Posted by Nepo > 2023-03-06 13:24 | Report Abuse

https://9shares.my/8%E5%AE%B6%E9%93%B6%E8%A1%8C%E9%9B%86%E5%9B%A2affin%E6%B4%BE%E6%81%AF%E7%AB%9F%E6%8B%BF%E5%86%A0%E5%86%9B-%E5%85%B4%E4%B8%9A%EF%BC%8C%E9%A9%AC%E9%93%B6%E8%A1%8C%EF%BC%8Ccimb%E8%82%A1%E6%81%AF%E9%AB%98/

Posted by ZenSen > 2023-03-07 00:03 | Report Abuse

i m looking forward 15 cents dividend for this year 2023

Posted by speakup > 2023-03-07 07:52 | Report Abuse

affin, alliance, bimb, mbsb all too small. they should do M&As.

Posted by aklobi > 2023-03-08 13:54 | Report Abuse

Why is Affin's PE ratio so high atm and is this temporary due to the tax payments or will it be permanent?

Posted by TheContrarian > 2023-03-08 14:26 | Report Abuse

Affin P/E ratio only 3.67.

Posted by aklobi > 2023-03-08 23:45 | Report Abuse

Thanks TheContrarian, but Bloomberg says P/E Ratio20.47, simply wallst says 27.2

Posted by redhotpepper > 2023-03-13 09:36 | Report Abuse

Better cashout if still able to, dont wait for FOMC decision.

Posted by TheContrarian > 2023-03-13 12:05 | Report Abuse

Bought more Affin at RM2.01.

Posted by fortunefire > 2023-03-13 14:09 | Report Abuse

in my watchlist now...

Posted by Nepo > 2023-03-14 09:40 | Report Abuse

It looks like RM 2 is forming a very strong support level. If broken, then probably RM 1.87 is next support level..

Posted by Nepo > 2023-03-15 08:10 | Report Abuse

can buy already RM1.99
Best discount price RM1.99

Posted by Nepo > 2023-03-15 08:18 | Report Abuse

@RM 1.99, forward PE=7.50
NTA=RM 4.59
Book to NTA=1.99/4.59 = 0.43
value buy.

Posted by Nepo > 2023-03-16 09:00 | Report Abuse

Cold weather here, need blanket in bed..

Posted by redhotpepper > 2023-03-16 11:27 | Report Abuse

Yeah....windy cool day

Posted by Nepo > 2023-03-18 19:55 | Report Abuse

It seems dark cloud spread over the sky. Probably lightning & thunderstorms not far away. Be prepared with the shaking storms ahead..

Posted by Markv572421 > 2023-03-20 14:52 | Report Abuse

So pity affin bank nowdays

Posted by pang72 > 2023-03-20 21:12 | Report Abuse

https://www.sinchew.com.my/20230320/%e7%91%9e%e4%bf%a1%e9%a3%8e%e6%9a%b4%e5%8d%b7%e5%90%91%e5%a4%a7%e9%a9%ac%ef%bc%9f-aham%e4%ba%8c%e5%9f%ba%e9%87%91%e6%9a%82%e5%81%9c%e4%ba%a4%e6%98%93/

Posted by pang72 > 2023-03-20 21:13 | Report Abuse

So, lucky sold the asset management company else the first kena for credit suisse bond collapse

Posted by redhotpepper > 2023-03-20 22:52 | Report Abuse

Lucky indeed, safe for the time being affin going to move sideway.

Posted by aklobi > 2023-03-21 01:10 | Report Abuse

Most other banking stocks are collapsing except this one. This should tell everyone something.

Posted by speakup > 2023-03-21 07:43 | Report Abuse

tell what?

Posted by Nepo > 2023-03-21 14:39 | Report Abuse

◤瑞信危机◢ 瑞信AT1债券成废纸 AHAM资本2债券遭殃
https://www.chinapress.com.my/?p=3354498

Posted by Nepo > 2023-03-21 14:40 | Report Abuse

The China Press post is easy to understand

Posted by aklobi > 2023-03-21 18:22 | Report Abuse

@Speakup that this may very well be the bottom price. The only way is up.

Posted by redhotpepper > 2023-03-22 10:13 | Report Abuse

Actually bottom fishing is now.

Posted by aklobi > 2023-03-23 16:28 | Report Abuse

I would like to be included in group discussions please.. is there a more active platform?

Posted by Nepo > 2023-03-25 20:32 | Report Abuse

https://youtu.be/LeA3VKfTTo8

Posted by Nepo > 2023-03-25 20:43 | Report Abuse

Summary
Affin Bank ranking 4 out of 8 banks in Malaysia

Posted by stockraider > 2023-03-26 11:25 | Report Abuse

Correction loh!
If Affinbank is under bnm control, all other banks is under bank negara control mah!
It is just nature of the business of banks to be supervise by BNM loh!

Posted by calvintaneng > 3 weeks ago | Report Abuse

Boustead a high debt laden co

Boustead group of companies

Affin bank
Bplant
Bhic
Pharmaniaga

Affin Bank
Under bank negara control

Already paid 30 sen dividend to help Boustead but insufficient

Pharmaniaga
In deep impairment due to unsold vaccines
Payables caused losses and triggered Pn17
And the sell down

Bhic
Another lemon

Bplant
This is the golden goose
Lands of 220,000 acres worth multiple billions if sold to unlock cash and ultimate helper of last resort

Verdict is go buy bplant and hold

Posted by Nepo > 2023-03-30 05:21 | Report Abuse

https://www.winrayland.com/2023/03/affinbankfd-328.html?m=1

Posted by Nepo > 2023-03-30 05:22 | Report Abuse

Affin Bank decrease fixed deposit rates indicating it has sufficient fund for lenting

Posted by Nepo > 2023-04-02 10:17 | Report Abuse

https://www.sinchew.com.my/mobile-article/?articleid=4582264

Posted by Nepo > 2023-04-02 10:18 | Report Abuse

LTAT sells 5%Affin to Sarawak Government @RM 2 per share

Posted by Income > 2023-04-02 12:04 | Report Abuse

compatible thermostats friends forever binding forming

Posted by redhotpepper > 2023-04-03 10:10 | Report Abuse

Anymore surprise ?

Posted by Nepo > 2023-04-03 11:49 | Report Abuse

Question:-
Is it LTAT wants to sell first or Sarawak Government wants to explore in Banking stock..?
Not mistaken, Affin is the 1st bank to be invested by S'wak Gov't..

Posted by Nepo > 2023-04-03 11:50 | Report Abuse

If it is, then Swak Govt will tie-up Sarawak Pay App with Affin

Posted by ZenSen > 2023-04-03 14:17 | Report Abuse

why sell AFFIN shares at only RM2.01 so cheap to Borneo state?

Posted by TheContrarian > 2023-04-03 15:45 | Report Abuse

LTAT needs $$$ to privatize Boustead, selling down Affin to raise cash.

Posted by Nepo > 2023-04-04 05:31 | Report Abuse

https://www.theedgemarkets.com/node/661935

Posted by Nepo > 2023-04-04 08:25 | Report Abuse

Extract:-
"The potential sale is understood to be tied to LTAT’s proposed privatisation of Boustead Holdings Bhd, as the fund is seeking to reduce its shareholding in Affin Bank below 50% post-Boustead privatisation, from the indicative 54.1%, to avoid having to obtain Bank Negara Malaysia’s approval."

Posted by Nepo > 2023-04-04 08:26 | Report Abuse

If the offer price RM2.00 is not worth, definately Sarawak Gov't won't accept
So, let me assume, RM 2 is a rock bottom price or nearly at the rock bottom price, because it is LTAT intents to sell and S'wak Gov't is in the better position to negotiate the price..

Posted by Nadayu > 2023-04-05 10:08 | Report Abuse

can buy ?

Posted by redhotpepper > 2023-04-06 09:55 | Report Abuse

Yes can buy.

Posted by aklobi > 2023-04-06 14:26 | Report Abuse

Does the sale to the Sarawak gov mean there won't be any more sell pressure by LTAT? I assume Sarawak gov won't be under pressure to sell the stock and is in for the long haul, could also contribute to bank's performance.

Posted by TheContrarian > 2023-04-13 23:30 | Report Abuse

LTAT sold 4.95% stake to Sarawak state government @ RM1.97.

Posted by Nepo > 2023-04-14 08:04 | Report Abuse

I believe RM 1.97 is the rock bottom price, if coming QR bad, Sarawak govt won't accept this price.
Focus is on the performance of non performing loan

Posted by Nepo > 2023-04-18 19:10 | Report Abuse

https://www.theedgemarkets.com/node/663570

Posted by redhotpepper > 2023-04-19 11:46 | Report Abuse

4.97% is too small to make any impact.

Posted by redhotpepper > 2023-04-21 20:37 | Report Abuse

https://www.thestar.com.my/business/business-news/2023/04/21/positive-outlook-for-affin-bank-this-year