AFFIN BANK BERHAD

KLSE (MYR): AFFIN (5185)

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Last Price

2.89

Today's Change

+0.01 (0.35%)

Day's Change

2.88 - 2.90

Trading Volume

311,400

Prices
Discussions
4 people like this. Showing 50 of 4,126 comments

TheContrarian

Already 4 days has lapsed since the signing of the S&P last Friday. Abang Jo hasn't announced the purchase consideration .......... because Abang Jo doesn't know, hahaha 🤣🤣🤣

2024-10-01 23:02

Kim

Today is the day =)
Going like missiles Iranian 🔥
New shareholders on the way

RM2.95
RM2.98
RM3.05

2 months ago

TheContrarian

Spartans ....... onwards! Go, Spartans, go!

2 months ago

Kim

Adding and absorbing 2.87
Going to breach 2.89 ---> RM2.93

Lets go
Kikiki

2 months ago

Plantermen

Sentiment affected by Iran counter strike retailation against Israel overpay. Technically wallstreet have more or less down play the ongoing escalation the Middle East conflict. Israel is aware Iran is a big military power block In the Middle East

2 months ago

TheContrarian

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

TheContrarian

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

TheContrarian

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

TheContrarian

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

TheContrarian

Forum here so quiet. Where have everyone gone?

2 months ago

TheContrarian

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

2 months ago

TheContrarian

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

2 months ago

TheContrarian

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

TheContrarian

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

TheContrarian

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

TheContrarian

Go, go, go Affin.

2 months ago

Ny036

Any dividend will declare this or next month?

1 month ago

nisah395

Ambank already above RM5, Affin still below RM3

1 month ago

mf

Dow Jones

Dow Jones Industrial Average

44,293.13

+304.14

0.69%

Nasdaq

NASDAQ Composite

19,298.76

+11.98

0.06%

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

TheContrarian

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

nisah395

QR out

1 month ago

Steve Lomas

When will AFFIN declare dividend?

1 month ago

nisah395

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.

1 month ago

TheContrarian

Affin where can fall to RM2? 🤣🤣🤣

1 month ago

TheContrarian

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

1 month ago

nisah395

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

1 month 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

1 month ago

sharemarket21

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

4 weeks ago

StarOfTheBull

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

4 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.

4 weeks ago

abcb

Window dressing is coming soon for AFFIN,TP3.20

3 weeks ago

nisah395

Thanks for sharing

3 weeks ago

abcb

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

3 weeks ago

abcb

Some local institutions started accumulate at 2.93 recently

3 weeks ago

sharemarket21

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

3 weeks ago

nisah395

Abang Jo bought @5.00, really ?

2 weeks ago

Amazing

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

2 weeks ago

DickyMe

You need valid reason to withdraw from KWSP.

1 week ago

xiaoeh

why withdraw? must save more instead!!!
by save more into KWSP EVERYBODY can become a millionaire and its risk free
watch this:

https://www.youtube.com/watch?v=SIvzFZI7jYE
100万等着你拿!教你傻瓜式地用EPF成为百万富翁!

1 week ago

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