According to reports, BNM has queried external auditors on the treatment of the loan in the affected banks accounts. It is possible that they may be shown as NPL (non performing loan) but there will be no affect on the bottom line in the revenue accounts because it is collatterised against the power assets of 1MDB which has not depreciated in value.
The lenders are expected to call on the guarantee by end February 15 which could lead to an agreement between Ananda and 1Mdb, thereby resulting in Ananda settling the loan.
Even then the brighter prospects expected in price movement would be subdued until the loan settled.. patience will pay in the end.

Bought some today 2.07 will pick if goes down further....for long term.

Notice taking up ESOS and converting warrants to ordinary shares has increased. ESOS priced at RM2.01 now being taken up.

Highly possible they wont pay dividend but will plough back into capital to increase Capital base and NTA. This case shareholders will get additional shares possibly. Otherwise the high NTA means that they are ready to apply for commercial banking licence. Also any new takeover will be based on higher NTA. This is a mid to long term investment that will bring handsome capital gains.

EPS as at 30.9.15 is 24.33 so possible 31-32sen for year ending 31.12.14.

Dividend plus Dividend reinvestment again to shore up the paid up capital i.e. dividend converted to shares. As at 30 Sep 14 their PAT was RM622mln and for the full year could reach RM850mln which could take the distributable profit to RM500mln.....that is why I think there will be good dividend plus capitalisation to make the bank stronger and move towards their plan to become a full commercial Bank.

collect collect collect this will be a good mid term investment, meanwhile enjoy the good dividends.

right time to quit from reit investments before too late.

This is the cheapest Bank and is well below its NTA of RM4.30 and a very tempting target for the next consolidation. I will hold for long term since they have issued a policy statement that they will distribute 50% of profit as dividends i.e. the 15sen which is going to be distributed soon. Share prices get adjusted by the dividend on ex date and in a weak market prices may weaken a bit more which based on the fundamentals of AFFIN should be a good opportunity to buy and hold.....also think whether 15sen dividend is good enough.
I heard rumours that MBB may be watching AFFIN for it next takeover ....but do your own research.

Looks like those newly exercised ESOS shares are being sold causing the lower prices. Either the ESOS holders have no patience to wait for the RM2.82 or do not have confidence in the offer materialising.
Now that the Bursa has rejected the appeals by EPF and RHB it is still possible for the deal to go through because the deal is structured in such a way. RHB now needs only 50% plus 1 share which they can even if Abbrar decided to vote against and the others vote for it. (50% of remaining shares excluding EPF41% i.e. 50% of 59% = say 30%).

Looks like

Refults for the 3 months to 30.9.2014 show Revenue at 102.3mln vs 102.6mln previous corresponding period. Actual distributable profit in cash terms at 26.3mln vs 28.2 mln whilst dividend of 1.991sen is close to 2.13 sen.
The NAV is down a bit to 1.17 vs. 1.26 which is mainly attributable to depreciation and currency translation difference.
I am happy to note the the REIT still has cash balance of 135mln. whilst total dividend comes to 25.4mln.
Please also note that it has a distributable reserve of 185mln....
Overall seems a very healthy REIT.

It is time for the Trustees to enlighten the unitholders of the situation and explain in detail the ability of the Tenant to take the Owners to court..the ultimate owners being the unitholders. AmanaRaya has a legal department which should be responsible to do this. It is not enough to state that they are consulting legal advice and will inform unitholders when the price is stumbling.

Can anyone in the know explain the basis for the Silverbird and related parties suing the Trustees and Amana Raya to have the Sale & Purchase and related leases to be declared illegal and therefore cancelled. If the parties win will it mean that there was something not right in the way the transactions were done. The latest announcement says that the case is postponed to January 7 2015.
Out of concern I went through the 2013 Annual Report and something does not make sense like;
1. Page 27: Silver Bird Factory is shown at cost - RM92,000,000 whereas valuation and Net Book Value are shown as RM80,000. The Lease period is shown as 10 years commencing from October 2006 whereas in the Manager's Report page 63 item(1) is stated that the lease with Silverbird expired 15 August 2013 and both parties remain in negotiation to renew pending which no rentas are being received. The situation has since evolved into a legal tussle.
Page 103: Silver Bird Facatory is shown as RM80,000,000 and cost at RM92,000,000 which is reflected in the Balance Sheet.
I hope that the RM80,000 mentioned above is a misprint.