AMMB HOLDINGS BHD

KLSE (MYR): AMBANK (1015)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

4.37

Today's Change

0.00 (0.00%)

Day's Change

4.34 - 4.37

Trading Volume

1,019,300


9 people like this.

5,345 comment(s). Last comment by Dehcomic01 5 days ago

pang72

46,585 posts

Posted by pang72 > 2023-07-31 17:35 | Report Abuse

I thought for pbb however the dividend yield is low compare to other bank.
But, FF and local fund like pbb very much!

Pinky

3,151 posts

Posted by Pinky > 2023-07-31 17:36 | Report Abuse

High risk high reward
Low risk low reward

PBB is very conservative in lending, that's why their bad loan ratios are quite pretty

pang72

46,585 posts

Posted by pang72 > 2023-07-31 17:36 | Report Abuse

I may stick to 2 big banks - MBB and RHB for steady dividend

Posted by wallstreetrookieNEW > 2023-07-31 17:37 | Report Abuse

No CIMB?

Pinky

3,151 posts

Posted by Pinky > 2023-07-31 17:58 | Report Abuse

My bank holdings: Maybank for big cap, AmBank for mid cap

pang72

46,585 posts

Posted by pang72 > 2023-07-31 19:19 | Report Abuse

Thanks pinky.
Will look into ambank if any good entry

speakup

24,467 posts

Posted by speakup > 2023-07-31 21:16 | Report Abuse

Singapore bases Great Eastern Holdings is in talks to buy MetLife Malaysian ventures in a deal that could value AmMetLife Insurance at up to US$300 million reported Bloomberg.

It reported that according to sources, OCBC is conducting due diligence on AmMetLife Insurance and is seeking regulatory approval to clinch the deal, the people said. A transaction could value AmMetLife which the US company jointly owns with public listed AMMB Holdings at between US250 million to US$300 million the people said.

speakup

24,467 posts

Posted by speakup > 2023-07-31 21:16 | Report Abuse

besok limit up!

speakup

24,467 posts

Posted by speakup > 2023-07-31 21:17 | Report Abuse

tomorrow open minimum RM4!

Pinky

3,151 posts

Posted by Pinky > 2023-08-01 09:21 | Report Abuse

@pang72

"Lastly, we also favour AMBANK as we believe its current fundamentals are highly supportive of healthier discussions for M&As, which have in the past been frequently considered. The group is also one of the leaders in terms of SME profile, which is touted as a high-growth segment that could accelerate the group’s market share growth."
https://klse.i3investor.com/web/blog/detail/kenangaresearch/2023-08-01-story-h-243866735-Banking_June_2023_Statistics_Easing_Numbers

troy88

2,483 posts

Posted by troy88 > 2023-08-01 09:41 | Report Abuse

Solid! One of my favorite banks to invest

Posted by kokchengkai > 2023-08-02 12:32 | Report Abuse

no limit up but colour is RED ...what is tht mean for

Havefun

355 posts

Posted by Havefun > 2023-08-21 16:11 | Report Abuse

Why drop so much today?

Pinky

3,151 posts

Posted by Pinky > 2023-08-22 08:52 | Report Abuse

Bright spot for non-interest income
AMMB’s 1QFY24 non-interest income advanced by a solid 30% yoy. While this was partly driven by an 82.1% yoy surge in investment income, we are encouraged to note that its fee income rose by 11.7% yoy in 1QFY24, primarily emanating from a 77.5% yoy increase in portfolio management fee, a 52.8% yoy rise in corporate advisory fee, and a 226.9% yoy jump in bancassurance commission.

Reiterate Add on AMMB
We retain our Add rating on AMMB given its attractive valuation of 6.7x CY24F P/E (below the sector’s 9.4x). Potential re-rating catalysts include above-industry loan growth, expected decline in LLP in 2Q-4QFY24F, and potential partial write-backs of management overlay (of RM362m at end-Jun 23). Potential downside risks include material deterioration in loan growth and asset quality. We maintain our FY24-25F EPS forecasts and DDMbased target price of RM4.39 (cost of equity of 10.2%; terminal growth rate of 4%).

Source: CGS-CIMB

speakup

24,467 posts

Posted by speakup > 2023-08-22 09:18 | Report Abuse

Still holding my Ambank which I bought 2.70 when it crash during covid

speakup

24,467 posts

Posted by speakup > 2023-08-22 09:18 | Report Abuse

Ambank is the bank with highest chance of takeover

Pinky

3,151 posts

Posted by Pinky > 2023-08-22 09:21 | Report Abuse

Look beyond the headline and go into the details

I like the numbers I'm seeing, namely growth in Non-Interest Income

pang72

46,585 posts

Posted by pang72 > 2023-09-15 14:42 | Report Abuse

AMBANK runs ahead my tiger bank today

Bursino

175 posts

Posted by Bursino > 2023-10-02 19:17 | Report Abuse

Ambank to dispose Insurance Arm to Great Eastern. Is it for real? Or just another MOU?

speakup

24,467 posts

Posted by speakup > 2023-10-02 21:40 | Report Abuse

Besok limit up

smartly

6,326 posts

Posted by smartly > 2023-10-02 21:44 | Report Abuse

kalau limit up besok. i belanja u minum HEIM/CARLSBG...yum seng !!!

speakup

24,467 posts

Posted by speakup > 2023-10-03 07:53 | Report Abuse

🍺🍺
🍻

loyalok

159 posts

Posted by loyalok > 2023-10-03 15:49 | Report Abuse

even has good news ,sold their asset but price still stagnant there

smartly

6,326 posts

Posted by smartly > 2023-10-03 16:02 | Report Abuse

hopefully can get special dividend of 30sen

Bursino

175 posts

Posted by Bursino > 2023-10-03 20:03 | Report Abuse

Haha. What is happening in BPlant isn't inspiring.

smartly

6,326 posts

Posted by smartly > 2023-10-04 16:21 | Report Abuse

worry not. deal will go through and hope it will declare 30sen s.dividend.

Posted by IdrakUsama > 2023-10-12 19:45 | Report Abuse

Disember ade dividen tak?

smartly

6,326 posts

Posted by smartly > 2023-10-12 20:35 | Report Abuse

think dividend 6sen only. hope another special dividend can come by next year

speakup

24,467 posts

Posted by speakup > 2023-10-12 21:17 | Report Abuse

definitely a special dividend will be announced. only is how big special dividend is.

Posted by IdrakUsama > 2023-10-16 10:08 | Report Abuse

Harap ade special dividen kerana July Ambank dah bagi 0.123 sen dividen

Tibbers

553 posts

Posted by Tibbers > 2023-11-15 10:58 | Report Abuse

going uppppp

jluck

27 posts

Posted by jluck > 2023-11-16 05:08 | Report Abuse

Is it special dividend to be announced soon?

smartly

6,326 posts

Posted by smartly > 2023-11-22 13:12 | Report Abuse

Single-tier interim dividend of 6.0 sen per ordinary share for the
financial year ending 31 March 2024

speakup

24,467 posts

Posted by speakup > 2023-11-22 13:59 | Report Abuse

Great results! Nanti pecah rm4

Pinky

3,151 posts

Posted by Pinky > 2023-11-22 17:44 | Report Abuse

Dividend!

Pinky

3,151 posts

Posted by Pinky > 2023-11-22 17:44 | Report Abuse

P/E 7.54. Supremely undervalued

ahbah

5,700 posts

Posted by ahbah > 2023-11-22 17:45 | Report Abuse

Go for it !

willc48

700 posts

Posted by willc48 > 2023-11-24 15:29 | Report Abuse

waiting for Nazir Razak at AmBank & likely the octopus CIMB will hump over the camel soon

speakup

24,467 posts

Posted by speakup > 2 months ago | Report Abuse

Cimb takeover Ambank ke?

Posted by Layla123 > 2 months ago | Report Abuse

Kumpulan ini mengumumkan dividen interim sebanyak enam sen setiap saham, yang menterjemahkan kepada nisbah pembayaran dividen sebanyak 23% untuk 1HFY24. Tidak hairanlah EPF terus membeli saham ini https://www.facebook.com/groups/sembangsahamexclusive/posts/2300501240144692/

speakup

24,467 posts

Posted by speakup > 2 months ago | Report Abuse

ambank nta 5.59! skrang 4.05 murah giler!

aklobi

264 posts

Posted by aklobi > 2 months ago | Report Abuse

Hi guys, can you please write in English so all investors (Malay & foreign) can understand the comments?

ykloh

506 posts

Posted by ykloh > 2 months ago | Report Abuse

Use the translation app.

aklobi

264 posts

Posted by aklobi > 2 months ago | Report Abuse

@Ykloh not always good, maybe some use slang which the app can't translate

DatoShare

29 posts

Posted by DatoShare > 2 months ago | Report Abuse

will likely be swallowed by another bank soon

speakup

24,467 posts

Posted by speakup > 1 month ago | Report Abuse

ambank - one of the top picks for 2024. ambank is the bank with highest chance of M&A

smartly

6,326 posts

Posted by smartly > 1 month ago | Report Abuse

bad news for AMBANK

Dehcomic01

286 posts

Posted by Dehcomic01 > 5 days ago | Report Abuse

AmBank is one of the smaller Bursa banks in terms of total assets or market cap. For those of you who have been following the 1MDB case, Ambank took a hit in 2021 to “settle the 1 MSB issues”. You can see this clearly in its ROE trends. https://i.postimg.cc/DyN6wjBC/Ambank-ROE-NIM.png

Notwithstanding the IMDB issues, its return is slightly lower than the sector median. One of the reason for this is its lower Net Interest Margin (NIM) relative to the sector median. I am sure this has nothing to do with 1MDB

From a relative performance perspective, Ambank did better than my reference bank - Affin. https://www.youtube.com/watch?v=4W7Lnw_hT0w

Of course the share price of Affin had move recently due to the news about the Sarawak Stage govt increasing its stake.

But there is no such news catalyst for Ambank. So Ambank will it be able to improve its returns and do better than the sector median for its share price to move higher. Can they do this

Post a Comment