ALLIANCE BANK MALAYSIA BERHAD
KLSE (MYR): ABMB (2488)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
3.50
Today's Change
-0.10 (2.78%)
Day's Change
3.50 - 3.59
Trading Volume
1,056,800
Overview
Market Cap
5,418 Million
NOSH
1,548 Million
Avg Volume (4 weeks)
2,122,821
4 Weeks Range
3.50 - 3.78
4 Weeks Price Volatility (%)
0.00%
52 Weeks Range
2.52 - 3.82
52 Weeks Price Volatility (%)
75.38%
Previous Close
3.50
Open
3.59
Bid
3.50 x 35,300
Ask
3.52 x 100
Day's Range
3.50 - 3.59
Trading Volume
1,056,800
Financial Highlight
Latest Quarter | Ann. Date
30-Jun-2022 [#1] | 30-Aug-2022
Next QR | Est. Ann. Date
30-Sep-2022 | 26-Nov-2022
T4Q P/E | EY
8.48 | 11.79%
T4Q DY | Payout %
5.29% | 44.82%
T4Q NAPS | P/NAPS
4.09 | 0.86
T4Q NP Margin | ROE
34.38% | 10.09%
Market Buzz
2022-09-26
2022-09-26
2022-09-26
2022-09-23
2022-09-23
2022-09-22
2022-09-21
News and Blogs
Company Profile
Sector: FINANCIAL SERVICES
Sector: FINANCIAL SERVICES
Subsector: BANKING
Subsector: BANKING
Description:
Alliance Bank Malaysia Bhd, formerly Alliance Financial Group is a Malaysia-based company engaged in providing banking and financial services. Its core business segments consist of the Consumer Banking segment, which offers personal banking solutions, including mortgages, various loans, hire purchase facilities, credit cards, and wealth management; the business banking segment, which consists of small and midsize enterprise and wholesale banking, and offers products and services, such as cash management, trade finance, treasury, and structured solutions; the financial markets segment, which offers money market, hedging, foreign exchange, wealth management, and other services; and the investment banking segment, which provides stockbroking and corporate advisory services.
Discussions
6 people like this. Showing 50 of 1,720 comments
Short Alliance Bank
Why would you buy financials. Financial bull run cycle always ends on July
2022-06-13 08:39
This bank disposed their asset management/brokerage division a long time ago. Alliance Bank's main revenue comes from commercial banking and generates a small amount of revenue from transaction banking and corporate banking. Unlike Hong Leong Bank and UOB, Alliance Bank has no investment banking division and does not participate in any deal flows/mergers and acquisitions.
Alliance Bank is still the worst bank in Malaysia. It might be worse than Affin Bank at this point
2022-06-13 08:41
I don't get why people invest in Alliance Bank. Commercial Banking - selling loans to SMEs is a dying business.
2022-06-13 08:42
Up 12c mid day even on ex dividend date. This stock is always beyond your expectation, eventhough EPF is selling it daily. Anymore traders want to short it?
2022-06-16 13:33
@wallstreetrookie.. why keep condemning abmb... if u see no value in this stock just move on.... why spend time here commenting so much...
2022-06-17 16:45
Because Alliance Bank disposed profitable divisions like brokerage, asset management. They don't have investment banking division and relies heavily on SME loans. Let me ask you, if Bank Negara keeps raising interest rates, you think these small companies surviving on cheap credit can survive? Consumer sentiment dipped to all time low, small companies will suffer.
However, the only good thing is that Alliance Bank will make more profits off SME clients due to higher interest rate. But it works until it doesn't when SME stop borrowing money. I am not bullish on Alliance
2022-06-17 17:00
Further to our announcements dated 2 December 2021 and 7 December 2021, we wish to announce that Alliance Investment Bank Berhad had on 21 June 2022 obtained the Vesting Order from the High Court and on schedule to complete the transfer of its stockbroking business to Phillip Capital Sdn Bhd (formerly known as Phillip Futures Sdn Bhd) on 30 July 2022.
This announcement is dated 1 July 2022.
2 months ago
I literally told you guys about this announcement but no one mentions it. Keeps talking about dividends. Who cares about dividends if the future profits are going to drop?
Alliance Bank disposed so much of their investing banking division. I don't understand how a company can make such foolish decisions
2 months ago
Alliance Bank is the worst bank in Malaysia.
Worst Bank to Invest 2022:
1. Alliance Bank Malaysia Berhad
2. Public Bank Berhad
3. Maybank Berhad
Best Bank:
1. Hong Leong Bank
2. Ambank
3. RHB Bank
2 months ago
1000 lots direct business transactions. Nice, big boys reading i3 forum.
2 months ago
Hiding large buying orders with small sell orders. Come on, this is so dumb
2 months ago
If interest rate rises, even though banks make more profits per transaction. However, if small and medium enterprises stop borrowing money due to high rates, then it means the rise in interest rate has no effect on whether or not Alliance Bank can beat profits.
This @StartofTheBull studies too much economics. Economics all theory no practice
2 months ago
Rookie, what would happen if I decide to sell my properties (ie. extinguish borrowing) and (but…?) rent them back?
2 months ago
Institutional investors read i3 forums. Why do they pick Alliance Bank out of the other banks? This is fishy
2 months ago
So many good banks but they choose to pump Alliance Bank. Really? Alright
2 months ago
Sell-side analyst still promoting Alliance Bank. Short and dump it all
2 months ago
"Maintain OUTPERFORM and TP of RM4.00. Our TP is based on a GGM-derived PBV of 0.88x (COE: 11.0%, TG: 3.0%, ROE: 10%) on its estimated CY23 BVPS of RM4.56. The group’s dividend-ROE stands at an attractive level between the smaller cap banks. This is aided by the group returning to pre-pandemic payouts (50%) which we believe could whet up better appetite among investors. All in, we do not think it is farfetched for investors to possibly enjoy yields of c.7%, the second most attractive payout within the banking space." - Kenanga
Kenanga Research is WRONG. SMEs will suffer more than corporations this quarter in an economic downturn. Alliance Bank leans heavily towards SMEs. Better buy bank stocks that rely less heavily on sme
2 months ago
I miss the old kenanga equity analysis. Now it is not worth reading anymore
2 months ago
According to the local business news articles, Malaysia finance and bank stocks, among others are usually investors' favourites when general election date is about to be announced or near.
2 months ago
@wallstreetrookie
You can prove me wrong if you say I am cheating. By the way, why do you hate ABMB so much?
1 month ago
Post a Comment
Featured Posts
2
I3investor
3
MQ Trader Announcement!
MQ Trading Signals
Time
Signal
Duration
Type
2022-09-26 15:31:23
ADX
Hourly
SELL
2022-09-26 10:00:22
EMA 5
Daily
SELL
2022-09-26 10:00:22
TURTLE SYSTEM 20
Daily
SELL
2022-09-26 10:00:22
TURTLE SYSTEM 55
Daily
SELL
2022-09-26 09:14:57
ADX
10 Mins
SELL
Apps
Top Articles
1
Koon Yew Yin's Blog
2
Koon Yew Yin's Blog
3
Koon Yew Yin's Blog
4
5
BFM Podcast
6
Good Articles to Share
ICRC president: China a great support to global humanitarian work
7
Good Articles to Share
UK market meltdown? Nothing to see here, Treasury minister says
8
Kenanga Research & Investment
Hot Stocks Today
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kitmanworld
I tot "Global Success Network Sdn. Bhd. " was one of the share holder ?? Manyak kaya oh ini company
2022-06-07 16:39