AFFIN BANK BERHAD

KLSE (MYR): AFFIN (5185)

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Last Price

2.99

Today's Change

+0.02 (0.67%)

Day's Change

2.97 - 3.00

Trading Volume

1,909,200


4 people like this.

4,110 comment(s). Last comment by TheContrarian 1 week ago

apolloang

18,163 posts

Posted by apolloang > 2018-07-06 16:21 | Report Abuse

sure lah miss soo there,after she's gone then fall lo.....hahaha

TheContrarian

9,429 posts

Posted by TheContrarian > 2018-07-06 18:36 | Report Abuse

Miss Soo must stay!

apolloang

18,163 posts

Posted by apolloang > 2018-07-06 18:39 | Report Abuse

why must stay? u no see her yet and didn't take 500k to put fd there....hahaha

TheContrarian

9,429 posts

Posted by TheContrarian > 2018-07-07 14:14 | Report Abuse

Monday I see her and will ask her to stay.

happy1983

114 posts

Posted by happy1983 > 2018-07-09 12:51 | Report Abuse

Miss Soo is pretty chabo lai... haha...

apolloang

18,163 posts

Posted by apolloang > 2018-07-09 14:37 | Report Abuse

how u know happy1983? btw where r u bro contrarian?

happy1983

114 posts

Posted by happy1983 > 2018-07-09 14:59 | Report Abuse

From conversation I tot u know her wor... You never meet her ar? I know her b4 that time she was Ambank manager...

apolloang

18,163 posts

Posted by apolloang > 2018-07-09 15:36 | Report Abuse

ambank which branch?

TheContrarian

9,429 posts

Posted by TheContrarian > 2018-07-11 00:35 | Report Abuse

Sorry apolloang, has been busy with work.

apolloang

18,163 posts

Posted by apolloang > 2018-07-11 11:51 | Report Abuse

why need to work? play stocks enough lah.....hahaha

TheContrarian

9,429 posts

Posted by TheContrarian > 2018-07-11 14:49 | Report Abuse

Need to work, got so many girls to support.

apolloang

18,163 posts

Posted by apolloang > 2018-07-11 14:51 | Report Abuse

really where? I wanna go there to work too......hehe

TheContrarian

9,429 posts

Posted by TheContrarian > 2018-07-11 14:52 | Report Abuse

You no need to work, you big boss.

apolloang

18,163 posts

Posted by apolloang > 2018-07-11 23:01 | Report Abuse

your office apa kerja one?

TheContrarian

9,429 posts

Posted by TheContrarian > 2018-07-11 23:13 | Report Abuse

Kerja kutip derma.

apolloang

18,163 posts

Posted by apolloang > 2018-07-12 09:58 | Report Abuse

miss soo waiting for u before she cabut....hehe

TheContrarian

9,429 posts

Posted by TheContrarian > 2018-07-12 19:24 | Report Abuse

I am leaving for overseas tomorrow.

adstey

110 posts

Posted by adstey > 2018-07-13 18:21 | Report Abuse

just leave, what is so big deal

Buybuybuy

695 posts

Posted by Buybuybuy > 2018-07-17 10:35 | Report Abuse

Trading buy call 3.70. special dividend is right on the track. Buy now when the price is still low.

happy1983

114 posts

Posted by happy1983 > 2018-07-17 18:51 | Report Abuse

Where got special dividend?

jibbie

762 posts

Posted by jibbie > 2018-08-04 09:16 | Report Abuse

utusan default loan to pay affin bank. this would be bad news to affin

https://www.thestar.com.my/business/business-news/2018/08/01/utusan-defaulted-on-loan/

TheContrarian

9,429 posts

Posted by TheContrarian > 2018-08-04 09:35 | Report Abuse

RM2.9 million only.

Hidup_Anwar

1,010 posts

Posted by Hidup_Anwar > 2018-08-06 10:38 | Report Abuse

Bank to close if Anwar become PM? Buy call then short(IDSS) the ctr?

adstey

110 posts

Posted by adstey > 2018-08-08 10:29 | Report Abuse

sooner illegal banks will surface

4444

1,800 posts

Posted by 4444 > 2018-08-29 04:22 | Report Abuse

No wonder QR weak. Pushing down ctrs by IDSS make rakyat poor and who want to trade stocks when so many crooks around?

Posted by Anti_short > 2018-08-29 05:48 | Report Abuse

IDSS more worse QR will get not better.

zero

525 posts

Posted by zero > 2018-09-06 02:10 | Report Abuse

Why does a RM4.6bn company which has just retrenched staff need a new, half billion RM HQ?

5354

375 posts

Posted by 5354 > 2018-09-06 02:40 | Report Abuse

They bought TRX land bec support BN? They want to help govn reduce debts from 1MDB?

zero

525 posts

Posted by zero > 2018-09-06 13:40 | Report Abuse

Too bad. No wonder heads have started to roll in LTAT.

Best case scenario is if they get swallowed up by a bigger bank.

Posted by thenextwave > 2018-09-09 17:56 | Report Abuse

epf continue buying
i think something is brewing on this counter.
Tun Daim have made recommendation to Tun M on the future of LTAT.
Probably LTAT will privatise Affin since the current price is way below its NTA of 4.30

TheContrarian

9,429 posts

Posted by TheContrarian > 2018-09-09 18:33 | Report Abuse

You cannot privatise a bank.

Posted by thenextwave > 2018-09-09 18:42 | Report Abuse

if not privatise, then merrger.

zero

525 posts

Posted by zero > 2018-09-10 15:13 | Report Abuse

Tun Daim has always pushed for banking consolidation - that is clearly the way forward; we have too many banks. We just need around 6 big, regionally competitive banks, well capitalised, each with their own niche, not the motley crew right now.

TheContrarian

9,429 posts

Posted by TheContrarian > 2018-09-10 15:26 | Report Abuse

Affin might be swallowed by Maybank.

TheContrarian

9,429 posts

Posted by TheContrarian > 2018-09-10 15:28 | Report Abuse

Even at 0.9 book value Affin would be priced at 4.00.

zero

525 posts

Posted by zero > 2018-09-10 15:39 | Report Abuse

as a shareholder of Maybank, I sure hope not ;)

Not many incremental benefits for Maybank to take in a RM4.5bn bank, they will also want to lay off staff and close branches (so, not good for the regulators); whereas, the 2nd Tier Banks might see something in Affin.

The BEA stake in Affin is surely going to be a stumbling block to any corporate exercises, like the Aabar stake in RHB.

TheContrarian

9,429 posts

Posted by TheContrarian > 2018-09-10 15:42 | Report Abuse

Maybank appears to be the best fit. Affin has a strong stockbroker subsidiary in the former Hwang DBS.

zero

525 posts

Posted by zero > 2018-09-10 15:43 | Report Abuse

@TheContrarian - BIMB looks promising to me, after they solve their overhanging political issues. Definitely a bank with a bright future. Not sure if I can really say the same about Affin; Affin is really a Net Asset play to me, but I can't see any catalyst that will 'unlock' the value in the immediate. Barring being acquired at a stupid valuation lah.

Posted by thenextwave > 2018-09-10 15:46 | Report Abuse

LTAT is now short of cash. Very difficult to pay more than 10% dividend to its members. They are buying many assets during Lodin's time and cause their cash reduced a lot.
Now is the time they will monetize their asset such as affin to sustain they dividend.

TheContrarian

9,429 posts

Posted by TheContrarian > 2018-09-10 16:28 | Report Abuse

BIMB is an Islamic bank, it's not practical for it to merge with Affin.

zero

525 posts

Posted by zero > 2018-09-10 16:51 | Report Abuse

yup, i meant it only as an opportunity cost investment choice, something that you might be interested to look at

TheContrarian

9,429 posts

Posted by TheContrarian > 2018-09-10 16:59 | Report Abuse

Affin has limited downside. I first aquired Affin at 2.09 and I don't think I will ever get that price again. There's great potential upside if and when a merger takes place

zero

525 posts

Posted by zero > 2018-09-10 17:36 | Report Abuse

That is true. Just need to be patient.

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-09-12 11:01 | Report Abuse

It is time to move..yeah..profit is real ! HAHAHA

Posted by thenextwave > 2018-09-15 09:38 | Report Abuse

Merger coming soon. Read the star business headline today on bank consolidation

TheContrarian

9,429 posts

Posted by TheContrarian > 2018-09-15 14:10 | Report Abuse

How much will it take for LTAT, Boustead and Bank of East Asia to relinquish control in a merger/takeover?

aklobi

310 posts

Posted by aklobi > 2018-10-06 21:20 | Report Abuse

Whats going on guys?

TheContrarian

9,429 posts

Posted by TheContrarian > 2018-10-06 21:54 | Report Abuse

Nothing going on, that's the problem.

Posted by josephlopez > 2018-10-08 14:18 | Report Abuse

what's the problem with Affin Bank? any comments

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