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![]() wallstreetrookie Short Alliance Bank Why would you buy financials. Financial bull run cycle always ends on July 13/06/2022 8:39 AM 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 13/06/2022 8:41 AM wallstreetrookie I don't get why people invest in Alliance Bank. Commercial Banking - selling loans to SMEs is a dying business. 13/06/2022 8:42 AM 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? 16/06/2022 1:33 PM maluapebossku @wallstreetrookie.. why keep condemning abmb... if u see no value in this stock just move on.... why spend time here commenting so much... 17/06/2022 4:45 PM 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 17/06/2022 5:00 PM 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. 02/07/2022 10:41 PM 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 02/07/2022 10:42 PM 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 02/07/2022 10:43 PM kevinobc https://www.msn.com/en-my/news/national/bank-negara-to-hike-rates-again-in-july-and-sept/ar-AAZa6lw?ocid=msedgntp&cvid=dfe8e6f8e1b74e03b5e4b4e99661de92 04/07/2022 12:09 PM StartOfTheBull BNM is expected to raise OPR . It is not advisable to short banks. 04/07/2022 12:44 PM kevinobc https://www.malaymail.com/news/money/2022/07/04/bank-negara-set-to-raise-policy-rate-again-says-moodys/15626 04/07/2022 3:16 PM wallstreetrookie Wow, someone really trying to inverse me huh? Reading i3 forum again 05/07/2022 4:05 PM wallstreetrookie 1000 lots direct business transactions. Nice, big boys reading i3 forum. 05/07/2022 4:14 PM wallstreetrookie Hiding large buying orders with small sell orders. Come on, this is so dumb 05/07/2022 4:14 PM 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 05/07/2022 4:18 PM anthonytkh Rookie, what would happen if I decide to sell my properties (ie. extinguish borrowing) and (but…?) rent them back? 05/07/2022 5:48 PM wallstreetrookie Institutional investors read i3 forums. Why do they pick Alliance Bank out of the other banks? This is fishy 06/07/2022 11:12 AM wallstreetrookie So many good banks but they choose to pump Alliance Bank. Really? Alright 06/07/2022 11:13 AM kevinobc https://asia.nikkei.com/Economy/Inflation/Philippine-central-bank-may-raise-interest-rates-1-more-this-year 06/07/2022 12:18 PM wallstreetrookie Sell-side analyst still promoting Alliance Bank. Short and dump it all 19/07/2022 11:30 AM kevinobc https://www.msn.com/en-my/news/berita/kenapa-opr-perlu-naik-ini-penjelasan-bnm/ar-AAZO7sg?ocid=msedgntp&cvid=a520e713888e4024a41fc9ef40c1d0bc 21/07/2022 3:36 PM 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 23/07/2022 10:37 PM wallstreetrookie I miss the old kenanga equity analysis. Now it is not worth reading anymore 23/07/2022 10:37 PM 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. 28/07/2022 9:01 PM wallstreetrookie This guy @StartOfTheBull always likes to cheat retail investors. karma will find you. Dump Alliance Bank 29/07/2022 9:58 AM StartOfTheBull @wallstreetrookie You can prove me wrong if you say I am cheating. By the way, why do you hate ABMB so much? 29/07/2022 12:44 PM StartOfTheBull https://www.sinchew.com.my/20220727/%e4%bc%a0%e5%a4%a7%e9%80%89%e6%9c%80%e6%97%a99%e6%9c%88%e4%b8%be%e8%a1%8c-%e3%80%803%e7%b1%bb%e8%82%a1%e8%93%84%e5%8a%bf%e5%be%85%e5%8f%91/ 29/07/2022 1:24 PM johnrichman ABMB (2488) Uptrend Stock, shall be no problem to go over RM4.04 Risk: may have short term risk to reach back +- RM2.700 Momentum: Gear Two facebook @ Malaysian Stock Information 大马股票资讯 07/08/2022 3:28 PM ![]() ![]() | |