Sadly, not many in the market have brains lol

This PE ratio should be lower tonight, right? The stock will look even more attractive to those looking for fundamentals.. Affin is screaming to all those who have brains: TAKE ME

Explain TheContrarian

Congratulations Comrades! This is the eid gift!

... plus services are variables that can easily be imporoved

Appoloang.. you are mixing bank services with stock fundamental results.. you might hate the bank, but it's just doing fine without your money.. and that's what matters for an investor! I have my acc in standard chartered, not in affin.. i love affin stock fundametals.. do i have to move my capital there? Of course not. I will have no effect whatsoever!

Hello guys.. hope to celebrate with you next week!

Titus.. my strategy is shut your screen and go do something else. Sooner or later you'll be pleased with the price. Monitoring the price everyday is not benefitial. Big Fish eat small fish who keep monitoring the screens by playing a psychological game and depressing the stock price.

Let me share my prediction with you guys: The Quarter results will be announced on or after mid August. The results are expected to be positive and therefore might ignite a rally for Affin from now until the result announcement. We might see the price reach 3.10 or even more. I could be wrong.

titus.. I bought Affin at 2.11 and sold at 2.95.. This is my second ride.

titus: 9 out of 10 research predict price targets above the current price. Average price target of all research is 2.875. The highest price target is 3.30. The lowest and only negative price target is 2.55. There are 2 buy recommendations, 1 sell recommendation, and 7 hold recommendations. Conclusion: DON'T WORRY

titus 2.69

titus.. my portfolio is 100% Affin, and 0% cash.. I'm confident. Don't worry.

The closings higher is a hint at where we will be going next week :)

The price is holding nicely. My inkling says 2.60 is the bottom for this cycle. Last chance for Affin lovers to get on board.

Thnx TheContrarian.. I will check it out.

The reason I respect TheContrian is that he gives sincere advice i.e. Diversification. Anyhow, as we discussed previously, there is no stock in KLSE as attractive as Affin. Plus the fact that I'm already diversified by investing in different countries

Where is our spiritual leader, TheContrarian?? Your outlook plz?

I declare that i am now 100% Affin!

Eid Mubarak all.. Anyone in Kuching or Bintulu this weekend and wana meet for a quick coffee & chat about stocks? plz let me know. TheContrarian: Any insight into where Affin is headed? Might it go lower? thnx

TheContrarian, you said "I would say Affin is one now".. thats why I can't find any other stock thats worth diversifying!

TheContrarian, you said "I would say Affin is one now".. thats why I can't find any other stock thats worth diversifying!

TheContrarian.. ok let's diversify then! I can't honestly see a stock as good as Affin.. plz suggest some that I can research.. i like good value stocks, low P/E ratio, near their 52week lows, with good regular div giveouts and decent quarterly results.. you have the floor sir:

TheContrarian.. any near term outlook? What bottom price shd we expect in this downwards cycle?

Initially I got hooked with major IPOs inwhich I made good instant money (excluding Malaysia of course). Then I started following certain stocks which I liked and started accumulating slowly.. both Indonesia and Philippines are emerging markets with high potential. Especially Indonesia after Jokowi, a reformist, became president. I'm following the currencies, actually the currency dips made those countries attractive. Now, I made some gains in both the currencies and stocks.

TheContrarian.. in Malaysia I'm in Affin.. In Indonesia, I'm in SMGR & BBNI.. In Philippines, I'm in SSP.. In Dubai I'm in UPP.. I diversify countries with stocks lol..

The Contrarian, and others.. i've been away.. any short-midterm forecast? I'm looking for a price dip so i can buy the rest of the shares i want

Yep.. seems like the bargain hunting has ended.. now only full price shopping! Pity as I wanted to buy more at lower prices

TheContrarian.. As I said previously.. I'm in love with Affin.. I view any fall in the price as an opportunity to buy.. my traget this time is above 3.3.. unless there is a tune we can dance to that can take it even higher as you've just suggested. i don't see Affin going above 4 impossible in 2017-18, it can do it with the right circumstances.

TheContrarian.. how do we know the amount of stocks left to be sold by kenanga? If we can't know, then I believe that buying at different prices is a better strategy than waiting until Friday as they might have sold most of their shares..

Bought today some.. will buy more @ lower prices until friday

TheContrarian: 1- I deserve credit for my previous outlook, can I have it at least?
2- I still trust you and need to ask you: what's the lowest this stock can go from now on?

My gut feeling was right after all??

Guys.. what brought this stock down from 3? Someone explain plz? And is it a temporary thing? Any real potential for it to go up? What will it drive it up?

Ok.. i'm actually in love with the stock tbh.. which is bad in a way.. but stocks need to correct from time to time.. i bought again with 30% of my capital @2.82.. willing to buy again if the price is right.. and yea TheContrarian, plz keep up the good work!

TheContrarian, what other stocks in the market that have similar potential to Affin and HAVE NOT RISEN MUCH yet. I'm looking for stocks similar to Affin when it was around the price of 2.10.

TheContrarian.. I did buy some quantity @2.82 again. But not as much as I sold @2.95. I still have orders @ 2.81 & 2.80 that were not filled.

TheContrarian just beware of one thing.. maybe traders have factored in the price an exaggerated expectation that Affin Hwang would have good results. If QR comes out "normal" or "mediocre", Affin may go down- sharply.

A correction is necessary and healthy to the stock. I believe Many Affin lovers, including me, feel that buying the stock without the correction occuring is risky. I sold @2.95 and am willing to board the ship again when it refuels. I won't board the ship in the open seas while some investors are actually fleeing.

With respect to The Contrarian, I tend yo agree with nickicheong. My gut feeling (which I trust most of the time) says that Affin needs to take a deep breath and retreat to at least 2.7, 2.6 and possibly 2.5 before trying to climb above 3.

Sorry guys.. had a change of heart:
3.05 resistance + ex date 15 may = likely goes down 16 may.. + i made good profit from 2.11 = sold

In Affin for the long haul. all stock & economy signals are positive.. still a long way to go imho.

dividend announcement should be Today Friday 25th or at least Monday 28th in the latest

More cash is waiting if it goes down.. actually wish it would go down :)

Rule of thumb: when a research company says sell, it might mean they want to buy it low!

So CIMB has been downgrading & talking down AFFIN over the past 2 years, but now suddenly they say its a good bargain? They must have finished buying it.

what is the expected dividend this year?

Congrats for the rebound. Now that you bought the stock, I suggest you shut the screen and go get busy with something else. Watch out for that message from the bank that says dividends have been deposited. Twice a month come check what's going on with the price, but then leave. Affin has started a long term steady climb back to above 3. Just forget you have it for a year or so.

this is the beginning of the long road back to above 3.. good luck comrades. P.S. Affin is to buy and keep & forget.

I have said before that Affin is a good stock to have and I have been proved right by the latest results. And here I am again saying that it is a good stock to have. The price you see now, you will not see in the near future, unless there is a catastrophe or something. All forecasts for the Malaysian economy for the rest of 2016 and 2017 suggests a recovery and growth, Affin will benefit from now on and the results will keep improving.