Posted by Plantermen > 2 months ago | Report Abuse

Sentiment affected by Iran counter strike retailation against Israel overpay. Technically wallstreet have more or less down play the ongoing escalation the Middle East conflict. Israel is aware Iran is a big military power block In the Middle East

Posted by TheContrarian > 2 months ago | Report Abuse

In Sarawak's heart, where rivers flow,
A leader's hand, a steady show.
Abang Jo, a name renowned,
Affin's shares, now firmly bound.

With wisdom gained and experience keen,
A corporate realm, a vibrant scene.
A takeover, a strategic move,
A future bright, for all to groove.

Though challenges lie ahead, it's true,
Abang Jo's guidance, will see it through.
Affin's shares, a promising sight,
A beacon of hope, shining bright.

Posted by TheContrarian > 2 months ago | Report Abuse

Shorted and scorned, a fallen star,
Affin's worth, concealed so far.
But in the depths, a spark ignites,
A phoenix rising, shining bright.

With every doubt, a strength grows deep,
A silent force, a future's keep.
The market's game, a fickle test,
But Affin's spirit, stands the best.

A day will dawn, a tide will turn,
The short-sellers' schemes will burn.
Affin's ascent, a glorious sight,
A beacon of hope, shining bright.

Posted by LubeTrader > 2 months ago | Report Abuse

😄

Posted by Jonathan Keung > 2 months ago | Report Abuse

A good one Mr contratrian

Posted by Eagle77 > 2 months ago | Report Abuse

Awaiting at 2.00 ⬇️🩸

Posted by TheContrarian > 2 months ago | Report Abuse

Once scorned and shunned, a stock so low,
Affin, undervalued, a painful blow.
Short sellers flocked, their bets were made,
A downward spiral, a fearful trade.

But tides can turn, markets can mend,
Affin's worth, it starts to ascend.
Rumors spread, a catalyst's gleam,
Short sellers panic, their profits scream.

Buybacks begin, a hasty retreat,
The downward spiral, a painful defeat.
The tables turn, the tide has swayed,
Affin's value, no longer delayed.

Posted by TheContrarian > 2 months ago | Report Abuse

Beneath the skies of Sarawak's grace,
A leader stands, with wisdom's trace.
Abang Jo, a name renowned and bright,
Will guide Affin towards a shining light.

With steadfast hand and heart of gold,
He'll steer the bank, a tale untold.
Affin's future, secure and grand,
Under his guidance, across the land.

The share price, a soaring bird, will fly,
As trust and confidence multiply.
Investors' faith, a beacon's gleam,
Will fuel Affin's prosperous dream.

Posted by TheContrarian > 2 months ago | Report Abuse

Forum here so quiet. Where have everyone gone?

Posted by TheContrarian > 2 months ago | Report Abuse

Yesterday Affin closed 4 sen higher, today another 4 sen higher. Will tomorrow see another 4 sen gain?

Posted by TheContrarian > 2 months ago | Report Abuse

Monday Affin closed 4 sen higher, yesterday closed another 4 sen higher, today 6 sen higher.

Posted by TheContrarian > 2 months ago | Report Abuse

A gem oft overlooked, a stock unpraised,
Affin, undervalued, its worth unrazed.
But tides are turning, a shift in the air,
Affin's share price, poised to declare.

From shadows of doubt, it starts to ascend,
A beacon of hope, a trend to transcend.
Investors awaken, their eyes now see,
The potential within, wild and free.

With every tick up, a whisper of cheer,
Affin's ascent, dispelling all fear.
A journey of growth, a story untold,
A tale of resilience, a future bold.

Posted by TheContrarian > 2 months ago | Report Abuse

Affin closed 4 sen up on Monday, another 4 sen up on Tuesday and 6 sen up today. Tomorrow will Affin close another 6 sen up?

Posted by TheContrarian > 2 months ago | Report Abuse

Several people recently boldly said that Affin will crash to RM2, hahaha 🤣🤣🤣

Posted by Dehcomic01 > 2 months ago | Report Abuse

Affin – will a change of shareholders improve performance

The performance of Bursa banking group Affin over the past 12 year was nothing to shout about. Its performance, measured against a panel of 10 Bursa Malaysia banks, is below the sector median across key metrics such as returns, efficiency, and loan performance. However, it has improved its capital adequacy ratio.

But I would not consider Affin is a value trap as it remains profitable with a margin of safety over 30% based on the asset value. However, it lacks a sufficient margin of safety under the earnings value.

The Sarawak State Government has recently acquired a substantial stake in the bank. There is hope that the state would divert its funds to Affin thereby improving its deposits and hopefully grow its loans. But if the challenge is efficiency and loan performance, I am not sure whether there would be a quantum leap in performance. For more insights refer to page 20 of INVEST

https://notice.shareinvestor.com/email/newsletter/invest/pdf/Vol229-Invest-18Oct.pdf
 

Posted by TheContrarian > 2 months ago | Report Abuse

Go, go, go Affin.

Posted by Ny036 > 1 month ago | Report Abuse

Any dividend will declare this or next month?

Posted by nisah395 > 1 month ago | Report Abuse

Ambank already above RM5, Affin still below RM3

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%

Posted by Amazing > 1 month ago | Report Abuse

AFFIN,,,, GOOD BUY !!!

Posted by loribalak > 1 month ago | Report Abuse

Careful guys. Must look at the quality of the profits. If profitability is maintained by reversing provisions instead of the normal course of business... then it is bad news

Posted by TheContrarian > 1 month ago | Report Abuse

After having sold at RM3.00 end of October, it's time to buy back tomorrow.

Posted by aklobi > 1 month ago | Report Abuse

Overbought, speculative, price not justified, waiting for RM2 or around

Posted by loribalak > 1 month ago | Report Abuse

Yes RM2 would be a good buy. It will take quite a while for Sarawak to clean up Affin

Posted by nisah395 > 4 weeks ago | Report Abuse

QR out

Posted by KingKKK > 4 weeks ago | Report Abuse

AFFIN: Strong Q3, Intrinsic Value RM3.03

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-11-22-story-h474754653-AFFIN_Strong_Q3_Intrinsic_Value_RM3_03

Posted by Steve Lomas > 4 weeks ago | Report Abuse

When will AFFIN declare dividend?

Posted by nisah395 > 4 weeks ago | Report Abuse

The bank's revenue for the quarter increased by 22.44% year-on-year to RM612.77mil.

PETALING JAYA: Affin Bank Bhd expects the overall outlook for the domestic banking sector to remain favourable for the remainder of 2024 supported by steady loan and financial growth as well as stable asset quality.

In a filing with Bursa Malaysia, the banking group warned competition for deposits is expected to persist and intensify towards the end of the year, which may have implications on the overall industry’s cost of deposits.

Posted by TheContrarian > 3 weeks ago | Report Abuse

Affin where can fall to RM2? 🤣🤣🤣

Posted by TheContrarian > 3 weeks ago | Report Abuse

Maybe can fall to RM2.80 but RM2??? 🤣🤣🤣

Posted by turbochart > 3 weeks ago | Report Abuse

Sarawak+Affin=SharkFin Bank🤣😁

Posted by nisah395 > 3 weeks ago | Report Abuse

Boustead exits Affin Bank after selling entire 20% stake
By Justin Lim / theedgemalaysia.com
26 Nov 2024, 11:35 pm

Posted by turbochart > 3 weeks ago | Report Abuse

Why J buy from L & B @ RM5?

Posted by James Ng > 3 weeks ago | Report Abuse

砂拉越州政府成为最大股东，也采用了新标志，case study: AFFIN BANK
https://klse.i3investor.com/web/blog/detail/general/2024-11-28-story-h475534829

Posted by turbochart > 3 weeks ago | Report Abuse

🦈 Logo?

Posted by sharemarket21 > 2 weeks ago | Report Abuse

It's time for the big boys competition. 3-5 years is gonna be exciting for this bank. Accumulation time....

Posted by StarOfTheBull > 2 weeks ago | Report Abuse

Very ambitious. Which insurance company and bank could be the target?
https://www.sinchew.com.my/news/20241130/finance/6113420

Posted by Bursino > 2 weeks ago | Report Abuse

Which bank or banks did the Sarawak Government park their Cash? How will it affect these banks should the Sarawak Government decide to transfer all their cash holdings to Affin. Conduct all monetary transactions using Affin as the primary bank.

Posted by turbochart > 2 weeks ago | Report Abuse

Buy Takaful😁😂 @ 5

Posted by abcb > 2 weeks ago | Report Abuse

Window dressing is coming soon for AFFIN,TP3.20

Posted by nisah395 > 2 weeks ago | Report Abuse

Thanks for sharing

Posted by turbochart > 2 weeks ago | Report Abuse

Malysia got 13 Menteri Besar. Who is paling pandai, and who is paling bodxx🤔

Posted by abcb > 2 weeks ago | Report Abuse

First move 3.03, follow by 3.14 and lastly will reach destination to 3.28

Posted by abcb > 2 weeks ago | Report Abuse

Some local institutions started accumulate at 2.93 recently

Posted by sharemarket21 > 2 weeks ago | Report Abuse

Let's go Affin the new conqueror ! 20% target price and Peninsular market share. Straight forward strategy and ROI.

Posted by turbochart > 1 week ago | Report Abuse

Why Abang buy SharkFin @ 5?

Posted by nisah395 > 1 week ago | Report Abuse

Abang Jo bought @5.00, really ?

Posted by Amazing > 5 days ago | Report Abuse

good news coming soon .... be passion and good time to collect now ..

Posted by Amazing > 5 days ago | Report Abuse

https://www.nst.com.my/business/corporate/2024/09/1112718/analyst-raises-affin-target-price-potential-rm4b-sarawak-deposit

Posted by turbochart > 4 days ago | Report Abuse

Cash is King! Warren Buffet got 3250 tones of $100cash 😂