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

Keyman188

5,968 posts

Posted by Keyman188 > 2020-03-24 21:31 | Report Abuse

Lai...lai...lai.....

No need talk downgraded or upgraded....

I am holding @ 1.55 right now.....

Long waiting to bet further.....

1.40...

1.25...

1.10...

0.95...

myongcc5

708 posts

Posted by myongcc5 > 2020-03-24 22:20 | Report Abuse

BNM announces automatic 6 mths moratorium on all loans except cedit card balances!

10bagger10

1,007 posts

Posted by 10bagger10 > 2020-03-24 23:34 | Report Abuse

So whats the effect?

Posted by $$$ ^v^ GOODLUCK ^v^ $$$ > 2020-03-24 23:54 | Report Abuse

show time

i3lurker

13,606 posts

Posted by i3lurker > 2020-03-25 10:52 |

Post removed.Why?

i3lurker

13,606 posts

Posted by i3lurker > 2020-03-25 10:58 |

Post removed.Why?

Posted by Revenue Queen > 2020-03-25 12:30 | Report Abuse

thus

alipay88

365 posts

Posted by alipay88 > 2020-03-25 13:11 | Report Abuse

show time

Posted by Xoxo Gossip Girl > 2020-03-25 15:16 | Report Abuse

hi

TA_trader

390 posts

Posted by TA_trader > 2020-03-26 09:48 | Report Abuse

friends,

Q. Which loan/financing qualifies for the deferment?

For individuals and small and medium enterprises (SMEs), the deferment in conventional loans or Islamic financing repayment obligations (except credit cards) are automatically effected by banks and development financial institutions (DFIs) if the loans/financing meet these criteria:

• not in arrears exceeding 90 days as at 1 April 2020; and

• denominated in Malaysian Ringgit.

Meanwhile, corporate borrowers/customers may request for a moratorium on loan/financing repayment from their respective banks.

TA_trader

390 posts

Posted by TA_trader > 2020-03-26 13:04 | Report Abuse

so all SME automatically have their payments deferred ya. Not surprised if we see ALBB hike their MYR FD campagin to offset this.

pandai2 la

Keyman188

5,968 posts

Posted by Keyman188 > 2020-03-28 14:55 | Report Abuse

Lai...Lai...Lai...

Orang tua tak greedy...

Long waiting to reload further....(holding right now @ 1.55)

1.50...(upgrade from previous entry level)

1.40...

1.30...

1.20...

1.10...

EDINVESTOR

597 posts

Posted by EDINVESTOR > 2020-03-28 19:07 | Report Abuse

Valuation in terms of PE are much higher than AMBANK. Doesn't even worth a look. Non performing loans will spiraling out of control soon. Cash call most likely. Prepare huge sum of money for right issues. Not worth buying.

Keyman188

5,968 posts

Posted by Keyman188 > 2020-03-28 20:33 | Report Abuse

Kesian...kesian...kesian... 

Now I know why Warren Buffet always Warren Buffet.....No matter sunny day or rainy day... 

Now I know why farmers always farmers...No matter drought season or inundation incident... 


** In fact I loved this title...... 

Why "A" Students Work for "C" Students and Why "B" Students Work for the GovernGovernment - author by  Robert T. Kiyosaki 


^^ So "C" students Work for "Who".....!!!!!!

Keyman188

5,968 posts

Posted by Keyman188 > 2020-03-29 17:33 | Report Abuse

Sian lorrr....Super Sian...

No IDSS until 30/04/20...

No margin call until 30/09/20...

So how to catch the fall knight again !!!....

Long waiting liao.....

stncws

10,260 posts

Posted by stncws > 2020-04-01 17:50 | Report Abuse

HSBC IS STOPPING GIVING DIVIDEN. MALAYSIA BANK NAY FOLLOW.

FD STILL THE BEST

TA_trader

390 posts

Posted by TA_trader > 2020-04-05 18:33 | Report Abuse

suddenly dumb dumb icon silent, but busy commenting about collecting other counters.

TA_trader

390 posts

Posted by TA_trader > 2020-04-07 12:59 | Report Abuse

shangrila privilege all given to their mid and senior mgmt..none for you.

TA_trader

390 posts

Posted by TA_trader > 2020-04-07 15:41 | Report Abuse

wah i didnt go hibiscus agm, but I am in hibiscus counter.

TA_trader

390 posts

Posted by TA_trader > 2020-04-10 18:10 | Report Abuse

MCO extended for another 14 days.

Who will be able to weather times like this better? Large corp or SMEs?

How will ABMB fair?

Buy buy buy..dont talk. just dumb dumb buy. listen to icon888

TA_trader

390 posts

Posted by TA_trader > 2020-04-14 19:49 | Report Abuse

so? u mean you just realised? They have been buying since Feb 2018, when it was trading at 4.00.

So Yippy68? what are u trying to mislead now?

Yippy68

1,664 posts

Posted by Yippy68 > 2020-04-15 08:58 | Report Abuse

i only lead my own self....bought after lockdown, very rock bottom, planning to sell all today...happy trading guys.

Yippy68

1,664 posts

Posted by Yippy68 > 2020-04-15 09:46 | Report Abuse

sold . first time invest in ABMB ,made 10k for whiskey and petrol for all my car...see you when it hit bottom again. cheerio,,,

Jeffreyteck

4,246 posts

Posted by Jeffreyteck > 2020-04-16 13:25 | Report Abuse

Good to see trumpet continues to create volatility market at least till Nov election unless unforsee circumstances happened on him. Congratulations for those who made $ in the world of chaotic.

Eric6790

211 posts

Posted by Eric6790 > 2020-04-21 11:16 | Report Abuse

if u sell last few days u all earn more

YAPSS

216 posts

Posted by YAPSS > 2020-04-22 21:32 | Report Abuse

YAPSS Quick Summary and Free 10 Years Financial Data of Alliance Bank Malaysia Berhad:
https://www.yapss.com/post/alliance-bank-malaysia-berhad-abmb-2488

Posted by Tedinvestor > 2020-04-23 12:25 | Report Abuse

So many downgrade this counter to between 1.65 to 1.95. Cash out today for small gains of 6k.

LonewolfX

69 posts

Posted by LonewolfX > 2020-04-24 17:11 | Report Abuse

Ya Tedinvestor, I also went in around 1.65 and cash out early this week... made some kuih money whereby so many of them bashed the counter as if it is worthless...

EDINVESTOR

597 posts

Posted by EDINVESTOR > 2020-04-24 19:05 | Report Abuse

Maybank, Hong Leong and Public Bank better & safer long-term bet

skybursa

1,469 posts

Posted by skybursa > 2020-04-25 16:39 | Report Abuse

Low earnings per share makes this counter unattractive among banking counter

EDINVESTOR

597 posts

Posted by EDINVESTOR > 2020-04-29 07:47 | Report Abuse

This bank have the lowest customer deposit in banking industry.

Plantermen

2,101 posts

Posted by Plantermen > 2020-04-29 09:41 | Report Abuse

Suspension IDSS till end June should stabilise banking stocks

Posted by Tedinvestor > 2020-04-30 19:50 | Report Abuse

Give back all gains and back into negative territory at the closing. This banking stock are useless.

TA_trader

390 posts

Posted by TA_trader > 2020-05-02 12:03 | Report Abuse

https://www.freemalaysiatoday.com/category/nation/2020/05/02/consider-dropping-accrued-interest-under-moratorium-tengku-zafrul-tells-banks/

as of 31 dec, abmb has a RM 850 mil hire purchase loans outstanding.

buy buy buy!

Keyman188

5,968 posts

Posted by Keyman188 > 2020-05-03 23:45 | Report Abuse

Different people different perception different voice...... 

So long as you know what you invest with what mission you are setting...... 

Value investors always happiness no matter company share price invested up or down...... 

If share price up of course your portfolio return become higher... 

If share price down of course need deploy fund to repurchase what stocks on your portfolio... 

Of course current share price feel comfortable safer than previous... 

Too sad to say, my entry price @ 1.55....now put in long term portfolio for upcoming dividend passive income...... 


^^^Always deploy investment funds by diversification into different sectors......

TA_trader

390 posts

Posted by TA_trader > 2020-05-04 22:05 | Report Abuse

Sure Keyman,

When it drops back below 1.55, i am sure u will announce to whole world, unfortunately you have already taken profit at 1.90 level.

Keyman188

5,968 posts

Posted by Keyman188 > 2020-05-04 22:14 | Report Abuse

Now I know why Warren Buffet always Warren Buffet.....No matter sunny day or rainy day...  

Now I know why farmers always farmers...No matter drought season or inundation incident...  


** In fact I loved this title......  

Why "A" Students Work for "C" Students and Why "B" Students Work for the GovernGovernment - author by  Robert T. Kiyosaki  


^^ So "C" students Work for "Who".....!!!!!!

firehawk

4,771 posts

Posted by firehawk > 2020-05-04 22:40 | Report Abuse

Posted by TA_trader > Apr 5, 2020 6:33 PM | Report Abuse

suddenly dumb dumb icon silent, but busy commenting about collecting other counters.

==》ya lor, like in Affin forum :D

Now, gone to JAKS forum to earn reputation. In that forum, if u said something good, will get great praise ... sure way to take advantage!

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-05-05 10:04 | Report Abuse

Price Target
Date Open Price Target Price Upside/Downside Price Call Source
30/04/2020 1.98 2.05 +0.07 (3.54%) BUY KENANGA

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-05-05 10:05 | Report Abuse

among the local banks, alliance bank has DBS as its largest shareholder. :)

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-05-05 10:10 | Report Abuse

if you want safety, wont go bankrupt, then alliance bank

Flash Note - Alliance Bankwww.alliancebank.com.my › media › Industry-Report
PDF
Sep 19, 2019 - Malaysian banks exhibited reasonably healthy profitability and asset quality ... DBSVH is a wholly-owned subsidiary of DBS Bank. Ltd. This ...

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-05-05 10:30 | Report Abuse

Can Alliance Bank remain a standalone? | The Edge Marketswww.theedgemarkets.com › article › can-alliance-bank-...
Apr 24, 2019 - Alliance Bank is backed by Singapore's state-owed investment firm Temasek ... Bhd, owned by Singapore hotelier Ong Beng Seng, Ong Tiong Sing and ... largest shareholder of Asean's top lender, DBS Group Holdings Ltd.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-05-05 10:42 | Report Abuse

Malaysian Banks: Positioning for better returns - DBS Bankwww.dbs.com › aics › 190116_insights_malaysian_banks
Jan 16, 2019 - Smaller banks lagged in share price performance despite earnings growth ... and assumptions associated with the covered companies or price targets. ... of this report), its holding company Alliance Investment Bank Berhad, ...

TA_trader

390 posts

Posted by TA_trader > 2020-05-05 21:36 | Report Abuse

Victor,

1.) How is DBS, alliance's largest shareholder?

2.) Fullerton (Temasek's investment arm) to be exact. How long as Fullerton invested in Alliance? it is not something new.

Addy

294 posts

Posted by Addy > 2020-05-07 12:38 | Report Abuse

covid economy not well home loan drop

miketyu

464 posts

Posted by miketyu > 2020-05-08 10:12 | Report Abuse

anybody banks crawling up slowly? anything is happening?

skybursa

1,469 posts

Posted by skybursa > 2020-05-10 14:59 | Report Abuse

All banking counter will facing loan defaults soon.

Yippy68

1,664 posts

Posted by Yippy68 > 2020-05-10 23:19 | Report Abuse

ABMB is one of the least affected .

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