Posted by anzo888 > 2019-08-13 12:45 | Report Abuse

great buying opportunity at this lvl. Public bank HK contribute only a small portion to its bottomline.

Current lvl has almost factored in the worst case scenarios. rm20 should hold this downtrend

only worries will be Wall Sreet performance n another rate cut by BNM which will affect banks bottomline

Posted by flexibt > 2019-08-13 14:59 | Report Abuse

Rebound

Posted by ttluck > 2019-08-13 15:13 | Report Abuse

look attarctive....

Posted by zhen wei & JP > 2019-08-13 21:37 | Report Abuse

Are we tomorrow ? slipped of some holdings opss

Posted by JN88 > 2019-08-13 22:19 | Report Abuse

Don't waste time......wait RM15-17....next interest rate reduce will reduce profit of bank...

Posted by JN88 > 2019-08-13 22:21 | Report Abuse

This bank like to taking loan for people more than 0.5 million...or 1 million.....and above....they need to pay back..

Posted by GreenTrade > 2019-08-14 00:02 | Report Abuse

https://klse.i3investor.com/blogs/greentrade/219337.jsp

Rebound will be imminent if Dow Jones closes up firmly tonight

Posted by AlfI3 > 2019-08-14 06:44 | Report Abuse

Dow ups firmly abt 1.5% , wat wud u anticipate now

Posted by Jeffreyteck > 2019-08-14 17:14 | Report Abuse

Can start thinking and imposing higher fees and charges? Already in close to oligopoly industry supported by the regulator.

Posted by RainT > 2019-08-14 17:36 | Report Abuse

result out

seem not bad

Posted by 4444 > 2019-08-14 20:46 | Report Abuse

Jackpot price RM 10.

Posted by freddiehero > 2019-08-14 20:52 | Report Abuse

hahaha...

Posted by freddiehero > 2019-08-14 20:53 | Report Abuse

i wish i wil kenak jackpot too

Posted by KK93 > 2019-08-14 23:07 |

Post removed.Why?

Posted by RedEagle > 2019-08-15 00:36 | Report Abuse

Critically, as Jim Grant noted recently, the spread between the 10-year and three-month yields is an important indicator, James Bianco, president and eponym of Bianco Research LLC notes today. On six occasions over the past 50 years when the three-month yield exceeded that of the 10-year, economic recession invariably followed, commencing an average of 311 days after the initial signal.

Finally, Joseph Carson, former Director of Global Economic Research, Alliance Bernstein, notes that recessions are far from being alike and their symptoms and causes differ over time. Despite its many shapes and sizes the historical regularity that an inverted Treasury yield curve has coincided with recession has raised concern now that yields on longer-dated Treasuries have fallen been below shorter-term yields for several months running.

The power of the term spread to predict or anticipate economic recessions needs to be respected, but there are several new domestic and global factors that are present today, suggesting that the signaling effect from changes in the Treasury yield curve directly to the economy's future performance might not be as robust as it was past periods.

First, this is the first economic cycle that involved a bond-buying program by the Federal Reserve. The quantitative bond-buying program produced a technical anchoring effect at the long-end of the bond market that was not present in prior cycles. While this program did not cause a yield curve inversion by itself it did result in a flatter yield curve than what otherwise would have been the case, and as a result, it would not take much force from other factors to trigger an inversion in the term spread of yields.

Second, given the increased globalization of the financial markets the appeal and demand of long-dated US Treasury securities is often based on the yields available in other major economies. Long bond yields in a number of major economies (such Germany, Japan and France) are negative and many others (including the UK, Spain and Australia) are below 1% and that has led to an increase in global demand for long-dated US Treasury securities since yields in the US are in some cases 100 to 200 basis points over the yields of comparable maturities in other economies. That increased global demand for US securities is a new technical factor and unrelated to the performance of the US economy.

Third, this is the first time the inversion of the Treasury curve occurred with nominal yields at the short and long end that were well below the growth in nominal income and GDP (or the economy's yield curve). Why is that important? There is a direct negative consequence to the economy's performance when the cost of borrowing exceeds the growth in nominal income. At that point, the cost of new borrowing starts to become too costly, leading to a slowdown or a decline in credit use, and a weaker economy.

Although it is often overlooked, all of the Treasury yield curve inversions that have preceded recessions have coincided with an inversion in the economy's yield curve, or when short and long-term nominal rates were above the growth in nominal income and GDP. The fact that the Treasury yield curve has inverted at relatively low nominal yields, suggests that the interest rate channel is not producing the restrictive influences on the economy as it did during prior inversions and instead is actually providing a cushion (or stimulus) to the economy. Policymakers should take note of this unusual occurrence and not rush to ease policy further, saving its interest rate powder for another time.

If the Treasury curve inversion is not producing a restrictive influence on the economy as it did in the past can the US still experience a recession? Yes, but it would come from different channels.

The biggest recession risk today centers around the trade dispute between the US and China. Trade disputes have the potential to be very disruptive and contractionary and can operate through a number of channels, such as trade volumes and production, currencies and prices and asset markets.

Of all of these channels, the biggest vulnerability for the US is the equity channel since the market value of equities relative to income and GDP is at record highs, providing consumers with vast sums of liquidity and wealth. If the imposition of new tariffs and the uncertainty over what may follow triggers a de-risking and rush to exit, sparking a sustained 25% to 30% correction in the equity market that by itself could trigger a recession as it would deal a substantial blow to consumer liquidity and wealth, and an abrupt and sharp decline in spending and confidence.

That is not a forecast or a prediction but merely an observation that all recessions have been caused by some form of a demand shock, and the inverted yield curve merely highlighted the vulnerability of the economy to a potential bad outcome.

Posted by mf > 2019-08-15 06:38 |

Post removed.Why?

Posted by sheldon > 2019-08-15 08:55 | Report Abuse

Im sure PBB will trade below 20 today

Posted by anzo888 > 2019-08-15 15:41 | Report Abuse

just when you tot pbb will go below 20, mr market proves otherwise.
pbb still holding well above 20 though djia was down 800 pts
a very clear signal pbb has seen its bottom?
unless wall street keeps plunging, i got a feeling 20.36 will be history

Posted by jenngu > 2019-08-15 18:36 | Report Abuse

Dividend RM 0.33 , https://klse.i3investor.com/servlets/stk/annent/1295.jsp

Posted by patient_invest > 2019-08-15 20:23 | Report Abuse

PBB bank has very poor dividend yield, people are buying for capital gain?

Posted by AlfI3 > 2019-08-15 23:14 | Report Abuse

Div yeild was good formerly but not so attractive nowadays. Nvrtheless, it Still better than Maybank

Posted by patient_invest > 2019-08-16 07:40 | Report Abuse

Alf why is PBB better than Maybank?

Posted by Michael Yeo > 2019-08-17 17:24 | Report Abuse

Bcos one twenty plus and the other is eight plus

Posted by masterus > 2019-08-19 08:45 | Report Abuse

Worried Hong Kong Residents Are Moving Money Out as Protests Escalate
The local currency has weakened rapidly since early July, a move analysts attribute partly to outflow.

Money is leaking out of Hong Kong as months of protests raise concerns about the city’s future.

The local currency has weakened rapidly since early July, a move analysts attribute partly to outflows. Some businesses say they are seeing money move abroad, and several individuals who spoke to The Wall Street Journal said they have either swapped money into other currencies or are considering doing so.

Posted by masterus > 2019-08-19 08:46 | Report Abuse

Sarah Fairhurst, a 52-year-old partner at the Lantau Group, an economic consulting firm, said she transferred 200,000 Hong Kong dollars (about $25,500) into British pounds last week because of concerns about the protests.

Posted by masterus > 2019-08-19 15:27 | Report Abuse

Hong Kong’s citizens have begun waving American flags and singing the U.S. National Anthem amid ongoing protests against China’s control.

Videos on social media show Hong Kong citizens holding American flags and singing the anthem through bullhorns in what appears to be a show of solidarity and demonstration for their freedom.

https://americanmilitarynews.com/2019/08/video-hong-kong-protesters-sing-us-anthem-with-us-flags-against-chinese-tyranny-during-airport-occupation/

Posted by AlfI3 > 2019-08-20 17:33 | Report Abuse

Ya, this rnd is aim for cap gain instead of div yield

Posted by BetorInvest > 2019-08-23 23:03 | Report Abuse

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 991,400 shares on 20-Aug-2019.

What is epf doing?

Posted by pbenterprisesucks > 2019-08-24 16:19 | Report Abuse

Profit taking

Posted by William Ng > 2019-08-28 08:56 | Report Abuse

I also wonder why pbb better then mbb...

Posted by PotentialGhost > 2019-08-28 09:27 | Report Abuse

that why we like PH gov , because make a lot of stock become super cheap and new low. Heh heh

Posted by Darren95 > 2019-08-28 10:24 | Report Abuse

what happen opening drop so much?

Posted by mkket > 2019-08-28 15:08 | Report Abuse

i thought dragged by american share market and dividend ex-date affect...

Posted by Mk Chong > 2019-08-28 22:25 | Report Abuse

bearish trend, so good, people buy more, then drop more

Posted by Jeffreyteck > 2019-09-01 09:07 | Report Abuse

Getting confused nowadays with banking services and the consumers rights.
(1) Not allowed to go vto counters for most of the general transactions or impose charges for each transactions.
(2) discriminate the poor from the rich as higher deposit rate normally offers for above certain amount of deposit, regulator well aware of rising income discrepancy but allowed this to happened.
(3). forgot pin number of cards $12 will be imposed by certain bank as it wants you to replace a new card instead of reset your pin number,.
(4) cheque deposit machine failure and go to deposit cheque at counter will be charged $2.
(5) must have a savings account for FD withdrawal as money will be credited to your savings first then you withdraw from ATM ........ Assuming a poor people with $500 in FD receiving interest less than 3% but have to pay $12 for opening a savings account with ATM card..... Basically earned nothing from his or her FD. If account becomes dormant, $12 will be charged annually.

After merger under the so call financial sector master plan, limited market players can just do most of the things they want with minimum supervision and checking, all cost bears by consumers. Less people share the entire banking industry profit causing rising income discrepancy. Few years back highlighted in news that banks will be rated, till now, no new is good news, but is good for banks instead of consumers.

Posted by calvintaneng > 2019-09-01 15:43 |

Post removed.Why?

Posted by masterus > 2019-09-03 13:06 | Report Abuse

Hong Kong’s government has not ruled out calling a state of emergency across the territory, its deputy leader signalled on Monday, as China’s state news agency warned that “the end is coming” for the increasingly violent protesters it said were trying to disrupt the city.

The announcements came as tens of thousands of high school and university students boycotted class on Monday and riot police patrolled subway stations following a weekend of some of the most intense clashes yet between protesters and security forces in Hong Kong’s nearly three-month-old political crisis. 

The government could invoke the territory’s Emergency Regulations Ordinance, a colonial-era law that gives the government sweeping powers and would allow easier arrests, detentions, deportations and internet censorship.

Posted by masterus > 2019-09-03 13:08 | Report Abuse

British PM Boris Johnson threatens election if MPs block no-deal Brexit

Posted by PotentialGhost > 2019-09-03 17:28 | Report Abuse

Kekeke ,see you guy still want vote pH gov or not , kekeke Nia ma worst than najib gov . Bursa Malaysia drop every day , kekekek , Kasi lu mati!!

Posted by William Ng > 2019-09-03 18:34 | Report Abuse

Bursa drop is because of TRUMP..

Posted by RainT > 2019-09-06 16:37 | Report Abuse

the biggest ever mistake that Americans have made was to elect Donald Duck as US president

Posted by onlyhuat > 2019-09-10 15:32 | Report Abuse

teh have uptrend...loss teh pbbank loss stream...

Posted by Vin Cullen > 2019-09-13 13:24 | Report Abuse

Dont forget..Dowjone hit the highest in the history .. :D If last time Ah Jib push index to 2000 .. We also will vote him..hahaha

Posted by YouBuyIBuy > 2019-09-14 12:56 | Report Abuse

Mahai all the bank finding suggest target RM24+- ,then now drop to rm20, all those reviews cheat 1?

Posted by William Ng > 2019-09-16 14:57 | Report Abuse

1 year later maybe rm24

Posted by pbenterprisesucks > 2019-09-16 20:42 | Report Abuse

Spend RM400mil and yet their PB Enterprise system really sucks. Sure share price drop.

Posted by freddiehero > 2019-09-16 21:12 | Report Abuse

new boss.. new management

Posted by freddiehero > 2019-09-16 21:14 | Report Abuse

view back chart ex-pm when become a pm year..

Posted by freddiehero > 2019-09-16 21:14 | Report Abuse

he was real graduate from university

Posted by freddiehero > 2019-09-16 21:15 | Report Abuse

not sijil palsu