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Overview
Financial Highlight
HeadlinesBusiness Background Affin Holdings Berhad is a bank headquartered in Kuala Lumpur and operating in Malaysia. Under the name Affinbank, the company provides consumer banking, car hire purchase, mortgages, credit and debit cards, and wealth management. Under the Affin Islamic name, the bank provides Shariah-compliant services to clients. The company offers investment banking services under the name Afiin Hwang Capital, along with securities services and asset management. The majority of the group’s revenue comes from Commercial Banking within Malaysia.
  Nepo NTA = RM4.95 per share as at 30 Sept 2022 Share price as at 17 Feb 23 RM 2.07 Share price/NTA=RM2.07/RM4.95 = RM0.42 Probably is the lowest in the bank sector. Going to top up some next week. 18/02/2023 10:27 AM aklobi If it goes lower than 2 I am going to transfer funds from Saudi.. So happy with my Malaysia investment.. 23/02/2023 10:35 PM Nepo f transformation journey with the A25 Plan, which runs from 2023 to 2025. The bank said its next three years will see it focusing on three key strategic objectives as part of A25 Plan namely - unrivalled customer service, digital leadership and responsible banking with impact. Affin Bank also said it aims to be the most creative financial company in the country. 28/02/2023 5:42 AM Nepo QR result is ok Actually profit is higher than last QR if not counting Deferred Tax which is accounting tax 28/02/2023 5:45 AM  calvintaneng Boustead a high debt laden co Boustead group of companies Affin bank Bplant Bhic Pharmaniaga Affin Bank Under bank negara control Already paid 30 sen dividend to help Boustead but insufficient Pharmaniaga In deep impairment due to unsold vaccines Payables caused losses and triggered Pn17 And the sell down Bhic Another lemon Bplant This is the golden goose Lands of 220,000 acres worth multiple billions if sold to unlock cash and ultimate helper of last resort Verdict is go buy bplant and hold 02/03/2023 9:54 PM TheContrarian Hopefully some funds that sell Boustead today will redeploy to buy Affin. 03/03/2023 3:46 PM TheContrarian Ambank-Affin merger in order to dilute LTAT's huge stake in Affin? 04/03/2023 11:35 PM Nepo https://9shares.my/8%E5%AE%B6%E9%93%B6%E8%A1%8C%E9%9B%86%E5%9B%A2affin%E6%B4%BE%E6%81%AF%E7%AB%9F%E6%8B%BF%E5%86%A0%E5%86%9B-%E5%85%B4%E4%B8%9A%EF%BC%8C%E9%A9%AC%E9%93%B6%E8%A1%8C%EF%BC%8Ccimb%E8%82%A1%E6%81%AF%E9%AB%98/ 06/03/2023 1:24 PM aklobi Why is Affin's PE ratio so high atm and is this temporary due to the tax payments or will it be permanent? 08/03/2023 1:54 PM aklobi Thanks TheContrarian, but Bloomberg says P/E Ratio20.47, simply wallst says 27.2 08/03/2023 11:45 PM Nepo It looks like RM 2 is forming a very strong support level. If broken, then probably RM 1.87 is next support level.. 14/03/2023 9:40 AM Nepo @RM 1.99, forward PE=7.50 NTA=RM 4.59 Book to NTA=1.99/4.59 = 0.43 value buy. 15/03/2023 8:18 AM Nepo It seems dark cloud spread over the sky. Probably lightning & thunderstorms not far away. Be prepared with the shaking storms ahead.. 18/03/2023 7:55 PM pang72 https://www.sinchew.com.my/20230320/%e7%91%9e%e4%bf%a1%e9%a3%8e%e6%9a%b4%e5%8d%b7%e5%90%91%e5%a4%a7%e9%a9%ac%ef%bc%9f-aham%e4%ba%8c%e5%9f%ba%e9%87%91%e6%9a%82%e5%81%9c%e4%ba%a4%e6%98%93/ 20/03/2023 9:12 PM pang72 So, lucky sold the asset management company else the first kena for credit suisse bond collapse 20/03/2023 9:13 PM aklobi Most other banking stocks are collapsing except this one. This should tell everyone something. 21/03/2023 1:10 AM aklobi I would like to be included in group discussions please.. is there a more active platform? 23/03/2023 4:28 PM  | |
