Many people are afraid to lose money. They want to sleep soundly every night.
So am I. I am just as fearful as everyone else losing money. Therefore, let me recommend you
"PRESENTING ARBB (7181) THE GOOD STOCK FOR INVESTORS"
Why is ARBB (7181) GOOD?
These are my Reasons:
1) ARBB HAS ZERO GEARING
Current Liabilities/Non-Current Liabilities
Borrowings - ZERO
If a company has no borrowings or low borrowings can they go bankrupt if you don't owe money to bank, friends or financial institution?
Their cash in the bank is more than enough to cover all their liabilities.
No one or Company can be low in debt, SO ARBB IS A STOCK ON WHICH YOU CAN BUY AND SLEEP SOUNDLY.
2) HIGH NTA
I do not know why so many analysts or retailers start to use NTA as a valuation-base. I used to hear of PER being popularly used, perhaps ... P/B too. But NTA? Why every tom-dick now talking about the NTA of companies when we are trading/investing? Who started the NTA game? The NTA of ARBB is HIGH NTA value ... therefore, it is under-valued.
Price/NTA = 106.1%
3)ARBB IS ON THE RIGHT TRACK IR4.0 INDUSTRY
ARB is in the IR4. 0 industry where every developed or developing countries are heading to, its just a matter of time arb going SHOOT UP SKY HIGH! There are so much potential in IR4.0 industry company, The reasons why industry 4.0 is important are the benefits, BECAUSE It helps manufacturers with current challenges by becoming more flexible and making reacting to changes in the market easier. It can increase the speed of innovation and is very consumer centred, leading to faster design processes. Arb is ON the right track, so what are you waiting for? Until ARBB hit RM2.50, then only you regret??
PRICE FROM SEPTEMBER 0.305SEN RISE UP TO 0.40SEN YESTERDAY
So WHY NOT BUY ARBB? GO AHEAD.
To me, I’m ALL in ready for the spike! Keep it as my retirement fund.
PRICE SURE KEEP INCREASING EVERY QUARTER, TIME IS MONEY AND TIME DOES NOT WAIT FOR NO ONE! GO FOR ARBB, STRIVE FOR SUCCESS!
Affin Bank's last five years earning per share decreased from 33.3 to 25.9sen. At current share price, P/E ratio is at relatively low level (6.8). Total annual dividend payout was 5sen per share, at current share price dividend yield is around 2.46%, which is lower than fixed deposit rate. Affin Bank did not perform well compared to other banks in Malaysia, return on equity around 6.36% only, cost-to-income ratio, relatively high at more than 50%. Management should improve efficiency more to match the performance of other major banks in Malaysia. Dividend payout ratio is at around 20%, which is much lower compared to other banks, which pays over 40% of income to share holders as dividend. Overall, shares investment in Affin Bank are less attractive compared to Maybank, CIMB Bank and Public Bank.
Head Bank like Maybank and CIMA start to drop already, next will be the smaller banks, sell and run. Economic will be worst and national bank is going to decrease the interests again soon.
Based on comparison of 8 major bank counters in Malaysia, it is found that currently Affin Bank is not ranked as the TOP 3 bank counters worthy to invest in. Affin Bank’s performance indicators mostly lag behind other bank counters such as Maybank, Public Bank and Hong Leong Bank. More improvement is needed to increase its competitiveness.
Good results our Bursa not very welcome. Super good net profit like Tropicana. Mbsb. Glomac Asiapac .sim pro. Symlife. Ksl Daya.all ending not a good happy ending. Only goreng like tiger net loss limit up. So for me I really dun care the results As long as Good news then goreng if goreng no results affin can be 4 ringgit Example salute prlexus all 200 to 300%
FY19E/FY20E earnings tweaked. We revised FY19E/FY20E earnings by -2%/-3% to RM566m/RM651m on account of: (i) NIMs (-18/+5bps (from -8/-3bps), (ii) loans growth at -2%/4% (from~1%/4%), (iii) credit charge at 25/23bps (unchanged), and (iv) CIR at 60%/59% (unchanged) as most of its strategic initiatives will be completed by 2019.
TP unchanged and rating maintained. TP maintained at RM2.45 based on FY20 target PBV of 0.49x (unchanged) - implying a 0.5SD below mean - to account for its abysmal loans. Given that compliance on NSFR is attained, lower funding cost and credit charges will support earnings ahead with opex expected to taper given the completion of its strategic initiatives. Still undemanding with total returns at >20%, OUTPERFORM call is reiterated.
Dulu: THE Hong Kong-based The Bank of East Asia Ltd (BEA) acquired 105.45 million shares in Affin Holdings Bhd, following the subscription of rights issues on July 11. Tan Sri Quek Leng Chan is BEA’s second largest shareholder with 15.02%, while Spain’s CaixaBank has 16%. Post-acquisition, BEA remained as the second largest shareholder with a 23.52% interest after Lembaga Tabung Angkatan Tentera (LTAT) with 35.18%. The counter closed higher at RM3.62 on July 16, up 13 sen.
possible for hong leong bank to acquire affin? too many banks in malaysia nowadays for a population of 29mil excluding foreigners :)
THE Hong Kong-based The Bank of East Asia Ltd (BEA) acquired 105.45 million shares in Affin Holdings Bhd, following the subscription of rights issues on July 11. Tan Sri Quek Leng Chan is BEA’s second largest shareholder with 15.02%, while Spain’s CaixaBank has 16%. Post-acquisition, BEA remained as the second largest shareholder with a 23.52% interest after Lembaga Tabung Angkatan Tentera (LTAT) with 35.18%. The counter closed higher at RM3.62 on July 16, up 13 sen.
Grab and four banks keen on digital banking licence | The ... https://www.theedgemarkets.com › article › cover-story-grab-and-four-ban... Jul 4, 2019 - TECHNOLOGY firm Grab and at least four banks — CIMB Group Holdings Bhd, Affin Bank Bhd, Hong Leong Bank Bhd and AMMB Holdings ...
Affin was one of the applicants, correct? :)
Bank Negara to open up banking sector to 5 new online lenders Publish date: Fri, 27 Dec 2019, 4:02 PM KUALA LUMPUR: Bank Negara plans to issue up to five licences to new online banks offering either conventional or Islamic banking under a proposed licensing framework set to be finalised next year.
In a draft proposal issued on Friday, the central bank said the new framework would allow for internet-based banking products and services that could address gaps in the market for potential underserved and unserved customers. The new lenders will have access to the country's shared ATM network.
The move by Bank Negara comes as regulators across Asia open up banking sectors to new digital players using technology to offer financial services.
"Such digital banks are expected to offer meaningful access to and promote responsible usage of suitable and affordable financial solutions to financial consumers," it said in a statement.
According to the draft proposal, "Preference will be accorded to an application where the controlling equity interest in the proposed licensed digital bank resides with Malaysians."
The banks would also need to demonstrate their viability in the first three to five years of operations, with an asset threshold of not more than RM2 billion during the period.
The central bank will finalise its policy document on the new lenders during the first half of 2020 after gathering feedback on the proposed framework. Applications for licences would be opened after the policy document is issued. - REUTERS
Date of change 01 Nov 2019 Name MR IGNATIUS CHAN TZE CHING Age 62 Gender Male Nationality Hong Kong Type of change Appointment Designation Member of Audit Committee Directorate Non Independent and Non Executive Composition of Audit Committee (Name and Directorate of members after change) (1) Encik Abd Malik bin A Rahman (Chairman) (2) Dato' Mohd Hata bin Robani (3) Associate Prof. Dr. Said Bouheraoua (4) Dato' Rozalila binti Abdul Rahman (5) Mr. Ignatius Chan Tze Ching
Remarks : Upon confirmation of the Board Resolution.
Announcement Info Company Name AFFIN BANK BERHAD Stock Name AFFIN Date Announced 29 Nov 2019 Category Change in Audit Committee Reference Number C02-29112019-00005
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 3333 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....
Dangel
422 posts
Posted by Dangel > 2019-11-05 16:56 | Report Abuse
Guys, I'm in today!