Posted by TheContrarian > 2017-08-22 18:12 | Report Abuse

:-)

Posted by TheContrarian > 2017-08-22 22:09 | Report Abuse

RHB-AmBank merger called off. Maybe AmBank will be paired with Affin next. At one time Price/Book value Affin is how much ah?

Posted by apolloang > 2017-08-22 22:14 | Report Abuse

why u fall in love wif affin? I hate this bank. beach street and Macalister road both branches no priority banking also. hate the services so much.stupid bank

Posted by TheContrarian > 2017-08-22 22:35 | Report Abuse

Cheapest in terms of NTA, reasonably low P/E, reasonable dividend yield. I just want to have a bank in my portfolio. Just like I have Cepat and Bplant as my palm oil counters.

Posted by aklobi > 2017-08-22 22:58 | Report Abuse

Appoloang.. you are mixing bank services with stock fundamental results.. you might hate the bank, but it's just doing fine without your money.. and that's what matters for an investor! I have my acc in standard chartered, not in affin.. i love affin stock fundametals.. do i have to move my capital there? Of course not. I will have no effect whatsoever!

Posted by aklobi > 2017-08-22 22:59 | Report Abuse

... plus services are variables that can easily be imporoved

Posted by apolloang > 2017-08-22 23:00 | Report Abuse

how bout ur crestbld? today up a lot

Posted by TheContrarian > 2017-08-22 23:14 | Report Abuse

Already sold off Cresbld above RM1.10 in June or July, also received 4 sen dividend. Raised cash, then bought into Cepatwawasan, OSKVI.

Posted by apolloang > 2017-08-22 23:20 | Report Abuse

why osk announce bonus,but oskvi didn't do the same?

Posted by TheContrarian > 2017-08-22 23:28 | Report Abuse

Because OLH wanted to privatize OSKVI if he could.

Posted by apolloang > 2017-08-22 23:33 | Report Abuse

bro aklobi, I prefer citigold....classy and also auntie serving coffee.....hahaha

Posted by titus > 2017-08-23 17:09 | Report Abuse

Hi TheContrarian, saw you in insas forum. I say the earning is good except the recent Q. Overall it looks like a healthy company with low debt and NTA is increasing which is higher than the share price. Just like to find out you bought the mother or the warrant?

Posted by TheContrarian > 2017-08-23 17:46 | Report Abuse

Actually latest QR is good, previous QR was exceptionally good. If Insas could sustain a minimum of 5 sen EPS per quarter that would been an annual EPS of 20 sen, only P/E of 5. I currently hols both mother and warrant but much greater proportion of warrants, I think 10:1 ratio.

Posted by Buybuybuy > 2017-08-24 10:07 | Report Abuse

Trading buy call 3.50. The quarter result profit expect to rise significantly due to the regroup of the company. And Affin might merge with AMMB which fail to merge with RHB recently.

Posted by titus > 2017-08-24 16:30 | Report Abuse

Thanks TheContrarian (TC) for your explanation. The premium for the warrant is 40%. Maybe you bought it when it was low but at current price, I find it quite high. Unless insas will be valued to RM2 in this 3 yrs time.

Posted by TheContrarian > 2017-08-24 18:48 | Report Abuse

If Insas keeps up with its good financial performance there's a very strong chance to hit RM2 and I have more than two years window period. Yes, I bought the warrants low from 22 to 32 sen between Feb and May and topped up a bit at 36.5 sen about a week ago.

Posted by titus > 2017-08-28 13:22 | Report Abuse

Guess affin really wait till month out to issue the QR. After that four days no market. Is the results that bad?.. hmmm...

Posted by shortinvestor77 > 2017-08-28 17:12 | Report Abuse

Too worry. you better sell. Don't invest.

Posted by shortinvestor77 > 2017-08-28 17:13 | Report Abuse

Bank Negera Q2 report shows most bank are doing well. AMMB, CIMB Q2 results out show that.

Posted by kktom > 2017-08-28 21:26 | Report Abuse

affin will help make tons of money

Posted by TheContrarian > 2017-08-28 22:56 | Report Abuse

Sssssshhhhhhhhh

Posted by 4444 > 2017-08-28 23:19 | Report Abuse

Among the banks EPF hold the least %. Conman bank so dare not show QR?

Posted by TheContrarian > 2017-08-29 18:57 | Report Abuse

Results will be out tonite and will be better than last quarter.

Posted by latlut > 2017-08-29 19:05 | Report Abuse

most of the banks reported better qr. thecon. din do shopping today?

Posted by TheContrarian > 2017-08-29 19:15 | Report Abuse

I bought some Affin @ RM2.53 today.

Posted by kktom > 2017-08-29 19:21 | Report Abuse

ha I bought 30ks too.

Posted by TheContrarian > 2017-08-29 19:25 | Report Abuse

So it was you who blocked me from getting more.

Posted by titus > 2017-08-29 19:40 | Report Abuse

Today no result. Tomolo is the last working day of the month.

Posted by beso > 2017-08-29 19:56 | Report Abuse

affin always like to report on last min.

Posted by callmemaybe > 2017-08-29 21:43 | Report Abuse

TheContrarian Results will be out tonite and will be better than last quarter.
29/08/2017 18:57

What makes you so confidence of the upcoming result ?

Posted by shortinvestor77 > 2017-08-29 23:02 | Report Abuse

Ambank, CIMB, RHB and AFG are doing well. I think Affin and Maybank too.

Posted by TheContrarian > 2017-08-30 18:27 | Report Abuse

Affin results for 2nd qtr is better than 1st qtr isn't it?

Posted by ohy2012 > 2017-08-30 18:42 | Report Abuse

YES
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5533141

Posted by aklobi > 2017-08-30 19:00 | Report Abuse

Congratulations Comrades! This is the eid gift!

Posted by TheContrarian > 2017-08-30 19:03 | Report Abuse

Monday comes Affin not necessary will go up.

Posted by aklobi > 2017-08-30 19:04 | Report Abuse

Explain TheContrarian

Posted by TheContrarian > 2017-08-30 19:06 | Report Abuse

Anyway for long term holders, Affin's plan is to expand into Thailand and Indonesia. There's the only way to grow. The market in those two countries are much bigger than M'sia.

Posted by aklobi > 2017-08-30 19:06 | Report Abuse

This PE ratio should be lower tonight, right? The stock will look even more attractive to those looking for fundamentals.. Affin is screaming to all those who have brains: TAKE ME

Posted by aklobi > 2017-08-30 19:08 | Report Abuse

Sadly, not many in the market have brains lol

Posted by aklobi > 2017-08-30 19:11 | Report Abuse

TheContrarian.. I believe there is room for growth in Maaysia.. at least improve services and the customer service..

Posted by shortinvestor77 > 2017-08-31 00:02 | Report Abuse

4 consecutive quarters results improve yoy.

Posted by Beza > 2017-09-05 09:55 | Report Abuse

http://klse.i3investor.com/blogs/midfresearch/131486.jsp

Posted by Beza > 2017-09-05 09:55 | Report Abuse

FORECAST
We make no change to our FY17 and FY18 forecast.

VALUATION AND RECOMMENDATION
We continue to be encouraged by the Group’s future prospect. We believe that the transformation program continues to have an impact as evident by the NOII and mortgage loans growth. As previously stated, we like the fact that the Group is focusing on mortgage for affordable housing segment given the high demand for this property segment. Impairments and provisions increased in the quarter but pending any further information, we opine that this could be deliberate. However, we maintain our view that the Group is building its niche and we opine that this will ensure future profitability. Therefore, we maintain our BUY call for the stock, with an unchanged TP of RM3.30 based on pegging our FY18 BVPS forecast to PBV of 0.7x.

Source: MIDF Research - 5 Sept 2017

Posted by TheContrarian > 2017-09-05 19:24 | Report Abuse

Sadly no support.

Posted by latlut > 2017-09-05 20:03 | Report Abuse

i think many would prefer those first in first out counters as compare to affin. affin needs little bit of patience.

Posted by shortinvestor77 > 2017-09-05 20:46 | Report Abuse

KUALA LUMPUR: The local banking sector is expected to see its earnings grow 10.6 per cent this year, according to Affin Hwang Capital.

This will ease to a more modest 38 per cent next year before slightly rising 4.1 per cent in 2019, the firm said in a report today.

Affin Hwang Capital said favourable domestic demographic trends (driving consumption and housing needs), ample infrastructure projects in the pipeline and accommodative monetary policy are supportive reasons for the growth in earnings.

“The sector’s overall valuation in 2017 still appears attractive at a 1.35 times price to book value multiple (on a forward basis) against the past 10-year average of 1.6x and the past five-year average of 1.5x,” it added.

Key risks for the sector include new bad loan formation, net interest margin compression, higher funding costs, weaker loan growth and much higher provisions on FRS 9 (financial reporting standards) adoption.

Affin Hwang Capital’s top picks are AMMB Holdings Bhd, Public bank Bhd and Malayan Banking Bhd.

The firm upgraded its rating on AMMB from “hold” to “buy” with a price target of RM5.20 (based on 0.9x P/BV on calendar year 2018). “We believe the recent selling of the stock is unjustified (currently trading at 0.77x P/BV versus the sector at 1.35x), subsequent to the aborted merger plan with RHB Bank Bhd,” it added.

Posted by shortinvestor77 > 2017-09-05 20:56 | Report Abuse

http://www.klsescreener.com/v2/news/view/276895

Posted by aklobi > 2017-09-06 04:31 | Report Abuse

TheContrarian.. why gloomy? Do you see any negativity? All fundamentals are very good! I will personally accumilate Affin if it goes below 2.5

Posted by Mohd Fahmi Bin Jaes > 2017-09-06 05:42 | Report Abuse

Dow Jones Industrial Average
.DJI (INDEXDJX)
21,753.31Price decrease234.25 (1.07%)
Sep 5, 4:59 PM EDT - Disclaimer

Posted by TheContrarian > 2017-09-06 16:57 | Report Abuse

aklobi, I think yesterday's sell down due to North Korea tension.