Highlights
KLSE: AFFIN (5185)       AFFIN HOLDINGS BHD MAIN : Finance
Last Price Today's Change   Day's Range   Trading Volume
2.28   +0.03 (1.33%)  2.26 - 2.28  44,200
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Overview

Market Cap: 4,528 Million
NOSH: 1,986 Million
Avg Volume (4 weeks):140,876
4 Weeks Range:2.20 - 2.30
4 Weeks Price Volatility (%):
80.00%
52 Weeks Range:2.18 - 2.63
52 Weeks Price Volatility (%):
22.22%
Average Price Target: 2.59
Price Target Upside/Downside: +0.31

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2018 [#3]  |  28-Nov-2018
Next QR | Est. Ann. Date: 31-Dec-2018  |  28-Feb-2019
T4Q P/E | EY: 8.56  |  11.68%
T4Q DY | Payout %: 2.14%  |  18.37%
T4Q NAPS | P/NAPS: 4.3046  |  0.53
T4Q NP Margin | ROE: 27.56%  |  6.19%

Headlines

Date Subject
18-Jan-2019 Mplus Market Pulse - 18 Jan 2019
03-Jan-2019 Banking - Cautious Still
20-Dec-2018 艾芬银行 净利息赚幅蒙压
19-Dec-2018 Banking - 3Q Results Review: No Change in Our View of Moderation Ahead
14-Dec-2018 AmWatch - Stock Focus Of The Day
14-Dec-2018 Affin Bank - Affinity’ to boost transactional capabilities, CASA
14-Dec-2018 Affin Bank - Affinity’ to boost transactional capabilities, CASA
05-Dec-2018 Affin Bank aims for 10,000 Visa Business Platinum credit cards
29-Nov-2018 Affin Bank - Improvement in GIL
29-Nov-2018 Affin Bank Berhad - Expected Write Back Came Through
29-Nov-2018 Affin Bank - Driving by Lower Impairments
29-Nov-2018 Mplus Market Pulse - 29 Nov 2018
02-Nov-2018 Banking - BNM Stats: (Sep 18) – Business Leading the Charge
19-Oct-2018 PublicInvest Research Headlines - 19 Oct 2018
05-Sep-2018 艾芬银行 两年财测下砍
05-Sep-2018 Mplus Market Pulse - 5 Sept 2018
04-Sep-2018 Affin Bank Berhad - Doable Loans Target
04-Sep-2018 Affin Bank - More Clarity on Asset Quality
04-Sep-2018 Affin Bank Berhad - Clearly Still in Transition
29-Aug-2018 Affin Bank - MFRS9 Hits Bottomline

Business 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.
Analyze this stock with MQ Trader system

  anthonylow likes this.
 
TheContrarian Impressive QR and 5 sen dividend.
28/11/2018 20:25
Fabien Extraordinaire considering to add more
28/11/2018 20:52
TheContrarian Wise men say ..... only fools rush in. This is a bear market, take your time, more people hoping to get out.
28/11/2018 21:11
Fabien Extraordinaire exactly, more people getting out.

that's when i'm coming in. hahaha
28/11/2018 21:25
ks5S https://www.nst.com.my/business/2018/11/435445/affin-banks-q3-net-profit-jumps-rm145m-revenue-rm496m
28/11/2018 21:44
TheContrarian Go, go, go Affin.
29/11/2018 10:06
adstey Dividend of 5 cts peanut, at least 10 cts to make up div yield of 10cts/RM2.40=4.16%. Should at least to match FD rate of 4% for investors incentive.
29/11/2018 12:25
thenextwave This only interim dividend. Not final dividend.
29/11/2018 13:49
TheContrarian My cost RM2.29, can make peanuts already. Hahaha.
29/11/2018 15:59
aklobi Any ex date for divs?
04/12/2018 14:09
TheContrarian Sex date not yet .... ops Ex date.
04/12/2018 14:52
aklobi Lol & TheContrarian.. think the stock may go down end of month? Intending to add
04/12/2018 16:35
adstey go up then buy, go down dont buy otherwise you dont follow bursa rules
04/12/2018 17:33
aklobi Adstey.. these are not the bursa rules, these are the herder’s rules. But I’m not part of the herd. I’m a wolf ;)
06/12/2018 06:27
maityson all taiko, may i know what is Dividend (with Dividend Re-Investment Plan)?
11/12/2018 17:49
TheContrarian It means instead of cash dividend you get Affin shares as dividend.
11/12/2018 18:56
TheContrarian If you elect for the re-investment plan.
11/12/2018 18:57
TheContrarian Malaysia could embark on its biggest banking merger to create ASEAN's largest bank nudging out Singapore's DBS from that position through a mega merger anchored by Maybank to glue together CIMB, RHB, Ambank and Affin. Maybank can scoop up the other banks at around their book values, something that may not have been possible previously when values were higher.
17/12/2018 23:36
joetay7 if the 5 banks merged, that means no so many banking stocks to play.

so better dont merge.

Posted by TheContrarian > Dec 17, 2018 11:36 PM | Report Abuse

Malaysia could embark on its biggest banking merger to create ASEAN's largest bank nudging out Singapore's DBS from that position through a mega merger anchored by Maybank to glue together CIMB, RHB, Ambank and Affin. Maybank can scoop up the other banks at around their book values, something that may not have been possible previously when values were higher.
17/12/2018 23:40
TheContrarian A mega merger will extract values from the undervalued listed banks and will benefit EPF most.
18/12/2018 00:27
joetay7 true, but it also mean systematic risk in an economy will be higher as well.

especially in syndicated loans, if the risk is not evenly spread, a single large bad loan will hit the profitability of a single entity badly. thereby impacting on the financial system.

if the loan is spread out, average mean will come into play.

Posted by TheContrarian > Dec 18, 2018 12:27 AM | Report Abuse

A mega merger will extract values from the undervalued listed banks and will benefit EPF most.
18/12/2018 09:48
aklobi Guys.. any reason why affin is down? TheContrarian help.. considering buying
24/12/2018 01:51
TheContrarian As expected price eventually drift down. It's a bear market now. Price also adjusted for 5 sen dividend.
24/12/2018 15:40
aklobi TheContrarian.. I’ve been consumed with my new job.. hence the fact I’m not following.. when is it a good time to buy?
24/12/2018 16:26
TheContrarian Right now I am not looking to add Affin as I feel I can make more elsewhere in the short term. Different people have different risk appetite. For a banking stock, present price is reasonably cheap and bear in mind there's not much free float in Affin as LTAT, Boustead and Bank of East Asia Ltd already owned close to 80%. So, when a merger comes, the price will move up rapidly.
25/12/2018 19:07
aklobi I bought some today
27/12/2018 17:04
moneycome123456 Why this share keep go down ?
31/12/2018 18:26
BN_better Bec PH in power?
31/12/2018 18:57
dannyleonglohman Time to collect :) don't miss the train
11/01/2019 12:47
Icon8888 I am in

this stock is slow, but almost impossible to lose money at this level
11/01/2019 12:51
villa1668 Yes, Affin is one of my favourite stock.
Stable company.
11/01/2019 13:26
Richard Jayasuriya Maybe because the general outlook for the banking sector is not so rosy.
11/01/2019 13:31
dannyleonglohman yes... whole banking sector is looking bad and stagnant at the moment
11/01/2019 15:49
dannyleonglohman this is a good opportunity for long term investment (1-2 years), in next few weeks the current situation probably not going to change much.
11/01/2019 15:50
nobitatabino Greatly undervalued counter with NTA of 4.40!!
TP 3.380!!!
14/01/2019 14:54
TheContrarian Many, many other counters also undervalued during a bear phase of the stockmarket. Affin needs to be involved in a merger with another banking group to unlock its value.
14/01/2019 15:36
joetay2 i m punting for this play as well.

Posted by TheContrarian > Jan 14, 2019 03:36 PM | Report Abuse

Many, many other counters also undervalued during a bear phase of the stockmarket. Affin needs to be involved in a merger with another banking group to unlock its value.
14/01/2019 15:58
titus Contrarian, between affin n bimb, which 1 do u prefer?
14/01/2019 20:48
TheContrarian I have never studied BIMB, so I don't know much about it. Affin caught my attention because it is trading at a huge discount to its net assets. The market doesn't think highly of Affin's management and neither do I. I take up a position in Affin because I think one day a merger between Affin and another banking group will take place and when it does, Affin's value will be unlocked. Limited downside risk as Affin is making consistently good profits and giving consistently reasonable dividends and potentially huge upside to share price if merger materializes.
14/01/2019 21:39
nobitatabino @Contrarian, any info on when on how this merger will happen?
15/01/2019 12:00
TheContrarian I always think that a bigger banking group would acquire Affin, possibly Maybank. Affin has a strong investment bank in Affin-Hwang, so there is synergy for Maybank to acquire Affin. It is up to the government to induce a merger.
15/01/2019 19:11
titus Contrarian, thanks for the reply. I find bimb is more attractive in terms of earning but of course in terms of valuation (Nta), affin is better.
16/01/2019 10:47
TheContrarian Yes, BIMB earnings and dividends are impressive. But I don't know whether Islamic banks practise the same prudence like traditional banks in providing for loan provisions. If they do, then it's good.
16/01/2019 11:40
Icon8888 Every laggard will have its day
18/01/2019 11:14
qqq3 icon got BIMB and Affin...u potong already?
18/01/2019 11:28
qqq3 icon got BIMB and Affin and Armada...u must be very bullish....
18/01/2019 11:30
Mamat_Win worth join in this counter?
18/01/2019 16:01
villa1668 Downside is limited.
18/01/2019 23:30
titus BIMB already inching upward at a tortoise pace but this affin is still swinging back and forth ........really bang balls...
12/02/2019 13:56
TheContrarian LTAT, Boustead Holdings and Bank of East Asia all reinvested their dividends as additional shares. This has reduced further the percentage of free float from the enlarged share capital.
13/02/2019 11:49


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