Highlights
KLSE: ABMB (2488)       ALLIANCE BANK MALAYSIA BHD MAIN : Finance
Last Price Today's Change   Day's Range   Trading Volume
2.18   +0.01 (0.46%)  2.16 - 2.18  684,400
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Overview

Market Cap: 3,375 Million
NOSH: 1,548 Million
Avg Volume (4 weeks):911,550
4 Weeks Range:2.14 - 2.26
4 Weeks Price Volatility (%):
33.33%
52 Weeks Range:1.48 - 2.96
52 Weeks Price Volatility (%):
47.30%
Average Price Target: 2.21
Price Target Upside/Downside: +0.03

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2020 [#1]  |  27-Aug-2020
Next QR | Est. Ann. Date: 30-Sep-2020  |  27-Nov-2020
T4Q P/E | EY: 7.47  |  13.39%
T4Q DY | Payout %: 2.75%  |  20.56%
T4Q NAPS | P/NAPS: 4.03  |  0.54
T4Q NP Margin | ROE: 26.43%  |  7.24%

Headlines

Date Subject
07-Sep-2020 信贷压力与减息冲击‧安联银行:盈利料走低
07-Sep-2020 [转贴] 5分钟看懂ABMB(2488) Q1 2020季报 ~ 最有潜质的银行股?~ 第一天
28-Aug-2020 Alliance Bank Malaysia Berhad - Encouraging Start
28-Aug-2020 Alliance Bank - Rebound Within Expectations
28-Aug-2020 Alliance Bank Malaysia - Steep compression in NIM; provisions remain elevated
28-Aug-2020 Alliance Bank - Broadly in Line
28-Aug-2020 Alliance Bank Malaysia - a Decent 1QFY21; Uncertainties Mostly in the Price
07-Aug-2020 [转贴] 银行股跌出价值?优质股如MAYBANK或PBBANK等等是否已经可以留意了呢?~ 第一天
27-Jul-2020 安联银行暂缺重估催化剂
06-Jul-2020 Alliance Bank - Downbeat Outlook
02-Jul-2020 Alliance Bank- Murky days ahead
01-Jul-2020 Banking - Still Holding Up Well
29-Jun-2020 Mplus Market Pulse - 29 Jun 2020
29-Jun-2020 Alliance Bank Malaysia Bhd - Credit Charge Higher Ahead
29-Jun-2020 Alliance Bank - Downbeat Outlook
26-Jun-2020 Alliance Bank Malaysia Bhd - Fee-based Income a Surprise
26-Jun-2020 Alliance Bank Malaysia Berhad - No Surprises
26-Jun-2020 Alliance Bank Malaysia Berhad - Better Than Expected But Still Earnings Declined
26-Jun-2020 Alliance Bank Malaysia - Moderation in loan growth; higher provisions
26-Jun-2020 Alliance Bank Malaysia Bhd - Fee-based Income a Surprise

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.
 
stocksyndicate no dividend. Hopeless
25/06/2020 11:29 PM
stocksyndicate All reports profit but Abmb profit drop every single quarter without improvement. The worst banking stock
25/06/2020 11:42 PM
shareinvestor88 Sell ? TP 1
26/06/2020 12:09 AM
aliyusof Big bad debts especially big single one from London Biscuits, cannot recover. No dividend after waiting so long.
26/06/2020 6:04 AM
aliyusof Better run fast
26/06/2020 6:08 AM
morivae Now we are only seeing defaulting from the listed companies, we haven't see the actual default from the ground yet so expect more default case from SMEs
26/06/2020 11:38 AM
aliyusof Yes, worst are from sme companies which is sctually the main business of this smallish bank.
26/06/2020 11:45 AM
TRADERPATEL Bank able to recover 70% of loan to London Biscuit
26/06/2020 2:20 PM
TA_trader Trader Patel. Don't talk. Just buy. Please load up
26/06/2020 8:22 PM
shareinvestor88 More losses in Q2-Q3 TRADING BUY 1.50
26/06/2020 8:44 PM
aliyusof Banking crisis imminent, warns economist

https://www.freemalaysiatoday.com/category/nation/2020/06/27/banking-crisis-imminent-warns-economist/
27/06/2020 10:45 AM
aliyusof Dow Jones down 730 points!
27/06/2020 10:46 AM
stockraider PEOPLE SEE IT CRISIS, RAIDER SEE IT IS OPPORTUNITY MAH...!!

Banking crisis imminent, warns economist
Minderjeet Kaur -June 27, 2020 10:30 AM

Economist Kameel Mydin Meera says the six-month debt moratorium is merely delaying defaults on housing and business loans.
PETALING JAYA: An economist has warned that a banking crisis is coming and urged the government to set up an agency to work towards lightening it.

Kameel Mydin Meera, an adjunct economics and finance professor at International Islamic University Malaysia, said the body he was proposing should monitor and address a surge in bankruptcies and foreclosures which he expected to happen in the coming months.

He told FMT the banking crisis would be an “indirect translation” of the bankruptcies and foreclosures.

“Bank mergers can therefore be expected to take place,” he said.


Kameel Mydin Meera
Referring to the six-month debt moratorium, Kameel said it had merely delayed defaults on housing and business loans taken by many borrowers who were now jobless.

“Once the moratorium is over in September, the scenario is going to be different,” he said.

He said Malaysia was heading for one of the worst economic recessions it had experienced in decades and recovery may take two years, with nearly all Malaysians feeling the pinch, the exceptions being civil servants and other workers on fixed salaries.

He noted that the production sector had been feeling the heat since March and said the construction sector, which suffered from a glut in the market even before Covid-19 hit, might be heading for worse.


Many experts have predicted a plunge in the prices of houses, and Kameel said there would be a “drastic drop” in the demand for business premises as people shift to e-business, e-meetings and e-education.

“People can now even buy ikan bilis online,” he noted.

He also said the government should take immediate steps to prevent any shrinking of liquidity.

“Liquidity is not about how much money is in the system, but how easily people can transact in the economy,” he said.

“Both the supply and demand shocks from the MCO (movement control order), in a way, have destroyed liquidity.”

He suggested the injection of more funds through stimulus packages.

“There were complaints that in the previous stimulus packages, many businesses did not get the promised help,” he said, adding that transparency was needed in the way funds were distributed.

Kameel also suggested the creation of jobs in high-tech agriculture, a sector that many have said is poised to grow after the Covid-19 crisis.

Hoo Ke Ping
He said the money would be in the digital economy because of its inclusivity, and he called for cheap access to communication networks but also to transportation. Accessibility to both would speed up recovery from a recession, he added.

Another economist, Hoo Ke Ping, said the real state of the Malaysian economy would be clearer in September as the country enters the third quarter of the economic year.

“If the economy continues to contract, then we will be in full scale recession,” he said. “But if the economy picks up even slightly by September, then we may escape recession and head towards a very weak economy.”
27/06/2020 11:24 AM
waikee housing loan NPL increasing...
28/06/2020 6:31 PM
aliyusof https://www.freemalaysiatoday.com/category/nation/2020/06/27/banking-crisis-imminent-warns-economist/
29/06/2020 9:45 AM
aliyusof https://www.theedgemarkets.com/article/banking-and-financial-system-suffer-rm1-trillion-losses-if-economy-not-reopened-—-pm?type=malaysia
29/06/2020 9:48 AM
aliyusof https://www.thestar.com.my/news/nation/2020/06/28/finance-minister-govt-to-discuss-with-banks-extension-of-six-month-loan-moratorium
29/06/2020 9:49 AM
aliyusof Extension of 6 months fixed bank loan moratorium will surely be carried out especially snap general election is likely called this year. Banks and all GLCs (appointment of know nothing MPs as chairmen) are doing charity work at the expense of shareholders. Votes are primary consideration lah.
29/06/2020 9:50 AM
aliyusof No dividend declared for 1Q, what to expect for 2 or 3 or 4 Q, which will be worst with full impacts of loan moratorium or further extension and more NPL? Will cut loss...what to do. Celaka
29/06/2020 9:53 AM
stocksyndicate Next quarter will be worse than you know
01/07/2020 12:30 PM
shareinvestor88 Yes agreed next few quarters gonna bleed. Wait for 1.50
01/07/2020 11:49 PM
Plantermen ABMB should continue their dividend policy and not stop it { this is the least they can do for the long suffering shareholders}
01/07/2020 11:52 PM
aliyusof https://www.theedgemarkets.com/article/mtuc-bnm-mof-compel-banks-extend-moratorium-or-see-record-forfeitures?type=malaysia
04/07/2020 12:24 PM
aliyusof This bank will be hard hit as his loans are mostly from SMEs. Massive bad loans will surface after 6 months moratorium and later if moratorium is extended. No dividend declared as directors know current situation is only the tip of the icerberg.
04/07/2020 12:26 PM
aliyusof This bank had lots of individual housing and car loans as well.
04/07/2020 12:43 PM
stocksyndicate Another rate cut next week.
05/07/2020 4:26 PM
stockraider This sohai LGE just want to fish votes loh....u think your grandfather own the bank meh ??

U better pakai otak & think lah, the banks already says willing to help the borrowers provided it is a viable case to help mah...!! If it is a gone case...better cut it short to prevent more damage later mah..!!


KUALA LUMPUR, July 5 — DAP secretary-general Lim Guan Eng has backed those calling the federal government to consider extending the moratorium on loan repayments slated to end in September by at least another six months.

Lim, who is also Bagan MP, cited how unemployment rates have gone up from 3.2 per cent in January to 5 per cent in April, with April’s figure amongst the highest in the recent decades.

“It will continue to go higher because many companies are still in the process of retrenching their employees. At a time when the economy is getting worse, many Malaysians and local businesses are not prepared to face the moratorium’s expiration.

“I hope the government will extend the moratorium period until the country’s economy begins to recover,” he said in a statement on Facebook here.

Under the Prihatin Rakyat Economic Stimulus Package’s (Prihatin), Bank Negara Malaysia (BNM) has proposed an automatic moratorium on all loan repayments by individuals and small and medium enterprises for six months from April 1 until September 30.

The former finance minister said any form of extension will help ordinary Malaysians plan their financial obligations properly and lighten the burden.

“There is no use in bankrupting anyone and exacerbating the economic downturn that we are weathering through at the moment,” he added.

He added that the six-month moratorium was estimated to cost RM100 billion, according to the prime minister.

“As reported by the finance minister, as much as RM47.5 billion have been utilised as of June 19. I am confident that the government could do much more,” Lim added.

It was reported on Friday that BNM said it was unlikely that financial institutions would extend the six-month moratorium on the payment of monthly instalments for vehicles and housing loans which will end on September 30.

BNM assistant governor Adnan Zaylani Mohamad Zahid reportedly said that the economic recovery would continue and that BNM has no intention of extending the moratorium as it would have repercussions that it wanted to avoid.

Adnan’s statement was consistent with Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz, who on June 28 said that it is up to the banks if they wish to extend the loan moratorium in a targeted way.

Tengku Zafrul was quoted as saying that the targeted moratorium extension should be looked at by banks on a case-by-case basis.
05/07/2020 10:28 PM
TA_trader why all so silent?

didnt cry mother, cry father saying it will fly?

Lowest profit in the past 10 years.

Worse profit announcement yet to come. Nobody wants to buy their loss making investment bank outfit.

https://www.theedgemarkets.com/article/newsbreak-four-parties-said-be-eyeing-alliance-investment-bank

Not is the investment outfit just loss making, but contributed unnecessary losses further.

https://www.theedgemarkets.com/article/alliance-bank-earnings-squeezed-london-biscuits

Interestingly, in a press statement dated the same day, Alliance Bank also revealed that it had made a full provision and impairment amounting to RM74.9 million for the few large accounts. The bank further said it has since initiated recovery actions on the affected accounts.

This leads to the question of which borrowers dragged down Alliance Bank’s bottom line in 1QFY2020.

One name that has come up is London Biscuits Bhd, a homegrown cake and snack food producer that has been thrust into the limelight for the wrong reasons lately.

Recall that London Biscuits had in June 2016 announced the establishment of its unrated medium term notes (MTN) programme of RM100 million.

The appointed principal adviser for this programme is none other than Alliance Investment Bank Bhd, the investment banking arm of locally listed Alliance Bank.


HAHAHAHA!

Senior management and mid level management milking shareholders nicely!
26/07/2020 10:47 PM
shareinvestor88 GOOD NEWS
29/07/2020 6:44 PM
kyliew manage to collect at RM2.12 this morning, luckily. keep for long term 2-3 years
29/07/2020 7:31 PM
shareinvestor88 Boss , likely losses plus another moratorium. Better bye 1.50
29/07/2020 11:04 PM
29/07/2020 11:06 PM
shareinvestor88 Bang , soon 1.50
03/08/2020 8:10 PM
Jonathan Keung Board stupid decision to with hold their dividend payment { conserve cash } but the shares drop like a brick
10/08/2020 2:31 PM
TA_trader cut dividind to conserve their cash to pay their management lor.

don't see them cut management's pay also. Net profit margin eroded over the years by higher pay to senior management including head of departments.
10/08/2020 11:12 PM
Plantermen Yup. TA trader. Board remuneration fee never cut but cut our expected dividend payout. Board directors insensitive and make stupid decision
11/08/2020 7:11 AM
raymondlct126 Haha.... That's what we always call banker and player. They're "banker" while we are player. We can't do anything.
20/08/2020 7:21 AM
TA_trader if you dont be a player, there wont be a banker. ;)
21/08/2020 9:20 PM
TA_trader another OPR cut coming soon. =)
24/08/2020 11:40 AM
raymondlct126 Haha.... like that we better KIV and looking for another counter lol
27/08/2020 7:21 PM
lomas Got any dividend this year?
27/08/2020 8:01 PM
stockraider Very good qtr result alliance bank loh...!!
27/08/2020 10:34 PM
Jonathan Keung Against market consensus. Profit higher but still withhold shareholders dividend
28/08/2020 8:22 AM
Sailangking collext keep for long term
06/09/2020 9:43 PM
TA_trader have yet to look at their financial reports. but suspect it has to do with the realisation of bonds from their books.

If so, then they will most likely record lower interest income and capital gains moving forward. Because bonds bought with higher coupons previously been sold off.

always finding ways to cover lubang.
11/09/2020 9:03 PM
neonstrife KIV list
18/09/2020 4:32 PM
Plantermen Coming qtr result ending 30 sep anticipated to be better than 1st Qtr which bear the brunt of the MCO covid pandemic lockdown
21/09/2020 12:51 PM
NavinShah Any dividend to shareholders or directors enjoy life.
21/09/2020 2:01 PM
Plantermen No dividends { hold back} for minorities × but directors still enjoying their food, clavier and other perks
21/09/2020 4:25 PM
Hafid https://www.theedgemarkets.com/article/nine-banks-malaysia-led-public-bank-and-ambank-linked-23-suspicious-transactions
22/09/2020 1:05 AM


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