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KLSE Market Watch
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Market Date: 06 Dec 2019

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Trade Value (RM)
4 Weeks Range
4 Weeks Change (%)
Avg Volume (4 Weeks)
1 Year Range
1 Year Change (%)
Avg Volume (1 Year)

Market Capital (RM)
Number of Share
EPS (cent)
P/E Ratio
ROE (%)
Dividend (cent)
Dividend Yield (%)
Dividend Policy (%)
Par Value (RM)

* Calculated based on the net profit of the trailing twelve months and latest number of shares issued.

No. Financial
PBT (RM,000)Net Profit
EPS (Cent)Dividend
29 Nov 201931 Mar 2020230 Sep 20192,349,315433,588319,56810.626.006.020 Malaysia Stock - KLSE Quarter Report History
22 Aug 201931 Mar 2020130 Jun 20192,390,402568,462391,45913.010.006.030 Malaysia Stock - KLSE Quarter Report History
28 May 201931 Mar 2019431 Mar 20192,333,984625,098459,66715.2815.005.870 Malaysia Stock - KLSE Quarter Report History
21 Feb 201931 Mar 2019331 Dec 20182,300,616485,778349,87511.630.005.710 Malaysia Stock - KLSE Quarter Report History
22 Nov 201831 Mar 2019230 Sep 20182,313,966490,657348,15311.575.005.630 Malaysia Stock - KLSE Quarter Report History
21 Aug 201831 Mar 2019130 Jun 20182,171,291493,841347,59411.560.005.600 Malaysia Stock - KLSE Quarter Report History
31 May 201831 Mar 2018431 Mar 20182,211,339359,688253,4148.4310.005.480 Malaysia Stock - KLSE Quarter Report History
28 Feb 201831 Mar 2018331 Dec 20172,159,629301,740218,9787.280.005.410 Malaysia Stock - KLSE Quarter Report History
28 Nov 201731 Mar 2018230 Sep 20172,125,024432,180331,46611.025.005.400 Malaysia Stock - KLSE Quarter Report History
24 Aug 201731 Mar 2018130 Jun 20172,080,747449,105328,27310.920.005.420 Malaysia Stock - KLSE Quarter Report History
31 May 201731 Mar 2017431 Mar 20172,145,147440,744335,81411.1712.605.320 Malaysia Stock - KLSE Quarter Report History
24 Feb 201731 Mar 2017331 Dec 20161,977,925408,910313,16710.420.005.200 Malaysia Stock - KLSE Quarter Report History

Entitlement TypeDividend
29 Nov 201931 Mar 202013 Dec 201916 Dec 201927 Dec 2019Interim Dividend6.00000.00 Malaysia Stock -  Dividend
12 Jun 201931 Mar 201925 Jun 201926 Jun 201905 Jul 2019Final Dividend15.00000.00 Malaysia Stock -  Dividend
22 Nov 201831 Mar 201913 Dec 201817 Dec 201828 Dec 2018Interim Dividend5.00000.00 Malaysia Stock -  Dividend
28 Jun 201831 Mar 201809 Aug 201813 Aug 201828 Aug 2018Final Dividend10.00000.00 Malaysia Stock -  Dividend
28 Nov 201731 Mar 201813 Dec 201715 Dec 201728 Dec 2017Interim Dividend5.00000.00 Malaysia Stock -  Dividend
29 Jun 201731 Mar 201704 Aug 201708 Aug 201722 Aug 2017Final Dividend12.60000.00 Malaysia Stock -  Dividend
23 Nov 201631 Mar 201706 Dec 201608 Dec 201622 Dec 2016Interim Dividend0.00005.00 Malaysia Stock -  Dividend
26 Jul 201631 Mar 201624 Aug 201626 Aug 201609 Sep 2016Final Dividend0.000010.50 Malaysia Stock -  Dividend
19 Nov 201531 Mar 201602 Dec 201504 Dec 201518 Dec 2015Interim Dividend0.00005.00 Malaysia Stock -  Dividend
29 Jul 201531 Mar 201526 Aug 201528 Aug 201511 Sep 2015Final Dividend0.000015.30 Malaysia Stock -  Dividend
19 Nov 201431 Mar 201502 Dec 201404 Dec 201416 Dec 2014Interim Dividend0.000012.00 Malaysia Stock -  Dividend
25 Jul 201431 Mar 201427 Aug 201429 Aug 201412 Sep 2014Final Dividend0.000016.90 Malaysia Stock -  Dividend

TypeRatioRight Issue
21 Nov 200705 Dec 200707 Dec 200707 Dec 2007Rights Issue1 : 83.400 Malaysia Stock -  Bonus/Rights Issue

Member Star
Posts: 107
Joined: Dec 2011
Female, MYS
12 Nov 2013, 09:19 AMPost #1
Alliance Research maintains Neutral on AMMB, unchanged target price of RM7.89

KUALA LUMPUR: Alliance Research is maintaining its earnings estimates for the AMMB group, pending review post announcement of its Q2, FY14 results.

It said on Tuesday it maintained a Neutral recommendation with an unchanged target price of RM7.89.

The research house said it was reported AMMB is believed to have financial exposure close to S$150mil (RM384.6mil) relating to the recent share price fallouts of three counters listed in Singapore Exchange Ltd (SGX).

“Although the substantial financial exposure speculated to be RM384.6mil is a negative surprise to us, we have not adjusted our earnings estimates in view of the uncertainties and complexity of the issues,” it said.

Alliance Research said this was because the RM384.6mil financial exposure quoted by the newsdaily may include (1) the group’s trading exposure to the three counters, (2) margin financing exposure provided directly by AmFraser Securities Pte, and, (3) exposure of remisiers who are working in AmFraser Securities. Besides that, it remains to be seen on how much of such financial exposure is being collateralised.

“On a positive note, our recent correspondence with management of AMMB indicated that the incident does not have a significant impact to the group’s FY14 earnings.

“Besides that, potential disposal gains from selling of significant stakes in its insurance units could offset the provisions arising from such exposure.

“AMMB is expected to release its 2QFY14 results on Nov 15. We understand that management will provide more clarity on issues mentioned above during the results briefing.

“We are maintaining our earnings estimates for the group, pending review post announcement of its 2QFY14 results. Maintain Neutral with an unchanged TP of RM7.89.

“Nonetheless, we believe that such sizeable exposure highlighted by the media could cause market jittery and trigger near term selling pressure on the stock,” it said.
Member Star
Posts: 1
Joined: Dec 2012
Male, MYS
02 Sep 2014, 09:26 AMPost #2
why is the price dropping last few days?
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Posts: 11
Joined: Jan 2014
Male, MYS
28 Aug 2015, 07:33 AMPost #3
Time to bargain hunt? PE 7.99 and DY 5.99% look very attractive for a index-linked counter.
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Posts: 4
Joined: Sep 2018
Male, MYS
14 Sep 2018, 12:31 AMPost #4

KLSE market: movement is slow

Casper Koo
Member Star
Posts: 13
Joined: Dec 2018
Male, MYS
22 Feb 2019, 10:25 AMPost #5

In line with expectations. The Group posted 9MFY19 earnings which was in line with our and consensus’ expectations. It came in at 76.6% and 74.9% of respective full year estimates.

Earnings growth contributed by lower OPEX. The 3QFY19 and 9MFY19 OPEX fell -11.1%yoy and -9.5%yoy respectively as the benefit from the Group cost rationalisation initiatives continue to bear fruit. Personnel cost for 9MFY19 contracted -4.3%yoy to RM895.4m. The management expects that CI will be kept at below 55% level for FY19.

Weak NOII moderated by NII growth. NOII continue to be affected by the volatile market conditions, falling -2.7%yoy in 9MFY19. Main contributors for the drop were lower fee income and trading income. These contracted -5.1%yoy to RM390.9m and -35.4%yoy to RM111.6m respectively. However, the NOII weakness was moderated by NII increase of +5.0%yoy. This was despite NIM compression.

Recoveries also boosted earnings. The Group registered a lumpy recovery from several of its large corporate accounts in 3QFY19 which resulted in write backs. There were recoveries amounting to RM215.4m vs. RM97.4m in 3QFY18. We understand these were from legacy accounts.

Robust loans growth driven by targeted segments. Gross loans as at 3QFY19 grew +6.0%yoy to RM100.4b. The gross loans growth were led by mortgage which expanded +17.0%yoy to RM29.8b and SMEs

which grew +20.1%yoy to RM18.8b.

Building up buffer. Meanwhile, deposits grew at faster pace at +6.9%yoy to RM106.8b. We understand that this is to build up a liquidity buffer. CASA rose +10.5%yoy to RM22.1b coming from nonretail segment which grew +17.0%yoy to RM10.3%. Fixed deposits (FD) grew +6.0%yoy supported by the +14.8%yoy rise to RM41.0b in retail FD.

Member Star
Posts: 21
Joined: Dec 2018
Male, MYS
22 Feb 2019, 10:40 AMPost #6

AMMB Holdings (AMMB) reported a stable net profit of RM350mil (+0.5%QoQ) in 3QFY19. Total income was lower by 6.0%QoQ in 3QFY19 despite recording an increase in net interest income (NII) by 2.0%QoQ. This was due to lower noninterest income (NOII) as a result of a volatile market and weaker market sentiment. Nevertheless, this was offset by a net write-back in impairments of RM51mil driven by large corporate recoveries. In 3QFY19, there were recoveries for 3 large corporate accounts amounting to RM150mil. These included RM100mil realised against the borrowers’ collaterals.

Member Star
Posts: 21
Joined: Dec 2018
Male, MYS
22 Feb 2019, 10:42 AMPost #7

9MFY19 net profit of RM1.05bil (+19.0%YoY) was within expectations, making up 73.8% of consensus estimates. Preprovisioning operating profit rose by 18.2%YoY, supported by rise in NII, lower opex and net write-back in impairments of RM33.4mil. NOII for 9MFY19 declined due to weaker contributions from funds management, IB and markets businesses. With initiatives to manage cost under the BET300 programme, opex fell by 9.5%YoY in 9MFY19. This led to a positive JAW of 12.0%. 9MFY19 CI ratio improved to 51.6%. Meanwhile, credit cost continued to be benign at -0.04% for 9MFY19. ROE for 9MFY19 rose to 8.2% vs. 7.2% in 9MFY18.

Member Star
Posts: 21
Joined: Dec 2018
Male, MYS
22 Feb 2019, 10:43 AMPost #8

Gross loans grew 4.0% on a year-to-date (YTD) basis or 5.6% annualised. It was supported by loans in the targeted segments, midcorp, retail SMEs, business banking as well as mortgages but partially offset by the continued contraction in auto loans. The group’s exposure to the real estate, construction and oil & gas sectors remained at 8.0%, 4.0% and 2.0% of its total loans respectively.

Member Star
Posts: 21
Joined: Dec 2018
Male, MYS
22 Feb 2019, 10:44 AMPost #9

Customer deposits grew 11.0% YTD, at a faster pace than loans. CASA was up 9.0% YTD vs. the industry’s 2.0%. CASA ratio declined slightly to 20.7% but its retail CASA mix continued to hold up at 53.5%. Group LDR and loan-toavailable funds ratios were 94.8% and 80.5% respectively. LCR for financial holding company and net stable funding ratios for banking entities were all above 100.0%.

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Posts: 21
Joined: Dec 2018
Male, MYS
22 Feb 2019, 10:45 AMPost #10

9MFY19 NIM was compressed by 5bps YoY to 1.93%. This was impacted by the rebalancing of loan portfolio and deposit mix. Gross impaired loan (GIL) ratio improved to 1.62% in 3QFY19 vs 1.72% in 2QFY19 and 1.77% in 1QFY19 (industry: 1.5%). Retail banking and investment banking’s GIL ratios remained steady at 1.32% and 0.10% respectively. Meanwhile, GIL ratios for wholesale and business banking improved QoQ to 2.18% and 1.68%. Loan loss cover including regulatory reserves rose to 116.8% as at end of 3QFY19.

Member Star
Posts: 21
Joined: Dec 2018
Male, MYS
22 Feb 2019, 10:45 AMPost #11

As at the end of 3QFY19, capital position remained healthy with an FHC CET1 ratio of 12.0%. The group issued RM1.5bil of Tier 2 capital in 3QFY19 to strengthen its capital position. Disposal of legacy retail NPLs announced earlier has been targeted to be completed by 4QFY19, and this will be earnings and capital accretive to the group.

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