AMMB HOLDINGS BHD

KLSE (MYR): AMBANK (1015)

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Last Price

4.15

Today's Change

-0.02 (0.48%)

Day's Change

4.11 - 4.19

Trading Volume

5,677,600


9 people like this.

5,396 comment(s). Last comment by curiousq 2 weeks ago

NESARAJAH1

394 posts

Posted by NESARAJAH1 > 2023-03-24 12:32 | Report Abuse

Average down. Share buy back is a good sign

aklobi

270 posts

Posted by aklobi > 2023-03-24 15:30 | Report Abuse

Collected more today

deric5721

16 posts

Posted by deric5721 > 2023-03-24 16:58 | Report Abuse

ya.. accumulated now. Wonder why drop so much today

Posted by lawrence86 > 2023-03-24 17:01 | Report Abuse

omg still look at this most sampah bank in klse? ...go for maybank and cimb la

aklobi

270 posts

Posted by aklobi > 2023-03-24 18:16 | Report Abuse

@lawrence86, PE ratio is key. I am an investor not a trader. AMMBANK PE is 7
CIMB PE is 14
MAYBANK is 12

AMMBANK is much better yield wise.

speakup

25,016 posts

Posted by speakup > 2023-03-24 18:51 | Report Abuse

Agree. Deeply undervalued due to 1MDB.

Posted by lawrence86 > 2023-03-27 15:55 | Report Abuse

no i would still get maybank/cimb rather than this sampah bank....even affin is better than this

aklobi

270 posts

Posted by aklobi > 2023-03-28 18:29 | Report Abuse

Seems 1mdb reputation is preventing people from looking through to the opportunity of this bank. Maybe a harsh awakening will come one day to the doomsters.

speakup

25,016 posts

Posted by speakup > 2023-03-28 20:34 | Report Abuse

Ambank is a M&A candidate

Pinky

3,209 posts

Posted by Pinky > 2023-05-29 13:13 | Report Abuse

Good performance, as expected!

speakup

25,016 posts

Pinky

3,209 posts

Posted by Pinky > 2023-05-29 15:25 | Report Abuse

Topped up!

ks5S

4,601 posts

Posted by ks5S > 2023-05-29 15:38 | Report Abuse

cross 3.60 soon

speakup

25,016 posts

Posted by speakup > 2023-05-29 16:13 | Report Abuse

Back to pre pandemic dividend levels

hhhiii123

677 posts

Posted by hhhiii123 > 2023-05-29 20:14 | Report Abuse

good good dividend

speakup

25,016 posts

Posted by speakup > 2023-05-30 09:28 | Report Abuse

BFM tis morning say this is undervalued

troy88

2,550 posts

Posted by troy88 > 2023-05-30 10:33 | Report Abuse

Solid result. Will makan if goes down below 3.50 knowing that bursa likes to rotate because it's a no money index

Pinky

3,209 posts

Posted by Pinky > 2023-05-30 11:46 | Report Abuse

@speakup grossly undervalued, see the P/B ratio

Posted by cooledhawk123654 > 2023-06-01 08:40 | Report Abuse

why last minute push up so much?

troy88

2,550 posts

Posted by troy88 > 2023-06-14 15:51 | Report Abuse

nice dividend, nice rebound

troy88

2,550 posts

Posted by troy88 > 2023-06-22 09:22 | Report Abuse

Slowly climbing back up

Posted by success2628 > 2023-06-27 16:01 |

Post removed.Why?

Posted by success2628 > 2023-07-02 09:49 | Report Abuse

Super Good news !
More & more companies rushing to be listed into KLSE !
There are 6 companies going to be listed in KLSE for July & early August 2023 ! 


1)Skyworld 10-7-2023 0.80

2)DC Healthcare 17-7-2023 0.25

3)MSTGOFT 20-7-2023 0.81

4)MYMBN 25-7-2023 0.21

5)Daythree 26-7-2023 0.30
6)KGW 1-8-2023 0.21

Posted by success2628 > 2023-07-17 07:23 |

Post removed.Why?

Pinky

3,209 posts

Posted by Pinky > 2023-07-17 09:28 | Report Abuse

return of the i3 spammer. Admin, please perma-ban this joker

troy88

2,550 posts

Posted by troy88 > 2023-07-25 10:11 | Report Abuse

Coming back!

Posted by success2628 > 2023-07-25 16:18 |

Post removed.Why?

Posted by DividendGuy67 > 2023-07-29 16:36 | Report Abuse

Long term chart suggest that the worst is over - the bottom is likely to be the bottom observed in 2020-2021.
The bank is under-valued but is under-valued for a reason. It doesn't share its wealth with shareholders. Despite earning 52 sen, it only paid 18 sen. The prior 3 years, total dividend is a measly 5 sen, 0 sen, 13 sen.

And this bank has a bad reputation to look after shareholders.

Many people look at under-value first. For me, I look at how well it treat shareholders in the past over many, many years. This bank, my confidence level, to take care of me as shareholders, is much lower than other banks like Maybank.

Still, some of the best speculative returns happens when perception changes. So, I own a very small amount for speculation only, but I'm not topping up, because I am just waiting to dispose at the swing high price. This is not for marriage, but just a one night stand. You never marry someone who doesn't take care of you over past decades.

Posted by DividendGuy67 > 2023-07-29 16:45 | Report Abuse

If compare small banks like BIMB over the past 8 years, I very much prefer BIMB.
AMBANK dividend = 18.3, 5, 0, 13.3, 20, 15, 17.6, 15.5. Sum over 8 years = 104 sen. AMBANK price 3.82
BIMB dividend = 13.8, 10.9, 12.6, 16, 15.5, 14, 13, 12.2. Sum over 8 years = 108 sen. BIMB price 2.16

It is very clear, BIMB takes care of its shareholders much, much better than AMBANK.
Both companies are under-valued, relative to its NTA and PE.

But I owned BIMB 10 times the size of my ownership of AMBANK, because I prefer for the long term, the way BIMB shares its profits with shareholders. It can still improve a lot as it is still only sharing 38% of its historical earnings only.

speakup

25,016 posts

Posted by speakup > 2023-07-29 17:00 | Report Abuse

speakup holding Ambank too. Bought at 2.70 when it plunged due to 1MDB payment

Pinky

3,209 posts

Posted by Pinky > 2023-07-30 07:11 | Report Abuse

AmBank cut dividends in recent years to rebuild its capital after paying thr 1MDB fine/penalty. It's public info, in the news. Now it's ready to resume its previous dividend policy already.

troy88

2,550 posts

Posted by troy88 > 2023-07-31 10:54 | Report Abuse

this bank always bounces back

pang72

47,413 posts

Posted by pang72 > 2023-07-31 15:00 | Report Abuse

How about ABMB as compared to AMBANK and cimb?
Any suggestion?

Pinky

3,209 posts

Posted by Pinky > 2023-07-31 17:30 | Report Abuse

ABMB is well-managed but branch network very little. To me it's something like a niche bank.

Both Alliance and AmBank has significant exposure to SME segment

But I observe that AmBank has more malay customers, while Alliance more chinese ones

Pinky

3,209 posts

Posted by Pinky > 2023-07-31 17:32 | Report Abuse

@pang72 u see their P/E, earnings yield, profit margin, P/B ratio, almost everything similar

But CURRENT dividend yield, Alliance higher. Whereas for AmBank, u might have dividend upside (cos current payout ratio is relatively low)

Just my 2 sen

pang72

47,413 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

3,209 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

47,413 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

3,209 posts

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

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

pang72

47,413 posts

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

Thanks pinky.
Will look into ambank if any good entry

speakup

25,016 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

25,016 posts

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

besok limit up!

speakup

25,016 posts

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

tomorrow open minimum RM4!

Pinky

3,209 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

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