AMMB HOLDINGS BHD

KLSE (MYR): AMBANK (1015)

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Last Price

4.24

Today's Change

+0.01 (0.24%)

Day's Change

4.21 - 4.24

Trading Volume

1,111,300

News and Blogs
Discussions
9 people like this. Showing 50 of 5,396 comments

smartly

like epf sell to the market mah....can sell higher price.

1 month ago

Goldgent

Best buy 3.85~3.90.
ANZ to sell 16.5% AmBank via a block trade at a price of RM3.85 per share.

1 month ago

pharker


Term sheet by CIMB..ANZ selling price at RM3.80..

1 month ago

pharker


Soon will get close to 3.85..wait first

1 month ago

speakup

Often what funds will do is sell their current holdings on open market and then buy the shares offered for sale

1 month ago

metaverse

Today's low 3.95 should be near basement level as 3.85 is considered as the wholesale price with wholesale discount of RM0.10. Just a wild guess the new buyer could be linked to Japanese Bank as their stock market is doing extremely well recently.

1 month ago

speakup

If ANZ willing to sell their Ambank stake at 3.85 means they see Malaysian banking sektor as fully valued already.

1 month ago

Lester Teow

Bulk sales must come with discount, not based on market price

1 month ago

metaverse

This is twin story of Affin Bank. When the identity of the buyer is announced the market mood will swing to positive territory and the headline news will read like some international institutional investors are bullish on Malaysia's banking sector which is similar to the story of Abang Jo's entry to Affin Bank. The reason ANZ is cashing out from Ambank may be related to equity accounting and forex translation loss and most of the liability related to 1MBD's already cleared so again just like Affin Bank, the new major shareholder will hit the RESET BUTTON and push the bank forwards. Ambank's NTA is around RM5.9 so the new buyers just like Abang Jo will be laughing to the bank.

1 month ago

metaverse

Beside Japan Inc, another possibility is Dubai Corp as the name of Ambank already hinted it is Arab Malaysian Bank. Highly unlikely Temasek as recently there were hit badly by the FTX crypto drama. Brunei King is another possibility but Your Highness is more interested in business ventures linked to Singapore so this possibility also ruled out.

1 month ago

t_nike2002

Share price likely going to tank to around 3.80 or below….
That’s the indicating price of the sale transaction

1 month ago

t_nike2002

They r using research report to prop up the price but I don’t think investors are so gullible.

1 month ago

smartly

epf smarter loh. epf will choose to sell in the open market to reap higher price, rather than selling cheap.

1 month ago

pang72

Let's wait for the new buyer entity be announced.
It shld be positive move after announcement for banking stocks...
Only big fund has the capacity to swallow the amount of stakes..
So, big fund means big name means new investor interested to invest in Malaysia banking. Good news

1 month ago

TheContrarian

Industry sources told StarBiz the demand for sale of AmBank’s shares have been overwhelming as the upsize portion of the shares (7.5%) have been fully sold in view of the quality of the bank and its good potential going forward.


“Around 80% to 85% of the buyers are Malaysian “long only funds” like institutions like pension funds, insurance companies etc. The remaining are primarily Asian funds, followed by funds from Europe and the United States,” the source added.

1 month ago

rohank71

the buyers of Ambank shares are institutional.. any who buy more than 5% will require BNM approval and this process can't be done via a book building exercise/placement. so don't expect any new substantial shareholder. as what Contarian said its all public institutions.

1 month ago

troy88

Still a good banking stock. After all the big dumping should rise again.

1 month ago

smartly

what a waste by selling cheap...LOL!

1 month ago

smartly

price will back to 4.20 at least

1 month ago

pang72

Now, panic buy?

1 month ago

smartngo

u should also ask who is selling at that high volume ?

1 month ago

Germaice

ANZ SELL

1 month ago

Germaice

Who buy ? SARAWAK STATE GOVT FUND

1 month ago

troy88

Good comeback

1 month ago

pang72

So, rumours is rumours that does not exist!!

1 month ago

pang72

The panic selling turns panic buying to recover the mistake...

1 month ago

metaverse

Not sure what's deal but if the block is placed to local fund managers it will create a lot of overhang shares as local fund managers normally quick to take profit and also unlikely this block of shares has lockup period. Hong Long IB said the share overhang will take at least six months for the market to digest with target price RM4.20

1 month ago

speakup

Just mention Sarawak enough to push Ambank up 4.56%. LOL!

1 month ago

troy88

Come drop below RM4 again for me to makan more..

1 month ago

Pinky

Siapa jual minggu lepas, memang bodo

1 month ago

t_nike2002

Time to collect!!
Fundamentally Solid bank!
9 BUY calls !
EPF collecting!
Good dividend yields!
Buy buy buy

1 month ago

t_nike2002

Upside of at least 10%…!

1 month ago

Ytl2023

Made a few k from ambank rm2.70 covid time. Wasn't it more like rm2.80. Sudah lupa

1 month ago

speakup

Balian u are right.
I will delete my post

1 month ago

zzzzz

stable at RM4.00... no show..lol

1 month ago

zzzzz

CTOS's show today..... LOL

1 month ago

zzzzz

CIMB runs faster

1 month ago

speakup

Already say many times before, Cimb & Tenaga are used by someone to manipulate the CI to look good when red counters > green counters

1 month ago

speakup

Epf, Khazanah, Pnb all under instructions from PMX to make our CI look good for foreigners

1 month ago

zzzzz

Red again,,Ambank,,,,follow her coporate color

1 month ago

zzzzz

below RM4.00 again..so difficult to stand firm above RM4,00

1 month ago

Pinky

Accumulate la

1 month ago

Keqing Tan

immediate share buys back who is the shareholders?

1 month ago

mryong

cheap buy more

1 month ago

zzzzz

GO GO Go break RM4.20 today... lowest PE among all banks...

1 month ago

troy88

Undervalued and oversold. EPF and Ambank buying back shares like crazy!

1 month ago

troy88

No more cheap sale below RM4 ? Haha

3 weeks ago

skybursa

I bought at 4 and 4.02 range

3 weeks ago

speakup

smart move!

3 weeks ago

curiousq

started 2 weeks ago lah .... go to check before simply burst out something nonsense

3 weeks ago

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