EZMONEY13 281 posts | Posted by EZMONEY13 > Jan 16, 2024 3:09 PM | Report Abuse https://www.astroawani.com/berita-malaysia/tun-daim-keluarga-mohon-sprm-hentikan-siasatan-453610? |
Dehcomic01 297 posts | Posted by Dehcomic01 > Feb 13, 2024 8:26 AM | Report Abuse Alliance Bank is the smallest Bursa Malaysia bank. While smaller than Affin Bank, its performance as measured by the ROE is far better than that of Affin. https://www.youtube.com/watch?v=4W7Lnw_hT0w When you look at the ROE trend of Alliance, you can see that it had recovered from the Covid-19 years and overtaken its pre-Covid-19 peak But the market price has yet to reflect the better performance. https://i.postimg.cc/fyVxJQ5N/Alliance-bank.png Does the market know something that I don’t or it it merely being irrational? |
eugenewong794 29 posts | Posted by eugenewong794 > Feb 13, 2024 10:22 PM | Report Abuse It used to be 2nd smallest, but since affin bank in the news, esp with sarawak acquisition, the share price has rallied, when i started investing in bursa last year, i wanted exposure to banking sector, so i chose 1 big bank and 1 small bank, for big bank i chose public as it is a safe option with very good ROE but valuation is higher but still reasonable, for small bank, it was between affin and ABMB, for me ABMB is the obvious choice, cos AFFIN prev majority shareholder is LTAT, they have 4 main ventures, AFFIN, BPLANT, PHARMA and BHIC, the latter 2 is PN17, 1 needed bailout from gov, the other has monopoly on medicine supply to KKM but still cant be profitable #onlyinmsia, 1 ady sold to LTAT after some issues with KLK, so LTAT dont have the best track record, ABMB undemanding valuation, good dividend yield of ~6%, focus on future SME and green financing, and decent management was the choice for me. The thing about MY banks is they are very safe, therefore cant expect too much growth, but still decent returns, i believe once the hype with affin is over, funds might turn their attention to ABMB, provided they can show good results |
StartOfTheBull 7374 posts | Posted by StartOfTheBull > Feb 14, 2024 5:54 AM | Report Abuse Lower share price = higher dividend yield. It is time to add more. |
1DERFUL 23 posts | Posted by 1DERFUL > Mar 20, 2024 3:07 PM | Report Abuse Anyone has info why ABMB falling so much compare to other banks and Financial sector |
speakup 25005 posts | Posted by speakup > Apr 5, 2024 9:13 PM | Report Abuse Abmb at 3 year high and u say falling???? |
StartOfTheBull 7374 posts | Posted by StartOfTheBull > Apr 5, 2024 10:28 PM | Report Abuse 30 Nov 2022 closing was RM3.87. Maybe what he meant falling so much is actually mean ABMB is lagging behind other banks in terms of share price. |
speakup 25005 posts | Posted by speakup > Apr 6, 2024 2:17 PM | Report Abuse 🤦 |
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