ALLIANCE BANK MALAYSIA BERHAD

KLSE (MYR): ABMB (2488)

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Last Price

3.76

Today's Change

-0.06 (1.57%)

Day's Change

3.76 - 3.82

Trading Volume

425,300


6 people like this.

1,808 comment(s). Last comment by speakup 3 weeks ago

Posted by Philip ( 2.3% fatality rate, 80% recovery rate age 10-40) > 2020-03-13 00:57 | Report Abuse

Icon8888 Holland SIFU, he say he likes it when his stocks go cheaper and cheaper, but in the end who wants that when they put money in?

He started at 2.8
Then 2.6
Now 1.99

Knowing icon8888, when Holland sifu stocks start to not do well, he will go around insulting others and throwing tantrum like a little girl.

williamtkb

3,216 posts

Posted by williamtkb > 2020-03-13 05:54 | Report Abuse

Will today break rm 1. 70?

moven00

705 posts

Posted by moven00 > 2020-03-13 07:34 | Report Abuse

Kasi dia lebur lagi....turun turun

Posted by Revenue Queen > 2020-03-13 10:31 | Report Abuse

below 2.00 alr

Kyou

1,225 posts

Posted by Kyou > 2020-03-13 10:36 | Report Abuse

P/E 6.6 ... hope to catch when P/E 6 or below

alipay88

365 posts

Posted by alipay88 > 2020-03-13 11:01 | Report Abuse

Where is ur good fundamental ratio theory?yeah where is it?

Posted by Choivo Capital > 2020-03-13 11:30 | Report Abuse

Wellsfargo same valuation as ABMB.

yfchong

5,743 posts

Posted by yfchong > 2020-03-13 12:35 | Report Abuse

Jeng Jeng jeng

joey

72 posts

Posted by joey > 2020-03-13 12:39 | Report Abuse

big guy come back ?

ronald118

123 posts

Posted by ronald118 > 2020-03-13 18:33 | Report Abuse

hailat... 1.87 now

GENER

224 posts

Posted by GENER > 2020-03-13 19:13 | Report Abuse

是时候进货卡。。呵呵

TA_trader

390 posts

Posted by TA_trader > 2020-03-13 19:27 | Report Abuse

honestly i would only consider this counter cheap if it trades below 1.40. That is with a BIG condition and assumption if net profit growth remains unchanged, no NPL etc.

But i am very doubtful that should we head into an economic slowdown, SME's will be immune to it.

Jeffreyteck

4,246 posts

Posted by Jeffreyteck > 2020-03-13 22:47 | Report Abuse

Attractive as it is the first bank price which is very close to 2008 price (any bonus issues after 2008? If got, still not bad) but downside risk is high as highlighted above.

Posted by StockStock > 2020-03-13 23:00 | Report Abuse

It's been dropping for so long now,what's the problem?

TA_trader

390 posts

Posted by TA_trader > 2020-03-13 23:08 | Report Abuse

poor management. No growth catalyst. Business can be easily taken away by bigger banks. High staff turnover. Most staff there waiting to leave, just waiting for opportunity. But couldnt leave. Coz no standards.

ray1980

2,992 posts

Posted by ray1980 > 2020-03-14 14:17 | Report Abuse

Dropping road still on,our BNM will reduce another 0.50% to 1% next three months.

ray1980

2,992 posts

Posted by ray1980 > 2020-03-14 14:18 | Report Abuse

Next week any rebound is fake, don't touch the falling knife on 'Big Corrections times...

ray1980

2,992 posts

Posted by ray1980 > 2020-03-14 14:20 | Report Abuse

If US Trump and team members confirm have Covid-19 Positive,another market Big Crash will be coming...

LonewolfX

69 posts

Posted by LonewolfX > 2020-03-14 18:03 | Report Abuse

TA_Trader, what is your basis of your analysis? Could you privide cocrete figures and facts to back up your claims? Also, if ABMB is so bad, why are they still making reasonable profits consistently for the so many years? Also if PE less tha 7 and DY of 6+% is bad ... may I know ehat are good to you? May be yoh know something that we do not know... care to enlighten us?

TA_trader

390 posts

Posted by TA_trader > 2020-03-14 18:16 | Report Abuse

Lonewolf,

if you are bothered move your lazy as$ and put some effort to read through the forum (past comments) then i am sure your investments would have been worthwhile.

If you are lazy. Then just too bad. No need to repeat to a half as$ed like you

LonewolfX

69 posts

Posted by LonewolfX > 2020-03-14 18:24 | Report Abuse

TA_Trader... You're cocky to the max!!!

mf

27,854 posts

Posted by mf > 2020-03-14 18:58 | Report Abuse

STATUS TERKINI KES COVID-19 DI MALAYSIA

Pada 14 Mac 2020 jam 12.00 tengah hari, sebanyak 41 kes baharu jangkitan COVID-19 telah dilaporkan. Kesemua kes baharu yang telah disahkan ini adalah dari kalangan patient under investigation (PUI) (37 kes) dan kontak rapat kes COVID-19 (4 kes). Dengan pertambahan 41 kes baharu ini, menjadikan jumlah kes positif COVID-19 di Malaysia adalah sebanyak 238 kes.

LonewolfX

69 posts

Posted by LonewolfX > 2020-03-14 20:39 | Report Abuse

TA_Trader, yes you did provide some analysis... but may I ask when you put forward your analysis, the analysis was based on what price of ABMB? RM2.60? And now the price is RM1.87... I was just merely asking for what your analysis was based on and you were throwing tantrum like a spoiled kid... This is not a Grand Master behave.... Anyway, I don't think you can accept my comment... Need not to reply.

TA_trader

390 posts

Posted by TA_trader > 2020-03-14 23:17 | Report Abuse

Lonewolf,

I have provided countless views on this counter for slightly more than a year. While i have provided concrete figures and facts, many have dismissed them and shot me for sharing.

I am not throwing tantrum. I am merely stating facts, I am not your researcher nor your remisier. If you are really interested, do your homework, make the effort to read back my comments. Else do your own homework by looking at the historical performance of this counter for the past decade. Nobody is going to spoonfeed you. The fact that i have arleady posted the figures before this and you ask me to feed you again, shows the kind of attitude you have.

It doesn't matter if it was trading at RM 4.00 or RM 2.60, the fact is that there is almost NO growth in this counter for past 8 years. You can say that the dividend yield is good at 5 % or 6%, but why would i want to invest in a counter with DY of 5%-6% but no upside in price, but at the same time have to take the downside risk? i might as well put in FD or EPF.

As my name nick suggest, my forte is more on Technical Analysis, hence TA_Trader, i know many bankers. I also know various bankers who have worked under various ABMB CEO's tenure. Hence, i know how things work there.

I have also invested in this counter about a decade ago and have profited from it amid rumours of DBS takeover. Hence until today i will scoff at such rumours about singapore bank taking over etc. Imagine this rumour has been around for more than a decade, and u all still banging on bank's taking over?

Have u ever thought when is the best time for other banks to take over alliance? its when its CHEAP.
I can only imagine them buying over when it is distressed, simply because there is no synergy created by taking over ABMB. My take is that only when its trading sub RM 1.00 or below RM 1.00..

TA_trader

390 posts

Posted by TA_trader > 2020-03-14 23:43 | Report Abuse

my analysis was from 1 year ago until today. Analysis has to be fluid, don't just take into account of historical events, current events, but also expectation of future events.

LouisLim

206 posts

Posted by LouisLim > 2020-03-15 11:46 | Report Abuse

Dow 30 +1985 (+9.36%)
Nasdaq 100 +731.61 (+10.07%)

“星期一会Gap Up 吗?"

这个周末相信会有两组人比较难以入眠;

一种是刚刚好在星期五Cut Loss 的,另外一种则是在星期五买入的 前者差不多要吐血,难得下定决心砍断亏损,结果DJIA 回弹接近 2,000 点!

那么,星期五大胆买入的投资者,先恭喜你啦 人生就是这么无常!

接下来的星期一(明天)我相信不少公司的股价会反弹上来

如果你星期五砍了也不用太伤心~趁这段时间调整资金,心态 然后重新部署投资 / 交易策略

ray1980

2,992 posts

Posted by ray1980 > 2020-03-15 15:07 | Report Abuse

好傻好天真,任何大调整期间的回升,都不是踏实的。All bad situations still unchanged but turn more badly coming soon.May be peoples want listen good information but real world situations is day by day badly.Save your bullets and Good luck...

ronald118

123 posts

Posted by ronald118 > 2020-03-16 10:44 | Report Abuse

1st bank to declare bankrupt...

ray1980

2,992 posts

Posted by ray1980 > 2020-03-16 10:56 | Report Abuse

Our Bank rates will go very low as soon as possible,TP 1.00 to 1.30 next three months coming...

ray1980

2,992 posts

Posted by ray1980 > 2020-03-16 10:58 | Report Abuse

Our BNM will helping Top three@Maybank,CIMB,PBB only as them announced few weeks ago.Othres bank GG.

gemfinder

6,880 posts

Posted by gemfinder > 2020-03-16 11:00 | Report Abuse

charm lo icon... u oredi q at klcc ka>

Posted by Choivo Capital > 2020-03-16 11:05 | Report Abuse

Deep breath.

Wait 1-2 weeks before i start buying again.

ray1980

2,992 posts

Posted by ray1980 > 2020-03-16 11:09 | Report Abuse

Bad loan will month by month increase also.I know many people can't accept the information,but all is truly coming soon.Good luck everyone...

ronald118

123 posts

Posted by ronald118 > 2020-03-16 11:12 | Report Abuse

who wanna bail ABMB... ??

Eric6790

211 posts

Posted by Eric6790 > 2020-03-16 11:57 | Report Abuse

isn't the cheapest bank stock along Affin

ronald118

123 posts

Posted by ronald118 > 2020-03-16 13:27 | Report Abuse

affin + alliance = smaller bank in Malaysia...

BNM only want ...
PBB_+HLB
Maybank
CIMB + RHB

3 major banks will do..

ray1980

2,992 posts

Posted by ray1980 > 2020-03-16 13:35 | Report Abuse

ronald118,I agreed your posted

ronald118

123 posts

Posted by ronald118 > 2020-03-16 15:35 | Report Abuse

now 1.67..what happen today lou sai -0.20 ??more than 10%

ray1980

2,992 posts

Posted by ray1980 > 2020-03-16 15:53 | Report Abuse

ronald118,rates cut policy problem...

ronald118

123 posts

Posted by ronald118 > 2020-03-16 16:18 | Report Abuse

if BNM cut another round of OPR, mean Alliance gonna take another hit ??

ray1980

2,992 posts

Posted by ray1980 > 2020-03-16 16:39 | Report Abuse

ronald118,need see the reduce action how much.BNM will cut rates 0.50% or 1% or more than...

ronald118

123 posts

Posted by ronald118 > 2020-03-16 17:07 | Report Abuse

if 0.25% already kena punch , what you expect if BNM offering 0.5% or 1.0%... was at 1.60 just now

ray1980

2,992 posts

Posted by ray1980 > 2020-03-16 17:18 | Report Abuse

All need see BNM...,not rush...

yfchong

5,743 posts

Posted by yfchong > 2020-03-16 18:35 | Report Abuse

1.5......

TA_trader

390 posts

Posted by TA_trader > 2020-03-16 20:10 | Report Abuse

just dumb dumb hold...

Posted by shareinvestor88 > 2020-03-16 20:46 | Report Abuse

BYE TP 50c

Cakes Moon

6,801 posts

Posted by Cakes Moon > 2020-03-16 21:43 | Report Abuse

Walao, back to 2008 crisis price~

skybursa

1,469 posts

Posted by skybursa > 2020-03-16 22:40 | Report Abuse

Confirmed lock down. Tomorrow market will crash

jennychin

570 posts

Posted by jennychin > 2020-03-16 22:42 | Report Abuse

Bursa market close tomorrow lockdown ?

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