Posted by Lau Choong Ling > 2017-08-21 22:22 | Report Abuse

Suspended

Posted by gcke > 2017-08-21 22:31 | Report Abuse

Read - http://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=10788

Posted by Lau Choong Ling > 2017-08-21 22:42 | Report Abuse

QR. Iguess

Posted by Lau Choong Ling > 2017-08-21 22:42 | Report Abuse

Diviiident I guess

Posted by TheContrarian > 2017-08-21 23:38 | Report Abuse

Merger-lah.

Posted by masterus > 2017-08-22 10:22 | Report Abuse

London biscuit will rise soon because of right issue. Today is only cost 0.795. Yesterday 0.815.

Posted by sctan > 2017-08-22 10:42 | Report Abuse

pls go to London biscuit forum to promote yr stock.

Posted by boon1515 > 2017-08-22 18:41 | Report Abuse

http://www.freemalaysiatoday.com/category/business/2017/08/22/ammb-rhb-plan-to-scrap-proposed-merger/

Posted by Ibi_chan > 2017-08-22 18:56 | Report Abuse

Zzzzz

Posted by prudentinvestor > 2017-08-22 20:10 | Report Abuse

Should be up tomorrow. When they started the merger talks, RHB was above RM 5.50.

Posted by 稻田·* 片片绿青~粒粒芳香 > 2017-08-22 20:16 | Report Abuse

MBSB beneficial

Posted by HEIM2016 > 2017-08-22 21:18 | Report Abuse

merger failing alrealy

Posted by shortinvestor77 > 2017-08-22 21:22 | Report Abuse

On way back to RM5.50. If QR s good, then rise beyond this.

Posted by shortinvestor77 > 2017-08-22 21:23 | Report Abuse

i bought AMMB and RHB was due to forseeing they will fail in merging. Then prices go up back to original.

Posted by joetay > 2017-08-22 22:19 | Report Abuse

@shortinvestor77,

u also betting that the merger will failed????lol....

the minute i saw ambank falling past 5, i knew the merger has 80% chance to fail.

if banker managed to goreng it to 6, maybe can pass but when the price went lower to below 5, confirm share swap is failed.

so now, just need to sit back, watch am rise back and collect my dues.

the aussies r not that dumb to sell back cheap.

Posted by shortinvestor77 > 2017-08-22 23:02 | Report Abuse

Yes, joetay.

Posted by Seng Thye Ng > 2017-08-23 09:01 | Report Abuse

my patient is corecttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttt.......lia looooooooooooooooooooooooo

Posted by prudentinvestor > 2017-08-23 09:18 | Report Abuse

Those who were brave enough and bought at below RM4.80 recently have made some money.

Posted by 888newbie > 2017-08-23 09:26 | Report Abuse

cannot agree on who will be top dog.

Posted by insulter > 2017-08-23 09:52 | Report Abuse

the deal close already?

Posted by Seng Thye Ng > 2017-08-23 09:54 | Report Abuse

TP 5.50 - 6.00
not too late to enter again ???????????????????????

Posted by prudentinvestor > 2017-08-23 10:06 | Report Abuse

It is clear that investors didn't like the proposed merger between RHB Bank and AmBank. Six months ago, RHB and CIMB were at about the same price level. Today CIMB is more than 30% higher.

Posted by prudentinvestor > 2017-08-23 15:16 | Report Abuse

If total volume today exceeds 2.75 million shares, which looks very likely, it would be the largest volume in over 2 months. Good chance for RHB to go up further.

Posted by MyInvest > 2017-08-23 16:18 | Report Abuse

Better wait for 1 week... :)

Posted by Seng Thye Ng > 2017-08-23 17:04 | Report Abuse

important is healhty up....................................no regret to invest this counter .......
wish earn more..............................................

Posted by masterus > 2017-08-28 10:41 | Report Abuse

A dealer said US Federal Reserve Chair Janet Yellen’s speech at the Jackson Hole Economic Policy Symposium last week did not provide any clue on the US’s monetary policy outlook.

Meanwhile, it was reported that Hurricane Harvey, which hit southeast Texas, would likely pressure the US dollar further, as damage from the storm may threaten the US economy. Texas's Gulf Coast is home to key oil and gas facilities that make up nearly a third of the US's refinery capability.

Posted by loyalok > 2017-08-29 14:18 | Report Abuse

EPS for 1H =25 ,dividend =5

Posted by Seng Thye Ng > 2017-08-29 14:35 | Report Abuse

waaaaa......good Q result.........sad becuase of North Korea

Posted by Beza > 2017-08-29 14:43 | Report Abuse

Good!

Posted by prudentinvestor > 2017-08-29 14:54 | Report Abuse

No bank should be trading at a PE of 10. If investors re-rate RHB and decide one day that it should have a PE of say 13, then it will trade at RM6.50.

Posted by apanama > 2017-08-29 17:15 | Report Abuse

The correction is over and over done...normally last day August trading gap from low to high will be about 10++ ..i am not surprise..tomorrow RHB will GREEN..and also other banks as well..:)..tomorrow Market FBMKLCI will settle about 1768-1773

Posted by meistsk3134 > 2017-08-29 23:22 | Report Abuse

lel. wait this midnight trump news

Posted by Lau Choong Ling > 2017-09-05 09:20 | Report Abuse

Dividend 7 sen , how to calculate amount in RM??

Posted by shortinvestor77 > 2017-09-05 10:46 | Report Abuse

RM 0.07.

Posted by Lau Choong Ling > 2017-09-05 13:17 | Report Abuse

0.07 is 70 RM per share??

Posted by gcke > 2017-09-05 13:24 | Report Abuse

@Lau Chong Ling the following information can help:

1. 7 cents per 1share unit is equivalent to 700 cents or RM7 per 100 units of share.
2.But if you owned 1000 share units then only the dividend received will be RM 70.00.
3. Likewise if you owned 10K units then your dividend will be RM 700.00 :-)))

Cheers,and quite a decent dividend payout on top of the appreciation in share price return.Regards.

Posted by prudentinvestor > 2017-09-05 14:53 | Report Abuse

Invest in RHB Bank now, you won't go very wrong.

Posted by meistsk3134 > 2017-09-05 15:10 | Report Abuse

buy ambank better.. too low price

Posted by shortinvestor77 > 2017-09-05 20:47 | Report Abuse

KUALA LUMPUR: The local banking sector is expected to see its earnings grow 10.6 per cent this year, according to Affin Hwang Capital.

This will ease to a more modest 38 per cent next year before slightly rising 4.1 per cent in 2019, the firm said in a report today.

Affin Hwang Capital said favourable domestic demographic trends (driving consumption and housing needs), ample infrastructure projects in the pipeline and accommodative monetary policy are supportive reasons for the growth in earnings.

“The sector’s overall valuation in 2017 still appears attractive at a 1.35 times price to book value multiple (on a forward basis) against the past 10-year average of 1.6x and the past five-year average of 1.5x,” it added.

Key risks for the sector include new bad loan formation, net interest margin compression, higher funding costs, weaker loan growth and much higher provisions on FRS 9 (financial reporting standards) adoption.

Affin Hwang Capital’s top picks are AMMB Holdings Bhd, Public bank Bhd and Malayan Banking Bhd.

The firm upgraded its rating on AMMB from “hold” to “buy” with a price target of RM5.20 (based on 0.9x P/BV on calendar year 2018). “We believe the recent selling of the stock is unjustified (currently trading at 0.77x P/BV versus the sector at 1.35x), subsequent to the aborted merger plan with RHB Bank Bhd,” it added.

Posted by shortinvestor77 > 2017-09-05 20:55 | Report Abuse

http://www.klsescreener.com/v2/news/view/276895

Posted by meistsk3134 > 2017-09-05 21:13 | Report Abuse

it a fake news. election coming. all boosting good news

Posted by shortinvestor77 > 2017-09-06 13:54 | Report Abuse

Not really. Q3 and other Q results of banks will tell. just like Q2 result.

Posted by diehardunited > 2017-09-10 18:43 | Report Abuse

I'd rather bet into this stock. Giant in the making! Get ready for the LIMIT UP SOON!
http://klse.i3investor.com/m/blog/warrenbuffet/131824.jsp

Posted by masterus > 2017-09-13 23:43 | Report Abuse

KUALA LUMPUR: The ringgit is expected to continue to strengthen against the US dollar, with an economist predicting it may even hit RM4 to a US dollar at the end of the year.
The optimism is based on the good growth in trade and the gross domestic product (GDP). The economy achieved a 5.8% growth in April-June.
The Malaysian Reserve quoted Sunway University Business School economics Professor Dr Yeah Kim Leng as saying: “The ringgit has been trading higher these days due to the above-expectations performance of Malaysia’s economy, including the growth in trade and GDP.
“Since we have already reached RM4.19 in early September, I would say that it is possible for the ringgit to reach around RM4.10 to RM4 in December.”

Posted by shortinvestor77 > 2017-09-14 09:27 | Report Abuse

No favourable catalyst in the short-term ahead, current conditions prevailing…maintain NEUTRAL. We reiterate our NEUTRAL call as we see no change in the prevailing conditions ahead. There is no concrete catalyst and game changer on the horizon and structural and cyclical headwinds are still prevailing such as; (i) moderating economy, (ii) subdued loans growth, and (iii) downward pressure on NIM. We maintain our MARKET PERFORM call for most of the banking stocks in our coverage with the exception of AFFIN, AFG, AMBANK and RHBBANK, which are at OUTPERFORM as at current share prices, we see attractive proposition with a potential total return of more than 10% each.

Source: Kenanga Research - 14 Sept 2017

Posted by shortinvestor77 > 2017-09-14 09:28 | Report Abuse

For 2QCY17, all the nine (9) banking stocks under our coverage met our expectations. YoY, earnings improved as impairment allowances fell as expected with improvement in asset quality. We also see widening NIMs due to better management in funding costs and better repricing of assets. However, loans growth seemed to be easing. All in, we maintain our NEUTRAL stance on the sector as the prevailing challenges in the economy still remain. As results were mostly in line, we maintain our MARKET PERFORM call for most of the banking stocks in our coverage with the exception of AFFIN (TP: RM3.00), AMBANK (TP: RM5.00), AFG (TP: RM4.15) and RHBBANK (TP: RM5.60) due to their undemanding valuations.

Posted by shortinvestor77 > 2017-09-14 22:23 | Report Abuse

Resistance from NUBE a key reason for AMMB-RHB merger failure, says Deutsche Bank

Author: moneyKing | Publish Date: 14 Sep 2017, 7:27 PM

Sulhi Azman/theedgemarkets.com

September 14, 2017 17:57 pm MYT



KUALA LUMPUR (Sept 14): Resistance from a trade union was a key reason for the failure of the proposed merger between AMMB Holdings Bhd and RHB Bank Bhd, according to an analyst with Deutsche Bank AG.

“Our visit to the National Union of Bank Employees (NUBE) reinforced our suspicion that staff issues might be a key reason for the merger to be called off,” research analyst Joshua Lee wrote in a report to clients today.

“NUBE was not consulted before the merger discussion announcement and they subsequently sent letters to the central bank, banks involved and the government. The union had two meetings with the banks before the merger was called off,” Lee added, noting that staff cost made up 53.5% and 57% of the total expenses at AMMB and RHB respectively.

Lee said his conversation with three banks — AMMB, Public Bank Bhd and Hong Leong Bank Bhd — and related parties, indicated NUBE has a “material presence” on the country’s banking operations.

He also observed that NUBE has been encouraging its members to upskill in order to stay relevant, and are attempting to unionise outsourced workers.

“That might slow down banks’ digitisation and cost reduction strategies,” Lee said.

Established under the Trade Unions Act 1959, NUBE represents around 20,000 bank employees in Malaysia.

Meanwhile, Lee also commented on Malaysia’s loans growth of 1.8% in the first half of 2017 (1H17), saying it was outpaced by the country’s economic growth of 5.7% in the same period.

“Historically, loan growth trends higher than the gross domestic product,” he said. “Our conversations with corporates indicate that many are using their internal funds for capex purposes, and are not planning major expansion that requires gearing up.”

Going forward, Lee said, “We note that banks are guiding for lumpy corporate loan pick-up in 2H17, especially from large infrastructure projects.”

“However, some corporates that we met are wary of being entangled in the ‘winner's curse’, and are happy to wait by the sidelines, until bidding rationalises,” he said, adding: “Nevertheless, they believe that supply will likely fall behind the demand generated by these infrastructure projects in the years ahead.”

As for the implementation of the new accounting standard, Lee said: “Surprisingly, banks are guiding that the impact of IFRS9 could be muted, with several guiding that there would be no impact to capital, with the likely usage of regulatory reserves.”

“Banks that have not disclosed any IFRS9 guidance have their systems in place and are currently doing back testing,” Lee added.

http://www.theedgemarkets.com/article/resistance-nube-key-reason-ammbrhb-merger-failure-says-deutsche-bank

Posted by Seng Thye Ng > 2017-09-15 11:27 | Report Abuse

when can pecah 5.10 ????????????????????????????????????

Posted by masterus > 2017-09-15 11:55 | Report Abuse

North Korea fires second ballistic missile over Japan
55 minutes ago

People in Seoul watch a news report about the missile launch (15 Sept 2017)Image copyrightAFP
North Korea has fired a ballistic missile across Japan, its second such provocative move in weeks.
South Korea's military said the missile reached an estimated altitude of about 770km (478 miles) and travelled 3,700km before landing in the sea off Hokkaido.
Japan's PM Shinzo Abe said his country would "never tolerate" North Korea's dangerous actions.
"If North Korea continues to walk down this path, it has no bright future," he said in a statement.

Posted by meistsk3134 > 2017-09-16 18:56 | Report Abuse

Nobody dare touch NK. Tat why kim feel arrogant. Trump need all whole world support to nuked NK. Waiting 2 clown china and russia now