Posted by gemfinder > 2020-01-09 14:03 | Report Abuse

bnm wil cut rate again... beware

Posted by stocksyndicate > 2020-01-09 16:07 | Report Abuse

Rate may come down but also go back up. Just bought another 20,000 shares today. Will keep accumulating at low

Posted by Huathuatlai > 2020-01-09 17:06 | Report Abuse

Good good to go.. Let fly.. Huat arh

Posted by Tedinvestor > 2020-01-09 18:14 | Report Abuse

I'm increasing my holding when the price drop. Nice entry

Posted by alextan5680 > 2020-01-09 19:01 | Report Abuse

Add

Posted by mikeymouse > 2020-01-09 19:46 | Report Abuse

Looks like a good price and good time for entry.

Posted by gemfinder > 2020-01-09 20:14 | Report Abuse

No rm2 no buy

Posted by newbie911 > 2020-01-09 20:45 | Report Abuse

If so good...why so many seller and price still down despite market storng rebound?

Posted by Unkerpanjang > 2020-01-09 21:00 | Report Abuse

I think icon8888 look at Value, instead of Price. I also started nibble.

Posted by stock_investor > 2020-01-10 07:42 | Report Abuse

For 2HFY20, we are expecting it to be substantially better than 1HFY20. But, it will not be enough for us to have an improvement against last year. We would be significantly down because of the first quarter credit event with one large client,” said Kornreich

This anticipated credit costs for the entire 2HFY20 is between 13 basis points (bps) and 18bps, said Kornreich, explaining that the bank is expecting “a lot of writebacks and recoveries from business accounts happening in the next two quarters”.

Posted by Icon8888 > 2020-01-10 07:58 | Report Abuse

Pray price stay low for one more year

I want to buy more after selling off my other stocks with profit

Posted by siiyang96 > 2020-01-10 08:08 | Report Abuse

icon.. May I know at which level you feel is acceptable for you to go in?

Posted by Jonathan Keung > 2020-01-10 08:17 | Report Abuse

This counter needs to hold for at least 1st Qtr before it can moves. Don't expect any big price movements. Analyst waiting for clearer signals and result

Posted by PaulNewman > 2020-01-10 10:03 | Report Abuse

I recommend interested investors reading their analyst presentation slides.

Management guided impaired loans will come down in the next two quarters with the substantial improvement in Q4.

Next quarter results will be similar to the latest at sub RM 100m. We have six months to accumulate before the crowd discover about this fundamental change.

Posted by skybursa > 2020-01-10 10:52 | Report Abuse

In for long term. Result could be low for next 2 quarter

Posted by gemfinder > 2020-01-10 13:22 | Report Abuse

Digital bank coming.. intense competition

Posted by Jaya > 2020-01-10 16:32 | Report Abuse

Why worry good dividend yield
Few years make back money

Posted by yfchong > 2020-01-11 10:36 | Report Abuse

Wish & Hope to sail with ABMB... He he

Posted by richie5402 > 2020-01-11 10:50 | Report Abuse

Cannot compare petronm and abmb directly bcoz their biz model is different..

Abmb at attractive level not seen before at 0.7x..if having big capital, can slowly buy more batch by batch at lower entry price. If u studied abmb thoroughly, you will find high chances of earning big return in medium to long term..but if we have little capital , it is common to be hesitate to buy now ..

Banking sector is highly regulated and no such RPT or hanky panky corporate exercise...can safely park night money here..

Posted by richie5402 > 2020-01-11 10:51 | Report Abuse

Big money here

Posted by Tedinvestor > 2020-01-11 10:59 | Report Abuse

Buy buy buy .......

Posted by MrPotato88 > 2020-01-12 12:29 | Report Abuse

From what I read, ABMB has large exposure to floating rate loan, so means it will be directly impacted by OPR cut by BN?? if BN cut OPR again means more room to drop?

Posted by newbie911 > 2020-01-12 12:57 | Report Abuse

Yes...will drop 2...opr will cut.

Posted by gemfinder > 2020-01-12 13:26 | Report Abuse

Not the right time to buy banking

Posted by MrPotato88 > 2020-01-12 14:37 | Report Abuse

Icon8888, why u think ABMB is a good buy? is it because of the high DY plus its share price is in 10 yr low? waiting to recover?

Posted by skybursa > 2020-01-12 14:39 | Report Abuse

Rate cut will boast lending activities. Especially house buyers. Means greater revenue.

Posted by gemfinder > 2020-01-12 16:03 | Report Abuse

U ingat beli rumah mcm beli sayur ke

Posted by Icon8888 > 2020-01-12 16:13 | Report Abuse

Mrpotato

Follow KYY golden rule : buy stocks that next year earning is likely to be higher than this year earning

Posted by Icon8888 > 2020-01-12 16:13 | Report Abuse

Don’t get distracted by other nonsenses

Posted by stncws > 2020-01-12 16:25 | Report Abuse

i feel around 2.5 cqn buy

Posted by richie5402 > 2020-01-12 16:31 | Report Abuse

Opr cut by 25 basis point will generally have margin compression in that particular quarter but NIM will back to normalised level after repricing of deposit im next quarters.

If lower interest but slower loan growth amid challenging biz environment, it will not be good to the banking counters incl. Abmb..

If people have not much capital, they will think for short term only, worrying the price will drop further..but if people have much capital, with the right size of position and the holding power, abmb is definitely a value buy at this level..and eager to buy more at power price..

Posted by richie5402 > 2020-01-12 16:33 | Report Abuse

* at lower price

Posted by skybursa > 2020-01-12 16:51 | Report Abuse

Don't buy if you think banking stocks are going suffer. Thanks for the negative advice and I'm not shaken at all. My portfolio already hit 87,000 shares. Any low bargains will be welcome. Long term investor here

Posted by newbie911 > 2020-01-12 16:54 | Report Abuse

Drop below 2....see u shaken or not.

Posted by Icon8888 > 2020-01-12 17:00 | Report Abuse

Please drop below 2

Please

Posted by abang_misai > 2020-01-12 17:04 | Report Abuse

Ramai will kecut if it drops below Rm2.00.

Posted by richie5402 > 2020-01-12 17:06 | Report Abuse

Any further big drop is welcome..

Posted by abang_misai > 2020-01-12 17:06 | Report Abuse

Dow Jones now at all time high. Once it drops, it will drop by leaps and bounds. Will see if the “tahan kecut” will be resilient during stocks-plummeting time.

Posted by richie5402 > 2020-01-12 17:12 | Report Abuse

Do the back testing on it, you will know abmb is not trading for profit..is for wealth accumulation indeed.

Posted by PaulNewman > 2020-01-12 17:28 | Report Abuse

How to drop below 2 ? ABMB loan loss coverage is one of the highest in the industry. Unless you are talking about ABMB carrying junks in its balance sheet

Posted by MrPotato88 > 2020-01-12 17:59 | Report Abuse

Icon8888, understood, but what makes u think their coming earning will be better than last years?

Posted by Tedinvestor > 2020-01-12 18:37 | Report Abuse

Below 2?hahahaha........hahahaha! Its dream come true & more cheap bargains.

Posted by Tedinvestor > 2020-01-12 18:40 | Report Abuse

Only fools will believe hit lower than 2. But its really good chance to buy more. Cheap sales hahahaha. Why not? Good for me as well. Hahaha hopes you foolish predictions comes true.. I'm waiting

Posted by gemfinder > 2020-01-12 18:52 | Report Abuse

I never say below rm2, I just say no hury to buy banking stocks

Posted by Icon8888 > 2020-01-12 19:18 | Report Abuse

Mr potato , management are expecting earning to recover by next two quarters

“For 2HFY20, we are expecting it to be substantially better than 1HFY20. But, it will not be enough for us to have an improvement against last year. We would be significantly down because of the first quarter credit event with one large client,” said Kornreich.

https://www.theedgemarkets.com/article/alliance-bank-revises-down-two-kpis-fy20-credit-losses

Posted by Icon8888 > 2020-01-12 19:19 | Report Abuse

Mr potato , management are expecting earning to recover by next two quarters

“For 2HFY20, we are expecting it to be substantially better than 1HFY20. But, it will not be enough for us to have an improvement against last year. We would be significantly down because of the first quarter credit event with one large client,” said Kornreich.

https://www.theedgemarkets.com/article/alliance-bank-revises-down-two-kpis-fy20-credit-losses

Posted by gemfinder > 2020-01-12 19:19 | Report Abuse

More selling after feb result

Posted by Icon8888 > 2020-01-12 19:20 | Report Abuse

FY2021 earning should be higher than FY2020 since turnaround is expected by coming second half

Posted by Icon8888 > 2020-01-12 19:21 | Report Abuse

Looking forward to more selling

Time to buy more

Posted by MrPotato88 > 2020-01-12 19:44 | Report Abuse

TQ sifu Icon