Pls refer today's Blog Headlines by kcchongnz.....A case study of company warrant of BIMB....surely UP these few days....so watch out starting 2morrow!
kikikikiii ... eric priced in liau la ... oversold and cheap la now ... just 2 cents la .. , after 31/03 ... certain fund dont need to sell liau la .. closed book liau .. the selling pressure less liau la ...
cheers brendon .. pan sim la ...kikikikii .. me 3 lorry liau .. below 0.65 sikit sikit tambah lagi la ... ni tambah sampai 1 container pun tak pa ... win more la
eric .. at 0.66 and mother 4.23 = premium 27.19 % maturity 04/12/2023 ... 3535 day to go ... and low dy ... banking stock ... for me is damn cheap and low risk .. worth to fight
Good buy BIMB WA now for both short term (6 months) and long term (1-5 years) play. As selling pressure may likely rest after funds finish unloading as per Cytew statement. Cheers.
lowest price was 0.625, looks like going to touch on bottom line and worry it will dive lower.... somemore, mother share not moving. will it be a good buy?
As an ordinary investor,we do not know when and where the price can up or down as this is beyond our control. However we can buy stocks with great value compare to its price and larger the gap the more happier we are as there is large gap of margin of safety. Coming back to BIMB WA,the down trend may be continued but further they drop the more happier I am.
The price of BIMB WA as retreat from 0.9+ level to current level however we should noticed that the price of BIMB has rebound from 3.++ after ex to 4.2+ level but BIMB WA has not move much and with this create a greater gearing for BIMB WA.Moreover,coupled with the selling pressure of BIMB WA by funds will be subside as per cytew statement,this two combined is more than enough to create a short term booster for BIMB WA.
In the long term play.Current year performance of BIMB should be good as we all should know the facts that the last Q performance is dragged by the dividend tax which is one-off. Moreover,markets seems overlook the effect of the 49% acquisition of Bank Islam and combining all this will boost BIMB Owner's earnings to more than RM 470m compare to last year RM 270m.
Last year Owners Earnings 279m Tax effect 31m 49% bank islam 163m
Total 470m
The above even not taking into effect of growth factor which is positive in mid term as BIMB is now aggressively expanding due to its below average loans to deposits ratio.
Moreover,we should also noticed the warrant gearing of MBSB WA compare to BIMB WA and I believe you will happy to see that.
Thus with the above,BIMB is a good candidate for short (6 months) and long term play.However,the greater the the price of warrant fall,the more aggressive we should in accumulate it.
haha.Icon8888.You will find a strong contenders here if the price drop to 0.50.You probably see me naked then as I will probably pawn my underwear to buy them.haha
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kingcobra
2,772 posts
Posted by kingcobra > 2014-03-30 18:22 | Report Abuse
Pls refer today's Blog Headlines by kcchongnz.....A case study of company warrant of BIMB....surely UP these few days....so watch out starting 2morrow!