KLSE (MYR): ABMB (2488)
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Last Price
4.79
Today's Change
0.00 (0.00%)
Day's Change
4.79 - 4.80
Trading Volume
1,012,900
Date | Old | New | View |
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Alliance Bank is the smallest Bursa Malaysia bank. While smaller than Affin Bank, its performance as measured by the ROE is far better than that of Affin. https://www.youtube.com/watch?v=4W7Lnw_hT0w
When you look at the ROE trend of Alliance, you can see that it had recovered from the Covid-19 years and overtaken its pre-Covid-19 peak But the market price has yet to reflect the better performance. https://i.postimg.cc/fyVxJQ5N/Alliance-bank.png
Does the market know something that I don’t or it it merely being irrational?
2024-02-13 08:26
It used to be 2nd smallest, but since affin bank in the news, esp with sarawak acquisition, the share price has rallied, when i started investing in bursa last year, i wanted exposure to banking sector, so i chose 1 big bank and 1 small bank, for big bank i chose public as it is a safe option with very good ROE but valuation is higher but still reasonable, for small bank, it was between affin and ABMB, for me ABMB is the obvious choice, cos AFFIN prev majority shareholder is LTAT, they have 4 main ventures, AFFIN, BPLANT, PHARMA and BHIC, the latter 2 is PN17, 1 needed bailout from gov, the other has monopoly on medicine supply to KKM but still cant be profitable #onlyinmsia, 1 ady sold to LTAT after some issues with KLK, so LTAT dont have the best track record, ABMB undemanding valuation, good dividend yield of ~6%, focus on future SME and green financing, and decent management was the choice for me. The thing about MY banks is they are very safe, therefore cant expect too much growth, but still decent returns, i believe once the hype with affin is over, funds might turn their attention to ABMB, provided they can show good results
2024-02-13 22:22
Anyone has info why ABMB falling so much compare to other banks and Financial sector
2024-03-20 15:07
30 Nov 2022 closing was RM3.87.
Maybe what he meant falling so much is actually mean ABMB is lagging behind other banks in terms of share price.
2024-04-05 22:28
Chart uptrend with share price above all SMA20, SMA50, SMA200. SMA is Simple Moving Average.
2024-05-30 14:36
Wow, well done. Nice dividend. Glad I am still keeping this underrated bank stock
2024-05-30 15:32
ABMB is a laggard stock despite exceptionally good results reported. At this rate, it is expected to drift lower due to selling pressure.
2024-06-05 14:04
Can this small bank survive in this more competitive market? With the emergence of the digital banks?
2024-07-02 06:30
Nice, touched 4.50 as predicted. More to come. Many investors ignored this underrated bank stock with such good dividend yield when it was cheap couple of months ago.
2024-08-21 09:32
ABMB: Ready to Soar or Due for a Pullback?
https://klse.i3investor.com/web/blog/detail/bestStocks/2024-09-11-story-h468382318-ABMB_Ready_to_Soar_or_Due_for_a_Pullback
2024-09-11 08:09
5 Key Strategies for Successful Investing in Malaysia - KingKKK
https://klse.i3investor.com/web/blog/detail/bestStocks/2024-10-27-story-h472787455-5_Key_Strategies_for_Successful_Investing_in_Malaysia_KingKKK
1 month ago
2024-11-11
Price Target
Alliance Bank Malaysia - Possible DBS Entry- the Evolutionary Next Stage? BUY
Source : RHB-OSK, Price Call : BUY, Price Target : 5.50
Last Price : 4.87, Upside/Downside : +0.63(12.94%)
1 month ago
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NASDAQ Composite
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1 month ago
DBS is a powerhouse bank in Asia and my biggest bank holding in my portfolio. I'd be delighted if DBS can buy a big stake in ABMB and power it to new heights!
1 month ago
2488 ABMB, ALLIANCE BANK MALAYSIA BERHAD - +
Changes in Sub. S-hldr s Int (Section 138 of CA 2016)
15 Nov 2024, 07:00
Particular of Substantial Shareholder
Name EMPLOYEES PROVIDENT FUND BOARD
Address 5th Floor, EPF Tower, No 1, Persiaran Kwasa Utama, 40150 Shah Alam Selangor
Malaysia
NRIC/Passport No/Company No EPF ACT 1991
Nationality/Country of Incorporation Malaysia
Descriptions (Class & Nominal Value) Ordinary Shares
Name & Address of Registered Holder You are advised to read the entire contents of the announcement or
attachment. To read the entire contents of the announcement or attachment,
please access the Bursa website at http://www.bursamalaysia.com
Change Detail
Change Date 13 Nov 2024
Change Reason
Disposed
Nature of Interest 118996993
Transaction Detail
Transaction Type Date of Change No of Securities Price Transacted (RM)
Disposed 12 Nov 2024 518,000 0.000
No of Securities after Change
Direct Interest (units) 118,996,993
Direct Interest (%) 7.687
Total Share after Change 118,996,993
Remarks You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
N202411153600095EN
1 month ago
US Fed meeting LIVE Updates: US central bank likely to slow its rate cuts, dollar strong ahead of meeting
2 hours ago
myongcc5
HAPPY NEW YEAR TO ABMB SHolders.
2023-12-29 17:07