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Tuesday, May 29, 2012

Stock: ~BIMB~: BIMB HOLDINGS BHD 5258

Stock: ~BIMB~: BIMB HOLDINGS BHD 5258

BIMB Holdings Berhad is an investment holding company. The Company operates in three segments: Banking, which is engaged in the Islamic banking and provision of related services; Takaful, which is engaged underwriting of family and general Islamic insurance (Takaful), and Others, which includes investment holding, currency trading, ijarah financing, stockbroking and unit trust. Its subsidiaries include Bank Islam Malaysia Berhad, Syarikat Takaful Malaysia Berhad, BIMB Securities (Holdings) Sdn. Bhd. and BIMB Securities Sdn. Bhd.

From tokancorner view for investor only (not suitable for punter)

 

Bursa Stock : BIMB 5258 ( Sell On Strenght )

 

Why ????

 

Observation From Chart:

 

BIMB 5258

a) Major Trend still in bullish mode

 

b) It has a pullback from 2.780 till 2.280

 

c) Based on swing  2.780 till 2.280 it has reached at fibo 61.8% on downturn mode

 

 

Suggestion :

 

Sell On Strength While You Can Before It Crack

 

Where To Buy This Stock Again ??

Here is some price options to think off :

 

1. =/> 1.971+-

2. =/> 1.78 +-

3.=/>1.590+-

4.=/>1.70+- ( Best Call )

Remember to do risk management criteria ok ( 2% / 3% / 5% ) Suit yourself

 

 

Bimb

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