ALLIANCE BANK MALAYSIA BERHAD

KLSE (MYR): ABMB (2488)

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Last Price

5.02

Today's Change

+0.01 (0.20%)

Day's Change

5.00 - 5.04

Trading Volume

642,700


6 people like this.

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

stkstudent

245 posts

Posted by stkstudent > 2020-01-20 09:12 | Report Abuse

@PaulNewman & @Iconman, both of you practice 1st & 2nd level thinking ? no wonder both of you have same views.. Is there a 3rd level thinking ?

iphone4

132 posts

Posted by iphone4 > 2020-01-20 12:29 | Report Abuse

Education is not the learning of facts, but the training of the mind to think - AE. V cannot outsource our thinking to others. Icon88888 is just sharing his view and sharing is caring. If u feel it is "con job", just let it go.

Posted by Unkerpanjang > 2020-01-20 12:40 | Report Abuse

Mr Newman n Sifu I on raise strong points. Final decision on individual's circumstances of $$ reserves, patience, nerve of steel, FA & TA, etc....no guarantee....

stkstudent

245 posts

Posted by stkstudent > 2020-01-20 14:26 | Report Abuse

@iphone4 r u guilty conscience or what?? why do U say "if u feel it is a "con job" ?" did u read it in my points ?

stkstudent

245 posts

Posted by stkstudent > 2020-01-20 14:29 | Report Abuse

- "prospects for Banking sector does not look bright this year"

- "The banking sector at a whole is trading at depressed valuation even lower than the financial crisis."

any discrepancies here ?

stkstudent

245 posts

Posted by stkstudent > 2020-01-20 14:32 | Report Abuse

Icon8888 it is a golden opportunity to buy

Is it fair Qn to ask :

@Icon8888, you expect a +ve return on ABMB by end of this yr ?

i did not know U guys r so sunken in here...
20/01/2020 2:31 PM

iphone4

132 posts

Posted by iphone4 > 2020-01-20 15:35 | Report Abuse

@ my correction - if v feel it is a " con job" , let it go.

FuryKid

79 posts

Posted by FuryKid > 2020-01-20 19:03 | Report Abuse

waiting for 2.41 after next qr out

Icon8888

18,659 posts

Posted by Icon8888 > 2020-01-21 06:27 | Report Abuse

As shown here in this thread, most people lacks independent thinking

They are bearish if price goes down (even brings out working environment of alliance bank to discuss)

But I like them

It is exactly because of their existence we can make money in stocks

A million thanks

Posted by Philip (Can I advise you?) > 2020-01-21 07:05 | Report Abuse

Holland sifu. But at least for 30% of your portfolio behind alliance. Just don't get heart attack when the news come out.

10bagger10

1,007 posts

Posted by 10bagger10 > 2020-01-21 08:20 | Report Abuse

Good morning sifu icon

NavinShah

301 posts

Posted by NavinShah > 2020-01-21 08:30 | Report Abuse

Please be responsible in your comment. Some comments creates tension. So please, request all.

Ricky Kiat

1,356 posts

Posted by Ricky Kiat > 2020-01-21 09:46 | Report Abuse

dumb dumb buy a bit.....(^-^)

skybursa

1,483 posts

Posted by skybursa > 2020-01-21 09:56 | Report Abuse

Increasing my holding today.

Posted by ITreeinvestor > 2020-01-21 14:16 | Report Abuse

Yea, agree with Icon "It is exactly because of their existence we can make money in stocks".
By the way , you prefer Sam or Mini Sam? I'm looking to add some Aero segment into my porfolio

Posted by Unkerpanjang > 2020-01-21 15:23 | Report Abuse

New intra day low.

firehawk

4,782 posts

Posted by firehawk > 2020-01-21 16:40 | Report Abuse

break record again!

TA_trader

390 posts

Posted by TA_trader > 2020-01-21 18:18 | Report Abuse

Problem with this bank is the management (both middle and senior) and business model. Untill their staff ranking with VP and above been totally cleared out/restructured, simply no catalyst for this counter. Most of them are just here to weed the organisation out (high pay, decent bonus, share options). That is why the share prices are sinking.

TA_trader

390 posts

Posted by TA_trader > 2020-01-21 18:18 | Report Abuse

share price is sinking*

Posted by stock_investor > 2020-01-21 18:49 | Report Abuse

I follow icon sifu recommendation. Hope not wrong.

Cakes Moon

6,930 posts

Posted by Cakes Moon > 2020-01-21 20:30 | Report Abuse

Everyday banking stocks are falling. Better stay away.

Maybank8

26 posts

Posted by Maybank8 > 2020-01-21 20:51 | Report Abuse

True is for smaller banks eg ABMB, Affin not Maybank.

Posted by Cakes Moon > Jan 21, 2020 8:30 PM | Report Abuse
Everyday banking stocks are falling. Better stay away.

Weida2000

246 posts

Posted by Weida2000 > 2020-01-22 11:33 | Report Abuse

https://www.theedgemarkets.com/article/rhb-ib-upgrades-alliance-bank-target-price-rm290


KUALA LUMPUR (Jan 21): RHB Investment Bank Bhd has upgraded Alliance Bank Malaysia Bhd (ABMB) to “Buy” at RM2.56 with a target price of RM2.90 and said asset quality is likely to stabilise in the upcoming quarter – though minor stresses can still be seen – and improve sequentially.

Weida2000

246 posts

Posted by Weida2000 > 2020-01-22 11:33 | Report Abuse

very positive!!!

Posted by Unkerpanjang > 2020-01-22 11:58 | Report Abuse

Them people push up prices, sell into rally...

skybursa

1,483 posts

Posted by skybursa > 2020-01-22 12:12 | Report Abuse

All attention focus on glove counter right now. Banking stocks still a good buy. Nothing to worries

Kyou

1,225 posts

Posted by Kyou > 2020-01-22 12:42 | Report Abuse

wow....will hit new low ..??

firehawk

4,782 posts

Posted by firehawk > 2020-01-22 14:44 | Report Abuse

No lah ... Sifu and clever investors don't like Maybank lah, bcos is expensive .....

They choose ABMB and Affin, bcos are very cheap, can very HUAT AH !


Posted by Maybank8 > Jan 21, 2020 8:51 PM | Report Abuse

True is for smaller banks eg ABMB, Affin not Maybank.

Posted by Cakes Moon > Jan 21, 2020 8:30 PM | Report Abuse
Everyday banking stocks are falling. Better stay away.

stncws

10,710 posts

Posted by stncws > 2020-01-22 15:12 | Report Abuse

icon8888 is sweating now....2.45

stncws

10,710 posts

Posted by stncws > 2020-01-22 15:12 | Report Abuse

after CNY buy !!! Rm2.40

stncws

10,710 posts

Posted by stncws > 2020-01-22 15:14 | Report Abuse

They are bearish if price goes down (even brings out working environment of alliance bank to discuss)


IT DOES AFFECTS OVERALL

firehawk

4,782 posts

Posted by firehawk > 2020-01-22 15:23 | Report Abuse

Posted by stncws > Jan 22, 2020 3:12 PM | Report Abuse

icon8888 is sweating now....2.45

~No lah, Sifu will post again something like this,

Posted by Icon8888 > Jan 12, 2020 5:00 PM | Report Abuse

Please drop below 2

Please

~Sifu is a very clever person, especially has good talent in talking ...

cpng

1,575 posts

Posted by cpng > 2020-01-22 15:33 | Report Abuse

Bing!!##降息!!!
At its meeting today, the Monetary Policy Committee (MPC) of Bank Negara Malaysia decided to reduce the Overnight Policy Rate (OPR) to 2.75 percent. The ceiling and floor rates of the corridor of the OPR are correspondingly reduced to 3.00 percent and 2.50 percent, respectively.

FuryKid

79 posts

Posted by FuryKid > 2020-01-22 15:34 | Report Abuse

waiting 2.38

Cakes Moon

6,930 posts

Posted by Cakes Moon > 2020-01-22 15:45 | Report Abuse

Don't touch on banking stocks!!!

Posted by KClohloh > 2020-01-22 16:00 | Report Abuse

Icon888, dont forget to take medicine

Iconn8888

144 posts

Posted by Iconn8888 > 2020-01-22 16:20 | Report Abuse

oh no.... cut loss

Posted by Unkerpanjang > 2020-01-22 16:23 | Report Abuse

Klse sinking....

Posted by Unkerpanjang > 2020-01-22 16:24 | Report Abuse

PH hopeless.... Useless FM, EM, PM, etc.

Posted by Unkerpanjang > 2020-01-22 16:26 | Report Abuse

Sifu, has lots more bullets in reserves... Don't kacau him. Take care ourselves.

nobirdie

18 posts

Posted by nobirdie > 2020-01-22 16:39 | Report Abuse

Why said so?

Posted by Cakes Moon > Jan 22, 2020 3:45 PM | Report Abuse

Don't touch on banking stocks!!!

GENER

224 posts

Posted by GENER > 2020-01-22 17:13 | Report Abuse

现在是买进银行股是最佳时期了。之前没有子弹错过了种植股,这次银行股不要再错过了。买了等1-2年。翻倍不是梦

chkhooju

1,706 posts

Posted by chkhooju > 2020-01-22 17:17 | Report Abuse

Don't touch banking stocks and don't touch on banking stocks have different meaning altogether. Please do mind your language.

Posted by stocksyndicate > 2020-01-22 17:33 | Report Abuse

I'm buying. Rate will recover.

newbie911

1,111 posts

Posted by newbie911 > 2020-01-22 19:05 | Report Abuse

Gg again...haha

value88

711 posts

Posted by value88 > 2020-01-22 22:15 | Report Abuse

ABMB's stock price dropped to new multi-years low today, I added more.
One interesting point to highlight here :
Last quarterly EPS has actually shown improvement QoQ and earnings was actually not bad. It's stock price rose immediately after the quarterly announcement showing market is reacting positively to its last quarterly results. But, its stock price subsequently came down till today's level. Market is irrational, so take the opportunity.

TA_trader

390 posts

Posted by TA_trader > 2020-01-22 23:12 | Report Abuse

you are right value88. Buy more please, dont wait already.

stncws

10,710 posts

Posted by stncws > 2020-01-23 00:42 | Report Abuse

RM 2.2 TO RM 2.3. BUY

Posted by TradeLearner > 2020-01-23 03:57 | Report Abuse

This is a good stock with prospect with the OPR cut there will be temporary drop in revenue before it recovers. Be patient, stay away and monitor the stock for buy opportunity in May 2020 after quarter result is out. From that point onwards, moving forward will be all positive with no further OPR cut.

Why park your money here for next few months while waiting for it to be re-rated? You are better off if you look for opportunity elsewhere while monitoring it.

The price now is cheap, but you can get it cheaper. Be patient.

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