Posted by Brutus > 2022-12-12 17:59 | Report Abuse

Deepest condolences to our beloved PBB Founder. To make this day memorable, I have added more position in PBB.

Posted by Believe3222 > 2022-12-12 18:00 | Report Abuse

Only joker will think limit down. Tan Sri Teh early early also planned today demise. All business as solid as rock.

Posted by Believe3222 > 2022-12-12 18:00 | Report Abuse

Only joker will think limit down. Tan Sri Teh early early also planned today demise. All business as solid as rock.

Posted by 1invest1 > 2022-12-12 19:16 | Report Abuse

https://www.thestar.com.my/business/business-news/2022/12/12/passing-of-public-bank-founder-leaves-huge-void-in-banking-sector-the-country-pm

Public Bank Bhd is
2nd biggest, highest & largest mkt cap in Bursa.
PBB mkt cap is abt RM$85.5 Billion today.

PBB will proceed, progress & propel forward.

Buy on weakness, sell on strength.
Added PBB shares.
PBB is a perennial stronghold.

Posted by AhKeat2018 > 2022-12-12 19:34 | Report Abuse

Bring back the glory of RM22 per share.. before the stock split…

Posted by birkincollector > 2022-12-12 19:51 | Report Abuse

bullet prepared in case people throw ;-)

Posted by SmallSexyPig > 2022-12-12 20:46 | Report Abuse

short term drop, no affect in long term

Posted by SmallSexyPig > 2022-12-12 20:46 | Report Abuse

any drop is a benefit to me who will buy. thank you.

Posted by 1invest1 > 2022-12-12 23:02 | Report Abuse

Buy on drop, hold, sell on rise. Profit.

Posted by RWG > 2022-12-12 23:50 | Report Abuse

limit down tomorow

Posted by Michael Kwok > 2022-12-13 00:04 | Report Abuse

10 percent at least.old man gone,days not like yester year.

Posted by Hockhwapbb > 2022-12-13 05:17 | Report Abuse

May he Rest In Peace thank God he’s laid the great foundation for the future generations

Posted by LeonardLiong > 2022-12-13 09:24 | Report Abuse

RIP, founder of Public Bank.

Posted by jeffchan1901 > 2022-12-13 09:24 | Report Abuse

I think today limit up. old man stingy keeping dividend. maybe new replacement will give more dividend :-)

Posted by jeffchan1901 > 2022-12-13 09:25 | Report Abuse

oh btw RIP

Posted by xiiaodi > 2022-12-13 09:30 | Report Abuse

Public Bank Bhd founder and chairman emeritus Tan Sri Dr Teh Hong Piow passed away on Monday (Dec 12) morning at the age of 92.

Posted by xiiaodi > 2022-12-13 09:31 | Report Abuse

Teh held a 21.64% stake in Public Bank through his private investment vehicle Consolidated Teh Holdings Sdn Bhd, and also directly held a 0.64% stake of the bank.

Posted by xiiaodi > 2022-12-13 09:32 | Report Abuse

Teh founded Public Bank in 1965 at the age of 35 and became one of Malaysia's wealthiest men with the bank becoming the country's third largest banking group by assets.

Posted by xiiaodi > 2022-12-13 09:34 | Report Abuse

Teh was also the founder and chairman of insurance company LPI Capital Bhd.

Posted by icedvestor > 2022-12-13 10:06 | Report Abuse

'''I think today limit up. old man stingy keeping dividend. maybe new replacement will give more dividend :-)'''

Maybe.

But it also maybe THP knew his time is up so he still generous in giving dividend in the past years since money can't be brought to the next world (although still not at market expectations).

New replacement still have a long road to go so could be less generous and dividend could remain stagnant. Hope I'm wrong.

Posted by apprentice > 2022-12-13 11:04 | Report Abuse

What new replacement? THP has no position in the running of PBB, only that he held 21.64% of PBB.

The question now is how will his stake in PBB be divided/broken up since the law allows only 5% shareholding by an individual.

His holding of 21% was based on the 'grandfather' law allowing him to keep his shares but not allowed to accumulate anymore.

Posted by 1invest1 > 2022-12-13 11:17 | Report Abuse

Yes THP knew his time has come.
He wants to give us 1 more div 1 last time
This shows this man has a Good Heart.
We will really miss him as he grew PBB.
Hope his protégé can carry on his legacy
PBB bef bonus 4:1 was abt $20.
after bonus 4 now 4.40 rise to 10 - 12 2030

Posted by cooledhawk123654 > 2022-12-13 14:36 | Report Abuse

which party is likely to buy over his pbb stakes?

Posted by 1invest1 > 2022-12-13 15:13 | Report Abuse

His children can inherit all of THP's shares.
They can let the mgmt cont running PBB.
This way, no change, children own it.

Posted by cooledhawk123654 > 2022-12-13 15:54 | Report Abuse

but so far didnt hear any of his childrens is taking over. Likely mbb or cimb is taking over?

Posted by OldWiseMan100 > 2022-12-13 17:08 | Report Abuse

this is a bank leh, under BNM. if am not mistaken, his children are singaporeans... THP last time also Singaporean. where can simply give ceo to anyone, need approval one. as long as management the same, should be fine. it is the culture, like apple, steve jobs gone, apple still ok.

Posted by 1invest1 > 2022-12-13 22:42 | Report Abuse

Children not interested in running PBB.
Inherit shares, let TAL & mgmt cont run.
Simple, no need take over when mgmt great.

Posted by 1invest1 > 2022-12-14 13:55 | Report Abuse

https://www.theedgemarkets.com/article/public-bank-%E2%80%94-stock-turned-many-millionaires

Posted by 1invest1 > 2022-12-14 13:58 | Report Abuse

Public Bank — the stock that made many millionaires

Just from the year 2000 —
when Public Bank was trading at an adjusted price of 72 sen —
the stock has climbed
510%,
representing a compound annual growth rate of an impressive
8.56%
in the last 22 years.

An investor who bought into the company at the time and followed through with just one rights issue in 2014 would have enjoyed capital gains of a whopping

2,998%,

even without reinvesting the healthy dividends obtained into the company.

Public Bank's ability in rewarding its loyal shareholders beats that of many other companies on Bursa Malaysia. Will there be more companies listed on the local bourse that will be able to provide similarly handsome returns to shareholders in the future?

Posted by 1invest1 > 2022-12-14 14:05 | Report Abuse

Congratulations to all PBB shareholders who are entitled to 4c div.
Ex-date today, Dec 14.
Next div for 4QR next yr approx March.

Posted by 1invest1 > 2022-12-14 14:35 | Report Abuse

CGS-CIMB Research has an
“add” call on Public Bank.

“We maintain our earnings per share forecasts for financial years of 2022 to 2024 and dividend discount model-based target price of
RM5.20 for Public Bank,” it said.

The research house noted that Public Bank has one of the
lowest credit costs among its peers.
It also said that Public Bank may see a potential write-back in management overlay.

Fund manager Danny Wong told StarBiz that Public Bank’s fundamentals remain
stable, going forward.

Wong, who is the CEO of Areca Capital, said that Teh has left
a credible line-up of top management to steer the banking group even without his presence.

“Public Bank is a very retail bank and
it has a loyal customer base.
This would provide support to its business ahead,” he said.

Posted by 1invest1 > 2022-12-14 14:52 | Report Abuse

CGS-CIMB said the late Teh was the largest shareholder of Public Bank with a 23.41% stake (or 4.54 billion shares) as at March 14, 2022.

“Based on the closing price of RM4.40 for PBB on Dec 12, Teh’s stake carries a total value of RM20 billion.

According to Section 92 of Financial Services Act, individuals are prohibited from owning more than 10% stake in a financial institution unless they already held the stake before June 30, 2013.

THP has one son and 3 daughters.

Furthermore, their inheritance can be in the form of a trust that is structured to abide by the relevant laws; SEC, MoF & BNM.

Posted by Sangranghaeyo > 2022-12-14 17:24 | Report Abuse

Public bank is good at efficiency and customer service. One of preferred bank account opening

Posted by calvintaneng > 2022-12-15 14:09 |

Post removed.Why?

Posted by 1invest1 > 2022-12-15 14:55 | Report Abuse

Attention calvintaneng,
PBB great, become no. 2 mkt cap in Bursa
Go BUY and PROMOTE PBB.

Posted by calvintaneng > 2022-12-16 08:34 |

Post removed.Why?

Posted by calvintaneng > 2022-12-16 08:35 |

Post removed.Why?

Posted by stormraider888 > 2022-12-16 09:37 | Report Abuse

Will the largest shareholding change hands to a more dynamic shareholder?

Posted by 1invest1 > 2022-12-16 12:24 | Report Abuse

Likely children inherit shares, no change.
PBB can't be a trading punting share.
Geat bank's price can't be volatile up down.
It can be more aggressive in other ways.

Posted by 1invest1 > 2022-12-21 12:55 | Report Abuse

PM: 2022 growth likely to beat earlier forecast of 6.5% to 7%
Wednesday, 21 Dec 2022

https://www.thestar.com.my/business/business-news/2022/12/21/pm-2022-growth-likely-to-beat-earlier-forecast-of-65-to-7#cxrecs_s

Posted by 1invest1 > 2022-12-21 23:22 | Report Abuse

This week's TheEdge business magazine provides several stories and articles about PBB & THP.
PBB shareholders and those interested in investing in PBB shares can gain some valuable insights from reading these articles.

Posted by 1invest1 > 2022-12-21 23:30 | Report Abuse

PBB shares are a definite buy for a
strong,
stable,
safe,
slowly growing and
sure win capital appreciation stk with
sound dividends.

Cap appreciation & solid div combination

Hard, tough stk result to beat long term

Posted by Hockhwapbb > 2022-12-23 13:10 | Report Abuse

Thank you 1invest1 for your continued efforts in the background of pbb. A deep gratitude to Pbb staff and community and a Merry merry Christmas and a great New Year in 2023

Posted by 1invest1 > 2022-12-23 18:07 | Report Abuse

Merry Christmas to Hockhwapbb
& all PBB shareholders.

Posted by 1invest1 > 2022-12-23 18:54 | Report Abuse

PBB 4c div has been credited already.
Good Christmas & New Year treat.

Posted by tehka > 2022-12-24 07:58 | Report Abuse

I like pbbank, very stable and consistent. No need analyze here, analyze there, just buy and hold forever. Very good!

Posted by Sallay > 2022-12-24 17:33 | Report Abuse

Arnt pbb payable div was 23 dec, how come i didnt c any in my acc

Posted by MYLau21 > 2022-12-26 11:53 | Report Abuse

Yes tehka. I 100% agree with u. Stable and consistent.

Posted by rahulsk1947 > 2022-12-27 16:41 | Report Abuse

y did public bank crash -0.14 today?

Posted by SHQuah > 2022-12-27 17:39 | Report Abuse

Recession. Banks stocks mostly down.