Sure PBB has branches in Asean growth areas such as Cambodia, Laos & Vietnam. While China is still recovering from a property crisis, its Solar, EVs, and Communications technology industries are still strong, and supporting services such as banking create opportunities for PBB in the region.

Within expectation.
Stock: [MBSB]: MALAYSIA BUILDING SOCIETY BHD

4 weeks ago | Report Abuse

Possible divi of 3 sen only. Most extra money was paid for Divi last year.

yeah, Gold, Silver, and Bitcoin?

Loy Loy Cheong
When you think it is already low, it will go lower....cash is better then paper now...the only place is gold

4 hours ago

Down all the way?

Ding dong ding dong, all weak attempts to break 82.5 sen.

Today attempted to break RM5.29. Hopefully it will break.

It's normal for stock investment to lose money in the beginning or all of it eventually. Stock selection is crucial for eventual profit if for the long term. Otherwise, be a trader and chase price momentum stocks. PBB is not for the short or even medium term. It's a long stretch to gain.

It looks like there is no strength to break 82.5 sen. Attempts after attempts.

This week to break 82.5 sen?

Exdivi price will be stagnant or fluctuate with a downward bias?
Shines
I thank PBB for the 10s dividen, but was robbed 20s by the crocs.

4 hours ago

Good morning Surprise2 Support strong this Friday? More laps to go next week then?

Owner Goreng the shares, dun get caught before a big drop. The question is when gonna happened.

Possible divi of 3 sen only. Most extra money was paid for Divi last year.

No strength today, if no runup today then tomorrow's last opportunity, Friday less certain for any upward movement.

Say what you want to say but that is the reality. Just look at how screwed up government-owned entities like TH, Felda, LTAT, KWAP, and so on.
Loy Loy Cheong
Private entities should never be use as a subsidizing enterprise, the banks should work for investors and social subsidy should be the responsibilities of the gov. Gov intervention will leave a bad taste on the investors.

3 hours ago

Good morning, there are still sensible discussions among forumers here. Let's keep it healthy. MBSB is different from other banks. The largest shareholders are EPF & PNB, which are GLCs. GLCs are hybrid companies that may prioritize social services instead of profits. So many times they failed to reach targeted profits. The impact of government intervention in MBSB.

0 seconds ago

Why should management conduct M & A when they are good in organic growth? Most private businesses banked with Public or Hong Leong. PBB is operating in many countries in East Asia.
Public Bank currently has a network of 259 branches and over 2000 self-terminals in Malaysia. The company also has its presence in the Asia-Pacific region with a network of 1 subsidiary in Hong Kong (Public Bank (Hong Kong) Limited, with 79 branches), 1 subsidiary in Cambodia (Cambodian Public Bank Plc, with 30 branches), 1 subsidiary in Vietnam (Public Bank Vietnam Limited, with 12 branches), 4 branches in Laos, 3 branches in China and 3 branches in Sri Lanka.[7]
skc761103
thye82, i agree with you, actually top management is good but not dare to take up responsibility. They just choose to sit on the current comfort zone & no eager to move forward by doing any M&A , 多做多错，不做不错.

5 seconds ago

Considering the fund's cost, a return of only 26.50 sen is not satisfactory.

Ave Price 96 sen still losses in Investment. Unless he flipped them at highs and buys low in all those years.

Ranking has minimal impact on the price of the banking stock, what matters is the expected future earnings under the expansion of digital & e-wallets impact on traditional banking industries.

Good morning, today holding on to 80 sen but a slow start.

43 mill shares transacted. Good sign. Next stage overcome 82.5 sen.

80 sen breached, does looks good, hopefully, the volume increase is sustained.

Of course, he never stole, but he borrowed KWAP monies through the government & stole the money personally. So he stole from the government fund.

You are right Lbikeride. Big paid-up counters prices are manipulated by funds and the dominant player is EPF. Without EPF most top 100 counters' prices will be below fundamental values. If you have read this accurately, what geniuses should do?

0 seconds ago

So what are you trying to say? Right now there are sizeable stocks not absorbed by the market till 2026.

This morning the syndicate attempted to push to 80 sen.
EngineeringProfit
Taken profit$ and will be watching for now

16 hours ago

Good morning, The banking sector theme is still ongoing. When is the peak rise in price in the year of the Red Hot Dragon? Hohoho..... Dragon firing the red hot financial sector..........................
https://klse.i3investor.com/web/blog/detail/kenangaresearch/2024-03-06-story-h-186666312-Banking_4QCY23_Report_Card_Decent_Showing

Good morning, Widad or "Wedead" group, this is the company given by Mr Karok to develop Langkawi. Where is the source of funds to do that? Only strong cashflow companies invited to improve the Island like Gamuda, IOI Prop, Mah Sing, SP Setia & many others can develop Langkawi successfully. Simple maths & logic.

Good morning if Tan Seli keeps on collecting TG, sooner he has to privatize TG. The question is how much he can buy to prevent the counter from falling below 59 sen? Price now is controlled by Tan Seli.

The glove sector is to recover only in 2026. The supermax prediction of recovery by 2025 is not accurate. Meanwhile, there is still more room for the price to collapse moving forward. More Sukuk downgrade for TG on the card?
https://theedgemalaysia.com/node/703766

myinvestor, you must be a rep of Stanley? Let us have a glimpse of the US factory projections of sales. profit and its assumptions.
myinvestor
https://splash247.com/first-casualties-feared-in-red-sea-shipping-crisis-as-crew-abandon-missile-struck-bulker/
First casualties feared in Red Sea shipping crisis as crew abandon missile-struck bulker.

Supermax setup factory in USA is step to right direction. In future Spmx will able diverge the shipments from North America to Europe customers despite the red sea shipping crisis..

16 minutes ago

I am sure PBB is so much better than Revenue.
redhotpepper
THP got the wrong protege.

15 hours ago

Yeah, Crypto Bitcoin and some others are shining at the moment. Greed drives men.
Shines
Please take note that nowadays rubbish will turn into at least silver if not gold

20 hours ago

Yeah, Snaky

Meaning that the downgrade is due to falling turnover & no profit is a sign that the industry is still unable to recover in the short to medium term. The prediction of recovery in 2025 may also be slim. So why still focus in glove, time to move on.

1 second ago

Looks like not enough volume to push the price up. Tomorrow is already Friday.

TG Sukuk was downgraded, an indication that any financial improvement is not sustainable.
https://theedgemalaysia.com/node/703671

Whatever the reason to build a glove plant in America, the end product must be cheaper than in China & Malaysia. A glove plant is not a high-tech value-added industry where the margin is super high. The reason most industries seeking low cost goes to emerging economies & China.

While other industries recovering at full speed after the pandemic, the glove industry is in a doldrum. Until the next health crisis, the industry will remain stagnant at the foot of KLSE. The Edge looks at Supermax expansion to the States & does not think it will work out. A disaster in the making.

https://theedgemalaysia.com/node/703248

Good morning, why worry, banks are having a good time in the rising interest rate environment. Ex divi date the PBB price will adjust to its fundamental value plus goodwill.

Looks like attempts to cross 82 sen failed. How many more attempts before the next quarter report?

If can cross 82 sen, sell at the speculative price, and collect at all lows?
Kenanga analysis of last quarter
MBSB’s FY23 core net profit (-70%) missed expectations as it continued to be strained by poor interest margin mix, leading also to several missed earnings targets. With the completion of MIDF, the group is due to extract synergies in the long term but near-term outlook may remain cloudy until it can optimise its portfolios. We slash our FY24F earnings by 32% and lower our GGM-derived PBV TP to RM0.59 (from RM0.63). Maintain UNDERPERFORM.

1 minute ago

The glove market not going anywhere but down. Prices in 2024 remained low.
Unfavourable outlook to persist in 2024, with continued squeeze on margins
On prospects, the group acknowledges that the rubber glove market remains lacklustre with an unfavorable outlook for 2024 due to ongoing demand-supply dynamics post-pandemic.

"At the two most recent large international trade shows, the takeaway was that the oversupply situation is expected to moderate gradually over an extended period as more and more smaller players exit the market, while bigger players scale back expansion and retire older factories and production lines.

"The industry is basically going through a consolidation stage at this time," the group said.

Moreover, the group notes that ASPs remain suppressed, with manufacturers from China proving to be daunting competitors and believed to have taken over the global leadership from Malaysia, at least in terms of pricing.

Supermax does not expect to see a significant improvement in performance for the rest of the year 2024 due to the high volume of high-priced stocks at its overseas distribution centers.
https://theedgemalaysia.com/node/701611

LLC I thought you left the MBSB counter since management is super bad. Or looking to hit and run?

Indo-China securities trading business expansion. Also, there are a sizeable group of Malaysian businesses in China where they are likely to connect with PBB.
“As such, the proposed acquisition presents an opportunity for PBVN to expand its financial services offerings in Vietnam with the inclusion of securities trading services.

“Upon completion of the proposed acquisition, PBVN intends to leverage on its existing client base to grow the securities trading business,” it said.

The bank noted that the proposed acquisition is also expected to further strengthen the presence of the group in Vietnam as well as provide synergy to its Indo-China operations.

“PBB Group has an existing securities trading arm in Cambodia, namely Campu Securities Plc, which is a wholly-owned subsidiary of Cambodian Public Bank Plc, which in turn is a wholly-owned subsidiary of PBB.
https://www.freemalaysiatoday.com/category/business/2024/02/19/public-banks-unit-acquires-rhb-securities-vietnam-for-rm72-6mil/

Good %tage going above 82 sen better but not certain unless good news impacting price is due for release.
641003025255
Next targert 0.80 and once declare Dividen TP will 0.90 follow by RM1 than everyone to rush to buy. This is malaysian culture.

16 hours ago

If big funds are riding PBB price then go along with them why complain? With so many shares issued, only big funds can absorb and keep prices stable.
BlackDiamond

Have you all studied the game yet! Big funds are selling at 4.42 and than pushing it down to 3.00 and buying it back and pushing it back to 4.42 and repeating it! Beware buyers! Don’t get cheated! With the way things are moving l don’t expect a good bonus. 😭😭😭😭😭

MBSB has to move past 82 sen to convince any buy-in.

This company depends too much on PAS Kedah MB Mr Karok.

Yeap, buy, buy and place your bets, spin, and wait for 1 year? Nusantara is the market?