Posted by TheContrarian > 2 weeks ago | Report Abuse

Forum here so quiet. Where have everyone gone?

Posted by TheContrarian > 2 weeks ago | Report Abuse

Yesterday Affin closed 4 sen higher, today another 4 sen higher. Will tomorrow see another 4 sen gain?

Posted by TheContrarian > 2 weeks ago | Report Abuse

Monday Affin closed 4 sen higher, yesterday closed another 4 sen higher, today 6 sen higher.

Posted by turbochart > 2 weeks ago | Report Abuse

TheContraman, I give you a like!!😀

Posted by TheContrarian > 2 weeks ago | Report Abuse

Terima kasih

Posted by TheContrarian > 2 weeks ago | Report Abuse

A gem oft overlooked, a stock unpraised,
Affin, undervalued, its worth unrazed.
But tides are turning, a shift in the air,
Affin's share price, poised to declare.

From shadows of doubt, it starts to ascend,
A beacon of hope, a trend to transcend.
Investors awaken, their eyes now see,
The potential within, wild and free.

With every tick up, a whisper of cheer,
Affin's ascent, dispelling all fear.
A journey of growth, a story untold,
A tale of resilience, a future bold.

Posted by TheContrarian > 2 weeks ago | Report Abuse

Affin closed 4 sen up on Monday, another 4 sen up on Tuesday and 6 sen up today. Tomorrow will Affin close another 6 sen up?

Posted by TheContrarian > 2 weeks ago | Report Abuse

Several people recently boldly said that Affin will crash to RM2, hahaha 🤣🤣🤣

Posted by Dehcomic01 > 1 week ago | Report Abuse

Affin – will a change of shareholders improve performance

The performance of Bursa banking group Affin over the past 12 year was nothing to shout about. Its performance, measured against a panel of 10 Bursa Malaysia banks, is below the sector median across key metrics such as returns, efficiency, and loan performance. However, it has improved its capital adequacy ratio.

But I would not consider Affin is a value trap as it remains profitable with a margin of safety over 30% based on the asset value. However, it lacks a sufficient margin of safety under the earnings value.

The Sarawak State Government has recently acquired a substantial stake in the bank. There is hope that the state would divert its funds to Affin thereby improving its deposits and hopefully grow its loans. But if the challenge is efficiency and loan performance, I am not sure whether there would be a quantum leap in performance. For more insights refer to page 20 of INVEST

https://notice.shareinvestor.com/email/newsletter/invest/pdf/Vol229-Invest-18Oct.pdf
 

Posted by TheContrarian > 1 week ago | Report Abuse

Go, go, go Affin.