Posted by EZMONEY13 > 2024-01-16 15:09 | Report Abuse

https://www.astroawani.com/berita-malaysia/tun-daim-keluarga-mohon-sprm-hentikan-siasatan-453610?

Posted by Dehcomic01 > 2024-02-13 08:26 | Report Abuse

Alliance Bank is the smallest Bursa Malaysia bank. While smaller than Affin Bank, its performance as measured by the ROE is far better than that of Affin. https://www.youtube.com/watch?v=4W7Lnw_hT0w
When you look at the ROE trend of Alliance, you can see that it had recovered from the Covid-19 years and overtaken its pre-Covid-19 peak But the market price has yet to reflect the better performance. https://i.postimg.cc/fyVxJQ5N/Alliance-bank.png
Does the market know something that I don’t or it it merely being irrational?

Posted by eugenewong794 > 2024-02-13 22:22 | Report Abuse

It used to be 2nd smallest, but since affin bank in the news, esp with sarawak acquisition, the share price has rallied, when i started investing in bursa last year, i wanted exposure to banking sector, so i chose 1 big bank and 1 small bank, for big bank i chose public as it is a safe option with very good ROE but valuation is higher but still reasonable, for small bank, it was between affin and ABMB, for me ABMB is the obvious choice, cos AFFIN prev majority shareholder is LTAT, they have 4 main ventures, AFFIN, BPLANT, PHARMA and BHIC, the latter 2 is PN17, 1 needed bailout from gov, the other has monopoly on medicine supply to KKM but still cant be profitable #onlyinmsia, 1 ady sold to LTAT after some issues with KLK, so LTAT dont have the best track record, ABMB undemanding valuation, good dividend yield of ~6%, focus on future SME and green financing, and decent management was the choice for me. The thing about MY banks is they are very safe, therefore cant expect too much growth, but still decent returns, i believe once the hype with affin is over, funds might turn their attention to ABMB, provided they can show good results

Posted by StartOfTheBull > 2024-02-14 05:54 | Report Abuse

Lower share price = higher dividend yield. It is time to add more.

Posted by 1DERFUL > 2024-03-20 15:07 | Report Abuse

Anyone has info why ABMB falling so much compare to other banks and Financial sector

Posted by speakup > 2024-04-05 21:13 | Report Abuse

Abmb at 3 year high and u say falling????

Posted by StartOfTheBull > 2024-04-05 22:28 | Report Abuse

30 Nov 2022 closing was RM3.87.
Maybe what he meant falling so much is actually mean ABMB is lagging behind other banks in terms of share price.

Posted by speakup > 2024-04-06 14:17 | Report Abuse

🤦

Posted by kokchengkai > 1 month ago | Report Abuse

good return stock with high % dividen...abmb worth above RM4

Posted by StartOfTheBull > 1 month ago | Report Abuse

But is still being ignored by analysts too. LOL

Posted by teknikal > 1 month ago | Report Abuse

Chart uptrend with share price above all SMA20, SMA50, SMA200. SMA is Simple Moving Average.

Posted by troy88 > 1 month ago | Report Abuse

Wow, well done. Nice dividend. Glad I am still keeping this underrated bank stock

Posted by MalaysiaEquityGuide > 1 month ago | Report Abuse

https://youtu.be/Tx3xLTmxU1s

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

Any color on the latest SME loan growth numbers?

Posted by yaustan24 > 1 month ago | Report Abuse

ABMB is a laggard stock despite exceptionally good results reported. At this rate, it is expected to drift lower due to selling pressure.

Posted by dawchok > 1 month ago | Report Abuse

Bought in for the expected 5.8% yield and leadership from DBS

Posted by 1288Go > 1 month ago | Report Abuse

Dawchok,
How is DBS involved with Alliance Bank?
Thank you..

Posted by bilisinvestor > 2 weeks ago | Report Abuse

Can this small bank survive in this more competitive market? With the emergence of the digital banks?

Posted by troy88 > 1 week ago | Report Abuse

This underrated bank will slowly climb past RM4 in time..

Posted by EZMONEY13 > 5 days ago | Report Abuse

@troy88 in just 1 week time haha congrats

Posted by troy88 > 5 days ago | Report Abuse

Haha, I guess I weeks time is considered "slow". Good luck