QUOTE(SKY 1809 @ Jul 10 2012, 05:00 PM)
I also hope that, I have some bought at higher price... STOCK MARKET DISCUSSION V122, Entering 2nd half of the year.......
STOCK MARKET DISCUSSION V122, Entering 2nd half of the year.......
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Jul 10 2012, 05:21 PM
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#41
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Jul 10 2012, 08:36 PM
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#42
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Jul 10 2012, 08:47 PM
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#43
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Jul 10 2012, 10:57 PM
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#44
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Jul 12 2012, 10:24 AM
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#45
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Jul 12 2012, 10:42 AM
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#46
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QUOTE(kucingfight @ Jul 12 2012, 10:27 AM) Cocoa related, commodity based Guan Chong... now I know... But GCB really not ring a bell for me... i followed this stock around 1.5yrs ago when it was ~ 1.85 and somehow i didn't take the plunge..n look where it is now..darn Added on July 12, 2012, 10:44 am QUOTE(panasonic88 @ Jul 12 2012, 10:41 AM) Recently changed upper class name to GCB, was called Guan Chong previously. Thanks, you like information counter liao...Dual listing in SGX soon. 2 for 1 bonus issue pending for approval in coming EGM. This post has been edited by htt: Jul 12 2012, 10:44 AM |
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Jul 12 2012, 01:07 PM
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#47
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QUOTE(SKY 1809 @ Jul 12 2012, 01:02 PM) Do u know the latest ruling by Indonesia Govt on foreign ownership on banks ? Recently read they will peg the size & reach & asset qualify for consideration, sound like they want to let go DBS to by Danamon, but Affin not sure...I heard there is no more problem with Maybank and Cimb. Not sure about new acquisition to be made by Affin "Managing director and CEO Datuk Zulkiflee Abbas Abdul Hamid said that the agreement between Affin and PT Bank Ina Perdana for the former to acquire at least a 51% stake in the Indonesian bank had been terminated by nature as the agreement expired last year." |
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Jul 12 2012, 01:16 PM
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#48
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QUOTE(SKY 1809 @ Jul 12 2012, 01:13 PM) Affin is always looking and waiting to buy something up , who knows this time maybe somewhere in India But if they are not looking for a majority shareholding, there shouldn't be problem for that...But it tells me , the relative strength of the bank per se. Kinda " I believe I could fly" Just my view. |
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Jul 13 2012, 11:42 AM
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#49
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Jul 13 2012, 04:38 PM
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#50
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Hello Pana, try to read kulim now, not reading that for years liao, after sold that years ago.
Question: 1. The sales of QSR & KFC done deal liao? 2. The special divvy of 93 sen go liao or not? Seems like they are buying some big land from JCorp, the deal seems gone thru but the balance sheet like no mention like that... |
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Jul 13 2012, 05:03 PM
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#51
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QUOTE(panasonic88 @ Jul 13 2012, 04:44 PM) 1. In the midst. Oic, thanks... the new bursa website is killing me, want to look for some info give me all the nonsenses...2. Not yet. Market is guessing can give around 87c. U can read mandarin? Wan to read some related news back in May'12? Can, please send me... |
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Jul 13 2012, 05:19 PM
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#52
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QUOTE(panasonic88 @ Jul 13 2012, 05:07 PM) LOL you are not alone. Bursa website is making me Thanks, that gave me a good chronological of events... Here's some news http://www.investalks.com/forum/viewthread...4&extra=&page=7 Anyway, weekend coming... TGIF... Have a nice weekend everyone... |
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Jul 16 2012, 03:30 PM
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#53
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Jul 16 2012, 04:07 PM
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#54
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QUOTE(skiddtrader @ Jul 16 2012, 03:53 PM) Depends how complicated the company's business is. Like that you study 3 months lah... only thing too bad is by the time you finished that, another set of account just arrived Financial companies are hardest to valuate because I don't really know the importance of half of what they publish in their reports. Like how to valuate their credit swap, interest rate swap etc. Their financial ratios and basel II requirements also a bit confusing for me thus the need to read up and research a little more. But straightforward company normally take me no more than 1 week to decide if I want to invest in it or not. But that's really hard... Especially multi-national bank... |
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Jul 16 2012, 04:16 PM
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#55
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QUOTE(SKY 1809 @ Jul 16 2012, 04:07 PM) Tier 1 and 2 , odddeli have. I think he is trying to smoke...Not sure about Tier 3 UALA LUMPUR: The Affin Bank group has boosted its Tier 1 and Tier 2 capital by RM500mil in the first quarter of this year, and further capital injection, in view of Basel 3 (global regulatory standard) requirements, is in the pipeline. “There are plans for further capital injection by shareholders to strengthen the capital base and meet requirements with respect to our projected business growth and also in view of the upcoming Basel 3. An appropriate announcement will be made when the time comes. “Our board has been briefed and is fully committed to put in more money if necessary,” Affin Bank managing director Datuk Zulkiflee Abbas Abdul Hamid told StarBiz. Loan growth was 17% in 2010 and 14% in 2011. For 2012, the bank aims to maintain double-digit loan growth momentum. Bullish forecast: Affin Bank aims to maintain double-digit loan growth this year, although Zulkiflee (inset) says 2012 will be a challenging year for the banking sector. “Everybody is saying 2012 will be challenging. Yes, it is challenging but we have our niche; we feel there is still a market out there for us to grow. However, we will grow our business without sacrificing our asset quality,'' said Zulkiflee. Affin's loan deposit (LD) ratio has stabilised at 80%-85%, a balance that is within the industry standard. “We plan to maintain the LD ratio by bringing up the deposit base in line with the growth in loans,'' he said. According to the Affin Bank's 2011 annual report, deposits hit RM36.5bil while loan base was at RM29.7bil. The banking group's asset base has doubled to RM50bil in six years. Likewise, its capital base has also gone up by RM2.3bil to RM4bil, with RM3.3bil or about 83% representing the core or Tier 1 capital. Its risk-weighted adequacy ratio (RWCR) stands at 11.9 % on a bank group basis as at December last year; that ratio is expected to improve with the additional capital received in the first quarter of this year. “We are well-capitalised with 83% already in Tier 1 capital. We do not depend too much on Tier 2 capital,'' said Zulkiflee. This year Affin Bank will be focusing on growing with the existing customers. This will form part of the bank's broad strategies of ensuring asset quality as well as customer retention. “In the banking industry, annual business growth is expected,'' he said. ”Our focus is to know our customer and the viability of projects to be undertaken,'' he said, adding that being proactive with existing good customers was a priority. “We should have the financing packages ready to meet customer's business as well as individual requirements,'' he said, adding that inculcating such a proactive customer relationship culture, though, will take time but is a priority for the bank. However, Affin will not be competing on pricing alone. “With the thinning of net interest margin (NIM), we would have to take into account our cost of capital as well as the risk we take,'' he said. Recognising the thinning of NIM, Affin Bank will be putting more emphasis on its fee-income business. “Currently, our fee income is mostly from commissions, foreign exchange and loan syndication fees,'' said Zulkiflee. “We will be enhancing our fee-based income by focusing on businesses such as the sale of unit trusts and insurance.'' The contribution from fee or non-interest income to total income is currently at 20% and is expected to increase gradually to 25% in the medium term. The tier 1 & 2 shouldn't be a problem under Basel III, even for bank with very low ratio like PBB (also not means to be bad, little capital big profit always good what? 小刀锯大树). But the LD ratio is the real issue for a lot of bank, because under the new guideline, LD ratio will limit opportunity for bank if they have no enough deposit (their own, not interbank). In our bolehland, the deposit still concentrated at 2 banks I think, Tiger Bank & PBB, how other players perform have to depends on how they attract savers... IMHO... But beauty of Basel III will be their capital calculation method, more complex but can save a lot of capital if really invest into the asset classification... |
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Jul 16 2012, 05:04 PM
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#56
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QUOTE(SKY 1809 @ Jul 16 2012, 04:20 PM) LTAT got a lot of money to park as deposits , should not be a problem. True also... but the best possible outcome might be someone going to acquire them... then... They injected rm 500m without going into right issues also. |
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Jul 16 2012, 05:18 PM
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#57
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QUOTE(jy1905 @ Jul 16 2012, 05:13 PM) i dont think there is any profitable bank in the world that is trading below the book value.. if there is another one, please let me know Go read Citi or BAC.Book value just another figure, there can be hundreds of way to dress that... This post has been edited by htt: Jul 16 2012, 05:19 PM |
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Jul 16 2012, 08:49 PM
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#58
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QUOTE(jy1905 @ Jul 16 2012, 05:27 PM) below book value? To me, book value is less important than the earning power... You not buying the company to liquidate that mah... if you have that in sight then book value very important...many scandals with the western banks.. not sure if they are involved in the recent libor scandal.. if yes then earnings gonna take a hit due to the penalty not pro enough to analyze them.. so many things don:t understand bout their high risk businesses |
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Jul 16 2012, 09:42 PM
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#59
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QUOTE(panasonic88 @ Jul 16 2012, 09:23 PM) MediaC. You small fries cannot say much one mah... later fry you only know...Loan money to pay divvy. Good meh like that? 世华媒体(5090)宣布派发每股41仙的特别股息给股东,不过,其中的71%是向银行借钱来派給股东的。 自7月13日起停牌至今的世华媒体今天宣布,将派出7亿令吉的特别股息,换成每股计算是41仙。其中的2亿令吉来自公司内部资金,剩下的5亿令吉是向银行借来的。 世华媒体的大股东丹斯里张晓卿家族直接和间接控制世华媒体52%股权,换句话说,略高于一半的股息是进入张氏家族的口袋。 致于世华媒体为何要大事举债来派息,公司给的是相当技术的表面话,即要更有效率的管理公司资金,及回馈股东。 Added on July 16, 2012, 9:44 pm QUOTE(panasonic88 @ Jul 16 2012, 09:25 PM) What to do... 20% chance to strike, so 4 out of 5 disappointed... me 2 account also strike nothing... sien also... This post has been edited by htt: Jul 16 2012, 09:44 PM |
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Jul 16 2012, 09:51 PM
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#60
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