AFFIN BANK BERHAD

KLSE (MYR): AFFIN (5185)

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Last Price

2.96

Today's Change

+0.07 (2.42%)

Day's Change

2.89 - 2.97

Trading Volume

3,350,500


4 people like this.

4,111 comment(s). Last comment by nisah395 2 days ago

aklobi

316 posts

Posted by aklobi > 2020-07-23 18:32 | Report Abuse

So many doom and gloom scarecrows here. I am AN INVESTOR. Meaning I DONT CARE IF THE STOCK GOES DOWN. And yes, I am considering BUYING again.

Maybank8

26 posts

Posted by Maybank8 > 2020-07-24 09:53 | Report Abuse

Run by crook staffs so cheap?

Maybank8

26 posts

Posted by Maybank8 > 2020-07-24 09:54 | Report Abuse

Next round bank merger Affin pls close shop.

Maybank8

26 posts

Posted by Maybank8 > 2020-07-24 09:57 | Report Abuse

TG RM 100 cheat kids?

Vloomverk

24 posts

Posted by Vloomverk > 2020-08-05 12:37 | Report Abuse

all so berani when the bank's rating is downgraded by RAM

newbie5354_

1,303 posts

Posted by newbie5354_ > 2020-08-15 05:39 | Report Abuse

Why LTAT sold? Bank money used to pump gloves stocks?

RedEagle

3,194 posts

Posted by RedEagle > 2020-08-18 20:44 | Report Abuse

QR announcement why so late? Lower profit due to Modification Loss?

RedEagle

3,194 posts

Posted by RedEagle > 2020-08-23 13:34 | Report Abuse

Jack Ma once said, 'When Selling to close friends and family, no matter how much you're selling to them, they will always feel you're earning their money, no matter how cheap you sell to them, they still wouldn't appreciate it.'
There will always be people who do not care about your Costs, Time, Effort, they rather let other people cheat them, allowing others to earn, then supporting someone they know. Cause in their heart, they will always be thinking, 'How much did he earn from me?' instead of "How much did he SAVE/MAKE for me?"This is a classic example of a poor person's mentality!

Jack Ma on Sales: 'When doing Sales, the first people who will trust you will be Strangers, Friends will be shielding against you, fair-weather friends will distance from you. Family will look down upon you.'

The day you finally succeed, paying the bill for every get-together dinner, entertainment, you will realised: Everyone else is present except the Strangers.

michaeso

85 posts

Posted by michaeso > 2020-08-23 20:22 | Report Abuse

Good

michaeso

85 posts

Posted by michaeso > 2020-08-23 20:23 | Report Abuse

Good buy

michaeso

85 posts

Posted by michaeso > 2020-08-23 20:23 | Report Abuse

Can buy

TheContrarian

9,497 posts

Posted by TheContrarian > 2020-08-26 19:16 | Report Abuse

Bought more Affin at 1.46 today.

Posted by Liewkl198 > 2020-09-01 10:14 | Report Abuse

Good

aklobi

316 posts

Posted by aklobi > 2020-09-03 15:29 | Report Abuse

TheContrarian.. Has the share price absorbed the possibility of lowering interest rates next week or might it fall further?

ivan9511

3,854 posts

Posted by ivan9511 > 2020-09-04 15:13 | Report Abuse

Follow Sifu thecontrarian in Affin now.
Now sifu thecontrarian one 90% can earn money example mnrb mlab osk all cantik best of the best.
And remember Tropicana now only 86.5sen but Tropicana this time results best of the best
High revenue and nta
As we know many good company property's this time results no good
But if you compare Trop results we will know Ko many many good company
Even ioi simepro uems sp mkh cresdo plent pmc mkl bjc lbs and many many all eps can no fight Trop
Trop as I personally feel like Affin and Ambank on Bank sector must try to look

ivan9511

3,854 posts

Posted by ivan9511 > 2020-09-04 15:20 | Report Abuse

Besides Tropicana another you can see ioip this is second best after Tropicana

aklobi

316 posts

Posted by aklobi > 2020-09-04 15:43 | Report Abuse

Bought today 1.45

TheContrarian

9,497 posts

Posted by TheContrarian > 2020-09-04 19:26 | Report Abuse

aklobi, Affin will be issuing dividend in the form of shares at issued price of 1.36 in lieu of cash to shareholders and some of these shareholders are selling now for the extra 9-10 sen. Note that EPF has been accumulating Affin shares recently. Whether interest rate comes down or goes up banks will always make money. I was trying to buy at 1.44 today but not done.

TheContrarian

9,497 posts

Posted by TheContrarian > 2020-09-04 19:30 | Report Abuse

ivan9511, have been taking profits on MNRB this week, still have balance to sell next week if price continues to go up.

aklobi

316 posts

Posted by aklobi > 2020-09-04 20:38 | Report Abuse

TheContrarian, I initially put order to buy at 1.41 just in case but changed it last minute when I saw the price stable to 1.45.

TheContrarian

9,497 posts

Posted by TheContrarian > 2020-09-04 22:07 | Report Abuse

Price stable probably because EPF accumulating. Some weak shareholders are selling and hopefully the selling dries up soon. I will try to buy at 1.45 on Monday.

Moratorium

213 posts

Posted by Moratorium > 2020-09-06 11:59 | Report Abuse

Hi Contrarian, seems like we have almost similar pickings. I also have MNRB and Affin...

TheContrarian

9,497 posts

Posted by TheContrarian > 2020-09-06 13:13 | Report Abuse

Both Affin and MNRB are low P/E, high NTA, cannot lose money if you buy at deep discount. I was earlier accumulating MNRB from 69.5 sen until 83 sen, now I am taking profit on MNRB and using the proceeds to accumulate Affin.

Moratorium

213 posts

Posted by Moratorium > 2020-09-06 17:36 | Report Abuse

I think MNRB can go higher, will decide after the AGM... Wait and see now, maybe next month is a good time to buy banks. See how after the moratorium ended

ivan9511

3,854 posts

Posted by ivan9511 > 2020-09-07 13:30 | Report Abuse

People who buy mnrb and Affin at lowest is best of the best traders here all sifu
Because now goreng mode is over like Mlab mui pm all goreng done over now what ?
Of course look back to super power defend good company like example: Affin Mbsb Trop ioi cintek Taan Wangzng Slp OSK Sime Ambank Bimb tenaga Gasm HlF Hlb hupseng biscuits, litrak Ksl Asiapac Mkland toto .
I MENTIONED ABOVE ALL PRICE IS NEAR LO WEST
MBSB AFFIN OSK TROPICANA BIG 4 MUST TRY TO SEE AND CHECK AGAIN

TheContrarian

9,497 posts

Posted by TheContrarian > 2020-09-07 18:55 | Report Abuse

Bought Affin at 1.44 today.

sharewiz118

1,880 posts

Posted by sharewiz118 > 2020-09-09 11:53 | Report Abuse

drop to RM 1.42 today LoL

aklobi

316 posts

Posted by aklobi > 2020-09-09 15:35 | Report Abuse

Will buy again if goes below 1.40

TheContrarian

9,497 posts

Posted by TheContrarian > 2020-09-10 16:12 | Report Abuse

Bought Affin at 1.41.

Posted by BursaSentinel20 > 2020-09-14 11:24 | Report Abuse

Hopeless bank. 3-4% ROE expected in the coming years. The bank might as well just sack everyone and liquidate everything and just buy bonds might get better ROE.

maimunah

108 posts

Posted by maimunah > 2020-10-01 11:50 | Report Abuse

The banking industry is cognisant that while the economy is recovering, many borrowers/customers may still be finding their footing and reorienting themselves amid new realities and uncertainties.

maimunah

108 posts

Posted by maimunah > 2020-10-01 11:50 | Report Abuse

If repayment obligations become a challenge in the coming months, borrowers/customers can be assured that the window to discuss alternative repayment arrangements will remain open

soonheng

203 posts

Posted by soonheng > 2020-10-20 12:09 | Report Abuse

Affin Hwang Asset Management Bhd (Affin Hwang AM) has launched the Affin Hwang World Series — Global Disruptive Innovation Fund.

soonheng

203 posts

Posted by soonheng > 2020-10-20 12:09 | Report Abuse

Affin Hwang AM said the fund is a wholesale feeder growth fund that provides access to vast growth opportunities created by disruptive innovations

soonheng

203 posts

Posted by soonheng > 2020-10-20 12:10 | Report Abuse

the fund will feed into a collective investment scheme, namely the Nikko AM ARK Disruptive Innovation Fund (the target fund) which is managed by Nikko Asset Management (the target fund manager).

soonheng

203 posts

Posted by soonheng > 2020-10-20 12:10 | Report Abuse

to achieve its investment objective, the fund will invest a minimum of 80% of the fund’s net asset value (NAV) into the target fund and a maximum of 20% of the fund’s NAV into money market instruments, deposits and/or cash.

soonheng

203 posts

Posted by soonheng > 2020-10-20 12:11 | Report Abuse

Affin Hwang AM chief marketing and distribution officer Chan Ai Mei said unlike other generic technology funds available in the market, the newly launched Affin Hwang World Series — Global Disruptive Innovation Fund will allow investors to truly participate in cutting-edge innovations that could potentially change the way the world works.
These include high-conviction ideas in the areas of robotics, artificial intelligence (AI), DNA sequencing, energy storage and blockchain

soonheng

203 posts

Posted by soonheng > 2020-10-20 12:11 | Report Abuse

With advances in science and technology happening every day at an accelerated pace, the fund offers a timely avenue for investors to tap into the leaders, enablers and beneficiaries of such disruptive innovations

陈国荣

10 posts

Posted by 陈国荣 > 2020-10-21 14:21 | Report Abuse

2019 April bought 2000 shares, cost around Rm2.14. sold couple weeks ago. Lose 1k++.....

onionchong

430 posts

Posted by onionchong > 2020-10-21 14:28 | Report Abuse

stupid company, weak management

xing

57 posts

Posted by xing > 2020-10-28 11:39 | Report Abuse

Recent sharp increase in infection rates onshore may require longer-than-expected restrictions to flatten the curve.With the next BNM policy meeting likely to be only in January 2021, expect the central bank to provide additional monetary support now rather than later

aklobi

316 posts

Posted by aklobi > 2020-11-13 14:18 | Report Abuse

Whats going on with Affin?

TheContrarian

9,497 posts

Posted by TheContrarian > 2020-11-13 22:56 | Report Abuse

Bank rally this week. Affin has new logo.

aklobi

316 posts

Posted by aklobi > 2020-11-16 14:35 | Report Abuse

Where did all the gloomers and doomers go?

Archer

34 posts

Posted by Archer > 2020-11-16 14:59 | Report Abuse

Still a laggard banking stock. Another one is osk, good exposure to banking sector although the boss is cunning.

gohkimhock

3,129 posts

Posted by gohkimhock > 2020-11-16 17:41 | Report Abuse

This is one of the undervalued banking stock. Overall, the group is very well-managed. thumbs up.

TheContrarian

9,497 posts

Posted by TheContrarian > 2020-11-17 20:15 | Report Abuse

Archer, OSK is a property counter with exposure to RHB Bank.

Archer

34 posts

Posted by Archer > 2020-11-17 23:47 | Report Abuse

TheContrarian@ Yes, it is.

Outliar

302 posts

Posted by Outliar > 2020-11-19 20:41 | Report Abuse

Sifu gohkimhock much respect to your longstanding value investing principles but are you sure affin bank is one of them? I’m more inclined to think it’s similar to your haio pick and look how that turned out.

gohkimhock

3,129 posts

Posted by gohkimhock > 2020-11-19 22:04 | Report Abuse

my Haio pick was before the boom of e-commerce. That time only have Lelong. Once I see the emergence of Lazada and 11 street (now no more), I have sold off all Haio.

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