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For me is simple, correct me if I'm wrong. Many are saying Ambank is going to bankrupt. I don't dare to say that because i afraid later kena sue. What i know is Ambank current PE is only 8.52 while Affin is 16.07, PBB is 16.81, HLB is 16.15 and Maybank is 14.93. For me Ambank current price of 3.15 is super cheap and undervalued. For Ambank to reach reasonable PE of 15 with current earnings, share price should be 5.54!!! Although Ambank suffer the penalty of 1MDB case, it's already factored and over for me and company is on the right track to recover through PP. I'm believe the PP investors are not stupid and I'm grabbing the opportunity as well.
