Agreed with tim09.. 2021 won't be good for bank cos of moratorium plus NPL increasing. Worst still BNM teduring opr rate

Can warrant price be more than mother share. If yes, i think i will sell instead of convert to mother share. Correct me if i am wrong. YQ

If warrant is rm1. 10 and mother share is 2. 40.
Should we sell or wait till mother share shoot above 2.50

Tq atomichabits.. My remisier told me normally ppl will sell the warrant. I asked on conversion to mother share.

Anyway sorry for Serbadk But Karim did exceptionally well for Kpower and also Scib. I guess Serbadk turn will come soon when oil n gas recover.. Be patience..

Fitch said the rating outlook for Malaysian banks was “negative”, while the sector outlook was “stable”.

It said the key issues for Malaysian banks were slow non-performing loan recognition, lower profitability and property market risks

Anson liew must hiding and crying in pain cos didn't buy and trying to ask others to buy Gets.. Really pity him cos he misses a huge opportunity to make money

Wah.. Think K Power brake not working.. RM8 COMING SOON.......

Trade with cautious for bank stock..

Bank will operate in Uncertainty environmental condition in 2021

Bank gross impaired loan ratio will rise to 3.1 end of 2020 and further 4.1 end of 2021.

Future of BAT is very bright..

Great future awaiting BAT in 2021..

Wow.. TP rm10.. TQ Karim.. You are the best..

Wanted to sell a few at 7.00 but the price overshot to 7.36..just couldn't believe it..

Agreed..

Pressure building up cos if sell price still go up but if don't sell price drop.. Anyway stay relax and enjoying the super train...

Anyone can enlighten me on why moving so fast like bullet train.. Still thinking to sell some.. Big contract??

Anson must be hiding and crying in silent.. Pity him for not joining our group..

Thanks for the kind dividend kpower. Had a great dinner with my family last night..

Kpower is really powerful.. Never seen such an incredible stock.. Thanks to Karim.. Go Go Go.....

Kudos to BAT. Anything above rm14 is a bonus for me.. Bought at 10.30 when everybody is not interested.. Thanks for year end bonus..

Guess this is the best property stock with good dividend of 8% with no debt plus cash rich..

Time to buy more if price dip beloe 20..Christmas gift..

So far don't 't see any bank willing to offer loan for airline and oil n gas industry..

I love flying airasia but not the shares.. Too risky as they need at least Rm2 billion to resuscitate the ailing airline..

Consistent dividend despite covid is just fantastic..

KUALA LUMPUR: Come Jan 1, cigarettes will be subjected to taxes at all duty-free islands or duty-free zones.

The move, one of the measures under the recently passed Budget 2021, is an effort to stem cigarette smuggling activities said to be rampant at duty-free islands and zones.

Deputy Finance Minister Datuk Abdul Rahim Bakri said cigarettes are one of the most smuggled items in the country.

“From what we know, cigarette smuggling occurs on some duty-free islands throughout the country.

“They are brought in illegally and the government is unable to collect revenue on them,” he said.

Abdul Rahim said enforcement to curb smuggling activities would be stepped up.

He noted that amendments to several existing laws such as the Free Zone Act and Excise Act were made to give more powers to customs enforcement officers to seize contraband items.

This includes allowing Customs department offices to be used as detention centres for suspects before charges are brought.

Meanwhile, Subang MP Wong Chen proposed that the cigarette tax be increased by 70% in line with the World Health Organisation’s recommendation to help curb smoking.

He raised the matter during debates on amendments to the Excise Act, noting that cigarette companies would usually lobby MPs to push for the government to clamp down harder on cigarette smuggling.

“Apart from the proposed 70% increase in tax, there must also be more effective enforcement to prevent cigarette smuggling,” he added.

He noted that a decrease in cigarette smuggling would help cigarette companies earn a reasonable profit while higher taxes would curb smoking.

A recent study revealed that Malaysia accounted for more than half of the global sales of illegal cigarettes in 2019.

An estimated 12 billion illicit cigarettes were sold here last year, comprising 62% of worldwide sales of illegal cigarettes last year.

Malaysia lost an estimated RM5bil in taxes due to sales of illegal cigarettes.

Agreed But price of PBB on 18 Dec 2019 is only rm19.00 where no covid yet, politic n economy stable..

Analyst can say anything but investor must use common sense to buy.. News of company freezing recruitment, pilot sell burgers, companies closing down, no sign of covid decreasing, empty airport, retrenchment, borrower asking for extension of moratorium etc.. Sorry abt negatives news but do you think this can affect the old and new loan. NPL will climb up plus less loan approve due to stringent processing..So wait for the right time to buy.. Happy trading..

Today, Hong Leong Investment Bank Bhd (HLIB) analyst Chan Jit Hoong wrote in a note that post-Public Bank’s bonus issue, HLIB’s target price (TP) for Public Bank shares will be lowered to RM3.95 to reflect the enlarged share base. Therefore the current prive should be around Rm20.00..

Loss of income via, illegal ciggs...

Future of BAT is very bright if government work hand in hand with BAT to combat illegal cig and improve income for government

Still thinking of selling before ex date or hold as worry price will hit below Rm5.00. Profit in hand is a safe bet.

JP Morgan operated in Asia Pacific since 1872, and today are present across 17 markets in the region. Clients rely on our global strength, local expertise and leadership across our lines of business.

Bank stock already moving fast. But oil n gas still crawling.. Soon will fly like gloves and Bank counters..

8dragon..TQ for setting Kpower Rm7. The best stock i have ever bought. Agreed Serbadk has been sleeping for quite a while..

Market research revealed that oil n gas industry should recover in 2022..So need to monitor closely..

Oil n gas industry is still not stable and many companies facing financial problem. Yinson being transporter will also be a dilemma..

For those no hurry, you will be rewarded like kpower/scib if you can bear with Karim.. Otherwise can sell if you have a better stock to buy..

Be patience. Hold tight until the dust settle.. Ha Ha..

Public still the best Bank in Malaysia.. Giving bonus 4 for 1 is never in public history. CIMB also catching up fast

Wah... Real powerful public.. No wonder they are no 1 in Malaysia..

Bank counter already started to move up.. Oil n gas not yet.. So hold tight..

All Banks counter flying high..

Reiterate BUY, with MYR2.66 TP, 39% upside and c.3% yield. The 10%
private placement proposal, in our view, is essential for Serba Dinamik to
better execute its new projects in Abu Dhabi, and enhance its
competitiveness with the new yard upgrade. While the company is not in
financial distress, the reduction of its net gearing will also address concerns
on its short-term liquidity and escalating gearing level.
 A proposed private placement… Serba Dinamik has proposed to
undertake a private placement of up to 336.8m or 10% of its total number
of issued shares (excluding 22.1m treasury shares), at a price to be
determined later. The proposal may be implemented in a single or multiple
tranche(s), within six months from the date of Bursa Malaysia Securities’
approval. Note that Dato’ Karim and/or persons connected with him may
participate in the placement up to 101m or 3% of total issued shares, which
requires shareholder approval at the forthcoming EGM. To ensure a
mandatory take-over offer is not triggered, Serba Dinamik has determined
that the exercise will not result in: i) The shareholdings of Dato’ Karim
exceeding 32.9%, or ii) the collective shareholdings of Dato’ Karim and/or
persons connected with him (including interested directors) increasing by
more than 2% within six months upon completion of the placement, in the
event that their shareholdings are already in excess of 33% prior to
placement to Dato’ Karim.

Fly

Normal after private placement, share price will adjust itself.. Once everything in place and start to move, the share will dly..

Tp 20.50 possible cos latest EPS is back to a year ago.. PBB and HLB are the most reliable Bank stock.. Prudent banker..

We keep our HOLD call on Public Bank (PBB).
Am investment Bank.
Our fair
value has been revised to RM17.70/share from
RM16.00/share, pegging the stock to FY21 P/BV of 1.4x
(previously 1.3x), supported by a higher ROE of 10.8%.
We fine-tune our FY20/FY21 net profit by -1.3%/+0.9% to
account for higher NOII estimate and raises our FY20
credit cost to 0.30% from 0.20%.
 The group reported a lower core 3Q20 net profit of
RM1.33bil (-4.0% QoQ) despite recording a stronger net
income. This was due to further conservative provisions
booked which included the management overlay.