election coming soon. Will there be any goodies for the GLC bank. Any M&A news will at least wake this counter from coma......hope for the best....hehe
Unfortunately for everyone, Darrenliew will buy Affin soon, if he hasn’t bought it yet, and will start an extensive campaign to support the stock. We say to him: exaggerated campaigns whether negative or positive will only damage the stock. It will mislead investor and cause confusion. PLEASE DON’T!
Just happened to look at this Forum for Affin. Wrong speculation that I had bought in Affin again. No. Not true at all. With my personal knowledge of the impending implementation of MFRS 9 from 1-1-18, I will not dare to touch any banking and Financial shares for a long time. Previously I highlighted MFRS 9 for the benefit of those investors who intend to buy Bank n Finance shares without being aware of the significant negative impact of MFRS9 on their loan impairement levels and therefore on their profits and dividends. My conscience was clear. My philosophy has always been to disseminate BOTH positive and negative market news when such news are true . My intention is noble to create public awareness and hence help investors to avoid being hurt by wrong investing decisions. It is dishonourable to put a lid on negative news just to protect one's portfolio positions.
ENTITLEMENT DATE FOR THE DISTRIBUTION OF THE ENTIRE SHAREHOLDINGS IN AFFIN BANK BERHAD ("AFFIN BANK") HELD BY AFFIN HOLDINGS BERHAD ("AFFIN") TO THE ENTITLED SHAREHOLDERS OF AFFIN WHOSE NAMES APPEAR IN AFFIN'S RECORD OF DEPOSITORS BY WAY OF A DISTRIBUTION-IN-SPECIE VIA A REDUCTION OF THE ENTIRE CONSOLIDATED CAPITAL AND THE RETAINED PROFITS OF AFFIN ("DISTRIBUTION")
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Vin Cullen
1,547 posts
Posted by Vin Cullen > 2017-12-05 19:00 | Report Abuse
FY17 9 sen dividend!!
What a great stock !! Bravo !