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 > 2 months ago | 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 > 2 months ago | 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 > 2 months ago | Report Abuse

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

Posted by 1DERFUL > 1 month ago | Report Abuse

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

Posted by speakup > 3 weeks ago | Report Abuse

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

Posted by StartOfTheBull > 3 weeks ago | 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 > 3 weeks ago | Report Abuse

🤦