AMMB HOLDINGS BHD

KLSE (MYR): AMBANK (1015)

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Last Price

5.25

Today's Change

0.00 (0.00%)

Day's Change

5.21 - 5.27

Trading Volume

2,439,100


9 people like this.

5,508 comment(s). Last comment by KingKKK 22 hours ago

Pinky

3,478 posts

Posted by Pinky > 2022-05-31 13:49 | Report Abuse

P/E -wise very attractive now. But the dividend, a bit miserly. Capital rebuilding...

speakup

27,040 posts

Posted by speakup > 2022-05-31 14:38 | Report Abuse

miserable 5sen dividend. sad!
expected min 10sen

Pinky

3,478 posts

Posted by Pinky > 2022-05-31 15:27 | Report Abuse

suffer now for the future, they need to rebuild capital after that 1MDB settlement. Earnings recovery intact

yfchong

5,879 posts

Posted by yfchong > 2022-05-31 16:34 | Report Abuse

Finally can see a thin string of lights....... Blessed.

treasurehunt

1,884 posts

Posted by treasurehunt > 2022-05-31 22:46 | Report Abuse


AmBank FY22 earnings mostly unscathed from prosperity tax

https://www.theedgemarkets.com/article/ambank-fy22-earnings-mostly-unscathed-prosperity-tax

treasurehunt

1,884 posts

Posted by treasurehunt > 2022-05-31 22:47 | Report Abuse

Prosperity tax is over for AMBank?

Posted by bullmarket1628 > 2022-05-31 22:54 |

Post removed.Why?

Posted by investortrader88 > 2022-06-01 08:48 | Report Abuse

I have some tickes at RM3.11.will continue to hold.good luck guys

Posted by Thirai Thiraviam > 2022-06-01 12:19 | Report Abuse

With its historical PER of 10.4, based on a TTM of 46 cents earnings, the TP could be RM4.74. Interesting.

YouWin

59 posts

Posted by YouWin > 2022-06-01 12:41 | Report Abuse

It insurance sale still haven't approve yet,I think it might get higher since it's almost the time now they get the approval from MoF.

YouWin

59 posts

Posted by YouWin > 2022-06-01 12:42 | Report Abuse

More good news coming go go go

yfchong

5,879 posts

Posted by yfchong > 2022-06-01 22:41 | Report Abuse

Wow suddenly all revised TP just pass me 4.2 I am happy.... no need so high.. ok boh

YouWin

59 posts

Posted by YouWin > 2022-06-02 00:03 | Report Abuse

Good news coming in this few days

Havefun

384 posts

Posted by Havefun > 2022-06-02 09:53 | Report Abuse

Is selling insurance business good or bad news for Ammb?

Pinky

3,478 posts

Posted by Pinky > 2022-06-02 09:58 | Report Abuse

Wah I thought today will see profit-taking for me to top up

mana tau resume uptrend lagi. hebat!

troy88

3,016 posts

Posted by troy88 > 2022-06-02 11:18 | Report Abuse

Thanks for the cheap sale recently. Manipulation to scare of bilis for sharks to collect

YouWin

59 posts

Posted by YouWin > 2022-06-02 13:14 | Report Abuse

They still keep 30% of the insurance business, but still consider good bcoz they will be having cash to pay dividends

treasurehunt

1,884 posts

Posted by treasurehunt > 2022-06-02 23:35 | Report Abuse

In the absence of prosperity tax, expect at least 20% upward to catch up with its peers valuation PER 10x.

Pinky

3,478 posts

Posted by Pinky > 2022-06-03 12:42 | Report Abuse

still can top up at this price? hmm...

treasurehunt

1,884 posts

Posted by treasurehunt > 2022-06-03 13:32 | Report Abuse

AMBank market cap is higher than Topglov and Inari and expect entering KLCI club in the next review.

treasurehunt

1,884 posts

Posted by treasurehunt > 2022-06-03 14:16 | Report Abuse

Apart from attractive PER valuation of 8.3x, Ambank is traded at relatively low P/B 0.74x in comparison with its peers.

Price/Book Vaue:

AMBank - 0.74x
ABMB - 0.87x
BIMB - 0.94x
CIMB - 0.88x
RHBBank - 0.88x

PER valuation:
AMBank - 8.3x
ABMB - 9.7x
BIMB - 13.2x
CIMB - 11.7x
RHBBank - 9.5x

Posted by Raymond Tiruchelvam > 2022-06-03 17:10 | Report Abuse

thanks or no thanks to 1MDB ... ambank price got shot down, and now making its way back into the PE of its peers, hope this will sustain..... nearest to ambank is cimb, forward looking PE

Pinky

3,478 posts

Posted by Pinky > 2022-06-03 17:35 | Report Abuse

1MDB is a blessing in disguise, the global settlement sum attracts a tax credit right?

YouWin

59 posts

Posted by YouWin > 2022-06-03 21:28 | Report Abuse

Expecting the insurance sale approval before the end of June

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2022-06-03 22:32 | Report Abuse

Wow finally got dividend. Better than nothing. 1MDB scandal is just smokescreen. This is ambank. Malay bank can't die easily. If not Najib why choose ambank instead of other bank.

yfchong

5,879 posts

Posted by yfchong > 2022-06-05 09:46 | Report Abuse

Looking at 0 85X PTBV

yfchong

5,879 posts

Posted by yfchong > 2022-06-06 11:08 | Report Abuse

june 20 ex-date after long wait

Pinky

3,478 posts

Posted by Pinky > 2022-06-07 15:24 | Report Abuse

U turn upwards. Nice! At this valuation it's simply too tasty

Posted by CakapSohaiThings > 2022-06-07 19:27 | Report Abuse

When it was 3-3.3, no one talks about valuation. I like how people get euphoric when the share price increases but not when the share is cheap. I guess it is time to take profit and plan for a re-entry when the hype is over

Pinky

3,478 posts

Posted by Pinky > 2022-06-07 19:49 | Report Abuse

With the 1MDB global settlement a done deal and dividend resumed, no way AmBank will return to low RM3.00s

treasurehunt

1,884 posts

Posted by treasurehunt > 2022-06-07 20:49 | Report Abuse

People were haunted with possible big impairment and prosperity tax in the financial year end lor. It is cleared sky now.

treasurehunt

1,884 posts

Posted by treasurehunt > 2022-06-08 13:07 | Report Abuse

AMBank Market Cap has surpassed Inari and Topglov. Next near term target is to overtake Harta and Dialog.

treasurehunt

1,884 posts

Posted by treasurehunt > 2022-06-09 11:57 | Report Abuse

AMBank at least paid 5 cents cash dividend unlike some banks fool their shareholders through paying ' handsome ' Dividend Re-Investment Plan ' which is nothing more than bonus issues.

yfchong

5,879 posts

Posted by yfchong > 2022-06-09 21:34 | Report Abuse

Let's make it above 4.00, i am happy...

treasurehunt

1,884 posts

Posted by treasurehunt > 2022-06-13 17:15 | Report Abuse

Melting in every sector. Sigh..

YouWin

59 posts

Posted by YouWin > 2022-06-13 19:16 | Report Abuse

Bad market sentiment

yfchong

5,879 posts

Posted by yfchong > 2022-06-15 06:51 | Report Abuse

Ya lor. If not rn 400 on track

KooSan

543 posts

Posted by KooSan > 2022-06-15 11:11 | Report Abuse

4.00 will still be on track. This the cheapest

Pinky

3,478 posts

Posted by Pinky > 2022-06-15 12:59 | Report Abuse

Rate hike can only be good for banks

leeling

101 posts

Posted by leeling > 2022-06-16 10:14 | Report Abuse

slowly slowly up

leeling

101 posts

Posted by leeling > 2022-06-16 10:15 | Report Abuse

look everyday up this counter

treasurehunt

1,884 posts

Posted by treasurehunt > 2022-06-17 21:28 | Report Abuse

Many companies have staged a double top pattern. Be cautious!

Posted by bullmarket1628 > 2022-06-28 12:07 | Report Abuse

Super good news !
Parliament will dissolves by end Sept 2022 and GE15 is on Nov 2022

For those who still haven’t grab any cheap stocks, please faster grab any of it before too late !
If not, later don’t just sit there and see all of us here making tonnes of profits ya !

Heng ah, Ong ah, Huat ah !

YouWin

59 posts

Posted by YouWin > 2022-06-28 20:29 | Report Abuse

Insurance sale finally approved by MoF.

speakup

27,040 posts

Posted by speakup > 2022-06-29 09:16 | Report Abuse

ambank down after announce sale of insurance unit = bad news

Pinky

3,478 posts

Posted by Pinky > 2022-06-29 09:27 | Report Abuse

buy on rumours sell on news ma

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