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 > 2018-02-23 17:01 | Report Abuse

KUALA LUMPUR: AmInvestment Bank Bhd bagged four prestigious awards at the 11th Best Deal

fmbklci

388 posts

Posted by fmbklci > 2018-02-25 17:54 | Report Abuse

this counter tak boleh la...lousy bank

fmbklci

388 posts

Posted by fmbklci > 2018-02-25 17:55 | Report Abuse

look at rhb, cimb, maybank, public bank. then look at this. still at last time range. others all at new high

enning22

2,933 posts

Posted by enning22 > 2018-02-27 11:10 | Report Abuse

this bank needs to cut off the excessive fats. ie reduce many many high pay senior staff, in order to be competative, and turns in good profits.

Beza

1,847 posts

Posted by Beza > 2018-02-27 14:59 | Report Abuse

Pls sell your holding. No shares don't talk cock here. For pure investors with holding, most welcome.

Posted by Kit Kit Kent > 2018-02-27 20:06 | Report Abuse

ISSUANCE OF RM325 MILLION SUBORDINATED NOTES PURSUANT TO THE SUBORDINATED NOTES
PROGRAMME OF UP TO RM10.0 BILLION (SUBORDINATED NOTES PROGRAMME)
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

Posted by shortinvestor77 > 2018-02-27 21:41 | Report Abuse

Normal issuance of notes/bonds.

Beza

1,847 posts

Posted by Beza > 2018-02-28 14:36 | Report Abuse

7.28 cents net profit. Chia Lat!

cckkpr

219 posts

Posted by cckkpr > 2018-02-28 15:56 | Report Abuse

Sulaiman should quit the bank. Bringing the bank further downhill. Your dumb policies are killing the bank and making the investors suffer. We need a guy from Sg to save Ambank ma.Look at Alliance and Hong Leong. Hopelessly useless guy with no banking foresight.

Posted by Michael Wong Yew Kong > 2018-02-28 16:05 | Report Abuse

what is wrong with this counter. ??

ZeaXG

303 posts

Posted by ZeaXG > 2018-02-28 16:19 | Report Abuse

feels like over-reaction. I think the bank is making over provision for impairments. Should be a buying opportunity.

enning22

2,933 posts

Posted by enning22 > 2018-02-28 17:05 | Report Abuse

A total of 1123 applications were approved, representing 12% of the Group’s permanent workforce. Employees whose applications were accepted will be released in batches between January and June 2018 in order to ensure a smooth transition process. Payout for the MSS is estimated at RM128 million. ---------- meaning firing 1123 workers in this bank.

zero

525 posts

Posted by zero > 2018-02-28 18:44 | Report Abuse

1MDB crackdown started?

snwong13

724 posts

Posted by snwong13 > 2018-02-28 20:09 | Report Abuse

,
Yes, ask the staff. they will tell you how their bank runs today for tomorrow.
small portion approved for mss, again ask the staff, how many had applied?
if they loves the bank so much, why so many applied?
good luck!!

Posted by Tedinvestor > 2018-02-28 20:20 | Report Abuse

Worst banking stock in the industry. I'm selling my holding. Really fxxking mistake to invest in ambank

nicky

3,356 posts

Posted by nicky > 2018-02-28 21:10 | Report Abuse

Over reacted... will bounce back tomorrow for sure. Time to sapu

ML Corp

58 posts

Posted by ML Corp > 2018-02-28 21:14 | Report Abuse

buy morela........ apa mau takut??

Posted by Yong Hui Lee > 2018-02-28 21:17 | Report Abuse

High revenue YOY but lower profit. Is it because of payout due to MSS scheme?

Posted by Tedinvestor > 2018-02-28 21:33 | Report Abuse

Over react? Don't fool yourself. I'm buying cimb after I depose my stupid ambank. Hopeless no point waiting while others banking stocks are rising.

Sanofi

577 posts

Posted by Sanofi > 2018-02-28 21:53 | Report Abuse

Have you ever been to Ambank branch? pls go one and sit for 3 to 4 hours, see what you can get!

joannelim

412 posts

Posted by joannelim > 2018-02-28 22:16 | Report Abuse

buy

Posted by BetulBetulAlibaba > 2018-02-28 22:40 | Report Abuse

buy

Posted by BursaTornado > 2018-02-28 23:37 | Report Abuse

Nope. MSS start from Jan till June.

@Yong Hui Lee High revenue YOY but lower profit. Is it because of payout due to MSS scheme?

Posted by BursaTornado > 2018-02-28 23:40 | Report Abuse

Abang. Jika you nampak message ini, kasi la dividen sikit. 2 sen pun cukup la.

UncleJ

76 posts

Posted by UncleJ > 2018-03-01 05:50 | Report Abuse

Share price oversold. Good time to buy

nicky

3,356 posts

Posted by nicky > 2018-03-01 08:55 | Report Abuse

RM4.12 pre open///

Posted by Michael Wong Yew Kong > 2018-03-01 09:08 | Report Abuse

how low it want to go ?

Posted by Michael Wong Yew Kong > 2018-03-01 09:08 | Report Abuse

bought at 4.12

Beza

1,847 posts

Posted by Beza > 2018-03-01 09:10 | Report Abuse

Retrenchment fees will be reflected in the next quarter to come, so the next Q4 result is not good as well. If next Q4 result records also 7 cents net profit, this bank will worth at most RM3.40 or lower. Advice you to sell while above RM4.

Posted by Michael Wong Yew Kong > 2018-03-01 09:16 | Report Abuse

Ya ke. like this BIMB only worth rm2 and MBSB only worth 50cent ??

Beza

1,847 posts

Posted by Beza > 2018-03-01 09:18 | Report Abuse

If bank business do well, its share price can go to PE10-15. But if it is not doing well, Mr Market gives PE far < 10.

ZeaXG

303 posts

Posted by ZeaXG > 2018-03-01 10:08 | Report Abuse

Queueing at 4.05, hope can get lucky :)

casanwk

1,496 posts

Posted by casanwk > 2018-03-01 10:16 | Report Abuse

next fomc meeting 20-21 march2018
will major index melt all d way to meeting?
note:nasdaq index- distribution(by smart money) above average volume already started 0n 25/1
day/swing trade with care!

cckkpr

219 posts

Posted by cckkpr > 2018-03-01 10:29 | Report Abuse

The worse performance in the history of Ambank.All other banks are reporting positive results including Affin and Alliance which are smaller units. Even MBSB also reporting better results. A change in leadership is warranted.

eYuppie

403 posts

Posted by eYuppie > 2018-03-01 10:46 | Report Abuse

Do you think that it will rebound back to 4.60 before GE14?

sell

2,456 posts

Posted by sell > 2018-03-01 11:03 | Report Abuse

Agree. 4.14 a sell. Buy back 3.5 or lower.

Beza If bank business do well, its share price can go to PE10-15. But if it is not doing well, Mr Market gives PE far < 10.
01/03/2018 09:18

sell

2,456 posts

Posted by sell > 2018-03-01 11:04 | Report Abuse

EPF sold a lot. After QR EPF sell more?

KingsMan

181 posts

Posted by KingsMan > 2018-03-01 11:05 | Report Abuse

Looks like the bank is cleaning up it's books by way of aggressive impairment judging from the strong revenue the bank is recording. Hope it will not repeat in next quarter

sell

2,456 posts

Posted by sell > 2018-03-01 11:06 | Report Abuse

Azman Hashim old ady you think can change?

cckkpr The worse performance in the history of Ambank.All other banks are reporting positive results including Affin and Alliance which are smaller units. Even MBSB also reporting better results. A change in leadership is warranted.
01/03/2018 10:29

nicky

3,356 posts

Posted by nicky > 2018-03-01 11:10 | Report Abuse

May be ask China Bank to acquire Ambank...LOL

hatson

72 posts

Posted by hatson > 2018-03-01 14:21 | Report Abuse

Kesm is a good buy. After the recent AMG, the outlook is very good. It is likely to surhe after the next QR announcement. CIMB's top pick.

casanwk

1,496 posts

Posted by casanwk > 2018-03-01 16:49 | Report Abuse

stock price at trendline and support line
will it break or find support?

Posted by Tedinvestor > 2018-03-01 20:17 | Report Abuse

Falling off the cliff. Or you may describe it as falling knife. Commit suicide

nicky

3,356 posts

Posted by nicky > 2018-03-01 21:24 | Report Abuse

AMMB Holdings Bhd forms bullish "Inverted Hammer" chart pattern
Mar 01, 2018

Recognia has detected an "Inverted Hammer" chart pattern formed on AMMB Holdings Bhd (1015:MYX). This bullish signal indicates that the stock price may rise from the close of 4.080.

Tells Me: The recent decline is approaching its bottom, as the balance between buyers and sellers evens out and there's an attempt (though failed) at higher prices. The Inverted Hammer appears during a downtrend with a long upper shadow reflecting an attempt a higher prices, and a small real body at the lower end of the range reflecting an evening out of the balance between buyers and sellers as the bears have lost some control. The price may have reached a bottom and ready to turn higher.

This bullish pattern can be seen on the following chart and was detected by Recognia proprietary pattern recognition technology.

nicky

3,356 posts

Posted by nicky > 2018-03-01 21:27 | Report Abuse

All research houses give TP RM470- RM5.00 y u all so scared ?? Time to buy not sell

ML Corp

58 posts

Posted by ML Corp > 2018-03-01 22:50 | Report Abuse

only pondans will sell such cheap and valuable counter!!!

casanwk

1,496 posts

Posted by casanwk > 2018-03-02 09:33 | Report Abuse

bouncing around
no momentum!

meistsk3134

2,368 posts

Posted by meistsk3134 > 2018-03-02 09:38 | Report Abuse

tp rm5? dreaming

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