KLSE (MYR): AFFIN (5185)
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Last Price
2.84
Today's Change
0.00 (0.00%)
Day's Change
2.84 - 2.87
Trading Volume
509,500
Ann. Date | Date | Time | Type | Venue | View |
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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
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
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
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
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1 month ago
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
Yes RM2 would be a good buy. It will take quite a while for Sarawak to clean up Affin
1 month ago
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
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
Boustead exits Affin Bank after selling entire 20% stake
By Justin Lim / theedgemalaysia.com
26 Nov 2024, 11:35 pm
3 weeks ago
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
It's time for the big boys competition. 3-5 years is gonna be exciting for this bank. Accumulation time....
3 weeks ago
Very ambitious. Which insurance company and bank could be the target?
https://www.sinchew.com.my/news/20241130/finance/6113420
3 weeks ago
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.
2 weeks ago
Let's go Affin the new conqueror ! 20% target price and Peninsular market share. Straight forward strategy and ROI.
2 weeks 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