AFFIN BANK BERHAD

KLSE (MYR): AFFIN (5185)

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Last Price

2.88

Today's Change

-0.02 (0.69%)

Day's Change

2.86 - 2.92

Trading Volume

1,475,800


4 people like this.

4,104 comment(s). Last comment by Amazing 4 days ago

gohkimhock

3,126 posts

Posted by gohkimhock > 2020-11-19 22:12 | Report Abuse

Affin Bank actually can play, but must depend on all those big brothers. They move, Affin will move.. Banking sector we will be the 1st to recover in any economy upturn. Construction will be second. I don't expect Property to recover in at least 3 years.

ivan9511

3,854 posts

Posted by ivan9511 > 2020-11-22 21:52 | Report Abuse

Sifu TheContrarian thanks for your support on Affin.
Lucky got sapu at lowest .
Sifu I feel Maa also cheap
Maybe can buy and made good profit
Maa also a financial counter which will up sooner or later.
All the best and huart Cai on Affin and Maa

TheContrarian

9,483 posts

Posted by TheContrarian > 2020-11-24 15:33 | Report Abuse

Ivan, MAA is no longer a financial counter having sold off its insurance business to Zurich. I took profit on some Affin at 1.61 last week as I expect coming QR will be poor due to loan moratorium.

ivan9511

3,854 posts

Posted by ivan9511 > 2020-11-24 17:08 | Report Abuse

Noted.
The contra still got golden land and duta and trop.
Gl only 40sen recently

TheContrarian

9,483 posts

Posted by TheContrarian > 2020-11-24 20:27 | Report Abuse

Only GL, sold some at 43 sen last week, will buy back below 40 sen.

ivan9511

3,854 posts

Posted by ivan9511 > 2020-11-25 00:03 | Report Abuse

Noted

aklobi

313 posts

Posted by aklobi > 2020-12-03 11:56 | Report Abuse

TheContrarian, can you elaborate on the IPO announce? Do you think current shareholders might have priority in it?

TheContrarian

9,483 posts

Posted by TheContrarian > 2020-12-03 19:08 | Report Abuse

It's nothing new, the proposed IPO is in Affin's strategic plan to monetize its investment in the asset management subsidiary. There's a good chance that shareholders in Affin will be given blue forms to subscribe for the IPO. One fine day Affin will turn into a star performer. In the meantime I plan to buy more Affin.

Posted by dollardollarbill > 2020-12-04 16:22 | Report Abuse

The most undervalued Malaysian bank could be unlocking more than RM1bil from its crown jewel
https://klse.i3investor.com/blogs/dollardollarbill/2020-12-04-story-h1537414359-The_most_undervalued_Malaysian_bank_could_be_unlocking_more_than_RM1bil.jsp

aarontan1987

1,285 posts

Posted by aarontan1987 > 2020-12-09 20:26 | Report Abuse

from a full blown detonation at 1.77 all the way to 1.370 now having rebound it to a 1.720 the momentum looks gorgeous in sight hahahahahaha if u missed out on 1.370 u can now scalp it to 2.00 hahahahahaha

Posted by JuzzyOracle > 2020-12-11 10:34 | Report Abuse

Finally Affin stirred. Get ready for the ride up. You ain't see nothing yet, as BTO used to say....

stockraider

31,556 posts

Posted by stockraider > 2020-12-11 11:12 | Report Abuse

Stupid loh....!!

Why sold early leh ??

Just the beginning mah!

Posted by TheContrarian > Nov 24, 2020 3:33 PM | Report Abuse

Ivan, MAA is no longer a financial counter having sold off its insurance business to Zurich. I took profit on some Affin at 1.61 last week as I expect coming QR will be poor due to loan moratorium.

TheContrarian

9,483 posts

Posted by TheContrarian > 2020-12-11 11:18 | Report Abuse

Stupider who didn't buy at 1.41.

10bagger10

1,007 posts

Posted by 10bagger10 > 2020-12-12 19:02 | Report Abuse

Stockraider sifu any target price for affin?

thesteward

6,782 posts

Posted by thesteward > 2020-12-12 23:28 | Report Abuse

I hope to hold for AT least rm1.50

stockraider

31,556 posts

Posted by stockraider > 2020-12-12 23:50 | Report Abuse

AT LEAST RM 2.50 MAH....!

Posted by 10bagger10 > Dec 12, 2020 7:02 PM | Report Abuse

Stockraider sifu any target price for affin?

10bagger10

1,007 posts

Posted by 10bagger10 > 2020-12-13 21:43 | Report Abuse

Noted sifu stockrider

thesteward

6,782 posts

Posted by thesteward > 2020-12-13 21:46 | Report Abuse

Yean Stock rider Mid term. 2.50 v possible

thesteward

6,782 posts

Posted by thesteward > 2020-12-13 22:07 | Report Abuse

Yes typo

Posted by JuzzyOracle > 2020-12-16 08:48 | Report Abuse

Well it looks like Affin is the quiet overachiever. Good times are coming.
https://www.orientaldaily.com.my/news/business/2020/12/15/381226

KT197

65 posts

Posted by KT197 > 2020-12-21 03:04 | Report Abuse

Disappointing showing by Affin after rising to RM2 it drop back to 1.85

KT197

65 posts

Posted by KT197 > 2020-12-24 03:16 | Report Abuse

Hopefully it can go back to last few days high of RM2

TheContrarian

9,483 posts

Posted by TheContrarian > 2020-12-24 08:15 | Report Abuse

LTAT started to sell when price climbed above RM2.

Posted by WealthSoWonderful > 2020-12-29 02:17 | Report Abuse

For those serious mature sensible minded long term investors among y'all ... Do consider TopGlove as another egg in the basket, another arrow in the quiver, another string to the bow

Posted by WealthSoWonderful > 2020-12-29 02:18 | Report Abuse

TOPGLOVE FOR LONG TERM INVESTMENT: A QUICK PRIMER

TopGlove IPO price RM2.70 March 2001

2,000 units = RM5,400

Bonus issues:
2002 3:10 ==> 2,600 units
2003 2:5 ==> 3,640 units
2005 1:1 ==> 7,280 units
2007 2:5 ==> 10,192 units
2010 1:1 ==> 20,384 units
2016 1:1 ==> 40,768 units
2018 1:1 ==> 81,536 units
2020 2:1 ==> 244,608 units

Today 244,608 units x RM8.70/unit = RM2,128,089

Capital Appreciation = From RM5,400 to RM2,128,089 in just 19 years

This is clear solid undoubtable undeniable evidence of the awesome benefit by way of exponential growth that you get from investing long term in TopGlove

Anyways, this is not a call for buy or sell, but just sharing of some inspirational motivational confidence-building information.

Do your own due diligence

Invest at your own risk

aklobi

313 posts

Posted by aklobi > 2020-12-29 14:38 | Report Abuse

TopGlove at the end of a pandemic? You must be joking..

TheContrarian

9,483 posts

Posted by TheContrarian > 2020-12-30 20:07 | Report Abuse

I sold Supermax at RM21.60 a few months ago and not buying back any glove companies.

TheContrarian

9,483 posts

Posted by TheContrarian > 2021-01-06 12:29 | Report Abuse

Not so long ago someone gave a target price of RM2.50 on this forum. Hahahahahah.

KT197

65 posts

Posted by KT197 > 2021-01-06 22:34 | Report Abuse

if Affin Hwang do a relisting then may be Affin Bank will get a boost

gohkimhock

3,126 posts

Posted by gohkimhock > 2021-01-07 00:07 | Report Abuse

It is still a bank. Nothing to worry about. Not everyone can setup a bank. It needs license and huge shareholders fund.

TheContrarian

9,483 posts

Posted by TheContrarian > 2021-01-07 00:43 | Report Abuse

Anyone bought Affin yesterday? I bought at 1.73.

williamtkb

3,216 posts

Posted by williamtkb > 2021-01-07 06:48 | Report Abuse

No rush to buy in yet. Last lower was rm1.20. If election, maybe can get 80cents.

TheContrarian

9,483 posts

Posted by TheContrarian > 2021-01-07 14:59 | Report Abuse

Added more at 1.68 this morning.

Posted by OracleOfOmaha > 2021-01-08 17:23 | Report Abuse

MCO 2.0 is coming, so all banks will back to square one.
Also there could be a possible general election in covid19 period, all investors want to keep cash.

Posted by CakapSohaiThings > 2021-01-11 19:59 | Report Abuse

Short sellers might short banks tomorrow. Are you guys ready for a limit down?

Posted by CakapSohaiThings > 2021-01-12 10:23 | Report Abuse

IBs and FFs, please start shorting, emergency consented! What are you waiting for??

aklobi

313 posts

Posted by aklobi > 2021-01-14 05:01 | Report Abuse

Lol.. TheContrarian.. Well played. To these other new weird clownie names: Get a life.

TheContrarian

9,483 posts

Posted by TheContrarian > 2021-01-14 09:40 | Report Abuse

Someone said if we wait longer we might get Affin at RM1.20 or even 80 sen. I once bought 5,000 shares of Public Bank at 80 sen many, many years ago.

TheContrarian

9,483 posts

Posted by TheContrarian > 2021-01-14 09:54 | Report Abuse

All those who believe in AT LEAST RM2.50 target price should be buying.

TheContrarian

9,483 posts

Posted by TheContrarian > 2021-01-14 09:55 | Report Abuse

All those who believe in RM1.20 target price should short sell.

8888_

2,923 posts

Posted by 8888_ > 2021-01-15 10:37 | Report Abuse

Agree. LTAT even sold Affin why promoters must hide?

Posted by aklobi > Dec 29, 2020 2:38 PM | Report Abuse
TopGlove at the end of a pandemic? You must be joking..

Posted by shareinvestor88 > 2021-01-16 23:12 | Report Abuse

BUY BYE TP 50c

Sailangking

1,912 posts

Posted by Sailangking > 2021-01-30 18:04 | Report Abuse

waiting 1cent!!!

Posted by moneycome123456 > 2021-02-02 21:36 | Report Abuse

2.00 coming

aklobi

313 posts

Posted by aklobi > 2021-02-16 03:46 | Report Abuse

Slowly.. But surely

mfbs

1,229 posts

Posted by mfbs > 2021-02-26 18:47 | Report Abuse

QR loss

gohkimhock

3,126 posts

Posted by gohkimhock > 2021-02-26 19:14 | Report Abuse

Results below expectations.

Lose99

15 posts

Posted by Lose99 > 2021-02-26 19:17 | Report Abuse

Hahaha limit down

lomas

97 posts

Posted by lomas > 2021-02-26 20:19 | Report Abuse

dividend getting lesser and lesser.

Posted by Yong Chian Haw > 2021-02-27 11:18 | Report Abuse

who are the non-controlling interest in their statement that eat into the profit?

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