AMMB HOLDINGS BHD

KLSE (MYR): AMBANK (1015)

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Last Price

5.37

Today's Change

-0.12 (2.19%)

Day's Change

5.32 - 5.50

Trading Volume

29,528,700


9 people like this.

5,515 comment(s). Last comment by Pinky 1 day ago

RainT

8,448 posts

Posted by RainT > 2019-09-17 09:26 | Report Abuse

Undeniable AMBANK is one of the worst in customer service

tkl88

8,712 posts

Posted by tkl88 > 2019-09-19 09:35 | Report Abuse

What a superb Good News ! US Fed cuts key interest rate by quarter-percentage point !

FOMC cuts fed funds rate, 7 officials project one more by year end
Posted by: Market Watch in Market News 8 hours ago
https://forextv.com/market-news/fomc-cuts-fed-funds-rate-7-officials-project-one-more-by-year-end/

Like that all the funds and capitals will flood into Asian Countries included Malaysia already !
Huat ah ! Heng ah ! Ong ah !

yfchong

5,883 posts

Posted by yfchong > 2019-09-22 19:45 | Report Abuse

Huat or huat huat

eYuppie

403 posts

Posted by eYuppie > 2019-09-30 16:16 | Report Abuse

Why AmBank starts falling back?

mancingbursa

4,268 posts

Posted by mancingbursa > 2019-09-30 18:21 | Report Abuse

Can buy a....

yfchong

5,883 posts

Posted by yfchong > 2019-10-05 19:51 | Report Abuse

Die liau.

snwong13

724 posts

Posted by snwong13 > 2019-10-09 05:42 | Report Abuse

.
Eroding public confident?

tkl88

8,712 posts

Posted by tkl88 > 2019-10-09 09:50 | Report Abuse

Countdown 2 days to 11/10/2019 (Friday)'s super prosperous budget 2020 !
Huat ah ! Heng ah ! Ong ah !

snwong13

724 posts

Posted by snwong13 > 2019-10-09 18:40 | Report Abuse

.
Selling on News!

In the end, the High Court heard, the losers were not only 1MDB and its predecessor the Terengganu Investment Authority (TIA), but also *Ambank’s shareholders.*

Others who got the short end of the stick included entities like the Employees Provident Fund *(EPF)* , Social Security Organisation *(Socso)* and a number of *insurance companies* .

https://www.nst.com.my/news/crime-courts/2019/10/528357/shafee-malaysians-were-screwed-over-twice-jho-low-ambank-conspiracy

Vulture123

405 posts

Posted by Vulture123 > 2019-10-09 19:08 | Report Abuse

Based on this latest bomb shell revelation, what is BNM & Government going to do about such serious allegations presented in High Court ?

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2019-10-10 08:33 | Report Abuse

As if the regulator doesn't know. If not some issues pop out, may not fine so fast. Jaga sendiri may be already the culture. Governance structure just to bullshit. TP3.00

yfchong

5,883 posts

Posted by yfchong > 2019-10-10 09:09 | Report Abuse

Bad news. Selling on the cards...

tkl88

8,712 posts

Posted by tkl88 > 2019-10-10 10:32 | Report Abuse

Mega project boost for budget Thursday, 10 Oct 2019
https://www.thestar.com.my/business/business-news/2019/10/10/mega-project-boost-for-budget

Good news for KLSE and Malaysia's economy with budget 2020...
Like that our KLSE will spike up to break above 1,800 points ~ 2,000 points after budget i.e year 2000 onwards !

snwong13

724 posts

Posted by snwong13 > 2019-10-10 12:38 | Report Abuse

.
May get another fine due to NON COMPLIANCE again, perhaps a bigger one this round!!

yfchong

5,883 posts

Posted by yfchong > 2019-10-10 13:24 | Report Abuse

May be impairment..?

willc48

723 posts

Posted by willc48 > 2019-10-10 17:44 | Report Abuse

another fine since RM50m? how much damage will Jibby & JLow cost AmBank for bowing to Umno Gang of Political Thief Leaders. Pity the bank. RM2.80 would be the price.

yfchong

5,883 posts

Posted by yfchong > 2019-10-12 10:09 | Report Abuse

Wish it clears off its name fast fast...

masterus

3,606 posts

Posted by masterus > 2019-10-18 10:12 | Report Abuse

Prinsiptek Corp Bhd operates as an investment holding company. Its principal activities are mainly construction and property development. It involves in building and construction activities. The company's segments include Construction, which is engaged in construction works; Property Development, which is engaged in the development of residential and commercial properties, and Trading and others, which is engaged in the trading in building materials, provision of project management and secretarial services and investment holding. Its project includes detached houses, semi-detached houses, terrace house, high-rise hotel, hostel, and apartment.

yfchong

5,883 posts

Posted by yfchong > 2019-10-22 08:07 | Report Abuse

Stuck here

mk00001

84 posts

Posted by mk00001 > 2019-10-22 17:03 | Report Abuse

AmBank Islamic, GreenTech M’sia ink pact to support green initiatives

Posted by bajumerah > 2019-10-23 19:41 | Report Abuse

The gceo must be very excited to announce in few mths time that he has delivered his promise to be no 4 bank in 2020, so hold tight

lilychan

109 posts

Posted by lilychan > 2019-10-24 13:01 | Report Abuse

property slow banking business also slow...

yfchong

5,883 posts

Posted by yfchong > 2019-10-27 13:24 | Report Abuse

Up down up dpwn

soh

2 posts

Posted by soh > 2019-10-30 08:35 | Report Abuse

bull market bank stock will up

mancingbursa

4,268 posts

Posted by mancingbursa > 2019-10-30 17:06 | Report Abuse

hampir mari。。

tkl88

8,712 posts

Posted by tkl88 > 2019-10-31 10:18 | Report Abuse

Fed Cuts Rates a Quarter Point, Powell Says Policy in Good Place
https://www.bloomberg.com/news/articles/2019-10-30/fed-cuts-rates-by-quarter-point-while-hinting-at-a-policy-pause

Wow, US cuts interest rate again, like that Malaysia will follow soon !
Lower interest rate is good for stock market and all other sector to become bullish and prosperous !

Huat ah ! Heng ah ! Ong ah !

yfchong

5,883 posts

Posted by yfchong > 2019-11-02 19:34 | Report Abuse

No huat at the moment.....

koey

83 posts

Posted by koey > 2019-11-04 15:03 | Report Abuse

coming liao...

yfchong

5,883 posts

Posted by yfchong > 2019-11-05 17:30 | Report Abuse

Kambing

yfchong

5,883 posts

Posted by yfchong > 2019-11-06 13:41 | Report Abuse

No kambing

yfchong

5,883 posts

Posted by yfchong > 2019-11-08 19:18 | Report Abuse

Kambing

yfchong

5,883 posts

Posted by yfchong > 2019-11-09 13:22 | Report Abuse

Terapung

yfchong

5,883 posts

Posted by yfchong > 2019-11-10 17:43 | Report Abuse

See 4.80 will be good

LouiseS

286 posts

Posted by LouiseS > 2019-11-19 11:30 | Report Abuse

Am Bank's last five years earning per share decreased overall from 63.8 to 50sen. At current share price, P/E ratio is at relatively low level (8.09). Total annual dividend payout was 20sen per share, at current share price dividend yield is around 4.81%, which is lower than fixed deposit rate. Am Bank did not perform well compared to other banks in Malaysia, return on equity around 8.5% only, cost-to-income ratio, relatively high at more than 50%. Management should improve efficiency more to match the performance of other major banks in Malaysia. Dividend payout ratio is at around 40%, which is similar to other banks. Overall, shares investment in Am Bank are less attractive compared to Maybank, CIMB Bank and Public Bank.

https://louisesinvesting.blogspot.com/2019/11/comments-on-ammb-holdings-berhad-1015.html

Posted by Jonathan Keung > 2019-11-20 05:56 | Report Abuse

Without prejudice ambank pe ratio is the lowest apart from affin. Dividend yield & earnings are at par with the top 4 banking groups. Current new management is more innovative and a higher payout coming FY year can generate more interest in this counter

LouiseS

286 posts

Posted by LouiseS > 2019-11-20 06:02 | Report Abuse

Based on comparison of 8 major bank counters in Malaysia, it is found that currently Am Bank is not ranked as the TOP 3 bank counters worthy to invest in. Am Bank’s performance indicators mostly lag behind other bank counters such as Maybank, Public Bank and Hong Leong Bank. More improvement is needed to increase its competitiveness.

https://louisesinvesting.blogspot.com/2019/11/comparison-of-major-bank-stock-counters.html

Posted by Jonathan Keung > 2019-11-20 06:04 | Report Abuse

They have recruited x-cimb investment bank CEO to their new board { wef 30/10 }

yfchong

5,883 posts

Posted by yfchong > 2019-11-21 16:54 | Report Abuse

Below 4 can come back

yfchong

5,883 posts

Posted by yfchong > 2019-11-23 10:17 | Report Abuse

EPF keeps on disposing...
year end re-balance portfolio.

Posted by Jonathan Keung > 2019-11-25 06:33 | Report Abuse

EPF is doing their books rebalancing. But if they dont jack up Ambank prices { the portfolio will be hit } year to date plus danger of Ambank replaced at FBM 30 by other components. Ambank is sitting at the bottom of the list

yfchong

5,883 posts

Posted by yfchong > 2019-11-29 22:02 | Report Abuse

Take the dividend first

Posted by techlee229 > 2019-12-02 16:22 | Report Abuse

AMMB Holdings Bhd (AmBank) recorded a net profit of RM319.57 million for the second quarter ended Sept 30, 2019 (2Q20), from RM348.15 million recorded a year ago due to allowance impairments and other net write-offs.

The banking group registered an allowance for impairment on financial investments of RM42.99 million in the quarter compared to RM2.82 million write-back of allowance.

AmBank also recorded RM2.59 million of other net write-offs in 2Q20, against RM5.68 million of other recoveries in the same quarter last year.

Its earnings per share for the three months were lower at 10.62 sen from 11.57 sen in 2Q19.

Plantermen

2,242 posts

Posted by Plantermen > 2019-12-03 16:07 | Report Abuse

IDSS hitting banking counters

Posted by Noobster2019 > 2019-12-03 17:00 | Report Abuse

whats IDSS?

Plantermen

2,242 posts

Posted by Plantermen > 2019-12-04 08:38 | Report Abuse

Intra day short selling

somo1

178 posts

Posted by somo1 > 2019-12-04 14:54 | Report Abuse

unlikely as it's been closing at day low.

Posted by Taneeling > 2019-12-05 21:18 | Report Abuse

can buy or not

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