ALLIANCE BANK MALAYSIA BERHAD

KLSE (MYR): ABMB (2488)

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Last Price

4.81

Today's Change

+0.04 (0.84%)

Day's Change

4.76 - 4.82

Trading Volume

2,497,800


6 people like this.

1,849 comment(s). Last comment by turbochart 4 days ago

liegelord

341 posts

Posted by liegelord > 2020-10-22 16:02 | Report Abuse

luckily didnt buy...

kl_guy

1,615 posts

Posted by kl_guy > 2020-10-22 17:52 | Report Abuse

one day show . yesterday up today down . back to square 1.

Sailangking

1,912 posts

Posted by Sailangking > 2020-10-24 09:07 | Report Abuse

good fundamental. what to worry...

TA_trader

390 posts

Posted by TA_trader > 2020-10-26 12:54 | Report Abuse

buy more. dont try to convince others.

xing

57 posts

Posted by xing > 2020-10-28 11:37 | Report Abuse

Alliance Bank Malaysia Bhd has successfully issued RM1.2 billion Basel III-compliant Tier 2 Subordinated Medium Term Notes (Sub-MTNs) under its existing RM2 billion Sub-MTN programme.

xing

57 posts

Posted by xing > 2020-10-28 11:37 | Report Abuse

the bank said the Sub-MTNs had been issued in three tranches with maturity tenure of between 10 and 15 years.

xing

57 posts

Posted by xing > 2020-10-28 11:38 | Report Abuse

Alliance Bank has the option to redeem the Sub-MTNs five years before the stated maturities,” it said, adding that it has RM1.2 billion existing Sub-MTNs, namely tranches of RM900 million and RM300 million, callable on Oct 27 and Dec 18 this year respectively.
During the book-building exercise, only RM900 million Sub-MTNs were offered initially to investors to replace the Sub-MTNs that were callable this month.
Due to overwhelming demand from investors with more than two times book cover, the bank decided to upsize the offerings, bringing the total issue to RM1.2 billion in a single tap.
The auction closed with the Sub-MTNs priced competitively between 3.60% per annum and 4.05% per annum

xing

57 posts

Posted by xing > 2020-10-28 11:39 | Report Abuse

Alliance Bank group chief executive officer (CEO) Joel Kornreich said the success of this transaction reflects investors’ confidence in the bank’s financial strength and long-term prospects.
We are pleased that they recognise the bank’s efforts in helping our customers weather the current pandemic while keeping the bank safe.Meanwhile, Alliance Investment Bank CEO Michael Ng said the transaction demonstrated the resilience of the Malaysian debt capital market, which remains a viable option for companies to diversify funding sources. While investors remain selective, there is currently ample liquidity available and investors are looking for bonds or sukuk with strong credit ratings to stabilise portfolio returns,

Alfonso

3,116 posts

Posted by Alfonso > 2020-10-29 14:04 | Report Abuse

Do not play play with this hidden gem.

Posted by shareinvestor88 > 2020-11-01 15:10 | Report Abuse

cut cut TP 1

Posted by monique1968 > 2020-11-01 22:25 | Report Abuse

Will drop further, be patience

123eztrade

642 posts

Posted by 123eztrade > 2020-11-03 14:41 | Report Abuse

impossible la

Plantermen

2,253 posts

Posted by Plantermen > 2020-11-11 10:56 | Report Abuse

Banking stocks was yesterday biggest winner. Pbb jump almost 2.oo

Aurora13

563 posts

Posted by Aurora13 > 2020-11-11 20:54 | Report Abuse

Abmb is extremely steady, if you look at cimb, this is a bullet proof bank atock

kl_guy

1,615 posts

Posted by kl_guy > 2020-11-12 10:15 | Report Abuse

look like abmb no more volume. mean no one willing to sell t this price, everyone holding....maybe anticipate bull coming.

Pudica

446 posts

Posted by Pudica > 2020-11-12 10:38 | Report Abuse

long queue on buying, just not yet bull. Not sure will have dividend or not this year

kl_guy

1,615 posts

Posted by kl_guy > 2020-11-12 15:11 | Report Abuse

abmb 2.37 sapu, 2.38 sapu...this time really bullish.

kl_guy

1,615 posts

Posted by kl_guy > 2020-11-12 16:42 | Report Abuse

the force is too strong 2.40 also kena sapu. look like this time betul bull run.

Posted by James James > 2020-11-13 10:05 | Report Abuse

heard no dividend this year....2020 is a bad year for all banks

kl_guy

1,615 posts

Posted by kl_guy > 2020-11-13 10:33 | Report Abuse

again no volume ...mean no profit taking yet...other word...good news

kl_guy

1,615 posts

Posted by kl_guy > 2020-11-16 11:25 | Report Abuse

if this quarter report out with earning sure will push up further. just patiently wait and to the bank.

Plantermen

2,253 posts

Posted by Plantermen > 2020-11-16 15:28 | Report Abuse

Their MTN { 1.2B} was oversubscribed. Forthcoming 2qtr result expected to improved further

kl_guy

1,615 posts

Posted by kl_guy > 2020-11-18 09:24 | Report Abuse

bullish market, no big volume ...means no one selling. good sign.

kl_guy

1,615 posts

Posted by kl_guy > 2020-11-19 09:20 | Report Abuse

when will be the q-report out?

Posted by James James > 2020-11-19 09:44 | Report Abuse

Today Maybank drops 20 Sen,bad sign for bank shares

Posted by James James > 2020-11-19 09:45 | Report Abuse

Opposition parties will not support budget 2021 tabled by Muhyddin on 25 Nov

kl_guy

1,615 posts

Posted by kl_guy > 2020-11-19 11:48 | Report Abuse

Bank will still make money even we change gov again. It might be temporary draw back , long run will still go back to it NTA level. I still look forward for a 3.50 - 4.00 level. highly this quarter report will positive to share price.

zhen wei & JP

1,175 posts

Posted by zhen wei & JP > 2020-11-20 09:56 | Report Abuse

Green time

Posted by Jonathan Keung > 2020-11-21 07:13 | Report Abuse

Alliance bank drop from 3.00+ to current level 2.50+ after write off { kitchen sinking exercise }

Plantermen

2,253 posts

Posted by Plantermen > 2020-11-21 10:27 | Report Abuse

No more interest rate cuts in December

zhen wei & JP

1,175 posts

Posted by zhen wei & JP > 2020-11-25 12:06 | Report Abuse

Each sen up goes to the bank.

Sabah1971

51 posts

Posted by Sabah1971 > 2020-11-30 10:13 | Report Abuse

Maybank IB Retail Research 11 corporates that Maybank IB covers released results last Friday (27 Nov). Four were above expectations, six came in within expectations while one was below expectation. A quick review: Above expectations: Public Bank (Hold, TP: MYR18.80), Hong Leong Financial Group (Hold, TP: MYR16.00), Alliance Bank (Hold, TP: MYR2.85), Axiata Group (Hold, TP: MYR3.90) Below expectation: CIMB Group (Hold, TP: MYR3.85) Within expectations: Hong Leong Bank (Buy, TP: MYR19.10), Padini (Buy, TP: MYR3.27), Sunway (Buy, TP: MYR1.55), Greatech Technology (Hold, TP: MYR8.90), QL Resources (Sell, TP: MYR4.53), Icon Offshore (Sell, TP: MYRO.07)

kl_guy

1,615 posts

Posted by kl_guy > 2020-12-01 10:17 | Report Abuse

slow and steady ...1sen up each day

Posted by Snowpiercer > 2020-12-01 15:05 | Report Abuse

slowly but surely.... so cheap

NavinShah

301 posts

Posted by NavinShah > 2020-12-02 07:41 | Report Abuse

It surely will go up. Its so sooooooo cheap.

NavinShah

301 posts

Posted by NavinShah > 2020-12-02 07:44 | Report Abuse

In financial sector this the stock to look out. Steady profits.

Plantermen

2,253 posts

Posted by Plantermen > 2020-12-03 13:10 | Report Abuse

Alliance bank back by Singapore temasek holdings

fishchu

64 posts

Posted by fishchu > 2020-12-03 22:19 | Report Abuse

While asset quality has been a concern to the banks given the strong economic headwinds, nonetheless half of the banks have achieved better sequential performance. Some see this as a saving grace that the country’s banking system is resilient, a critical factor that is needed for the domestic economy to bounce back.
Malayan Banking Bhd (Maybank) was the only lender that saw its net profit double or up 107.32% q-o-q in net profit for 3Q20. The banking group also declared an interim dividend of 13.5 sen per share during the quarter.
Other than Maybank, BIMB was the only other bank that declared a dividend of 12.6 sen per share in the quarter.
However, on a y-o-y basis, it is down 2.32% — still considered a commendable achievement.
RHB Bank Bhd (+55.3% q-o-q), Public Bank Bhd (+39.03% q-o-q) and Hong Leong Bank Bhd (+28.01% q-o-q) achieved solid double-digit growth for 3Q20 as most of them made large loan loss provisions in the preceding quarter in preparation to withstand the headwinds.
Among others, AMMB Holdings Bhd saw the biggest drop by 35.01% q-o-q in 3Q20, followed by CIMB Group Holdings Bhd (-29.82% q-o-q), Affin Bank Bhd (-27.72% q-o-q), BIMB Holdings Bhd (-11.25% q-o-q) and Alliance Bank Malaysia Bhd (-0.35% q-o-q).

NavinShah

301 posts

Posted by NavinShah > 2020-12-04 07:41 | Report Abuse

Alliance Bank is it good buy at RM2.65??????

NavinShah

301 posts

Posted by NavinShah > 2020-12-04 07:42 | Report Abuse

Maybank also declared a dividend right????

Posted by Jonathan Keung > 2020-12-04 11:09 | Report Abuse

Alliance bank still hibernating look at Cimb and other banking counters

NavinShah

301 posts

Posted by NavinShah > 2020-12-04 14:39 | Report Abuse

Operators have not collect enough. Small investors are piling. That is why operators not pushing the price up. Ones they collect enough they push it up to at RM3-50?????

Pudica

446 posts

Posted by Pudica > 2020-12-04 15:43 | Report Abuse

Price below 3 is safe to collect

Pudica

446 posts

Posted by Pudica > 2020-12-04 15:44 | Report Abuse

EPF just sapu yesterday, and I am sure today EPF get some too

Pudica

446 posts

Posted by Pudica > 2020-12-04 15:45 | Report Abuse

Cheap bank share to collect as much as possible before up 3 above

NavinShah

301 posts

Posted by NavinShah > 2020-12-07 09:37 | Report Abuse

US$0.70cents only. Why cannot hold or why cannot buy. It will fly.

Posted by trend_first > 2020-12-08 17:55 | Report Abuse

Recovery stock

Goodprofit

1,022 posts

Posted by Goodprofit > 2020-12-09 11:26 | Report Abuse

a bonus issue is coming?

Goodprofit

1,022 posts

Posted by Goodprofit > 2020-12-09 15:02 | Report Abuse

like gloves, sector follow Top , Superman , Kossan bonus issues

Plantermen

2,253 posts

Posted by Plantermen > 2020-12-10 08:58 | Report Abuse

Alliance bank owned by Temasek Holdings { Singapore} unlikely PBB or any parties will take over

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