Posted by shortinvestor77 > 2022-02-01 11:48 | Report Abuse

https://www.klsescreener.com/v2/news/view/944943/some-analysts-warn-of-long-term-impact-lower-roe-on-affin-bank-s-asset-management-firm-sale

Posted by firehawk > 2022-02-03 14:57 | Report Abuse

TheContrarian If drop to 1.62, will buy again.
31/01/2022 12:46 PM
~~~~~~~~~~~~~~~~~~~~~~

if so happens .... don;t forget to delete yr posts that bot at higher price!

Posted by TheContrarian > 2022-02-03 17:31 | Report Abuse

Last price sold 2.05, bought back first batch at 1.80, second batch at 1.77.

Posted by firehawk > 2022-02-07 16:34 | Report Abuse

how many posts have you deleted?

Posted by TheContrarian > 2022-02-09 09:53 | Report Abuse

Go, go, go Affin.

Posted by ivan9511 > 2022-02-10 15:16 | Report Abuse

@Posted by TheContrarian
Hi TheContraria
Thanks for the Affin comment
Yes for me only Affin and mbsb is undervalue
Other banks very expensive
Affin last time mco in about 1.50 good price
Btw TheContraria now
Gloves also damn cheap
If you like long term
I recommend supermax kossan comfort rubber
I feel gloves can survive anyway
And some plantation counter also can for long term
And homeriz also can see seer

Posted by TheContrarian > 2022-02-10 15:54 | Report Abuse

@ivan9511, happy CNY and best wishes to your stock selections.

Posted by ivan9511 > 2022-02-10 17:42 | Report Abuse

@903 posts
Posted by TheContrarian > Feb 10, 2022 3:54 PM | Report Abuse

@ thanks for your comments
And you too.
I know you in many undervalue company like MAa
All the best

Posted by firehawk > 2022-02-10 18:01 | Report Abuse

delete the NG posts, leave only the good posts .... then people will praise :-)

Posted by kevinobc > 2022-02-11 09:21 | Report Abuse

https://www.malaymail.com/news/money/2022/02/11/wall-street-ends-down-sharply-on-fears-of-aggressive-fed-rate-hikes/2040859

Posted by kevinobc > 2022-02-14 12:06 | Report Abuse

https://www.malaymail.com/news/money/2022/02/14/ihs-markit-malaysias-banking-sector-outlook-stable-for-2022/2041468

Posted by TheContrarian > 2022-02-28 19:51 | Report Abuse

QR out, 12.5 sen dividend.

Posted by 10bagger10 > 2022-02-28 20:12 | Report Abuse

Congratulations

Posted by yokemui > 2022-02-28 22:36 | Report Abuse

What is the ex date for this dividend?

Posted by TheContrarian > 2022-02-28 22:57 | Report Abuse

As this is a final dividend, it will be paid after AGM.

Posted by TheContrarian > 2022-02-28 23:22 | Report Abuse

The proposed disinvestment of Affin Hwang Asset Management for RM1.417 billion which will result in RM1.055 billion disposal gain will enhance EPS further by approximately 50 sen for year ending 31/12/2022.

Posted by 10bagger10 > 2022-03-01 11:22 | Report Abuse

Thecontrarian is it time to buy more?

Posted by TheContrarian > 2022-03-01 11:47 | Report Abuse

I never buy during price uptrend.

Posted by soon2795 > 2022-03-03 09:59 | Report Abuse

Affin declaring 12.5sen per share for dividend. https://www.youtube.com/watch?v=-G2CfsDzecg

Posted by whtan58 > 2022-03-03 13:37 | Report Abuse

careful with facebook and telegram group name GI*, many times they gave buy call and a lot people loss money because of their slow service and noticing, Affin is one of their target now so dear investors please be smart..

Posted by TheContrarian > 2022-03-10 19:55 | Report Abuse

Very hard for Affin to climb up due to heavy selling by LTAT daily.

Posted by Earthtime > 2022-03-19 19:21 | Report Abuse

When is the ex-date for dividend?

Posted by prudentinvestor > 2022-03-21 10:35 | Report Abuse

NTA is RM4.66, now trading at less than half its NTA. If the company was to be put up for sale, its major shareholders would demand at least RM5 a share.

Posted by Earthtime > 2022-03-21 10:49 | Report Abuse

Very undervalued share. Buy n keep..

Posted by lsv1977final > 2022-03-28 10:22 | Report Abuse

LTAT keep selling, how?

Posted by lsv1977final > 2022-03-28 10:30 | Report Abuse

Affin Bank is controlled by LTAT, our army and police pension fund.

Posted by lsv1977final > 2022-03-28 10:30 | Report Abuse

The boss LTAT is selling

Posted by lsv1977final > 2022-03-28 10:30 | Report Abuse

we still buy in?

Posted by Yolo1234 > 2022-03-28 16:14 | Report Abuse

hi lsv, LTAT started selling when the price was RM1.6++, (before the first surge to RM1.9++ on Jan 2022). my view is that with dividend of 12.5 sen + sale of Affin Hwang AM, target price of RM3 (or at least RM2.5) is achievable before share price decrease again due to lower profit at subsequent quarters.

https://www.nst.com.my/business/2022/02/768569/buy-call-kept-affin-bank%C2%A0

Posted by TheContrarian > 2022-03-28 18:02 | Report Abuse

Looks like LTAT's selling of Affin is over.

Posted by Kon Lim Chai > 2022-03-28 18:17 | Report Abuse

Who has been collecting? A New Major shareholder could have entered.

Posted by Kon Lim Chai > 2022-03-28 18:21 | Report Abuse

The purchaser is willing to pay higher prices. Keep it up!

Posted by TheContrarian > 2022-03-28 20:54 | Report Abuse

90% of Affin is in the hands of the top 30 shareholders. If LTAT cease selling the price can move up fast.

Posted by prudentinvestor > 2022-03-28 21:14 | Report Abuse

Start of a mini rally. Should easily surpass RM2 tomorrow.

Posted by TheContrarian > 2022-03-29 18:07 | Report Abuse

Nice closing today.

Posted by TheContrarian > 2022-03-30 09:37 | Report Abuse

Go, go, go Affin.

Posted by aklobi > 2022-03-30 14:58 | Report Abuse

This bank is by all standards a great bargain..

Posted by TheContrarian > 2022-03-31 08:54 | Report Abuse

Yes, a bargain but weak major shareholders.

Posted by awesome20 > 2022-03-31 18:22 | Report Abuse

agreed. similar to ABMB

Posted by TheContrarian > 2022-04-01 19:39 | Report Abuse

Affin has made announcement that it will be buying its shares from the open market to give as incentive reward to key management personnel.

Posted by Yolo1234 > 2022-04-01 21:15 | Report Abuse

Nice, all these will be catalysts for higher TP. instead of RM2.5 or RM3, the new expectation should RM3.5 and RM4

Posted by TheContrarian > 2022-04-01 21:32 | Report Abuse

Also LTAT appears to have ceased selling down.

Posted by treasurehunt > 2022-04-05 12:46 | Report Abuse

Recovery play!

Posted by smartmove100 > 2022-04-06 14:04 | Report Abuse

all set for strong rebound..

Posted by VincentTang > 2022-04-06 14:32 | Report Abuse

9 Banks Asked To Write Off RM 7.6 Billion Sapura Energy Debts Which Is More Than All The Combined Profits Of All Bank In Malaysia & 3 Times Higher Than Genting HK Loses At RM 2.5 Billion

https://thecoverage.my/9-banks-asked-to-write-off-rm-7-6-billion-sapura-energy-debts/

Posted by smartmove100 > 2022-04-06 16:57 | Report Abuse

no effect, business as usual..

Posted by Kon Lim Chai > 2022-04-08 07:59 | Report Abuse

I hope the armed forces that own Affin bank will not shoot down and bombed those guys that suggest Affin bank should not get back the money

Posted by stockraider > 2022-04-08 08:25 | Report Abuse

As mentioned earlier all the banks will get back some of the loan money on sapnrg restructuring loh!

The quantum indicative hair cut is 75%.....but i think the banks will settle for hair cuts between 30% to 50% loh!

As almost all the loans given to sapnrg are fully provided for losses.....the banks will get positive profit results should the loan is restructured mah!

On the other hand sapnrg should able to gain rm 3b to rm 5b, that will mean 17 sen to 29 sen in write back concession from the bank....still very sizable gain although they mentioned they wanted 7.5b or 44 sen hair cuts loh!

A win win situation for all mah!

Posted by cicakman > 2022-04-12 18:39 | Report Abuse

PMCORP & NETX KAKI'S
SELLING SAPURA.

Posted by cicakman > 2022-04-12 18:41 | Report Abuse

Margin of Safety...reallly jokes.