ABMB Stock Forum

momobie : I still holding

Will try harder : can't wait any longer.

Nepo : right issue price RM 2.80

DataCentre SugarBabe : what ai draw this

103876191 : for a short term it will give less revenue. in long term it will make more profit to banks as people will get more purchase to fullfill their needs get more loans on lower interest rate.

kvin108 : personally i like their RI, panic sell is just an opportunity for me to accumulate more, while RI i will definitely subscribe it, as can get cheaper price too, basically, for long term as in 3-5 years, it is a good return, at least better than putting your money in fd, and higher return rate than malaysia CPI, overall, good buying chance (for me)

Will try harder : Banks issue rights issues mainly to raise additional capital for various strategic and regulatory reasons. Here are the key reasons why a bank might do so:
Strengthening Capital Adequacy Ratio (CAR), Business expansion, Covering NPL, Reducing debt level, Improving market confidence.
For the case of ABMB, officially it is noted as Business Expansion.
ABMB has relativelly smaller asset and market capitalization compared to the big boys, but it is not the smallest among the other siblings. With the issue of Right Issue, hopefully one day it will be one of the big boys in the market.

WindTrader : its just de BAD timing n Mkt sentiment …… it was Worst for YTL , dropped since today