AMMB HOLDINGS BHD

KLSE (MYR): AMBANK (1015)

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Last Price

5.32

Today's Change

-0.06 (1.12%)

Day's Change

5.28 - 5.45

Trading Volume

17,792,200

Market Buzz
Discussions
9 people like this. Showing 50 of 5,518 comments

MrPandaPanda

why run and sell?

2024-08-20 16:21

speakup

When ppl say Run, u Tambahhhhhh

2024-08-20 16:33

pang72

Outlook for FY25
Mr Jamie Ling concluded, “We have made a great start to the new financial year as we execute our Winning
Together (WT29) Strategy and we remain optimistic in our FY25 prospects.”

2024-08-20 16:50

pang72

Their 5 years strategy plan is on track.
CEO reaffirms:)

2024-08-20 16:51

pang72


发布于 2024年08月20日 14时21分 • 最后更新 7小时前 • 整理:洪荣达
首季净利涨32.2% 大马银行迎“梦幻开局”

THIS TITTLE IS IN RIGHT TIMING FOR THE EXCELLENT QR

2024-08-20 22:09

pang72

Toward $5.50 with excellent earning reported yesterday!

2024-08-21 09:18

pang72

I expect ib revising up the target price higher after analysis briefing

2024-08-21 09:22

troy88

To bad to those who panic sold earlier this year due to that ANZ news. Glad I makan from them cheap. Haha

2024-08-21 09:35

pang72

Good

2024-08-21 09:36

pang72

Scammer, you go back to earn your bitcoin..
Don't disturb the old uncle getting dividend of 6% but not 400% in bitcoin

2024-08-21 09:45

pang72

This forum only 2 visitors per month which is me and speakup

Your bitcoin advertising will like no one reading

2024-08-21 09:48

troy88

I believe Ambank ATH was around 7+ back in 2013. Still much room for upside..

2024-08-21 10:05

tidoo

Merger is coming?

2024-08-21 10:25

gladiator

From AGM: Dividend payout ratio can increase over time to 50~60% Huat ah........

2024-08-21 10:51

pang72

Yes!! 50 to 60% payout will match mbb, Rhb as high dividend stock

2024-08-21 11:19

pang72

Analysts also remained bullish, with 14 out of 15 research houses having ‘buy’ calls on AMMB and only one ‘sell’ call. The consensus 12-month target price is RM5.43, according to Bloomberg, implying a potential return of 6.3% from its last price.

2024-08-21 13:42

pang72

Aiyo!! By Friday $5.50...ok...since 14 I buy call for $5.43

2024-08-21 13:43

pang72

Hot hot from oven:
CIMB UPGRADE AMMB TP FROM $5 TO $5.95...INI KALI HUAT HUAT LA:)

Raising target price
We maintain our FY25-27F EPS forecasts. However, we raise our target price (TP) for AMMB from RM5.06 to RM5.95 as we withdraw the 15% discount we imputed to the DDM value to arrive at our TP (COE of 9.9%; terminal growth rate of 4%). As stated in our 21 Apr 2020 report, we pegged our TP to a 15% discount to the DDM value to factor in credit risks (partly from Covid-19). We do not see the need for a discount now as we expect credit risks for banks to be lower in light of stronger economic growth, while AMMB has built up a total management overlay of RM541m at end-Jun 24.

Reiterate Add on AMMB
We retain our Add rating on AMMB given its attractive 8.3x CY25 P/E, among the lowest in the sector and below the sector’s average of 10.6x. Re-rating catalysts include an uptick in NIM in FY25F and potential partial write-back of management overlay. Potential downside risks include material deterioration in its loan growth and asset quality.

Source: CGS-CIMB Research - 21 Aug 2024

2024-08-21 13:46

pang72

$5.11 up 10c...
Fantastic run for ammb:)

2024-08-21 18:31

bullrun168

Walaoeh, what happend ?
Super damn hot man AMBANK today !
Now AMBANK was traded at @RM5.19 (+0.09) (+1.76 %)
Heng ah, Ong ah, Huat ah !

2024-08-28 09:29

Pinky

Walaoeh

Spammer bullrun168 is back with his pointless share price updates

2024-08-28 09:37

troy88

Solid Ambank!

2024-08-28 10:05

bullrun168

Wow, Amazing !
Now AMBANK was traded at @RM5.23 (+0.13) (+2.55 %)
Heng ah, Ong ah, Huat ah !

2024-08-28 11:25

pang72

Steady rate environment bodes well for interest among bank names. Last but not least are the banks. As with banks in this region (Singapore/Indonesia/Thailand/Philippines), Malaysian banks have enjoyed a good run compared to to their August postition. However, unlike peers, Malaysia banks likely have enjoyed the relative stability of steady interest rates, in addition to decent yield and a potential pick-up on exchange rate, for foreign investors especially. Analyst Clement Chua in his recent banking sector update (4 Sept 2024) examined the volatility of banks, relative to the general market (Exhibit 6), i.e. the beta, finding that within the large cap space, banks that have beta more than 1 (including CIMB and PBBANK) may attract larger interest amid fund inflows. We nevertheless prefer the latter for fundamental reason of more disciplined growth which is a preferred play for 2HCY24. Foreign funds are less likely to be induced into buying smaller caps banks although on that score, beta for AMMB is generally high, and the banks has enjoyed YTD pick-up in foreign shareholding.
Source: Kenanga Research - 19 Sept 2024

2024-09-19 10:56

pang72


[AMBANK]: AMMB HOLDINGS BHD
Announcement Date
18-Sep-2024
Date
18-Sep-2024
Share
Ordinary Shares
Number of Shares
90,000
Shares Retained in Treasury
90,000
Currency
Malaysian Ringgit (MYR)
Price (per shares)
5.170 - 5.190
Total Amount
467,865.55
Total Treasury Shares
3,081,700

2024-09-19 13:00

pang72

1st malaysian banking does share buy back.
Need to digest a bit the reason behind..
It really undervalued?

2024-09-19 13:01

Bursino

Wild unfounded speculation - next dividend to be paid in shares from the treasury.

2024-09-19 14:53

Pinky

@pang72 compare P/E and P/B

It's among the cheapest, most undervalued.
If u compare along with earnings quality, ROE (vs Bank Islam, Affin Bank)...it IS the cheapest, MOST UNDERVALUED!

2024-09-19 15:54

Pinky

Coming back with a roar!

2 months ago

1DERFUL

Any one has idea why Ambank share has jumped 3.79% today?

2 months ago

Najib Zamry

Good write up in the Edge weekly about Ambank

1 month ago

Bursino

Banking stocks are boring.
😐

1 month ago

pang72

Lookin at the share price dropping 16c meaning to say DBS will not buy ammb stake

1 month ago

mf

Dow Jones

Dow Jones Industrial Average

44,293.13

+304.14

0.69%

Nasdaq

NASDAQ Composite

19,298.76

+11.98

0.06%

1 month ago

Bursino

Azman Hashim was the founder of the Bank.

1 month ago

Pinky

AmBank has changed since then la. On a transformation journey

1 month ago

JJPTR

AMMB has risen from 2.xx to 5.xx. Best time to take your money off the table from this dubious management bank. "Academy of Corruption must be eliminated before Msia can reverse its journey to Zimbabwe

1 month ago

KingKKK

WINNING BIG: The 10 Best-Performing Stocks in Malaysia YTD - SUNWAY, GAMUDA, UTDPLT, IJMCORP, AIRPORT, CIMB, TENAGA, AMMB, 99SMART, HARTA

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-11-23-story-h474783546-WINNING_BIG_The_10_Best_Performing_Stocks_in_Malaysia_YTD_SUNWAY_GAMUDA_

4 weeks ago

troy88

Still strong!

3 weeks ago

Pinky

Dividend!

3 weeks ago

troy88

Good QR and nice dividend. I was right about Ambank being much better investment than PBB

3 weeks ago

gladiator

Ambank dividend almost catch up with RHB next is share price should trade above RM6.00

3 weeks ago

troy88

Yes Ambank should climb up above RM6 in due time..

3 weeks ago

MrPandaPanda

come on lets fly

3 weeks ago

Pinky

Jamie Ling's good work 💪

3 weeks ago

troy88

Ambank still buying back shares at these current prices. Shows the confidence is strong!

2 weeks ago

Pinky

Withdraw turbochart from i3investor better

@Admin

5 days ago

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