ALLIANCE BANK MALAYSIA BERHAD

KLSE (MYR): ABMB (2488)

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Last Price

4.80

Today's Change

+0.03 (0.63%)

Day's Change

4.76 - 4.82

Trading Volume

1,820,900


6 people like this.

1,849 comment(s). Last comment by turbochart 2 days ago

Posted by PartyPoopers003 > 2019-08-28 15:27 | Report Abuse

just make money of panic ppl enough already... the easiest money to earn

calvintaneng

56,886 posts

Posted by calvintaneng > 2019-09-01 15:45 |

Post removed.Why?

TA_trader

390 posts

Posted by TA_trader > 2019-09-02 01:37 | Report Abuse

"Meanwhile, Alliance Bank Bhd maintained its second position, outpacing its larger-cap peers with an overall score of 3.85. The SME-focused banking group has the second-smallest market cap among the country's listed banks. It scored the best in terms of deposits to funding with a score of 0.15. Joel Kornreich was appointed Alliance Bank group CEO on Jan 1, 2015."

Obviously not convinced. SImple logic like i said many times, WHO WOULD WANT TO BANK WITH ABMB?

The only time somebody would bank with them is when they THROW PRICES!

Now...Think...firstly who would want to deposit with them? secondly, how did they calculate the deposit? Is it average deposit on a monthly or quarterly basis? OR...Deposit outstanding as at end of reporting quarter/year?????

It is well known that tiny banks like ABMB often throw prices to large corporates for deposits which would cross reporting quarter/year to SHOW THAT THEY HAVE STRONG DEPOSITS.

Question, if a bank's loan portfolio mix starts to deteriorate(Personal and SMEs??), would large corporates still put deposit (lend to the bank)??? Would the bank have a stable and strong and "EFFICIENT" funding still in this case? ;)

TA_trader

390 posts

Posted by TA_trader > 2019-09-02 01:38 | Report Abuse

I may be wrong, but researchers definitely need to look into this before churning such reports.

Alan Genm

7,570 posts

Posted by Alan Genm > 2019-09-04 10:01 | Report Abuse

Share price trending up once breaks 3.00

Alan Genm

7,570 posts

Posted by Alan Genm > 2019-09-04 16:10 | Report Abuse

3.03 breakout up

TA_trader

390 posts

Posted by TA_trader > 2019-09-07 02:48 | Report Abuse

no idea what kind of breakout are you talking about. The only breakout u will ever get is pimple breakout due to stress when ABMB continues to tank. There is no upside catalyst for this counter.

Posted by MoonHalo > 2019-09-12 11:10 | Report Abuse

calvintaneng, i see u at everywhere

stncws

10,729 posts

Posted by stncws > 2019-09-26 16:01 | Report Abuse

AMBM OFFFERS ME FD 4.2% /!!!!!!

dompeilee

11,888 posts

Posted by dompeilee > 2019-10-01 08:57 | Report Abuse

Alan Wong 3.03 breakout up
04/09/2019 4:10 PM

Now 2.85! lol

Rex Ang

62 posts

Posted by Rex Ang > 2019-10-01 09:17 | Report Abuse

time to buy in?

stncws

10,729 posts

Posted by stncws > 2019-10-01 13:18 | Report Abuse

JUST bot 2.85..!!!

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2019-10-01 21:06 | Report Abuse

Est coming Sep results yoy is lower. Range bound 2.75_3.20.

stncws

10,729 posts

Posted by stncws > 2019-10-02 11:49 | Report Abuse

REGRET ...NOW 2.81

dompeilee

11,888 posts

Posted by dompeilee > 2019-10-03 16:45 | Report Abuse

Ppl like to keep catching bottom...I haven't stepped in yet...maybe 2.30 I will consider...

TA_trader

390 posts

Posted by TA_trader > 2019-10-03 21:45 | Report Abuse

dont understand.
despite my points, you all still buy. Now exposed to london biscuit loan

stncws

10,729 posts

Posted by stncws > 2019-10-04 12:42 | Report Abuse

remember worst is here...once worst over...Bright rainbow...Bot 2.85..keep for 5 years..Retirement..DY 6%

TA_trader

390 posts

Posted by TA_trader > 2019-10-05 01:28 | Report Abuse

LOL. stncws continue to buy more and average down pls

Posted by shareinvestor88 > 2019-10-05 22:48 | Report Abuse

SELL SELL TP 1.50 - 2.00

stncws

10,729 posts

Posted by stncws > 2019-10-05 23:12 | Report Abuse

Yes..Ta Trader..don be regret when ambm rises

TA_trader

390 posts

Posted by TA_trader > 2019-10-06 00:09 | Report Abuse

like i said, their concentration of loan is on SME and profiles which cant get loan from other banks.

look at the article i just shared above, that is only one of it. When the economy starts to slow further, u will see how it starts to hit them further.

Posted by AllanTingAS > 2019-10-06 21:57 | Report Abuse

Dompeilee, can down to 2.30 ! Provided next month quarter report is no good.

Maxtrader

216 posts

Posted by Maxtrader > 2019-10-06 22:34 | Report Abuse

2.3 is a very good price. Dividend around 7%? Love it

Rex Ang

62 posts

Posted by Rex Ang > 2019-10-07 10:03 | Report Abuse

time to collect ...

Posted by AllanTingAS > 2019-10-07 21:46 | Report Abuse

Still monitor, cause down trend still on..

stncws

10,729 posts

Posted by stncws > 2019-10-08 16:08 | Report Abuse

collect more !!! OFFER

Posted by AllanTingAS > 2019-10-08 22:35 | Report Abuse

Still waiting since drop not yet stop. Next announcement on blr will decide the entry point. Cheer

Maxtrader

216 posts

Posted by Maxtrader > 2019-10-09 22:25 | Report Abuse

Agree with ya trader. Before that abmb drop because got many loan to london bis. Wondering they got loan to utusan or not. Will have big big impact to them.

stncws

10,729 posts

Posted by stncws > 2019-10-14 18:47 | Report Abuse

so fast back to Rm2.80..next rm3

chkhooju

1,706 posts

Posted by chkhooju > 2019-10-14 19:35 | Report Abuse

Trend reversal. Do nimble a little while it's still cheap.

riko

2,729 posts

Posted by riko > 2019-10-14 21:17 | Report Abuse

2.3 ?? laugh die.

Rex Ang

62 posts

Posted by Rex Ang > 2019-10-17 09:11 | Report Abuse

3.2..baru betul la

mk00001

84 posts

Posted by mk00001 > 2019-10-21 18:30 | Report Abuse

Alliance Bank collaborates with CGC to ease SMEs' financing

stncws

10,729 posts

Posted by stncws > 2019-10-22 12:39 | Report Abuse

EPF makes down to buy more...!

Mabel

24,434 posts

Posted by Mabel > 2019-10-23 23:35 | Report Abuse

How come it's still coming down?

London bis should have already been factored..

kongming1

74 posts

Posted by kongming1 > 2019-10-23 23:38 | Report Abuse

down is good, you can accumulate with cheaper price. why wan go up?

Mabel

24,434 posts

Posted by Mabel > 2019-10-24 12:40 | Report Abuse

Collected enough..

TA_trader

390 posts

Posted by TA_trader > 2019-10-30 22:51 | Report Abuse

i really dont understand. Just click on financials tab. Go to net profit. Please tell me at which time they reported a NP of 76 million for that quarter? As far as i can see, they have not reported such a low profit, not even since 2010.

KLCI up, S&P 500 up. ABMB barely nudged. In fact edging lower. What cannot go up when its broad risk is up, then u should only know how it will react when broad risk starts to turn.

TA_trader

390 posts

Posted by TA_trader > 2019-10-30 22:55 | Report Abuse

What makes you think LDN biscuit has been factored in?

Just put yourself in the bank's employee's position. If you know this year no matter how hard you work to meet your target, yet the bank as a whole is not gonna perform well, do you think you will push hard to meet targets this year?

Dont forget, this is only first quarter. You try hard to exceed your target, if you can meet, your bonus will be poor, because bank as a whole not performing. Worse still, because you exceeded your target this year. Your next year's budget will be based on an increment on top of WHAT YOU HAVE ACHIEVED this year, and not your this years budget. Think la ADUH

factslim1

48 posts

Posted by factslim1 > 2019-10-31 14:42 | Report Abuse

Considering the full three-month impact from May 2019’s overnight policy rate (OPR) cut, second quarter of FY20’s (2QFY20) NIM would be affected the most. However, in the following quarter, it should recover, since 66% of its non-Casa (current account and savings account) deposits are due for maturity within six months (calculated from March 2019 onwards) and will be repriced downwards.

Rex Ang

62 posts

Posted by Rex Ang > 2019-11-06 11:18 | Report Abuse

hope 3rd quater also have 0.085 dividen

wynwyn

136 posts

Posted by wynwyn > 2019-11-07 12:43 | Report Abuse

Yay!

setia2u

971 posts

Posted by setia2u > 2019-11-08 10:22 | Report Abuse

MSCI Global Standard Indexes November Review: Deleted 3 counters from BURSA, ABMB, SIMEPROP & SPSETIA

Eric6790

211 posts

Posted by Eric6790 > 2019-11-08 11:16 | Report Abuse

why delete this 3 account?

Posted by Ong Harn Harn > 2019-11-08 11:55 | Report Abuse

All bank counter up , what happen with this counter?

stncws

10,729 posts

Posted by stncws > 2019-11-08 11:58 | Report Abuse

epf IS BUYING !!!

newbie911

1,111 posts

Posted by newbie911 > 2019-11-08 12:18 | Report Abuse

Cut loss?

Eric6790

211 posts

Posted by Eric6790 > 2019-11-08 12:28 | Report Abuse

this bank bad luck, negative news always hit them, think can above 3 but today drop quite much

Posted by kstan1102 > 2019-11-08 15:39 | Report Abuse

MSCI Global Standard Indexes November Review: Deleted 3 counters from BURSA, ABMB, SIMEPROP & SPSETIA
Correction: MSCI drops four constituents which are Boustead Planatations, E&O, HL industries and UOA.

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