Going somewhere
Most people assumed you made money by investing in today’s winner.
But the real money is made when you buy something before anyone else noticing it.
Affin Bank after the latest quarterly seems like that company.
Quarter on quarter revenue growth is 17.9%.
Loans for working capital in absolute amount is RM 856.67 million. In percentage, 8.05%.
Other growth in numbers:
- Purchase of Securities: Grew by RM620.09 million (+12.07%), rising from RM5.14 billion to RM5.76 billion.
- Purchase of Landed Properties (Non-residential): Grew by RM618.90 million (+9.40%), rising from RM6.58 billion to RM7.20 billion.
- Personal Use: Grew by RM554.16 million (+9.76%), rising from RM5.68 billion to RM6.23 billion.
- Purchase of Landed Properties (Residential): Grew by RM514.99 million (+2.20%), rising from RM23.35 billion to RM23.87 billion
And the momentum seems to be continuing.
Datuk Wan Razly Abdullah bin Wan Ali is a man with a plan.
Perhaps it pays to see where he is going.
