Andy Tan's comment on AMBANK. All Comments

Andy Tan
18 Like · Reply
On 3 March, NTA for AMBANK will reduce from RM6.5 to RM5.57 due to penalty of 1MDB. Let's review the AMBANK NTA history versus the stock price as below
Year_______ NTA______Stock Price
2016 1Q___RM5.0___RM4.3
2017 1Q___RM5.3___RM4.9
2018 1Q___RM5.5___RM3.9
2019 1Q___RM5.9___RM4.2
2020 1Q___RM6.2___RM3.1
2021 1Q___RM5.6___RM???
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Andy Tan
Is good for me to top up if the stock price start to plunge below RM2.80. But I believe AMBANK long term investor will never let go during panic selling as AMBANK is still considers undervalue banking stock compare to same industry peers as of today. Moreover, if the banking sector stock price drastic drop , definitely will damage Malaysia reputation as financial hub in South East Asia and make foreign investor loss confidence. Might support by EPF for example.Let's see tomorrow.
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1 Like · 3 years · translate
HANDSOME CHAN
These two days are used to kaotim with those big investors to bail the plunge maybe
2 Like · 3 years · translate
Andy Tan
NTA for AMBANK will reduce from RM6.5 to RM5.57. Below show AMBANK NTA history versus the stock price
Year_______ NTA______Stock Price
2016 1Q___RM5.0___RM4.3
2017 1Q___RM5.3___RM4.9
2018 1Q___RM5.5___RM3.9
2019 1Q___RM5.9___RM4.2
2020 1Q___RM6.2___RM3.1
2021 1Q___RM5.6___RM2.8close
The consistency increase of NTA for banking sector tell us that AMBANK still expanding and profitable. No doubt AMBANK potential return to 2018 (NTA RM5.5). Stock price at RM2.8 is still undervalue. Happy investing.
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3 Like · 3 years · translate
Carmen Tan
Thanks for the sharing!Good Analysis with facts
2 Like · 3 years · translate
Kamarulzaman
yeahh well said Tan..dont worry, me just entered at 2.80...if drop further, I have no worry, I will top up more and more. I believed Ambank can absorb the fine well with a background history of good business performance previously..
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1 Like · 3 years · translate