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

TheContrarian

9,429 posts

Posted by TheContrarian > 2019-06-26 14:53 | Report Abuse

Today's volume already exceeded the shareholding of the 30th largest shareholder in Affin.

calvintaneng

56,441 posts

Posted by calvintaneng > 2019-06-26 23:18 | Report Abuse

ANOTHER STRONG REASON WHY CALVIN WON'T BUY UNPROVEN NEW IPO STOCKS IS BECAUSE CALVIN FOLLOWS HOW PUBLIC BANK OR HONG LEONG BANK GIVE OUT LOANS

NO. 1

BANKS WILL ONLY GIVE OUT LOANS FOR THOSE WITH PROOF OF ACTUAL INCOME
3 MONTHS SALARY PAY SLIP FROM EMPLOYERS OFFICIAL LETTER

THIS SHOWS THAT THE BORROWERS CAN PAY IF HE BORROWS. THE LOAN PAYMENT AMOUNT IS ABOUT 1/3 OF HIS INCOME OR SALARY


NO. 2

IF HE DOES NOT QUALIFY THEN HE MUST SHOW IF HE HAS ASSET BACKING

A) CASH IN BANK FD (THIS IS THE BEST AS CO-LATERAL) IF CUSTOMER CANNOT PAY THEN SEIZE THE FD

B) GOLD OR GOLD CERTIFICATE DEPOSITED WITH THE BANK

C) ASSETS LIKE LANDS, HOUSES, SHOPS OR FACTORIES PLEDGED AS SECURITY FOR BORROWING OR OD (OVERDRAFT).


NO. 3 IS USUALLY REJECTED

PROMISE OF GREAT FUTURE INCOME FROM ENTERPRIZE OR VENTURE

TOO RISKY AS BANKS CANNOT TRUST FUTURE EARNINGS ALONE


APPLY THIS TO SHARES

1) CAN BUY SHARES LIKE TA, ASB & TALAMT BECAUSE OF HIGH NET CASH & ASSET BACKING

2) CAN BUY STOCKS WITH CONSISTENT EARNINGS WITH DIVIDENDS

CANNOT BUY IPO SHARES AS IT FAILED NO. 1 & MO. 2

FOR THIS REASON CALVIN WILL NOT BUY GREATEC OR ANY SHARES AT IPO

TheContrarian

9,429 posts

Posted by TheContrarian > 2019-06-29 16:18 | Report Abuse

Affin planning to list Affin-Hwang.

10bagger10

1,007 posts

Posted by 10bagger10 > 2019-06-29 16:59 | Report Abuse

So monday will up?

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2019-07-01 08:56 | Report Abuse

Believe will take at least one year to materialize for listing. Nonetheless, medium term is still ok.

KL1234

4 posts

Posted by KL1234 > 2019-07-01 15:58 | Report Abuse

Nta way above share price but once the listing done, there should be a big dividend payout to reward the shareholders.

ivan9511

3,854 posts

Posted by ivan9511 > 2019-07-01 16:37 | Report Abuse

Keep.buy
Still cheap
Tp 3 ringgit

bose00

1,079 posts

Posted by bose00 > 2019-07-01 18:45 | Report Abuse

yes price is undervalue $2.1x. NTA worth $4.58
Just close eye and buy

chkhooju

1,706 posts

Posted by chkhooju > 2019-07-04 22:27 | Report Abuse

Please go and see a mental doctor.

Walao

75 posts

Posted by Walao > 2019-07-08 10:51 | Report Abuse

shareinvestor88 are you mentally sick??? You only know sell & run ... moron!

cmtfly

100 posts

Posted by cmtfly > 2019-07-08 13:36 | Report Abuse

Shareinvestor88 is smart, he picks once you all sell, threaten tp at 50cts

chkhooju

1,706 posts

Posted by chkhooju > 2019-07-08 14:27 | Report Abuse

You said that psycho man is smart? Reckon you are just as crazy. Do you know that that 50¢man is an escapee from Tanjung Rambutan?

chkhooju

1,706 posts

Posted by chkhooju > 2019-07-08 14:28 | Report Abuse

Walao also affirm that I'm not the only one.

TheContrarian

9,429 posts

Posted by TheContrarian > 2019-07-09 20:29 | Report Abuse

LTAT intends to dispose up to approximately 16.4 million shares at a price not less than RM2.09.

Hustle

3,615 posts

Posted by Hustle > 2019-07-10 00:33 | Report Abuse

Need to buy back few helicopter and jet engine definitely need some cash lol

Hustle

3,615 posts

Posted by Hustle > 2019-07-10 10:09 | Report Abuse

Force to cash out in order to support gov low cost project

Hustle

3,615 posts

Posted by Hustle > 2019-07-10 10:10 | Report Abuse

Base on trace record LTAT enter price at 2016 is 2.20 above

Hustle

3,615 posts

Posted by Hustle > 2019-07-10 10:10 | Report Abuse

Big sacrifice

Hustle

3,615 posts

Posted by Hustle > 2019-07-10 10:14 | Report Abuse

Chill up guys LTAT

Hustle

3,615 posts

Posted by Hustle > 2019-07-10 10:17 | Report Abuse

EPF

swordwa2

77 posts

Posted by swordwa2 > 2019-07-11 18:44 | Report Abuse

@TheContrarian: do you have the reference link on LTAT's intention to dispose 16.4m shares?

TheContrarian

9,429 posts

Posted by TheContrarian > 2019-07-11 19:23 | Report Abuse

LTAT is merely selling off the portion of the shares they received as dividends in January this year.

aklobi

310 posts

Posted by aklobi > 2019-07-13 20:48 | Report Abuse

Typical cheap trick by shareinvestor88 trying to buy affin at a cheaper price. Greed has no limits.

chkhooju

1,706 posts

Posted by chkhooju > 2019-07-13 22:28 | Report Abuse

He, where got money to buy? He has just escaped from Tanjung Rambutan where he was treated for severe depression. He lost his pants and thus always screaming SELL, SELL, SELL. Apart from the word SELL he is not capable of saying other words. Pity him.

chkhooju

1,706 posts

Posted by chkhooju > 2019-07-13 22:31 | Report Abuse

He is mentally ill and his vocabulary is very limited. A very sad case.

Aven

29 posts

Posted by Aven > 2019-07-14 03:28 | Report Abuse

Very soon less than 2.00

5354_

4,793 posts

Posted by 5354_ > 2019-07-14 04:51 | Report Abuse

LTAT why keep disposed?

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2019-07-15 14:38 | Report Abuse

Tabung continue selling? TP1.95

TheContrarian

9,429 posts

Posted by TheContrarian > 2019-07-16 17:58 | Report Abuse

Bought today at 2.05.

Ncm88

1,219 posts

Posted by Ncm88 > 2019-07-16 18:03 | Report Abuse

Funny u want to contra affin bank a

cheoky

2,823 posts

Posted by cheoky > 2019-07-16 21:15 | Report Abuse

low can go lower in affin....1mdb....

aklobi

310 posts

Posted by aklobi > 2019-07-19 12:27 | Report Abuse

Shareivestor88! Better Go! Problem here! No good here! You english very bad! You big headache here! Me very angry! You very greedy! Affin no good! Understand english?

signalmw

3,314 posts

Posted by signalmw > 2019-07-21 18:04 | Report Abuse

Sapu bellow 2.bec NTA 4.5

Iloveshare

944 posts

Posted by Iloveshare > 2019-07-21 18:27 | Report Abuse

why below 2 ?

jolow

652 posts

Posted by jolow > 2019-07-22 21:56 | Report Abuse

ltat sell to epf
deal in the making

Posted by Activetrader > 2019-07-24 23:36 | Report Abuse

shareinvestor88 im very sure u r a sohai! ugly sohai nerd

Posted by lionel messi > 2019-07-30 09:25 | Report Abuse

great, the lower the better for serious, value and long term investors. screaming buy and god sent. where can you find a banking stock with these kind of fundamentals and ownership selling at this price?

aklobi

310 posts

Posted by aklobi > 2019-08-01 11:49 | Report Abuse

TheContrarian, do you have any explanation as to why the stock price is declining? Shareinvestor88: we hear you and this stock is VERY BAD. Please go buy something else.

TheContrarian

9,429 posts

Posted by TheContrarian > 2019-08-01 20:05 | Report Abuse

Aklobi, no idea. When LTAT started selling, buyers shy away. LTAT has ceased selling when price dropped below 2.10. Now maybe forced selling on someone's pledged shares.

Posted by verbatin1969 > 2019-08-07 16:17 | Report Abuse

bought 8,000 today RM 2

TheContrarian

9,429 posts

Posted by TheContrarian > 2019-08-07 19:46 | Report Abuse

Bought at 1.99 this morning.

SK92

161 posts

Posted by SK92 > 2019-08-08 11:18 | Report Abuse

attractive price but wont enter at this price...confirm drop lagi

Tipster

752 posts

Posted by Tipster > 2019-08-09 11:55 | Report Abuse

Why is this trading so low?

Posted by shareinvestor88 > 2019-08-13 22:03 | Report Abuse

Activetrader , told u to sell

Posted by shareinvestor88 > 2019-08-14 09:32 | Report Abuse

SELL SELL TP 150

TheContrarian

9,429 posts

Posted by TheContrarian > 2019-08-14 15:13 | Report Abuse

Waiting at 1.50. When can reach?

Posted by shareinvestor88 > 2019-08-15 19:39 | Report Abuse

SELL SELL TP 150

Posted by shareinvestor88 > 2019-08-16 13:41 | Report Abuse

SELL SELL

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2019-08-16 16:18 | Report Abuse

150, uum, very attractive then. If management has no plan to initiate some strategy to list its valuable assets, 150 is possible under the current environment. ST 180.

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