AMBANK (1015) - Stock Market Buzz

Buying opportunity today. Murah giler

2 months ago

Financial aspirations. Over the next five years, AMMB’s priorities are to: i) Improve dividend payouts to c.45 sen by FY29 (ie 15% CAGR

DIVIDEND 45C BY 2029?
WITH TODAY 20AUG24 SHARE PRICE $5@45C DIVIDEND MEANS APPROX 9.5% YIELD!!

HELLO, KING OF DIVIDEND LA

2 months ago

sell

2 months ago

Sour grape spotted 🍇

2 months ago

Great QR. Well done Ambank and congrats to all holders

2 months ago

eklim65

RUN...

2 months ago

Bursino

OK. Noted.

2 months ago

MrPandaPanda

why run and sell?

2 months ago

When ppl say Run, u Tambahhhhhh

2 months ago

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.”

2 months ago

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

2 months ago

https://www.orientaldaily.com.my/news/business/2024/08/20/673961?fbclid=IwY2xjawExgm1leHRuA2FlbQIxMQABHe5yal7-koMMXddKqcmQ_pIutOq1u8xMrcBXIpPP9CwE3UCuB0GxOoKXFQ_aem_Qp1hBSg-qpfjuDt5Si15Vw

2 months ago

经
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

2 months ago

Toward $5.50 with excellent earning reported yesterday!

2 months ago

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

2 months ago

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

2 months ago

Good

2 months ago

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

2 months ago

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

Your bitcoin advertising will like no one reading

2 months ago

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

2 months ago

tidoo

Merger is coming?

2 months ago

gladiator

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

2 months ago

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

2 months ago

https://theedgemalaysia.com/node/723599

Ini kalilahhhh

2 months ago

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.

2 months ago

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

2 months ago

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

2 months ago

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

2 months ago

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 !

2 months ago

Pinky

Walaoeh

Spammer bullrun168 is back with his pointless share price updates

2 months ago

Solid Ambank!

2 months ago

bullrun168

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

2 months ago

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

1 month ago

[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

1 month ago