Posted by prudentinvestor > 2 weeks ago | Report Abuse

Impressive results but dividend a bit low. Should pay at least 30 sen a share to increase its attractiveness to small investors.

Posted by prudentinvestor > 2 weeks ago | Report Abuse

Very much like RHB Bank, trading at single digit PE, but RHB Bank's dividend yield is much higher at over 7%.

Posted by Pinky > 2 weeks ago | Report Abuse

AmBank still in process to rebuild its capital after 1MDB settlement.

Next year should get >6.0% I believe

Posted by orbiter > 2 weeks ago | Report Abuse

not too bad, result & dividend as expected

Posted by DividendGuy67 > 2 weeks ago | Report Abuse

A simple fundamental metric I sometimes look at is EPS/RPS, a proxy for Profit Margin (I look at many things, this is just one of many). Using their latest reported FYE:
a. MAYBANK = 77.5 sen / 534 ~ 15%
b. PBBANK = 34.3 sen / 131 ~ 26% (higher than MAYBANK - expected).
c. AMBANK = 56.4 sen / 140 ~ 40%! Too good to be true???
Anyone has any bank comparative insights into the 40% figure?
Will be going overseas for holidays for a fortnight, no time to look closer.
Previously traded using Technical Analysis only on AMBANK (and did decently, catching the buys around 3.26 and selling around 4.12), but now looking harder at the fundamentals especially after the 1MDB one-time massive billion $ provisions at FYE2021, for longer term holdings till end of bull market.
I am considering owning on weakness for these reasons: 1. Additional diversification to my already well diversified portfolio. 2. Wanting to tilt slightly to a higher bank sector weighting. 3. Potential to revalue towards P/BV > 1 at peak of bull market. 4. Decent dividend yield. 5. If EPS grows, DPS should grow.
However, I don't yet understand that 40% figure - so, for now, will only consider taking 1/5th of a neutral position (if neutral is around 2.5%-3% capital per position, this one is probably 0.5% or so for now), as still under research and construction - no rush I am patient to spend months building up a position. The long term technical setup is interesting ... but would like to better understand why 40% .... Appreciate if the AMBANK experts can share insights to the 40% vs other major banks ...

Posted by troy88 > 2 weeks ago | Report Abuse

Good result, good dividend. Much better than PBB

Posted by thye82 > 2 weeks ago | Report Abuse

PBB is the most useless and rubbish bank on earth....

Posted by Pinky > 2 weeks ago | Report Abuse

@DividendGuy67 u should compare to

Alliance 32.59% margin
https://klse.i3investor.com/web/stock/overview/2488

Posted by Pinky > 2 weeks ago | Report Abuse

Still yes, AmBank is good

Posted by speakup > 2 weeks ago | Report Abuse

@Pinky,
Ambank is not good...... it is VERY GOOD!

Posted by speakup > 2 weeks ago | Report Abuse

speakup still holding Ambank @ 2.70

Posted by Pinky > 2 weeks ago | Report Abuse

@speakup
Good for u
My average AmBank cost 3.50

Posted by orbiter > 1 week ago | Report Abuse

Ambank always good

Posted by BursaMaster121212 > 1 week ago | Report Abuse

Yes, i agreeee..

Always full of scamsss

Posted by MalaysiaEquityGuide > 1 week ago | Report Abuse

https://youtu.be/Tx3xLTmxU1s
banking sector small comparison

Posted by troy88 > 1 week ago | Report Abuse

Ambank worth at least above 4.60

Posted by paperplane > 6 days ago | Report Abuse

EPF likely to revive the talk on merger RHB-AMBANK again??? another MEGA banks coming? Include MBSB also same umbrella, will be GIGANTIC

Posted by skybursa > 4 days ago | Report Abuse

Merger is not easy because its involved a lot of major shareholders. Unless EPF increased their shareholding ambank to above 30%. The largest shareholders had a bigger says