Posted by Dangel > 2019-11-05 16:56 | Report Abuse

Guys, I'm in today!

Posted by Jeffreyteck > 2019-11-06 08:45 | Report Abuse

Among the lowest price book ratio. Looks like management is not capable to unleash its hidden potential.

Posted by Moneymachinemaker > 2019-11-06 09:32 | Report Abuse

DONT WAIT AND BUY, BUY NOW AND WAIT!

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!

Posted by newbie4444 > 2019-11-06 23:17 | Report Abuse

Earn a lot of $ why still 1.94?

Posted by newbie4444 > 2019-11-06 23:19 | Report Abuse

Bec bank $ use to fry OTB stocks?

Jeffreyteck Among the lowest price book ratio. Looks like management is not capable to unleash its hidden potential.
06/11/2019 8:45 AM

Posted by lloydlim > 2019-11-09 11:15 | Report Abuse

Banking stocks should make a come back!

Posted by carilembu > 2019-11-13 09:17 | Report Abuse

next 2.05 for this usual laggard bank

Posted by LouiseS > 2019-11-13 17:59 | Report Abuse

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.

https://louisesinvesting.blogspot.com/2019/11/comments-on-affin-bank-berhad-5185.html

Posted by Icon8888 > 2019-11-13 18:17 | Report Abuse

I am in

198 average cost

Posted by Eric Pang > 2019-11-13 19:53 | Report Abuse

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.

Posted by Icon8888 > 2019-11-13 19:56 | Report Abuse

No run

Dumb dumb hold

Posted by Eric Pang > 2019-11-13 20:10 | Report Abuse

特朗普在讲话中对美中经贸关系的状况做出了新的评估。他认为，与他上任之前相比，美中经贸关系已经发生了重大变化，中国不再能够毫无忌惮的侵占或者伤害美国的利益。

他称，与中国的第一部分可能很快“敲定”，但“如果没有的话，我们将大幅度地提高关税。”

Posted by ahbah > 2019-11-13 20:33 | Report Abuse

Banks ... overweight as Kak Sham will give back half per cent deposit to the banks.

Posted by ahbah > 2019-11-14 08:26 | Report Abuse

The worst economic wasss oredi inside our Bursa tummi n the economic

will grow into a super bull 2020 !

Got it !

Posted by Davidl > 2019-11-14 13:00 | Report Abuse

Time to accumulate!

Posted by thesteward > 2019-11-18 20:58 | Report Abuse

This stock is a joke . Quarterly performance ok Ang nta above rm4 but only rm2.02 now . What a let down

Posted by thesteward > 2019-11-18 20:59 | Report Abuse

But thank God icon8888 is here too. I not so worry .
Yo icon bro you got telegram grouo or not can let me join?

Posted by LouiseS > 2019-11-20 06:04 | Report Abuse

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.

https://louisesinvesting.blogspot.com/2019/11/comparison-of-major-bank-stock-counters.html

Posted by lilychan > 2019-11-25 08:36 | Report Abuse

lending billion billion huge money to TRX .. affin less money to lending to other public people ...

Posted by Davidl > 2019-11-26 12:22 | Report Abuse

All eyeing this coming QR!

Posted by ivan9511 > 2019-11-26 17:17 | Report Abuse

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%

Posted by Davidl > 2019-11-28 23:21 | Report Abuse

Unfortunately YOY profit drop almost 50%!

Posted by Jeffreyteck > 2019-11-29 15:31 | Report Abuse

Poor bank because poor management.

Posted by Davidl > 2019-12-05 14:09 | Report Abuse

Am still looking forward to get at price below 1.80

Posted by firehawk > 2019-12-06 12:18 | Report Abuse

Give chance to loyal supporters to average down again ....


Posted by Icon8888 > Apr 14, 2019 4:40 PM | Report Abuse
I added more

Posted by Icon8888 > Apr 28, 2019 8:16 AM | Report Abuse
cost 223

Posted by trapped > 2019-12-17 07:46 | Report Abuse

Dividend no more bec $ use to fry OTB stocks?

Posted by Victor Yong > 2019-12-27 13:59 | Report Abuse

ambank, alliance, cimb, etc have risen, what happened to this laggard?

Thursday, 28 Nov 2019

5:18PM AFFIN Nine-month net profit 384.374 million (increased 2.36%)



Wednesday, 11 Sep 2019

5:39PM AFFIN EMPLOYEES PROVIDENT FUND BOARD (82,600 units Acquired)


Tuesday, 27 Aug 2019

6:33PM AFFIN 1H net profit 306.823 million (increased 36.37%)


Monday, 19 Aug 2019

6:27PM AFFIN EMPLOYEES PROVIDENT FUND BOARD (97,600 units Acquired)

Posted by Victor Yong > 2019-12-27 14:08 | Report Abuse

go for it :)

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.

Source: Kenanga Research - 2 Dec 2019

Posted by Victor Yong > 2019-12-27 14:30 | Report Abuse

possible as a target for merger or acquisition?

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.

Posted by Victor Yong > 2019-12-27 15:23 | Report Abuse

really quiet :)

EMPLOYEES PROVIDENT FUND BOARD 23-Aug-2019 Acquired 82,600 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 06-Aug-2019 Acquired 97,600 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 12-Jul-2019 Acquired 100 0.000 View Detail

Posted by Victor Yong > 2019-12-28 10:03 | Report Abuse

affin will rise next year after getting the virtual bank license later? :)

Posted by Victor Yong > 2019-12-28 10:04 | Report Abuse

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.

Posted by Victor Yong > 2019-12-28 10:06 | Report Abuse

Price Target
Date Open Price Target Price Upside/Downside Price Call Source
05/12/2019 1.90 2.00 +0.10 (5.26%) HOLD HLG
02/12/2019 1.94 2.45 +0.51 (26.29%) BUY Rakuten
02/12/2019 1.94 2.45 +0.51 (26.29%) BUY KENANGA
02/12/2019 1.94 2.00 +0.06 (3.09%) HOLD HLG

Posted by TheContrarian > 2019-12-28 10:07 | Report Abuse

Sssssssshhhhhhhhhhhhh

Posted by Victor Yong > 2019-12-28 15:31 | Report Abuse

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

Posted by Good123 > 2019-12-30 09:40 | Report Abuse

ya lah, ltat dan boustead boleh jualkan syer affin kepada hong leong bank :)

Posted by Good123 > 2019-12-30 09:41 | Report Abuse

bank of east asia, hong leong bank's founder dan affin adalah related :)

Posted by Good123 > 2019-12-30 10:50 | Report Abuse

affin will rebound strongly next year, digital bank license plus potential disposal by boustead or LTAT

Posted by Victor Yong > 2019-12-30 20:19 | Report Abuse

Hongkis appointed :)

Change in Audit Committee
AFFIN BANK BERHAD

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

Posted by Victor Yong > 2019-12-31 08:53 | Report Abuse

Any window dressing for affin today? :)

Posted by nickthebest > 2020-01-05 11:26 | Report Abuse

Dirt cheap for a bank stock, added more.

Posted by anticonman > 2020-01-15 15:35 | Report Abuse

1.9 forever as long OTB use bank $ to pump stocks?

Posted by alibazil90 > 2020-01-19 20:49 | Report Abuse

Affin confirm ok. Stacking up.

Posted by firehawk > 2020-01-22 22:57 | Report Abuse

YES! confirm ok, won't drop below 1.00 !!!

Posted by RainT > 2020-02-02 12:10 | Report Abuse

Why buy this small bank when other bigger bank are in offer now

Posted by firehawk > 2020-02-02 13:17 | Report Abuse

No lah, Affin is cheap, 1.84 only!

cheaper than all others, MBB, HLB, ABBM, BIMB .... all connot compare to Affin lah! Sifu and her followers love Affin!

Posted by Bullhunter > 2020-02-04 12:33 | Report Abuse

bottom not hit yet

Posted by carilembu > 2020-02-04 12:36 | Report Abuse

tunggu 1.5

Posted by RainT > 2020-02-11 09:52 | Report Abuse

cheap but share price can go up bo?

what good prospect of AFFIN that can push the share price up ?

Posted by lilychan > 2020-02-12 16:01 | Report Abuse

wuhan virus banking sector hit hard...bank let people delay payment installment half years