AMMB HOLDINGS BHD

KLSE (MYR): AMBANK (1015)

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Last Price

5.34

Today's Change

-0.06 (1.11%)

Day's Change

5.32 - 5.42

Trading Volume

8,457,400


9 people like this.

5,509 comment(s). Last comment by troy88 1 day ago

Posted by Seng Thye Ng > 2017-06-07 11:02 | Report Abuse

follow ryan7642....bought 4.90....test test water..
wish have a good luck....

ivankvs

517 posts

Posted by ivankvs > 2017-06-07 11:05 | Report Abuse

4.80 - any chance ?

sbzk

806 posts

Posted by sbzk > 2017-06-07 11:17 | Report Abuse

so retard this ambank......people already fly high rm6 rm 9, u still below rm5. what the hell are u doing? bank? very lousy

S7R7

225 posts

Posted by S7R7 > 2017-06-07 11:51 | Report Abuse

Ambank must close above 5 to show confidence

S7R7

225 posts

Posted by S7R7 > 2017-06-07 14:36 | Report Abuse

Heard the agreed share price swap is 5.25 for Ambank and RHB. So Ambank still can shoot up by 30cents.

adamant

387 posts

Posted by adamant > 2017-06-07 15:18 | Report Abuse

Rilek lah S7R7. Give it 2 more weeks. It will rise i guarantee you. But gotta shake off the contra players first. Today still not T7 leh.

S7R7

225 posts

Posted by S7R7 > 2017-06-07 15:59 | Report Abuse

But Ambank is not meant for contra players. This one more like E** gone mad

adamant

387 posts

Posted by adamant > 2017-06-07 16:11 | Report Abuse

Ambank not... but ambank C-warrants are. wait for it patiently like how i wait for petronm. It will come. For the mean time being.. I advise u to kutip the warrant Cx. If ambank later chase after RHB price... u will earn double from warrant Cx

S7R7

225 posts

Posted by S7R7 > 2017-06-07 16:36 | Report Abuse

KNN Ambank. Hope it rebounds before closing

S7R7

225 posts

Posted by S7R7 > 2017-06-08 10:03 | Report Abuse

Today is Ambank's 5th continuous trading day in red. Brutal killing.

adamant

387 posts

Posted by adamant > 2017-06-08 10:19 | Report Abuse

T7 bro... tahan tahan tahan tahan. Next monday onward u will see it fly. Look at drb, air asia and petron. All kena slaughter same way. Buy now and u will be laughing 1 week later.

S7R7

225 posts

Posted by S7R7 > 2017-06-08 11:55 | Report Abuse

Monday is public holiday. This type of style not killing contra players but killing long time shareholders.

S7R7

225 posts

Posted by S7R7 > 2017-06-08 11:57 | Report Abuse

No buying support at all. Even 4.90 is broken easily.

S7R7

225 posts

Posted by S7R7 > 2017-06-08 11:59 | Report Abuse

It drop 2-3bids. It's obviously a sign of killing long time shareholders. Up 1bid take ages.

adamant

387 posts

Posted by adamant > 2017-06-08 12:24 | Report Abuse

If u are long term holder this should not shake you up

JJchan

7,182 posts

Posted by JJchan > 2017-06-08 12:31 | Report Abuse

"killing long term investor"----this is epf doing---so that announcement on 30 Aug, 2017 looks good!!----25% upside

S7R7

225 posts

Posted by S7R7 > 2017-06-08 13:15 | Report Abuse

Long term also must not press until over the months gain all lost up due to E** continuous selling. Then makan 0. I am not expecting Ambank to goreng like CIMB but at least there must be handbrake to the decline. Like there's no floor at all. Today break 4.85, then tomorrow break 4.80 or 4.75? Even as a long time shareholder, I will be worried if there's no indication of uprise again.

sbzk

806 posts

Posted by sbzk > 2017-06-08 13:32 | Report Abuse

yeah cant press like that......all will goreng hangus. must put a handbrake, dont make people pengsan pls

Posted by Michael Wong Yew Kong > 2017-06-08 14:10 | Report Abuse

Very temptation to buy in. I have being waiting for a week now.

Posted by Michael Wong Yew Kong > 2017-06-08 14:11 | Report Abuse

The divided is coming in July. should be a good bet.

klse1997

254 posts

Posted by klse1997 > 2017-06-08 14:15 | Report Abuse

EPF want to clear all the contra kaki

Beza

1,847 posts

Posted by Beza > 2017-06-08 14:30 | Report Abuse

4.60 BB

angelo

414 posts

Posted by angelo > 2017-06-08 14:32 | Report Abuse

Buy Ammb-cx for better exposure.

adamant

387 posts

Posted by adamant > 2017-06-08 15:08 | Report Abuse

Finally... S7R7, your floor is formed. Now you can top up tanpa was-was. The moment it hit 4.95 is the moment it will fly.

S7R7

225 posts

Posted by S7R7 > 2017-06-08 15:50 | Report Abuse

If it breaks 4.90, I will buy in more.

Beza

1,847 posts

Posted by Beza > 2017-06-08 16:30 | Report Abuse

4.87-4.88 is locked.

S7R7

225 posts

Posted by S7R7 > 2017-06-08 16:32 | Report Abuse

Wasting time buy and sell those 100 shares etc. Seems they syndicate are just playing buy and sell for fun.

Beza

1,847 posts

Posted by Beza > 2017-06-08 16:35 | Report Abuse

Sellers have a lot of shares to selling, blocking 4.88-4.90. Buyers have no enough bullets to break the wall. Big funds should have broken it.

Beza

1,847 posts

Posted by Beza > 2017-06-08 16:52 | Report Abuse

Seller simply sold 10000 lots in seconds at 4.87. More downside to come.

S7R7

225 posts

Posted by S7R7 > 2017-06-08 16:53 | Report Abuse

Today should be the end of selling pressure. Tomorrow may see rebound to 4.94 level.

adamant

387 posts

Posted by adamant > 2017-06-08 16:54 | Report Abuse

tunggu... sabar. sabar. sabar.

happy888

518 posts

Posted by happy888 > 2017-06-08 21:54 | Report Abuse

When i hunt for spsetia i waited patiently at 3.8. Big players change hand for about 2 weeks before they finally make a good move to 3.94. Sometimes just have to sit and wait it out. Ambank wont die lah.

S7R7

225 posts

Posted by S7R7 > 2017-06-09 09:10 | Report Abuse

Ambank racing towards 4.94 level today

adamant

387 posts

Posted by adamant > 2017-06-09 09:12 | Report Abuse

belum lagi. Nanti dia tukar tangan. Relax... nanti ada satu lagi big announcement untuk dia terbang. So far everything is just appetizer. Kutip dulu.

nicky

3,356 posts

Posted by nicky > 2017-06-09 10:02 | Report Abuse

KUALA LUMPUR: The proposed merger between RHB Bank Bhd and AMMB Holdings Bhd is expected to benefit AmBank group more than RHB,says the latest Moody’s Credit Outlook.

In a research note yesterday, the rating agency said the proposed merger was credit positive for AmBank (M) Bhd (Baa1/Baa1 stable, baa3), AmBank Group’s main operating bank, because its distribution, funding resources and systemic importance would benefit from being part of a larger Malaysian banking group.

“On a standalone credit basis, AmBank’s funding profile is weaker than that of RHB.

“AmBank has a materially smaller market share of domestic deposits and lower percentage of low-cost current and savings account deposits in its deposit mix than RHB.

“We expect the merged entity’s funding profile to be closer to that of RHB, and to gain from the larger scale of their combined and enhanced branch and customer network,” it said.

Moody’s said potential benefits to RHB are discounted by its likely operating challenges to rationalise the organisation structure and infrastructure of the newly-merged entity.

“RHB’s integration of OSK Investment Bank Group (unrated) and other mergers involving Malaysian banks suggest significant challenges, with the realisation of revenue and cost synergies occurring many years after integration.

“In this case, revenue benefits will likely materialise only after the merged entity incurs substantial restructuring expenses,” it added.

Even as Malaysia’s fourth-largest financial group by assets, with a total consolidated assets of RM368 billion, based on March 2017 financials, Moody’s said it did not expect the merged entity to be in a significantly stronger strategic position relative to the top three Malaysian banking groups namely Maybank, CIMB Bank and Public Bank.

However, it said the merger would still enhance the scale of RHB’s operations in Malaysia and give it access to customer and product segments with which AmBank Group has stronger ties, such as the higher-yielding auto-finance segment, investment banking and general insurance. — Bernama

adamant

387 posts

Posted by adamant > 2017-06-09 11:10 | Report Abuse

one more good news and ambank is now in the phase ready to fly.

Beza

1,847 posts

Posted by Beza > 2017-06-09 11:17 | Report Abuse

Block at 4.95 today.

adamant

387 posts

Posted by adamant > 2017-06-09 11:19 | Report Abuse

if announce jeremy coalition wins in UK, there will be no hard brexit. Good for UK and the rest of the world. This is the next news that will catapult this counter.

S7R7

225 posts

Posted by S7R7 > 2017-06-09 12:11 | Report Abuse

Ambank should close at 4.95 for morning session

adamant

387 posts

Posted by adamant > 2017-06-09 12:24 | Report Abuse

manyak degil itu 4.94. Huhuhuhu. Tunggu. Tukar tangan.

S7R7

225 posts

Posted by S7R7 > 2017-06-09 14:55 | Report Abuse

Be the top 5 gainer!

S7R7

225 posts

Posted by S7R7 > 2017-06-09 15:40 | Report Abuse

Close 508-510 range

worldbaba

174 posts

Posted by worldbaba > 2017-06-09 16:15 | Report Abuse

Today close rm5

worldbaba

174 posts

Posted by worldbaba > 2017-06-09 16:21 | Report Abuse

Good buy in time

adamant

387 posts

Posted by adamant > 2017-06-09 16:33 | Report Abuse

Theresa lose majority is a good thing. No more HARD Brexit. Kakakakaka.....

wklee9113

179 posts

Posted by wklee9113 > 2017-06-10 07:26 | Report Abuse

Next Tuesday sure fly high

worldbaba

174 posts

Posted by worldbaba > 2017-06-10 20:22 | Report Abuse

Next Tuesday will have strong rebound

worldbaba

174 posts

Posted by worldbaba > 2017-06-11 20:24 | Report Abuse

US rate hike. Malaysia soon to follow. Further good news for banking industry.

paulthesotong

2,863 posts

Posted by paulthesotong > 2017-06-12 16:14 | Report Abuse

What the name - aka The EPFBank Bhd...

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