AMMB HOLDINGS BHD

KLSE (MYR): AMBANK (1015)

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Last Price

4.26

Today's Change

-0.01 (0.23%)

Day's Change

4.25 - 4.30

Trading Volume

860,800


9 people like this.

5,399 comment(s). Last comment by Pinky 3 days ago

AhKeat2018

150 posts

Posted by AhKeat2018 > 2022-01-22 09:43 | Report Abuse

What is the fair value for AmBank ?

AhKeat2018

150 posts

Posted by AhKeat2018 > 2022-01-22 09:44 | Report Abuse

Nomura Malaysia’s head of equity research Tushar Mohata believes that AMMB is unlikely to merge at the banking level currently. A key reason is that there is a large valuation gap between it and the other banks.

“Valuations may be hard to agree upon. AMMB is currently trading at a price-to-book value (PBV) of 0.5 times, while other banks have a higher PBV. So, unless the banks are willing to give [AMMB] a premium to make it a merger of equals, AMMB’s shareholders may not be willing to give up their stakes,” he tells The Edge.

News on March 2021

Godofgambler

5,307 posts

Posted by Godofgambler > 2022-01-24 10:36 | Report Abuse

Flying soon

Posted by CakapSohaiThings > 2022-01-24 13:38 | Report Abuse

When it drops for no reason, it is usually a chance to collect, Affected banks from GentingHK are Maybank, CIMB and RHB

Posted by CakapSohaiThings > 2022-01-24 16:14 | Report Abuse

Nice diving

Godofgambler

5,307 posts

Posted by Godofgambler > 2022-01-25 00:11 | Report Abuse

It will go up soon

Posted by CakapSohaiThings > 2022-01-25 10:31 | Report Abuse

Interest rate rise in the US still 2 months from now, in MY is still 5 months from now. No rush, just collect slowly

yfchong

5,756 posts

Posted by yfchong > 2022-01-25 10:35 | Report Abuse

Aiyoo yoo.. Cannot hold at 3.40

Godofgambler

5,307 posts

Posted by Godofgambler > 2022-01-27 17:46 | Report Abuse

Flying soon

yfchong

5,756 posts

Posted by yfchong > 2022-02-02 14:21 | Report Abuse

Alamak boss tan sri retire

Godofgambler

5,307 posts

Posted by Godofgambler > 2022-02-03 13:48 | Report Abuse

About to rocket

Godofgambler

5,307 posts

Posted by Godofgambler > 2022-02-03 15:47 | Report Abuse

Hotahhhhhhh

teck

102 posts

Posted by teck > 2022-02-07 12:01 | Report Abuse

another cimb in the making

Neptune99

14 posts

Posted by Neptune99 > 2022-02-07 15:06 | Report Abuse

banking stock can uptrend further this year? now majority talking about to raise interest rate

Godofgambler

5,307 posts

Posted by Godofgambler > 2022-02-08 13:41 | Report Abuse

Will reach Rm4.80 any moment

rizerlee

752 posts

Posted by rizerlee > 2022-02-08 16:18 | Report Abuse

If interest rate hike bank will earning more

Imagine bank locked their fund via FD now and later loan interest increased.

Neptune99

14 posts

Posted by Neptune99 > 2022-02-08 16:28 | Report Abuse

today ambank green

Posted by bullmarket1628 > 2022-02-08 16:50 | Report Abuse

Super great news !
Malaysia's National Recovery Council agrees to fully reopen borders without quarantine by March

Rashvinjeet S Bedi
08 Feb 2022 03:19PM (Updated: 08 Feb 2022 03:19PM)

https://www.channelnewsasia.com/asia/malaysia-reopen-borders-no-quarantine-mar-1-muhyiddin-national-recovery-council-2485591

yingzhe17

878 posts

Posted by yingzhe17 > 2022-02-08 19:34 | Report Abuse

Great at 3.2

Posted by CakapSohaiThings > 2022-02-08 20:26 | Report Abuse

Look at SG trio banks (UOB, DBS, OCBC) all time high. 10y treasury yield is about to break above 2% too. Nothing to worry, just collect slowly.

P/B = 0.67, ROE = 9%, P/E = 7.68. Super value buy.

Just buy the dip before interest rate starts rising and hold until interest rate stops rising, now a lot of funds still stuck at tech. When interest rate starts rising, confirm will rotate here.

Godofgambler

5,307 posts

Posted by Godofgambler > 2022-02-09 14:58 | Report Abuse

Easily Rm5.00

Godofgambler

5,307 posts

Posted by Godofgambler > 2022-02-09 20:24 | Report Abuse

Buy now.
Get Rewards later.

Godofgambler

5,307 posts

Posted by Godofgambler > 2022-02-10 12:52 | Report Abuse

Buy now and sell at Rm5.80

Posted by CakapSohaiThings > 2022-02-10 20:08 | Report Abuse

Just buy when dip when have cash and hold until interest rate stops rising.

Ambank is relatively still much cheaper (hence a better pick) than the closest comparable peers, RHB and ABMB in terms of valuation (trading at 0.7 P/B compare to RHB and ABMB trading at 0.84).

Posted by CakapSohaiThings > 2022-02-10 22:01 | Report Abuse

US 10y treasury yield just hit 2%. Those who havent got a ticket in banking sector, dont wait too long to collect the tickets..

Godofgambler

5,307 posts

Posted by Godofgambler > 2022-02-11 12:46 | Report Abuse

Epf bought some yesterday..
Ambank might make big come back

yfchong

5,756 posts

Posted by yfchong > 2022-02-13 18:18 | Report Abuse

Ada dividend ada Harapan........see can higher boh

Godofgambler

5,307 posts

Posted by Godofgambler > 2022-02-14 09:22 | Report Abuse

Ambank will cross over Rm5.00 soon

skykai

21 posts

Posted by skykai > 2022-02-15 15:27 | Report Abuse

Otw to RM5

yfchong

5,756 posts

Posted by yfchong > 2022-02-15 18:22 | Report Abuse

Mid term cross 3.67. Happy liao

Posted by CakapSohaiThings > 2022-02-15 21:37 | Report Abuse

Hold only OPR hike incoming

https://www.theedgemarkets.com/article/anticipation-opr-hike-spurred-trading-financial-stocks-%E2%80%94-bursa

The report noted that foreign investors were net buyers of KLFIN with an inflow of RM486.05 million as of Jan 25.

Godofgambler

5,307 posts

Posted by Godofgambler > 2022-02-19 17:42 | Report Abuse

Rm5.00 coming

Godofgambler

5,307 posts

Posted by Godofgambler > 2022-02-25 19:23 | Report Abuse

Sweettt

Posted by CakapSohaiThings > 2022-02-25 22:41 | Report Abuse

That push on Thursday from 3.19 to 3.3... Looks like operators have finally started doing their job. CIMB 2.0 soon!!

Godofgambler

5,307 posts

Posted by Godofgambler > 2022-02-27 02:20 | Report Abuse

This elephant shiit going to fly soon

JAS TO

1 posts

Posted by JAS TO > 2022-02-28 10:24 | Report Abuse

drop like crazy today, why ha

Godofgambler

5,307 posts

Posted by Godofgambler > 2022-02-28 15:10 | Report Abuse

Rockeeetttt

Posted by CakapSohaiThings > 2022-02-28 18:23 | Report Abuse

@JAS TO, to flush out weak hands

Just hold only, see how they started raising TPs, exactly like CIMB after the hontop incident. Moving forward Ambank will climb like CIMB, and analysts will keep raising TPs until 4.5.

Just keep DCA with your monthly salary until share price is close to 4.5

Posted by CakapSohaiThings > 2022-02-28 18:50 | Report Abuse

@Godofgambler cheapest bank, with low P/B and ROE comparable to the big 3s
"Attractive valuation of 7.2 times 2022 forecast price to earnings (P/E), which is the lowest in the sector and significantly lower than the sector’s 12.6 times" - CIMB

Upcoming catalysts in order
1. Fed interest rate hike in March
2. Dividend resumption
3. OPR hike in June
4. YOY improvement in QRs

Posted by CakapSohaiThings > 2022-02-28 18:57 | Report Abuse

Just keep buying when operators flush weak hands, dont need to FOMO

Godofgambler

5,307 posts

Posted by Godofgambler > 2022-03-01 09:48 | Report Abuse

Keep on buying and collect.

Posted by CakapSohaiThings > 2022-03-03 00:48 | Report Abuse

@yfchong, US banks are up 4%, 10y treasury yield is up 8%. It might spike up today

Posted by bullmarket1628 > 2022-03-10 07:32 | Report Abuse

Malaysia will reopen its borders to international travellers on April 1, says PM
By JOSEPH KAOS
Tuesday, 08 Mar 2022 5:44 PM MYT

https://www.thestar.com.my/news/nation/2022/03/08/malaysia-will-reopen-its-borders-to-international-travellers-on-april-1-says-pm

KUALA LUMPUR: Malaysia will reopen its borders to international travellers starting April 1, says Datuk Seri Ismail Sabri Yaakob on Tuesday (March 8).
The Prime Minister said visitors, as well as Malaysian returnees, who are fully vaccinated are not required to undergo quarantine upon arrival.
They, however, must undergo a RT-PCR test two days before departure and a rapid test (RTK) upon arrival.
As for travellers who have not been fully vaccinated, Ismail Sabri said the entry procedures will be explained by Health Minister Khairy Jamaluddin on Wednesday (March 9).
?As part of our ?Transitioning to Endemicity? phase, the government has decided to reopen the country?s borders from April 1.
?This move will revive the country?s economy, especially the tourism industry that has been heavily affected by the pandemic.
?The decision is made based on science and current facts related to Covid-19, as well as the reopening of borders in other countries...

Posted by CakapSohaiThings > 2022-03-10 10:00 | Report Abuse

I hope yall collected some during the dip, now we just wait for the FOMC meeting on March 16 to announce interest rate hike

AhKeat2018

150 posts

Posted by AhKeat2018 > 2022-03-11 19:59 | Report Abuse

Merger is on the way.. I can smell it..

AhKeat2018

150 posts

Posted by AhKeat2018 > 2022-03-11 20:03 | Report Abuse

AMMB financial year end is 31 March.. 2021/2022 will be the best year so far after 1MDB settlement.. lookout ya..

Posted by CakapSohaiThings > 2022-03-16 22:21 | Report Abuse

I hope yall collected some during the dip, now we just wait for the FOMC meeting on March 16 to announce interest rate hike
6 days ago

Tomorrow we fly?

AhKeat2018

150 posts

Posted by AhKeat2018 > 2022-03-17 12:34 | Report Abuse

EPF is collecting..
AmBank is also buying back shares..

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