ALLIANCE BANK MALAYSIA BERHAD

KLSE (MYR): ABMB (2488)

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Last Price

5.01

Today's Change

-0.02 (0.40%)

Day's Change

5.03 - 5.04

Trading Volume

559,900


6 people like this.

1,838 comment(s). Last comment by mf 2 days ago

thye82

139 posts

Posted by thye82 > 2023-10-26 16:44 | Report Abuse

u sure is 10sen div?

Posted by StartOfTheBull > 2023-10-26 16:50 | Report Abuse

The company is quite consistent in giving out dividend, twice a year, end of May and Nov. Likely div 10c at end of November again this year.

Posted by TiGongPoPiPopi > 2023-10-29 15:22 |

Post removed.Why?

cwc1981

1,391 posts

Posted by cwc1981 > 2023-10-31 12:55 | Report Abuse

Wow 10 cents coming

yfchong

5,877 posts

Posted by yfchong > 2023-11-19 07:32 | Report Abuse

when is the Dividend announcement

Posted by Intelligentinvest13 > 2023-11-19 18:54 | Report Abuse

End of the month as soon as announced based on the amount share price will rise to match it so buy early

Posted by bullrun2025 > 2023-11-24 16:24 | Report Abuse

Abmb: Still locked in sideways consolidation since Sep. Must break above 3.46 to advance twds 3.50-3.60. Supports 3.30-3.35

KML889

1,092 posts

Posted by KML889 > 2023-11-30 12:43 | Report Abuse

Good good report card

Posted by StartOfTheBull > 2023-11-30 14:26 | Report Abuse

Dividend yield 5.9%, consistently, doesn't matter it being sold down.

troy88

3,013 posts

Posted by troy88 > 2023-12-01 09:03 | Report Abuse

Good, consistent div

Posted by newbie_2018 > 2023-12-26 10:31 | Report Abuse

ABMB is it Daim share? Daim heard under MACC(SPRM) checking.

myongcc5

708 posts

Posted by myongcc5 > 2023-12-29 17:07 | Report Abuse

HAPPY NEW YEAR TO ABMB SHolders.

Dehcomic01

340 posts

Posted by Dehcomic01 > 2024-02-13 08:26 | Report Abuse

Alliance Bank is the smallest Bursa Malaysia bank. While smaller than Affin Bank, its performance as measured by the ROE is far better than that of Affin. https://www.youtube.com/watch?v=4W7Lnw_hT0w
When you look at the ROE trend of Alliance, you can see that it had recovered from the Covid-19 years and overtaken its pre-Covid-19 peak But the market price has yet to reflect the better performance. https://i.postimg.cc/fyVxJQ5N/Alliance-bank.png
Does the market know something that I don’t or it it merely being irrational?

Posted by eugenewong794 > 2024-02-13 22:22 | Report Abuse

It used to be 2nd smallest, but since affin bank in the news, esp with sarawak acquisition, the share price has rallied, when i started investing in bursa last year, i wanted exposure to banking sector, so i chose 1 big bank and 1 small bank, for big bank i chose public as it is a safe option with very good ROE but valuation is higher but still reasonable, for small bank, it was between affin and ABMB, for me ABMB is the obvious choice, cos AFFIN prev majority shareholder is LTAT, they have 4 main ventures, AFFIN, BPLANT, PHARMA and BHIC, the latter 2 is PN17, 1 needed bailout from gov, the other has monopoly on medicine supply to KKM but still cant be profitable #onlyinmsia, 1 ady sold to LTAT after some issues with KLK, so LTAT dont have the best track record, ABMB undemanding valuation, good dividend yield of ~6%, focus on future SME and green financing, and decent management was the choice for me. The thing about MY banks is they are very safe, therefore cant expect too much growth, but still decent returns, i believe once the hype with affin is over, funds might turn their attention to ABMB, provided they can show good results

Posted by StartOfTheBull > 2024-02-14 05:54 | Report Abuse

Lower share price = higher dividend yield. It is time to add more.

1DERFUL

49 posts

Posted by 1DERFUL > 2024-03-20 15:07 | Report Abuse

Anyone has info why ABMB falling so much compare to other banks and Financial sector

speakup

27,019 posts

Posted by speakup > 2024-04-05 21:13 | Report Abuse

Abmb at 3 year high and u say falling????

Posted by StartOfTheBull > 2024-04-05 22:28 | Report Abuse

30 Nov 2022 closing was RM3.87.
Maybe what he meant falling so much is actually mean ABMB is lagging behind other banks in terms of share price.

speakup

27,019 posts

Posted by speakup > 2024-04-06 14:17 | Report Abuse

🤦

Posted by kokchengkai > 2024-05-30 13:21 | Report Abuse

good return stock with high % dividen...abmb worth above RM4

Posted by StartOfTheBull > 2024-05-30 13:46 | Report Abuse

But is still being ignored by analysts too. LOL

teknikal

184 posts

Posted by teknikal > 2024-05-30 14:36 | Report Abuse

Chart uptrend with share price above all SMA20, SMA50, SMA200. SMA is Simple Moving Average.

troy88

3,013 posts

Posted by troy88 > 2024-05-30 15:32 | Report Abuse

Wow, well done. Nice dividend. Glad I am still keeping this underrated bank stock

Posted by wallstreetrookieNEW > 2024-06-05 11:41 | Report Abuse

Any color on the latest SME loan growth numbers?

yaustan24

30 posts

Posted by yaustan24 > 2024-06-05 14:04 | Report Abuse

ABMB is a laggard stock despite exceptionally good results reported. At this rate, it is expected to drift lower due to selling pressure.

dawchok

548 posts

Posted by dawchok > 2024-06-06 18:13 | Report Abuse

Bought in for the expected 5.8% yield and leadership from DBS

1288Go

195 posts

Posted by 1288Go > 2024-06-22 13:44 | Report Abuse

Dawchok,
How is DBS involved with Alliance Bank?
Thank you..

Posted by bilisinvestor > 2024-07-02 06:30 | Report Abuse

Can this small bank survive in this more competitive market? With the emergence of the digital banks?

troy88

3,013 posts

Posted by troy88 > 2024-07-10 10:16 | Report Abuse

This underrated bank will slowly climb past RM4 in time..

EZMONEY13

297 posts

Posted by EZMONEY13 > 2024-07-17 15:54 | Report Abuse

@troy88 in just 1 week time haha congrats

troy88

3,013 posts

Posted by troy88 > 2024-07-17 16:21 | Report Abuse

Haha, I guess I weeks time is considered "slow". Good luck

troy88

3,013 posts

Posted by troy88 > 2024-08-14 10:13 | Report Abuse

Slow and steady. RM4.50 incoming..

EZMONEY13

297 posts

Posted by EZMONEY13 > 2024-08-19 10:11 | Report Abuse

Haha 50 cents at a time, ill take it

troy88

3,013 posts

Posted by troy88 > 2024-08-21 09:32 | Report Abuse

Nice, touched 4.50 as predicted. More to come. Many investors ignored this underrated bank stock with such good dividend yield when it was cheap couple of months ago.

ScotFree

135 posts

Posted by ScotFree > 2024-08-21 20:03 | Report Abuse

Huat ah! Hehehe

kenwilbur

87 posts

Posted by kenwilbur > 2 months ago | Report Abuse

Going down

troy88

3,013 posts

Posted by troy88 > 3 weeks ago | Report Abuse

New high. Congrats to the patient holders

troy88

3,013 posts

Posted by troy88 > 1 week ago | Report Abuse

Congrats to all loyal shareholders of underrated ABMB

mf

29,183 posts

Posted by mf > 1 week ago | Report Abuse

2024-11-11

Price Target

Alliance Bank Malaysia - Possible DBS Entry- the Evolutionary Next Stage? BUY
Source : RHB-OSK, Price Call : BUY, Price Target : 5.50
Last Price : 4.87, Upside/Downside : +0.63(12.94%)

mf

29,183 posts

Posted by mf > 1 week ago | Report Abuse

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troy88

3,013 posts

Posted by troy88 > 1 week ago | Report Abuse

DBS is a powerhouse bank in Asia and my biggest bank holding in my portfolio. I'd be delighted if DBS can buy a big stake in ABMB and power it to new heights!

tssl74

534 posts

Posted by tssl74 > 1 week ago | Report Abuse

@troy88...yes, Hope so.

ScotFree

135 posts

Posted by ScotFree > 4 days ago | Report Abuse

5.5

EZMONEY13

297 posts

Posted by EZMONEY13 > 4 days ago | Report Abuse

it takes 4 months to reach RM5, cool and steady la

mf

29,183 posts

Posted by mf > 2 days ago | Report Abuse

2488 ABMB, ALLIANCE BANK MALAYSIA BERHAD - +
Changes in Sub. S-hldr s Int (Section 138 of CA 2016)
15 Nov 2024, 07:00
Particular of Substantial Shareholder
Name EMPLOYEES PROVIDENT FUND BOARD
Address 5th Floor, EPF Tower, No 1, Persiaran Kwasa Utama, 40150 Shah Alam Selangor
Malaysia
NRIC/Passport No/Company No EPF ACT 1991
Nationality/Country of Incorporation Malaysia
Descriptions (Class & Nominal Value) Ordinary Shares
Name & Address of Registered Holder You are advised to read the entire contents of the announcement or
attachment. To read the entire contents of the announcement or attachment,
please access the Bursa website at http://www.bursamalaysia.com

Change Detail
Change Date 13 Nov 2024
Change Reason
Disposed

Nature of Interest 118996993

Transaction Detail
Transaction Type Date of Change No of Securities Price Transacted (RM)
Disposed 12 Nov 2024 518,000 0.000

No of Securities after Change
Direct Interest (units) 118,996,993
Direct Interest (%) 7.687
Total Share after Change 118,996,993

Remarks You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
N202411153600095EN

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