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2017-03-03 10:35 | Report Abuse
Wall is down.... few forum is talking abt Gadang... so lets roll
2017-03-03 09:55 | Report Abuse
CIMB Research
Rating: Add
Target Price: RM4.03
Following Affin’s analyst briefing for its fourth quarter results, CIMB Research said that the bank’s management explained that the lethargic loan growth of only 0.6% in the financial year 2016 (FY16) was mainly due to the shedding of low-yielding financing totalling about RM1.6bil, mainly from revolving credit.
Adjusting for this factor, its financial year 2016 loan growth would have been about 5%, close to the industry’s rate of 5.3%, it said.
“The key highlights were the company’s guidance for FY17, its Affinity transformation programme, and its long-term targets,” CIMB Research said.
The research house has noted that management is targeting a stronger loan growth rate of 8% for 2017.
“We are more conservative, projecting only 3% growth.
“Each 1% pt increase in loan growth (compared with our forecast) would enhance Affin’s FY17 forecasted net profit by about 0.7%,” it said.
CIMB Research also said that there will be tangible benefits from Affinity, in the form of improvement to its cost-to-income ratio, enhancement to its digital banking capabilities, elevating its competitiveness and stronger fee income generation.
“This will help to address some of its areas of weakness, such as high cost-to-income ratio and still-small non-interest income generation from other divisions of Affin Bank, like treasury, credit cards and wealth management,” it said.
“Affin Bank has an aggressive target to increase its operating income by 78% from RM630mil in 2016 to RM1.12bil in 2020.
“This is way above the 17% growth we forecast for the same period.
“If we apply the targeted 15.5% compounded annual growth rate on the operating profit for Affin Holdings, our financial years 2017-2019 forecast net profit forecasts would rise 20-35% (assuming constant credit costs),” CIMB Research added.
The research house said this will push up its target price by 36% from RM2.96 to RM4.03, representing a 58% upside to the current share price.
It continues to rate Affin as an “add,” given its attractive valuation – FY18 forecast price to earnings ratio of 8.2 times and price to book value of 0.5 times, the benefits from the Affinity transformation programme, and an expected improvement in FY17 loan growth.
2017-03-02 22:08 | Report Abuse
Tht 50cen today is donno which hero eat up one...
Anyway 200% tht was a good deal man.
Anyway some good news as Interest Maintained.
(吉隆坡2日訊)國家銀行維持貨幣政策不變,加上美國股市隔夜創新高,衝破21000點,激勵國內銀行股在今天大漲。
Majority of the bank counters jalan abit today...
Will it continue to blow and close higher again tmolo?
Lets see...
2017-03-02 22:03 | Report Abuse
For those who holding the tickets on hand...
See Kim's channel...
2017-03-02 17:09 | Report Abuse
Bcos more trader in the son... thts why goes up and down.
Tmolo repeat the same again.
But if for midterm invester.. im looking good to hold at this counter.
Risk taker then go for the son... better and quicker return.
2017-03-02 16:06 | Report Abuse
Ops, break 2.60 heading 2.70
Can we make it this wk to close 2.70??
2017-03-02 11:56 | Report Abuse
Congratz everyone.... this counter i found quite safe
And future prospect is good worth to hold
Stil maintain Buy call for majority research.
Lets roll guys...
2017-03-01 10:02 | Report Abuse
As expected, this counter is not a goreng stock.. so price wont simply goreng up by the retailer one.
As soon as you think the current entry price is safe for you, you just enter.
My personal TP 2.80 shall be on the way soon in the coming time.
Safe investor, go for mother.
Risk taker, go for the son for better return. 50% is expected in 3mths time.
2017-02-28 22:41 | Report Abuse
The Edge, 28feb2017
The investment banking segment, whose prospects it is cautiously optimistic on in FY17, expect further growth from strategic alliances with leading securities houses in Japan, Thailand and Indonesia. "The asset management business will continue to capitalise on the growth potential in the retail and high net worth business categories to further increase its assets under administration and clientele,” it said.
Im expecting this counter can goes as far as rm3 above once the recent restructuring excersice done, and the alliance with Japan successfully deal.
2017-02-28 22:34 | Report Abuse
As expected... what an impressive result!
Tmolo expect to have gap-up... then break 2.55
EPF selling has nthg to do with it
The tickets on their hands are stil alot
Means they waiting the price goes further
2017-02-28 09:14 | Report Abuse
Expecting AFFIN to post good QR result compare to last yr...
2017-02-21 10:22 | Report Abuse
Collect affin-cv for better return....
Mother shud be 2.60-2.70 next wk.
If result good... then further to 2.80
2017-02-21 10:16 | Report Abuse
Get ur hint from Dnex result.... then you should know wats goin to happen in coming days
2017-02-21 10:14 | Report Abuse
Get ur hint from Dnex latest QR released........
Tighten ur seatbelt... we shall be taking off soon.
2017-02-10 10:33 | Report Abuse
KimHin export will boost drastically especially the Australian market, Johnson Tiles.
Others like benefit from weak RM since Sep/Oct2016; China Production Increased, local market sales remain stable.
Im expecting the coming QR would be great, with main contribution of export market.
High chance of another 25cents gap-up again after QR release.
2017-02-08 10:41 | Report Abuse
i have been collecting the hovid warrant since the panic sell down in early Jan.
To me, license suspended only due to the packaging error. Nothing to worry.
The new production just started, research centre and so forth.
Coming QR result maybe only so so, but if you hold for longer term.
I believe this counter will goes back to the normal price once the license reissue back from ministry.
Just my comment, cheers!
2017-02-07 15:46 | Report Abuse
DKSH has been sideway since fall from RM6...
After reading the latest news letter from the CEO,
"Compared to last year, net sales increased by 4.5%, operating profit (EBIT) by 8.4% and profit after tax by 6.7%. The number of specialists reached more than 30,000 for the first time."
or the similar link:
https://klse.i3investor.com/blogs/sumato88/115360.jsp
by Sumato88
Im expecting this counter will goes back to RM5 first shortly, then RM6 after QR released.
My average buying RM4.55..
Lets ride with me....
2017-02-03 11:00 | Report Abuse
Expecting to see Gadang touch 1.15 soon....
Im holding Gadang since before the Ex-Date of Bonus Split....
it seems came back to the same price when i masuk already... :P
2017-01-16 10:17 | Report Abuse
豐隆投行分析員則表示,金務大是他首選的大型建築股;而小資本建築股方面,投資者可留意喬治肯特與百盛納控股(PESONA,8311,主板建築股)。
Sunday 15th oriental daily
2017-01-08 17:52 | Report Abuse
Some similar counter jalan suddenly last wk, like Gadang n WCT.
Lucky ada beli.
Will Pesona be the next? Heehee..
2017-01-08 17:48 | Report Abuse
I have been adding the PA since 0.08.....
And i am stil adding it now...
I personal TP would be at 0.12 next wk...
2017-01-06 11:07 | Report Abuse
Next wk should be touching 0.63...
Buy the son now n just wait for next wk for good news
2017-01-05 11:08 | Report Abuse
The interest of buying AffinHwang stake is stil on-going, it fails just bcos bank negera banyak macam macam to satify.
The proposed interst to buy is abt 20-30% stake of affin hwang.
So i am stil feel positive at the counter.
Those who threw at 2.35, 2.36, 2.37 one... sorry la.
Those who beli at tht rate.... untung la...
Lolx...
2016-12-30 12:21 | Report Abuse
0 8 for today is impossible
But today should be closing at 0.68-0.69
If it does push by operator, 0.70 end 2016 nicely perhaps.
Ticket now stil 0.67 cheap.. fast fast grab b4 430pm.
2016-12-29 12:17 | Report Abuse
Nothing to worry. But im expecting it to end 2016 at 2.4 nicely...
Lets push together....
2016-12-27 11:59 | Report Abuse
As expected, touched 2.4 by Jan.
Thts the sign of bullish trend...
Somore the window dressing moment now...
Can grab now can consider to sel b4 Fri.
If u hav cash, mid term is good for this counter...
2016-12-22 23:39 | Report Abuse
Why so serious..... brent oil 55.
Prepare for popcorns tmolo....
Tmolo best time to collect. Next wk ngam ngam t4
Get ready the dress nice and end this 2016
2016-12-22 16:10 | Report Abuse
Don go for mother....
Keep the son WD which is more cheaper and worth for this price.
Just buy WD, and wait for the mom to go up...
Im expecting the mom should stay 1.78-1.80 by end of the Dec.
2016-12-21 16:07 | Report Abuse
Support still 1.0-1.01............... just a correction day1.
nothing to scare off....
2016-12-21 15:30 | Report Abuse
Surprisingly see EPF Buy/Sell/Buy/Sell/Buy/Sell for this counter....
Then the price slowly slowly up by 1cent every day....
And the graph technically looks good too... uptrend mode.
Im expecting this going to climb until 2.4 by Jan.
2016-12-20 12:49 | Report Abuse
I have added some mother and son yesterday when ppl panic sell down yesterday.
And i am safe now as mother stay at 0.60;
I personally waiting the mother goes to 0.62 today...
2016-12-19 17:08 | Report Abuse
Tmolo might have some profit taking ppl...
Only when Gadang got new announcement to let this mother go to 1.05 and above.
Else... tmolo might be some correction first.
Catch lower if wan... dont chase high.
But if u have cash, just buy and keep la.
This bull stil running madly...
2016-12-19 15:28 | Report Abuse
Im holding Gadang mother since b4 bonus. Im now stil adding the mother.
Im also adding Gadang Son....
My expectation should be 1.05 today.
2016-10-19 10:25 | Report Abuse
touching 0.28 suddenly in the morning....
Anyone enter at 0.26?
Can celebrate liao...
2016-10-13 09:36 | Report Abuse
Announcement yesterday...
12th Oct 2016
XOX BHD ("XOX" OR THE "COMPANY")
PROPOSED ISSUANCE AND ALLOTMENT OF UP TO 400.0 MILLION NEW ORDINARY SHARES OF RM0.10 EACH IN XOX TO MACQUARIE BANK LIMITED ("PROPOSED SHARE ISSUANCE")
Come come....
2016-09-29 12:28 | Report Abuse
GoldenEagleAward2016....... LKL one of those.
Another quality assurance and recognition by the group!
Lets go for TP 0.29..... come on baby!
2016-09-27 20:03 | Report Abuse
Quarter Result posted GREEN compared to previous Lose....
Hint by this 2days price movement.
Will tmolo Gap-up? Cant wait for tmolo
N MrLim will also give sharing on his business thoughts in the coming 9th Oct investment talk host by bwevent. Looking forward what he will talk about in the talk.
2016-09-26 08:48 | Report Abuse
IRIS on today's SinChew Investment Cover Page..... good for reading.
Expecting to see some good respond today....
2016-09-21 15:02 | Report Abuse
propertylifestyle.com.my; 4Sep2016
HCK Capital Group launches residential projects in education hub to cater to 80,000 students...
2016-09-21 15:00 | Report Abuse
TheStar; 29Aug2016
PETALING JAYA: Property developer, HCK Capital Group Bhd, is set to launch nine integrated development projects in the next three years, said group executive director Clifford Hii.
Hii said the projects, which will have a gross development value (GDV) of RM8 billion, will comprise residential, commercial and industrial lots.
The residential and commercial projects will be sited in Mount Kiara North (Kuala Lumpur), Matang (Kuching), Ipoh as well as Cyberjaya, Semenyih, Setia Alam and Sungai Buloh (Selangor), while the industrial lots project will be in Muara Tebas, Kuching.
2024-03-27 14:43 | Report Abuse
Latest Announcement..... 21sep2016
The Board of Directors of IRIS Corporation Berhad (“ICB” or “the Company”) wishes to announce that all the 29.83% equity interest held in Versatile Creative Berhad by the Company has been fully disposed of on 20 September 2016 and the Disposal has been completed on the even date and the Company has now ceased to be the substantial shareholder of Versatile Creative Berhad.
(http://www.bursamalaysia.com/market/listed-companies/company-announcements/5210081)
MONEY IN!
KaCheng KaCheng KaCheng....
2016-09-15 17:15 | Report Abuse
Rm4.15/USD........ watch closely for all export counters...
2016-09-15 17:12 | Report Abuse
RM is getting weaker... rm4.15/USD all export counters can potentially buy now...
N homeriz may technically goes back to 0.90-0.910 n above.
Waiting operator to start engine sajak....
2016-09-12 18:38 | Report Abuse
Indeed.... rm4.10/USD now... short term goreng coming again...
2016-09-07 15:06 | Report Abuse
Lai liao lai liao.... Bruce. I wait u at 0.20
2016-09-06 17:36 | Report Abuse
Up up all the way!!!!! Bruce! I found we are same at many other counter! RGB, Vivo, XOX and.... heehee
2016-09-06 12:20 | Report Abuse
Hi bruce! Good to see you everywhere! Up up up all the way!!! ; D
2016-09-06 12:17 | Report Abuse
No news. But NetCash company. Nthg to worry lah... testing our patience only.
Stock: [AFFIN]: AFFIN BANK BERHAD
2017-03-03 10:47 | Report Abuse
Anyway... research TP is always high one...
TP 4.0 i think take abt 6-12mths to reach hahaha with all the corporate exercises done smoothly and result super strong.
To me, 2.90-3.0 can take some profit first..
Then tinggal sikit dalam let it snowball sendiri la...
Good luck guys...