Saudi Investor In Malaysia. I ask all fellow investors to write in English so everyone can understand. Please inform me about more investor related chat room/ real face to face meet opportunities.
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2022-11-29 12:56 | Report Abuse
Just a reminder, Affin will be added to MSCI Index 30th Nov. The REAL journey hasn't started yet.
MSCI Indexes have the power to change the market. When an index is rebalanced, all the ETFs and mutual funds that track it must buy and sell the same stocks. Stocks that are added to the index usually find their share prices rising. The opposite happens to stocks that are dropped from an index.
2022-11-28 16:06 | Report Abuse
According to Bloomberg, among seven analysts who track Affin Bank, six have a "buy" call on the stock, while one gives a "hold" recommendation, with an average 12-month target price of RM2.64.
In other words, we are no where near the target yet.
2022-11-28 03:30 | Report Abuse
@TheContrarian: not so fast. Did you forget the entrance of Affin into MCSI index on 30 Nov? There will be hungry buyers for those sellers.
2022-11-25 13:02 | Report Abuse
Good Morning Affinians! Such a lovely day!
2022-11-16 17:05 | Report Abuse
@Peace99 I always tell my broker to do it on my behalf
2022-11-16 11:43 | Report Abuse
@kitmanworld, The book value for Affin is 4.66 per share. The stock is worth much more than current price.
2022-11-05 10:20 | Report Abuse
@TheContrarian, That's where I disagree with you.. Affin has bigger potential after the dividend, don't you agree? I think everyone is looking past the dividend.
2022-11-04 11:34 | Report Abuse
TheContrarian, the question should be: Why is EPF buying at this price?
2022-10-27 22:21 | Report Abuse
TheContrarian: So quite here = Maybe I shouldn't have sold early. Just a tease bro wink wink
2022-10-19 14:58 | Report Abuse
I'm in for the long run, been buying for 7 years, never sold and won't sell below 4
2022-10-05 13:11 | Report Abuse
TheContrarian: 2.5 million shares have been sold and the price is still holding up means alot. EPF is a distress seller and buyers are bargain hunters. Once the distress seller stops selling, guess where the price would go?
2022-10-04 02:52 | Report Abuse
Investors! Keep Affin for the long haul. In my opinion It's not for sale below 3.
2022-09-29 13:26 | Report Abuse
Seems there are lots of vultures awaiting to buy a dying Affin. To no avail.
2022-08-09 04:30 | Report Abuse
Latest Kenanga research states expected 2023 Book value per share is around 5.07.
2022-08-04 15:11 | Report Abuse
To all the doubters, the purchase of Affin CEO of Affin shares (at these prices) should be A huge boost of confidence in the share. Rm3 shouldn't be impossible within 12 months.
2022-07-29 17:51 | Report Abuse
@TheContrarian, The bigger banks didn't tick all the boxes I mentioned above, at the time. I was looking for higher potential.
2022-07-28 17:29 | Report Abuse
@TheContrarian, where are we heading?
2022-07-27 16:11 | Report Abuse
@Jonathan Keung, it ticks so many boxes:
1- A bank
2- Islamic
3- Backed by a strong institution ( Malaysia Army I think)
4- Profitable
6- Potential for takeover with a strong book value (more than double the last time I checked).
Nothing to dislike. Correct me if I am wrong. Add points as you see fit
2022-07-26 01:09 | Report Abuse
@TheContrarian, I am a Saudi Arabian currently living in London. I've been buying Affin since 2014.
2022-07-25 15:34 | Report Abuse
@redhotpepper: i read it somewhere and I could always be wrong as I am not in the midst of the market in Malaysia and I don't speak Malay. Seems you're still sour when I was right about the "resistance" comment and the fact the share price shot from 1.86 a month ago to 2.05 today. If you want to be grumpy, by all means be grumpy, but with someone else.
2022-07-18 19:07 | Report Abuse
50 cent per share special dividend will be declared some time in the near future. I think the price will gradually rise towards then.
2022-07-09 15:05 | Report Abuse
Eid Mubarak to all! Let's pray to Allah that the price will be above 3 next year ;)
2022-07-07 16:00 | Report Abuse
REDHOTPEPPER: Still questioning Affin's resilience?
2022-06-16 22:58 | Report Abuse
I love Affin bank.. it's showing the middle finger to those fake doomsayers
2022-06-10 13:51 | Report Abuse
@Markv, ok you sold! Go away! Why are you still here?
2022-06-01 14:38 | Report Abuse
Must exceed 2.25 before ex date on 9th June, and could touch 2.30
2022-05-24 15:09 | Report Abuse
I would like to see the price lower, so I can get reinvestment price lower. I BELIEVE IN THE LONG TERM POTENTIAL, NOT SHORT TERM.
2022-05-19 15:11 | Report Abuse
It's nice to see the largest stakeholder (LTAT) advocating hard for the interest of all shareholders, including us. I personally am not looking to receive cash, but to reinvest. Can anyone guess the price of the share reinvestment from div proceeds?
2022-05-19 12:06 | Report Abuse
A fair price in my opinion is 2.50. The potential to reach 3 within 1 year is not impossible
2022-05-17 13:50 | Report Abuse
TheContrarian, when is the AGM and expected payment?
2022-05-06 13:12 | Report Abuse
Thanks TheContrarian.. and the answer is?
2022-05-06 04:41 | Report Abuse
LouiseS, English please? Maybe just a summary
2022-03-30 14:58 | Report Abuse
This bank is by all standards a great bargain..
2022-01-27 09:37 | Report Abuse
Congrats guys, keep it up.. not selling at these prices.
2022-01-11 16:22 | Report Abuse
Thanx for the update TheContrarian.. I am in Affin until "they" buy me out at the RIGHT PRICE.
2021-12-29 22:50 | Report Abuse
Shortinvestor77: reality kicked in.
2021-09-07 14:54 | Report Abuse
Anyone has info on possible dividends?
2021-05-28 17:50 | Report Abuse
Shortinvestor77, of course the sale of the insurance company would lead to whole different prediction.
2021-05-27 13:02 | Report Abuse
What is your expected div this year? I think Not more than 5
2021-05-22 16:20 | Report Abuse
BlackWhite.. A temporary drop for a strong bank is not a big deal.. On the contrary, I would buy more if it drops further
2021-05-18 12:47 | Report Abuse
TheContrarian, I diversify into different countries, not counters ;)
2021-05-12 17:40 | Report Abuse
My long term target is above RM3 for Affin
Stock: [AFFIN]: AFFIN BANK BERHAD
2022-11-29 13:07 | Report Abuse
Thanks TheContrarian, today new target price by RHB: 2.80.