Posted by kitmanworld > 2022-11-17 09:15 | Report Abuse

Thanks @Aklobi and TheContrarian

Posted by Peace99 > 2022-11-17 10:07 | Report Abuse

@TheContrarian @durian_jatuh Thanks alot. My Affin is in a cds direct account, and i have used tiih.online before. Also have a Bursa Anywhere account. Dont want to miss the DRP as the discount is big :)

@aklobi For my shares in Public Bank, I also go through the broker. But my Affin is in a direct account, the "broker" doesn't do it.
Have a nice day, everyone!

Posted by stock > 2022-11-25 12:52 | Report Abuse

how much is the expected dividend payout % ? is it based of price at ex-date at 30th November. It says RM 0.1809+0.0453 = RM 0.23. If Affin price is RM 2.45 at 30/11/22, so dividend is around RM 0.23/RM 2.45 = 9 %.

am i correct?

Posted by aklobi > 2022-11-25 13:02 | Report Abuse

Good Morning Affinians! Such a lovely day!

Posted by Nepo > 2022-11-25 18:01 | Report Abuse

Actually latest results not good
Too much bad debt impairment loss

Posted by 10bagger10 > 2022-11-25 18:11 | Report Abuse

Impairment is good ma

Posted by TheContrarian > 2022-11-25 18:40 | Report Abuse

Yes, impairment is good indeed. Next quarter can write back the impairment.

Posted by nsyeik142857 > 2022-11-26 18:42 | Report Abuse

Continuing operation Earning per share lost about 8.99 Sen, asset disposed Earning per share about 49.53 Sen. Net earning per share 49.53 - 8.99 = 40.54

Posted by TheContrarian > 2022-11-26 20:23 | Report Abuse

Tuesday everyone sell Affin.

Posted by aklobi > 2022-11-28 03:30 | Report Abuse

@TheContrarian: not so fast. Did you forget the entrance of Affin into MCSI index on 30 Nov? There will be hungry buyers for those sellers.

Posted by TheContrarian > 2022-11-28 09:47 | Report Abuse

@aklobi, thanks for reminding me.

Posted by Markv572421 > 2022-11-28 10:44 | Report Abuse

Neve mind i keep un til met my target RM 6-7 ringgit value

Posted by aklobi > 2022-11-28 16:06 | Report Abuse

According to Bloomberg, among seven analysts who track Affin Bank, six have a "buy" call on the stock, while one gives a "hold" recommendation, with an average 12-month target price of RM2.64.
In other words, we are no where near the target yet.

Posted by stockraider > 2022-11-29 09:38 | Report Abuse

Buylah.....surewin mah!

Posted by stockraider > 2022-11-29 09:41 | Report Abuse

Actually the sustainable div yield should be says 14 sen div going fwd & the ex price for affin after div of 23 sen is rm 2.28.....thus give div yield of 6.1% pa loh!

Posted by Nepo > 2022-11-29 10:14 | Report Abuse

can sell already
i disembark RM 2.50
value reflected

Posted by TheContrarian > 2022-11-29 12:45 | Report Abuse

Sold my remaining Affin at 2.50, thank you for the gains.

Posted by aklobi > 2022-11-29 12:56 | Report Abuse

Just a reminder, Affin will be added to MSCI Index 30th Nov. The REAL journey hasn't started yet.

MSCI Indexes have the power to change the market. When an index is rebalanced, all the ETFs and mutual funds that track it must buy and sell the same stocks. Stocks that are added to the index usually find their share prices rising. The opposite happens to stocks that are dropped from an index.

Posted by TheContrarian > 2022-11-29 12:57 | Report Abuse

Good luck to you aklobi.

Posted by aklobi > 2022-11-29 13:07 | Report Abuse

Thanks TheContrarian, today new target price by RHB: 2.80.

Posted by Markv572421 > 2022-11-30 09:19 | Report Abuse

ini EPF bikin kacau saja .....

Posted by aklobi > 2022-11-30 14:01 | Report Abuse

@Marks, please explain

Posted by TheContrarian > 2022-11-30 15:43 | Report Abuse

Mark is trying to say EPF is selling down.

Posted by Markv572421 > 2022-12-01 09:20 |

Post removed.Why?

Posted by Markv572421 > 2022-12-01 09:20 | Report Abuse

Still keep ?

Posted by Nepo > 2022-12-02 10:22 | Report Abuse

I believe the bottom is somewhere around RM 1.9x-RM2.0x

Posted by imbravo > 2022-12-02 14:46 | Report Abuse

2.0 good to buy

Posted by sg999 > 2022-12-02 20:17 | Report Abuse

1.5 coming.

Posted by aklobi > 2022-12-03 00:59 | Report Abuse

Pe ratio 3.21 +
Added to MCSI Index +
Average target price above 2.60
= Stock extremely undervalued

Posted by Eric Fong > 2022-12-04 15:13 | Report Abuse

Might reach tp3.30

Posted by aklobi > 2022-12-05 13:27 | Report Abuse

Congrats Affinians, DRP price is RM1.85, average target price above RM2.60. Price difference RM0.80.

Posted by jguy > 2022-12-05 20:09 | Report Abuse

Mr @aklobi , for the share option, which option is better, do nothing and take the cash, or opt in for the DRP program?

Posted by aklobi > 2022-12-06 10:08 | Report Abuse

@Jguy, DRP of course. But only a portion of the cash can be used for DRP, tye rest will be cash.

Posted by aklobi > 2022-12-08 16:51 | Report Abuse

Affin is a different kind of beast since beginning of Dec 2022. Last DRP, it plunged to RM1.87 (even with special dividend approaching). This DRP (only 3 months later- NO SPECIAL DIVIDEND APPROACHING) won't go below RM2.03. Key word: MCSI.

Posted by Markv572421 > 2022-12-14 11:18 | Report Abuse

what da heck laa affin bank.... dropp ????

Posted by troy88 > 2022-12-14 12:11 | Report Abuse

after taking big dividend investors cabut?

Posted by TheContrarian > 2022-12-14 12:24 | Report Abuse

Bought back Affin at 2.01.

Posted by aklobi > 2022-12-14 15:56 | Report Abuse

I don't mind Affin going lower so I can purchase more with the left over cash divs

Posted by TheContrarian > 2022-12-14 18:31 | Report Abuse

If Affin goes lower I will definitely buy more.

Posted by ZenSen > 2022-12-14 22:34 | Report Abuse

yesterday bought 10,000 shares at RM2.05

Posted by Nepo > 2022-12-15 11:43 | Report Abuse

I not buy..
stay aside for the time being..

Posted by xiiaodi > 2022-12-16 09:36 | Report Abuse

Affin Bank Bhd has inked a business transfer agreement (BTA) to merge its general insurance business in Malaysia under AXA Affin General Insurance Bhd or AAGI with Generali Asia NV's, which will result in Affin Bank holding a 30% stake in the enlarged insurance company, with Generali controlling the remaining 70%.

Posted by xiiaodi > 2022-12-16 09:38 | Report Abuse

The agreement comes after Affin Bank completes the partial disposals of its equity interests in the joint ventures AXA Affin Life Insurance (AALI) and AAGI to Generali, which acquired a 70% stake in the former (49% from AXA and 21% from Affin Bank) and 53% in the latter (49.99% from AXA and 2.95% from Affin Bank).

Posted by aklobi > 2022-12-19 18:32 | Report Abuse

I am patiently waiting to increase my holding. Wish i had bought alot more when it hit 1.30 range

Posted by TheContrarian > 2022-12-19 21:09 | Report Abuse

Strong support at 2.00.

Posted by aklobi > 2022-12-21 11:06 | Report Abuse

Being as moderate as possible, EVERYONE please list your highest predicted price Affin might touch in the NEXT 52 weeks.
Mine, I would say 2.99

Posted by troy88 > 2022-12-21 11:20 | Report Abuse

seems like reversal of downtrend has started. Should slowly climb back up..

Posted by seekingsuan > 2022-12-21 19:21 | Report Abuse

开始要上

Posted by VTrade > 2022-12-21 20:18 | Report Abuse

Menangis nanti

Posted by TheContrarian > 2022-12-27 17:49 | Report Abuse

EPF doesn't wait for 30 December and have been selling their shares in hand first.