AMMB HOLDINGS BHD

KLSE (MYR): AMBANK (1015)

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Last Price

4.26

Today's Change

-0.03 (0.70%)

Day's Change

4.24 - 4.30

Trading Volume

2,591,500

Details of Changes
Securities After Change
Transactions
Ann. Date Name Details of Changes Securities After Changes
Date Type No. of Shares Price Direct (%) Indirect (%) Total (%)
Discussions
9 people like this. Showing 50 of 5,398 comments

pharker


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

2 months ago

pharker


Soon will get close to 3.85..wait first

2 months ago

speakup

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

2 months 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.

2 months ago

speakup

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

2 months ago

Lester Teow

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

2 months 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.

2 months 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.

2 months ago

t_nike2002

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

2 months ago

t_nike2002

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

2 months ago

smartly

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

2 months 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

2 months 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.

2 months 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.

2 months ago

troy88

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

2 months ago

smartly

what a waste by selling cheap...LOL!

2 months ago

smartly

price will back to 4.20 at least

2 months ago

pang72

Now, panic buy?

2 months ago

smartngo

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

2 months ago

Germaice

ANZ SELL

2 months ago

Germaice

Who buy ? SARAWAK STATE GOVT FUND

2 months ago

troy88

Good comeback

2 months ago

pang72

So, rumours is rumours that does not exist!!

2 months ago

pang72

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

2 months 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

2 months ago

speakup

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

2 months ago

troy88

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

2 months ago

Pinky

Siapa jual minggu lepas, memang bodo

2 months ago

t_nike2002

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

2 months ago

t_nike2002

Upside of at least 10%…!

2 months ago

Ytl2023

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

2 months ago

speakup

Balian u are right.
I will delete my post

2 months ago

zzzzz

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

2 months ago

zzzzz

CTOS's show today..... LOL

2 months ago

zzzzz

CIMB runs faster

2 months 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

2 months ago

speakup

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

2 months ago

zzzzz

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

2 months ago

zzzzz

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

2 months ago

Pinky

Accumulate la

2 months ago

Keqing Tan

immediate share buys back who is the shareholders?

2 months ago

mryong

cheap buy more

2 months ago

zzzzz

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

2 months ago

troy88

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

2 months ago

troy88

No more cheap sale below RM4 ? Haha

1 month ago

skybursa

I bought at 4 and 4.02 range

1 month ago

speakup

smart move!

1 month ago

curiousq

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

1 month ago

eklim65

Kena block... Only can fly after 4.60...

1 week ago

fusing79

why EPF keep selling Ambank ?

5 days ago

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