Posted by DividendGuy67 > 2024-05-28 02:32 | Report Abuse

A simple fundamental metric I sometimes look at is EPS/RPS, a proxy for Profit Margin (I look at many things, this is just one of many). Using their latest reported FYE:
a. MAYBANK = 77.5 sen / 534 ~ 15%
b. PBBANK = 34.3 sen / 131 ~ 26% (higher than MAYBANK - expected).
c. AMBANK = 56.4 sen / 140 ~ 40%! Too good to be true???
Anyone has any bank comparative insights into the 40% figure?
Will be going overseas for holidays for a fortnight, no time to look closer.
Previously traded using Technical Analysis only on AMBANK (and did decently, catching the buys around 3.26 and selling around 4.12), but now looking harder at the fundamentals especially after the 1MDB one-time massive billion $ provisions at FYE2021, for longer term holdings till end of bull market.
I am considering owning on weakness for these reasons: 1. Additional diversification to my already well diversified portfolio. 2. Wanting to tilt slightly to a higher bank sector weighting. 3. Potential to revalue towards P/BV > 1 at peak of bull market. 4. Decent dividend yield. 5. If EPS grows, DPS should grow.
However, I don't yet understand that 40% figure - so, for now, will only consider taking 1/5th of a neutral position (if neutral is around 2.5%-3% capital per position, this one is probably 0.5% or so for now), as still under research and construction - no rush I am patient to spend months building up a position. The long term technical setup is interesting ... but would like to better understand why 40% .... Appreciate if the AMBANK experts can share insights to the 40% vs other major banks ...

Posted by troy88 > 2024-05-28 09:28 | Report Abuse

Good result, good dividend. Much better than PBB

Posted by thye82 > 2024-05-28 14:31 | Report Abuse

PBB is the most useless and rubbish bank on earth....

Posted by Pinky > 2024-05-28 15:07 | Report Abuse

@DividendGuy67 u should compare to

Alliance 32.59% margin
https://klse.i3investor.com/web/stock/overview/2488

Posted by Pinky > 2024-05-28 15:08 | Report Abuse

Still yes, AmBank is good

Posted by speakup > 2024-05-28 21:23 | Report Abuse

@Pinky,
Ambank is not good...... it is VERY GOOD!

Posted by speakup > 2024-05-28 21:24 | Report Abuse

speakup still holding Ambank @ 2.70

Posted by Pinky > 2024-05-29 08:56 | Report Abuse

@speakup
Good for u
My average AmBank cost 3.50

Posted by orbiter > 2024-05-31 16:08 | Report Abuse

Ambank always good

Posted by BursaMaster121212 > 2024-06-02 05:28 | Report Abuse

Yes, i agreeee..

Always full of scamsss

Posted by MalaysiaEquityGuide > 2024-06-03 23:40 | Report Abuse

https://youtu.be/Tx3xLTmxU1s
banking sector small comparison

Posted by troy88 > 2024-06-06 09:47 | Report Abuse

Ambank worth at least above 4.60

Posted by paperplane > 2024-06-06 23:34 | Report Abuse

EPF likely to revive the talk on merger RHB-AMBANK again??? another MEGA banks coming? Include MBSB also same umbrella, will be GIGANTIC

Posted by skybursa > 2024-06-09 13:49 | Report Abuse

Merger is not easy because its involved a lot of major shareholders. Unless EPF increased their shareholding ambank to above 30%. The largest shareholders had a bigger says

Posted by troy88 > 2024-06-18 10:04 | Report Abuse

This bank stock steady, no worries just collect nice dividend..

Posted by chickenriceseller > 2024-06-18 10:04 | Report Abuse

rhb ambank merger will be a silly one. no synergies.

Posted by Thirai Thiraviam > 2024-06-18 10:58 | Report Abuse

@troy88:
> Ambank worth at least above 4.60

Ambank's tangible book value per share for the quarter ending in March 2024 was RM5.75. At the current price, it is trading at a price-to-tangible book ratio of 0.74. This value is on the lower side compared to Ambank's history over the last 10 years. Its tangible book ratio has ranged from as high as 1.73 to as low as 0.59.

Posted by Pinky > 2024-06-18 11:37 | Report Abuse

I also wouldn't want RHB. AmBank standalone better

Posted by Pinky > 2024-06-25 10:44 | Report Abuse

AmBank really kuat. Ex dividend so fast climbed back up to cum dividend price

Posted by troy88 > 2024-06-26 11:41 | Report Abuse

Yes, between Ambank and PBB, Ambank is clearly the better choice. Better dividend and stronger share performance

Posted by troy88 > 2024-07-11 09:41 | Report Abuse

Uptrend intact to RM5

Posted by speakup > 2024-07-16 21:13 | Report Abuse

https://theedgemalaysia.com/node/719244
besok Limit Up!

Posted by Bursino > 2024-08-01 15:05 | Report Abuse

Forgotten counter? 😁

Posted by Pinky > 2024-08-01 16:10 | Report Abuse

Good. Quietly creeping up

Posted by pang72 > 2024-08-13 11:59 | Report Abuse

.... $5....

Posted by pang72 > 2024-08-13 11:59 | Report Abuse

The next cimb in brewing

Posted by speakup > 2024-08-13 12:48 | Report Abuse

Yes still holding my 2.70
Ini kalilahhhhhhh

Posted by Pinky > 2024-08-13 13:05 | Report Abuse

Low PE
Improving ROE

AmBank is the star!

Posted by Bursino > 2024-08-13 14:37 | Report Abuse

On the way to achieve Rock Star satus.

Posted by speakup > 2024-08-13 15:23 | Report Abuse

Today opportunity to buy cheap

Posted by pang72 > 2024-08-13 15:42 | Report Abuse

I thought speakup will say why didn't buy at $2.70?

Posted by pang72 > 2024-08-13 17:07 | Report Abuse

Today breaking 3 years high at $4.60

Posted by troy88 > 2024-08-14 10:12 | Report Abuse

Still on track to climb to RM5. Slow and steady..

Posted by pang72 > 2024-08-14 12:55 | Report Abuse

Turnaround bank from 1mdb to 1madani

Posted by speakup > 2024-08-14 13:27 | Report Abuse

Hahaha sifu pang 😎

Posted by pang72 > 2024-08-15 14:55 | Report Abuse

Speakup sifu never ask us buy $2.70 meaning $4.60 is still cheap lo:)

Posted by pang72 > 2024-08-15 14:56 | Report Abuse

Next destination is $5 liao lo

Posted by pang72 > 2024-08-15 19:51 | Report Abuse

$4.58 for whole day and last 15mins shoot up to $4.66 closing.
Ini la called strong mah!!

Posted by speakup > 2024-08-15 21:42 | Report Abuse

Ini la called Polish the CI to hide the sh*t in the broader market

Posted by pang72 > 2024-08-15 22:10 | Report Abuse

I do agree that bluechip is fundamentally strong to boost CI, however mojority shit stocks are crashing from recent Cape to spsetia.... (760 stocksin red today!!)

Posted by pang72 > 2024-08-15 22:13 | Report Abuse

https://www.sinchew.com.my/news/20240815/nation/5843118?fbclid=IwY2xjawEq6_VleHRuA2FlbQIxMQABHXQ0E0Zda72xwWSHYpk8fGURqxXSbVUOb3jO8fi3E0VFrahtya_HnmpVow_aem_UdtvMJJTMOyL-RQH9Jcukg

Market broadly influenced by great sifus for fast money!!
Dividend stocks are fast money. So, it is not in scammers listing.

Posted by pang72 > 2024-08-15 22:13 | Report Abuse

Stay vigilant, invest wisely

Posted by pang72 > 2024-08-16 10:41 | Report Abuse

$5 on the way..
Slow and steady uptrend like Sotong!

Posted by pang72 > 2024-08-16 10:42 | Report Abuse

By closing will back to $4.66 or higher..
This is ammb...

Posted by pang72 > 2024-08-16 12:08 | Report Abuse

$4.66 liao..

Afternoon section is your turn to fly

Posted by pang72 > 2024-08-16 16:56 | Report Abuse

Steady bro..
Up 1c to $4.67

Posted by pang72 > 2024-08-16 17:53 | Report Abuse

https://klse.i3investor.com/web/pricetarget/research/72162

RHB tp $5.50

Posted by troy88 > 2024-08-19 12:18 | Report Abuse

Nice. Should surpass RM5

Posted by Pinky > 2024-08-19 15:42 | Report Abuse

Finally my faith in AmBank is rewarded!

Posted by pang72 > 2024-08-19 16:55 | Report Abuse

$4.89 up 22c...

Bank of Ahjib turns Bank of Madani..

Mantap:)

My black horse is running like black horse TODAY!!!