Saudi Investor In Malaysia. I ask all fellow investors to write in English so everyone can understand. Please inform me about more investor related chat room/ real face to face meet opportunities.
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2023-12-29 01:03 | Report Abuse
Already bought 3 times with average price 5.40. Was hoping to buy more at lower prices but RHB shot up. Will wait and see .
2023-12-26 13:33 | Report Abuse
I started buying with every drop in price.
2023-12-23 00:07 | Report Abuse
Affin goes up and down and no one talks about it.. We small investors have now resigned to the fate small investors don't matter lol. Hoping big shareholders do a good job.
2023-12-06 03:14 | Report Abuse
Any expected div? It's important to have div consistancy.
2023-11-30 19:27 | Report Abuse
@Ykloh not always good, maybe some use slang which the app can't translate
2023-11-30 11:33 | Report Abuse
Hi guys, can you please write in English so all investors (Malay & foreign) can understand the comments?
2023-11-24 17:58 | Report Abuse
So happy I dumped this stock on the day of the shoot up. Headwinds are too strong for any gains.
2023-11-22 00:15 | Report Abuse
Was hoping for better results so I can start selling. I guess I will have to wait.
2023-11-16 01:54 | Report Abuse
Keyword: Overcapacity of steel manufacturing.
"The overcapacity in construction steel in Southeast Asia requires all stakeholders to work together. As at 2021, the capacity of steel production in Asean stood at 75.3 million tonnes, with Malaysia being the third largest producer with a capacity of 16.1 million tonnes, behind Vietnam and Indonesia.
Based on a South East Asia Iron and Steel Institute (SEAISI) analysis, the steel production capacity in Asean is expected to balloon to 147.2 million tonnes by 2026 as a result of the influx of foreign steel investments into the region, especially those from China.
This can be an issue of concern as we see a slowdown in the construction sector and the subsequent reduction in demand for steel from China. The capacity of China-owned steel firms in Southeast Asia is intended for export to China."
Yes the price of MYCRON might steel go up in the short term, but you will be like a Salmon fish trying to climb a waterfall.
https://theedgemalaysia.com/node/689847
2023-11-03 12:26 | Report Abuse
@beluga, agreed that due diligence is important, but also absorbing market mentality which helps build a picture of direction is no less important to decision making. The past two weeks for example I was able through understanding UAE market mentality and emotions regarding the geopolitical situation in the middle east (Gaza) to collect excellent shares such as ENBD, DIB, NBAD, CBD and RAKBANK at very low prices. The market has now rebounded upwards. In Malaysia, I couldn't understand market direction and feel disconnected.
2023-10-31 19:15 | Report Abuse
Beluga, if that is really the case then it's good to prepare to buy more Affin in the near future. Unfortunately, I have lack of info and interaction amongst investors in Malaysia's stock market unlike other markets such as UAE.
I am really now thinking of liquidating my position and moving to a market where there is more interaction, especially between investors.
2023-10-25 15:50 | Report Abuse
Where is this counter heading? Any good news about company performance?
2023-09-19 20:45 | Report Abuse
I come to this page once a week to see if there is a price crash so i can buy more
2023-07-17 18:59 | Report Abuse
TheContrarian, monitoring and cheering! I am touring the world by car, thats why i am a bit quiet. Anyone wanting to follow my trip on twitter and tiktok @saudiroadrider. Might even end up in Malaysia in my Saudi car :)
2023-06-08 01:56 | Report Abuse
@Eric Fong, totally agree. That's why I am a big believer in Affin. Actually, I am excited that it's gone down so I can buy more. Monitoring like an Eagle.
2023-06-06 14:56 | Report Abuse
Omg guys, I was being SARCASTIC. lol
I AM A BIG BELIEVER IN AFFIN!
2023-06-05 22:18 | Report Abuse
Speakup: you need a course in Sarcasm. The sudden drop of Affin can only mean the bank went bankrupt which isn't the case.
2023-06-05 04:34 | Report Abuse
Sooooo, what's going on guys? Has Affin gone bankrupt? Can anyone explain, and when is a good time to buy?
2023-04-06 14:26 | Report Abuse
Does the sale to the Sarawak gov mean there won't be any more sell pressure by LTAT? I assume Sarawak gov won't be under pressure to sell the stock and is in for the long haul, could also contribute to bank's performance.
2023-03-29 20:31 | Report Abuse
Chill, fear no more.. Everything is under control.. I accumulated more at the right time. Thanks for those who sold.
2023-03-28 18:29 | Report Abuse
Seems 1mdb reputation is preventing people from looking through to the opportunity of this bank. Maybe a harsh awakening will come one day to the doomsters.
2023-03-24 18:16 | Report Abuse
@lawrence86, PE ratio is key. I am an investor not a trader. AMMBANK PE is 7
CIMB PE is 14
MAYBANK is 12
AMMBANK is much better yield wise.
2023-03-23 16:28 | Report Abuse
I would like to be included in group discussions please.. is there a more active platform?
2023-03-23 16:27 | Report Abuse
I would like to be included in group discussions please.. is there a more active platform?
2023-03-21 18:22 | Report Abuse
@Speakup that this may very well be the bottom price. The only way is up.
2023-03-21 16:07 | Report Abuse
I have been collecting with every price drop
2023-03-21 01:10 | Report Abuse
Most other banking stocks are collapsing except this one. This should tell everyone something.
2023-03-08 23:45 | Report Abuse
Thanks TheContrarian, but Bloomberg says P/E Ratio20.47, simply wallst says 27.2
2023-03-08 13:54 | Report Abuse
Why is Affin's PE ratio so high atm and is this temporary due to the tax payments or will it be permanent?
2023-03-01 00:06 | Report Abuse
Sadly the ship has sailed otherwise I would have increased my holding.
2023-02-28 14:31 | Report Abuse
@TheContrarian.. Thanks.. please check your private messages on this website
2023-02-28 03:42 | Report Abuse
Hello all.. new to this counter.. anyone can give a quick history about company and outlook?
2023-02-27 23:50 | Report Abuse
@TheContrarian, any reason why the 4th Quarter results were in the red?
2023-02-23 22:35 | Report Abuse
If it goes lower than 2 I am going to transfer funds from Saudi.. So happy with my Malaysia investment..
2023-02-23 19:25 | Report Abuse
Joined the club today.. Tucking myself in for the long ride.
2023-01-28 05:16 | Report Abuse
TheContrarian.. monitoring bought a little Mycron
2023-01-24 08:02 | Report Abuse
I still have unused cash divs. Need a good bargain stock.. my criteria for a good bargain:
1- low pe ratio
2- high book value
3- nearer to 52 week low price
4- regular divs..
5- No financial troubles..
Any suggestions?
2023-01-12 15:02 | Report Abuse
I am patiently waiting to buy more at a price I like. Already got lots of Affin. But cash is king.
2022-12-21 11:06 | Report Abuse
Being as moderate as possible, EVERYONE please list your highest predicted price Affin might touch in the NEXT 52 weeks.
Mine, I would say 2.99
Stock: [AFFIN]: AFFIN BANK BERHAD
2024-01-09 16:04 | Report Abuse
Long overdue for Affin's stock movement. MYR 3 should be the minimum, yet here we are. Congrats to my fellow Affin holders, especially those who held the stock for a very long time, and kept on accumulating.