AMMB HOLDINGS BHD

KLSE (MYR): AMBANK (1015)

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Last Price

5.40

Today's Change

+0.15 (2.86%)

Day's Change

5.23 - 5.43

Trading Volume

26,168,400


9 people like this.

5,509 comment(s). Last comment by troy88 13 hours ago

Louise4

389 posts

Posted by Louise4 > 2021-03-04 09:00 | Report Abuse

limit down

Havefun

384 posts

Posted by Havefun > 2021-03-04 09:21 | Report Abuse

Hahaha never happen for today and I am surprised it opened green

Posted by Snowpiercer > 2021-03-04 09:35 | Report Abuse

strong

Posted by Snowpiercer > 2021-03-04 09:36 | Report Abuse

way below book

yfchong

5,881 posts

Posted by yfchong > 2021-03-04 09:44 | Report Abuse

Camel stay strong u need red bull i guess your double hump can stay you thru...

Nepo

3,430 posts

Posted by Nepo > 2021-03-04 09:49 | Report Abuse

Now i only know..
Yesterday is the real bottom fishing day for AMMB..
The day that occurred once in a life time..

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2021-03-04 09:51 | Report Abuse

Seems like just s technical rebound. Think got to sell when reach back 3

Posted by rocky59927 > 2021-03-04 09:55 | Report Abuse

Everybody talk about how detrimental 1MDB was. But reality is that ever since pandemic people have been scraping and fighting for their own livelihood, do you really think people are still haunted by ghost of the past ? its time to move on. this is an institutional firm that dropped to an 11 year low yesterday and people still want it to crash and burn more for their own greed.

ZeaXG

303 posts

Posted by ZeaXG > 2021-03-04 09:58 | Report Abuse

Limit down anytime now right, guys?? Guys?

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2021-03-04 10:09 | Report Abuse

Do you all notice yesterday volume is 101 million yet only drop 10 percent. Someone is buying but not sure who

Posted by Snowpiercer > 2021-03-04 10:16 | Report Abuse

golden opportunity if you missed the one yesterday

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2021-03-04 10:19 | Report Abuse

I didn't miss that. But the one who bought lowest 2.600 indeed very good. My entry price 2.8

Posted by StockGodFatt > 2021-03-04 10:26 | Report Abuse

eventually it will go back to 3.00 maybe tomorrow or in the afternoon session after BNM announce no OPR cut

Havefun

384 posts

Posted by Havefun > 2021-03-04 10:32 | Report Abuse

Or drop if BNM announce OPR cut

Cojack31

1,673 posts

Posted by Cojack31 > 2021-03-04 10:37 | Report Abuse

Now pricing buyer very strong.. Will fly above rm 3 after lunch.. Ambank... If other counter ..drown already...

Cojack31

1,673 posts

Posted by Cojack31 > 2021-03-04 10:39 | Report Abuse

Slowly slowly up...difficult to get below 2850 anymore

Posted by sink or swim .. > 2021-03-04 10:41 | Report Abuse

time to move to better banks ...
it costs a lot not to have integrity...

Posted by rocky59927 > 2021-03-04 10:46 | Report Abuse

If you think the share market moves based on integrity then you better think twice before buying shares, just my 2 cents.

speakup

27,047 posts

Posted by speakup > 2021-03-04 10:52 | Report Abuse

speakup Q buy 2.50
look like cannot get cos tooo many ppl like ambank buying ambank

Cojack31

1,673 posts

Posted by Cojack31 > 2021-03-04 10:55 | Report Abuse

Support very strong. .later no more below rm 3

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2021-03-04 11:03 | Report Abuse

Is not I like ambank haha. But just feels like is a bargain buy. Just a hedge of my portfolio. I don't normally buy bank unless there's bargain call.

stevenckheng

1,350 posts

Posted by stevenckheng > 2021-03-04 11:04 | Report Abuse

this settle cost Ambank 90Cents per share, so fair value RM2 ?

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2021-03-04 11:05 | Report Abuse

Fair value is 2.2 after 1MDB settlement

Pang

269 posts

Posted by Pang > 2021-03-04 11:11 | Report Abuse

super low PE compare

Posted by prudentinvestor > 2021-03-04 11:19 | Report Abuse

Above RM3 soon, maybe later today.

Posted by melanie1818181818 > 2021-03-04 11:23 | Report Abuse

Laugh die me to read the comments here
Buy shares is 1+1? Before settlement 3.2 minus settlement 1.0 so ‘fair value‘ is 2.2?
Fulamak!! No need look at other variables and market conditions, these noobs very pandai

Posted by Snowpiercer > 2021-03-04 11:27 | Report Abuse

Book RM5.50 net of RM1 fine...... way undervalue

maxx papa

78 posts

Posted by maxx papa > 2021-03-04 11:28 | Report Abuse

Today BNM will announce the new OPR. If OPR cut, will the bank suffer?

Nepo

3,430 posts

Posted by Nepo > 2021-03-04 11:30 | Report Abuse

My opinion is it will stay around RM 2.90-RM 3.00 for a long long long time..before next good news announce (if bad news then down lor). Congratulation to those Smart guys who bottom fishing yesterday..

OkieDokie

197 posts

Posted by OkieDokie > 2021-03-04 11:41 | Report Abuse

waloa, 2.80 really seem like a good buy.
I wonder how it could recover so fast ?

IvanC

669 posts

Posted by IvanC > 2021-03-04 11:42 | Report Abuse

OPR confirm maintain

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2021-03-04 11:43 | Report Abuse

There's what the research house said after settlement the fair value is 2.2. Although there are some market conditions to take in consideration and something. Of course they merely calculate the price based on current figure.

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2021-03-04 11:44 | Report Abuse

haha you never able to buy the lowest one la. This is how stock plays. Timing is our worse enemy haha

yingzhe17

878 posts

Posted by yingzhe17 > 2021-03-04 11:45 | Report Abuse

Wait , these few days got henchmen

OkieDokie

197 posts

Posted by OkieDokie > 2021-03-04 11:46 | Report Abuse

Yesterday volume was 100 over million.
Let's see what is today trading volume at end of the day.

I think this is a good case study. I will observe the trending for a week and work out a mathematical model .

Posted by rocky59927 > 2021-03-04 11:47 | Report Abuse

can you show which research house gave TP 2.2?

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2021-03-04 11:50 | Report Abuse

Ya don't know who buying yesterday. That's why raise concern to SC securities for investigation.

At around last high 3.4, even their own insider is disposing that time. Then after 1mdb scandal, ambank halt the trading for 2 days. Next day trading the volume spike up a lot compared to past history.

Too much drama haha.

Cojack31

1,673 posts

Posted by Cojack31 > 2021-03-04 11:52 | Report Abuse

Buy buy. If not u will missed below rm3 price

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2021-03-04 12:02 | Report Abuse

Can't find back the link. Is one article mentioning that. This will trade around 2.5 ~ 2.9 for now guess.

Posted by foreign_fund > 2021-03-04 12:27 | Report Abuse

2.8 bil AMMB must pay why must up?

Pandu1

1,080 posts

Posted by Pandu1 > 2021-03-04 12:32 | Report Abuse

2.8 bil for sonebody kh? Kah kah kah.

JL9999

27 posts

Posted by JL9999 > 2021-03-04 12:42 | Report Abuse

Drop back already TT..

staind86

291 posts

Posted by staind86 > 2021-03-04 12:43 | Report Abuse

Fines kena ad.
Settlement kena ad.
Share price drop ad. Now trading way belong nta.
What else to worry?

Potential m&a target got la.

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2021-03-04 12:43 | Report Abuse

No one say must up one ma. 2.8 bill is short term event. Giving them 2 or 3 years guess they can turnaround

desire

767 posts

Posted by desire > 2021-03-04 12:50 | Report Abuse

No QPR cut this round. Don't expect any further drop. Up is way to go

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2021-03-04 12:53 | Report Abuse

At RM2.80, AmBank is valued at RM8.44 billion. It is trading at a price-to-book value of 0.43 times — the second lowest among the Bursa-listed banks after Affin Holdings Bhd which is trading at 0.34 times — compared with the industry average of 0.9 times. However, AmBank is valued at price-to-book value of 0.50 times after adjustment for the RM2.83 billion global settlement.

Pandu1

1,080 posts

Posted by Pandu1 > 2021-03-04 13:05 | Report Abuse

Stockisnotfun. What do u think the fair price now? T you.

Posted by rocky59927 > 2021-03-04 13:15 | Report Abuse

The article that you quoted that from stockisnotfun, shows that 6 research houses out of 10 target priced Ambank at rm2.90 and above compared to the minority which valued it below as at 3rd March. let me quote something else from that article "All in all, 1MDB is a legacy issue, and we believe AmBank is capable of weathering the storm and being successful again in rolling out long-term business strategies, rebuilding its image, and eventually shaking off any negative perception"

ajaaja

459 posts

Posted by ajaaja > 2021-03-04 13:25 | Report Abuse

MaybankInv TP $3.40 & hold post QR today .

Guess as mentioned yeterday, nightmare is over and time to move on ...

yingzhe17

878 posts

Posted by yingzhe17 > 2021-03-04 15:00 | Report Abuse

Just don’t buy. Let it slide as they got henchmen to push a bit. Sure will be like gloves later. Slowly sell. Possible insider trading violation coming.

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