Hope rally for all GB shareholders to profit

What goes up must come down,
what comes down must go up, over time in the stk mkt.
Yes, could be counter, country or cond.
It is risk - reward situation.
Confident if 41c, can recover over time to 60+c
If retest 41c, sure will buy.

During Liew's time, co doing very weLL.
He did an excellent job & led co uP.
Since he sold out, co never the same.
Co could not perform the same since.
Property mkt local-global slowly overheated
Probable recession nxt yr won't help at all
What can we expect then, up or down ?

ken2004
You'll right, spamming pushes price down.
Recent low 41c & recent high 70+c.
Current global-local cond going Lower
Maybe retest 41c, good opp to pick up then.
For long-term, sure can buy if pick up 41c.

US-Fed fin'l woes may cause world problems
GB recovery delayed maybe 6 - 9+++ mths

Every year-end full hse except last 2 years
Normal better res, as usual, no big surprise

Likely children inherit shares, no change.
PBB can't be a trading punting share.
Geat bank's price can't be volatile up down.
It can be more aggressive in other ways.

Attention calvintaneng,
PBB great, become no. 2 mkt cap in Bursa
Go BUY and PROMOTE PBB.

CGS-CIMB said the late Teh was the largest shareholder of Public Bank with a 23.41% stake (or 4.54 billion shares) as at March 14, 2022.

“Based on the closing price of RM4.40 for PBB on Dec 12, Teh’s stake carries a total value of RM20 billion.

According to Section 92 of Financial Services Act, individuals are prohibited from owning more than 10% stake in a financial institution unless they already held the stake before June 30, 2013.

THP has one son and 3 daughters.

Furthermore, their inheritance can be in the form of a trust that is structured to abide by the relevant laws; SEC, MoF & BNM.

CGS-CIMB Research has an
“add” call on Public Bank.

“We maintain our earnings per share forecasts for financial years of 2022 to 2024 and dividend discount model-based target price of
RM5.20 for Public Bank,” it said.

The research house noted that Public Bank has one of the
lowest credit costs among its peers.
It also said that Public Bank may see a potential write-back in management overlay.

Fund manager Danny Wong told StarBiz that Public Bank’s fundamentals remain
stable, going forward.

Wong, who is the CEO of Areca Capital, said that Teh has left
a credible line-up of top management to steer the banking group even without his presence.

“Public Bank is a very retail bank and
it has a loyal customer base.
This would provide support to its business ahead,” he said.

Congratulations to all PBB shareholders who are entitled to 4c div.
Ex-date today, Dec 14.
Next div for 4QR next yr approx March.

Public Bank — the stock that made many millionaires

Just from the year 2000 —
when Public Bank was trading at an adjusted price of 72 sen —
the stock has climbed
510%,
representing a compound annual growth rate of an impressive
8.56%
in the last 22 years.

An investor who bought into the company at the time and followed through with just one rights issue in 2014 would have enjoyed capital gains of a whopping

2,998%,

even without reinvesting the healthy dividends obtained into the company.

Public Bank's ability in rewarding its loyal shareholders beats that of many other companies on Bursa Malaysia. Will there be more companies listed on the local bourse that will be able to provide similarly handsome returns to shareholders in the future?

https://www.theedgemarkets.com/article/public-bank-%E2%80%94-stock-turned-many-millionaires

Children not interested in running PBB.
Inherit shares, let TAL & mgmt cont run.
Simple, no need take over when mgmt great.

His children can inherit all of THP's shares.
They can let the mgmt cont running PBB.
This way, no change, children own it.

Yes THP knew his time has come.
He wants to give us 1 more div 1 last time
This shows this man has a Good Heart.
We will really miss him as he grew PBB.
Hope his protégé can carry on his legacy
PBB bef bonus 4:1 was abt $20.
after bonus 4 now 4.40 rise to 10 - 12 2030

DestinyL, cannot lah.
Thai planning open up to 5 casinos alrdy !
If half approved, got 2 - 3 new casinos alrdy
2 - 3 new casinos, M visit T instead, lol Pnites/M'sians go T for leisure+ casino !

Buy on drop, hold, sell on rise. Profit.

Demographics of M needs 1 casino only.
2 casinos overlap compete another same c
License is extremely difficult to obtain.
Rules & regulations are very restrictive.
Costs very high to set up casino resort.
ROI may take too long.
Opportunity costs are too high.
Set up abroad offers more ROI potential
Earn higher returns, rev, profit, foreign exch

Better opportunities abroad.
Set up casinos in US, Thai, EU, China.

https://www.thestar.com.my/business/business-news/2022/12/12/passing-of-public-bank-founder-leaves-huge-void-in-banking-sector-the-country-pm

Public Bank Bhd is
2nd biggest, highest & largest mkt cap in Bursa.
PBB mkt cap is abt RM$85.5 Billion today.

PBB will proceed, progress & propel forward.

Buy on weakness, sell on strength.
Added PBB shares.
PBB is a perennial stronghold.

https://www.theedgemarkets.com/article/public-bank-founder-teh-hong-piow-passes-away-aged-92

It is a very SAD & happy day as
TS DR. TEH HONG PIOW has returned to the LORD.

He founded PUBLIC BANK BHD.
He set the bar for being the most prudent bank here.

PBB maintains the
Lowest Risk Ratios
among banks according to published data this year.

He retired in 2018.
Ts Ds Dr. TAY AH LEK has taken over since then.

Now, PBB will continue in its trajectory on a steady, secure and strong growth onwards.

Before you get too excited,
low around 41c.
Already shot back to around 73c.
41c to 73c is a whopping 78 % rise.
Sharks made alot already.
Need to retreat to 45 - 50c range to buy.
Sharks are waiting for you to buy now :p

Agree with DestinyL.
Always at a disadvantage to shareholders
Answer is to get stk price to revisit 2.95.
Recession on the way, around Q2.
Let's see where the price will be.
Adage of buy low, sell high applies :p
‐-------‐---------------------‐---------------------------------
An astute post by AngTayKor

What is cheap? Cheap can get cheaper. Ever cheap until 2.95 before :p

Why sell to GM,
sell to GM, shareholders GM & GB pos or neg ?
According to cgscimb - says this is neg.

https://www.theedgemarkets.com/article/genm-raising-stake-empire-resorts-negative-says-cgscimb

https://www.theedgemarkets.com/article/genting-malaysia-invests-another-us100-mil-empire-resorts

Direct impact on GM
Indirectly may affect GB a little.

Hockhwapbb knows PBB is good.
He is a smart, savvy & safe investor.

Sharefisher & DestinyL can recommend stks

PBB is still good.
PBB stable & safe, sure grow but slow.
Public mutual EXTREMELY S L O W !
PM not for those who know how to invest.
PM is for no interest & knowledge of stk mkt

Good posts from
Sharefisher
Hockhwapbb
stormraider888
thye82
Investmalaysiaa
powerwk
apprentice
Maverickeking

DestinyL, you are good.
Your stk picks become profitable over time.
Congratulations, you know your stocks well.

neohts, my friend, buy & sell, part of stk mkt.
One sells, you can buy, if not no trade at all.
You'll smart, buy-hold GB, you'll be rewarded

Some banks are led by multi-billionaires.
Mgmt fully capable of mgg security risks.
Worker teaching whole mgmt what to do.
Laymen with no $$$ teaching bankers.
It's like primary 1 teaching PhD holder.
SO STUP!D.

@choysun buying selling or on vacation

GB is still around after so many years.
Naysayers are born & pass on over time.
GB will cont. to grow with every election.
Fr 1 casino here to many in S, US, UK
& open up in pltn, o&g, themepk, biomed
& MORE TO COME
so buy when stk crash & sell when boom
No other way.
Follow Warren Buffett,
richer, smarter, wiser than most.

Why are they so into winning awards ?
Why not into getting rev & profits ?
Instead issue RI to refinance b, etc. ?
Where all previous earned rev & profits go ?

RM10,000 in fixed deposit vanished from retiree’s account in Ipoh. The Star.
All banks are different.
Be careful.
Choose wisely.
Deposit in bank renowned for security.
Earn int or good div & cap appreciation.
FD is a good alternative with int & safety.
Go bank with Public Bank & buy PB shares.

BILLC, why you dislike GB so much ?
You don't have any pos posts abt GB.
Or you want GB to Crash so you buy all ?

Michael_chan, yo, ho, wo. Thanks.

AngTayKor is always ahead of the curve

Need come down more in order to buy.
This fella cannot chase to buy & get trapped
----‐‐--‐---------‐---------------------------------------------
DestinyL
Give it time, maybe below 50 still good to average
-‐--------------------------------------------------------------
Sharefisher
No rush for me ...

Wah, fr low 0.42 to abt 0.545 is 30% UP
30% SHOT UP in 2wks SUPER FAST & HIGH

Hopefully, GB retreats to much lower lvl
AngTayKor stkoay DestinyL choysun buy
Everyone can buy
All supporters can huat, ong ......

choysun,
how mkt up when likely 0.75 % US hike tmr
More rate hikes coming Dec.
More rate hikes coming 2023
Fed won't stop rate hikes till inflation falls.

Sharefisher, I have faith in you.

Sharefisher seasoned savvy smart investor
A long-term investor (1 - 3 yrs)
Most of the time, maybe 90+ : 10- he wins.
A long-term player who knows mkt in-out.

Agree with Sharefisher.
Wait, patience, oppo will come.
No buy, no loss, only oppo to gain loss only

stkoay thanks for sharing.
Their forecast is perhaps way too optimistic given CI alrdy recovered 72 pts & another 127 more to go to reach their hypothetical 1,571 tgt.
This is abt a 200 pt gain !
A 14.5 % gain !
In good times, this sure can go & more.
Now, with global & local economic recession & whatnot on the horizon, these guys are cooking & frying numbers

https://www.edgeprop.my/content/1904119/epf-says-it-voted-favour-s-p-setias-proposed-rights-issue?wref=edgemarkets

Buy in open mkt less cumbersome w/o need of subscription, conversion & T&C.

Maybe can buy at better price.

neohts, thanks for your update.