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Overview
Financial Highlight
HeadlinesBusiness Background Affin Holdings Berhad is a bank headquartered in Kuala Lumpur and operating in Malaysia. Under the name Affinbank, the company provides consumer banking, car hire purchase, mortgages, credit and debit cards, and wealth management. Under the Affin Islamic name, the bank provides Shariah-compliant services to clients. The company offers investment banking services under the name Afiin Hwang Capital, along with securities services and asset management. The majority of the group’s revenue comes from Commercial Banking within Malaysia.
  Kim Lets catalysts sour grapes it except CIMB +) I support CIMB RM4.30 My TP RM5 hahaha 01/10/2024 10:35 AM  TheContrarian But, but, but ..... someone said might drop to 2.50 ........ hahahahaha. 01/10/2024 4:35 PM Bursino Yesterday CIMB called Affin a BUY and their arithmetic on fair value is 4.30. Four dollar thirty sen. Only thing CIMB didn't say when can hit 4.30. 01/10/2024 4:40 PM Bursino You people very cun-lah. One knows it will drop no further. Another knew it will fly. 🤗 01/10/2024 4:47 PM TheContrarian Already 4 days has lapsed since the signing of the S&P last Friday. Abang Jo hasn't announced the purchase consideration .......... because Abang Jo doesn't know, hahaha 🤣🤣🤣 01/10/2024 11:02 PM Kim Today is the day =) Going like missiles Iranian 🔥 New shareholders on the way RM2.95 RM2.98 RM3.05 02/10/2024 8:52 AM Plantermen Sentiment affected by Iran counter strike retailation against Israel overpay. Technically wallstreet have more or less down play the ongoing escalation the Middle East conflict. Israel is aware Iran is a big military power block In the Middle East 03/10/2024 8:27 AM TheContrarian In Sarawak's heart, where rivers flow, A leader's hand, a steady show. Abang Jo, a name renowned, Affin's shares, now firmly bound. With wisdom gained and experience keen, A corporate realm, a vibrant scene. A takeover, a strategic move, A future bright, for all to groove. Though challenges lie ahead, it's true, Abang Jo's guidance, will see it through. Affin's shares, a promising sight, A beacon of hope, shining bright. 03/10/2024 6:27 PM TheContrarian Shorted and scorned, a fallen star, Affin's worth, concealed so far. But in the depths, a spark ignites, A phoenix rising, shining bright. With every doubt, a strength grows deep, A silent force, a future's keep. The market's game, a fickle test, But Affin's spirit, stands the best. A day will dawn, a tide will turn, The short-sellers' schemes will burn. Affin's ascent, a glorious sight, A beacon of hope, shining bright. 03/10/2024 7:11 PM TheContrarian Once scorned and shunned, a stock so low, Affin, undervalued, a painful blow. Short sellers flocked, their bets were made, A downward spiral, a fearful trade. But tides can turn, markets can mend, Affin's worth, it starts to ascend. Rumors spread, a catalyst's gleam, Short sellers panic, their profits scream. Buybacks begin, a hasty retreat, The downward spiral, a painful defeat. The tables turn, the tide has swayed, Affin's value, no longer delayed. 14/10/2024 6:12 PM TheContrarian Beneath the skies of Sarawak's grace, A leader stands, with wisdom's trace. Abang Jo, a name renowned and bright, Will guide Affin towards a shining light. With steadfast hand and heart of gold, He'll steer the bank, a tale untold. Affin's future, secure and grand, Under his guidance, across the land. The share price, a soaring bird, will fly, As trust and confidence multiply. Investors' faith, a beacon's gleam, Will fuel Affin's prosperous dream. 14/10/2024 8:50 PM TheContrarian Yesterday Affin closed 4 sen higher, today another 4 sen higher. Will tomorrow see another 4 sen gain? 15/10/2024 5:28 PM TheContrarian Monday Affin closed 4 sen higher, yesterday closed another 4 sen higher, today 6 sen higher. 16/10/2024 5:28 PM TheContrarian A gem oft overlooked, a stock unpraised, Affin, undervalued, its worth unrazed. But tides are turning, a shift in the air, Affin's share price, poised to declare. From shadows of doubt, it starts to ascend, A beacon of hope, a trend to transcend. Investors awaken, their eyes now see, The potential within, wild and free. With every tick up, a whisper of cheer, Affin's ascent, dispelling all fear. A journey of growth, a story untold, A tale of resilience, a future bold. 16/10/2024 6:21 PM TheContrarian Affin closed 4 sen up on Monday, another 4 sen up on Tuesday and 6 sen up today. Tomorrow will Affin close another 6 sen up? 16/10/2024 9:01 PM TheContrarian Several people recently boldly said that Affin will crash to RM2, hahaha 🤣🤣🤣 16/10/2024 9:51 PM Dehcomic01 Affin – will a change of shareholders improve performance The performance of Bursa banking group Affin over the past 12 year was nothing to shout about. Its performance, measured against a panel of 10 Bursa Malaysia banks, is below the sector median across key metrics such as returns, efficiency, and loan performance. However, it has improved its capital adequacy ratio. But I would not consider Affin is a value trap as it remains profitable with a margin of safety over 30% based on the asset value. However, it lacks a sufficient margin of safety under the earnings value. The Sarawak State Government has recently acquired a substantial stake in the bank. There is hope that the state would divert its funds to Affin thereby improving its deposits and hopefully grow its loans. But if the challenge is efficiency and loan performance, I am not sure whether there would be a quantum leap in performance. For more insights refer to page 20 of INVEST https://notice.shareinvestor.com/email/newsletter/invest/pdf/Vol229-Invest-18Oct.pdf 22/10/2024 8:26 AM mf Dow Jones Dow Jones Industrial Average 44,293.13 +304.14 0.69% Nasdaq NASDAQ Composite 19,298.76 +11.98 0.06% 12/11/2024 8:56 AM loribalak Careful guys. Must look at the quality of the profits. If profitability is maintained by reversing provisions instead of the normal course of business... then it is bad news 18/11/2024 6:23 PM TheContrarian After having sold at RM3.00 end of October, it's time to buy back tomorrow. 18/11/2024 11:06 PM loribalak Yes RM2 would be a good buy. It will take quite a while for Sarawak to clean up Affin 20/11/2024 10:00 PM KingKKK AFFIN: Strong Q3, Intrinsic Value RM3.03 https://klse.i3investor.com/web/blog/detail/bestStocks/2024-11-22-story-h474754653-AFFIN_Strong_Q3_Intrinsic_Value_RM3_03 22/11/2024 2:09 PM  | |
