Posted by Jururawat > 2020-03-04 12:28 | Report Abuse

I think the TA_trader need to spam...

Posted by TA_trader > 2020-03-04 21:32 | Report Abuse

I think jerawat boy needs to grow up.

Posted by gemfinder > 2020-03-04 22:05 |

Post removed.Why?

Posted by TA_trader > 2020-03-04 22:28 | Report Abuse

skybursa AMBANK quarterly results increased 9.2% ABMB quarterly results drop 10% . AMBANK trading at PE 7.12 ABMB PE trade at 7.85. Overall AMBANK looks cheaper in valuation.
03/03/2020 2:09 PM



Shhh....dont tell him la, he only knows how to multiply and divide. Being able to calculate P/E ratios is a huge achievement for him ok?

Posted by firehawk > 2020-03-04 22:43 | Report Abuse

just guess is already bottom, and guess and guess.....
average down, average down and average down......

is a good way?

Posted by SKLIM288 > 2020-03-04 23:44 | Report Abuse

guess everyone waiting for the VVIP who ctrl Langkah Bahagia to cash out, hope dont have to wait too long.
this ctr got lots of Singapore interests, include Temasak, Singapore MOF, tycoon Ong Beng Seng,
& funds like Great Eastern, DBS, wonder why ?

Posted by johnyeoyeo > 2020-03-05 11:43 | Report Abuse

goooood

Posted by myongcc5 > 2020-03-05 16:00 | Report Abuse

30% hold by DBS Bank Ltd, 11% EPF, bal by GE, Peoples Bank of China, KWP etc

Posted by TA_trader > 2020-03-05 21:38 | Report Abuse

waahhhh rallly.....i made a wrong call! quick buy buy buy! buy before u missed it

Posted by Icon8888 > 2020-03-06 07:53 | Report Abuse

Please stay Low and don’t go up

I will be coming back for more

Posted by Icon8888 > 2020-03-06 07:54 | Report Abuse

Better still, keep dropping

Posted by Keyman188 > 2020-03-06 08:14 | Report Abuse

Fundamental strong...

Slowly slowly accumulate...

Don't one short all in.......

Plenty of room further downside risk now for Bursa Malaysia...

Personally point of view, KLCI can fall to range of 1150 ~ 1220 within next 18 months...

Posted by roger3211 > 2020-03-06 10:09 | Report Abuse

buy around 2.2

Posted by williamtkb > 2020-03-06 10:25 | Report Abuse

Waiting rm2 and below

Posted by myongcc5 > 2020-03-06 10:59 | Report Abuse

valuations of banks seen attractive n undemanding.
........
........ ABMB TARGET PRICE 2.90. KENANGA RESEARCH

Posted by ronald118 > 2020-03-06 15:16 | Report Abuse

New branch in jalan yap kwan seng

Posted by yfchong > 2020-03-07 12:20 | Report Abuse

On the call

Posted by Zachmars > 2020-03-08 09:22 | Report Abuse

A decent 4Q19 as sector net profit displayed positive growth (+6% QoQ mainly from lower bad loan allowances; +2% YoY due to positive Jaws). Overall, there were no surprises since all 8 banks under our coverage reported broadly in line results. Despite the growth outlook for banks is modest (2-year CAGR of 1.3%), we are consoled by undemanding valuations (sector trading near -2SD to 5-year mean P/B). Reiterate NEUTRAL on the sector and we advocate selective stock picking. Our preferred pick is CIMB (TP: RM5.50). Other BUY calls are RHB (TP: RM6.00), BIMB (TP: RM4.50), and Alliance (TP: RM3.05).

4Q19 results round-up. All 8 banks under our coverage posted largely in line results. However, Maybank and RHB surprised us with their dividend decisions; the former looked to dish out a full cash final DPS (instead of keeping its typical electable portion) while the latter raised its payout to 50% (vs our 40% expectations).

QoQ. 4Q19 sector net profit was up 6% despite a meagre 1% total income expansion, as opex fell 1% while loan loss provision declined 30% (net credit cost: -13bp). At the top, net interest margin (NIM) widened 3bp from downward deposit repricing but got offset by tepid non-interest income (NOII, flat); the falling yield climate, which led to good investment results were largely wiped out by lower forex gains and fee revenue. Generally, these were the trends seen but the likes of CIMB saw its bottom-line fell due to higher bad loan allowances (more provision required for 1-2 old Indo corporate accounts) and BIMB had to contend with escalating opex and lower takaful income.

YoY. Unlike QoQ performance, sector earnings were up 2%, thanks mainly to positive Jaws (total income grew faster vs opex by 2ppt); robust trading income was the chief contributor, leading to a 13% rise in NOII but was capped by NIM compression (-4bp). Also, the higher provision for impaired loans (which almost tripled in size) did not bode well for bottom-line; the trio of Affin, Alliance, and CIMB saw their earnings particularly hit by this development.

Other key trends. Loans growth tapered to 3.6% YoY (3Q19: +4.1%) while deposits slowed to 3.4% YoY (3Q19: +5.6%). Based on these two categories, the top 3 fastest growing banks were BIMB, CIMB, and Alliance (+4-10%). As for asset quality, gross impaired loans (GIL) ratio improved (-11bp QoQ), primarily due to reclassification out from reschedule and restructure (R&R) loans to performing status.

Outlook. NIM slippage is seen to return in 1Q20 given the recent OPR cut. However, recovery would ensue in the following 3-6 months from downward deposit repricing (lagged impact). That said, the decent NOII trend should provide a cushion as trading gains are expected to sustain into 1Q20 given the 10-year MGS yield has continued to slide. Besides, the financial reliefs extended to clients affected by Covid-19 lowers the risk of related loans turning impaired and helps to contain rising credit cost.

Forecast. Despite all the banks under our coverage posting results that were largely within expectations, we cut our profit estimates to factor in higher NIM contraction. We are now seeing 2-year aggregate earnings CAGR of 1.3% (FY19-21) for the sector vs our previous estimate of 3.6%.

Retain NEUTRAL. Although the growth outlook for banks is modest, we draw comfort from the sector’s inexpensive valuations as it trading near -2SD to its 5-year average P/B. Those that favour exposure to this sector have to be selective. Our preferred pick is CIMB (TP: RM5.50) given its above average growth and undemanding valuations vs larger peers. Other BUY ratings are RHB (TP: RM6.00), BIMB (TP: RM4.50), and Alliance (TP: RM3.05).

Posted by Zachmars > 2020-03-08 09:22 | Report Abuse

Waiting rm2 and below

Posted by yfchong > 2020-03-08 17:16 | Report Abuse

Worth to take a look if impairment...... time to nibble

Posted by Unkerpanjang > 2020-03-09 09:19 | Report Abuse

Many other counters to choose....

Posted by ray1980 > 2020-03-09 10:00 | Report Abuse

2.00 coming soon...

Posted by GENER > 2020-03-09 10:06 | Report Abuse

RM2.00 真的不是梦哦。银行股可以单日暴跌4% 很少见了

Posted by Unkerpanjang > 2020-03-09 10:15 | Report Abuse

Fast & Furious.... Malaysia Financial version.

Posted by Rex Ang > 2020-03-09 10:28 | Report Abuse

lari dulu...2.00 ..masuk

Posted by keonkx123 > 2020-03-09 11:18 | Report Abuse

2.10 lowest well played. Sifu-sifu sekalian please average down more please IF you are soooo confident with this stock.

Abmb Jan stock price 2.7x. Keep dropping and never recover. Today stock price 2.10. Value dropped 0.60 within two months.

Ambank Jan stock price 3.8x. Dropped to 3.6 once and then recover till 3.9. Today value 3.63. Value dropped 0.20 within 2 months.

I know stock price is highly dependant on market sentiment. So actually it is quite meaningless to compare stock price. But sometime you have to look deeper to see why is there a consistent negative market sentiment towards a stock. And once u found out the damaging reason on its management/ loan impairment, u should opt out immediately. I cut loss at 2.50.

Posted by RTKJ998 > 2020-03-09 12:42 | Report Abuse

I'm newbie
I bought it at Rm2.44 , can I have advise to hold , average down or cut loss?

Posted by ahbah > 2020-03-09 12:44 | Report Abuse

Everything is on fire today in our Bursa !

Posted by ronald118 > 2020-03-09 12:53 | Report Abuse

sell now..cut loss

Posted by gemfinder > 2020-03-09 13:18 | Report Abuse

Haha, icon u can q at klcc now

Posted by gemfinder > 2020-03-09 13:18 | Report Abuse

Tp lowered,to 150

Posted by yfchong > 2020-03-09 13:29 | Report Abuse

May be 2.00

Posted by ImCK > 2020-03-09 13:30 | Report Abuse

waiting merge news or take over news coming out

Posted by Flintstones > 2020-03-09 15:18 | Report Abuse

Can I add?

Posted by yongch > 2020-03-09 16:29 | Report Abuse

Hahaha...why BUY so early????in fact it's going below 1.0 soon!!!!whether u like it or not...kikiki...tp1.0!!!!

Posted by apolloang > 2020-03-09 16:31 | Report Abuse

soon like in 1997 many go line up at ATM wanna withdraw cash......habis bank stocks. in 1997 public bank only 80cts

Posted by Icon8888 > 2020-03-09 18:39 | Report Abuse

Drop drop drop

Like like like

Buy buy buy

Posted by Unkerpanjang > 2020-03-09 20:22 | Report Abuse

Prometheus speaks the following phrase....

Posted by gohkimhock > 2020-03-09 20:38 | Report Abuse

this is also another good counter battered down without reasons. I prefer Alliance Bank than Public Bank.

Posted by yfchong > 2020-03-09 20:55 | Report Abuse

Time to buy

Posted by RedEagle > 2020-03-09 21:42 | Report Abuse

PETALING JAYA: Datuk Seri Najib Tun Razak has taken to social media to congratulate the ministers and deputy ministers appointed to Cabinet on Monday (March 9).

However, the former premier said there is no more time for delay, as Malaysia had "ground to a halt" for a few weeks following the resignation of Tun Dr Mahathir Mohamad as the seventh prime minister.

He said this was in addition to the economic crisis, which was already having a significant impact on the rakyat.

Malaysian leaders are facing big challenges, said Najib, who listed jobs, income, government finances, people's aid, currency, trade, foreign relations, education, rural population and development in his Facebook post.

"May you be able to carry out your duties perfectly and overcome all these challenges," he added.

Posted by Unkerpanjang > 2020-03-09 22:29 | Report Abuse

New historical low $, by end Mar?

Posted by ImCK > 2020-03-09 22:33 | Report Abuse

alliance bank will merge soon i believe

Posted by Unkerpanjang > 2020-03-10 06:28 | Report Abuse

Watch out for potenntial defaults n npl.

Posted by GENER > 2020-03-10 09:09 | Report Abuse

今天跌破2.00 咯。。 大减价了。大家来买一点吧。

Posted by Cakes Moon > 2020-03-10 10:05 | Report Abuse

Better stay away from banking & oil sectors at the moment~

Posted by Talk3talk4talk67 > 2020-03-10 10:41 | Report Abuse

Go play mahjong to pass the time

Posted by ray1980 > 2020-03-10 11:20 | Report Abuse

I was guess next rates cut coming soon,not need waiting May and July,OMG...

Posted by ronald118 > 2020-03-10 13:42 | Report Abuse

2.06 now... 大减价
Next Q result will be bad ,due to 23jan + 05mar ...reducing rate.

Posted by Insider_Tips_81 > 2020-03-10 15:40 | Report Abuse

HI Icon8888,

You still hold Ewint-wa?

Regards,
Your follower