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Based on latest financial statements of AMMB Group as at 31 March 2020, the proforma effects of the Global Settlement will reduce the NA per share from RM6.18 to RM5.22
Earnings per share (“EPS”) and Dividends expected to have a material impact on the earnings of the Group for the financial year ending 31 March 2021.
their market cap is only 9.5Billion.... settlement need to pay 2.8 billion... price now is RM3.16 per share, the settlement cost -RM0.94 per share... so fair price which can consider to enter now should be RM2.22 .. excluding the high possibility that next 2 years there will be no dividend (-RM0.94 = profits for the next two years is burnt)... may be around RM1.8-2.0 is a good support price.
