Posted by masterus > 2023-04-26 14:30 | Report Abuse

SAN ANTONIO, Philippines (AFP): US and Philippine troops fired a salvo of rockets at a warship representing an enemy vessel in the disputed South China Sea on Wednesday (April 26), in the final exercise of the allies' largest-ever military drills.

It was the first time the countries had conducted a joint live-fire exercise in the hotly contested waters, which China claims almost entirely.

The Star

Posted by fortunefire > 2023-04-26 16:18 | Report Abuse

end at 3.88 for today i think

Posted by KylieTan > 2023-04-27 16:08 | Report Abuse

The cheaper PBB gets, the more I will collect

Posted by 1invest1 > 2023-04-27 17:31 | Report Abuse

Low, lower, lowest is best.
Buy more when problems comes around
Sell when recovery returns.
Good bank & stk when recover will take off.
Patience pays off 3y max, maybe much less.

Posted by TakeProfits > 2023-04-28 12:58 | Report Abuse

1invest1.....wait 3 years arh. It's very long term...
Many things can happen to world and markets.
By the way, "All things are not equal"!!

Posted by 1invest1 > 2023-04-28 14:27 | Report Abuse

TakeProfits, you are right.
Long time, anything happen, all things unequal

1 thing sure, PBB is conservative, rock solid
Recession, Depression PBB still stands.
Of course price dives & can rise again.
Current situation is poor.
1) If unhappy, go EPF - 100k max,
2) fd - 4%,
3) maybe bonds - unsecured - 5 - 9+ %,
4) other stks - 1,000+ stks to choose fr
5) foreign mkts - us, spore, hk, etc.

PBB is definitely NOT most profitable stk
PBB maybe safest stk long-term though
TKO just became big shareholder SMG.
He's owner of Edge & very close to THP.
Previously owned PA Bank, rescued by THP.
Maybe later become big shareholder of PBB
He's competitive, can be white knight to PBB
If he becomes major shareholder, THP happy
They were close friends.
TKO exp & expert banking, fin, comm, digital
The Edge is leading bus publication in M & S
TKO is extremely connected.
The Edge profitable covering most sectors
Who knows what can & will happen.

I support Edge + PBB co-owned by TKO.
Bank needs cutting-edge communications
TKO & Edge can provide.
Edge & PBB can co-exist & collaborate.
Separate but work together to synergise.
Max profits for both & shareholders.
Way to win PBB edges forward.

Posted by alenac > 2023-04-30 16:26 | Report Abuse

First republic is near to collapse if no rescue plan is successful. First Republic with USD 212 bill assets is as big as our bigger banks.
https://www.malaymail.com/news/money/2023/04/30/us-regulators-lead-first-republic-rescue-talks/66996

Posted by BobAxelrod > 2023-04-30 16:29 | Report Abuse

FIDC already stepping in, First Republic has gone under.......already factored into Markets....nothing new.

Posted by alenac > 2023-04-30 16:34 | Report Abuse

Who is the buyer of First Republic assets, as far as I know, no successful bidder as yet.
Posted by BobAxelrod > 3 minutes ago | Report Abuse
FIDC already stepping in, First Republic has gone under.......already factored into Markets....nothing new.

Posted by OnTime > 2023-04-30 17:19 | Report Abuse

FRC won't be the last one, more banks will go under.

Posted by alenac > 2023-04-30 20:52 | Report Abuse

Yeah more failed banks reporting......when will the next one be? Already factored in? Think again!
Yellen is finally listening. She and her team are working out a plan to shutter First Republic, selling the carcass of the bank to other, more stable players. Now Yellen needs to start focusing on other problem banks because they’re certainly out there, and figure ways to prop up the US economy. And by all means don’t cover all deposits over $250,000 like you did the last time. Doing so would just encourage more risky ­behavior.

If we have learned anything from all our financial crises over the years, it is that allowing the consequences of excessive risk-taking (losing money and worse) makes for the best type of financial regulation. The bailout-friendly Yellen may not be able to grasp this, but they’re harsh, teachable moments.

In the meantime, it would be nice if someone also taught Yellen to read a bank balance sheet.
https://nypost.com/2023/04/28/clueless-yellen-fails-to-stave-off-bank-crisis-as-first-republic-sinks/

Posted by masterus > 2023-05-01 06:57 | Report Abuse

Time running out for US financial firms to bid for ailing bank First Republic
Deadline of Sunday set for companies such as JPMorgan Chase to table offer for California bank whose shares have plummeted

Posted by OnTime > 2023-05-01 09:21 | Report Abuse

thank god our local financial institutions are in much better shape.

Posted by GregBursa > 2023-05-01 20:09 | Report Abuse

I would avoid buying all banking counter for now until the dust is settled in US

Posted by masterus > 2023-05-01 21:17 | Report Abuse

U.S. regulator seizes First Republic Bank, to sell assets to JP Morgan

Posted by alenac > 2023-05-02 09:35 | Report Abuse

Relieve the market sentiment from going bad. Next round of bad news coming????? Any more runs on banks will be devastating .........? Yellen will not be able to stop them.
masterus
U.S. regulator seizes First Republic Bank, to sell assets to JP Morgan

12 hours ago

Posted by KylieTan > 2023-05-02 13:32 | Report Abuse

Wait for the outcome of this FOMC meeting then...Possible another 25 bps rate hike

Posted by EatCoconutCanWin > 2023-05-02 15:37 | Report Abuse

Bank collapse, early sign of economics down turn. Run n buy lower at 2.00

Posted by KClow > 2023-05-02 15:51 | Report Abuse

I like pbbank. I m buying.

Posted by 1invest1 > 2023-05-02 16:41 | Report Abuse

Definite up 0.25%. Done deal alrdy.
Fed made mistake previously.
Fed said inflation transitory only.
Now, can't afford double mistake.
So, good or bad, right or wrong, up int rate.

Posted by masterus > 2023-05-03 14:01 | Report Abuse

4 minute readMay 3, 20234:53 AM GMT+8Last Updated 9 hours ago
Stocks sink; Treasury yields, dollar fall; Fed, debt ceiling in focus

Posted by masterus > 2023-05-03 14:03 | Report Abuse

Gold broke higher in the overnight session, racing above US$ 2,000 an ounce with risk sentiment sinking which saw Treasuries go higher on lower yields.

Wall Street finished down after regional banks faced scrutiny by the market despite the embattled First Republic Bank finding a home with JP Morgan at the start of the week. The KBW bank index which includes several leading regional banks, went 4.47% lower on Tuesday.

All the while the unresolved US debt ceiling issue continues to swirl and with these growing concerns for the macroeconomic environment, gold and Treasuries caught a bid.

Posted by alenac > 2023-05-03 23:52 | Report Abuse

Weeks later still no end in sight for banking jitters. Public just today raised BLR. How much do funds know about the next US bank in trouble?

1 second ago

Posted by masterus > 2023-05-04 08:38 | Report Abuse

PacWest shares plummet 50% as it explores potential sale
California lender is latest to seek financial lifeline amid worst industry crisis since 2008

Posted by masterus > 2023-05-04 09:00 | Report Abuse

PacWest Stock Falls 55% in After-Hours Trading

Posted by masterus > 2023-05-04 09:01 | Report Abuse

Next to collapse?

Posted by masterus > 2023-05-04 09:02 | Report Abuse

Mirror mirror on the wall, which banks will be the NEXT

Posted by OnTime > 2023-05-04 09:06 | Report Abuse

lots of money will flow into emerging market banks

Posted by stockraider > 2023-05-04 09:25 | Report Abuse

Banking stock will fly with higher interest increase of 0.25% pa loh!

Posted by stockraider > 2023-05-04 10:43 | Report Abuse

High Inflation is here mah!
Better than to fight it by increase interest than to do nothing loh!
If we do nothing ....the samething mentioned below wil eventually still happen mah!

Yes...if we increase interest rates earlier....it will benefit the banks in terms of better profit mah.....but fighting high inflation is a very important process loh!

Lu tau boh ?

Posted by wisdomtot > 37 minutes ago | Report Abuse

On another note, if interest rate increases above equilibrium, it means structure is broken. Costlier to do biz, means less biz expansion, less biz means less loan disbursement.. it means harder to achieve growth, as it may be offset by NPL also due to increasing rates. Let market forces decide where is the equilibrium.

Posted by alenac > 2023-05-04 21:48 | Report Abuse

Another bank crashes, PacWest, next Western Alliance........
https://www.thestreet.com/banking/troubled-bank-pacwest-crashes

Posted by M55555 > 2023-05-04 22:42 | Report Abuse

So tomorrow PBB sales?

Posted by SHOB > 2023-05-05 08:30 | Report Abuse

futher down i will be collect , 3.6

Posted by EDwarrior > 2023-05-05 11:04 | Report Abuse

Buy

Posted by James_Bond > 2023-05-05 15:20 | Report Abuse

Go go go Public bank! Huat ah!

Posted by Ninja _07 > 2023-05-05 15:26 | Report Abuse

@SHOB ... alamak..! You cannot collect already liao..

Posted by myloh123 > 2023-05-05 15:29 | Report Abuse

Why pbb suddenly shot up 9 sen...anybody knows?

Posted by masterus > 2023-05-05 15:45 | Report Abuse

Wall Street ends down as PacWest fuels fears of deeper bank crisis
Source: Reuters

Posted by James_Bond > 2023-05-05 15:48 | Report Abuse

If you don’t think public bank would perform with more profits, then just sell it off!

Posted by James_Bond > 2023-05-05 15:49 | Report Abuse

I will bring my truck to load public bank shares from you.

Posted by myloh123 > 2023-05-05 15:50 | Report Abuse

4 straight days down. Tonite dows will hv a technical rebound

Posted by James_Bond > 2023-05-05 16:02 | Report Abuse

Dow most likely will go down

Posted by stkoay > 2023-05-05 16:52 | Report Abuse

Wow....up 10, long time no see such BIG up..
....congrats to those who bought recently....

Posted by KylieTan > 2023-05-05 17:56 | Report Abuse

Nice. What a great movement after the news of the OPR hike came out!

Posted by alenac > 2023-05-06 17:01 | Report Abuse

Next change, real estate bubble burst due to high-interest rates?

"A lot of banks had illiquid balance sheets. They would take significant losses if they had to mark [their assets] to market,” said Ryan Nash, managing director of the financials group research at Goldman Sachs, in a webinar. Many banks had "limited to no shareholder equity and a highly correlated deposit base, particularly among uninsured deposits.”

In addition, many regional banks, Nash said, have "exposure to high-risk commercial real estate areas, such as offices.”

Because property values have declined as office vacancies have increased in many cities across the U.S., many banks are expected to encounter challenges with their commercial real estate portfolios.

"A lot of real estate isn’t so good any more,” Charlie Munger, vice chairman of Berkshire Hathaway, recently warned. "We have a lot of troubled office buildings, a lot of troubled shopping centers, a lot of troubled other properties. There’s a lot of agony out there.”

https://www.thestreet.com/banking/will-pacwest-be-the-next-u-s-bank-to-collapse

Posted by masterus > 2023-05-07 09:32 | Report Abuse

US could default by June 1 unless debt ceiling is raised; Biden looks to meet with Congress

Source : abc news

Posted by prudentinvestor > 2023-05-07 16:35 | Report Abuse

Friday's huge spike in Dow, S&P500 and Nasdaq suggests that a settlement may have been reached.

Posted by masterus > 2023-05-08 10:27 | Report Abuse

Janet Yellen almost ruled out minting a trillion-dollar platinum coin to avoid a national debt default, but didn’t really: ‘No good options’
:fortune.com

Posted by TakeProfits > 2023-05-08 14:43 | Report Abuse

Lai Liao. Lai liao...fart taaart...hehe

Posted by James_Bond > 2023-05-09 10:38 | Report Abuse

Come on, sell to papa… haha