People who spend time spreading fear here aren't saints. Their common motive is obvious enough. They WANT to buy your shares at lower prices.

Do you want to fall into their traps?? Panic sell and you will have big regret in 6 months.

Act wisely!!

Everyone expected the loss. Just like all the 3 other quarters losses in 2020. Despite the losses, AA share keeps going up. It may jitter a bit but it rebounds swiftly. People who buy AA know what's going on.

People who try to press down the share price also knows what's going on too. They WANT to buy AA shares.

So, how to drop??

https://www.malaymail.com/news/money/2021/03/29/malaysias-trade-surplus-soars-41.6pc-to-rm17.86b-in-february/1962004#.YGFuWPMmWW4.whatsapp

https://www.malaymail.com/news/money/2021/03/29/malaysias-trade-surplus-soars-41.6pc-to-rm17.86b-in-february/1962004#.YGFuWPMmWW4.whatsapp

https://m.economictimes.com/markets/stocks/news/dow-jones-opens-higher-on-recovery-hopes/amp_articleshow/81710023.cms

More confidence boost for everyone. Have a great weekend!

@1John125 I started acquiring pbb shares since last year. I was once having a paper loss of 6 digits! Yet, I did not give up buying on the dips. Now, they are all in green!! Don't worry about it. Buy whenever you have extra money :)

If one can't even have faith in pbb, better stay away from the stock market. That's how reliable and profitable pbb is!!!

Buy, keep, hold, enjoy!

Good news is coming for Airasia... Don't miss the boat!

(Bloomberg) --

Oil climbed after the release of better-than-expected European manufacturing figures, while the Suez canal remained blocked by a giant container ship.

Futures in New York were 2.5% higher. Efforts are continuing to refloat the ship that ran aground in the Suez Canal, its manager said. The vessel remains stuck, said an executive for port-agent services provider GAC, reversing an earlier statement that the container had been partially moved.

Crude was also buoyed by strong European economic data, with a record increase in factory output masking fresh concerns across the region about surging coronavirus infections.

Oil prices have sunk about 13% in less than two weeks amid softening physical demand and the unwinding of long positions. The prompt timespread for Brent has also flipped into a bearish structure for the first time since January. Crude’s recent plunge may put pressure on OPEC+ to do more to try and stem the slide, with the group meeting next week to decide on production policy for May.

“The impact on the oil market will be fleeting,” Kevin Solomon, analyst at brokerage StoneX Group, said of the Suez Canal blockage. “At $70 the futures market had risen too quickly, but with oil at $60 it is an opportunity to buy at much more attractive levels.”

The Suez Canal is frequently used by tankers transporting crude from the world’s top exporters in the Middle East to customers across Europe. The 400-meter (1,300-foot) long container-ship Ever Given’s hull became wedged lengthways across the canal on Tuesday, causing congestion.

See also: Suez Canal Blockage Set to Ripple Through Global Energy Market

Elsewhere, Germany canceled a planned five-day lockdown, potentially easing some concerns over demand. The overall picture in Europe remains bleak, however, with Polish cases hitting a record.

(Bloomberg) -- 24/3/2021

Oil climbed after the release of better-than-expected European manufacturing figures, while the Suez canal remained blocked by a giant container ship.

Futures in New York were 2.5% higher. Efforts are continuing to refloat the ship that ran aground in the Suez Canal, its manager said. The vessel remains stuck, said an executive for port-agent services provider GAC, reversing an earlier statement that the container had been partially moved.

Crude was also buoyed by strong European economic data, with a record increase in factory output masking fresh concerns across the region about surging coronavirus infections.

Oil prices have sunk about 13% in less than two weeks amid softening physical demand and the unwinding of long positions. The prompt timespread for Brent has also flipped into a bearish structure for the first time since January. Crude’s recent plunge may put pressure on OPEC+ to do more to try and stem the slide, with the group meeting next week to decide on production policy for May.

“The impact on the oil market will be fleeting,” Kevin Solomon, analyst at brokerage StoneX Group, said of the Suez Canal blockage. “At $70 the futures market had risen too quickly, but with oil at $60 it is an opportunity to buy at much more attractive levels.”

The Suez Canal is frequently used by tankers transporting crude from the world’s top exporters in the Middle East to customers across Europe. The 400-meter (1,300-foot) long container-ship Ever Given’s hull became wedged lengthways across the canal on Tuesday, causing congestion.

See also: Suez Canal Blockage Set to Ripple Through Global Energy Market

Elsewhere, Germany canceled a planned five-day lockdown, potentially easing some concerns over demand. The overall picture in Europe remains bleak, however, with Polish cases hitting a record.

Moody’s sees quicker business travel recovery in developing regions | Malay Mail https://www.malaymail.com/news/money/2021/03/24/moodys-sees-quicker-business-travel-recovery-in-developing-regions/1960647#.YFs6Gy4k1qE.whatsapp

https://abcnews.go.com/Health/wireStory/sinovac-vaccine-safe-children-young-76624380

It's more promising than ever!

https://abcnews.go.com/Health/wireStory/sinovac-vaccine-safe-children-young-76624380

Power engine UZMA is on.

https://themalaysianreserve.com/2020/10/13/report-airasia-gets-rm1b-loan-under-danajamin/#:~:text=AirAsia%20Group%20Bhd%20has%20secured,a%20report%20by%20Nikkei%20Asia.

DANAJAMIN terjamin @Maxsuper

Thank you @Sharefisher. That's why I always look up to you, such a moderate, sane, reasonable and intelligent man. My sifu.

Turning point seen for Malaysia stocks as foreigners pile in - The Edge Markets http://www.theedgemarkets.com/article/turning-point-seen-malaysia-stocks-foreigners-pile#.YFrC9bq03Aw.whatsapp

Statistics Dept: Malaysia’s near-term prospects upbeat as leading index rose 8.2pc in January | Malay Mail https://www.malaymail.com/news/money/2021/03/24/statistics-dept-malaysias-near-term-prospects-upbeat-as-leading-index-rose/1960545#.YFrCpQBWWc0.whatsapp

Statistics Dept: Malaysia’s near-term prospects upbeat as leading index rose 8.2pc in January | Malay Mail https://www.malaymail.com/news/money/2021/03/24/statistics-dept-malaysias-near-term-prospects-upbeat-as-leading-index-rose/1960545#.YFrCpQBWWc0.whatsapp

@Sharefisher What's your guess on the second dividend payout? 10sen?

Buy low low, collect many many, hold tight tight, sleep sound sound... SURE WAY TO GREAT WEALTH with PUBLIC BANK SHARE

Second dividend will be in September 2021.

My portfolio is 60% pbb 40% mbb. Pbb has more price appreciation than mbb over the same period of time. Mbb has slightly higher % dividend payout than pbb . Pbb has an average of 10% share price appreciation while mbb 5% per annum. (Please note that I bought pbb long before BI) .

Given the same allocation of fund, It is OBVIOUSLY more COST EFFECTIVE to buy pbb now (post BI at RM4+) than mbb (RM8+) . - - - - - - - - My conclusion is BUY PBB as your priority.

Yes, my div is credited!! Thanks @1invest1!!

I use PBB Sharelink. Div still not yet in the account. 4% return.

@DannyArcher If AA is such a lousy company as claimed by YOU, why are you wasting your precious time in this forum?? Haiyaa, must learn a better way to make up stories bro.

Please don't underestimate others' intelligence LOL.

@Sunshine123 Possible in my case too. My first time receiving pbb dividend since my first investment from last year.

Why so fast received? Why me not yet?

My div also not yet credited.

Hold tight tight, sleep tight tight too..

https://m.marketscreener.com/quote/stock/AIRASIA-GROUP-6497323/news/AirAsia-nbsp-Berhad-to-acquire-remaining-20-in-BigLife-from-Aimia-increasing-ownership-to-100-o-32752934/

@Sharefisher I always agree with you!! Buy when drops, keep long-term, enjoy the dividends and the share price appreciation. You are absolutely the go-to sifu in pbb share. Thank you.

@Mizi1. Not trying to be boastful here, but if pbb slows down in growth, all other banks will be even worse. You need to study the history of growth in all banks to find out.

And yes, pbb is a safe and superb investment for long term. This you are right!

@beaten3026 You are absolutely right with your description and information. That's why PBB forum is the most popular and talked about bank forum. Go to other bank forums and they are relatively d. e. a. d and quiet.

Hi all, lost touch for a while. May I know if the PP for the first tranche is done?? Thanks.

https://oilprice.com/Energy/Crude-Oil/Another-Investment-Bank-Is-Betting-On-100-Oil.html

Brent will reach usd100 by early 2022. Just bear that in mind.

Ignore him lah. He is nobody. He enjoys attention from us. He purposely makes appearances in Mbb and Pbb, everyday. So if any of us comments on him he very de happy, may get euphoria terus LOL.

-------Buy on dips, sell on surges.--------

That's the golden rule.

UNLESS you are a shortie Lol.

Buy when it drops, not sell. Sell when it surges, not buy.

Please Google how to invest in the stock market.

Re-invest with the dividend. $ breeds $. All the best to my fellow friends in pbb!!

https://www.theedgemarkets.com/article/macc-clears-airasia-sabah-development-bank-any-wrongdoing-over-expeditious-approval-rm300m#.YFG2skI-a2M.facebook

RM1. 50 by April.

Besides cash out, epf is doing re-investment too. Buy sell buy sell everywhere. Let them do what they want. We just relax.

Shorties, short gaw gaw so that I can top up please.. Short bellow RM1 please..

Epf sells down both rhb and pbb.. they need to cash out for the unconditional withdrawal.

Recovery in profit
By GURMEET KAUR
BANKING
Tuesday, 16 Mar 2021

“We are projecting a recovery in banks’ core net profit growth to 6% in 2021 versus an estimated 10.8% slide in 2020, which would be driven by two earnings catalysts, ” CGS-CIMB Research said in its latest report.

PETALING JAYA: After three consecutive quarters of aggressive provisioning by banks to beef up their buffer against potential bad loans following the Covid-19 pandemic, banks may not need to bulk up like before.

With a more favourable operating environment now, CGS-CIMB Research believes that banks are at a turning point for a loan loss provision (LLP) downcycle from the first quarter of 2021 (Q1’21), which in turn should improve their profitability.

“We are projecting a recovery in banks’ core net profit growth to 6% in 2021 versus an estimated 10.8% slide in 2020, which would be driven by two earnings catalysts, ” it said in its latest report.

The first catalyst is a turnaround in the growth of net interest income from a drop of 4.5% in 2020 to an expansion of 4.7% forecast in 2021 on the back of stable interest rates this year.

Second, is “a projected decline of 37.7% in LLP vis-à-vis a surge of 167.3% in 2020.


Banks’ LLP had surged to a high of RM4.54bil in Q420 causing net profit for that period to tumble by 33% year-on-year (y-o-y).

“We believe that banks’ LLP would have peaked in 4Q20 and are at an inflection point for an LLP downcycle in Q121, ” it added.

It notes that a positive take from the banks’ Q420 results was a return to y-o-y growth in net interest income, after declines in the previous two quarters.

This was in line with the research firm’s expectation, given the absence of an overnight policy rate (OPR) cut in Q420, leading to a 7 basis point quarter-on-quarter (q-o-q) expansion in net interest margin (NIM).

Not expecting an OPR cut in 2021, CGS-CIMB expects NIM to continue to improve q-o-q in Q121 and Q221.

In terms of banks’ return on equity (ROE), it had dipped to 6.5% in 4Q20, from 10.1% in 4Q19 and 7.7% in 3Q20.

This was due to a 33% y-o-y drop in Q420 net profit vis-à-vis the 4.5% y-o-y rise in shareholders’ funds at end-Dec 2020.

Notably, banks’ ROE has been suppressed at single-digit rates in the past four quarters since the start of the Covid-19 outbreak in early-2020.

On a more positive note, the two earnings catalysts should more than offset the three negative trends CGS-CIMb expects this year.

These are slower loan growth of 2-3% versus 3.4% in 2020; a projected 4.5% drop in non-interest income and a 9.5% increase in overheads in 2021 after coming in almost flattish last year.

The research firm reiterates its “overweight” call on the sector underpinned by the expected recovery in banks’ net profit growth. It’s top picks for the sector are Public Bank Bhd, Hong Leong Bank Bhd and RHB Bank Bhd.

It noted that none of the Malaysian banks have been able to rival Public Bank’s operational efficiency, as reflected by its consistently lowest cost-to-income ratio, which stood at 32.7% in 4Q20. This was significantly below the sector’s average of 44.4%.

PUBLIC BANK TOP 1.

@sinkalan2015 My family works with Airasia. You don't know much please don't mislead others. Buy now or regret in May.

Pbb gives at least 3% dividend and 5% share price appreciation annually. No fear no worries. Keep it long-term and you will see great wealth.

EPF still holds 14.82%.

Looks like it is an average of 0.05% down on every daily disposal.