255mil just for a piece of land, what bout building cost? hmm, past 2 quarters revenue already dropped by half...now still simply spend money on controversial area at this kind of economy outlook.
Always remember..tricks for 1MDB..whatever stock link to 1MDB..nowadaya ..for sure LOSS within RM 0.70sen to RM 1.00 hehehe..just take a look on Affin chart..where it stand on 07/08 crisis..hehehe ....just used simple logic..who is the longest Defense Minister in Malaysia..haha..who is the youngest boy being an MB..all is NAJIBRAZAK..you guys think he will step down just like that..sampai mampuih he will try to cling on the power..Zahid as his scapegoat or Plan B ..hahaha..so u suka or tak suka..kalah jadi arang ..menang jadi abu..AFFIN BANK..BANK TENTERA..TENTERA..GAJI N PENCEN..GOMEN..LTAT PUN ADA..CONTRACT PUN BERATUS JUTA..DO U SEE WHAT I SEE..kekeke..dont worry too much..BUY IN DIP..SELL ON STRENGHT..hahaha..
Entire Board of Directors should be sacked. In a slowing economy, they paid out record price when they should be getting a great deal on the land. Not their money, they don't care. Fortunately, I don't own any of their share.
i tot of buying the share and hold for long term before the news. after the acquisition news pop out,i really not sure should buy as long term ady... my money is hard earn money... not donation >.<
affin so kolian to eat that dead chick.... must be forced... and we know this bank's shareholders cant be trusted... won't be in my list for this counter
The 4k++ psf will give 1mdb the chance to revalue the land price hence reporting significant profit ... Arul will be getting a big fat bonus for the "stretch" performance :)
Just to add on: Divd - Announcement on Nov, payment in Dec. for FYE. Past records FYE 2012 to 2014 the divd rate was 15 sen. At today buy in price of RM2.30 , the rate of return is 6.52%, on assumption the Bank retained the divd rate of 15 sen for 2015 ( highly possible)
On line transaction has been increasing and thus banks make money from that. Likewise, charge to handle cheques etc. Why is it not included in the analysts' reports? They always syoisk sendiri by having blind spots.
@iphone4 - given Affin's past 1 year financial perfomance (dwindling EPS ), I do not think (in fact i can say I am quite sure) they cannot declare 0.15. HLB analysis is expecting 0.09 div this year. i am conservative, and expect 0.07
Similar to Affin's owner (Bstead) the dividend drop from 0.3 to 0.18...
Yes, dividend coming soon in December of around 15 cents per share....so start collecting now please. I keep this counter for it good dividend yield every year. Even at $2.50 cents ,it is still a good buy. Actually Affin is a good counter as it's yearly Earnings Per Share is around 30 cents per share, a strong performing bank I should say. Oh, almost forget, PER is around 8.8, sounds too good to be true.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
jsklo
18 posts
Posted by jsklo > 2015-06-05 16:42 | Report Abuse
Any rights issue for this share ?