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

Posted by wallstreetrookie > 2022-07-06 15:04 | Report Abuse

2.25%

Posted by wallstreetrookie > 2022-07-06 15:16 | Report Abuse

Ambank for the win

Posted by wallstreetrookie > 2022-07-19 11:19 | Report Abuse

Bearish on Alliance Bank.

Posted by wallstreetrookie > 2022-07-19 11:30 | Report Abuse

Sell-side analyst still promoting Alliance Bank. Short and dump it all

Posted by wallstreetrookie > 2022-07-23 22:37 | Report Abuse

"Maintain OUTPERFORM and TP of RM4.00. Our TP is based on a GGM-derived PBV of 0.88x (COE: 11.0%, TG: 3.0%, ROE: 10%) on its estimated CY23 BVPS of RM4.56. The group’s dividend-ROE stands at an attractive level between the smaller cap banks. This is aided by the group returning to pre-pandemic payouts (50%) which we believe could whet up better appetite among investors. All in, we do not think it is farfetched for investors to possibly enjoy yields of c.7%, the second most attractive payout within the banking space." - Kenanga

Kenanga Research is WRONG. SMEs will suffer more than corporations this quarter in an economic downturn. Alliance Bank leans heavily towards SMEs. Better buy bank stocks that rely less heavily on sme

Posted by wallstreetrookie > 2022-07-23 22:37 | Report Abuse

I miss the old kenanga equity analysis. Now it is not worth reading anymore

Posted by wallstreetrookie > 2022-07-26 11:04 | Report Abuse

Alliance Bank is MCA bank
Ambank is Barisan Nasional bank

kyliew

1,397 posts

Posted by kyliew > 2022-07-28 20:47 | Report Abuse

US economy is technically in recession with the latest Q2 GDP data out

Posted by StartOfTheBull > 2022-07-28 21:01 | Report Abuse

According to the local business news articles, Malaysia finance and bank stocks, among others are usually investors' favourites when general election date is about to be announced or near.

Posted by wallstreetrookie > 2022-07-29 09:56 | Report Abuse

@StartOfTheBull wrong

Posted by StartOfTheBull > 2022-07-29 12:44 | Report Abuse

@wallstreetrookie
You can prove me wrong if you say I am cheating. By the way, why do you hate ABMB so much?

Posted by StartOfTheBull > 2022-09-02 19:32 | Report Abuse

True. Expecting another handsome dividend at end of November 22.

VTrade

2,434 posts

Posted by VTrade > 2022-09-06 13:22 | Report Abuse

Lucy say cannot touch Bank
But dontknow why

Posted by StartOfTheBull > 2022-09-07 19:21 | Report Abuse

EPF was playing contra for this stock last few days.

Posted by redhotpepper > 2022-09-20 11:52 | Report Abuse

Hmm...doesnt look good

Posted by Bursascreener > 2022-10-20 16:57 | Report Abuse

阻力突破以巨大的看涨蜡烛,价格交易 avoe 20,50 和 200 MA。 享受车程。 关注更多技术。

TeckGor

78 posts

Posted by TeckGor > 2022-11-29 14:48 | Report Abuse

Alliance Bank Bhd will look into expanding into new areas beyond SME to accelerate its business growth

TeckGor

78 posts

Posted by TeckGor > 2022-11-29 14:49 | Report Abuse

"The bank has doubled its new-to-bank customer acquisition year-on-year, acquiring approximately 44,000 customers through various digital solutions including e-Know Your Customer (e-KYC), Alliance Digital SME, BizSmart mobile app, BizSmart eTrade, and allianceonline mobile app.

"The achievement puts the bank on track towards the target of acquiring 80,000 new-to-bank customers by end FY2023,

TeckGor

78 posts

Posted by TeckGor > 2022-11-29 14:49 | Report Abuse

The bank's cost-to-income ratio remained stable at 43.9%.

Over the period, Alliance Bank recorded an overall loans growth of 6.7%, which it said was attributable to the growth in SME banking and commercial banking.

Customer-based funding was 8.4% higher y-o-y and current account savings account (Casa) ratio was 48.7%.

In terms of capital positions and liquidity, common equity Tier-1 (CET 1) was 15.1% while Tier-1 capital ratio was 16.4%.

Total capital ratio stood at 20.5%, liquidity coverage ratio was 164.4% and loan-to-fund ratio was 85.7%.

Posted by StartOfTheBull > 2022-11-30 19:11 | Report Abuse

Slow pace stock, but come with good return, the best part is, no stress.

xiiaodi

25 posts

Posted by xiiaodi > 2022-12-16 09:40 | Report Abuse

Alliance Bank Malaysia Bhd’s net profit fell 8.2% to RM158.42 million or 10.23 sen per share in the second quarter ended Sept 30, 2022 (2QFY2023) from RM172.74 million or 11.16 sen per share a year ago due to higher allowance for expected credit losses.

xiiaodi

25 posts

Posted by xiiaodi > 2022-12-16 09:41 | Report Abuse

1HFY2023 net credit cost improved to 12.3 bps as customers successfully graduate from the payment relief programmes. The loans under relief reduced to RM1.97 billion, representing 4.2% of the bank’s total loan book.

xiiaodi

25 posts

Posted by xiiaodi > 2022-12-16 09:42 | Report Abuse

All customers under moratoria have now graduated, and the bank will continue to assist customers who need further financial assistance.

Posted by StartOfTheBull > 2022-12-17 14:14 | Report Abuse

Price unexpectedly surged even after ex dividend. Undeniably a good dividend stock.

Posted by Chua See How > 2022-12-18 11:34 |

Post removed.Why?

Posted by StartOfTheBull > 2023-02-27 16:28 | Report Abuse

All banks have already shot up, except this "turtle" is still lagging behind. What the heck is going on?

NESARAJAH1

404 posts

Posted by NESARAJAH1 > 2023-02-27 18:19 | Report Abuse

Be patient. They know what they are doing. This is for long term

NESARAJAH1

404 posts

Posted by NESARAJAH1 > 2023-02-27 18:20 | Report Abuse

Giving u an opportunity to buy cheap.

speakup

27,202 posts

Posted by speakup > 2023-02-27 21:17 | Report Abuse

already back to pre-covid level lah

Posted by StartOfTheBull > 2023-02-27 21:24 | Report Abuse

QR tomorrow after 12.30pm.

pang72

51,982 posts

Posted by pang72 > 2023-02-28 17:49 | Report Abuse

Good QR!
No wonder 99 boss keeps sapu

Posted by StartOfTheBull > 2023-02-28 18:16 | Report Abuse

But yesterday lelong sales nobody interested. Haha

troy88

3,087 posts

Posted by troy88 > 2023-03-01 09:44 | Report Abuse

Good QR but lackluster share performance a bit like PBB. Never mind, drop more I will makan

pang72

51,982 posts

Posted by pang72 > 2023-03-04 16:24 | Report Abuse

Look good leh..
Wait for it drop more then buy

pang72

51,982 posts

Posted by pang72 > 2023-03-06 13:35 | Report Abuse

Hello, don't push up the price.. Wait

Posted by wallstreetrookieNEW > 2023-03-06 16:51 | Report Abuse

the more we go up

Posted by StartOfTheBull > 2023-03-06 18:35 | Report Abuse

Rookie is still here.

troy88

3,087 posts

Posted by troy88 > 2023-03-07 10:58 | Report Abuse

Still cheap. ABMB is worth at least above 3.80

skl_81

180 posts

Posted by skl_81 > 2023-03-10 10:35 | Report Abuse

Down more is good news! Right?

hhhiii123

826 posts

Posted by hhhiii123 > 2023-03-20 20:04 | Report Abuse

Will shark push down to 2.80 lol?

Posted by StartOfTheBull > 2023-03-20 21:01 | Report Abuse

Foreign funds retreat.

aklobi

317 posts

Posted by aklobi > 2023-03-21 16:07 | Report Abuse

I have been collecting with every price drop

aklobi

317 posts

Posted by aklobi > 2023-03-23 16:27 | Report Abuse

I would like to be included in group discussions please.. is there a more active platform?

foxyyy

4 posts

Posted by foxyyy > 2023-03-25 12:30 | Report Abuse

TP 3.19

Posted by StartOfTheBull > 2023-03-25 13:53 | Report Abuse

Although Malaysia banks are still fundamentally strong but the fear from the ripple of the collapse of SV Bank is still there. Yes, I think RM3.19 is possible next week.

aklobi

317 posts

Posted by aklobi > 2023-03-29 20:31 | Report Abuse

Chill, fear no more.. Everything is under control.. I accumulated more at the right time. Thanks for those who sold.

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