I bought PBA at 1.00 months ago, and will going to sell it at 1.20 next week. I will wait till trump screw up the market, then i will buy back at bargain price again,
Actually if Pba is a separate listed and privatised utility like Ytl power the share will perform very very well. Why?
Ytl power gives great dividends because Ytl people have an interest in it as they are the rightful owners. On the other hand, Lim Guan Eng does not own Pba shares but draw a salary as a chairman. So there is no vested interest.
The price rise of ytl power will benefit ytl bosses directly whereas whether Pba price rise or fall is of little impact to him.
How can Pba share price rise?
1) Increase water tariff to match prices like those of Selangor and Johor. Profits will increase manifold.
2) Stop giving and using free water to win votes. If Penang wants to help the poor they should be like give it out from Govt coffers.
3) Govt coffers? So Penang should revert to using national cars rather than expensive imports. This will save lots of foreign exchange.
4) And with higher income pay a higher dividend to Pba shareholders.
5) If Penang Govt handles these fairly and with transparency Pba shares will guarantee to go up for all who invest in this monopolistic utility company.
Posted by PlsGiveBonus > Sep 17, 2016 12:47 AM | Report Abuse
EPF is my friend It yield guaranteed 6% I don't need anything else
Calvin thinks if you can get anything between 4% to 4.5% from EPF for next payout you should be very lucky indeed.
Epf profits drop between 26% to 36% from quarter to quarter.
SEE:
The Star May 24, 2016 - EPF's investment income falls 36% in Q1, braces for tough year ... quarter, the drop in share prices globally and domestically has led to fewer ... EPF reports 26% drop in Q2 investment income - Business News | The ... www.thestar.com.my › Business › Business News
The Star
7 days ago - Shahril: We have seen and expect a further slowdown in global economies and increased volatility in equities.
Like us Epf also invest in a wide spectrum of shares, bonds & fixed instruments. So with the current downturn EPF too, will be affected.
It should be around 6% this year still better than Ytl dividend And the lowest payout is during the major market crash which isn't happens for many years to come. Stop making joke of yourself :(
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
buddyinvest
719 posts
Posted by buddyinvest > 2016-09-16 14:31 | Report Abuse
mentality of a below-average investor.