| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
  redhotpepper I personally feel the dividend is around 18 sen. My personal opinion. What do you think? 16/08/2022 3:13 PM Markv572421 year end share price probably value at 5-6 ringgit ..Gogogogogo Affin !!! 17/08/2022 2:30 PM redhotpepper 5-6 Ringgit ? Emmm....can enlighten how was that derived ? Many of us will be rich by then :) 17/08/2022 3:25 PM redhotpepper Time to rethink or reinvest on other theme play stock. The option is yours. 26/08/2022 7:39 PM redhotpepper Catalyst for this stock also seems to be power, unable to move the stock 26/08/2022 9:09 PM redhotpepper The opr increase is one of the mover to increase the profit of affin, without the opr increase, I guess there is not much profit? Definitely overpriced stock. Sometimes low PE does not means good stuff. 28/08/2022 2:03 PM valueiseverything PE is just one of the many ways of calculating the value. If u expect Affin to obtain more and more revenue in coming months and years then just buy and vice versa 28/08/2022 4:49 PM hng33 Director cleverly seek BNM approval to grant them incentive share before offcially declare special dividend. 02/09/2022 10:34 AM hng33 Once, BNM approve, Director can get more grant share, allow them to entitle special dividend 02/09/2022 10:37 AM hng33 Very soon, the payment date must before end of Dec 2022.. It left only 3 month for announcemnt 1. Annocement date special dividend: Sept/Oct 2. Ex-date for dividend: Nov 3. payment date: Dec 02/09/2022 11:43 AM bullmarket1628 After 3 years pandemic already end,
next year onwards surely is the years of recovery and economy start booming time !
Like previously economy downturn period of: 1)Crisis 1986-1990 start booming 1993 to 1997 2)Crisis 1997-2000 start booming 2003 to 2006 3)Crisis 2006-2010 start booming 2013 to 2016 4)Crisis 2016-2022 start booming 2023 to 2027 So, our economy and KLSE will be spike up like mad start from year 2023 which is next year and i predict our KLSE this round of bull run start 2023 will hit it’s record high of around 2,000 points ! Heng Ah, Ong Ah, Huat Ah ! 03/09/2022 8:12 AM stockraider PETALING JAYA: Affin Bank Bhd (pic) is on track to achieve its financial year 2022 (FY22) targets, underpinned by the sale of the company’s stakes in its business units. The disposals would help to fuel its key banking division’s endeavours despite headwinds. The bank planned to sell its stake in Affin Hwang Asset Management Bhd (AHAM), which is expected to be completed by the end of the month. This would also raise the bank’s common equity Tier-1 (CET1) capital ratio. It received the green light from its shareholders in May to proceed with the sale of its 63% stake in AHAM held by Affin Hwang Investment Bank Bhd to Starlight Asset Sdn Bhd. The sale would unlock RM1.54bil in cash, which would boost its organic growth in the banking division. The bank has also obtained the approval from the Finance Ministry on the same month to dispose of 21% of its equity interest in AXA Affin Life Insurance Bhd (AALI) and 2.95% stake in AXA Affin General Insurance Bhd (AAGI) to Generali Asia N.V. Currently, Affin owns 51% in AALI and 49.95% in AAGI. Affin has agreed for the general insurance business of AAGI and MPI Generali Insurans Bhd (MPIG) to be merged under AAGI, whereby AAGI would acquire certain assets and liabilities of MPIG via a business transfer to create an enlarged company, subject to the approval of Bank Negara. A new local company (newco) would be incorporated to hold all of the shares in AALI and AAGI. Affin would, in turn, be holding 30% equity interest in the newco, with Generali holding the remaining 70% equity interest in the newco. Kenanga Research said the company would ensure that the working capital targets were sufficiently fulfilled before it considered the quantum of special dividends that might be paid. Of the RM1.54bil proceeds, the research house said it estimates a payout of 25% to shareholders, which could translate to about 18 sen in special dividends or 9% yield while still keeping CET1 level at around 15.8%. The sale of stakes in AALI and AAGI to the joint venture (JV) with Generali (estimated to be completed end of next month) would provide additional RM155mil cash while still being earnings accretive as an associate. That said, the operational integration of this JV is expected to only materialise by the first quarter of next year. Post-merger, the combined gross written premium is expected to stand at about RM2bil, behind market leader Allianz’s RM2.35bil book. There could be a two-pronged growth enjoyed with Generali’s non-cannibalistic product offerings on top of operational synergies from the merged entity, uplifting the segment’s overall contribution to beat its historical 5% of group earnings, going forward. The group remained confident that its 12% loans growth (the highest in the industry) target for FY22 is attainable. Kenanga, which maintained its “outperform” stance, said risks to its call included higher-than-expected margin squeeze, lower-than-expected loans growth, worse-than-expected deterioration in asset quality, slowdown in capital market activities, unfavourable currency fluctuations and changes to the overnight policy rate. 03/09/2022 10:44 AM valueiseverything Most of MY banking stocks are really doing well lolz...unlike US which mostly are very unstable and falling harder when economy is badly shaped. 04/09/2022 1:34 PM redhotpepper Yeah doing very well now, by the way, discount now, don't forget to buy more. 15/09/2022 3:01 PM hng33 Banking is best stock selection in time of rising interest rate. Affin pending special dividend is major catayst to propell stock move above resistance level at RM 2.30 20/09/2022 9:41 AM stockraider Good for the banks in msia....another 0.25% interest hike for msia loh! 22/09/2022 11:45 AM thesteward Really mad lo 2.07 nia and nta is rm4.75 . Should at least at rm3 la really siao 22/09/2022 6:38 PM hng33 Affin bank director is too greedy asking share grant. The additional share grant now is now pending BNM approval. Director wanna to get these share grant before declare special dividens foe them to entitle more 23/09/2022 3:00 PM warrantKing what rubbish is the Share Grant Scheme ? The director get FREE share instead of buying like ESOS ? 24/09/2022 1:26 PM  | APPS  I3 Messenger Individual or Group chat with anyone on I3investor  MQ Trader Earn MQ Points while trading with MQ Traders Group  MQ Affiliate Earn side income from MQ Affiliate Program
 295 397 504 1198 ActiveGainersLosers
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
