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

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

Why drop so much today?

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

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

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

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

Ambank is the bank with highest chance of takeover

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

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

AMBANK runs ahead my tiger bank today

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?

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

Besok limit up

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

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

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

🍺🍺
🍻

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

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

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

hopefully can get special dividend of 30sen

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

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

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?

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

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

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

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

going uppppp

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

Is it special dividend to be announced soon?

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

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

Great results! Nanti pecah rm4

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

Dividend!

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

P/E 7.54. Supremely undervalued

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

Go for it !

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

Posted by speakup > 2023-11-27 13:23 | Report Abuse

Cimb takeover Ambank ke?

Posted by Layla123 > 2023-11-27 15:39 | 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/

Posted by speakup > 2023-11-27 21:21 | Report Abuse

ambank nta 5.59! skrang 4.05 murah giler!

Posted by aklobi > 2023-11-30 11:33 | Report Abuse

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

Posted by ykloh > 2023-11-30 14:46 | Report Abuse

Use the translation app.

Posted by aklobi > 2023-11-30 19:27 | Report Abuse

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

Posted by DatoShare > 2023-12-13 10:26 | Report Abuse

will likely be swallowed by another bank soon

Posted by speakup > 2024-01-01 21:27 | Report Abuse

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

Posted by smartly > 2024-01-11 17:28 | Report Abuse

https://www.sinchew.com.my/?p=5278387

Posted by smartly > 2024-01-11 17:29 | Report Abuse

bad news for AMBANK

Posted by Dehcomic01 > 2 months 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

Posted by calvintaneng > 2 months ago | Report Abuse

Blog: A LOOK AT DIVIDEND PERFORMANCE BETWEEN PALM OIL & BANKS, Calvin Tan

https://klse.i3investor.com/web/forum/forum-thread/608619778

Posted by Nepo > 1 month ago | Report Abuse

makan sedikit @ 4, rare opportunity

Posted by Bblue77 > 1 month ago | Report Abuse

interesting how EPF was busy disposing their stake before the new broke. laughable all this insider trading

Posted by pang72 > 1 month ago | Report Abuse

Drop to 3 years low - $2.5

I will switch all bank shares to ammb:)

Posted by speakup > 1 month ago | Report Abuse

Speakup bought 2.70 during pandemic
Doubt will ever go 2.50. if pandemic only 2.70 how to 2.50?

Posted by nelsonlimpy > 1 month ago | Report Abuse

who is the buyer for ANZ share portion?

Posted by invest8912 > 1 month ago | Report Abuse

If someone willing to buy big chunk of shares at RM3.85, do you think bilis like us can get below that price ?

Posted by smartly > 1 month ago | Report Abuse

like epf sell to the market mah....can sell higher price.

Posted by Goldgent > 1 month ago | Report Abuse

Best buy 3.85~3.90.
ANZ to sell 16.5% AmBank via a block trade at a price of RM3.85 per share.

Posted by pharker > 1 month ago | Report Abuse

Term sheet by CIMB..ANZ selling price at RM3.80..

Posted by pharker > 1 month ago | Report Abuse

Soon will get close to 3.85..wait first