Posted by ivan9511 > 2018-10-10 17:44 | Report Abuse

ivan9511 Hi my friends. No this . Many also.down.
I keep sapu this and also Affin.
For bank keep Affin and this confirm sure win .
But just my own view.
If mistaken please dun marsh.
This down then average down lol
10/10/2018 15:28
X
ivan9511 seem I buy Call this and Affin is the absolutely right decision
alll the best

Posted by AnwarBestFM > 2018-10-11 15:21 | Report Abuse

Close banks if Anwar PM?

Posted by aklobi > 2018-10-25 01:49 | Report Abuse

The Contrarian.. is it time to buy? Sorry I’ve not been following

Posted by SaveMsiaFromPHGov > 2018-10-25 01:56 | Report Abuse

weak volume

Posted by SaveMsiaFromPHGov > 2018-10-25 02:13 | Report Abuse

How do you know for certain that Anwar is really going to be PM. It did not happen in 1998. Again did not happen in 2014. So, again, might not happen also in 2020. Or even 2023.

Posted by TheContrarian > 2018-10-25 05:04 | Report Abuse

Aklobi, the overall market is in a bear phase since start of last week. A bear phase is where most counters record a new low almost daily due to continuous forced selling. It's not a good idea to buy at the beginning of a bear phase. Need to have patience to wait it out and bargain hunt only when the market finally hits bottom.

Posted by latlut > 2018-10-25 11:26 | Report Abuse

dow uptrend broken. hangseng, sti in bear mode. our blue chips also started to drop. hopefully this is the real bear and not just correction.

Posted by Jon Choivo > 2018-10-25 11:28 | Report Abuse

Posted by TheContrarian > Oct 25, 2018 05:04 AM | Report Abuse

Aklobi, the overall market is in a bear phase since start of last week. A bear phase is where most counters record a new low almost daily due to continuous forced selling. It's not a good idea to buy at the beginning of a bear phase. Need to have patience to wait it out and bargain hunt only when the market finally hits bottom.

=======

"I buy when the majority are selling, I watch when the majority are buying, I sell when the majority are getting excited"

Everybody also waiting to buy bottom. Whats the contrarian move.

Posted by TheContrarian > 2018-10-25 18:52 | Report Abuse

Patiently waiting to buy at the bottom, no hurry, lots of insanely undervalued counters to choose, lots of cash in short term one month FD standby. Lucky to have sold off a big chunk of Reach Energy at near recent peak of 50.5 sen when the majority was getting excited over there because Brent was then hovering at USD85 and glad to have exited Toyoink. Stockmarket doesn't climb up forever and doesn't drop down forever.

Posted by beso > 2018-10-26 13:16 | Report Abuse

CIMB证券研究最新报告指出，银行业或迎来艰辛日子，因为商业贷款成长放慢，利差赚幅缩小，银行利润都会减少。
报告表示，国内商用产业供过於求，可能对部份银行造成影响，影响最大的是大众银行(PBBANK 1295 )和艾芬银行（AFFINBANK 5185）。
sell...

Posted by newbie4444 > 2018-10-27 22:25 | Report Abuse

Affin anal-list can trust? Why E&O TP RM 2.38 RM 1.1 instead?

Posted by moneycome123456 > 2018-11-26 18:10 | Report Abuse

got dividend or not? this year... :(

Posted by BN_better > 2018-11-28 19:21 | Report Abuse

Another big winner from lately stock market crash. Why Ph govn cannot see?

Posted by TheContrarian > 2018-11-28 20:25 | Report Abuse

Impressive QR and 5 sen dividend.

Posted by Fabien Extraordinaire > 2018-11-28 20:52 | Report Abuse

considering to add more

Posted by TheContrarian > 2018-11-28 21:11 | Report Abuse

Wise men say ..... only fools rush in. This is a bear market, take your time, more people hoping to get out.

Posted by Fabien Extraordinaire > 2018-11-28 21:25 | Report Abuse

exactly, more people getting out.

that's when i'm coming in. hahaha

Posted by ks5S > 2018-11-28 21:44 | Report Abuse

https://www.nst.com.my/business/2018/11/435445/affin-banks-q3-net-profit-jumps-rm145m-revenue-rm496m

Posted by TheContrarian > 2018-11-29 10:06 | Report Abuse

Go, go, go Affin.

Posted by adstey > 2018-11-29 12:25 | Report Abuse

Dividend of 5 cts peanut, at least 10 cts to make up div yield of 10cts/RM2.40=4.16%. Should at least to match FD rate of 4% for investors incentive.

Posted by thenextwave > 2018-11-29 13:49 | Report Abuse

This only interim dividend. Not final dividend.

Posted by TheContrarian > 2018-11-29 15:59 | Report Abuse

My cost RM2.29, can make peanuts already. Hahaha.

Posted by aklobi > 2018-12-04 14:09 | Report Abuse

Any ex date for divs?

Posted by TheContrarian > 2018-12-04 14:52 | Report Abuse

Sex date not yet .... ops Ex date.

Posted by aklobi > 2018-12-04 16:35 | Report Abuse

Lol & TheContrarian.. think the stock may go down end of month? Intending to add

Posted by adstey > 2018-12-04 17:33 | Report Abuse

go up then buy, go down dont buy otherwise you dont follow bursa rules

Posted by aklobi > 2018-12-06 06:27 | Report Abuse

Adstey.. these are not the bursa rules, these are the herder’s rules. But I’m not part of the herd. I’m a wolf ;)

Posted by maityson > 2018-12-11 17:49 | Report Abuse

all taiko, may i know what is Dividend (with Dividend Re-Investment Plan)?

Posted by TheContrarian > 2018-12-11 18:56 | Report Abuse

It means instead of cash dividend you get Affin shares as dividend.

Posted by TheContrarian > 2018-12-11 18:57 | Report Abuse

If you elect for the re-investment plan.

Posted by TheContrarian > 2018-12-17 23:36 | Report Abuse

Malaysia could embark on its biggest banking merger to create ASEAN's largest bank nudging out Singapore's DBS from that position through a mega merger anchored by Maybank to glue together CIMB, RHB, Ambank and Affin. Maybank can scoop up the other banks at around their book values, something that may not have been possible previously when values were higher.

Posted by joetay7 > 2018-12-17 23:40 | Report Abuse

if the 5 banks merged, that means no so many banking stocks to play.

so better dont merge.

Posted by TheContrarian > Dec 17, 2018 11:36 PM | Report Abuse

Malaysia could embark on its biggest banking merger to create ASEAN's largest bank nudging out Singapore's DBS from that position through a mega merger anchored by Maybank to glue together CIMB, RHB, Ambank and Affin. Maybank can scoop up the other banks at around their book values, something that may not have been possible previously when values were higher.

Posted by TheContrarian > 2018-12-18 00:27 | Report Abuse

A mega merger will extract values from the undervalued listed banks and will benefit EPF most.

Posted by joetay7 > 2018-12-18 09:48 | Report Abuse

true, but it also mean systematic risk in an economy will be higher as well.

especially in syndicated loans, if the risk is not evenly spread, a single large bad loan will hit the profitability of a single entity badly. thereby impacting on the financial system.

if the loan is spread out, average mean will come into play.

Posted by TheContrarian > Dec 18, 2018 12:27 AM | Report Abuse

A mega merger will extract values from the undervalued listed banks and will benefit EPF most.

Posted by aklobi > 2018-12-24 01:51 | Report Abuse

Guys.. any reason why affin is down? TheContrarian help.. considering buying

Posted by TheContrarian > 2018-12-24 15:40 | Report Abuse

As expected price eventually drift down. It's a bear market now. Price also adjusted for 5 sen dividend.

Posted by aklobi > 2018-12-24 16:26 | Report Abuse

TheContrarian.. I’ve been consumed with my new job.. hence the fact I’m not following.. when is it a good time to buy?

Posted by TheContrarian > 2018-12-25 19:07 | Report Abuse

Right now I am not looking to add Affin as I feel I can make more elsewhere in the short term. Different people have different risk appetite. For a banking stock, present price is reasonably cheap and bear in mind there's not much free float in Affin as LTAT, Boustead and Bank of East Asia Ltd already owned close to 80%. So, when a merger comes, the price will move up rapidly.

Posted by aklobi > 2018-12-27 17:04 | Report Abuse

I bought some today

Posted by moneycome123456 > 2018-12-31 18:26 | Report Abuse

Why this share keep go down ?

Posted by BN_better > 2018-12-31 18:57 | Report Abuse

Bec PH in power?

Posted by dannyleonglohman > 2019-01-11 12:47 | Report Abuse

Time to collect :) don't miss the train

Posted by Icon8888 > 2019-01-11 12:51 | Report Abuse

I am in

this stock is slow, but almost impossible to lose money at this level

Posted by villa1668 > 2019-01-11 13:26 | Report Abuse

Yes, Affin is one of my favourite stock.
Stable company.

Posted by Richard Jayasuriya > 2019-01-11 13:31 | Report Abuse

Maybe because the general outlook for the banking sector is not so rosy.

Posted by dannyleonglohman > 2019-01-11 15:49 | Report Abuse

yes... whole banking sector is looking bad and stagnant at the moment

Posted by dannyleonglohman > 2019-01-11 15:50 | Report Abuse

this is a good opportunity for long term investment (1-2 years), in next few weeks the current situation probably not going to change much.

Posted by nobitatabino > 2019-01-14 14:54 | Report Abuse

Greatly undervalued counter with NTA of 4.40!!
TP 3.380!!!

Posted by TheContrarian > 2019-01-14 15:36 | Report Abuse

Many, many other counters also undervalued during a bear phase of the stockmarket. Affin needs to be involved in a merger with another banking group to unlock its value.

Posted by joetay2 > 2019-01-14 15:58 | Report Abuse

i m punting for this play as well.

Posted by TheContrarian > Jan 14, 2019 03:36 PM | Report Abuse

Many, many other counters also undervalued during a bear phase of the stockmarket. Affin needs to be involved in a merger with another banking group to unlock its value.