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

Dehcomic01

351 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

60 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

27,202 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

27,202 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

3,087 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

601 posts

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

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

1288Go

198 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

3,087 posts

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

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

EZMONEY13

299 posts

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

@troy88 in just 1 week time haha congrats

troy88

3,087 posts

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

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

troy88

3,087 posts

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

Slow and steady. RM4.50 incoming..

EZMONEY13

299 posts

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

Haha 50 cents at a time, ill take it

troy88

3,087 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

159 posts

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

Huat ah! Hehehe

kenwilbur

87 posts

Posted by kenwilbur > 2024-08-30 10:54 | Report Abuse

Going down

troy88

3,087 posts

Posted by troy88 > 2 months ago | Report Abuse

New high. Congrats to the patient holders

troy88

3,087 posts

Posted by troy88 > 1 month ago | Report Abuse

Congrats to all loyal shareholders of underrated ABMB

mf

29,385 posts

Posted by mf > 1 month 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

29,385 posts

Posted by mf > 1 month ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

44,293.13

+304.14

0.69%

Nasdaq

NASDAQ Composite

19,298.76

+11.98

0.06%

troy88

3,087 posts

Posted by troy88 > 1 month 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

537 posts

Posted by tssl74 > 1 month ago | Report Abuse

@troy88...yes, Hope so.

ScotFree

159 posts

Posted by ScotFree > 1 month ago | Report Abuse

5.5

EZMONEY13

299 posts

Posted by EZMONEY13 > 1 month ago | Report Abuse

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

mf

29,385 posts

Posted by mf > 1 month 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

tssl74

537 posts

Posted by tssl74 > 1 month ago | Report Abuse

Anyone has any further update for this counter?

Posted by Creations > 3 weeks ago | Report Abuse

Dip to 4.96. Quite hurt.

StarOfTheBull

8,061 posts

Posted by StarOfTheBull > 3 weeks ago | Report Abuse

Expecting dividend announcement and QR out by tomorrow or this Friday.

Posted by Creations > 3 weeks ago | Report Abuse

Isn't that great news ? But it seems opposite way lol

tssl74

537 posts

Posted by tssl74 > 3 weeks ago | Report Abuse

@Creations
You bought at high price?

tssl74

537 posts

Posted by tssl74 > 3 weeks ago | Report Abuse

Hope for gd news

Posted by Creations > 3 weeks ago | Report Abuse

I bought at 5. Still holding while waiting something good.

EZMONEY13

299 posts

Posted by EZMONEY13 > 3 weeks ago | Report Abuse

Profit & rev QOQ YOY high, dividend lower, why !

Posted by Creations > 2 weeks ago | Report Abuse

div lower, and share price dip. from former maybank ceo. it aint right.

EZMONEY13

299 posts

Posted by EZMONEY13 > 1 week ago | Report Abuse

What aint right

turbochart

598 posts

Posted by turbochart > 4 days ago | Report Abuse

US Fed meeting LIVE Updates: US central bank likely to slow its rate cuts, dollar strong ahead of meeting

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