ask an old school mate (now an accountant) about the different trend of Ambank, RHB, Affin ....
he said banks are always the portfolio of funds and and dividend intended investors, once the dividend is low (use 1 year FD as benchmark), these holders will sell and looking for higher dividend stocks .... he said unless there is improvement of dividend, stock price could be hovering at low price for a prolong period ......
just another point for those consider to buy .... thank to my helpful old classmate too!
if u ask a person who has large holding whether it is worth to buy? for sure he will ask u to buy (especially he is in losing position and hope for relief) .....
if u ask a person without holdings, he may tell u, bank stocks are not like those speculation counters, and their holders are state funds /big funds /insurance co. .... etc. There must be reasons of low /high valuation behind ..... no harm to understand the reasons behind if u might put substantial amount of yr money .... but if u just buy a few lots, u can try yr luck without a deeper look ..... :-)
Firehawk, it makes big different someone tell u to buy at all time high or all time low. Afterall, we do our own analysis b4 buy. Your money your risk. Try not to disagree everything. Go see tagb.
Firehawk sifu, its a great experience seeing some one earn money/benefit from your good advice. The only way to earn money is to learn from those already have the skill and appropriete attitude. When you fit so well into your life.
10bagger10 My postings is not particular response to yr postings .... one of my posting is just co-incident after yr posting ..... no doubt, if only look at the price, Affin price is low .... i just provide a view from different angle and don,t discount the sub-conscious of a ordinary ppl .....
(may be it gives u another input if u visit BIMB forum ;-) )
Affin is at ard 9 years low. It literally means that u have the patience to wait 9 years until u finally buy it. Odds is better than 90 pcts of the people who buy it already.
i dun intend to debate Affin value, let everybody has their own view, may be some are quite unique...... let,s observe whether it works later ......
Just like BIMB, some thought it is too high and sold last week (include warrant) but today it goes higher .....
When a person still holding, he ask other to buy, just in two days, without price rising tòo much, he sold ..... u can see how other members comment on this kind of person .....
it is not about the value, but about how to make use the situation for own benefit .... dun discount the hidden unhonurable imtention of a person .......
Write a comment..lucky got sapu abit . Now up back Affin insas if drop just sapu. I confirm sure win Affin a lot of government staff customers scare what Insas a lot of money scare what
the new ceo of army fund is restructuring their shareholding. probably a merger between affin and cimb is coming soon. among the companies in the army fund, only affin is consistently making good profit. The army fund need money. They will get the money needed once this merger happened.
Don't bullshit, don't tipu lagi lah, shame on you, got 2 hands that GOD give but still don't want to work but everyday tipu members here to make dirty money. Con man Icon888, you are worst than a dog, period.
hhahahahha, must say ivan is genius, talent, gift, let see what ivan do when 2.05 as track up comment
:
ivan9511 Write a comment..lucky got sapu abit . Now up back Affin insas if drop just sapu. I confirm sure win Affin a lot of government staff customers scare what Insas a lot of money scare what
ivan9511 agreed affin and insas affin 07/05/2019 4:51 PM
Didn't study in-depth on Affin's latest QR. Based on EPS it was within my expectation. Problem is our local stockmarket is not going to go up unless the foreign funds return in a big way.
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....
Icon8888
18,659 posts
Posted by Icon8888 > 2019-04-26 23:00 | Report Abuse
Safe to buy
Upside don't know how much but downside limited