Which bank or banks did the Sarawak Government park their Cash? How will it affect these banks should the Sarawak Government decide to transfer all their cash holdings to Affin. Conduct all monetary transactions using Affin as the primary bank.

their fresh milk is so DILUTE i had stopped buying!

I think Joyvest is doing good here to keep the management in check with her postings.

CIMB EPS 69 sen and trading at PB 1.3x. RHB EPS 61 sen trading at 0.93 PBV. I know it is silly to assume, but hoping RHB to trade at 1.0 PBV isn't asking for too much. 😁

@prudentinvestor
Many thanks. I held onto RHB and added some AMMB. Best of both worlds.

Azman Hashim was the founder of the Bank.

Sensible. Thanks.

Sell RHB to add AmBank. AmBank traditionally announce dividend with Q3 results. any upwards gain in price from both of them is likely to be at par. 🤔

Banking stocks are boring.
😐

Conflicting reports on the transacted 70 million shares. RM 1.20 or RM 2.00 ?

Do you think it will reach a stage that may involve the regulatory authorities?

Get ready extra funds for rights issue. Or be prepared for the dilution of existing shareholdings as it is inevitable the company will have to raise funds.

always keep in mind, the people who are license to make calls DON'T have take responsibilities for their calls.

Yes
KWSP trades daily across all sectors. Some counters in huge volumes. How nice being a remisier to trade on its behalf.

I don't own GT shares. I had cut my losses. I smelled rats.

Joyvest: APB paid RM1.20 per share.

Google: APB acquired its 70 million shares in Globetronics for RM140 million or RM2 per share back in February. This was already a premium to the RM1. 50 trading range of Globetronics shares at the time.

More questions than answers?

RHB share price hit my TP of 6.50. Since investment banks have upgraded RHB's TP to 7.50, I am now adjusting my TSP to 6.80 accordingly 😁

Thanks @Narialse
I imagine the company will need more funds to upgrade. Time to implement the plans. It will take a few years to see any tangible results.

Thank you.

1) why would any experts in the industry buy into a company with full knowledge the products it is churning out are stale and out dated? 2) how is it that an entity which bought a 10% shareholding in the company has full executive control of the company? 3) why aren't the other major shareholders do anything to address this confidence crisis?

why the 2% tax on dividends received in excess of RM 100k, i believe it also includes dividends received from our own sdn. bhd. isn't it messy with all the additional paper work! why not increase corporate taxes? is LHDN mining data ?

Never wrestle with akmal, both gets dirty and akmal likes it.

You people very cun-lah. One knows it will drop no further. Another knew it will fly. 🤗

Yesterday CIMB called Affin a BUY and their arithmetic on fair value is 4.30. Four dollar thirty sen. Only thing CIMB didn't say when can hit 4.30.

Can it take the 2.85 weight? If cannot can drop to 2.50!

😢

It could be that a "package" was worked out. Some indirect parts and sum of the package is to be remained a secret.

What is POFMA? 😆

POFMA helps protect the Singapore public against online harm by countering the proliferation of online falsehoods. POFMA's primary tools to correct falsehoods are correction directions which require recipients to insert a notice against the original post, with a link to the Government's clarification.

New Straits Times report, the event will take place at Sheraton Kuching Hotel at 2.30pm.

😁

😲
Why do you say it is a stup!d stock?

Let's see whether the share price of Affin will shoot up 4.30 onwards till closing.

This time it has to be for real. The show is to be held in Kuching. The market likely already factored in the pricing for the short term.

DY is coming down fast. Now 6.34. If it goes down lower, to consider cash conversion.

Yes Yes Yes. Has Affin put in place a Board that will lift Affin Bank to a higher level?

So far away from it's 52 weeks peak at 3.43.

Big news. No big news.

112 million shares - manyak senang goreng. like the defunct second board.

Fact. The people who took over the control of the company hasn't had a good track record. There will always be optimists and equally as many pessimists. It is all about risks appetite. Only time will tell. I have quit.

Bursa will still be there come tomorrow. Just hope specuvestors will be sober enough not to lose their capital.

Wild unfounded speculation - next dividend to be paid in shares from the treasury.

The Old Turkey Buzzard left with a bruise. The carcass ain't worth a dime. 😁

compliments from the US import policy, imposed 50% tax levy in 2025 on China’s medical gloves

any news on asset stripping by the new management?

there are no news on Boardroom disagreements/tussels. no news on hostile takeover. so the logical thinking process - there maybe chefs dishing out dishes not to the liking of the visiting tasters. anyway thanks to all the inputs.

these appeared as planned operations. did the operators readied themselves with "computer simulations" and already know the expected outcome, it just cannot be a random exercise! ah..... speculators are dead meat.

There isn't any shareholder with more than 12% shareholding in the company.

Strange? Are there representatives from EPF in the Board? How come a substantial shareholder who has more shares than APB not in the Board?

I don't understand. Unusually large volumes of share transacted at tenths of a second. Suddenly so many sellers appeared and equally so many buyers popped up. Are these transactions done through machines programmed to buy and sell? It is simply beyond human effort to physically manage these trades. Havoc. I am following the process and learning to relearn.

cleared my position. delete from watchlist.