Posted by dompeilee > 1 month ago | Report Abuse

The KLCI peaked just 4 days after this random market snapshot [notice Hang Seng was also well above 30,000 at the time while the Nikkei was below 22,000: huge reversal of fortunes since then!]: https://www.youtube.com/watch?v=dhbIyozFtxw

Will PBB & CIMB carry the KLCI far enough to breach that historic 1,896.03 peak?

Posted by BlackDiamond > 1 month ago | Report Abuse

@ dompei! Whenever there is a huge foreign funds inflow anything is possible. These funds can eccentric sometimes but mostly they go for a 20 percent gains. They are still around and yes there is possibility that the 1896.3 level could be breached. Nothing is impossible for them. Also the higher they go it will be better for us as the consolidation point will be higher when they cabut. But no worries for long term investors as by March next year it will be around 5.50 easily unless another disaster like Covid hits the world. So just enjoy the gains! A disaster is also good as it’s a time to buy as much as you can.

Posted by BlackDiamond > 1 month ago | Report Abuse

Mr Cavin my brother this time pick up as many in times of depression and you will be with us again.

Posted by willc48 > 1 month ago | Report Abuse

10 sen div per share declared. highest in 5 years

Posted by willc48 > 1 month ago | Report Abuse

still waiting with hlbb making a move to merge with pbe

Posted by Willtolive > 1 month ago | Report Abuse

willc48, why would hlbb want to be submissive to PBB?

Posted by BlackDiamond > 1 month ago | Report Abuse

4.82! Up up and to the sky! Fantastic! What a performance’👌👌👌👌👌👌

Posted by BlackDiamond > 1 month ago | Report Abuse

Hong Leong bank is also attractive and there is no need for a merger. Anyway PBB is a WARLORD and HlB is no where near PBB. PB is a MASTER and it will rule! No match! It will take HLB another 100 years to come near PBB!😭😭😭😭😭

Posted by M55555 > 1 month ago | Report Abuse

EPF is having a good time here ,buy and sell trading profit . I think it should have reached RM5 by now, if EPF stop doing that.

Posted by KylieTan > 1 month ago | Report Abuse

Ya, EPF becomes goreng kaki now ...😅

Posted by BlackDiamond > 1 month ago | Report Abuse

This is the shit thing about EPF! They only think about themselves!😭😭😭

Posted by BlackDiamond > 1 month ago | Report Abuse

Anyway Foreign Funds are bigger than them fortunately!

Posted by lawkaw > 1 month ago | Report Abuse

EPF policy : rob the poor help the rich 🦁🦁🦁

Posted by Sword > 1 month ago | Report Abuse

Anyway no complain lah...20% profit already reserve... Now wait for devident loh.

Posted by Sword > 1 month ago | Report Abuse

Followed by next quarter devident...

Posted by Income > 1 month ago | Report Abuse

Buy banks, sleep like babies

Posted by lawkaw > 1 month ago | Report Abuse

@sword : untung 20% so happy ? 😂😂😂

Posted by Income > 1 month ago | Report Abuse

The fund industry is not your friend; its best interests and yours are fundamentally misaligned.

Posted by Income > 1 month ago | Report Abuse

Orang Tua doesn't like this

Posted by KylieTan > 1 month ago | Report Abuse

Orang Tua like FD and gold which are more stable investment. ha

Posted by pang72 > 1 month ago | Report Abuse

PBBANK] First Interim Dividend on 10-Sep-2024
Announcement Date: 27-Aug-2024
Related Stock:

PBBANK
PUBLIC BANK BHD
FY: 31-Dec-2024
Amount
RM 0.1000
Ex Date
10-Sep-2024
Entitlement Date
11-Sep-2024
Payment Date
23-Sep-2024

Posted by Income > 1 month ago | Report Abuse

Bro pang, you're in the right sector you → banking bull run

Posted by pang72 > 1 month ago | Report Abuse

Yes income...
Dividend play the most resilient during market crashing

Posted by Willtolive > 1 month ago | Report Abuse

sold 482......buying other discount stocks

Posted by pang72 > 1 month ago | Report Abuse

10c dividend ex tomorrow.
Let's monitor the number of day recovery.
Maybe, taking 1 day for this round

Posted by lawkaw > 1 month ago | Report Abuse

one day?? one week la

Posted by pang72 > 1 month ago | Report Abuse

Hihi...
Up 7cnow to 4.82..
So, if up 10c today means negative one day recover the 10c dividend...

Posted by pang72 > 1 month ago | Report Abuse

Strongest PBB liao mah

Posted by lawkaw > 1 month ago | Report Abuse

@pang72,
i were rich if your words are more dominant position in the market 🤑🤑🤑

Posted by dompeilee > 1 month ago | Report Abuse

Unwilling to part with more PBBank than necessary, I SOLD some odd lots @ a higher than mkt price of $4.80 to secure 1,020 successive days of trading profit.

Posted by pang72 > 1 month ago | Report Abuse

Lawkaw,
You and me will become richer n richer... Hihi..

So fast up 5c...after exdividend today...

Tmr can cover 10c dividend gap liao

Posted by pang72 > 1 month ago | Report Abuse

calvintaneng

56,238 posts

Posted by calvintaneng > 3 weeks ago | Report Abuse

Pang72

See this

Citi downgrades DBS, OCBC, UOB to ‘sell’ as first signs of US contraction emerge

https://www.theedgesingapore.com/capital/brokers-calls/citi-downgrades-dbs-ocbc-uob-sell-first-signs-us-contraction-emerge


calvintaneng

56,238 posts

Posted by calvintaneng > 3 weeks ago | Report Abuse

https://www.federalreservehistory.org/essays/banking-panics-1930-31

Anything can happen

CALVIN,
WHERE IS THE BANKING PANIC?
PANIC BUY THAT I SEE

Posted by pang72 > 1 month ago | Report Abuse

Panic sell is in hdds, DUFU, notion and JCY.. Not banking...
Ini Calvin fault alarm always

Posted by pang72 > 1 month ago | Report Abuse

4.79 up 9c..

Holly shit.....power sia:)

Posted by pang72 > 1 month ago | Report Abuse

One day covers 10c dividend gap...

BREAKING NEWS!!

Posted by pang72 > 1 month ago | Report Abuse

4.80 up 10c...

My dream fulfill....
Hip hop horray:)

Today laugh all the way to Public Bank

Posted by pang72 > 1 month ago | Report Abuse

4.81 up 11c...

Gooooooaaaahhhh

Posted by pang72 > 1 month ago | Report Abuse

Lucky didn't believe Calvin switch my pbb to hdds... :)

I smart smart smarter.... And heng huat heng!

Posted by pang72 > 1 month ago | Report Abuse

9.9.24 $4.80
10.9.24 $4.70 open at exdividend 10c

Posted by lawkaw > 1 month ago | Report Abuse

@pang72 bro
'fatt tatt loh', i start loving you la, bro 🤑🤑🤑

Posted by BlackDiamond > 1 month ago | Report Abuse

Unbelievable Brothers! Normally there will be a fall of 8 to 10 percent after ex date, but in case of PB it is the reverse. HA HA HA! In fact l kept telling you guys not to sell your shares and top up if you can. PB is a solid counter where you can never never never go wrong and l have been watching it for over 35 years. When foreign funds come they head straight for PB first and they have a good reason, l suppose. Now my advice is keep buying as it will hit 5.50 latest by March before the next dividend. Remember my words! Also friends l think should leave Bro Calvin out of this discussion. We all make mistakes and moreover everyone has the rights for his opinion. Cheer Up Brother Calvin! You can still buy as it’s never too late!🙏🏼❤️❤️❤️

Posted by BlackDiamond > 1 month ago | Report Abuse

There is another counter worth looking up and that is Speed Mart! According to The Edge 1.75 to 1.95 will be a good buy and also some news which l will not comment. I feel over a period of time especially near CNY you will see great movements. Anyway it’s up to and don’t curse me, like Bro Calvin if lm wrong. Ha ha Ha! Just watch my predictions! Good Luck!

Posted by pang72 > 1 month ago | Report Abuse

Calvin is reasonable one..
He accepts healthy comments..

Posted by pang72 > 1 month ago | Report Abuse

lawkaw

@pang72 bro
'fatt tatt loh', i start loving you la, bro 🤑🤑🤑

2 hours ago

I GOT KUKU BIRD ONE.
YOU DON'T FALL IN LOVE TO ME:)

Posted by BlackDiamond > 1 month ago | Report Abuse

Pang: Comments which are repeatedly made on one topic on one particular person could be quite unhealthy and unpleasant many a times.

Posted by pang72 > 1 month ago | Report Abuse

Agreed Mr black

Posted by pang72 > 1 month ago | Report Abuse

Since Calvin didn't come back here so we shld not kacau him amymore

Posted by pang72 > 1 month ago | Report Abuse

CEO Morning Brief
Public Bank Teams Up With Credit Guarantee Corp to Provide RM1 Bil Financing to SMEs

edgeinvest
Publish date: Tue, 10 Sep 2024, 09:42 AM

Credit Guarantee Corp (CGC) president & CEO Datuk Mohd Zamree Mohd Ishak (second from right) shaking hands with Public Bank managing director & CEO Tan Sri Dr Tay Ah Lek after signing the partnership agreement between Public Bank and CGC. Looking on were CGC chief business officer Sean Tan (left) and Public Bank deputy CEO Datuk Chang Kat Kiam.
KUALA LUMPUR (Sept 9): Public Bank Bhd (KL:PBBANK) said it is committed to extend RM1 billion in financing to small and medium enterprises (SMEs) in partnership with Credit Guarantee Corp Malaysia Bhd (CGC).

"As the largest SME financier of the nation with a market share of 17.5% in Malaysia’s SME financing segment, our partnership with CGC reaffirms our commitment to foster sustainable SME development," said Public Bank managing director and CEO Tan Sri Tay Ah Lek.

As of June 2024, the bank has extended RM69.3 billion of financing to SMEs, Tay said at a luncheon attended by senior management staff from Public Bank and CGC on Monday, according to a statement from the bank.

The RM1 billion financing from Public Bank is guaranteed by CGC, which is 78.65%-owned by Bank Negara Malaysia and 21.35% by commercial banks in Malaysia.

CGC president and CEO Datuk Mohd Zamree Mohd Ishak said RM280 million of the RM1 billion has already been launched, with an additional RM150 million rolled out on Monday.

"Taking into account Malaysia's encouraging first half 2024 economic growth which surpassed economists’ forecast, our immediate plan is to jointly work with Public Bank on the remaining RM570 million which will be launched to meet the additional financing needs of SMEs in line with the expected further improvement in the Malaysian economy," Zamree said.

Shares in Public Bank, Malaysia’s third-largest bank by assets, closed five sen or 1.05% higher at RM4.80, giving the bank a market capitalisation of RM93.17 billion.

Source: TheEdge - 10 Sep 2024

Posted by pang72 > 1 month ago | Report Abuse

$1B loan growth to sme

Posted by Fabien _the efficient capital allocator > 1 month ago | Report Abuse

You don't sell PBBANK unless it is screaming overvalued like 2.5x BV.