Posted by Nickmotor > 2019-12-06 07:57 | Report Abuse

buy....got dividend next week

Posted by Nickmotor > 2019-12-09 17:05 | Report Abuse

omg...today 6 sen down....no eyes anymore

Posted by Jeffreyteck > 2019-12-09 22:22 | Report Abuse

TP3.50.

Posted by yfchong > 2019-12-10 11:58 | Report Abuse

Aiyo no strength

Posted by Jeffreyteck > 2019-12-10 17:31 | Report Abuse

Drag by on going criminal trial. Forged signature.... Hopefully only one case with this argument. Otherwise banks may have to abandon traditional signature.

Posted by Nick Motor > 2019-12-10 19:12 | Report Abuse

AMMB wishes to announce that on 9 December 2019, the Company and its wholly-owned subsidiary, AmBank Islamic Berhad (“AmBank Islamic”), were served with a writ and statement of claim by Dato’ Sri Mohd Najib bin Hj Abd Razak (“Plaintiff”). In this action, the Plaintiff is seeking damages in relation to the conduct of his current accounts opened with AmBank Islamic.



Both AMMB and AmBank Islamic have appointed solicitors to defend the suit and have been advised by solicitors that the allegations are not sustainable and AmBank Islamic and the Company have a strong defence. AMMB and AmBank Islamic will vigorously oppose the action. The suit will not have a material impact on the operations of AmBank Islamic and the Company.

Posted by Nick Motor > 2019-12-10 19:12 | Report Abuse

any effect tomorow?

Posted by yfchong > 2019-12-10 21:31 | Report Abuse

Shot up to the sky

Posted by Good123 > 2019-12-10 23:50 | Report Abuse

akan jatuh esok, dah dijangka. KUALA LUMPUR (Dec 10): AMMB Holdings Bhd (AmBank Group) and its subsidiary AmBank Islamic Bhd have appointed solicitors to fight the suit filed by former prime minister Datuk Seri Najib Razak, in relation to the handling of his current accounts with AmBank Islamic.
In a stock exchange filing today, the bank confirmed it has been served with a writ and statement of claim by Najib on Monday (Dec 9), and that Najib is seeking damages in relation to the conduct of his accounts.
“Both AMMB and AmBank Islamic have appointed solicitors to defend the suit and have been advised by solicitors that the allegations are not sustainable and AmBank Islamic and the company have a strong defence.
“AMMB and AmBank Islamic will vigorously oppose the action,” the banking group said.
It added that the suit will not have any material impact on its operations.
theedgemarkets.com reported this afternoon that Najib is suing the banking group and AmBank Islamic, as well as former AmBank relationship manager Joanna Yu Ging Ping, over what he claimed were the dealings that were undertaken via his accounts which ended with the numbers 694, 880, 898 and 906, without his knowledge or consent.
These accounts were alleged to have been used to divert funds from SRC International Sdn Bhd, where Najib is facing graft and power abuse charges for the siphoning off of RM42 million from the former 1MDB subsidiary.
In the court document filed and sighted by theedgemarkets, Najib claimed the defendants had breached their duties and were negligent in the affairs relating to the accounts, as the parties had liaised with fugitive businessman Low Taek Jho or Jho Low, an unauthorised third party.
The suit also claimed  the bank had failed to notify the former premier of the activities of the account, despite the accounts going into overdrawn positions more than 30 times.
AMMB rose five sen or 1.31% to RM3.87 today, bringing a market capitalisation of RM11.66 billion.

Posted by Good123 > 2019-12-10 23:51 | Report Abuse

banking biz is about trust, kena Sued by former PM Najib, trust terjejas juga, kalah atau memang, takda pemenang :)

Posted by Plantermen > 2019-12-11 07:32 | Report Abuse

Najib trial indicates his account used are stamp signature { similar to printed cheques used by most big companies}

Posted by zerocool7199 > 2019-12-11 08:25 | Report Abuse

https://www.nst.com.my/news/crime-courts/2019/12/546740/najib-files-suit-against-ambank-former-staff-mismanaging-his

Posted by Jeffreyteck > 2019-12-11 12:39 | Report Abuse

Political risk is high in the next election if ph no longer has harapan. Trading range est 3.50_4.30.

Posted by yfchong > 2019-12-11 13:59 | Report Abuse

Susah susah.

Posted by ehhmotor2 > 2019-12-12 09:36 | Report Abuse

last day to qualified dividen....buy buy buy

Posted by yfchong > 2019-12-12 11:40 | Report Abuse

Motor motor... Tomorrow 6 tiers.....

Posted by yfchong > 2019-12-12 11:40 | Report Abuse

Can buy nasi lemak

Posted by ehhmotor2 > 2019-12-12 14:17 | Report Abuse

can can...come come..i belanja u makan

Posted by ehhmotor2 > 2019-12-12 14:18 | Report Abuse

u kasih bobi bobi 2half price high kaw kaw la

Posted by yfchong > 2019-12-13 10:12 | Report Abuse

Popi Popi until next year..

Posted by tkl88 > 2019-12-13 12:37 | Report Abuse

Dow Rockets Toward Record After US & China Broker Last-Minute Trade Deal
https://www.ccn.com/dow-rockets-toward-record-after-us-china-broker-last-minute-trade-deal/

The Dow Jones powered toward record highs on Thursday after the US and China brokered a last-minute trade deal to present to Trump. | REUTERS/Kevin Lamarque

The Dow Jones soared back toward record highs after the US and China reached a “phase one” trade deal.
Boeing (BA) stock weighed heavily on the Dow 30 after China expressed concerns about the 737 Max jet.
Goldman Sachs remains optimistic for 2020, forecasting a low chance of a stock market-rocking recession.
Following a midday hiccup, the Dow Jones rocketed back in late afternoon trading to approach the record high it set earlier in the day.

The catalyst for the recovery was Bloomberg’s report that the US and China had reached an agreement in principle on the “phase one” trade deal that investors have been waiting on since October.


Walaoeh... US and China finally reached a “phase one” trade deal !!!
Hosei liao lar this this our stock market !!!
Market are so bullish now !!!
2020 onwards will be prosperous years !!!
KLSE going to break 2,000 points soon !!!
Huat ah ! Heng ah ! Ong ah !

Posted by stocksyndicate > 2019-12-13 17:49 | Report Abuse

Good closing. I makes some good buy today. Thanks sellers

Posted by Jonathan Keung > 2019-12-14 08:41 | Report Abuse

2020 is Trump election year. GOP needs to address the mid west agricultural core supporters

Posted by yfchong > 2019-12-15 16:59 | Report Abuse

No ho sieh.. Challenge new low liao.. 52 wk low challenged...

Posted by yfchong > 2019-12-16 14:06 | Report Abuse

gg. com

Posted by stocksyndicate > 2019-12-16 20:08 | Report Abuse

UK and Dow all green. I strongly believe a new year rally is near. AMBANK & others banking shares will ruuuuuun higher.

Posted by yfchong > 2019-12-16 22:17 | Report Abuse

need the syndicate to have the helping hands... already lock in ...

Posted by yfchong > 2019-12-17 09:36 | Report Abuse

gg.com

Posted by yfchong > 2019-12-17 12:16 | Report Abuse

Ambank going to face a hard time with legal issues.?

Posted by yfchong > 2019-12-17 14:00 | Report Abuse

When is operator coming to push m push... Nothing to do now pubg

Posted by ptranssss > 2019-12-17 22:39 | Report Abuse

today can eat KFC....hope tomorrow can eat dimsum at hotel

Posted by Victor Yong > 2019-12-18 08:45 | Report Abuse

Najib's Arabian Tale over his AmBank account raises some serious questions about the bank's anti-money laundering procedures that will be scrutinised in the event of his threatened action against the bank that protected his billion dollar accounts for so long: http://www.sarawakreport.org/2019/12/why-najibs-threatened-legal-action-will-trouble-ambank-and-australias-anz/

Posted by stocksyndicate > 2019-12-18 12:36 | Report Abuse

Past stories. Everything are already price in la. Going forward is bright.

Posted by ptranssss > 2019-12-18 17:21 | Report Abuse

Foreign fund come in???all bank share kaw kaw up.....

Posted by tkl88 > 2019-12-18 17:54 | Report Abuse

Wow, what happend ?
Today KLSE spike up to 1,599,11 points (+22.16)(+1.41 %)

Posted by tkl88 > 2019-12-18 17:54 | Report Abuse

Like that by next week (end of 2019), KLSE probably will spike up to closed above 1,700 points liao lah !
Huat ah ! Heng ah Ong ah !

Posted by yfchong > 2019-12-18 21:20 | Report Abuse

ammb NIM still have room for improvement

Posted by Jeffreyteck > 2019-12-19 08:51 | Report Abuse

Normally companies buying back shares will see price drop further. Why can't give higher dividend instead of buying back own shares which is subject to misuse eg buy from those who entitle for esos or with insider info. GENM bought back shares when price above 5, then again above 4, only see its price now just above 3.

Posted by stocksyndicate > 2019-12-19 14:26 | Report Abuse

Share buyback is a normal practices in US. With a weak share prices no investors will even bother to look at it. The management sees value in their company shares or you just said it's undervalued.

Posted by stocksyndicate > 2019-12-19 14:28 | Report Abuse

I'm holding 3 banking counters. AMBANK is the cheapest among PE.

Posted by yfchong > 2019-12-20 07:01 | Report Abuse

Please push up more... back to 4.5

Posted by yfchong > 2019-12-21 16:39 | Report Abuse

Need more energy

Posted by Plantermen > 2019-12-23 08:12 | Report Abuse

First target is 4 level mark

Posted by RainT > 2019-12-30 12:49 | Report Abuse

worst customer service award goes to.......

AMBANK

Posted by yfchong > 2020-01-01 13:19 | Report Abuse

2020 : see ambank can perform well or not.. I am not greedy only 4.50 my TP

Posted by willc48 > 2020-01-01 21:42 | Report Abuse

price drop to 3.85 expected. Long term target by chinese china bank expected to resume again if not because of RHB Bank putting a foot to spoilt the mood

Posted by Plantermen > 2020-01-02 11:10 | Report Abuse

Cimb adds Ammb, PBB and RHB on their add list

Posted by tkl88 > 2020-01-17 00:14 | Report Abuse

Wow, US-China trade deal, bull market is coming !
As at 12.10a.m,
DJI traded at=> 29,193.14 (+162.92) (+0.56%) !
Like that tommorrow probably will break above 4.50 liao!

Huat ah ! Heng ah ! Ong ah !

Posted by Havefun > 2020-01-18 10:47 | Report Abuse

In your dream it will hit 4.50. I would aim for 45 in mine

Posted by IvanC > 2020-01-22 16:00 | Report Abuse

BNM cuts OPR to 2.75%