Yeap Boontat's comment on ABMB. All Comments
Yeap Boontat
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By looking at history, it's rare for banks to offer rights issue. The last bank to do RI was in 2015 by HL bank at a ratio of 4:25 at RM 10.40. Now look at how much HL bank worth? It's twice the value.

Same goes to Maybank in 2009 (9:20 @ RM 2.74), PBBANK 2014 (1:10 @ RM 13.40), AMBANK 2007 (1:8 @ RM 3.40). After RI, their share prices double n triple.

The earning dilution will be minimal by about 10% after RI. After which the share price will rebound.

The only bank not yet do RI is CIMB.
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6 days · translate ·
Mr Goat
Yes. Now is to guess which price is the bottom level and right time to go in then rebound later.
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yean joan yap
Yes. Now is to guess which price is the bottom level and right time to go in then rebound later.
1 Like · 6 days · translate
Mr Goat
managed to bought at 4.62 in small quantity.
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Yeap Boontat
@goat and Yean...we can't predict when is the top or bottom.

What we can predict is that bank won't collapse and will always grow to give good dividends.
1 Like · 6 days · translate
Mr Goat
Yes. A lot of bulk buy at 4.65. Risk management is important. Bank will merge with another bank. BNM won’t allow it happens.
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