AFFIN BANK BERHAD
KLSE (MYR): AFFIN (5185)
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Last Price
2.87
Today's Change
0.00 (0.00%)
Day's Change
2.85 - 2.88
Trading Volume
2,220,100
Company warrants are issued by the company and give the holders the right, but not an obligation, to subscribe for new ordinary shares at a specified price during a specified period of time.
Structured warrants are proprietary instruments issued by a third-party issuer, namely an eligible broker or financial institution that give holders the right, but not the obligation, to buy (call warrants) or sell (put warrant) the underlying instrument in the future for a fixed price.
A call warrant is in-the-money when the exercise price is lower than the price of the underlying share.
A put warrant is in-the-money when the underlying share price is lower than the exercise price.
Call Warrants
In the money
Put Warrants
In the money
Discussions
4 people like this. Showing 50 of 4,145 comments
KUALA LUMPUR:CIMB Securities has raised its target price for Affin Bank Bhd with expectation that the Sarawak state government will deposit some RM4 billion into the bank next year.
On Friday, Affin announced that the state emerged as its single largest shareholder, with a 31 per cent interest, after Lembaga Tabung Angkatan Tentera (LTAT), and Boustead Holdings Bhd collectively sold their 26 per cent stake to the state's special purpose vehicle SG AssetFin Holdings Sdn Bhd.
"We believe there has been no significant deposit contribution from the Sarawak government over the past one year, despite the Sarawak government's initial acquisition of the 4.81 per cent stake last year."
"We are now assuming new current account savings account (Casa) potential in financial year 2025, of at least RM4 billion from the new major shareholder," it said.
1 week ago
All this was an expected scenario, waiting for it to reach RM2 or below, otherwise not interested.
1 week ago
In share trading, I've learnt to expect the unexpected. The bunch of retirees who meets every Sunday for tea has not been bothered with the price movements of this counter of late. Steady.
1 week ago
Not a single one of them has disposed. Perhaps peer pressure. He who blinks first loses.
1 week ago
MIDF sees limited immediate gains for Affin
.
.
However, MIDF believes that Affin's current valuations are unattractive due to its low ROE-generating potential. Despite the potential re-rating from the new major shareholder, the bank’s share price appears to have moved ahead of its fundamentals, MIDF said, as it maintained its “sell” recommendation with a revised Gordon growth model-derived target price (TP) of RM 2.35, up from RM1.82.
The TP is based on a revised FY2025F P/BV of 0.45x, reflecting the potential re-rating following the entry of Affin Bank’s new largest shareholder.
1 week ago
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1 week ago
I sold all my 6-year holding in Affin @ just below $3 & was regretting it for a while, but that regret disappeared yesterday...
1 week ago
Yesterday CIMB called Affin a BUY and their arithmetic on fair value is 4.30. Four dollar thirty sen. Only thing CIMB didn't say when can hit 4.30.
1 week ago
You people very cun-lah. One knows it will drop no further. Another knew it will fly. 🤗
1 week ago
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 🤣🤣🤣
1 week ago
Israel launches ground invasion into Lebanon, Iran reacts by launching 200 missiles at Israel ....... Abang Jo in a panic might call off acquisition of Affin ......... hahaha.
1 week ago
Today is the day =)
Going like missiles Iranian 🔥
New shareholders on the way
RM2.95
RM2.98
RM3.05
1 week ago
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
1 week ago
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.
1 week 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.
1 week ago
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Jonathan Keung
Looking at the Affin news on the pricing. Strong possibilities of Sarawak government paid different pricing to LTAT and Boustead. Latest news Sarawak State owns 31% , LTAT still owns 20% , Boustead disposed their 20% share . Previously Sarawak acquires 5% from LTAT plus now the 20% from Boustead. The balance 5%-6% from open market. Bank of East Asia still owns 23% { provided they did not disposed any shares } the share spread is very tight. Sarawak 31% + LTAT 20% + BEast Asia 23% = 74 %
1 week ago