Highlights
KLSE: ABMB (2488)       ALLIANCE BANK MALAYSIA BHD MAIN : Finance
Last Price Today's Change   Day's Range   Trading Volume
1.84   -0.02 (1.08%)  1.83 - 1.88  2,875,800
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Overview

Market Cap: 2,849 Million
NOSH: 1,548 Million
Avg Volume (4 weeks):4,225,090
4 Weeks Range:1.48 - 2.20
4 Weeks Price Volatility (%):
50.00%
52 Weeks Range:1.48 - 4.15
52 Weeks Price Volatility (%):
13.48%
Average Price Target: 3.03
Price Target Upside/Downside: +1.19

Financial Highlight

Latest Quarter | Ann. Date 31-Dec-2019 [#3]  |  28-Feb-2020
Next QR | Est. Ann. Date: 31-Mar-2020  |  29-May-2020
T4Q P/E | EY: 6.50  |  15.38%
T4Q DY | Payout %: 7.72%  |  50.19%
T4Q NAPS | P/NAPS: 3.82  |  0.48
T4Q NP Margin | ROE: 26.32%  |  7.41%

Headlines

Date Subject
01-Apr-2020 Banking Sector - Faster loan growth due to lower repayments
01-Apr-2020 Banking - Calm Before the Storm
01-Apr-2020 疫情下面对3大威胁‧银行股最糟恐财测砍半
31-Mar-2020 Banking - More Measures to Fight Covid-19 Impact
30-Mar-2020 Alliance Bank employee tests positive for Covid-19, three branches closed
30-Mar-2020 Banking - Uncertainty prevails
23-Mar-2020 Banking - Uncertainty Prevails
20-Mar-2020 Banking - 100bps SRR Cut
19-Mar-2020 BANKING - Another 25bps OPR cut looms; potentially higher credit cost
19-Mar-2020 Stocks on Radar - Alliance Bank Malaysia (2488)
16-Mar-2020 ABMB银行为例,有很多股价已跌至十多年来最低,回顾1998,2009年谷底后猛回弹。
12-Mar-2020 Banking - Impact of Covid-19 & oil crash
10-Mar-2020 Banking - 4Q19: An Unexciting Period; Caution Lies Ahead
09-Mar-2020 Alliance Bank - Still in Hope of Better Days Ahead
06-Mar-2020 Banking - 4Q19 Report Card: Closed Decently
05-Mar-2020 Banking - Jan 2020 BNM Stats – Moderation Continues
05-Mar-2020 Alliance Bank - Still Cautious, Despite Continual Qoq Recovery
04-Mar-2020 Banking - BNM Cut OPR by Another 25bps
03-Mar-2020 4QCY19 Results Review - Frosty Green Shoots
02-Mar-2020 Alliance Bank HOLD (maintain) Still Cautious, Despite Continual Qoq Recovery

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.
Analyze this stock with MQ Trader system

  5 people like this.
 
alipay88 cmon
18/03/2020 11:24 AM
Unkerpanjang Wow! 2.5% rally...... Whoo! Whoo!
Only ayam dare not buy!
18/03/2020 2:18 PM
johnyeoyeo gooooooood
18/03/2020 2:58 PM
ronald118 foreigner selling hard now..
18/03/2020 3:02 PM
apolloang semua no need repay bank,let banks all tutp cos they cheat the rakyat
18/03/2020 4:28 PM
johnyeoyeo apolloang betulkah huatlah
18/03/2020 4:45 PM
skybursa No need pay back loans doesn't benefit me. I'm debts free.
18/03/2020 10:49 PM
alipay88 gooooooddddddddddddd
19/03/2020 10:30 AM
ray1980 US Future drop 800 to 1000 points against, ABMB will retest low 1.49.Dont buy in any,TP 1.00 next three months coming.
19/03/2020 11:29 AM
Tedinvestor I'm not surprise if drop below 1.00
19/03/2020 1:25 PM
Icon8888 Waiting at RM0.8 now.
Mark my words, Dumb Dumb Hold.
19/03/2020 1:38 PM
alipay88 tp1.00
19/03/2020 2:09 PM
PotentialGhost Walao 9.3% dividends , can retire already this time
19/03/2020 2:29 PM
ronald118 walao....buy or run.. banks gave deferred payment now, foreseeing future very dark
19/03/2020 2:36 PM
abang_misai Noted. we will wait at 0.80

Icon8888 Waiting at RM0.8 now.
Mark my words, Dumb Dumb Hold
19/03/2020 4:39 PM
KAQ4468 0.8 ka ?


0.5 la better
19/03/2020 4:41 PM
Eric963708 dropped like no tomorrow la,
19/03/2020 8:16 PM
TA_trader why dumb dumb hold until 0.80? why dont wait and dumb dumb buy at 0.80? why dont dumb dumb buy at 1.60 when u dumb dumb find it cheap at 2.90?

sorhai?curse mother curse father?
19/03/2020 8:30 PM
20/03/2020 10:46 AM
alipay88 wooooooooooooooooooooooooooooooo
20/03/2020 11:20 AM
TA_trader see...sorhai didnt dumb dumb average down. Now rebound lo.
20/03/2020 10:25 PM
Keyman188 Lai...lai...lai...

My average price now is 1.55....

Waiting to buy some more...

Long waiting 1.40...

long waiting 1.25...

long waiting 1.10...

long waiting 0.95...
20/03/2020 10:55 PM
Keyman188 Fund allocation...

Example :-

Assumption investment fund : $ 200,000

During 1200 ~ 1300 lvl, intend to purchase 5 Co. (35% of total investmet funds allocation)

Co.A @ 2.00 = allocation of $ 18,500 = 9,200 units

Co.B @ 1.70 = allocation of $ 15,500 = 9,100 units

Co.C @ 1.50 = allocation of $ 14,000 = 9,300 units

Co.D @ 1.30 = allocation of $ 12,000 = 9,200 units

Co.E @ 1.10 = allocation of $ 10,000 = 9,000 units


If index further decelerated to 1050 ~ 1200 lvl, then another 35% of total investment funds allocation

Co.A @ 1.50 = allocation of $ 19,000 = 12,600 units

Co.B @ 1.30 = allocation of $ 16,500 = 12,700 units

Co.C @ 1.10 = allocation of $ 14,000 = 12,700 units

Co.D @ 0.90 = allocation of $ 11,500 = 12,700 units

Co.E @ 0.70 = allocation of $ 9,000 = 12,800 units


If index further decelerated below 1050, then balance 30% of total investment funds allocation

Co.A @ 1.10 = allocation of $ 19,000 = 17,200 units

Co.B @ 0.90 = allocation of $ 15,500 = 17,200 units

Co.C @ 0.70 = allocation of $ 12,000 = 17,100 units

Co.D @ 0.50 = allocation of $ 8,500 = 17,000 units

Co.E @ 0.30 = allocation of $ 5,000 = 16,600 units


## So total share holding & average price for each company :-

Co.A = $ 56,220 / 39,000 units = $ 1.4415

Co.B = $ 47,460 / 39,000 units = $ 1.2169

Co.C = $ 39,890 / 39,100 units = $ 1.0202

Co.D = $ 31,890 / 38,900 units = $ 0.8198

Co.E = $ 23,840 / 38,400 units = $ 0.6208


35% of investment fund - during range 1200 ~ 1300

35% of investment fund - during range 1050 ~ 1200

30% of investment fund - during below 1050...............



%% At the end, the final average price of each company almost lower than the price during 1050 ~ 1200 index level


@@ This is illustration & reference only....
21/03/2020 3:57 PM
Khoo810 Icon8888 cut lost ?
21/03/2020 9:34 PM
Keyman188 Lai...lai...lai....

No need talk 3 talk 4...

Long waiting ....

1.40...

1.25...

1.10...

0.950...

0.800...
22/03/2020 2:50 PM
onlyhuat888 cut rate 1% bank earning will drop la...
22/03/2020 5:07 PM
stocksyndicate Reasonable TP 60 cents. Business are shutting down . Defaulters are lining up to declare bankruptcy. Bad loans are piling up.
23/03/2020 7:23 AM
i3lurker Jual murah jual murah

60 sen satu share

mesti beli jangan tak beli
23/03/2020 7:24 AM
alipay88 lelong lelong
23/03/2020 1:30 PM
keonkx123 Dumb dumb hold and keep average down until it reach 0.50 cents when you see no future in this counter. Lol jokers
24/03/2020 2:54 AM
Hunger4money Dji future up 460 point now.
24/03/2020 12:18 PM
TA_trader oh no...icon didnt manage to average at the low.
24/03/2020 3:46 PM
东方不败 BANKING SECTOR DOWNGRADE BY CITIBANK

https://klse.i3investor.com/blogs/DFBB/2020-03-24-story-h1485614574-BANKING_SECTOR_DOWNGRADE_BY_CITIBANK.jsp
24/03/2020 5:58 PM
Keyman188 Lai...lai...lai.....

No need talk downgraded or upgraded....

I am holding @ 1.55 right now.....

Long waiting to bet further.....

1.40...

1.25...

1.10...

0.95...
24/03/2020 9:31 PM
myongcc5 BNM announces automatic 6 mths moratorium on all loans except cedit card balances!
24/03/2020 10:20 PM
10bagger10 So whats the effect?
24/03/2020 11:34 PM
24/03/2020 11:54 PM
i3lurker BE CAREFUL

latest Bank Negara annoucement is designed to bankrupt more than a million people in Malaysia.

credit card installments NOT allowed to be deferred.
25/03/2020 10:52 AM
i3lurker credit card holders MUST pay more than normal payments
since credit card holders already cannot pay normal payments

how can credit card holders pay MORE than normal?

Bank Negara tot about it
and taking the opportunity to bankrupt more than 1 million people in Malaysia.
When these people go bankrupt, those housing loans will go bankrupt also.

Bank Negara's ultimate objective is to make houses more affordable coz all these bankrupts will have houses forced sold.

There is definite systemic risk to the banking system with this Bank Negara Annoucement
25/03/2020 10:58 AM
25/03/2020 12:30 PM
alipay88 show time
25/03/2020 1:11 PM
25/03/2020 3:16 PM
TA_trader friends,

Q. Which loan/financing qualifies for the deferment?

For individuals and small and medium enterprises (SMEs), the deferment in conventional loans or Islamic financing repayment obligations (except credit cards) are automatically effected by banks and development financial institutions (DFIs) if the loans/financing meet these criteria:

• not in arrears exceeding 90 days as at 1 April 2020; and

• denominated in Malaysian Ringgit.

Meanwhile, corporate borrowers/customers may request for a moratorium on loan/financing repayment from their respective banks.
26/03/2020 9:48 AM
TA_trader so all SME automatically have their payments deferred ya. Not surprised if we see ALBB hike their MYR FD campagin to offset this.

pandai2 la
26/03/2020 1:04 PM
Keyman188 Lai...Lai...Lai...

Orang tua tak greedy...

Long waiting to reload further....(holding right now @ 1.55)

1.50...(upgrade from previous entry level)

1.40...

1.30...

1.20...

1.10...
28/03/2020 2:55 PM
EDINVESTOR Valuation in terms of PE are much higher than AMBANK. Doesn't even worth a look. Non performing loans will spiraling out of control soon. Cash call most likely. Prepare huge sum of money for right issues. Not worth buying.
28/03/2020 7:07 PM
Keyman188 Kesian...kesian...kesian... 

Now I know why Warren Buffet always Warren Buffet.....No matter sunny day or rainy day... 

Now I know why farmers always farmers...No matter drought season or inundation incident... 


** In fact I loved this title...... 

Why "A" Students Work for "C" Students and Why "B" Students Work for the GovernGovernment - author by  Robert T. Kiyosaki 


^^ So "C" students Work for "Who".....!!!!!!
28/03/2020 8:33 PM
Keyman188 Sian lorrr....Super Sian...

No IDSS until 30/04/20...

No margin call until 30/09/20...

So how to catch the fall knight again !!!....

Long waiting liao.....
29/03/2020 5:33 PM
stncws HSBC IS STOPPING GIVING DIVIDEN. MALAYSIA BANK NAY FOLLOW.

FD STILL THE BEST
01/04/2020 5:50 PM
TA_trader suddenly dumb dumb icon silent, but busy commenting about collecting other counters.
05/04/2020 6:33 PM


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