at half a cent less even though mother up by 3 cents and warrant up too. How happy to receive free gift at a cheaper price from an idiot, always welcome them with such stupidity. That's how we the serious holders untong and make money on such stupid idiots, hahaha

banker33

427 posts

Posted by banker33 > 2019-04-16 09:50 | Report Abuse

Queue some more warrants at 30 cents, hope that idiot who threw 50k will throw some more, a big thank you first. Come on idiot you can do it.

banker33

427 posts

Posted by banker33 > 2019-04-16 09:54 | Report Abuse

A big thank you to that idiot who just throw some more warrants at a cheaper price to me. Now me happy indeed.

banker33

427 posts

Posted by banker33 > 2019-04-16 10:07 | Report Abuse

yet the biggest moron , or should we say the biggest idiot to be seen, just throw down 7 warrants cheaper hoping to distort the market, can he be that stupid and idiotic to believe that his 7 warrants thrown down at a cheaper price can influence the counter, hahaha, go back and suck mother's milk more to learn more, grow up this idiot.

banker33

427 posts

Posted by banker33 > 2019-04-16 10:57 | Report Abuse

again a big thank you to the idiots or donkeys who sell warrants cheaper, now me more than RM$500 GAIN FOR TODAY ONLY, hahaha

nckcm

2,726 posts

Posted by nckcm > 2019-04-16 16:49 | Report Abuse

Sell again lol

banker33

427 posts

Posted by banker33 > 2019-04-17 04:51 | Report Abuse

Something good coming.....


OTHERS BIMB HOLDINGS BERHAD - PROPOSED ADOPTION OF A NEW CONSTITUTION FOR THE COMPANY
BIMB HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description

BIMB HOLDINGS BERHAD - PROPOSED ADOPTION OF A NEW CONSTITUTION FOR THE COMPANY

The Board of Directors of BIMB Holdings Berhad ("the Company") wishes to announce that the Company intends to seek its shareholders' approval at the forthcoming Annual General Meeting of the Company on the Proposed Adoption of a New Constitution of the Company ("Proposal").

A Circular to Shareholders containing the details of the Proposal will be issued and dispatched to shareholders of the Company in due course.

This announcement is dated 16 April 2019.

banker33

427 posts

Posted by banker33 > 2019-04-17 04:56 | Report Abuse

PNB & Yayasan Bumiputra , Malaysia biggest funds are buying...so it's going to be more coming. They don't buy for nothing.

Tuesday, 16 Apr 2019

7:12PM BIMB PROPOSED ADOPTION OF A NEW CONSTITUTION FOR THE COMPANY

8:33AM BIMB AMANAHRAYA TRUSTEES BERHAD-AMANAH SAHAM BUMIPUTERA (2,800,000 units Disposed)

8:33AM BIMB PERMODALAN NASIONAL BERHAD (2,000,000 units Acquired)

8:33AM BIMB YAYASAN PELABURAN BUMIPUTRA (2,000,000 units Acquired)
17/04/2019 4:54 AM

banker33

427 posts

Posted by banker33 > 2019-04-17 08:37 | Report Abuse

PROPOSED ADOPTION OF A NEW CONSTITUTION FOR THE COMPANY ....it will pave the way for the swap, get ready for the action when the announcement is made. Warrants holders are in for a big bonanza, so hold tight.

nckcm

2,726 posts

Posted by nckcm > 2019-04-17 08:39 | Report Abuse

Lol they bought in last week lah

banker33

427 posts

Posted by banker33 > 2019-04-17 08:48 | Report Abuse

nckcm Lol they bought in last week lah
17/04/2019 8:39 AM

last week more than 3 million warrants are traded in a single day at a higher price.....very rare for the BMIB warrants to trade so much in a day.

banker33

427 posts

Posted by banker33 > 2019-04-17 11:17 | Report Abuse

Takaful wow, wow, wow, up 8 cents despite a bad market. BIMB to follow in thec afternoon?

AHHLONGGG

25 posts

Posted by AHHLONGGG > 2019-04-17 14:03 | Report Abuse

Haiya!! Very weird trend one... Mother & Takaful.. steady moving vertically but son.. just add vol.. but no umphh one..Like this... AHHLONGG also lost confidence with son!!!

paperplane

21,659 posts

Posted by paperplane > 2019-04-18 12:03 | Report Abuse

hope this stockj RM5 this yr end, hehe

banker33

427 posts

Posted by banker33 > 2019-04-18 14:38 | Report Abuse

friends, for those who are holding the warrants, you will be happy to know that we are just 17 cents away from the mother conversion price and we still got another 4.5 years to expiry....so hold on tight as you are going towards a bonanza soon.

banker33

427 posts

Posted by banker33 > 2019-04-18 14:43 | Report Abuse

Posted by paperplane > Apr 18, 2019 12:03 PM | Report Abuse

hope this stockj RM5 this yr end, hehe


brother, I expect it to go above your figure, why ? because of it's EPS to be above 10 cents per quarter and what more with a PE Ratio below 10.....it's a gem actually. And mind you there's another possibility of a merger with another Islamic Bank too.

banker33

427 posts

Posted by banker33 > 2019-04-18 14:50 | Report Abuse

mother up now 7 cents despite a bad market. go for your warrants now as it's going to 30+ cents.

paperplane

21,659 posts

Posted by paperplane > 2019-04-18 15:10 | Report Abuse

Wo

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