Highlights
KLSE: PBA (5041)       PBA HOLDINGS BHD MAIN : Utilities
Last Price Today's Change   Day's Range   Trading Volume
0.87   0.00 (0.00%)  0.87 - 0.875  63,500
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Financials


Market Cap: 288 Million

Market Cap 288 Million
NOSH 331 Million

Latest Audited Result:  31-Dec-2019

Latest Audited Result: 31-Dec-2019
Announcement Date 30-Jun-2020
Next Audited Result: 31-Dec-2020
Est. Ann. Date: 30-Jun-2021
Est. Ann. Due Date: 29-Jun-2021

Latest Quarter:  30-Sep-2020 [#3]

Latest Quarter: 30-Sep-2020 [#3]
Announcement Date 24-Nov-2020
Next Quarter: 31-Dec-2020
Est. Ann. Date: 28-Feb-2021
Est. Ann. Due Date: 01-Mar-2021
QoQ | YoY   30.29%  |    82.90%

Annual (Unaudited) ( EPS: 7.59, P/E: 11.46 )

Revenue | NP to SH 340,201  |  25,153
RPS | P/RPS 102.70 Cent  |  0.85
EPS | P/E | EY 7.59 Cent  |  11.46  |  8.73%
DPS | DY | Payout % 3.50 Cent  |  4.02%  |  46.06%
NAPS | P/NAPS 2.05  |  0.42
YoY   124.32%
NP Margin | ROE 7.39%  |  3.71%
F.Y. | Ann. Date 31-Dec-2019  |  28-Feb-2020

T4Q Result ( EPS: 3.45, P/E: 25.19 )

Revenue | NP to SH 332,394  |  11,441
RPS | P/RPS 100.34 Cent  |  0.87
EPS | P/E | EY 3.45 Cent  |  25.19  |  3.97%
DPS | DY | Payout % 3.00 Cent  |  3.45%  |  86.79%
NAPS | P/NAPS 2.12  |  0.41
QoQ | YoY   81.11%  |    111.04%
NP Margin | ROE 3.44%  |  1.63%
F.Y. | Ann. Date 30-Sep-2020  |  24-Nov-2020

Annualized Result ( EPS: 9.60, P/E: 9.06 )

Revenue | NP to SH 334,638  |  31,796
RPS | P/RPS 101.02 Cent  |  0.86
EPS | P/E | EY 9.60 Cent  |  9.06  |  11.03%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   26.76%  |    -36.51%
NP Margin | ROE 9.50%  |  4.53%
F.Y. | Ann. Date 30-Sep-2020  |  24-Nov-2020


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Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY
31-Dec-2020 24-Nov-2020 30-Sep-2020 3 83,760 11,874 11,305 11,305 4,137 701,715 36.60% 13.50% 1.61% 330,998 25.31 25.28 3.42 3.41 1.25 1.25 2.1200 2.12   30.29%   82.90% 30-Sep-2020 0.85 3.36 24.89 0.40 4.02% 1.47% 24-Nov-2020 0.85 3.36 24.89 0.40 4.02% 1.47%
31-Dec-2020 26-Aug-2020 30-Jun-2020 2 84,991 8,673 8,677 8,677 - 691,785 - % 10.21% 1.25% 330,998 25.68 25.66 2.62 2.62 0.00 0.00 2.0900 2.09   124.50%   -48.68% 30-Jun-2020 0.85 3.31 32.42 0.41 3.08% 0.00% 26-Aug-2020 0.86 3.35 32.81 0.41 3.05% 0.00%
31-Dec-2020 23-Jun-2020 31-Mar-2020 1 82,228 4,175 3,865 3,865 - 681,855 - % 4.70% 0.57% 330,998 24.84 24.82 1.17 1.17 0.00 0.00 2.0600 2.06   131.15%   -73.29% 31-Mar-2020 0.80 3.22 68.51 0.39 1.46% 0.00% 23-Jun-2020 0.875 3.52 74.93 0.42 1.33% 0.00%
31-Dec-2019 28-Feb-2020 31-Dec-2019 4 81,415 -8,615 -12,406 -12,406 5,792 678,545 - % -15.24% -1.83% 330,998 24.60 24.58 -3.75 -3.74 1.75 1.75 2.0500 2.05   -300.71%   91.22% 31-Dec-2019 1.12 4.55 -29.88 0.55 -3.35% 1.56% 28-Feb-2020 1.03 4.19 -27.48 0.50 -3.64% 1.70%
31-Dec-2019 26-Nov-2019 30-Sep-2019 3 77,350 9,210 6,181 6,181 5,792 695,097 93.71% 7.99% 0.89% 330,999 23.37 23.35 1.87 1.87 1.75 1.75 2.1000 2.10   -63.44%   -38.60% 30-Sep-2019 1.10 4.71 58.91 0.52 1.70% 1.59% 26-Nov-2019 1.13 4.84 60.51 0.54 1.65% 1.55%
31-Dec-2019 28-Aug-2019 30-Jun-2019 2 97,004 18,223 16,906 16,906 - 695,097 - % 17.43% 2.43% 330,999 29.31 29.28 5.11 5.10 0.00 0.00 2.1000 2.10   16.82%   3.12% 28-Jun-2019 1.13 3.86 22.12 0.54 4.52% 0.00% 28-Aug-2019 1.10 3.75 21.54 0.52 4.64% 0.00%
31-Dec-2019 30-May-2019 31-Mar-2019 1 84,432 9,297 14,472 14,472 - 678,547 - % 17.14% 2.13% 330,999 25.51 25.49 4.37 4.37 0.00 0.00 2.0500 2.05   110.25%   -4.04% 29-Mar-2019 1.18 4.63 26.99 0.58 3.71% 0.00% 30-May-2019 1.14 4.47 26.07 0.56 3.84% 0.00%
31-Dec-2018 28-Feb-2019 31-Dec-2018 4 79,729 -3,256 -141,229 -141,229 5,792 695,099 - % -177.14% -20.32% 331,000 24.09 24.07 -42.67 -42.63 1.75 1.75 2.1000 2.10   -1,502.89%   -5,156.01% 31-Dec-2018 1.06 4.40 -2.48 0.50 -40.25% 1.65% 28-Feb-2019 1.25 5.19 -2.93 0.60 -34.13% 1.40%
31-Dec-2018 28-Nov-2018 30-Sep-2018 3 84,058 9,382 10,067 10,067 5,792 844,052 57.54% 11.98% 1.19% 331,001 25.40 25.37 3.04 3.04 1.75 1.75 2.5500 2.55   -38.60%   -38.24% 28-Sep-2018 1.24 4.88 40.77 0.49 2.45% 1.41% 28-Nov-2018 1.22 4.80 40.11 0.48 2.49% 1.43%
31-Dec-2018 27-Aug-2018 30-Jun-2018 2 88,782 16,874 16,395 16,395 - 840,742 - % 18.47% 1.95% 331,001 26.82 26.80 4.95 4.95 0.00 0.00 2.5400 2.54   8.71%   25.03% 29-Jun-2018 1.23 4.59 24.83 0.48 4.03% 0.00% 27-Aug-2018 1.19 4.44 24.03 0.47 4.16% 0.00%
31-Dec-2018 25-May-2018 31-Mar-2018 1 85,935 16,882 15,082 15,082 - 837,432 - % 17.55% 1.80% 331,001 25.96 25.94 4.56 4.55 0.00 0.00 2.5300 2.53   661.30%   45.79% 30-Mar-2018 1.13 4.35 24.80 0.45 4.03% 0.00% 25-May-2018 1.20 4.62 26.34 0.47 3.80% 0.00%
31-Dec-2017 09-Mar-2018 31-Dec-2017 4 66,655 -7,427 -2,687 -2,687 7,447 824,192 - % -4.03% -0.33% 331,001 20.14 20.12 -0.81 -0.81 2.25 2.25 2.4900 2.49   -116.48%   -115.91% 29-Dec-2017 1.20 5.96 -147.82 0.48 -0.68% 1.88% 09-Mar-2018 1.13 5.61 -139.20 0.45 -0.72% 1.99%
31-Dec-2017 24-Nov-2017 30-Sep-2017 3 84,313 19,901 16,301 16,301 5,792 830,815 35.53% 19.33% 1.96% 331,002 25.47 25.45 4.92 4.92 1.75 1.75 2.5100 2.51   24.31%   -27.95% 29-Sep-2017 1.26 4.95 25.59 0.50 3.91% 1.39% 24-Nov-2017 1.20 4.71 24.37 0.48 4.10% 1.46%
31-Dec-2017 29-Aug-2017 30-Jun-2017 2 80,524 13,109 13,113 13,113 - 824,529 - % 16.28% 1.59% 331,136 24.32 24.31 3.96 3.96 0.00 0.00 2.4900 2.49   26.76%   -21.81% 30-Jun-2017 1.30 5.35 32.83 0.52 3.05% 0.00% 29-Aug-2017 1.26 5.18 31.82 0.51 3.14% 0.00%
31-Dec-2017 24-May-2017 31-Mar-2017 1 80,723 15,145 10,345 10,345 - 810,496 - % 12.82% 1.28% 330,815 24.40 24.37 3.13 3.12 0.00 0.00 2.4500 2.45   -38.75%   88.88% 31-Mar-2017 1.25 5.12 39.97 0.51 2.50% 0.00% 24-May-2017 1.28 5.25 40.93 0.52 2.44% 0.00%
31-Dec-2016 28-Feb-2017 31-Dec-2016 4 79,673 2,457 16,891 16,891 7,450 801,352 44.11% 21.20% 2.11% 331,137 24.06 24.05 5.10 5.10 2.25 2.25 2.4200 2.42   -25.35%   93.93% 30-Dec-2016 1.15 4.78 22.55 0.48 4.44% 1.96% 28-Feb-2017 1.24 5.15 24.31 0.51 4.11% 1.81%
31-Dec-2016 29-Nov-2016 30-Sep-2016 3 82,191 27,360 22,626 22,626 5,793 787,859 25.60% 27.53% 2.87% 331,033 24.83 24.81 6.84 6.83 1.75 1.75 2.3800 2.38   34.92%   72.43% 30-Sep-2016 1.14 4.59 16.68 0.48 6.00% 1.54% 29-Nov-2016 1.14 4.59 16.68 0.48 6.00% 1.54%
31-Dec-2016 30-Aug-2016 30-Jun-2016 2 83,972 14,170 16,770 16,770 - 773,999 - % 19.97% 2.17% 330,769 25.39 25.35 5.07 5.06 0.00 0.00 2.3400 2.34   206.19%   14.49% 30-Jun-2016 1.09 4.29 21.50 0.47 4.65% 0.00% 30-Aug-2016 1.08 4.25 21.30 0.46 4.69% 0.00%
31-Dec-2016 24-May-2016 31-Mar-2016 1 80,862 10,661 5,477 5,477 - 760,141 - % 6.77% 0.72% 331,939 24.36 24.41 1.65 1.65 0.00 0.00 2.2900 2.29   -37.12%   260.33% 31-Mar-2016 1.11 4.56 67.27 0.48 1.49% 0.00% 24-May-2016 1.11 4.56 67.27 0.48 1.49% 0.00%
31-Dec-2015 23-Feb-2016 31-Dec-2015 4 78,314 12,154 8,710 8,710 6,623 755,087 76.05% 11.12% 1.15% 331,178 23.65 23.64 2.63 2.63 2.00 2.00 2.2800 2.28   -33.62%   5,683.33% 31-Dec-2015 1.30 5.50 49.43 0.57 2.02% 1.54% 23-Feb-2016 1.30 5.50 49.43 0.57 2.02% 1.54%
31-Dec-2015 27-Nov-2015 30-Sep-2015 3 82,377 16,131 13,122 13,122 5,798 752,195 44.19% 15.93% 1.74% 331,363 24.86 24.87 3.96 3.96 1.75 1.75 2.2700 2.27   -10.41%   53.71% 30-Sep-2015 1.11 4.47 28.03 0.49 3.57% 1.58% 27-Nov-2015 1.36 5.47 34.34 0.60 2.91% 1.29%
31-Dec-2015 28-Aug-2015 30-Jun-2015 2 75,339 14,778 14,647 14,647 - 745,605 - % 19.44% 1.96% 331,380 22.73 22.74 4.42 4.42 0.00 0.00 2.2500 2.25   863.62%   76.53% 30-Jun-2015 1.10 4.84 24.89 0.49 4.02% 0.00% 28-Aug-2015 0.95 4.18 21.49 0.42 4.65% 0.00%
31-Dec-2015 28-May-2015 31-Mar-2015 1 64,265 1,706 1,520 1,520 - 730,260 - % 2.37% 0.21% 330,434 19.45 19.40 0.46 0.46 0.00 0.00 2.2100 2.20   1,074.36%   -81.19% 31-Mar-2015 1.19 6.12 258.70 0.54 0.39% 0.00% 28-May-2015 1.08 5.55 234.78 0.49 0.43% 0.00%
31-Dec-2014 27-Feb-2015 31-Dec-2014 4 63,210 107 -156 -156 6,239 686,400 - % -0.25% -0.02% 311,999 20.26 19.08 -0.05 -0.05 2.00 1.88 2.2000 2.07   -101.83%   -105.10% 31-Dec-2014 1.29 6.37 -2,580.00 0.59 -0.04% 1.55% 27-Feb-2015 1.37 6.76 -2,740.00 0.62 -0.04% 1.46%
31-Dec-2014 28-Nov-2014 30-Sep-2014 3 65,195 8,847 8,537 8,537 5,790 731,270 67.83% 13.09% 1.17% 330,891 19.70 19.68 2.58 2.58 1.75 1.75 2.2100 2.21   2.89%   54.21% 30-Sep-2014 1.20 6.09 46.51 0.54 2.15% 1.46% 28-Nov-2014 1.18 5.99 45.74 0.53 2.19% 1.48%
31-Dec-2014 22-Aug-2014 30-Jun-2014 2 67,125 8,403 8,297 8,297 - 730,532 - % 12.36% 1.14% 330,557 20.31 20.26 2.51 2.50 0.00 0.00 2.2100 2.21   2.67%   -26.04% 30-Jun-2014 1.40 6.89 55.78 0.63 1.79% 0.00% 22-Aug-2014 1.18 5.81 47.01 0.53 2.13% 0.00%
31-Dec-2014 15-May-2014 31-Mar-2014 1 65,487 8,277 8,081 8,081 - 725,302 - % 12.34% 1.11% 331,188 19.77 19.77 2.44 2.44 0.00 0.00 2.1900 2.19   164.08%   -0.43% 31-Mar-2014 1.16 5.87 47.54 0.53 2.10% 0.00% 15-May-2014 1.48 7.48 60.66 0.68 1.65% 0.00%
31-Dec-2013 21-Feb-2014 31-Dec-2013 4 61,857 1,931 3,060 3,060 6,059 605,940 198.02% 4.95% 0.51% 302,970 20.42 18.67 0.92 0.92 2.00 1.83 2.0000 1.83   -44.73%   -56.86% 31-Dec-2013 0.99 4.85 98.02 0.50 1.02% 2.02% 21-Feb-2014 1.16 5.68 114.85 0.58 0.87% 1.72%
31-Dec-2013 21-Nov-2013 30-Sep-2013 3 63,541 4,798 5,536 5,536 5,801 719,348 104.79% 8.71% 0.77% 331,497 19.17 19.18 1.67 1.67 1.75 1.75 2.1700 2.17   -50.65%   71.18% 30-Sep-2013 0.965 5.03 57.78 0.44 1.73% 1.81% 21-Nov-2013 0.955 4.98 57.19 0.44 1.75% 1.83%
31-Dec-2013 16-Aug-2013 30-Jun-2013 2 64,569 12,081 11,218 11,218 - 718,084 - % 17.37% 1.56% 330,914 19.51 19.49 3.39 3.39 0.00 0.00 2.1700 2.17   38.22%   12.25% 28-Jun-2013 0.89 4.56 26.25 0.41 3.81% 0.00% 16-Aug-2013 0.88 4.51 25.96 0.41 3.85% 0.00%
31-Dec-2013 22-May-2013 31-Mar-2013 1 61,764 8,677 8,116 8,116 - 708,907 - % 13.14% 1.14% 331,265 18.64 18.64 2.45 2.45 0.00 0.00 2.1400 2.14   14.41%   -3.58% 29-Mar-2013 0.85 4.56 34.69 0.40 2.88% 0.00% 22-May-2013 0.875 4.69 35.71 0.41 2.80% 0.00%
31-Dec-2012 20-Feb-2013 31-Dec-2012 4 62,250 820 7,094 7,094 6,629 699,455 93.46% 11.40% 1.01% 331,495 18.78 18.79 2.14 2.14 2.00 2.00 2.1100 2.11   119.36%   -57.62% 31-Dec-2012 0.91 4.85 42.52 0.43 2.35% 2.20% 20-Feb-2013 0.87 4.63 40.65 0.41 2.46% 2.30%
31-Dec-2012 29-Nov-2012 30-Sep-2012 3 60,046 1,247 3,234 3,234 5,490 662,012 169.78% 5.39% 0.49% 313,750 19.14 18.13 0.98 0.98 1.75 1.66 2.1100 2.00   -67.64%   162.71% 28-Sep-2012 0.88 4.60 85.37 0.42 1.17% 1.99% 29-Nov-2012 0.93 4.86 90.22 0.44 1.11% 1.88%
31-Dec-2012 14-Aug-2012 30-Jun-2012 2 61,245 11,481 10,291 9,994 - 678,049 - % 16.80% 1.47% 321,350 19.06 18.49 3.11 3.02 0.00 0.00 2.1100 2.05   18.74%   -17.43% 29-Jun-2012 0.88 4.62 28.30 0.42 3.53% 0.00% 14-Aug-2012 0.93 4.88 29.90 0.44 3.34% 0.00%
31-Dec-2012 17-May-2012 31-Mar-2012 1 61,019 10,185 8,417 8,417 - 689,266 - % 13.79% 1.22% 331,377 18.41 18.42 2.54 2.54 0.00 0.00 2.0800 2.08   -49.72%   -23.72% 30-Mar-2012 0.93 5.05 36.61 0.45 2.73% 0.00% 17-May-2012 0.92 5.00 36.22 0.44 2.76% 0.00%
31-Dec-2011 29-Feb-2012 31-Dec-2011 4 56,136 6,274 16,740 16,740 5,800 682,859 34.65% 29.82% 2.45% 331,485 16.93 16.95 5.05 5.05 1.75 1.75 2.0600 2.06   1,259.87%   31.97% 30-Dec-2011 0.94 5.55 18.61 0.46 5.37% 1.86% 29-Feb-2012 0.94 5.55 18.61 0.46 5.37% 1.86%
31-Dec-2011 11-Nov-2011 30-Sep-2011 3 59,305 7,288 5,780 1,231 1,238 142,909 100.57% 9.75% 0.86% 70,747 83.83 17.90 1.74 0.37 1.75 0.37 2.0200 0.43   -89.83%   -56.33% 30-Sep-2011 0.96 1.15 55.17 0.48 1.81% 1.82% 11-Nov-2011 1.00 1.19 57.47 0.50 1.74% 1.75%
31-Dec-2011 22-Aug-2011 30-Jun-2011 2 64,574 15,599 12,142 12,104 - 669,512 - % 18.80% 1.81% 329,809 19.58 19.49 3.67 3.65 0.00 0.00 2.0300 2.02   9.69%   110.18% 30-Jun-2011 0.98 5.01 26.70 0.48 3.74% 0.00% 22-Aug-2011 0.90 4.60 24.52 0.44 4.08% 0.00%
31-Dec-2011 23-May-2011 31-Mar-2011 1 56,313 13,243 11,035 11,035 - 659,448 - % 19.60% 1.67% 331,381 16.99 17.00 3.33 3.33 0.00 0.00 1.9900 1.99   -13.01%   105.34% 31-Mar-2011 0.96 5.65 28.83 0.48 3.47% 0.00% 23-May-2011 1.00 5.88 30.03 0.50 3.33% 0.00%
31-Dec-2010 18-Feb-2011 31-Dec-2010 4 50,367 13,015 12,685 12,685 4,968 649,172 39.17% 25.19% 1.95% 331,210 15.21 15.20 3.83 3.83 1.50 1.50 1.9600 1.96   349.98%   550.18% 30-Dec-2010 0.89 5.85 23.24 0.45 4.30% 1.69% 18-Feb-2011 0.89 5.85 23.24 0.45 4.30% 1.69%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.


NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ Δ & YoY Δ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.


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  4 people like this.
 
xiaoji yet their dividend payout remain low, slightly higher than FD.
10/01/2019 1:09 AM
tigerboy Finally Penang Chief Minister Chow Kon Yeow is doing their right thing by allowing Penang water tariffs to increase significantly. Penang is having water tariff of RM0.32 per cu.m. now compared to RM0.67 for Kedah, RM0.73 for Perak, RM0.77 for Selangor and RM1.05 for Johore. (source: Perbadanan Bekalan Air Pulau Pinang Sdn Bhd-Water Tariff Project 2014). The extreme low Penang water is making it funny compared to other Pakatan Harapan controlled states as mentioned above. To close the tariff gap between states, the easiest is to raise the water tariff in Penang significantly. Penang people will have little to complaint about any water tariff increase when looking at water tariff in other states.
10/01/2019 7:19 PM
RainT not much growth story on PBA

dividend yield also lower than others

invest on others companies better
10/01/2019 11:12 PM
xiaoji RainT,
maybe thats the reason even it's to raise 20% tariff yet it's still unable to stimulate both the price and volume
11/01/2019 4:49 AM
tigerboy Under Lim Guan Eng (LGE), Penang water tariff is purposely keep low to hit out on BN controlled states claiming how efficient is Pakatan Harapan states. Even the high water tariff in Selangor was blamed on former BN government. Now Pakatan is the government of the day. The reason to keep Penang water tariff very low is no longer there. Even if the water tariff is increased 25% (from RM0.32 to RM0.40), it is still much lower than the next lowest water tariff of RM0.52 of Terengganu. With the significant increase in Penang water tariff, the profit of PBA will soar and the dividen payout will increase significantly.For the long suffering PBA shareholder, this is the moment long waited for. Just have to wait a little longer (within 2 months ?).
11/01/2019 9:37 AM
sohaitrader PBA Holdings Bhd’s is seeking a water tariff revision to raise RM501.0 mln to invest in five water supply projects in the State between 2019 and 2021. This takes into consideration that water demand in the State is projected to rise 128.0% to 1,884 mln litres per day from 826 MLD in 2017. (The Edge Daily)
16/01/2019 1:49 PM
sohaitrader https://www.thestar.com.my/metro/metro-news/2019/01/25/protecting-penangs-future-pbapp-water-tariff-review-needed-to-realise-longterm-vision/
28/01/2019 11:07 PM
sohaitrader THE proceeds from the proposed Penang water tariff review will be used solely to fund important water projects for the future, said Penang Water Supply Corporation (PBAPP) chief executive officer Datuk Jaseni Maidinsa.

He said the state government was implementing various socio-economic projects now to achieve the Penang 2030 vision of becoming a family-focused, green and smart state that inspires the nation.

“The aspirations of ‘Penang 2030’ cannot be achieved if Penang does not have enough water supply.

“Moreover, the people of Penang expect to enjoy continuous good water supply with no water rationing towards 2030 and beyond,” he said in a press statement.



“Penang’s average daily water demand has increased by 11%, from 744 million litres per day (MLD) in 2008 to 826 MLD in 2017.”

He also said Penang’s water demand was projected to reach 1,884 MLD by 2050, according to the independent ‘Masterplan Study for Potable Water in Penang towards 2050’.

Jaseni also noted that Penang’s population had increased from 1.55 million people in 2008 to 1.76 million people in 2017, adding that PBAPP’s customer base has increased from 476,179 consumers in 2008 to 604,547 consumers in 2017.

Another reason, he said, was that the number of trade water consumers (including multinational manufacturing companies, hotels and all kinds of businesses) in Penang has amost doubled, from 58,707 trade consumers in 2008 to 86,546 consumers in 2017.

“Penang needs sufficient water to support projects for the future, such as the Gurney Wharf, Batu Kawan Masterplan and Penang South Reclamation — Three Islands Project.

“According to an online portal , Penang’s per capita GDP in 2016 was RM47,332, the second highest in Malaysia after Kuala Lumpur.

“PBAPP must consistently stay ahead of Penang’s water demand to ensure that the people continue to benefit from progress.”

Jaseni also said that due to planning, development and funding considerations, major water supply projects could not be realised in a year or two.

“For example, the projected development period for the Sungai Perak Raw Water Transfer Scheme (SPRWTS) is seven years.

“The state government has implemented a ‘No Water Rationing’ policy in Penang for the benefit of the people.

“We must remember that Penang is a water-stressed state. PBAPP’s primary objective is to avoid water rationing in Penang at all costs,” he said.

On Penang MCA handing Chief Minister Chow Kon Yeow a letter objecting to the likely increase in water tariff rates, Jaseni urged MCA to “think about the good of Penang”.

Jaseni said things have changed significantly in Penang since 2008.

“Due primarily to increased domestic water consumption, PBAPP’s water subsidies for 2017 and 2018 amounted to RM163.2mil. In 2017, PBA Holdings Bhd reported operational profits after tax (PAT) of RM37.28mil.

“How may we continue to justify RM80mil a year subsidies when PBAPP needs to raise sufficient funds for projects to ensure water sustainability and security for Penang in the future?

“The proposed tariff review is not aimed at putting more money into PBAPP’s pockets. It is to protect the future of Penang and its people,” he said.


Read more at https://www.thestar.com.my/metro/metro-news/2019/01/25/protecting-penangs-future-pbapp-water-tariff-review-needed-to-realise-longterm-vision/#732eL5TGuLZWpPEt.99
28/01/2019 11:08 PM
sohaitrader http://www.theedgemarkets.com/article/span-its-high-time-water-tariff-review
02/02/2019 1:30 PM
Valuedude Is this unabsorbed reinvestment allowance thing going to be payable by the company?
28/02/2019 7:01 PM
RainT @valuedude

unabsorbed reinvestment allowance is tax incentive

it cannot be payable to whoever party

this RA is keep for reduce tax payment only , keep carry forward until can use or expire already then cannot use ( see Income Tax Act)

it is not money that pay to who or receive from who ...lol
01/03/2019 12:15 PM
RainT loss due to impairment loss on debtors

unless if future can receive back the payment then can recognize reversal of impairment loss

if not it will be permanent loss to the company
01/03/2019 12:16 PM
RainT no much information disclose about who,which and nature of the impairment loss on debtors
01/03/2019 12:17 PM
Valuedude @RainT:

if this is not payable, then I don't understand why the company record it as part of tax expense.. maybe for whatever reason they try to bring the share price down

obviously disclosure is very minimum. only retail shareholder is the one suffering..
01/03/2019 1:11 PM
dericktan but they deducted RM103,430,000 from the retained earnings! (As at 1 January 2019, got RM496,702,000.)

making it RM368,313,000 as at 31 December 2018, even lower than the retained earnings as at 1 January 2013, RM369,861,000.

they just moved 6-7 years backward, although today their business is more profitable than before, but their management seriously ...

keep so much retained earnings also reluctant to distribute special dividend, satu kali give IRB took RM0.1x billion.
01/03/2019 5:26 PM
k3nthiew https://www.malaymail.com/news/malaysia/2019/04/10/minister-six-states-approved-water-rate-hikes-two-more-soon/1741673

Should announce tariff hike very soon...
10/04/2019 12:30 PM
sohaitrader sleeping Beauty PBA ...
11/04/2019 3:29 PM
Valuedude this counter dead already?
21/05/2019 9:16 AM
mobidick Anyone knows why pba having high depreciation/depletion value in cashflow? It keep happening once awhile. Water business have such high depreciation asset? what asset is that? filter tech?
28/05/2019 3:48 PM
k3nthiew Hopeless management and BoD... using PBA's money to serve penang citizen and archieve their political objective
31/05/2019 5:12 PM
k3nthiew CEO is really hopeless... giving nonsense answer during AGM Q&A section
31/05/2019 5:14 PM
Valuedude Penang attracted approved investments worth RM8.8bn in the manufacturing sector in 1Q19, up 763% from RM1.02bn in 1Q18 and already surpassed the full year 2018 approved investment of RM5.8bn, Of the total investments approved in 1Q19, FDI accounted for RM8.47bn, while the rest was domestic investment, Chow said. (Edge)

no wonder water consumption very high. however, they do nothing to increase the price -.-
13/06/2019 10:02 AM
sohaitrader cb counter PBA i all in liao and stuck for nearly 1 year hahaha
21/06/2019 3:21 PM
Cockroach Paul Lee This PBA is charity stock lai... amitofu... contributes to Penang society.... well done... but nothing for investors
Haha... amen
Syabas...
Arigato...
Kokuncup
功德无量
29/07/2019 7:45 PM
Valuedude good result also price does not move..

-vested-
29/08/2019 9:21 AM
k3nthiew Superb quarter result... but tats the nature of the business... increasing demand when there are higher population and FDI. Good business manage by a hopeless management and lead by politician... but they tot they did good job...
29/08/2019 2:51 PM
k3nthiew Company with good profit and prospect... but they keep the monies for capex to provide good quality of water (but NRW still increasing) and to avoid water rationing... pay them self fat salary by screwing the shareholder's interest (increase salary by 16% on 2018, but dividend to shareholders drop to 3.75 sen from 4 sen
29/08/2019 2:57 PM
k3nthiew https://www.malaymail.com/news/malaysia/2019/09/08/new-water-tariffs-for-all-states-in-the-offing-says-minister/1788471
10/09/2019 9:07 AM
Valuedude finally!

-vested-
10/09/2019 10:08 AM
yangxi soon will climb RM2.00 TP
10/09/2019 10:36 AM
Valuedude http://www.pba.com.my/pdf/news/2019/20190115_PBAPP_Tariffs_116_Below_National_Average_v2.pdf

not sure why people dont get this

-vested-
12/09/2019 12:53 PM
Santiago Anyone know the status of Raw Water transfer from Perak to Penang? Has it been approved? Will PBA gain from this?
24/09/2019 5:39 PM
k3nthiew https://www.thesundaily.my/local/water-tariffs-to-be-raised-next-year-MI1468284
10/10/2019 4:39 PM
k3nthiew Get ready for the RUN... price run ;)
10/10/2019 4:40 PM
k3nthiew KUALA LUMPUR (Oct 10): A water tariff setting mechanism (TSM) is expected to be implemented next year following the Cabinet's approval, said Water, Land and Natural Resources Deputy Minister Tengku Zulpuri Shah Raja Puji.

He said the proposed tariff increase would be minimal, between 0.06 sen and 0.71 sen per 1,000 litres, which is lower compared to other utility charges such as electricity, gas and telecommunications.
11/10/2019 9:26 AM
Valuedude current water tariff in penang is 0.32. if it increases by 6 cent (lowest range increases), then it is 18.75% increase already!

-vested-
11/10/2019 11:26 AM
k3nthiew https://themalaysianreserve.com/2019/05/14/water-tariff-rate-to-increase-by-year-end/

Is year end now... is this going to postpone??
01/11/2019 3:49 PM
Lee Francis ...this is a time bomb....when you least expect it the announcement will come...and it will kaboom!!!
06/11/2019 4:39 PM
yangxi lai liao
06/11/2019 4:53 PM
Valuedude result is affected by MFRS15, fundamentally stil looks ok. but it is obvious that the directors don't put effort to explain that.....

looks like a long term game

-vested-
26/11/2019 5:21 PM
yangxi https://www.thestar.com.my/metro/metro-news/2019/11/29/pbapp-keen-to-recycle-the-waste-following-the-dutch

eh..pba when want increase water tariff penang ahhh.. must follow johor rate.
03/12/2019 11:49 AM
Hawk Eye Its in good move slowly..but gd..
03/12/2019 11:53 AM
yangxi ppl waste too much water .. please increase water tariff ..haha
06/12/2019 10:26 AM
k3nthiew Penang water tariff is so low, half of the nationwide average only, new tariff should at least meet that level, than, all PBA shareholders will huat huat!!
06/12/2019 11:46 AM
LouiseS PBA's main business segment is on providing water supply to Penang state consumers.

PBA's earning performance has been overall fluctuating in last five years, whereby its earning per share overall fluctuated from -31.25 sen to 18.66sen. PBA pays dividend consistently in the last five years, whereby dividend per share ranged from 3.5 to 4 sen per share. In FY2018, total dividend paid to shareholders was 4 sen per share, amounting to a dividend yield of 3.67%. Currently the P/E ratio is ~-3.49. In FY2018, PBA recorded a loss after tax of RM103.43 million due to the recognition of RM137.60 million in unabsorbed RA as a tax liability.

https://louisesinvesting.blogspot.com/2020/01/comments-on-pba-holdings-bhd-5041.html
27/01/2020 1:58 PM
yangxi waiting up.......... T.T
26/02/2020 12:04 PM
Valuedude accounting treatment really messed up the number. cash flow from operation is still strong though

-vested-
28/02/2020 5:35 PM
XXXvalue pba shud distribute the cash holding (as special div) to s/holders in this hard time. All glc's with large cash hoard shud do the same as this will really help the govt (the largest share holder).
17/04/2020 4:59 PM
k3nthiew A company run by a group of idiot... what can you expect?
03/07/2020 12:02 PM
meerkat0078 Buy now... Cash rich company.
25/11/2020 11:16 AM