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Overview
Financial Highlight
HeadlinesBusiness 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.
  gohkimhock Affin Bank actually can play, but must depend on all those big brothers. They move, Affin will move.. Banking sector we will be the 1st to recover in any economy upturn. Construction will be second. I don't expect Property to recover in at least 3 years. 19/11/2020 10:12 PM  ivan9511 Sifu TheContrarian thanks for your support on Affin. Lucky got sapu at lowest . Sifu I feel Maa also cheap Maybe can buy and made good profit Maa also a financial counter which will up sooner or later. All the best and huart Cai on Affin and Maa 22/11/2020 9:52 PM TheContrarian Ivan, MAA is no longer a financial counter having sold off its insurance business to Zurich. I took profit on some Affin at 1.61 last week as I expect coming QR will be poor due to loan moratorium. 24/11/2020 3:33 PM ivan9511 Noted. The contra still got golden land and duta and trop. Gl only 40sen recently 24/11/2020 5:08 PM TheContrarian Only GL, sold some at 43 sen last week, will buy back below 40 sen. 24/11/2020 8:27 PM aklobi TheContrarian, can you elaborate on the IPO announce? Do you think current shareholders might have priority in it? 03/12/2020 11:56 AM TheContrarian It's nothing new, the proposed IPO is in Affin's strategic plan to monetize its investment in the asset management subsidiary. There's a good chance that shareholders in Affin will be given blue forms to subscribe for the IPO. One fine day Affin will turn into a star performer. In the meantime I plan to buy more Affin. 03/12/2020 7:08 PM  dollardollarbill The most undervalued Malaysian bank could be unlocking more than RM1bil from its crown jewel https://klse.i3investor.com/blogs/dollardollarbill/2020-12-04-story-h1537414359-The_most_undervalued_Malaysian_bank_could_be_unlocking_more_than_RM1bil.jsp 04/12/2020 4:22 PM aarontan1987 from a full blown detonation at 1.77 all the way to 1.370 now having rebound it to a 1.720 the momentum looks gorgeous in sight hahahahahaha if u missed out on 1.370 u can now scalp it to 2.00 hahahahahaha 09/12/2020 8:26 PM JuzzyOracle Finally Affin stirred. Get ready for the ride up. You ain't see nothing yet, as BTO used to say.... 11/12/2020 10:34 AM stockraider Stupid loh....!! Why sold early leh ?? Just the beginning mah! Posted by TheContrarian > Nov 24, 2020 3:33 PM | Report Abuse Ivan, MAA is no longer a financial counter having sold off its insurance business to Zurich. I took profit on some Affin at 1.61 last week as I expect coming QR will be poor due to loan moratorium. 11/12/2020 11:12 AM stockraider AT LEAST RM 2.50 MAH....! Posted by 10bagger10 > Dec 12, 2020 7:02 PM | Report Abuse Stockraider sifu any target price for affin? 12/12/2020 11:50 PM JuzzyOracle Well it looks like Affin is the quiet overachiever. Good times are coming. https://www.orientaldaily.com.my/news/business/2020/12/15/381226 16/12/2020 8:48 AM  WealthSoWonderful For those serious mature sensible minded long term investors among y'all ... Do consider TopGlove as another egg in the basket, another arrow in the quiver, another string to the bow 29/12/2020 2:17 AM WealthSoWonderful TOPGLOVE FOR LONG TERM INVESTMENT: A QUICK PRIMER TopGlove IPO price RM2.70 March 2001 2,000 units = RM5,400 Bonus issues: 2002 3:10 ==> 2,600 units 2003 2:5 ==> 3,640 units 2005 1:1 ==> 7,280 units 2007 2:5 ==> 10,192 units 2010 1:1 ==> 20,384 units 2016 1:1 ==> 40,768 units 2018 1:1 ==> 81,536 units 2020 2:1 ==> 244,608 units Today 244,608 units x RM8.70/unit = RM2,128,089 Capital Appreciation = From RM5,400 to RM2,128,089 in just 19 years This is clear solid undoubtable undeniable evidence of the awesome benefit by way of exponential growth that you get from investing long term in TopGlove Anyways, this is not a call for buy or sell, but just sharing of some inspirational motivational confidence-building information. Do your own due diligence Invest at your own risk 29/12/2020 2:18 AM TheContrarian I sold Supermax at RM21.60 a few months ago and not buying back any glove companies. 30/12/2020 8:07 PM TheContrarian https://www.theedgemarkets.com/article/banking-stocks-dominate-losers-list-rating-outlook-raises-concerns#.X_UmR56tfqE.facebook 06/01/2021 12:27 PM TheContrarian Not so long ago someone gave a target price of RM2.50 on this forum. Hahahahahah. 06/01/2021 12:29 PM gohkimhock It is still a bank. Nothing to worry about. Not everyone can setup a bank. It needs license and huge shareholders fund. 07/01/2021 12:07 AM williamtkb No rush to buy in yet. Last lower was rm1.20. If election, maybe can get 80cents. 07/01/2021 6:48 AM OracleOfOmaha MCO 2.0 is coming, so all banks will back to square one. Also there could be a possible general election in covid19 period, all investors want to keep cash. 08/01/2021 5:23 PM CakapSohaiThings Short sellers might short banks tomorrow. Are you guys ready for a limit down? 11/01/2021 7:59 PM CakapSohaiThings IBs and FFs, please start shorting, emergency consented! What are you waiting for?? 12/01/2021 10:23 AM aklobi Lol.. TheContrarian.. Well played. To these other new weird clownie names: Get a life. 14/01/2021 5:01 AM TheContrarian Someone said if we wait longer we might get Affin at RM1.20 or even 80 sen. I once bought 5,000 shares of Public Bank at 80 sen many, many years ago. 14/01/2021 9:40 AM TheContrarian All those who believe in AT LEAST RM2.50 target price should be buying. 14/01/2021 9:54 AM 8888_ Agree. LTAT even sold Affin why promoters must hide? Posted by aklobi > Dec 29, 2020 2:38 PM | Report Abuse TopGlove at the end of a pandemic? You must be joking.. 15/01/2021 10:37 AM  | |
