Do the back testing on it, you will know abmb is not trading for profit..is for wealth accumulation indeed.

Any further big drop is welcome..

* at lower price

Opr cut by 25 basis point will generally have margin compression in that particular quarter but NIM will back to normalised level after repricing of deposit im next quarters.

If lower interest but slower loan growth amid challenging biz environment, it will not be good to the banking counters incl. Abmb..

If people have not much capital, they will think for short term only, worrying the price will drop further..but if people have much capital, with the right size of position and the holding power, abmb is definitely a value buy at this level..and eager to buy more at power price..

Big money here

Cannot compare petronm and abmb directly bcoz their biz model is different..

Abmb at attractive level not seen before at 0.7x..if having big capital, can slowly buy more batch by batch at lower entry price. If u studied abmb thoroughly, you will find high chances of earning big return in medium to long term..but if we have little capital , it is common to be hesitate to buy now ..

Banking sector is highly regulated and no such RPT or hanky panky corporate exercise...can safely park night money here..

https://www.google.com/url?sa=t&source=web&rct=j&url=http://www.parksongroup.com.cn/upload/201711/151073123216842600.pdf&ved=0ahUKEwjohoSMycDXAhVFOY8KHRh3AKoQFggwMAQ&usg=AOvVaw0VhQD3nDY9hdZr_c44dIhn

Lower crude oil will benefit the refiners but it will cause inventory losses. However, the current recovery of RM is in petronm's favour. It's future is still bright.

Recent share price surge is mainly driven by strong earning recovery (for at least another 3Q).
The management is very capable and competent in growing key business segment and once the loans are also fully settled in next 1.5 year's. With solid financial position, good free cash flow and higher market shares, it's PE valuation will definately expand to a reasonable level. This company will reward us handsomely if we believe his future.

Thanks to every good forum members sharing factual info and in-depth analysis.