Posted by BATFLY > 2021-02-28 18:42 | Report Abuse

Malaysia is famous for not remembering the past history . Past can be used as a guidance..

Posted by stockraider > 2021-02-28 18:46 | Report Abuse

Yes but must pakai otak a bit mah....!!

MBF was almost a penny stock whereas Ambank is a solid Bank with NTA per share above Rm 6.00 mah!

If u want to learn history...learn properly loh!

Posted by BATFLY > Feb 28, 2021 6:42 PM | Report Abuse

Malaysia is famous for not remembering the past history . Past can be used as a guidance..

Posted by mita29 > 2021-02-28 18:46 | Report Abuse

Fasten your seatbelt guys this is gonna be one hell of a ride from da top.

Posted by CakapSohaiThings > 2021-02-28 19:11 | Report Abuse

Comments suddenly mushrooming at a dead silence counter LOL, the Monday bottom fishing competition is going to be very fierce lol

Posted by XxxxXzz > 2021-02-28 20:01 | Report Abuse

No need comment much lar, tomorrow drop is confirm. Just who enter the correct support price will be big winner. That's all

Posted by signalmw > 2021-02-28 20:12 | Report Abuse

AmBank TP 1.5

Posted by CakapSohaiThings > 2021-02-28 20:13 | Report Abuse

I agree. Just afraid no opportunity to bottom fish because this counter suddenly becomes too active.

3.04 (1st support)
2.9 (2nd support)
2.8 (52 week low)

Posted by memorylane > 2021-02-28 20:14 | Report Abuse

many does not understand the damage degree yet... RM0.94 per share penalty, is equal to 8 quarter of profits, means next 2 years profit is burnt... dividend wise hopes are less for next few quarters/year....

2.8billion = 30% market cap....

Reasonable price 1 -> now NTA = 6, price = 3.16, after penalty NTA 5 = Rm2.63 ?
or
Reasonable price 2 - > Rm3.16 / share price now - RM0.94 / share penalty = Rm 2.22 ?

scenario above a guess, of cos...

Posted by vanbasten9 > 2021-02-28 20:28 | Report Abuse

Im ready......

Posted by Calafate > 2021-02-28 20:46 | Report Abuse

Top Glove should buy this bank & change its name to Top Bank.

Posted by vanbasten9 > 2021-02-28 20:59 | Report Abuse

My lorry is here....

Posted by DeepValueInvestor > 2021-02-28 21:00 | Report Abuse

Impossible limit down, I am ready too, my cargo ship is here...

Posted by shearer202 > 2021-02-28 21:22 | Report Abuse

Where got such cheap price for us to become a bank shareholder , beware of the super high risks !

Posted by YOLOOOO > 2021-02-28 21:37 | Report Abuse

tp 2.22

Posted by vanbasten9 > 2021-02-28 22:01 | Report Abuse

My container is waiting

Posted by paperplane > 2021-02-28 23:33 | Report Abuse

What if no bonus, no dividend, nothing for them next 2,3 years. You think the bank can still grow not? Maybe next 2years busy selling assets only? Reputation is everything in finance world. Does ppl still have confidence on them, regardless whether pidm is there or not

Posted by CakapSohaiThings > 2021-02-28 23:46 | Report Abuse

https://www.occrp.org/en/daily/13194-u-s-agencies-impose-920m-deal-to-jpmorgan#:~:text=New%20York%2Dbased%20global%20banking,Justice%20Department%20said%20on%20Tuesday.
JP Morgan fined for market manipulation, share now ATH

https://www.washingtonpost.com/business/2020/10/22/goldman-sachs-1mdb-record-fine/
Goldman fined for 1mdb, share now ATH

Reputation is not everything in the finance world. Profit is.

It just wiped off their earnings for the past 2 years, which they will earn back in the next 2 years

Posted by nicedurians > 2021-03-01 02:06 | Report Abuse

AMbank is not Goldman or JP Morgan lah! Wait it drop kaw kaw first only buy in. Wait till end March

Posted by SinGor > 2021-03-01 07:59 | Report Abuse

Even Limit Down 2.20 also no Value. It just reflect 94sens Lost

Posted by SinGor > 2021-03-01 08:02 | Report Abuse

With another Cut in BLR and almost guarantee alot Loan defaults in 2021, Bank stocks are in
continue DownGrade. If you pick up Ambank today, most likely a Lemon

Posted by zerocool7199 > 2021-03-01 08:12 | Report Abuse

Bullet standby..oh baby pls come down more

Posted by yfchong > 2021-03-01 08:17 | Report Abuse

Gold rush..... or panicky...

Posted by yfchong > 2021-03-01 08:18 | Report Abuse

Joes standing by now...

Posted by ykloh > 2021-03-01 08:31 | Report Abuse

likely a take over target.

Posted by kongming1 > 2021-03-01 08:34 | Report Abuse

NO WAYANG, suspend ....

Posted by goreng_kaki > 2021-03-01 08:35 | Report Abuse

suspend till when???

Posted by SinGor > 2021-03-01 08:43 | Report Abuse

AmBank and RHB might merged. OskH holding 10% of RHB might be the main Beneficiary

Posted by Moustache > 2021-03-01 08:46 | Report Abuse

Haiz, why suddenly suspend. Got announcement again ?

Posted by yfchong > 2021-03-01 08:47 | Report Abuse

Ai seh..... man

Posted by JBond007 > 2021-03-01 08:51 | Report Abuse

My lorry already waiting. Why suspended?

Posted by Moustache > 2021-03-01 08:54 | Report Abuse

So many lorry and container waiting,suddenly suspend.
What announcement to be made somemore,

Posted by SinGor > 2021-03-01 08:54 | Report Abuse

Check lorry tire pressure or not.....might puchek later

Posted by Trader258 > 2021-03-01 08:58 | Report Abuse

Looks like a nosebleed might be forthcoming...big fine.

Posted by yfchong > 2021-03-01 09:01 | Report Abuse

All the snipper get ready... tiba tiba target missing

Posted by zerocool7199 > 2021-03-01 09:05 | Report Abuse

Patient..target will come back later

Posted by kens88 > 2021-03-01 09:19 | Report Abuse

Declare delisting?

Posted by willc48 > 2021-03-01 09:26 | Report Abuse

leh. suspended bila nak go in at 2.6 where the price will plunged signifucantly today. biawak betul ambank seek suspension.

Posted by Jeffreyteck > 2021-03-01 09:27 | Report Abuse

Nation image:
1. One person action dragged a bank into massive losses. Yet to see accountability but believe boleh spirit will continue.
2. Bod and management, why no sufficient provision was made in the past few quarters after fined by authority? Non disclosure of significant info for investors.
3. Fin authority, why does not require the bank to make provision knowing the situation?
4. Market autjority, why no action for non reporting of potential settlement required?
5. Auditors, why do not forsee contingencies provision required?
Semua Boleh.

Posted by Wei Chan > 2021-03-01 09:31 | Report Abuse

They are talking about merging with RHB now after this scandal has been settled

Posted by SpeedNpower > 2021-03-01 09:32 | Report Abuse

PN17? Another 1mdb fine? GG.

Posted by Stockhunter88 > 2021-03-01 09:33 | Report Abuse

Tp 1.5?

Posted by paperplane > 2021-03-01 09:34 | Report Abuse

WHY NOT EVEN agm, EGM called to informed shareholders? like this no need be listed loh, you make your own decision. SUCH as MAJOR DECISION , at least shareholders need to be informed before hand mah right??

Posted by Havefun > 2021-03-01 09:37 | Report Abuse

Anyone know how long is the suspension? Just 1 day?

Posted by yfchong > 2021-03-01 09:40 | Report Abuse

Bosses go to meeting now.... how to salvage this shit........

Posted by SinGor > 2021-03-01 09:40 | Report Abuse

RHB is going Down....market Talks seem Real....Merger

Posted by spammerx > 2021-03-01 09:42 | Report Abuse

To the moon

Posted by OkieDokie > 2021-03-01 09:44 | Report Abuse

Come on, everybody know how bad the situation is, there is no need for all those so called "Siput" who are trying to instil fear.
I was thinking of grabbing some during this morning rout. Since now the stock is under suspension, let's see how bad is the soon to be released quarter report will be, and let a few analysts who are following this counter to issue their comment and TP.
No need to create anymore huha to hurt the feeling of the retailers who had bought this stock.
Be fair , we are all retailers , no point adding salt to the wound.

Posted by yfchong > 2021-03-01 09:47 | Report Abuse

Wow hlb is issuing 2.95 Ada chun kah

Posted by kens88 > 2021-03-01 09:48 | Report Abuse

Didnt mention suspend how long

Posted by Wei Chan > 2021-03-01 09:50 | Report Abuse

CIMB also long queue le.