Posted by sell > 2019-10-09 15:25 | Report Abuse

Cash is king. Wait at RM 17.

Posted by RainT > 2019-10-09 15:30 | Report Abuse

TP RM10

haha

Posted by Fabien "The Efficient Capital Allocater" > 2019-10-09 17:11 | Report Abuse

1 year low

P/BV 1.9x

Posted by tkl88 > 2019-10-10 10:54 | Report Abuse

Mega project boost for budget Thursday, 10 Oct 2019
https://www.thestar.com.my/business/business-news/2019/10/10/mega-project-boost-for-budget

Good news for KLSE and Malaysia's economy with budget 2020...
Like that our KLSE will spike up to break above 1,800 points ~ 2,000 points after budget i.e year 2000

Posted by Jeffreyteck > 2019-10-10 12:25 | Report Abuse

Everyone ask for more $:
B40
M40
Companies, even profit making like top glove also want more incentives.
Of course, all workers, regardless of highly paid or those being exploited. And the greedy management and bod where remuneration does not link to bottom line.
MT est, MYR to become 4.80 so that exports remain competitive in terms of pricing; cost of living continue upwards trend as imports become more costly due to weak MYR. Income discrepancies continue to widen as policy makers only formulate generic statement but blur in action plan. Even among government servants and statutory bodies staff, income discrepancies is high. Full disclosure is necessary to build in public scrutiny for a fairer system.

In short, save and invest within own risk appetite as don't expect much from anyone. Good luck.

Posted by smissions2 > 2019-10-10 16:22 | Report Abuse

http://www.financetwitter.com/2009/10/hong-leong-to-acquire-public-bank.html

This was written in 2009 after the crash :) he basically said PBB was overvalued at below Rm10 :)

Posted by JaBerry > 2019-10-10 18:44 | Report Abuse

True. I bought at that time 8.90. Now never can dream below 10.

Posted by RainT > 2019-10-11 13:04 | Report Abuse

good sharing

thanks smission2

Posted by Chanzeryl > 2019-10-11 15:18 | Report Abuse

EPF gives up supporting and starts selling. Not a good sign.

Posted by RainT > 2019-10-12 10:20 | Report Abuse

It is very confusing if you invest based on EPF buy sell patterns

EPF hire many investment bankers to do shares transactions & manage for them

so 1 broker house buy, another might sell

some good companies, EPF might sell, some worse EPF will buy to support

so EPF trend only can refer only, cannot be use for main investing decision

Posted by fosther > 2019-10-13 12:07 | Report Abuse

RM1b in customised packaged incentives to woo Fortune 500 and unicorn firms
KUALA LUMPUR (Oct 11): The Government is making available RM1 billion in customised packaged incentives to attract investment from Fortune 500 and global unicorn companies in high technologies, manufacturing, creative and new economic sectors.
Tabling Budget 2020 in Parliament today, Finance Minister Lim Guan Eng said the RM1 billion incentive will be made available annually over five years.
In order to qualify these companies must invest at least RM5 billion each in Malaysia that will generate additional economic activities to support Malaysian small to medium enterprises, creating 150,000 high quality jobs over the next five years and strengthen Malaysia’s manufacturing and service ecosystems.
In addition, the Government will also offer Malaysian companies some RM1 billion in customised investment incentives annually over the next five years.
According to Lim, this is done to turn Malaysia’s “best and most promising businesses into the most competitive enterprises in global export markets”.
The incentives are strictly conditional on recipient companies proving that they are able to grow and export their products and services globally.
Lim added that this measure is expected to significantly strengthen Malaysia’s local supply chain ecosystem and lead to the creation of some 100,000 high-quality jobs for Malaysians over the next five years.

Posted by wkl318 > 2019-10-13 12:55 | Report Abuse

RainT is right. We should stop the futile "epf is buying or epf is selling". Just look at the TP provided by macquarie grp, hlg, affinhwang, aminvest and kenanga. They range from rm19.90 to rm25.20, a difference of 26%. Isn't this huge difference in TP baffling? So we should put "epf is buying/selling and TP of 19.90 and TP of 25.20" in the same category. If these folks have such diverse or poles apart opinions what would you expect from simple folks like most of us? To have an edge in trading, we need to be discerning in information we see. For example, look at what StockStalker said about valuation of sgx banking stocks across the causeway. Pbb is a stock with a high percentage of foreign shareholders and obviously they compare pbb with their country's banking stocks. If you look at sgx bank stocks you will note pbb has fallen in tandem with sgx bank stocks. SGX bank stocks fall as folks see cloudy days ahead for the world economy. WarChest warned of pbb's three quarters of earnings contraction. What would the results for the next qtr be like for pbb? November there will be earnings reports for banks in the sgx and by comparison for pbb?StockStalker said a reasonable price for pbb is rm14. Perhaps he had based this on the dividend yields of sgx banks. This implies that based on the dividends paid by pbb, that the current price of pbb is unreasonably high relative to sgx banks like dbs, ocbc and uob. Months ago someone wrote that he was happy to buy pbb at his dream price of rm23. I wrote that that may be his dream price but there were also those who had bought earlier at their dream price of rm25. I was merely hoping that folks don't buy based on dreams as dreams can turn into nightmares. Buy based on business sense as Warren Buffet had advised as that is the right approach, not on dreams.

Posted by fosther > 2019-10-13 13:03 | Report Abuse

SC lauds measures to catalyse transition into digital economy
KUALA LUMPUR (Oct 11): The Securities Commission (SC) has lauded the measures outlined by the Government in the 2020 Budget to catalyse the country's transition into higher value-added activities and accelerate the digital economy, while making sure that no Malaysians are left behind.
It said a host of measures introduced would further develop the country's financing ecosystem to better serve the broader economy.
“These include allocations to further enhance innovative market-based financing as viable financing options for our MSMEs, the comprehensive efforts to enhance Malaysia’s position as a leading Islamic finance player, and the further refinement of the Private Retirement Scheme,” the SC said in a statement today.
The SC said it would work closely with the Finance Ministry and all relevant parties to ensure that the Malaysian capital market is well-placed to facilitate the achievement of intended outcomes, especially in the efficient provision of financing and capital needed for the economy.

Posted by Plantermen > 2019-10-14 08:34 | Report Abuse

Nothing to look at banking sector (budget 2020)

Posted by jiunn > 2019-10-14 10:33 | Report Abuse

***WHY MUST BUY PBBANK NOW!!!






FBMKL INDEX to challenge now critical 200-day SMA situated at 1,646 by year end, another 100 points to recover. BULLISH ON PBBANK!!!!! Huat Huat AAAARRRRRRRRRR

Posted by fmbklci > 2019-10-14 14:52 | Report Abuse

Just bought 5000 pbbank. first time buy into this pbb. good luck everyone. huat ahhhhh

Posted by Plantermen > 2019-10-14 15:15 | Report Abuse

PBB not for retail. Dividend wise better opt for RHB or Cimb as an alternatives (current price level) just my personal view

Posted by fmbklci > 2019-10-14 16:37 | Report Abuse

i did bought some cimb as well. hold until it reach rm6. pbb reach rm24

Posted by RainT > 2019-10-15 14:24 | Report Abuse

i plan to hold PBBANK long term , until year 2050 maybe

not sure how much share price that time

Posted by RainT > 2019-10-15 14:25 | Report Abuse

@fbmklci

why not buy also MAYBANK, its dividend yield is not bad

share price also near 1 year low now

Posted by jiunn > 2019-10-15 15:40 | Report Abuse

*** MELETOP ....MELETOP....MELETOP

Posted by masterus > 2019-10-16 09:45 | Report Abuse

Psiptek 7145

Posted by fmbklci > 2019-10-17 11:40 | Report Abuse

@raint

I choose cimb because it dropped to few years low at rm5. buy some to keep. looking at mbb as well.

Posted by johntan788 > 2019-10-17 13:39 | Report Abuse

Monday Tuesday to Friday the price never change

Posted by fong7 > 2019-10-17 22:11 | Report Abuse

what is the yield of pbbank for current price? above 4% yet?

Posted by fong7 > 2019-10-17 22:11 | Report Abuse

maybank's yield easily above 5%....

Posted by factslim1 > 2019-10-18 16:43 | Report Abuse

Of the 22 analysts covering the bank, four have buy calls while 13 have a hold call and five sell calls. The 12-month target price was RM24.49.

Posted by Jeffreyteck > 2019-10-18 22:01 | Report Abuse

Running out of idea to squeeze consumers:

Please be informed that with effect from 8 November 2019, the Interest/Profit Payment Mode for all
existing Fixed Deposit/Term Deposit-i (FD/TD-i) placements under the Bank’s FD/TD-i Campaigns
launched since 2016 will be converted from ‘Monthly Crediting to Current Account/Account-i or
Savings Account/Account-i’ to ‘Crediting to Current Account/Account-i or Savings Account/
Account-i Upon Maturity’.

Is better under the old regime before merger as small banks are willing to offer better services and interest rates. Regulators and authorities often shouting to minimise income discrepancies but the actions they took always caused more damages.

Posted by enigmatic [Breaker of Speculative Investing] > 2019-10-18 23:47 | Report Abuse

@Jeffreyteck,
Means interest is only given upon maturity?

Posted by Jeffreyteck > 2019-10-19 10:26 | Report Abuse

enigmatic... yes, based on notice received. Luckily some other banks or development banks have not changed yet. Some bod of pbb are used to be regulators, yet they can't wait to squeeze consumers for their own interest. Shame on them.

TP15 amidst on going attempts to exploit consumers in addition to potential rate cut, global trade conflicts, new payments players, political environment uncertainty, relatively expensive if based on valuation, and old man syndrome.

Posted by lilychan > 2019-10-20 22:45 | Report Abuse

wawasan 2020 close below RM 20 so sad

Posted by fmbklci > 2019-10-21 14:25 | Report Abuse

we got wawasan 2030. will go back up to rm30. no worries

Posted by masterus > 2019-10-22 13:47 | Report Abuse

Bank of Thailand Fails to Rein in the Strengthening Thai Baht


“The baht could break past the 30 per dollar band at some stage next year, but the degree of currency appreciation is not expected to be too strong”

Posted by Jeffreyteck > 2019-10-23 15:18 | Report Abuse

McKinsey
https://www.google.com/amp/s/www.cnbc.com/amp/2019/10/22/nearly-60-percent-of-global-banks-would-not-survive-another-downturn-mckinsey-warns.html

Posted by RainT > 2019-10-28 13:01 | Report Abuse

after 6 years

Posted by BetorInvest > 2019-10-29 23:41 | Report Abuse

How come QR havent announce?

Posted by soh > 2019-10-30 08:36 | Report Abuse

every year earn money

Posted by mancingbursa > 2019-10-30 17:01 | Report Abuse

Buy 19.24
When come down I thought maybe I was wrong but today give me high five !

Posted by LouiseS > 2019-10-30 17:32 | Report Abuse

Public Bank had good performance in last five years, earning per share increased steadily from 123.7 to 144.4sen. Company management is good, with return on equity 14.8% and cost to income ratio 33%. With recent dip in the share price, now may be a good time to invest in this counter when P/E ratio still at relatively low level (13.59). Overtime, share price may rebound making it too expensive. Although total annual dividend payout of 70sen per share is quite high, at current share price dividend yield is around 3.62% only, not too attractive to invest for the purpose of dividend return. Could be worthy to invest looking forward to future appreciation of share price.

https://louisesinvesting.blogspot.com/2019/10/comments-on-public-bank-berhad-1295.html

Posted by jiunn > 2019-10-31 10:39 | Report Abuse

***MELETOP ....MELETOP......MELETOP



BUY BUY BUY !! STRONG SAPO.....INDEX "1700" COMING END OF YEAR!!!

Posted by limchimleong > 2019-10-31 12:06 | Report Abuse

bought some at 19.30.

Posted by Cindy > 2019-10-31 13:38 | Report Abuse

gambateh...

Posted by masterus > 2019-10-31 14:47 | Report Abuse

Fed Cuts Rates a Quarter Point, Powell Says Policy in Good Place
By Christopher Condon and Steve Matthews
October 31, 2019, 2:00 AM GMT+8
Updated on October 31, 2019, 9:02 AM GMT+8
Fed chairman says baseline economic outlook remains favorable
Policy likely to remain appropriate if data confirm outlook

Posted by RainT > 2019-10-31 16:48 | Report Abuse

wah wah

break 20.00 finally

uptrend liao

Posted by sheldon > 2019-10-31 17:15 | Report Abuse

Chi bai - I wanted to buy but hesitated. Looks like the bus has left!

Posted by RainT > 2019-10-31 21:36 | Report Abuse

go go go to 25.00

Posted by yakuza > 2019-11-01 09:36 | Report Abuse

now its doing offer.

Posted by RainT > 2019-11-01 11:22 | Report Abuse

very obvious

yesterday break 20.00 due to fund support

today lembik back to below 20.00

Posted by POORDAD > 2019-11-01 11:33 | Report Abuse

walau... go longkang again. shark goreng bank stocks now?

Posted by mancingbursa > 2019-11-01 12:04 | Report Abuse

Test water