Highlights
KLSE: ABMB (2488)       ALLIANCE BANK MALAYSIA BHD MAIN : Finance
Last Price Today's Change   Day's Range   Trading Volume
2.93   +0.02 (0.69%)  2.88 - 2.93  4,290,000
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Overview

Market Cap: 4,536 Million
NOSH: 1,548 Million
Avg Volume (4 weeks):6,233,884
4 Weeks Range:2.68 - 2.96
4 Weeks Price Volatility (%):
89.29%
52 Weeks Range:2.57 - 4.35
52 Weeks Price Volatility (%):
20.22%
Average Price Target: 3.91
Price Target Upside/Downside: +0.98

Financial Highlight

Latest Quarter | Ann. Date 31-Sep-2019 [#4]  |  29-May-2019
Next QR | Est. Ann. Date: 30-Jun-2019  |  30-Aug-2019
T4Q P/E | EY: 8.44  |  11.85%
T4Q DY | Payout %: 5.70%  |  48.09%
T4Q NAPS | P/NAPS: 3.7  |  0.79
T4Q NP Margin | ROE: 33.14%  |  9.39%

Headlines

Date Subject
18-Nov-2019 Banking - Impact of An SRR Cut
15-Nov-2019 Stocks on Radar - Alliance Bank Malaysia (2488)
13-Nov-2019 COMMENTS ON ALLIANCE BANK BERHAD (2488) - louisesinvesting
13-Nov-2019 (Icon) Alliance Bank - One Off Provision Affected Previous Quarter Earning. Time To Buy On Weakness
12-Nov-2019 Technical View - Alliance Bank Malaysia Bhd (ABMB, 2488)
11-Nov-2019 Banking - BNM Reduces SRR
11-Nov-2019 Mplus Market Pulse - 11 Nov 2019
09-Nov-2019 下跌股:安联银行RM2.66支撑
31-Oct-2019 Alliance Bank Malaysia Bhd - Looking Attractive
31-Oct-2019 Alliance Bank Malaysia Bhd - Brace for A Slight Hump Ahead
21-Oct-2019 Stock on Radar - Alliance Bank Malaysia (2488)
14-Oct-2019 Budget 2020 - Engineering Inclusive Growth
10-Oct-2019 Alliance Bank - Ripe for a Technical Rebound Amid Compelling Valuations and Attractive Dividend Yields
09-Oct-2019 Alliance Bank - Not Doom, Just Gloom
02-Oct-2019 4Q19 Investment Strategy - Turning a Gentle Corner
02-Oct-2019 Banking - BNM Stats. (Aug 19)
01-Oct-2019 Banking - Still a Slow Walk
24-Sep-2019 安联银行跌不停……
04-Sep-2019 2Q 2019 Result Round-Up - Another Forgettable Quarter
04-Sep-2019 Banking - BNM Stats. (Jul 19): Loans Down But Approvals Up

Business Background

Alliance Bank Malaysia Bhd, formerly Alliance Financial Group is a Malaysia-based company engaged in providing banking and financial services. Its core business segments consist of the Consumer Banking segment, which offers personal banking solutions, including mortgages, various loans, hire purchase facilities, credit cards, and wealth management; the business banking segment, which consists of small and midsize enterprise and wholesale banking, and offers products and services, such as cash management, trade finance, treasury, and structured solutions; the financial markets segment, which offers money market, hedging, foreign exchange, wealth management, and other services; and the investment banking segment, which provides stockbroking and corporate advisory services.
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  5 people like this.
 
stncws so fast back to Rm2.80..next rm3
14/10/2019 6:47 PM
chkhooju Trend reversal. Do nimble a little while it's still cheap.
14/10/2019 7:35 PM
riko 2.3 ?? laugh die.
14/10/2019 9:17 PM
Rex Ang 3.2..baru betul la
17/10/2019 9:11 AM
mk00001 Alliance Bank collaborates with CGC to ease SMEs' financing
21/10/2019 6:30 PM
stncws EPF makes down to buy more...!
22/10/2019 12:39 PM
Mabel How come it's still coming down?

London bis should have already been factored..
23/10/2019 11:35 PM
kongming1 down is good, you can accumulate with cheaper price. why wan go up?
23/10/2019 11:38 PM
Mabel Collected enough..
24/10/2019 12:40 PM
TA_trader i really dont understand. Just click on financials tab. Go to net profit. Please tell me at which time they reported a NP of 76 million for that quarter? As far as i can see, they have not reported such a low profit, not even since 2010.

KLCI up, S&P 500 up. ABMB barely nudged. In fact edging lower. What cannot go up when its broad risk is up, then u should only know how it will react when broad risk starts to turn.
30/10/2019 10:51 PM
TA_trader What makes you think LDN biscuit has been factored in?

Just put yourself in the bank's employee's position. If you know this year no matter how hard you work to meet your target, yet the bank as a whole is not gonna perform well, do you think you will push hard to meet targets this year?

Dont forget, this is only first quarter. You try hard to exceed your target, if you can meet, your bonus will be poor, because bank as a whole not performing. Worse still, because you exceeded your target this year. Your next year's budget will be based on an increment on top of WHAT YOU HAVE ACHIEVED this year, and not your this years budget. Think la ADUH
30/10/2019 10:55 PM
factslim1 Considering the full three-month impact from May 2019’s overnight policy rate (OPR) cut, second quarter of FY20’s (2QFY20) NIM would be affected the most. However, in the following quarter, it should recover, since 66% of its non-Casa (current account and savings account) deposits are due for maturity within six months (calculated from March 2019 onwards) and will be repriced downwards.
31/10/2019 2:42 PM
therainmaker DONT WAIT AND BUY, BUY NOW AND WAIT!

Many people are afraid to lose money. They want to sleep soundly every night.

So am I. I am just as fearful as everyone else losing money. Therefore, let me recommend you

"PRESENTING ARBB (7181) THE GOOD STOCK FOR INVESTORS"

Why is ARBB (7181) GOOD?

These are my Reasons:

1) ARBB HAS ZERO GEARING

Current Liabilities/Non-Current Liabilities

Borrowings - ZERO

If a company has no borrowings or low borrowings can they go bankrupt if you don't owe money to bank, friends or financial institution?

Their cash in the bank is more than enough to cover all their liabilities.

No one or Company can be low in debt, SO ARBB IS A STOCK ON WHICH YOU CAN BUY AND SLEEP SOUNDLY.

2) HIGH NTA

I do not know why so many analysts or retailers start to use NTA as a valuation-base. I used to hear of PER being popularly used, perhaps ... P/B too. But NTA? Why every tom-dick now talking about the NTA of companies when we are trading/investing? Who started the NTA game? The NTA of ARBB is HIGH NTA value ... therefore, it is under-valued.

Price/NTA = 106.1%

3)ARBB IS ON THE RIGHT TRACK IR4.0 INDUSTRY

ARB is in the IR4. 0 industry where every developed or developing countries are heading to, its just a matter of time arb going SHOOT UP SKY HIGH! There are so much potential in IR4.0 industry company, The reasons why industry 4.0 is important are the benefits, BECAUSE It helps manufacturers with current challenges by becoming more flexible and making reacting to changes in the market easier. It can increase the speed of innovation and is very consumer centred, leading to faster design processes. Arb is ON the right track, so what are you waiting for? Until ARBB hit RM2.50, then only you regret??

PRICE FROM SEPTEMBER 0.305SEN RISE UP TO 0.40SEN YESTERDAY

So WHY NOT BUY ARBB? GO AHEAD.

To me, I’m ALL in ready for the spike! Keep it as my retirement fund.

PRICE SURE KEEP INCREASING EVERY QUARTER, TIME IS MONEY AND TIME DOES NOT WAIT FOR NO ONE! GO FOR ARBB, STRIVE FOR SUCCESS!
05/11/2019 4:59 PM
Rex Ang hope 3rd quater also have 0.085 dividen
06/11/2019 11:18 AM
wynwyn Yay!
07/11/2019 12:43 PM
setia2u MSCI Global Standard Indexes November Review: Deleted 3 counters from BURSA, ABMB, SIMEPROP & SPSETIA
08/11/2019 10:22 AM
Eric6790 why delete this 3 account?
08/11/2019 11:16 AM
Ong Harn Harn All bank counter up , what happen with this counter?
08/11/2019 11:55 AM
stncws epf IS BUYING !!!
08/11/2019 11:58 AM
newbie911 Cut loss?
08/11/2019 12:18 PM
Eric6790 this bank bad luck, negative news always hit them, think can above 3 but today drop quite much
08/11/2019 12:28 PM
kstan1102 MSCI Global Standard Indexes November Review: Deleted 3 counters from BURSA, ABMB, SIMEPROP & SPSETIA
Correction: MSCI drops four constituents which are Boustead Planatations, E&O, HL industries and UOA.
08/11/2019 3:39 PM
Tedinvestor Just keep buying
08/11/2019 3:55 PM
flexibt MSCI GLOBAL STANDARD INDEXES

https://app2.msci.com/eqb/gimi/stdindex/MSCI_Nov19_STPublicList.pdf

MSCI GLOBAL SMALL CAP INDEXES

https://app2.msci.com/eqb/gimi/smallcap/MSCI_Nov19_SCPublicList.pdf

SpSetia and abmb become small cap..
08/11/2019 4:00 PM
kstan1102 you are right
08/11/2019 4:09 PM
Tedinvestor Small ,medium or big, just top up if there's a sales going on. I bought another 20,000 today
08/11/2019 4:25 PM
flexibt big fund collects now...
08/11/2019 4:27 PM
Tedinvestor Told you to buy . Now already rebound
08/11/2019 4:40 PM
Henry8833 Fire sales. Bought few lots RM 2.78. Will rebound as small cap funds will buy. People like us saw value (value investing) will buy also with div yield 6% or more.
08/11/2019 6:35 PM
Henry8833 Will continue to buy if drop next week.
08/11/2019 6:38 PM
stocksyndicate The same situation happened before to AMBANK when it was kicked out from the index link stock. Fundamentals do not change to Alliance. Buy if you can still afford. Investors like us only looking for good bargain.
08/11/2019 6:59 PM
Mabel @TA_trader What makes you think LDN biscuit has been factored in?

Just put yourself in the bank's employee's position. If you know this year no matter how hard you work to meet your target, yet the bank as a whole is not gonna perform well, do you think you will push hard to meet targets this year?

Dont forget, this is only first quarter. You try hard to exceed your target, if you can meet, your bonus will be poor, because bank as a whole not performing. Worse still, because you exceeded your target this year. Your next year's budget will be based on an increment on top of WHAT YOU HAVE ACHIEVED this year, and not your this years budget. Think la ADUH

Cheers TA_trader !

Sound good to me...
08/11/2019 11:58 PM
newbie911 Dont forget Temasek is major shareholder for ABMB.
10/11/2019 7:16 PM
siva123 This is bank is said (cannot be confirmed) to hv exposure to London Biscuits. There was news that London Biscuits defaulted on loans with 7 banking institutions. Not sure how can banks lend to such borrowers? We cannot hv 7 banks getting it wrong. Unless there is something behind the curtain.
12/11/2019 5:30 PM
Icon8888 https://klse.i3investor.com/blogs/icon8888/235203.jsp
13/11/2019 10:24 AM
Eric Pang Hong Kong protests continue to disrupt operations of local banks
Banks advise customers to use mobile banking amid suspension of the services of a set of branches due to protests.


Continuing protests in Hong Kong keep disrupting the operations of local banks. Today, a number of bank branches are closed due to what is (in a politically correct manner) referred to as “public events”.

HSBC published a notice on its website warning that several of its branches are closed today:



“HSBC University of Hong Kong Branch, Festival Walk Branch & Premier Centre, Jade Plaza Branch, Central Branch & Premier Centre, Exchange Square Branch & Premier Centre are closed on 12 November 2019 due to public events. HSBC customers can use the Bank’s Internet Banking, Mobile Banking, Phone Banking or self-service banking terminals. We are sorry for the inconvenience and will provide updates on the operation of our outlets as the situation evolves”.

Standard Chartered has informed its customers of nine branches affected by the “public events”.
13/11/2019 1:04 PM
13/11/2019 1:40 PM
LouiseS Alliance Bank's last five years earning per share fluctuated from 31.9 to 34.8sen. At current share price, P/E ratio is at relatively low level (9.26). Total annual dividend payout was 16.7sen per share, at current share price dividend yield is around 5.84%. Alliance Bank is not one of the top performing banks in Malaysia, return on equity around 8.37% only, cost-to-income ratio, relatively high at around 50%. Management have room for improvement to match the performance of other major banks in Malaysia. Dividend payout ratio is at 48%, which is similar other banks. Overall, shares investment in Alliance Bank are less attractive compared to Maybank, CIMB Bank and Public Bank, except for the good dividend yield at current low share price.

https://louisesinvesting.blogspot.com/2019/11/comments-on-alliance-bank-berhad-2488.html
13/11/2019 3:23 PM
Eric Pang Sell sell sell , although 74 billion release to market but it mean that the economic will be worst, national bank will decrease the interest rate again soon
13/11/2019 7:41 PM
Eric Pang Hong Kong protests continue to disrupt operations of local banks
Banks advise customers to use mobile banking amid suspension of the services of a set of branches due to protests.


Continuing protests in Hong Kong keep disrupting the operations of local banks. Today, a number of bank branches are closed due to what is (in a politically correct manner) referred to as “public events”.

HSBC published a notice on its website warning that several of its branches are closed today:



“HSBC University of Hong Kong Branch, Festival Walk Branch & Premier Centre, Jade Plaza Branch, Central Branch & Premier Centre, Exchange Square Branch & Premier Centre are closed on 12 November 2019 due to public events. HSBC customers can use the Bank’s Internet Banking, Mobile Banking, Phone Banking or self-service banking terminals. We are sorry for the inconvenience and will provide updates on the operation of our outlets as the situation evolves”.

Standard Chartered has informed its customers of nine branches affected by the “public events”.
13/11/2019 7:46 PM
Eric Pang Head Bank like Maybank and CIMA start to drop already, next will be the smaller banks, sell and run. Economic will be worst and national bank is going to decrease the interests again soon.
13/11/2019 7:50 PM
Eric Pang 特朗普在讲话中对美中经贸关系的状况做出了新的评估。他认为,与他上任之前相比,美中经贸关系已经发生了重大变化,中国不再能够毫无忌惮的侵占或者伤害美国的利益。

他称,与中国的第一部分可能很快“敲定”,但“如果没有的话,我们将大幅度地提高关税。”
13/11/2019 8:07 PM
Eric Pang 中美贸易谈判进展未明,加上香港局势恶化,冲击投资情绪,区域股市全面滑落,其中香港股市恒生指数重挫2.02%、上海股市综指跌0.33%以及东京日经指数跌0.85%。

市场静待本周五的大马第三季经济成长数据出炉,马币微跌至4.1500,昨日为4.1410。
14/11/2019 6:54 AM
ramunia Eric Pang, bad news are good news.. Buy more
14/11/2019 7:15 AM
May Chua Way to go! Yay!
14/11/2019 1:45 PM
factslim1 Sime Darby Property Bhd, S P Setia Bhd and Alliance Bank Malaysia Bhd will be deleted from the MSCI Global Standard Indexes' MSCI Malaysia Index, following MSCI Inc's latest semi-annual index review. The changes in constituents for the MSCI Global Standard Indexes will take place on Nov 26.
14/11/2019 3:54 PM
Eric Pang 中美贸易谈判或陷僵局·​美股涨跌不一或陷僵局·​美股涨跌不一

(纽约15日讯)美中谈判或陷僵局,英国《金融时报》报道称中美可能难以敲定第一阶段贸易协议,中国正在想方设法延迟休战,降低了在未来几天达成最终协议的机会。纽约股市三大股指14日涨跌不一。
15/11/2019 9:42 AM
ahbah "Posted by Eric Pang > Nov 13, 2019 7:41 PM | Report Abuse

Sell sell sell , although 74 billion release to market but it mean that the economic will be worst, national bank will decrease the interest rate again soon"

1st, the 74 billion rm release will flood the banks n they will give loans to make more money. Buy bank stocks.

2nd, later the 74 billion rm release will flood our mkt, during which even rock, stone n pebbles will float up !!!. Just close eye n hantam any counter U like !
15/11/2019 1:27 PM
i3lurker dun worry

all the RM74 Billion released to market
110% will all become bad debt

then another RM150 Billion released to market again....

so you should expect few hundred Billion RM mari mari
15/11/2019 1:32 PM
i3lurker dun believe ALL RM74 Billion become bad debts?

see Barakah now -30 sen liability

you give them, 30 sen make it zero

then must give another 30 sen again


similarly

give RM74 Billion become zero

then give RM74 Billion again to become postive
15/11/2019 1:37 PM
NavinShah Malaysia boleh.
16/11/2019 6:46 AM


 

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