ALLIANCE BANK MALAYSIA BERHAD

KLSE (MYR): ABMB (2488)

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Last Price

4.80

Today's Change

-0.03 (0.62%)

Day's Change

4.76 - 4.86

Trading Volume

2,170,300

Price Target

A price target is an analyst's projection of a share's future price. 

Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.

Last Price

4.80

Avg Target Price

4.49

Upside/Downside

-0.31 (6.46%)

Price Call

0

SELL

10

HOLD

39

BUY

Date Open Price Target Price Upside/Downside Price Call Firm View Action
Discussions
6 people like this. Showing 50 of 1,847 comments

troy88

Good, consistent div

2023-12-01 09:03

newbie_2018

ABMB is it Daim share? Daim heard under MACC(SPRM) checking.

2023-12-26 10:31

myongcc5

HAPPY NEW YEAR TO ABMB SHolders.

2023-12-29 17:07

Dehcomic01

Alliance Bank is the smallest Bursa Malaysia bank. While smaller than Affin Bank, its performance as measured by the ROE is far better than that of Affin. https://www.youtube.com/watch?v=4W7Lnw_hT0w
When you look at the ROE trend of Alliance, you can see that it had recovered from the Covid-19 years and overtaken its pre-Covid-19 peak But the market price has yet to reflect the better performance. https://i.postimg.cc/fyVxJQ5N/Alliance-bank.png
Does the market know something that I don’t or it it merely being irrational?

2024-02-13 08:26

eugenewong794

It used to be 2nd smallest, but since affin bank in the news, esp with sarawak acquisition, the share price has rallied, when i started investing in bursa last year, i wanted exposure to banking sector, so i chose 1 big bank and 1 small bank, for big bank i chose public as it is a safe option with very good ROE but valuation is higher but still reasonable, for small bank, it was between affin and ABMB, for me ABMB is the obvious choice, cos AFFIN prev majority shareholder is LTAT, they have 4 main ventures, AFFIN, BPLANT, PHARMA and BHIC, the latter 2 is PN17, 1 needed bailout from gov, the other has monopoly on medicine supply to KKM but still cant be profitable #onlyinmsia, 1 ady sold to LTAT after some issues with KLK, so LTAT dont have the best track record, ABMB undemanding valuation, good dividend yield of ~6%, focus on future SME and green financing, and decent management was the choice for me. The thing about MY banks is they are very safe, therefore cant expect too much growth, but still decent returns, i believe once the hype with affin is over, funds might turn their attention to ABMB, provided they can show good results

2024-02-13 22:22

StartOfTheBull

Lower share price = higher dividend yield. It is time to add more.

2024-02-14 05:54

1DERFUL

Anyone has info why ABMB falling so much compare to other banks and Financial sector

2024-03-20 15:07

speakup

Abmb at 3 year high and u say falling????

2024-04-05 21:13

StartOfTheBull

30 Nov 2022 closing was RM3.87.
Maybe what he meant falling so much is actually mean ABMB is lagging behind other banks in terms of share price.

2024-04-05 22:28

speakup

🤦

2024-04-06 14:17

kokchengkai

good return stock with high % dividen...abmb worth above RM4

2024-05-30 13:21

StartOfTheBull

But is still being ignored by analysts too. LOL

2024-05-30 13:46

teknikal

Chart uptrend with share price above all SMA20, SMA50, SMA200. SMA is Simple Moving Average.

2024-05-30 14:36

troy88

Wow, well done. Nice dividend. Glad I am still keeping this underrated bank stock

2024-05-30 15:32

wallstreetrookieNEW

Any color on the latest SME loan growth numbers?

2024-06-05 11:41

yaustan24

ABMB is a laggard stock despite exceptionally good results reported. At this rate, it is expected to drift lower due to selling pressure.

2024-06-05 14:04

dawchok

Bought in for the expected 5.8% yield and leadership from DBS

2024-06-06 18:13

1288Go

Dawchok,
How is DBS involved with Alliance Bank?
Thank you..

2024-06-22 13:44

bilisinvestor

Can this small bank survive in this more competitive market? With the emergence of the digital banks?

2024-07-02 06:30

troy88

This underrated bank will slowly climb past RM4 in time..

2024-07-10 10:16

EZMONEY13

@troy88 in just 1 week time haha congrats

2024-07-17 15:54

troy88

Haha, I guess I weeks time is considered "slow". Good luck

2024-07-17 16:21

troy88

Slow and steady. RM4.50 incoming..

2024-08-14 10:13

EZMONEY13

Haha 50 cents at a time, ill take it

2024-08-19 10:11

troy88

Nice, touched 4.50 as predicted. More to come. Many investors ignored this underrated bank stock with such good dividend yield when it was cheap couple of months ago.

2024-08-21 09:32

ScotFree

Huat ah! Hehehe

2024-08-21 20:03

kenwilbur

Going down

2024-08-30 10:54

troy88

New high. Congrats to the patient holders

1 month ago

troy88

Congrats to all loyal shareholders of underrated ABMB

3 weeks ago

mf

2024-11-11

Price Target

Alliance Bank Malaysia - Possible DBS Entry- the Evolutionary Next Stage? BUY
Source : RHB-OSK, Price Call : BUY, Price Target : 5.50
Last Price : 4.87, Upside/Downside : +0.63(12.94%)

3 weeks ago

mf

Dow Jones

Dow Jones Industrial Average

44,293.13

+304.14

0.69%

Nasdaq

NASDAQ Composite

19,298.76

+11.98

0.06%

3 weeks ago

troy88

DBS is a powerhouse bank in Asia and my biggest bank holding in my portfolio. I'd be delighted if DBS can buy a big stake in ABMB and power it to new heights!

3 weeks ago

tssl74

@troy88...yes, Hope so.

3 weeks ago

ScotFree

5.5

2 weeks ago

EZMONEY13

it takes 4 months to reach RM5, cool and steady la

2 weeks ago

mf

2488 ABMB, ALLIANCE BANK MALAYSIA BERHAD - +
Changes in Sub. S-hldr s Int (Section 138 of CA 2016)
15 Nov 2024, 07:00
Particular of Substantial Shareholder
Name EMPLOYEES PROVIDENT FUND BOARD
Address 5th Floor, EPF Tower, No 1, Persiaran Kwasa Utama, 40150 Shah Alam Selangor
Malaysia
NRIC/Passport No/Company No EPF ACT 1991
Nationality/Country of Incorporation Malaysia
Descriptions (Class & Nominal Value) Ordinary Shares
Name & Address of Registered Holder You are advised to read the entire contents of the announcement or
attachment. To read the entire contents of the announcement or attachment,
please access the Bursa website at http://www.bursamalaysia.com

Change Detail
Change Date 13 Nov 2024
Change Reason
Disposed

Nature of Interest 118996993

Transaction Detail
Transaction Type Date of Change No of Securities Price Transacted (RM)
Disposed 12 Nov 2024 518,000 0.000

No of Securities after Change
Direct Interest (units) 118,996,993
Direct Interest (%) 7.687
Total Share after Change 118,996,993

Remarks You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
N202411153600095EN

2 weeks ago

tssl74

Anyone has any further update for this counter?

1 week ago

Creations

Dip to 4.96. Quite hurt.

6 days ago

StarOfTheBull

Expecting dividend announcement and QR out by tomorrow or this Friday.

6 days ago

Creations

Isn't that great news ? But it seems opposite way lol

6 days ago

tssl74

@Creations
You bought at high price?

6 days ago

tssl74

Hope for gd news

6 days ago

Creations

I bought at 5. Still holding while waiting something good.

6 days ago

EZMONEY13

Profit & rev QOQ YOY high, dividend lower, why !

4 days ago

Creations

div lower, and share price dip. from former maybank ceo. it aint right.

14 hours ago

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