Posted by jeffchan1901 > 2023-04-19 08:57 | Report Abuse

me thinks frying by IBs to shake billis and collect. also apart from BNM expected to maintain rates, a lot waiting for signal on succession ownership of THPs legacy

Posted by jeffchan1901 > 2023-04-19 08:59 | Report Abuse

for those who bought cheap like me, i just file into 'No eye see until divi time' and look for opportunities elsewhere during this time

Posted by Happy Nut > 2023-04-19 12:44 | Report Abuse

Haha.... lovely price! Love it!

Posted by TakeProfits > 2023-04-19 13:28 | Report Abuse

Vely stlong sotong bank but tunggu Sampai Bila..
Still using tongkat.... hehe..Naik 3c....patah balik 4c....
Old man stock haha

Posted by TakeProfits > 2023-04-19 14:01 | Report Abuse

Kenaga TP 4.90...1$ gap...if Naik 10c every year...means 10 years Sampai TP 4.90...
Ayoh, I also get old.

Posted by KylieTan > 2023-04-19 17:11 | Report Abuse

Don't know need to wait how many months for PBB to reach Kenanga's TP...

Posted by 1invest1 > 2023-04-19 18:11 | Report Abuse

@KylieTan
IBs come up w TPs in diff ways.
IBs can be optimistic or pessimistic.
They can be subjective or objective.
Their goals may vary from your's.
Never depend on IBs' TPs, use only as guide.
Make friends & determine who you can trust.
Seek their advice and decide on your own.

Posted by ii3333 > 2023-04-19 18:59 | Report Abuse

sold at 3.97 a month ago. now still 3.97..hehe..took the money invested in cimb. earned back 50% loss in this grandpa stock already

Posted by TakeProfits > 2023-04-20 01:12 | Report Abuse

Good on you ii3333,
Public bank grand grand pa has 20 billion shares. CIMB has about half that and so is Maybank....
The humongous amount of shares means very diluted and will be hard climbing by this grand pa bank.

Posted by masterus > 2023-04-20 09:48 | Report Abuse

The next scapegoat of the currency weapon is panda nation. emperor Eagle is ready for get their free money.

Posted by masterus > 2023-04-20 09:50 | Report Abuse

The Eagle using their accestor tactics which split and rule. Made you all split and easily rule you all. Right dude.

Posted by M55555 > 2023-04-20 11:00 | Report Abuse

Who is the big whale who is selling ? We know EPF buying and small ikan bilis buying..

Posted by togogayguy > 2023-04-20 11:04 | Report Abuse

KylieTan - Don't know need to wait how many months for PBB to reach Kenanga's TP...

if cant wait, dont bother staying here and find other counter.

Posted by NESARAJAH1 > 2023-04-20 11:28 | Report Abuse

I m averaging down every 1 cent. Bottom should be 3.90 as I posted few days ago. For investors, this is the best opportunity. No fear and dividend better than FD. For short term traders, please don't have high hopes

Posted by nikicheong > 2023-04-20 12:01 | Report Abuse

Bought in at 3.93. Not sure where the weakness is coming from, but seems unwarranted.

Posted by stkoay > 2023-04-20 12:08 | Report Abuse

I suspect fixed income fund like ASB and ASM are switching to higher dividend yield stock....as a long term fixed income fund, dividend is more important than capital appreciation.....there is more certainty if one is buying for dividend than capital appreciation esp. in the current weak market.

Posted by nikicheong > 2023-04-20 12:11 | Report Abuse

I'm penciling in a dividend of 20 sen for FY2023, so that would be a dividend yield of some 5.0% at current price levels. Not sure how that's bad. Even if you forecast a lower dividend (18 sen = 4.5% yield, 16 sen = 4.0% yield etc), still pretty respectable.

Posted by stkoay > 2023-04-20 12:16 | Report Abuse

@nikicheong......MBB paid....
64 sen 2019
52 sen 2020
58 sen 2021
58 sen 2022

Posted by stkoay > 2023-04-20 12:24 | Report Abuse

ASB holds 3.844B MBB shares worth RM33.44b at current price..
.....every 1% yield equals RM334m

Posted by stkoay > 2023-04-20 12:25 | Report Abuse

They also hold quite substantial PBB......

Posted by jeffchan1901 > 2023-04-20 13:41 | Report Abuse

bro @stkoay, not only the ASNB twins, even EPF now doing so.. switching stocks to lock in high divi like YTLP, etc

Posted by jeffchan1901 > 2023-04-20 13:44 | Report Abuse

also, be mindful that the next QWD is on June 16, something could come up fast when window dressing comes along

Posted by jeffchan1901 > 2023-04-20 13:47 | Report Abuse

also, tbh, if we compare historical dividend payout, since the last Bonus Issue 1:5, the payout for PBB is actually quite good.

Posted by jeffchan1901 > 2023-04-20 13:50 | Report Abuse

Exp: FY20, they paid rm0.17 x 5 = rm 0.85, granted price also 5x, ard rm15-rm16. if divide btly 2 to match MBB, their divi would fall ard

Posted by jeffchan1901 > 2023-04-20 13:51 | Report Abuse

rm0.40 to rm0.45 .. am I correct?

Posted by jeffchan1901 > 2023-04-20 13:52 | Report Abuse

part reason why PBB does not perform as well as MBB is bcos MBB has more overseas business income than PBB

Posted by jeffchan1901 > 2023-04-20 13:54 | Report Abuse

and MBB is in the fall front of digital banking solutions which unfortunately PBB is trailing behind and depend mostly on deposits and auto segments

Posted by stkoay > 2023-04-20 14:24 | Report Abuse

@jeffchan1901, yes PBB growth potential is not as good as the regional banks like MBB n CIMB but they have the best asset quality.
....EPF always try to act like a stabilizing force.....they will sell when their holding goes up too fast and buy to cushion the fall when there is selling pressure....
....lately, they have been taking some profit on MBB while ASB has been accumulating....and buying this one due to persistent selling pressure.

Posted by 1invest1 > 2023-04-20 14:57 | Report Abuse

@stkoay, PBB is also a regional bank.
Operations in Cambodia, Vietnam, etc.
But, they're not growing much there.
Countries' laws, etc are stifling growth there.
Too dependent on local growth.
So, local slow down they'll have slow growth

Posted by 1invest1 > 2023-04-20 14:59 | Report Abuse

@stkoay is correct though.
MBB provides better return than PBB now.

Posted by nikicheong > 2023-04-20 15:07 | Report Abuse

Public Bank has a golden goose though that is not a part of its core banking operations...Public Mutual. Very profitable. Although sometimes I wonder how come their business so good despite the high fees and mediocre returns.

In any case, no one buys a company like Public Bank for high double digits returns. It's more slow and steady returns though capital appreciation and dividend accumulation.

Posted by KylieTan > 2023-04-20 15:45 | Report Abuse

Cheap price to collect now?

Posted by hw0706 > 2023-04-21 06:46 | Report Abuse

Below rm3.00 is the best. If not other will eat them

Posted by 1invest1 > 2023-04-21 17:54 | Report Abuse

Up to 3,500 high-net-worth individuals to become Singapore citizens in 2023, most from China: report
FRI, APR 21, 2023 - 01:52 PM

Fast way to increase wealth of nation.
Also, bring in talent, skills & network.

MM2H bureaucratic cumbersome unattractive
Uncompetitive & take forever

Spore will become richest nation bef 2050.

Posted by 1invest1 > 2023-04-21 18:18 | Report Abuse

Public Bank must set up network in Spore.
It's imperative & pivotal to its growth.
Spore-superb governance meritocracy & transparency
Money flowing in bcos of super potential

Spore safe haven for fmly off, startups, PLCs.

No need local partner - shareholders.
This encourages foreign investors & cos.

Posted by willc48 > 2023-04-21 18:29 | Report Abuse

public bank will merge withr hong leong once economy improves creating the largest bank and most profitable bank.

Posted by nikicheong > 2023-04-22 16:30 | Report Abuse

I'm down for a Public Bank + Hong Leong Bank merger. Will help Public Bank get on with the times digitally. HLB digital experience leaps and bounds better than Public Bank.

Posted by 1invest1 > 2023-04-22 18:25 | Report Abuse

digital banks in US & S are struggling.

PBB can scale up its digital tech & opns.
It's time for TAL to have succession ready.
PBB can do it alone, need new hero bef 2030.

TS Tong Kooi Ong, a close ally of THP, former owner of PA Bank &
owner of The Edge with ops in Msia & Spore
is most capable & competitive to take on PBB.

He is a dynamo & dynamite to lead PBB forward.

With him combining The Edge & PBB, PBB 's branding & communications will flY.
Commercial & corporate connections & communications will result in great growth.

Posted by moven00 > 2023-04-25 20:39 | Report Abuse

Be prepared to average down. looks like more downside to come.... unless KLCI shoot up to 1700

Posted by M55555 > 2023-04-25 21:37 | Report Abuse

This is one counter , that i am happy to have a chance to average down.

Posted by 1invest1 > 2023-04-25 22:09 | Report Abuse

US bank environment not so positive.
May have to wait quite a WHILE to recover.
So, if drop, Drop, DROP, time to pick up.

Posted by tehka > 2023-04-26 09:11 | Report Abuse

good this share to keep for long term. For stress free life, no need to check this everyday. Once a month or once a year is good enough

Posted by willc48 > 2023-04-26 09:34 | Report Abuse

wait

Posted by Ninja _07 > 2023-04-26 10:11 | Report Abuse

@tehka ... hahahahahahaha.. thats so true..!

Posted by KylieTan > 2023-04-26 11:24 | Report Abuse

Waiting for more discounted price to average again, e.g. RM3.60 - RM3.80

Posted by EDwarrior > 2023-04-26 12:10 | Report Abuse

Why pbb strong fundamental also can drop like that?

Posted by TakeProfits > 2023-04-26 12:23 | Report Abuse

Yes EDwarrior..very hairan. Worry what's going on? Strong counter also selling like this, not a good sign

Posted by EDwarrior > 2023-04-26 12:27 | Report Abuse

I think need to prepare cash to collect this counter

Posted by Hachi Hachi > 2023-04-26 12:40 | Report Abuse

Collect more slowly

Posted by moven00 > 2023-04-26 13:20 | Report Abuse

Get ready for next batch of collection around 3.6+. Bring it on….