2488 ABMB | Malaysia
ALLIANCE BANK MALAYSIA BERHAD
RM 2.65 on: 2021-01-22
-1.85% Past 1-day return
-0.38% Past 5-day return
Price/Valuation Analysis
Current Price Status
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Stock is Trading within Range
Stock is trading within the fundamental outlook of the company and the industry average performance. Market is currently pricing of annual earning growth better than the industry average.
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Company is in Positive Earning
Fair Value
- ABMB current price is 7.17% below OneDelta estimated fair value.
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The fair value is estimated via OneDelta proprietary model that updated daily basis based on stock fundamental and specific industry relative marco outlook. It can be assessed as stock potential upside range or the stock true value price in case of downside.
Bank Analyst Price Targets
HOLD
RM 2.70
HOLD
RM 2.65
TRADING
RM 2.30
Revenue & Earning Growth Analysis
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Cyclical Revenue Growth
ABMB recorded various revenue growth in different quarters with no clear growth direction.
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Unstable Profit Growth
ABMB has been experiencing substantial ups and downs on profit growth.
Past Quarter Reports
Quarter Date | Revenue (RM) | (%) | EPS (RM) | (%) |
---|---|---|---|---|
2020-09-30 | 474,446k | +13% | 0.067 | 0% |
2020-06-30 | 421,608k | -3% | 0.067 | +6% |
2020-03-31 | 434,409k | +2% | 0.063 | -28% |
2019-12-31 | 424,322k | -1% | 0.087 | +16% |
2019-09-30 | 429,283k | +5% | 0.075 | +50% |
Volume Trend Analysis
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Recent Volume is Decreasing
Decreasing trading volume tends to keep stock price range bound in near term.
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ABMB recent daily traded volume is -29.17% lower than past month average.
Past 30-Day | Past 5-Day |
---|---|
24k daily | 17k daily |
Financials
Price History Chart
Past 30-day Average Price: RM2.83
Stock Fundamental Factors
Fundamental factor characteristics help us understand and expect how the stock price will behave in short and long term.
Low PE/Growth
Stocks that market expects weak earning growth potential
Midcap
Stock Thematic Baskets
Usually the more the stock is included in popular themes, the more opportunity for price-driven momentum and better liquidity.
Market News & Investor Opinions
Two Alliance Bank employees test positive for Covid-19
Alliance Bank says an employee at Menara Multi-Purpose is down with Covid-19
Alliance Bank posts lower 2Q net profit of RM103.94m on higher reserves
Alliance Bank says a Taman Connaught office staff contracted Covid-19
Alliance Bank staff tests positive for Covid-19
Alliance Bank successfully issues RM1.2 bil Tier-2 subordinated MTNs
Alliance Bank closes Tawau branch as two workers tested positive for Covid-19
Alliance Bank staff tested positive for Covid-19
Alliance Bank has zero tolerance towards money laundering
Alliance Bank says it has zero tolerance towards money laundering
Stock Company Profile
ALLIANCE BANK MALAYSIA BERHAD
Alliance Bank Malaysia Bhd. engages in the provision of financial services. It operates through the following business segments: Consumer Banking; Business Banking; Financial Markets; Stockbroking and Corporate Advisory; and Others. The Consumer Banking segment provides range of personal banking solutions covering mortgages, term loans, personal loans, hire purchase facilities, credit cards, and wealth management. The Business Banking segment covers small and medium enterprise, corporate, and commercial banking. The Financial Markets segment offers foreign exchange, money market, hedging and investment solutions for banking customers. The Stockbroking and Corporate Advisory segment consists of initial public offering, equity fund raising, debt fund raising, mergers and acquisitions, and corporate restructuring. The Others segment represents other business operations including unit trust, asset management, alternative distribution channels, trustee services, and head office. It also offers Islamic banking, stockbroking services, nominees services, investment advisory services, and related financial services. The company was founded in 1958 and is headquartered in Kuala Lumpur, Malaysia.