ALLIANCE BANK MALAYSIA BERHAD

KLSE (MYR): ABMB (2488)

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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%

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

kitmanworld

I tot "Global Success Network Sdn. Bhd. " was one of the share holder ?? Manyak kaya oh ini company

2022-06-07 16:39

wallstreetrookie

Short Alliance Bank
Why would you buy financials. Financial bull run cycle always ends on July

2022-06-13 08:39

wallstreetrookie

Alliance Bank price target RM2.60 by August

2022-06-13 08:39

wallstreetrookie

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

wallstreetrookie

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

StartOfTheBull

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

maluapebossku

@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

wallstreetrookie

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

wallstreetrookie

Sell Alliance Bank in July

2022-06-25 19:58

wallstreetrookie

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

wallstreetrookie

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

wallstreetrookie

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

wallstreetrookie

Sell all your Alliance Bank shares

2 months ago

wallstreetrookie

Sell again

2 months ago

wallstreetrookie

Green day means more opportunity to sell

2 months ago

StartOfTheBull

BNM is expected to raise OPR . It is not advisable to short banks.

2 months ago

wallstreetrookie

Wow, someone really trying to inverse me huh? Reading i3 forum again

2 months ago

wallstreetrookie

1000 lots direct business transactions. Nice, big boys reading i3 forum.

2 months ago

wallstreetrookie

Hiding large buying orders with small sell orders. Come on, this is so dumb

2 months ago

wallstreetrookie

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

anthonytkh

Rookie, what would happen if I decide to sell my properties (ie. extinguish borrowing) and (but…?) rent them back?

2 months ago

wallstreetrookie

anthonytkh you lost too much money in TSH

2 months ago

wallstreetrookie

Institutional investors read i3 forums. Why do they pick Alliance Bank out of the other banks? This is fishy

2 months ago

wallstreetrookie

So many good banks but they choose to pump Alliance Bank. Really? Alright

2 months ago

wallstreetrookie

Buy Ambank

2 months ago

wallstreetrookie

3pm Release

2 months ago

wallstreetrookie

Ambank and Alliance Bank go up together

2 months ago

StartOfTheBull

Not bad. At least some winners in KLSE.

2 months ago

wallstreetrookie

2.25%

2 months ago

wallstreetrookie

2.25%

2 months ago

wallstreetrookie

Ambank for the win

2 months ago

wallstreetrookie

Bearish on Alliance Bank.

2 months ago

wallstreetrookie

Sell-side analyst still promoting Alliance Bank. Short and dump it all

2 months ago

wallstreetrookie

"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

wallstreetrookie

I miss the old kenanga equity analysis. Now it is not worth reading anymore

2 months ago

wallstreetrookie

Alliance Bank is MCA bank
Ambank is Barisan Nasional bank

2 months ago

kyliew

US economy is technically in recession with the latest Q2 GDP data out

2 months ago

StartOfTheBull

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

@StartOfTheBull wrong

1 month ago

StartOfTheBull

@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

StartOfTheBull

True. Expecting another handsome dividend at end of November 22.

3 weeks ago

VTrade

Lucy say cannot touch Bank
But dontknow why

2 weeks ago

StartOfTheBull

EPF was playing contra for this stock last few days.

2 weeks ago

redhotpepper

Hmm...doesnt look good

6 days ago

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