KLSE (MYR): AMBANK (1015)
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Last Price
4.45
Today's Change
-0.01 (0.22%)
Day's Change
4.45 - 4.46
Trading Volume
572,800
2024-07-26
2024-07-23
2024-07-23
2024-07-19
2024-07-18
stocksyndicate
1,164 posts
Posted by stocksyndicate > 2016-04-08 18:31 | Report Abuse
Not short of cash. Just large amount already lend out for business. Usually bank will make cash call by rights issue to build up reserve . Strong reserves means more business ahead. Don't worry about the cash call as it a good move & well supported . The PE meams the stock is very much undervalued in the terms of earning per share .