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 shortinvestor77 > 2017-08-24 15:54 | Report Abuse

I collected
20200 units in total now.

JJchan

7,182 posts

Posted by JJchan > 2017-08-24 15:57 | Report Abuse

just remisiers playing....vol small....the party will be over once EPF or KWAP comes in

JadeSchira

544 posts

Posted by JadeSchira > 2017-08-24 15:58 | Report Abuse

I have 83000 shares. Hope up

8085208

241 posts

Posted by 8085208 > 2017-08-24 15:59 | Report Abuse

jade, cut loss, still long way to drop

kitloon

15 posts

Posted by kitloon > 2017-08-24 16:00 | Report Abuse

good buy at this discounted price...good for long term investment..

Posted by helloworld123 > 2017-08-24 16:11 | Report Abuse

respectable earnings report.

deddymines

599 posts

Posted by deddymines > 2017-08-24 16:15 | Report Abuse

4.50 block. Need to pass that

JadeSchira

544 posts

Posted by JadeSchira > 2017-08-24 16:34 | Report Abuse

Buy another 30lots at 4.52

Alex Foo

12,594 posts

Posted by Alex Foo > 2017-08-24 16:36 | Report Abuse

i have a feeling...

Posted by Seng Thye Ng > 2017-08-24 16:36 | Report Abuse

Q result out..... still high profit......
all cause from ANZ........dump.......

Alex Foo

12,594 posts

Posted by Alex Foo > 2017-08-24 16:39 | Report Abuse

haiz, looks like no show today.

Traderx

173 posts

Posted by Traderx > 2017-08-24 16:55 | Report Abuse

well done. AMMB. !!

JJchan

7,182 posts

Posted by JJchan > 2017-08-24 16:59 | Report Abuse

It is all a show.....all sellers disappeared from every leves after 4:50pm....still believe it is a group
of remisier " cari makan " ( slow trading days ----got to con some money for Lunch )

deddymines

599 posts

Posted by deddymines > 2017-08-24 17:19 | Report Abuse

Negative news for banking sector but JP Morgan expects ambank and rhb to rebound!

http://www.theedgemarkets.com/article/failed-rhbammb-merger-negative-profitability-msian-banks-%E2%80%94-jp-morgan

gsi723

907 posts

Posted by gsi723 > 2017-08-24 18:39 | Report Abuse

ANZ wanna dump, but do u think it will dump cheap for a profit making entity..?
The fool dump provide an opportunity to add more....

Posted by shortinvestor77 > 2017-08-24 20:48 | Report Abuse

AMMB (Trading Buy, TP: RM5.40): Sale of ANZ stake scrapped as RHB deal collapses. Australia and New Zealand Banking Group Ltd’s (ANZ) plans to sell its stake in AMMB Holdings (AmBank) have fallen through after a proposed acquisition of the Malaysian lender by a domestic rival was scrapped, sources familiar with the matter said. ANZ had been in talks to sell a 24% holding, worth around USD790m (RM3.4bn) at current market prices, to a Malaysian pension fund KWAP. But the failure of AMMB and its bigger rival RHB Bank to agree on terms had also scuttled this deal, the sources said. (Reuters)

deddymines

599 posts

Posted by deddymines > 2017-08-24 21:38 | Report Abuse

Extremely undrevalued. Dato Sulaiman will drive ambank to the top.

http://www.theedgemarkets.com/article/ambanks-net-interest-income-lifts-1q-net-profit-16

PE 10x compared to average top malaysian banks 14x-15x

Posted by helloworld123 > 2017-08-25 08:54 | Report Abuse

any dividends declared for this qtr?

mxlitfly

63 posts

Posted by mxlitfly > 2017-08-25 09:04 | Report Abuse

I believe i can flyyy..........

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-08-25 09:21 | Report Abuse

Start flying

JadeSchira

544 posts

Posted by JadeSchira > 2017-08-25 09:39 | Report Abuse

Still selling pressure. WTF!

mxlitfly

63 posts

Posted by mxlitfly > 2017-08-25 09:43 | Report Abuse

wahhh....the same group of seller still there kaaa......power222.......

willc48

723 posts

Posted by willc48 > 2017-08-25 09:58 | Report Abuse

Ambank stuck! No more local bank player keen to buy stakes in ambank with ANZ reducing its shares & politicking going on in umno govt on BNM to perserve as a bumi bank. Expect AmBank shares to drop back around RM4 despite continued innovation on products services but if not focus in the past, it just another white elephant hitting the Capex.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-08-25 10:06 | Report Abuse

Walao

Posted by Seng Thye Ng > 2017-08-25 10:30 | Report Abuse

now no point.......let them settle with ANZ..........need time........just dont know the lowest price ??
ANZ price is 4.50..............so far keep it minimun at average 4.50

sbzk

806 posts

Posted by sbzk > 2017-08-25 10:44 | Report Abuse

lousy bank, just go to hell better........

JadeSchira

544 posts

Posted by JadeSchira > 2017-08-25 10:53 | Report Abuse

My personal view is today might be the last day of selling pressure.

assthrow

129 posts

Posted by assthrow > 2017-08-25 11:43 | Report Abuse

If sellers do not emerge in the afternoon session like how they did in last 2 days, I would be start buying......

Traderx

173 posts

Posted by Traderx > 2017-08-25 12:06 | Report Abuse

there are few strong individual pressing the price down, the chart is very attractive but not everyone can endure the pressure. Next week should be better.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-08-25 12:54 | Report Abuse

News release profit

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-08-25 12:54 | Report Abuse

Can try buy few lot

abang_misai

2,581 posts

Posted by abang_misai > 2017-08-25 12:58 | Report Abuse

Highest upside

funkyway

630 posts

Posted by funkyway > 2017-08-25 13:02 | Report Abuse

can buy now? or should wait for cheaper?

Jupiterang

214 posts

Posted by Jupiterang > 2017-08-25 13:04 | Report Abuse

This counter appears very very cheap to me. I m convinced by the top management of ambank that Ambank is serious in doing business by demonstrating good profit with the latest financial report. Ambank has very solid fundamental. Upside is more compared with other banks.

YSL888

12 posts

Posted by YSL888 > 2017-08-25 13:14 | Report Abuse

When orthers are fearful, we must be greedy.
Buy

curious2

1,812 posts

Posted by curious2 > 2017-08-25 13:16 | Report Abuse

RM 4.3-4.4 next week?

Posted by meiling0809 > 2017-08-25 13:40 | Report Abuse

another rubbish stock that I hold!!!!

Posted by shortinvestor77 > 2017-08-25 13:45 | Report Abuse

Don't come here, short-sighted melling0809, you will become rubbish when you are here. Go away!

Posted by shortinvestor77 > 2017-08-25 13:46 | Report Abuse

Result is out. You are right, YSL888.

Posted by meiling0809 > 2017-08-25 14:54 | Report Abuse

what i want is only earn money, i like to say the stock is rubbish if i cant make money from there!

kf911

45 posts

Posted by kf911 > 2017-08-25 15:13 | Report Abuse

you need to hold in order to earn. unless you can always predict the lowest point.

JadeSchira

544 posts

Posted by JadeSchira > 2017-08-25 15:20 | Report Abuse

Concurred. It doesn't make sense why a good stock like Ambank being punished everyday. I don't think big fund managers are blind not to spot it. Hope we are not comforting ourself everyday.

funkyway

630 posts

Posted by funkyway > 2017-08-25 15:25 | Report Abuse

yaaaa... thats why scared to enter eventhough it looks so cheap.

Traderx

173 posts

Posted by Traderx > 2017-08-25 15:31 | Report Abuse

:D strong believer are welcome, enjoy paper loss.

Traderx

173 posts

Posted by Traderx > 2017-08-25 15:33 | Report Abuse

Respect if can go down to 4.4.

JadeSchira

544 posts

Posted by JadeSchira > 2017-08-25 15:38 | Report Abuse

Is this counter allowed for shortselling activities?

Alex Foo

12,594 posts

Posted by Alex Foo > 2017-08-25 15:41 | Report Abuse

@JadeSchira yes. 17 RSS Vol for now. But couldn't detect how much per Vol. 5000 lot?

Alex Foo

12,594 posts

Posted by Alex Foo > 2017-08-25 15:42 | Report Abuse

stage 1- things look terrible

JadeSchira

544 posts

Posted by JadeSchira > 2017-08-25 16:04 | Report Abuse

It seems the shorttselling activities receive green light from other substantial shareholders. You can barely see any strong intervention to push back the price up. Very dirty game.

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