Posted by linges > 2023-06-01 04:14 | Report Abuse

May be our neighbour climbed up the ladder :)

Posted by 9vegetable > 2023-06-01 10:35 | Report Abuse

ok la sell first. come back again next time.

Posted by stkoay > 2023-06-01 11:55 | Report Abuse

@linges....ok, let's see.
For foreign holding, in term shares and not value, MBB has relatively low holding compared to others, may be that's why less selling pressure lately.

Posted by stkoay > 2023-06-01 11:59 | Report Abuse

https://www.maybank.com/en/investor-relations/share-information/shareholdings.page

17.3% as at end April.

The high was at 22.38% in 2018.

It's now lower but price hold....if they return then MBB has strong upside potential.

I don't have figure for PBB, so can't comment.

Posted by fortunefire > 2023-06-01 15:58 | Report Abuse

drop below 3 only buy

Posted by unicornbird > 2023-06-01 17:22 | Report Abuse

stkoay, why Maybank need to depend on foreigner to push up share price?
can't local institution & EPF buy them, as the dividend is so high. Much better than Fixed deposit

Posted by stkoay > 2023-06-01 19:59 | Report Abuse

Maybank share price has done quite well this year compared to other banks.
ASB has been buying during after they got their cash dividend in late March but has stopped lately.
EPF was selling for the past 1 to 2 weeks but price has hold around 8.60 in a weak market, meaning there was also some institutional buying during when EPF was selling.
These institutional funds normally don't chase high, they are long term and have plenty of time to buy slowly.
Foreign fund came in in early 2022, that was why the sharp increase from December 2021 closing of 8.30 to 9.12 over a short period.
Foreign buying normally is more aggresive.

Posted by stkoay > 2023-06-01 23:34 | Report Abuse

@unicornbird, talking about EPF buying.....
..from 1st March till 26th April, EPF has net bought this stock...100% buy and 0 sell during the period....
...the price on 1st March was 4.14 and 3.89 on end April....a drop of 25 sen even as EPF net bought non stop during the period.

Posted by unicornbird > 2023-06-02 07:59 | Report Abuse

stkoay, do you think public bank lost the growth potential? the revenue is almost flat for past 5 years
if so, i think it's overvalued, as people still price it like a growth stock

Posted by longinvest > 2023-06-02 11:02 | Report Abuse

WASHINGTON — The Senate passed a House-approved bill late Thursday to raise the debt ceiling and cap government spending for two years, sending the legislation to President Joe Biden’s desk .
https://www.cnbc.com/2023/06/01/debt-ceiling-bill-updates.html
Drama over finally

Posted by stkoay > 2023-06-02 11:57 | Report Abuse

@unicornbird, PBB is a very well managed bank....and all the good things was priced in previously....and because it was so well managed, any futher improvement is not easy.
It used to deliver ROE at low teen while others was doing below 10.....so, I feel the others got more upside potential.....

Posted by troy88 > 2023-06-02 12:10 | Report Abuse

PBB no longer the darling of bank stocks. Stock performance sluggish and dividend also kiamsiap

Posted by stkoay > 2023-06-02 12:46 | Report Abuse

https://klse.i3investor.com/web/blog/detail/AmInvestResearch/2023-06-02-story-h-268825948-Strategy_KLCI_target_impacted_by_1Q2023_under_delivery

58% of the May foreign net selling pressure was in banks with the rest in consumer and industrial products/services, involving CIMB Bank, Public Bank, RHB Bank, Tenaga, Hartalega, Genting and Hong Leong Bank. However, foreigners were net buyers in Maybank, CelcomDigi, Malaysia Airports, MyEG, YTL Corp, IHH, and Telekom Malaysia

Posted by RWG > 2023-06-02 14:47 | Report Abuse

pbb will be sv bank

Posted by speakup > 2023-06-02 15:41 | Report Abuse

every uncle aunty dumping Banks to buy knm, vsolar, redtone, myeg, dnex

Posted by troy88 > 2023-06-02 16:58 | Report Abuse

auntie, uncle losing so much money in their blue chips become so desperate go play goreng stocks

Posted by OnTime > 2023-06-02 17:35 | Report Abuse

blue chips are worth keeping

Posted by RWG > 2023-06-02 18:17 | Report Abuse

y big fund keep selling pbb? must be smthing wrong

Posted by valueinvestor1 > 2023-06-02 20:16 | Report Abuse

even if it drops another 50%, I will still buy it since pbb has solid management. this is a good bank.

Posted by TakeProfits > 2023-06-03 03:14 | Report Abuse

Dear valueinvestor, if pbb share price half to 1.80, it means the bank facing teruk problems lar. If that's case you can sapu all lar. I stay out at that time. Hehe. Play rebound only from there.

Posted by TakeProfits > 2023-06-03 03:16 | Report Abuse

Yes, RWG, better go have teh Tarik with the bank's CEO and find out what's happening to its share price !!

Posted by stkoay > 2023-06-03 12:34 | Report Abuse

https://theedgemalaysia.com/node/669824

On Wall Street, all three main indexes ended higher, led by gains in financials, industrials, consumer discretionary, technology and healthcare stocks.

The Dow Jones Industrial Average rose 2.12% to 33,762.76, the S&P 500 gained 1.45% to 4,282.37 and the Nasdaq Composite added 1.07% to 13,240.77.

Posted by OnTime > 2023-06-03 14:00 | Report Abuse

hopefully the spillover from wall street to bursa next week

Posted by stkoay > 2023-06-06 12:00 | Report Abuse

https://www.nst.com.my/business/2023/06/917022/banks-have-sufficient-levers-sustain-earnings-and-dividend-growth-rhb

Posted by 9vegetable > 2023-06-06 15:06 | Report Abuse

i cabut first. bbye bye

Posted by stkoay > 2023-06-06 15:13 | Report Abuse

https://theedgemalaysia.com/node/670030

Posted by Happy Nut > 2023-06-06 16:50 | Report Abuse

3.80 not so fast. Wait for me😁

Posted by The_JQuestion > 2023-06-08 10:23 | Report Abuse

our political instability and weak currency... of course lari laaa,, the state elections hopefully will be a stable one PN win 3 PH win 3

Posted by hw0706 > 2023-06-08 13:17 | Report Abuse

All bank will come down. Not need to hurry...

Posted by 1invest1 > 2023-06-08 14:13 | Report Abuse

More room to drop maybe ?
Economy weak.
Little catalyst & stimulus drive economy up

Posted by James_Bond > 2023-06-08 14:15 | Report Abuse

Time for me to average down Public bank… Profit is better Q2Q, Y2Y, along with consistent dividend payout of 4.46%, expecting higher dividend payout with higher profitability… highest return on equity 12.8%, lowest gross impaired loans ratio of 0.4%, lowest cost to income ratio among all local banks… Expecting Bank Negara will increase interest rate again, else ringgit will continue to slide down further… Smart investors will know Public bank will earn more money with higher interest rate! Cheers!

Posted by unicornbird > 2023-06-08 14:51 | Report Abuse

James, there are only 2 chinese bank left. Do you think it's safe from being swallowed up? I am keen to buy pbb, but worried about future

Posted by James_Bond > 2023-06-08 15:14 | Report Abuse

Not to worry too much because Public Bank has such excellent business model! Only could expect Public bank to swallow others, not others to take over Public bank. Cheers!

Posted by James_Bond > 2023-06-08 15:17 | Report Abuse

Current entry price for Public bank is a bargain to me. I m shifting my fund from other listed companies to public bank. Cheers!

Posted by Hachi Hachi > 2023-06-09 11:38 | Report Abuse

Pbb or hl ?

Posted by jeffchan1901 > 2023-06-12 10:09 | Report Abuse

haha.. price going up. bilis who panic sell kena kencing by sharks and fund managers

Posted by NESARAJAH1 > 2023-06-13 10:51 | Report Abuse

False rebound

Posted by Amazing > 2023-06-13 11:09 | Report Abuse

what happen to public bank oh .

Posted by Abrahmi > 2023-06-13 12:58 | Report Abuse

Long term investment.best managed bank but conservative
Patience

Posted by unicornbird > 2023-06-13 14:06 | Report Abuse

Wait for Fed to raise interest rate this week. PBB may fall again, as the yield is quite low

Posted by RWG > 2023-06-13 22:44 | Report Abuse

pbb will be sv bank soon because msia no more madani, klci ,myr drop

Posted by KylieTan > 2023-06-14 16:45 | Report Abuse

I think Fed probably will stop raising rate given that the CPI data for May was lower than estimated

Posted by Ninja _07 > 2023-06-14 16:56 | Report Abuse

@Michael Kwok.. what is your FB name?

Posted by bingoman > 2023-06-14 22:25 | Report Abuse

Jan 2023 still got rm 4.30, now 6 month become rm 3.8, why price keep drop

Posted by unicornbird > 2023-06-15 07:56 | Report Abuse

dividend is too low & poor growth rate. that's why price drop
people rather keep in FD

Posted by chopstick > 2023-06-15 08:41 | Report Abuse

very worries , BIG lender to SERBADK

Posted by M55555 > 2023-06-15 10:43 | Report Abuse

You think bank give loan suka suka ?.....


PBB and PIBB, according to Serba Dinamik, have initiated legal processes to assert their rights as secured creditors under the terms of the funding agreements.

In the event of a default of payment, the two banks have charges on several parcels of lands and guarantees in Selangor and Johor Bahru in respect of its secured loan stocks or bonds, said the group.

Posted by OnTime > 2023-06-15 12:11 | Report Abuse

valuable lands!

Posted by KylieTan > 2023-06-15 18:57 | Report Abuse

As expected, Fed stop raising rate for June

https://www.washingtonpost.com/business/2023/06/14/fed-expected-leave-rates-unchanged-first-time-since-march-2022/

Posted by GS > 2023-06-15 20:16 | Report Abuse

share price drop, dividend, outlook.....all are explained here:

https://www.publicbankgroup.com/media/525drd4f/minutes-of-pbb-57th-agm.pdf