AFFIN (5185): Financial Annual Results (Unaudited)

In Sarawak's heart, where rivers flow,
A leader's hand, a steady show.
Abang Jo, a name renowned,
Affin's shares, now firmly bound.

With wisdom gained and experience keen,
A corporate realm, a vibrant scene.
A takeover, a strategic move,
A future bright, for all to groove.

Though challenges lie ahead, it's true,
Abang Jo's guidance, will see it through.
Affin's shares, a promising sight,
A beacon of hope, shining bright.

2 months ago

Shorted and scorned, a fallen star,
Affin's worth, concealed so far.
But in the depths, a spark ignites,
A phoenix rising, shining bright.

With every doubt, a strength grows deep,
A silent force, a future's keep.
The market's game, a fickle test,
But Affin's spirit, stands the best.

A day will dawn, a tide will turn,
The short-sellers' schemes will burn.
Affin's ascent, a glorious sight,
A beacon of hope, shining bright.

2 months ago

LubeTrader

😄

2 months ago

Jonathan Keung

A good one Mr contratrian

2 months ago

Eagle77

Awaiting at 2.00 ⬇️🩸

2 months ago

Once scorned and shunned, a stock so low,
Affin, undervalued, a painful blow.
Short sellers flocked, their bets were made,
A downward spiral, a fearful trade.

But tides can turn, markets can mend,
Affin's worth, it starts to ascend.
Rumors spread, a catalyst's gleam,
Short sellers panic, their profits scream.

Buybacks begin, a hasty retreat,
The downward spiral, a painful defeat.
The tables turn, the tide has swayed,
Affin's value, no longer delayed.

2 months ago

Beneath the skies of Sarawak's grace,
A leader stands, with wisdom's trace.
Abang Jo, a name renowned and bright,
Will guide Affin towards a shining light.

With steadfast hand and heart of gold,
He'll steer the bank, a tale untold.
Affin's future, secure and grand,
Under his guidance, across the land.

The share price, a soaring bird, will fly,
As trust and confidence multiply.
Investors' faith, a beacon's gleam,
Will fuel Affin's prosperous dream.

2 months ago

Forum here so quiet. Where have everyone gone?

2 months ago

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

2 months ago

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

2 months ago

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.

2 months ago

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?

2 months ago

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

2 months ago

Dehcomic01

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

2 months ago

Go, go, go Affin.

2 months ago

Ny036

Any dividend will declare this or next month?

1 month ago

Ambank already above RM5, Affin still below RM3

1 month ago

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1 month ago

Amazing

AFFIN,,,, GOOD BUY !!!

1 month ago

loribalak

Careful guys. Must look at the quality of the profits. If profitability is maintained by reversing provisions instead of the normal course of business... then it is bad news

1 month ago

After having sold at RM3.00 end of October, it's time to buy back tomorrow.

1 month ago

aklobi

Overbought, speculative, price not justified, waiting for RM2 or around

1 month ago

loribalak

Yes RM2 would be a good buy. It will take quite a while for Sarawak to clean up Affin

1 month ago

QR out

1 month ago

KingKKK

AFFIN: Strong Q3, Intrinsic Value RM3.03

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-11-22-story-h474754653-AFFIN_Strong_Q3_Intrinsic_Value_RM3_03

1 month ago

Steve Lomas

When will AFFIN declare dividend?

1 month ago

The bank's revenue for the quarter increased by 22.44% year-on-year to RM612.77mil.

PETALING JAYA: Affin Bank Bhd expects the overall outlook for the domestic banking sector to remain favourable for the remainder of 2024 supported by steady loan and financial growth as well as stable asset quality.

In a filing with Bursa Malaysia, the banking group warned competition for deposits is expected to persist and intensify towards the end of the year, which may have implications on the overall industry’s cost of deposits.

4 weeks ago

Affin where can fall to RM2? 🤣🤣🤣

3 weeks ago

Maybe can fall to RM2.80 but RM2??? 🤣🤣🤣

3 weeks ago

Sarawak+Affin=SharkFin Bank🤣😁

3 weeks ago

Boustead exits Affin Bank after selling entire 20% stake
By Justin Lim / theedgemalaysia.com
26 Nov 2024, 11:35 pm

3 weeks ago

Why J buy from L & B @ RM5?

3 weeks ago

James Ng

砂拉越州政府成为最大股东，也采用了新标志，case study: AFFIN BANK
https://klse.i3investor.com/web/blog/detail/general/2024-11-28-story-h475534829

3 weeks ago

🦈 Logo?

3 weeks ago

sharemarket21

It's time for the big boys competition. 3-5 years is gonna be exciting for this bank. Accumulation time....

3 weeks ago

StarOfTheBull

Very ambitious. Which insurance company and bank could be the target?
https://www.sinchew.com.my/news/20241130/finance/6113420

3 weeks ago

Bursino

Which bank or banks did the Sarawak Government park their Cash? How will it affect these banks should the Sarawak Government decide to transfer all their cash holdings to Affin. Conduct all monetary transactions using Affin as the primary bank.

3 weeks ago

Buy Takaful😁😂 @ 5

2 weeks ago

abcb

Window dressing is coming soon for AFFIN,TP3.20

2 weeks ago

Thanks for sharing

2 weeks ago

Malysia got 13 Menteri Besar. Who is paling pandai, and who is paling bodxx🤔

2 weeks ago

abcb

First move 3.03, follow by 3.14 and lastly will reach destination to 3.28

2 weeks ago

abcb

Some local institutions started accumulate at 2.93 recently

2 weeks ago

sharemarket21

Let's go Affin the new conqueror ! 20% target price and Peninsular market share. Straight forward strategy and ROI.

2 weeks ago

Why Abang buy SharkFin @ 5?

1 week ago

https://www.nst.com.my/business/corporate/2024/09/1112718/analyst-raises-affin-target-price-potential-rm4b-sarawak-deposit

Abang Jo bought @5.00, really ?

1 week ago

Amazing

good news coming soon .... be passion and good time to collect now ..

5 days ago

Amazing

5 days ago