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

fmbklci

388 posts

Posted by fmbklci > 2017-09-28 20:39 | Report Abuse

this one cannot la. up take few weeks, down few days only

klse1997

254 posts

Posted by klse1997 > 2017-09-29 08:52 | Report Abuse

New policy NSFR for banking sector by BNM ... dunno how investor would react today

Why_

794 posts

Posted by Why_ > 2017-09-29 15:04 | Report Abuse

RHB, HL Bank can up?

yfchong

5,881 posts

Posted by yfchong > 2017-09-29 22:07 | Report Abuse

Poor thing drop drop drop

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-09-30 20:12 | Report Abuse

Chart 5 year show this is mainly low price. Can buy. Rhb low price around 3.50.. ambank 3.99

wklee9113

179 posts

Posted by wklee9113 > 2017-09-30 21:48 | Report Abuse

Pls keep buying on cheaper price below 4

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-10-01 20:02 | Report Abuse

Read 5 year chart. Almost lower

Posted by shortinvestor77 > 2017-10-01 21:14 | Report Abuse

中国投资合作、全长688公里的东铁计划,今年8月份已进行动土礼,预计在2024年完工。
余耀武说,该计划是政府通过中国融资550亿令吉兴建,其中85%资金由中国进出口银行提供年利3.25%的贷款,其余15%由大马银行通过回教债券集资。
http://klse.i3investor.com/blogs/kianweiaritcles/133962.jsp

emil

1,428 posts

Posted by emil > 2017-10-01 23:30 | Report Abuse

after recent total eclipse and Hurricanes hitting USA, next is market Great Crash is coming??....get out fast!!!
https://www.cnbc.com/2017/09/29/david-stockman-tax-reform-plan-is-pipe-dream-stocks-to-plunge-40-70-percent.html

Beza

1,847 posts

Posted by Beza > 2017-10-02 09:58 | Report Abuse

Do your American dream, emil!

Posted by sourgrape > 2017-10-02 16:08 | Report Abuse

scandals and throw out also no 1 wants muahahaha

gcke

1,359 posts

Posted by gcke > 2017-10-03 12:42 | Report Abuse

Repost the updated news which is good news for the local banking industry.Hopefully,AMMB can play catch up on its stock price with its peers.
2.Presently,ALL the key Technical Indicators are supportive of the trend and momentum moves for the stock price.Does not foresee any adverse global news that can upset or derail its price to advance further.Put on the road to recovery:-)))

Read from source- http://www.thestar.com.my/business/business-news/2017/09/28/bank-negara-to-implement-nsfr-no-earlier-than-jan-1-2019/

Good news for all the local banks trying to raise enough funds for Basel3. Now postponed a year from 1/1/2018 to earliest of 1/1/2019. Downside is they won't offer such good FD rates to raise funds for now.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-10-03 13:21 | Report Abuse

4.4 still can buy. Else rise 4.5 dun keep

gcke

1,359 posts

Posted by gcke > 2017-10-03 17:24 | Report Abuse

Good closing today.The buying rate for the stock is more than the sellers.Tomorrow probably the stock price will trend higher.Cheers for a better day:-)))

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-10-03 17:43 | Report Abuse

regret not buy more on 4.3

klse1997

254 posts

Posted by klse1997 > 2017-10-03 19:59 | Report Abuse

Basel 3 postponed is indeed a good news GCKE

RainT

8,448 posts

Posted by RainT > 2017-10-08 10:21 | Report Abuse

Don't regret la

This Ambank later will drop back to 4.30 ....it cannot sustain at high price

All other bank CIMB, MAYBANK etc already up , this AMBANK still sleeping in the low range price

fmbklci

388 posts

Posted by fmbklci > 2017-10-08 12:21 | Report Abuse

since already drop till 4.30, many people will take profit even at 4.7 or 4.8. this bank useless. will only enter around 4.

cimb, maybank, rhb, pbb, hlb all stand strong at their price, just this stupid bank dropped 10%

jackng06

469 posts

Posted by jackng06 > 2017-10-09 00:48 | Report Abuse

stupid ppl blame on the share price

fmbklci

388 posts

Posted by fmbklci > 2017-10-09 15:00 | Report Abuse

just telling the fact

Posted by fortheemprah > 2017-10-10 16:52 | Report Abuse

Guys, what is wrong with this counter, for real. It's one of the major bank in Malaysia, but everyday, it's being traded like a penny stock.

vews08

494 posts

Posted by vews08 > 2017-10-11 08:25 | Report Abuse

just buy and keep. worth to hold.

vews08

494 posts

Posted by vews08 > 2017-10-11 08:26 | Report Abuse

it fair value should be value at around 5.20

Posted by Allow1978 > 2017-10-11 11:08 | Report Abuse

Very sad, Others Bank like Maybank, CIMB, PBB, RHB all up liao, AMBank up down down then up up a bit then down down again, why like that one :(

sbzk

806 posts

Posted by sbzk > 2017-10-11 13:03 | Report Abuse

this ambank really worst than retard .........

Ibi_chan

455 posts

Posted by Ibi_chan > 2017-10-11 15:58 | Report Abuse

Siau la this ambank

masterus

3,606 posts

Posted by masterus > 2017-10-11 16:49 | Report Abuse

The Chinese government announced plans Wednesday to raise $2 billion from international debt markets, its first such sale in over a decade.

China’s Ministry of Finance said it intends to launch an offering of U.S. dollar sovereign bonds in Hong Kong in coming days.

JJchan

7,182 posts

Posted by JJchan > 2017-10-11 17:13 | Report Abuse

one big fish went in to support price at 4.30 and now started to dispose at 4.450......once 4.50 is
breached it is Bon Voyage to 5.00

fmbklci

388 posts

Posted by fmbklci > 2017-10-11 19:50 | Report Abuse

ambank ma...

McQueen1

23 posts

Posted by McQueen1 > 2017-10-12 09:51 | Report Abuse

drop again....

sbzk

806 posts

Posted by sbzk > 2017-10-12 13:02 | Report Abuse

retard ambank, dont know what to say anymore

klse1997

254 posts

Posted by klse1997 > 2017-10-12 14:29 | Report Abuse

This round will go below 4.3

Posted by fortheemprah > 2017-10-12 14:34 | Report Abuse

Guys, if you see the trade record today, it's so obvious there are parties who are actively pushing the price down. Could be another bank or entity. If Big Fish dispose, the trend won't be lot by lot. The thing is, the big shots within AmBank are not influential enough to do anything about it.

klse1997

254 posts

Posted by klse1997 > 2017-10-12 17:24 | Report Abuse

big boy calling the shot... small boat can do nothing... let it settle down 1st... then re-enter or do DCA

masterus

3,606 posts

Posted by masterus > 2017-10-13 10:13 | Report Abuse

The U.S. stands to save more than $500 million that the government owes to the United Nations by withdrawing from the organization’s cultural heritage arm.

The Department of State announced Thursday that it will officially pull back from the U.N. Educational, Scientific and Cultural Organization (UNESCO) by the end of 2018, taking an inactive observer role rather than that of a contributing member.

Most of Secretary of State Rex Tillerson’s rational for withdrawing stems from the “anti-Israel bias” at UNESCO, but the government is also concerned about about the U.S.’s growing debt to the organization.

“This decision was not taken lightly,” the State Department said in a press release, citing “concerns with mounting arrears at UNESCO, the need for fundamental reform in the organization, and continuing anti-Israel bias at UNESCO.”


The U.S. currently owes the international body $542 million in dues that former President Barack Obama refused to pay starting in 2011 when UNESCO voted to include Palestine as a member. UNESCO is best known for maintaining a list of world heritage sites around the globe, including Stonehenge in the U.K., the Grand Canyon in Arizona, and the historic district of Florence, Italy, but the group also funds international literacy and scientific programs.

When the U.S. government declined to pay its annual dues of more than $80 million out of protest in 2011, UNESCO lost about 22 percent of its yearly budget.

“This is a loss to UNESCO,” Irina Bokova, director general of UNESCO, said in a statement following notification of the U.S.’s withdrawal. “This is a loss for multilateralism.”

America’s involvement in UNESCO is of the utmost importance today, Bokova said, “when the rise of violent extremism and terrorism calls for new long-term responses for peace and security, to counter racism and antisemitism, to fight ignorance and discrimination.”

“In 2011, when payment of membership contributions was suspended at the 36th session of the UNESCO General Conference, I said I was convinced UNESCO had never mattered as much for the United States, or the United States for UNESCO,” Bokova added. “Despite the withholding of funding, since 2011, we have deepened the partnership between the United States and UNESCO, which has never been so meaningful.”

Even without the funding to UNESCO, the U.S. pays $3.3 billion to the U.N. and its various organizations and missions annually, and President Donald Trump has proposed a 40 percent cut to funding.

klse1997

254 posts

Posted by klse1997 > 2017-10-13 12:34 | Report Abuse

Good news for the expansion.. now ambank aggresively hunger for business

JJchan

7,182 posts

Posted by JJchan > 2017-10-13 13:35 | Report Abuse

so what i observed on 11 Oct is correct, epf is selling (9 Oct as stated above) but it is buying again
on 12 Oct----give or take another 2 week, maybe I can see 5.0

JJchan

7,182 posts

Posted by JJchan > 2017-10-13 16:24 | Report Abuse

maybe aiming for 4.50 closing

Posted by fortheemprah > 2017-10-13 18:05 | Report Abuse

Guys, check out the close of trade of AMMB. Two forces at work, one retard trying to push it to 4.46 while another honorable warrior keeping it at 4.47. If only we knew who these forces are.

gcke

1,359 posts

Posted by gcke > 2017-10-13 19:33 | Report Abuse

Technical Indicators:
1.Bursa Index- still bearish even though today's trading volume is better than the last four days.Other major global equity indexes have been up for the major part of this week except Bursa???

2.AMMB analysis
A. Today the stock closed at quite a decent price.Up 5cents from yesterday closing.
B.All the Technical Price Indicators- Moving Averages(MA), Moving Average Convergence Divergence(MACD),Relative Strength Index(RSI),stochastic are all in the positive and supportive of the price.
C.The MACD line is still above the signal line showing upward trend with good buying momentum.
D.The RSI is still in the neutral zone and stochastic is positive.

Outcome: Barring sudden geo-political development in North East Asia involving renewed antagonism between Kin and Trump and North Korea did not test-fire an array of short-range rockets the stock price should be well supported and the momentum for uptrend is still intact.
Hopefully the price at 4.50 can be breached during next trading days with the national Budget 2018 set to be announced on 27 October 2017.Don't disappoint the holders and buyers of the stocks:-)))

limch

3,262 posts

Posted by limch > 2017-10-14 12:43 | Report Abuse

AmBank set sights onto business banking expansion in Sarawak
http://www.theborneopost.com/2017/10/13/ambank-set-sights-onto-business-banking-expansion-in-sarawak/

gcke

1,359 posts

Posted by gcke > 2017-10-14 17:01 | Report Abuse

Read the latest news on North East Asia.Source- http://www.straitstimes.com/asia/east-asia/north-korea-readies-missile...

RainT

8,448 posts

Posted by RainT > 2017-10-15 11:22 | Report Abuse

Actually now Ambank share price is below its Net assets per share value

Wait it drop more to collect and keep

RainT

8,448 posts

Posted by RainT > 2017-10-15 11:22 | Report Abuse

Share price < Net assets per share

UncleJ

76 posts

Posted by UncleJ > 2017-10-15 16:51 | Report Abuse

Good buy. If us central bank raise interest rate the Malaysia central bank will follow suit. When central bank raise interest rate , banks will follow suit. When this happend banks profit will goes up. Ambank is the most undervalued bank.

fmbklci

388 posts

Posted by fmbklci > 2017-10-15 17:24 | Report Abuse

increase interest rate will reduce borrowing as well

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-10-15 19:01 | Report Abuse

Bank raise interest rate to fishing investor put money in bank rather ln other investment. Bank business will good

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