To all scaremongers: YOU FAILED. Ceb is departing upwards.

Bought @2.11

@hcthey, agreed.. I first bought at 0.34, then 0.305 so average is 0.32, ready to buy more if it breaks 0.30 but I strongly doubt it will break that. This maybe the the bottom price ever for this stock.

@greary: genuine voice.. well said.

@Hcthey: good overview. As I said previously there is nothing that justifies the current low price. Only bright and brave people would buy this counter. It's one of those rare opportunities that present themselves.

Bought 1st chunk today @0.875

Lots of people here are trying to buy the stock at lower prices by scaring other investors.. press the ignore button..

If it goes down more, accumulate more..

There is nothing in the company's performance that justifies the current low prices.

Seems lots of people are hoping to buy lower.. Seems the train isn't going to wait any longer..

@AmberAsset: Life is fun.. ;)

Accumulated 1st trade @1.50

@greary Good luck to us! Be ready to buy below 0.30 too. It could go lower you never know so you can average again.

I searched and searched, there was no credible reason why it has gone down this much, so I decided to accumulate at these lower prices..

Bought 2nd chunk today @0.305

Bought @ 1.14

@swimvshark what loss? I just started buying in small chunks, I have 9 more orders at lower prices.

Bought now @0.34

All this was an expected scenario, waiting for it to reach RM2 or below, otherwise not interested.

My purchase a month ago @1.43 was a bullseye :)

Bought @0.60

Bought today @1.18

Bought again today @0.825

What's happening in Affin is just pure speculation and the stock will eventually tank

Bought today @0.87

Bought more @4.30 today

Bought Swift @0.485

Sold YINSON @2.84

Sold PBBANK last week @4.69.. good sell :)

Bought Marco today @0.14

Bought Petronim today @4.41

Bought last week @3.92

Bought yesterday @1.43

Bought yesterday @2.33

Bought today @ 0.52

Lots of fingers have been burned on Friday.

Someone is playing a game, leaking news to manipulate the stock pump and dump.. This isn't healthy for Affin at all.

Congrats Affinians!


However,

Since January, 9 Investment Banks have researched Affin Bank. All 9 banks have given a SELL target price, yet Affin continues to climb due to the Sarawak intention to buy. In my opinion this is an unhealthy hype that will drop sharply after the purchase is finalised.

I have said this before, IBs are all calling for a SELL. The price is too hyped due to Sarawak news. Once it no longer is news but fact, the price in my opinion will dip.

@EngineeringProfit.. I have looked all over the market but prices have skyrocketed. I am playing the patient waiting game.

I am there at the bottom of the tree with my bucket wide open waiting for the fruits to come falling..

Looking at the last 5 target price estimates, the highest is 2.25 and the lowest is 1.70: I suspect that after the dust settles from Sarawaks transaction there will be blood spilled from an over sell. Many fingers could be burned

Good question Littleprince

Good luck TheContrarian. I am still waiting for lower prices, hopefully after the hype ends. Adopting a "Cash is King" strategy.

Does anyone know how we can report KevinJ?

Ok let's have a look what's going on in here 0. 0.


Oops still the same hype, maybe come back later..

So much hype around Affin I can't recognise it anymore

@TheContrarian, will there be any market correction on the horizon soon?

@beluga, Affin is a promising stock, but has gone up wildly in very short time. Also, as @TheContrarian mentioned before, the medium term outlook for Affin isn't so bright considering the costs the bank would endure after the Sarawak takeover due to opening new branches etc. Taking all that into account, I believe a price between RM 2 - 2.20 (FOR THE MEDIUM TERM) is a fair price. The long term price shouldn't be below RM3. The only thing going on currently is the nonstop hype and @LubeTrader's "hidden entity" conspiracy theories.. lol

Congratulations to all the diehard Affinians still holding on to the stock. Affin never disappoints.

Personally, I am refraining from buying any stocks until there is a market correction. I believe the market has risen tremendously, and keeping the cash is safer.

@TheContrarian well said.