AMBANK (1015) - Banking on Free Money ?





Whether succeed or not, AMBANK definately worth at least RM 5.20 - RM 5.50.
Based on most of the bank research target price given.




We do not take UOBKAYHIAN target price as reference because we don't like the target price given.

We know that the risk is low as the worst target given is RM 4.90. But the best at RM 5.55. 



Looking at the chart, price have hit bottom at RM 4.90, and now start rebounding up again.
FBMKLCI is going to break 1800, most probably this index stock also will push higher up ! 


AMBANK is interesting to look at after high closing. RM 5.10 last Friday. 
Especially AMBANK-CX now is worth RM 5.10 - RM 4.15/2.5 = RM 0.38. "(under value)"
If AMBANK going higher, this AMBANK-CX should Big Meletup, can watch closely.
Dont forget AMBANK worth at least RM 5.20 - RM 5.50. 
AMBANK CX exercise RM 4.15 , RATIO 2.5 
AMBANK RM 5.00 = AMBANK-CX RM 0.34.
AMBANK RM 5.10 = AMBANK-CX RM 0.38.

AMBANK RM 5.20 = AMBANK-CX RM 0.42.
AMBANK RM 5.30 = AMBANK-CX RM 0.46.
AMBANK RM 5.50 = AMBANK-CX RM 0.54.
Provided AMBANK price up before end of September expiry date of AMBANK-CX. 
Trading call warrant do have some risk. Please make sure you understand how it work. Above is just illustration of my own expectation, do not represent 100% accurate calculation. Please seek your remisier or dealer for more information. 

By Logic Trading Analysis

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