What new replacement? THP has no position in the running of PBB, only that he held 21.64% of PBB.

The question now is how will his stake in PBB be divided/broken up since the law allows only 5% shareholding by an individual.

His holding of 21% was based on the 'grandfather' law allowing him to keep his shares but not allowed to accumulate anymore.

RHB, CIMB, Maybank and Public Bank all down at close in spite of good QR. Only Ambank is doing some catch up.
Looks like people prefer speculative stocks rather than profit making counters.
Banks are making good profits and are boring stocks. Like what Warren Buffet said, making money is a boring business. There must be some truth to it.

#Candi,

Cyber security and money laundering are 2 different things.

Cyber security cannot detect money laundering. It protect clients' account from being hacked and stolen.

Money laundering....you better goggle to understand what it means.

As for Chinese led bank being kedukut, I hope you are not too used to getting free money for nothing.
Or maybe you are upset bcoz they won't loan you money, worried you cant pay them back.

#Candi,

Cyber security and money laundering are 2 different things.

Cyber security cannot detect money laundering. It protect clients' account from being hacked and stolen.

Money laundering....you better goggle to understand what it means.

As for Chinese led bank being kedukut, I hope you are not too used to getting free money for nothing.
Or maybe you are upset bcoz they won't loan you money, worried you cant pay them back.

For the sake of the nation and PH, LGE should stay out of any post, forever.
He has made too many enemies during his tenure as the FM.
He removed all the subsidies from the farmers and the fishermen.
He stopped the grant to Utar,
He increased taxes.
He wants to reduce national debt all in one day.
He should have gone after those allerged to have stolen public money, not innocent rakyat who voted in PH.

Moo and Hadi has the poorest attendance in Parliament. They dont even understand the Anti hopping law and still using the old SD trick to secure majority.

What can they do in the next 5 years other than inciting hatred. Best thing to do is to lock them up and throw away the keys.

I dont need to be Master Sifu.

I just want you to stop writing everything in Caps. You know, Capital letters means you are shouting and its annoying.

emsvsi/8989,

Why are you SHOUTING all the time?

8899,

You shouting and cursing here also no use. Go AGM and complain there.

8899,

Stop using all Caps.

Moo a good guy?

Too funny until my toes are laughing.

29 Nov

Posted by Milton11 > 6 hours ago | Report Abuse

In 1951, Malayan Banking was established in Malaysia; today, United Overseas Bank Limited is the company's owner. Offering a variety of banking products and services, it is a full-service provider of banking and financial services.

Which planet are you from, #Milton? UOB owner of Maybank?

https://www.msn.com/en-my/money/topstories/why-country-heights-stock-is-on-a-roller-coaster-ride/ar-AAXUQny?ocid=msedgntp&cvid=6cc70976ff67435aa2137d218e62d400

So now you know why Petronas, PNB and MOF reluctant to save Sapura?

Well if he can tanam ganja, that will be a different story.

Vertical farming has been practiced by European countries for years, esp Holland.

If it is so profitable, you think Pak Arab is waiting for Pak Karim to start the industry?

Real court jester.

PBT for 1Q22 is higher than 1Q21. With the cukai makmur, most banks will have reduced PAT for 2022.

#Zensen, take the DRP

nicholas, you are not investing. You are gambling on a company with 10Bil debt. Then you look at the crystal ball and hope it will go up.

Since you have bought the shares, you are trying to justify your decision. I did not condemn you about your purchase.

Sapura may be delisted like MAS. The company business will be saved but not the shareholders. Thats what restructuring and bailing out is all about. Shares will have zero value.

Take a step back and be more realistic about the whole situation.

Sapura is not an important company to Malaysia. Petronas is. There are many other Bumi companies.

Even Petronas has no desire to bail Sapura out.

Yes, PNB will take more aggressive measures to turn the company around.
But it will be bitter pills for shareholders.

Assets will be sold off to repay debts.
Staff will be laid off to reduce operational cost.
Downsizing is the logical way to go.

Yes nicholas, put all your money in. Then lets see what restructuring and resetting means. Capital reduction 100 to 1?

Why is it still below 10sen if there is rescue package, who is dumping?

Pakatan did not give the RM3B. PNB was transferred from MOF to PMO after GE14.

#cashflow, the high price of oil is just like glove price spiking 2 years back.

Once everything is over, all shake hands and oil will be back to US60 level. Then what?? Sorry I lost all your money, again?

BTW Sapura was given RM3.7 Bil by PNB in 2019 as working capital. What happened to the money? All utilised to bayar gaji 20,000 staffs? How much more do they want?

It is easy for Najib and Zahid to talk about bailing out Sapura when they are no more in government. Let them start a crowdfunding, put in his 2.6B donation and his darling wife's diamond ring and Birkins to kick start the bailout. And i3 forummers who have been reporting profits daily from trading Sapura can chip in too.

The present PM may not look smart but he may be the smartest yet. Food AP gone under him.

The people was without eggs 3 months ago, and now without chickens. Next, no wheat and no bread. Do they care about Sapura going bankrupt when all the basics have gone spiraling out of control?

If you are PM or FM, would you give 2 or 3 Bil to Sapura, while announcing that subsidies will be taken away?

Charles Santiago's proposal of giving B60 group RM200 instead of bailing out Sapura have gained a lot of support.

If you have 1000 or 2000 shares, my advice is to take the cash. You will receive your dividend in cash/cheque by ignoring the DRP.

#beinvested.

You are in the wrong forum. There must be a Judgement Day forum somewhere.

Take your case there.

ZenSen,

Affin DRP. Your12.5sen dividend may be converted to Affin shares at RM1.84 per unit.

They will send you a form, fill it up and put RM10 setem hasil and return the form. Can also be done online.

https://www.theedgemarkets.com/article/serba-dinamik-slapped-suit-seeking-repayment-rm100m-after-defaulting-debt-papers

“On Jan 17, 2022, the defendant (Serba Dinamik) informed ARIM that the group was finalising a comprehensive restructuring and repayment schedule plan, and that it would submit the plan once it had been completed.

“However, ARIM and/or the plaintiff (Malaysian Trustees) did not receive any response and/or proposed restructuring and repayment schedule plan from the defendant at any time since and this continues to-date. There have been no further communications on these matters between the parties after Jan 17, 2022,” the suit read.

Its not so simple cashflow.

Its like 4 bungalows with 12 months mortgage outstanding.
Cukai tanah, cukai pintu outstanding.
Api, air pun kena potong.
Gaji driver, gardener and maid tak bayar.

Posted by kfliau > May 27, 2021 8:29 PM | Report Abuse

The 11 shares will be in cash so you get 100 shares plus balance in cash to avoid odd lot

------------------------------------------------------------------------

Not true. You are entitled to 111 shares and will receive all 111 if you wish.

Or you can opt for 100 to avoid odd lots.

Close 8.39

@bgbk3010 Just ignore the form sent if you choose cash over shares.
You will receive your cheque on due date.

Posted by AllYouCanBuy > Apr 15, 2021 1:35 PM | Report Abuse

What DRP price is good enough to subscribe please?

----------------------------------------------
Posted by apprentice > Apr 15, 2021 1:41 PM

7.60 and below

-------------------------------------------------------

Not too far off target

7.60 and below

C2 purchased @ 13sen in Nov were all sold off @ 40 - 44 sen in Dec.

Not much C2 in retailer's hands after Dec, so IB have no need to depress price.

https://www.bursamalaysia.com/trade/trading_resources/listing_directory/company-profile?stock_code=4162C2

PS glovefinish,

MCO may have caused you permanent brain damage.

Go do a scan.

glovefinish,

If you are over 60, you must be a bored impotent or menopaused old coot with no friends and family.

Your kick is logging on as 'glovefinish' in Spmx and 'Honesty' in TG the whole waking hours.

I suppose your colleagues must be terribly happy when you retired as you are a true kaypo who sticks your nose where they dont belong.

Many dont have shares in gloves or in penny stocks but dont go bashing the people there. We make friends and make money, not make enemies like you.

Anyway, I got to go to work. Unlike you, the rest of us have a life.

glovefinish,

I have yet seen anyone continously condemning a homegrown industry non stop except for you.

You can voice you opinion about overpriced counter, but bashing it non stop makes many wonder why.

I am ashamed to be associated with you as a Malaysian, thats why I wonder if you are Kiasu Sillypore who only knows Genting.

You admitted you never bought glove shares. Thus the envy of those who made tons and you continue praying glove will fall, thus your id 'glovefinish'.

If you been in the market since 1997 as you claim, you would have made many rounds from the glove counters, like I did and many others here too.

Posted by glovefinish > Mar 24, 2021 10:58 AM | Report Abuse

I am not new I have been in the stock market investment since the financial crisis in 1997 and 1998 during which I have earned around $800000 from Genting shares that I did bottom fishing on it.

_______________________________________________________________________

LOL glovefinish got burnt during 1997 crisis.

Genting didnt go up until many many years later.

I made my $ in 1996 buying up and selling 2nd board counters.

Been in the market since the days of easy IPOs in mid 80s and I am not even 60.

BTW glovefinish, like many oldtimers, you in love with Genting and dont see any wrong in it.

Genting is old counter which has lost its shine. You aware they renew their gambling license every 6 mths?

The govt need not close it down, just keep increase the sin tax to make it unprofitable. LGE did that after PH took over.

BTW MBB paid 38.5 (final) plus 13.5 (interim) for FY2020 while PBB paid 13 sen for FY2020.

Please do some homework about dividend paid before commenting as you are misleading others.

What nonsense. 1invest1.

To know who pays better dividend, calculate the DY for PBB and MBB thru the years. MBB beats PBB every year.

Liquidity wise, there is no issue as you can sell 100 shares nowadays, not 1000 shares like those days.

Haiz, lets concentrate on Genting, not TG here.

Posted by Simon_khoo > Mar 22, 2021 12:57 PM | Report Abuse

Apprentice, C2 settlement dates start from tomorrow?

Simon, if expire 31 Mac, starts on Wed 24th.

LOL

Genting forum so active ever since glovefinish join few days ago.

Toxic virus spreading in forum.

tolle,

Let me entertain you.

Price will drop during the 5 day price fixing for DRP.

DRP price will be below 7.80.

Thereafter the price will increase to entice shareholders to subscribe the DRP.