Posted by SpeedNpower > 2021-03-01 09:52 | Report Abuse

Don't know why u all holding ambank. Go buy PBB or MBB better dividend and stability. Food for thought Banks can go into bankruptcy and can close. That's why we have PIDM insurance. Ambank is dead soon if you ask me.

Posted by yfchong > 2021-03-01 09:54 | Report Abuse

No need to install fear lah banking.... no can do electronic banking lah...... not enuf funds BNM can support lah.....

Posted by Wei Chan > 2021-03-01 09:54 | Report Abuse

They have 169billion of net asset. How can 3 billion fine make them bancrupt

Posted by yfchong > 2021-03-01 09:56 | Report Abuse

First interest is rss kau kau.... dust settle buy low n mid term view

Posted by BeLikeBuffett > 2021-03-01 09:59 | Report Abuse

rich and powerful always getting richer

poor retailers

Posted by kens88 > 2021-03-01 10:02 | Report Abuse

Suspend until tomorrow 5pm

Posted by SinGor > 2021-03-01 10:04 | Report Abuse

2 days cool down might has "opposite' effect....now all RSS kaki has fully discussed Next action

Posted by Bobgaya > 2021-03-01 10:06 | Report Abuse

No need to worry about ambank..hv strong fundamentals and new Mgmt team

Posted by yfchong > 2021-03-01 10:06 | Report Abuse

No lah probably big boss is making phone call to epf boss to support....

Posted by Bobgaya > 2021-03-01 10:08 | Report Abuse

Don’t create panic hahaha..

Posted by yfchong > 2021-03-01 10:09 | Report Abuse

Is this something like tai shi toi.... tvb drama take break to address all the issues...

Posted by Bobgaya > 2021-03-01 10:12 | Report Abuse

This settlement is not a fine

Posted by Bobgaya > 2021-03-01 10:13 | Report Abuse

Next few days will have good QR announcement. Stay tuned guys

Posted by yfchong > 2021-03-01 10:15 | Report Abuse

How you know must be insider lah......

Posted by yingzhe17 > 2021-03-01 10:31 | Report Abuse

Someone above tokok about 169 bil. If got so much no need issue anything for funds. That guy really no brain and we not instill fear, we educate to mitigate.

Posted by yfchong > 2021-03-01 10:31 | Report Abuse

Unfavarouble to ikan bilis shareholders..........

Posted by Moustache > 2021-03-01 10:36 | Report Abuse

Any idea suspend till when

Posted by SinGor > 2021-03-01 10:42 | Report Abuse

AmBank Got 114B from customers deposit and 13B reserves. Any Bank Run will be disastrous

Posted by Bobgaya > 2021-03-01 10:43 | Report Abuse

Paper plane...similar to Goldman payout, it’s not fine

Posted by Bobgaya > 2021-03-01 10:44 | Report Abuse

Company mmg buat profit..how can be bankrupt?

Posted by Bobgaya > 2021-03-01 10:47 | Report Abuse

CET 1 still above 11% after settlement.

Posted by Bobgaya > 2021-03-01 10:49 | Report Abuse

Tier 2 is to use for capital funding, I think ambank wants to grow further la

Posted by Stockhunter88 > 2021-03-01 10:50 | Report Abuse

The 2.8b fine is as good as 10 QR profit add up from ambank. Crazy!

Posted by eskay67 > 2021-03-01 11:28 | Report Abuse

HLIB Research : “ According to The Edge Weekly, the RM2.83bn was arrived at, based on a penalty of c.5x the RM600m profit generated from the quick flipping of 1MDB bonds”

Posted by paperplane > 2021-03-01 11:38 | Report Abuse

credit suisse ya

Posted by SpeedNpower > 2021-03-01 11:45 | Report Abuse

GG rm2.8 bil penalty. No more profit for 10 qr. Ammb gonna follow gloves?

Posted by jeffchan1901 > 2021-03-01 11:52 | Report Abuse

can someone inform AMMB about unverified slander and sue those spreading lies for a few million? if papagomo can be sued .. I am sure those in forum also can be sued. I mean, come on bankruptcy? very serious allegations

Posted by jeffchan1901 > 2021-03-01 11:53 | Report Abuse

I am sure the authorities can check with admin on email address and IP address to track the slanders

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

Where is ambank boss tan Sri....... to handle this piece of mess

Posted by yfchong > 2021-03-01 12:06 | Report Abuse

Waiting to see ...

Posted by stkoay > 2021-03-01 12:20 | Report Abuse

https://www.theedgemarkets.com/article/anz-writes-down-ambank-stake-after-1mdb-scandal-settlement

ANZ has written down it's 24% stake to A850M....which is equal to RM3.62 per AMMB share.

Wonder why they are writting down if they will still be shareholders ???

Posted by WaterBlower > 2021-03-01 12:23 | Report Abuse

If really wanna die liao SHORT9E

Posted by Newbieinshare > 2021-03-01 12:26 | Report Abuse

Is ok. Bankrupt or not there are still many other banks out there. Choose those better one although it may be pricey but u will buy at ease

Posted by Snowpiercer > 2021-03-01 12:38 | Report Abuse

New EPF CEO first assignment... Back it up

Posted by Havefun > 2021-03-01 12:44 | Report Abuse

Stkoay read carefully just write down the settlement 2.8b equivalent amount

Posted by Moustache > 2021-03-01 12:52 | Report Abuse

Really merge with RHB? RHB share dropping almost 0.20

Posted by investlogic > 2021-03-01 13:01 | Report Abuse

Tengku Zafrul and MoF should go hard out on Jho Low, those 1MDB former officials and culprits to recover the money. Now that they failed to recover the money from these real culprits, now finding scapegoat to recover the 1MDB money?

Ambank shareholders are also general public, EPF and local funds, general public is also depositors. Does this means that, in future if government borrow the money and lose it due to their own bad corporate governance, banks will have to pay for their mistakes? Using this type of bullying and unfair act to cover up their failure will only leave a bad name.

This is very unfair, those real culprit still hiding and enjoying the stolen money, while Ambank has became the easy target and scapegoat that have to pay for the government mistake, using shareholders' money! Where got justice?

Posted by SpeedNpower > 2021-03-01 13:10 | Report Abuse

No point keeping this counter. No dividend whatsoever. Actual loss of 2.8bil . Crazy!!!! Limit down tomorrow

Posted by Snowpiercer > 2021-03-01 13:41 | Report Abuse

The government is more concerned of their own survivor....so...sorry investors.....got punished

Posted by JEUJEUJUE > 2021-03-01 13:42 | Report Abuse

Lai open back and drop . No dividend 3 yrs better .. kasi drop till limit every day saja

Posted by Ky Siow > 2021-03-01 13:51 | Report Abuse

i just dont understand y ambank dont fight in court? jz so easy surrender? what the hell the CEO thinking?

Posted by yingzhe17 > 2021-03-01 13:57 | Report Abuse

Aiyah no dead chicken to pick up.
Stock suspended and announce 200 mil profits before penalty. So giving the executives all esos and hefty bonus.

Posted by Ahmadahmad88 > 2021-03-01 13:58 | Report Abuse

Fight in court , lingkup. This is the best option.

Posted by Martin87 > 2021-03-01 14:06 | Report Abuse

https://www.theedgemarkets.com/article/analysts-slash-target-prices-ambank-negative-surprise-rm283b-1mdb-settlement

Posted by BabyAce > 2021-03-01 14:07 | Report Abuse

This type of money laundering should revoked the bank's license. Not fighting in court at least prove they have brain to think.

Posted by Jeffreyteck > 2021-03-01 14:11 | Report Abuse

All relevant authorities, management and bod, auditors owe an explanation to investors.

Posted by BabyAce > 2021-03-01 14:14 | Report Abuse

Zetti also not a good thing. Najib also said Zetti also involved in this.

Posted by ykloh > 2021-03-01 14:17 | Report Abuse

Aha. So Najib knew what was going on.

Posted by Moustache > 2021-03-01 14:23 | Report Abuse

The culprits was not punish but punish the investors.

Posted by paulthesotong > 2021-03-01 14:26 | Report Abuse

This was happened on the Year of living dangerous 2009.