AFFIN BANK BERHAD

KLSE (MYR): AFFIN (5185)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

2.89

Today's Change

-0.07 (2.36%)

Day's Change

2.88 - 2.95

Trading Volume

1,915,200


4 people like this.

4,114 comment(s). Last comment by turbochart 2 hours ago

Kim

4,344 posts

Posted by Kim > 1 month ago | Report Abuse

Psttt
Pfttt

Kikiki

Kim

4,344 posts

Posted by Kim > 1 month ago | Report Abuse

4pm onwards 🚀🚀🚀

TheContrarian

9,504 posts

Posted by TheContrarian > 1 month ago | Report Abuse

Shhhhhhhhhhhhhhhhh 🤫

Bursino

314 posts

Posted by Bursino > 1 month ago | Report Abuse

Can it take the 2.85 weight? If cannot can drop to 2.50!

TheContrarian

9,504 posts

Posted by TheContrarian > 1 month ago | Report Abuse

Drop to 2.50? Hahahahahahaha.

Kim

4,344 posts

Posted by Kim > 1 month ago | Report Abuse

lets gooo
kikiki

Kim

4,344 posts

Posted by Kim > 1 month ago | Report Abuse

adding 2.86

TheContrarian

9,504 posts

Posted by TheContrarian > 1 month ago | Report Abuse

But, but, but ..... someone said might drop to 2.50 ........ hahahahaha.

Bursino

314 posts

Posted by Bursino > 1 month ago | Report Abuse

Yesterday CIMB called Affin a BUY and their arithmetic on fair value is 4.30. Four dollar thirty sen. Only thing CIMB didn't say when can hit 4.30.

Kim

4,344 posts

Posted by Kim > 1 month ago | Report Abuse

sailang 2.86

Kim

4,344 posts

Posted by Kim > 1 month ago | Report Abuse

kikiki lets fly

Bursino

314 posts

Posted by Bursino > 1 month ago | Report Abuse

You people very cun-lah. One knows it will drop no further. Another knew it will fly. 🤗

Posted by Jonathan Keung > 1 month ago | Report Abuse

Technical rebound will continue. Highly oversold position

TheContrarian

9,504 posts

Posted by TheContrarian > 1 month ago | Report Abuse

Technical rebound? What technical rebound?

TheContrarian

9,504 posts

Posted by TheContrarian > 1 month ago | Report Abuse

Already 4 days has lapsed since the signing of the S&P last Friday. Abang Jo hasn't announced the purchase consideration .......... because Abang Jo doesn't know, hahaha 🤣🤣🤣

Kim

4,344 posts

Posted by Kim > 1 month ago | Report Abuse

Today is the day =)
Going like missiles Iranian 🔥
New shareholders on the way

RM2.95
RM2.98
RM3.05

TheContrarian

9,504 posts

Posted by TheContrarian > 1 month ago | Report Abuse

Spartans ....... onwards! Go, Spartans, go!

Kim

4,344 posts

Posted by Kim > 1 month ago | Report Abuse

Adding and absorbing 2.87
Going to breach 2.89 ---> RM2.93

Lets go
Kikiki

Plantermen

2,241 posts

Posted by Plantermen > 1 month ago | Report Abuse

Sentiment affected by Iran counter strike retailation against Israel overpay. Technically wallstreet have more or less down play the ongoing escalation the Middle East conflict. Israel is aware Iran is a big military power block In the Middle East

TheContrarian

9,504 posts

Posted by TheContrarian > 1 month ago | Report Abuse

In Sarawak's heart, where rivers flow,
A leader's hand, a steady show.
Abang Jo, a name renowned,
Affin's shares, now firmly bound.

With wisdom gained and experience keen,
A corporate realm, a vibrant scene.
A takeover, a strategic move,
A future bright, for all to groove.

Though challenges lie ahead, it's true,
Abang Jo's guidance, will see it through.
Affin's shares, a promising sight,
A beacon of hope, shining bright.

TheContrarian

9,504 posts

Posted by TheContrarian > 1 month ago | Report Abuse

Shorted and scorned, a fallen star,
Affin's worth, concealed so far.
But in the depths, a spark ignites,
A phoenix rising, shining bright.

With every doubt, a strength grows deep,
A silent force, a future's keep.
The market's game, a fickle test,
But Affin's spirit, stands the best.

A day will dawn, a tide will turn,
The short-sellers' schemes will burn.
Affin's ascent, a glorious sight,
A beacon of hope, shining bright.

LubeTrader

263 posts

Posted by LubeTrader > 1 month ago | Report Abuse

😄

Posted by Jonathan Keung > 1 month ago | Report Abuse

A good one Mr contratrian

Eagle77

7,009 posts

Posted by Eagle77 > 1 month ago | Report Abuse

Awaiting at 2.00 ⬇️🩸

TheContrarian

9,504 posts

Posted by TheContrarian > 1 month ago | Report Abuse

Once scorned and shunned, a stock so low,
Affin, undervalued, a painful blow.
Short sellers flocked, their bets were made,
A downward spiral, a fearful trade.

But tides can turn, markets can mend,
Affin's worth, it starts to ascend.
Rumors spread, a catalyst's gleam,
Short sellers panic, their profits scream.

Buybacks begin, a hasty retreat,
The downward spiral, a painful defeat.
The tables turn, the tide has swayed,
Affin's value, no longer delayed.

TheContrarian

9,504 posts

Posted by TheContrarian > 1 month ago | Report Abuse

Beneath the skies of Sarawak's grace,
A leader stands, with wisdom's trace.
Abang Jo, a name renowned and bright,
Will guide Affin towards a shining light.

With steadfast hand and heart of gold,
He'll steer the bank, a tale untold.
Affin's future, secure and grand,
Under his guidance, across the land.

The share price, a soaring bird, will fly,
As trust and confidence multiply.
Investors' faith, a beacon's gleam,
Will fuel Affin's prosperous dream.

TheContrarian

9,504 posts

Posted by TheContrarian > 1 month ago | Report Abuse

Forum here so quiet. Where have everyone gone?

TheContrarian

9,504 posts

Posted by TheContrarian > 1 month ago | Report Abuse

Yesterday Affin closed 4 sen higher, today another 4 sen higher. Will tomorrow see another 4 sen gain?

TheContrarian

9,504 posts

Posted by TheContrarian > 1 month ago | Report Abuse

Monday Affin closed 4 sen higher, yesterday closed another 4 sen higher, today 6 sen higher.

TheContrarian

9,504 posts

Posted by TheContrarian > 1 month ago | Report Abuse

A gem oft overlooked, a stock unpraised,
Affin, undervalued, its worth unrazed.
But tides are turning, a shift in the air,
Affin's share price, poised to declare.

From shadows of doubt, it starts to ascend,
A beacon of hope, a trend to transcend.
Investors awaken, their eyes now see,
The potential within, wild and free.

With every tick up, a whisper of cheer,
Affin's ascent, dispelling all fear.
A journey of growth, a story untold,
A tale of resilience, a future bold.

TheContrarian

9,504 posts

Posted by TheContrarian > 1 month ago | Report Abuse

Affin closed 4 sen up on Monday, another 4 sen up on Tuesday and 6 sen up today. Tomorrow will Affin close another 6 sen up?

TheContrarian

9,504 posts

Posted by TheContrarian > 1 month ago | Report Abuse

Several people recently boldly said that Affin will crash to RM2, hahaha 🤣🤣🤣

Dehcomic01

340 posts

Posted by Dehcomic01 > 1 month ago | Report Abuse

Affin – will a change of shareholders improve performance

The performance of Bursa banking group Affin over the past 12 year was nothing to shout about. Its performance, measured against a panel of 10 Bursa Malaysia banks, is below the sector median across key metrics such as returns, efficiency, and loan performance. However, it has improved its capital adequacy ratio.

But I would not consider Affin is a value trap as it remains profitable with a margin of safety over 30% based on the asset value. However, it lacks a sufficient margin of safety under the earnings value.

The Sarawak State Government has recently acquired a substantial stake in the bank. There is hope that the state would divert its funds to Affin thereby improving its deposits and hopefully grow its loans. But if the challenge is efficiency and loan performance, I am not sure whether there would be a quantum leap in performance. For more insights refer to page 20 of INVEST

https://notice.shareinvestor.com/email/newsletter/invest/pdf/Vol229-Invest-18Oct.pdf

TheContrarian

9,504 posts

Posted by TheContrarian > 1 month ago | Report Abuse

Go, go, go Affin.

Ny036

717 posts

Posted by Ny036 > 2 weeks ago | Report Abuse

Any dividend will declare this or next month?

nisah395

236 posts

Posted by nisah395 > 2 weeks ago | Report Abuse

Ambank already above RM5, Affin still below RM3

mf

29,201 posts

Posted by mf > 2 weeks ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

44,293.13

+304.14

0.69%

Nasdaq

NASDAQ Composite

19,298.76

+11.98

0.06%

Amazing

407 posts

Posted by Amazing > 1 week ago | Report Abuse

AFFIN,,,, GOOD BUY !!!

loribalak

152 posts

Posted by loribalak > 1 week ago | Report Abuse

Careful guys. Must look at the quality of the profits. If profitability is maintained by reversing provisions instead of the normal course of business... then it is bad news

TheContrarian

9,504 posts

Posted by TheContrarian > 1 week ago | Report Abuse

After having sold at RM3.00 end of October, it's time to buy back tomorrow.

aklobi

316 posts

Posted by aklobi > 1 week ago | Report Abuse

Overbought, speculative, price not justified, waiting for RM2 or around

loribalak

152 posts

Posted by loribalak > 6 days ago | Report Abuse

Yes RM2 would be a good buy. It will take quite a while for Sarawak to clean up Affin

nisah395

236 posts

Posted by nisah395 > 4 days ago | Report Abuse

QR out

Posted by Steve Lomas > 4 days ago | Report Abuse

When will AFFIN declare dividend?

nisah395

236 posts

Posted by nisah395 > 3 days ago | Report Abuse

The bank's revenue for the quarter increased by 22.44% year-on-year to RM612.77mil.

PETALING JAYA: Affin Bank Bhd expects the overall outlook for the domestic banking sector to remain favourable for the remainder of 2024 supported by steady loan and financial growth as well as stable asset quality.

In a filing with Bursa Malaysia, the banking group warned competition for deposits is expected to persist and intensify towards the end of the year, which may have implications on the overall industry’s cost of deposits.

TheContrarian

9,504 posts

Posted by TheContrarian > 18 hours ago | Report Abuse

Affin where can fall to RM2? 🤣🤣🤣

TheContrarian

9,504 posts

Posted by TheContrarian > 8 hours ago | Report Abuse

Maybe can fall to RM2.80 but RM2??? 🤣🤣🤣

turbochart

542 posts

Posted by turbochart > 2 hours ago | Report Abuse

Sarawak+Affin=SharkFin Bank🤣😁

Post a Comment
Market Buzz