https://www.chinapress.com.my/20241102/%E8%88%AA%E5%A7%94%E4%BC%9A%E4%BA%AE%E7%BB%BF%E7%81%AF-%E5%A4%A7%E9%A9%AC%E6%9C%BA%E5%9C%BA%E7%A7%81%E6%9C%89%E5%8C%96%E8%BF%91%E8%90%BD%E5%AE%9E/

Mavcom already approve the privatisation of airport on 30 October 2024. The entire privatisation process will be completed before end of December 2024.

Based on today price (RM10.46), I don’t think any shareholder will reject the offer price of RM11 for privatisation of airport. Nobody will crazy enough to reject free money right? (Thats an Instant and Secure Profit of 5%).

This deal is a sure win deal for minor shareholders like us.

Thanks Anwar & Anthony Loke!

Feel like got people trying to push down the share so that more shareholder will agree with RM11 offer price.

What do you think?

Today, I’d like to take some time to talk about Public Bank. I believe everyone is aware of the significant drop in its stock price on Friday.

I looked into it further, and the main reason was the Cheng family's announcement on Thursday that they would reduce their shareholding to 10% to comply with financial and service regulations (individuals cannot hold more than 10% of financial stocks). This immediately made investors think that about 13.4% of the shares would flood the market. Fear and emotion took over, and in just a few hours (including sleeping time), rational thinking and research were nearly impossible. The next day, investors rushed to sell, and seeing such a steep decline, even those who were initially hesitant joined in. As a result, Public Bank's stock plummeted by 5.7% on Friday, which is double the decline during the small stock market crash at the beginning of August (which saw a drop of only 3.5%).

However, most people overlooked that this reduction plan is to be carried out in phases over five years, meaning they won’t suddenly flood the market with 13.4% of the shares. Additionally, besides selling on the open market, the Cheng family will privately sell to qualified major shareholders, company executives, and employees. They could even sell to KWSP, ASNB, Khazanah, or various invisible wealthy individuals. They might also consider using shares as dividends, distributing part of the dividends in stock instead of cash (which means no new shares are printed, so the earnings per share won't be diluted). The actual shares sold in the market might be less than half, amounting to only 15-20 million shares per month. Given Public Bank's average monthly trading volume of 310 million shares over the past five years, this selling volume is negligible and won’t pressure the market.

After these two days of cooling off, I believe most investors will gradually regain their rationality and begin to see opportunities in this crisis. After all, compared to the significant rises in Maybank, CIMB, Hong Leong Bank, RHB Bank, and AmBank, Public Bank's current stock price is severely undervalued. I expect a substantial rebound in Public Bank’s stock on Monday.

Welcome to discuss😊

(I use chatgpt to translate for you)

今天趁得空想聊聊大众银行，相信大家都知道大众银行在星期五股价大跌的消息。

我有去深入了解了一下，主要原因是因为郑氏家族星期四时表态会减持股权至10%，以遵守金融与服务法令（个人持有金融股不能超过10%）。股民们瞬间就想到有大约 13.4% 的股票会被抛向市场，恐惧加上情绪化，在短短十多个小时内（包括睡觉时间）根本无法理性思考和研究，第二天开市就着急卖了，一看到跌那么多，一些本来观望的人也着急一起跟着卖了，从而造成大众银行股价在星期五那天大跌 5.7%，这个跌幅比八月头的小型股灾跌多了一倍（八月头小型股灾那天才跌了 3.5%)。

可是大多数人都忽略了其实这项减持计划是用五年的时间分阶段进行，不是说突然间就把那 13.4% 的股票丢去市场。再加上除了在公开市场卖，郑家还会私底下卖给符合资格的大股东，公司高管和公司员工，甚至可以私底下卖给 kwsp/ asnb / khazanah 或多位隐形富豪，甚至可以以股代息，每年用股票来替代成部分股息分给各位股东（没有多印股票，所以这样做每股净利也没有被稀薄）。真正卖到市场上的票可能不到一半，算下来每个月也只会卖 1500-2000 万股，根据大众银行过去五年每月平均交易量 3 亿 1000 万股，这每月 1500-2000 万股的抛售额根本就不值一提，不会对市场构成压力。

经过了这两天的冷静期，相信大部分股民都会慢慢恢复理智，逐渐看到这场危机中的机会，毕竟比起已经起了那么多的 maybank / cimb / hong leong bank / rhb bank / ambank，大众银行目前的股价可以说是已经严重低估了，星期一大众银行的股票应该会来个大反弹了。

欢迎大家理性讨论😊