Gomen not yet pump money or good news into this bank. That why down loh. just waiting for any M&A news. Waiting for them to hv affin M&A with any bank to do get biggest syariah compliance bank.
B10. DIVIDENDS a) The Directors do not propose any final dividend for the current financial year ended 31 December 2017 b) Total dividend for the current financial year : Interim dividend of 2.34 sen per share c) Total dividend for the previous financial year : 8.32 sen per share, comprising of an interim dividend of 3.80 sen per share and final dividend of 4.52 sen per share
Dividend payout is decreasing, next financial year could give no dividend especially with the implementation of Basel III where more impairments are to be recorded especially for new bank loans at the start.
Dividend of 2.34 sen was when Affin Bank was wholly owned by Affin Holdings. Affin Bank only listed this month and yet to pay any dividend to the public.
Recent low was 2.38 which was only briefly. 2.40 appears to be strong support. I think recently banking sticks have been re-evaluated upwards because increase in BLR will boost earnings due to time lag in adjusting deposit interest rates.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3400 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
profitgrow
773 posts
Posted by profitgrow > 2018-02-12 10:25 | Report Abuse
every bank goes up.. affin down.? ?? ?