Posted by omnigunk > 2016-10-05 14:12 | Report Abuse

That's very good news. I sold off at 4.4 now is a good time to re-enter

Posted by shortinvestor77 > 2016-10-05 14:18 | Report Abuse

Hope 4 is coming.

Posted by m00077 > 2016-10-05 14:23 | Report Abuse

AMBANK WILL DEFINITELY GO BELOW RM4.00 BECAUSE OF HIGH LOAN PROVIDED TO O&G, INCLUDING LOAN TO PERISAI PETROLEUM TEKNOLOGI.

Posted by omnigunk > 2016-10-05 14:54 | Report Abuse

Entered. Its just over reaction taking place.

Posted by omnigunk > 2016-10-05 14:57 | Report Abuse

http://www.thestar.com.my/business/business-news/2016/10/05/perisai-petroleum-jv-partner-get-financing-offer/

Posted by imlearning > 2016-10-05 14:58 | Report Abuse

I'm losing money....

Posted by imlearning > 2016-10-05 15:02 | Report Abuse

Okie,I'm collecting now,hope average my price

Posted by Michael Chen > 2016-10-05 15:14 | Report Abuse

https://valuestockresearch.wordpress.com/2016/10/02/3-reasons-why-banking-stocks-should-be-on-your-watchlist/

Posted by omnigunk > 2016-10-05 15:18 | Report Abuse

Short term: Over reaction to AMBank's exposure to Perisai.
Long term: Fundamentals are still good. Look at the juicy P/E ratio.

Posted by tralala > 2016-10-05 15:45 | Report Abuse

nice, everyday new 52week low...

Posted by tralala > 2016-10-05 15:53 | Report Abuse

because the analyst working for those fund managers that are selling are not very goood

Posted by tralala > 2016-10-05 16:20 | Report Abuse

RM 4!, lol

Posted by omnigunk > 2016-10-05 16:23 | Report Abuse

Yay, finally hit RM 4

Posted by smartly > 2016-10-05 16:32 | Report Abuse

i am in....sapu...

Posted by omnigunk > 2016-10-05 16:37 | Report Abuse

3.98 in

Posted by ms749 > 2016-10-05 16:38 | Report Abuse

all hail jorgsacul haha

Posted by tralala > 2016-10-05 16:45 | Report Abuse

lol, 3.95 for like 1 sec... i cant even see it go 3.95, lol

Posted by vitac > 2016-10-05 16:47 | Report Abuse

Yes very fast, i q at 3.95 also kena...

Posted by tralala > 2016-10-05 16:47 | Report Abuse

all sell ambank and rhb buy cimb n maybank

Posted by AlphaBetaGamma > 2016-10-05 16:54 | Report Abuse

What is happening to this company? Can't believe my buy queue for Ambank finally got hit after so long waiting. EPF seems to be buying but the price seems to be on a free fall...

Posted by omnigunk > 2016-10-05 16:54 | Report Abuse

I only managed 3.97

Posted by tralala > 2016-10-05 16:56 | Report Abuse

champion bank, lol

Posted by ms749 > 2016-10-05 16:57 | Report Abuse

http://www.thestar.com.my/business/business-news/2016/10/05/banks-may-incur-provisions-for-exposure-to-perisai/

Posted by beso > 2016-10-05 17:07 | Report Abuse

sure drop further

Posted by fattycat > 2016-10-05 17:14 | Report Abuse

terrible drop ...

Posted by shortinvestor77 > 2016-10-05 17:23 | Report Abuse

jorgascul, your prayer made it below 4.

Posted by AlphaBetaGamma > 2016-10-05 17:28 | Report Abuse

Omnigunk, it's you again... U also were in CIMB rite? Seems like we are always on the same boat

Posted by skybursa > 2016-10-05 17:32 | Report Abuse

Just like cimb. Time to buy .

Posted by omnigunk > 2016-10-05 18:27 | Report Abuse

Hi AlphaBetaGamma, yes this time I took risk to enter. Ambank's fundamentals is good and the valuation is very cheap now.

Posted by omnigunk > 2016-10-05 18:28 | Report Abuse

I have more CIMB shares now than before I sold off.

Posted by RainT > 2016-10-05 20:44 | Report Abuse

3.98 is 10 year new low
Must buy

Posted by meisha > 2016-10-05 20:52 | Report Abuse

I will buy if the price drops again tomorrow...

Posted by Kksah5097 > 2016-10-05 21:02 | Report Abuse

Yes, finally bought today !! I been waiting so long ,
If tomorrow drop , will accumulate it , due the fundamental
still strong ....

Posted by smartly > 2016-10-05 21:42 | Report Abuse

ambank's damaged on perisai's default could be around 7%.
if ambank down by another 5% to 3.70, wallop kaw kaw...

Posted by RainT > 2016-10-05 22:37 | Report Abuse

Habis la
Ambank profit will drop 6% because of perisai bond problem

Posted by RainT > 2016-10-05 22:39 | Report Abuse

Fundamental still string ????
The perisai bond default will affect ambank profit
So coming profit will drop ....where fundamental still good ?

Posted by AlphaBetaGamma > 2016-10-05 22:44 | Report Abuse

Yes, profit will drop next quarter but same like CIMB, Ambank is currently trading more than .8x below NTA. Good time to buy, IMHO

Posted by Anson1314 > 2016-10-05 23:44 | Report Abuse

ambank pinjam min 1.5B to perisai...perisai bond GG.com

Posted by Anson1314 > 2016-10-05 23:44 | Report Abuse

if perisai GG. ambank GG 1.5B.

Posted by Anson1314 > 2016-10-05 23:45 | Report Abuse

http://klse.i3investor.com/blogs/sin_chew_hot_stocks/105803.jsp

Posted by jorgsacul > 2016-10-06 06:35 | Report Abuse

Time to buy slowly ... wallop at 3.95

Posted by jorgsacul > 2016-10-06 07:10 | Report Abuse

This bank no direction... their view is..., public money ...salary still in .., who cares
Anyhow price point is reasonable to buy but hold could be slight longer as dividend will drop as well

Posted by omnigunk > 2016-10-06 09:53 | Report Abuse

Fundamental still good means it will recover from this one off loss

Posted by jorgsacul > 2016-10-06 11:29 | Report Abuse

Worried industry bond default

Posted by jorgsacul > 2016-10-06 11:52 | Report Abuse

Gone this bank... got time streaming live car test drive. Shoik sendiri

Posted by maggie > 2016-10-06 15:17 | Report Abuse

call warrant high risk

Posted by JJchan > 2016-10-06 20:50 | Report Abuse

Anyone knows whether ambank is exposed to other O&G loans....I don't think Perisai is the
last one.....

Posted by cooling > 2016-10-07 01:10 | Report Abuse

don't touch this counter..ANZ bank is selling and exiting msia

Posted by JJchan > 2016-10-07 10:53 | Report Abuse

Thanks

Posted by ms749 > 2016-10-07 15:13 | Report Abuse

@JJchan I think more like Perisai is just the start