https://klse.i3investor.com/web/blog/detail/neohjiaen/2023-11-24-story-h-214216010-PBA_Holdings_Berhad_The_Aberration_Named_as_CSR
What is the intrinsic value of this CSR company?

PBAHB wishes to announce that Perbadanan Bekalan Air Pulau Pinang Sdn. Bhd. (“PBAPP”), a subsidiary of the Company has on 19 December 2023 received a letter from the State Government of Penang informing that the Water Intake Fee for year 2024 to 2026 shall remain at the rate of 3 sen per cu.m based on the annual actual production volume.

https://www.klsescreener.com/v2/announcements/view/6302639

https://www.thestar.com.my/business/business-news/2024/01/18/water-related-stocks-set-to-gain

https://www.freemalaysiatoday.com/category/nation/2024/01/17/water-tariff-adjustment-for-domestic-users-in-peninsula-labuan-from-feb-1/

https://www.businesstoday.com.my/2024/01/17/water-tariff-adjustment-aims-to-enhance-quality-water-supply-services-in-malaysia/#:~:text=Starting%20February%201%2C%202024%2C%20the,based%20on%20records%20from%202022.

https://www.thestar.com.my/news/nation/2024/01/04/malaysia039s-water-tariff-among-lowest-in-asean-says-span

https://theedgemalaysia.com/node/695855

https://www.malaymail.com/news/malaysia/2023/12/30/kon-yeow-penang-water-authority-ordered-to-take-five-immediate-actions-in-connection-with-sg-perai-incident/109857

https://www.thestar.com.my/metro/metro-news/2023/12/30/cease-raising-water-tariff-fix-leaky-pipes-first

RM2.50 in 2024 possible?

A higher ROE, which might be stabilised by the ICPT mechanism, should attract wealth-maximising investors to PBA, and the much lower subsidy should drive altruistic investors away from the company; therefore, the net impact on the stock’s valuation will provide insights into the preference of Malaysian investors.

https://klse.i3investor.com/web/blog/detail/neohjiaen/2023-11-24-story-h-214216010-PBA_Holdings_Berhad_The_Aberration_Named_as_CSR

https://www.thestar.com.my/news/nation/2023/12/24/time-to-take-water-seriously

https://www.thestar.com.my/news/nation/2023/12/23/state-govt-plans-to-impose-new-water-tariffs-for-households-says-penang-cm

https://docs.google.com/spreadsheets/d/10aTv66LpAPTC8BtezQ8kgBai_YqkYaV8/edit?usp=drive_link&ouid=115125308278906410638&rtpof=true&sd=true

PBA = hidden gem!

https://klse.i3investor.com/web/blog/detail/neohjiaen/2023-11-24-story-h-214216010-PBA_Holdings_Berhad_The_Aberration_Named_as_CSR