PUBLIC BANK BHD

KLSE (MYR): PBBANK (1295)

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Last Price

4.40

Today's Change

-0.01 (0.23%)

Day's Change

4.40 - 4.44

Trading Volume

9,302,900


21 people like this.

15,838 comment(s). Last comment by metaverse 4 hours ago

skc761103

201 posts

Posted by skc761103 > 1 month ago | Report Abuse

public bank shrink down myr0.26 today ,those die hard super fans seems quite & silent ...any buy advice on current price?

smartly

6,441 posts

Posted by smartly > 1 month ago | Report Abuse

just sapu sj. next week will rebound.

hng33

20,502 posts

Posted by hng33 > 1 month ago | Report Abuse

we will be undertaking an exercise to distribute a portion of our Public Bank shares at a discount to all employees, directors and eligible shareholders of the Public Bank group..... the keyword is discount.....

judging from takeover LPI, a significant 30% discount is peg to market price. upcoming restricted offer could also likely offer alike discount too

Janus Mun

282 posts

Posted by Janus Mun > 1 month ago | Report Abuse

fund sindicates all press down price.....bl00dy price amipulation!

Willtolive

609 posts

Posted by Willtolive > 1 month ago | Report Abuse

what if drop more next week?

Posted by smartly > 11 minutes ago | Report Abuse

just sapu sj. next week will rebound.

goldenhope

300 posts

Posted by goldenhope > 1 month ago | Report Abuse

Borrow from PBB to buy PBB shares can ah ?

lawkaw

200 posts

Posted by lawkaw > 1 month ago | Report Abuse

don't see any support now. stand side line see if its broke 4.20 or not, once broke, wait till 4.00 and see again. sikit-sikit accumulate at 4.10 or below

Willtolive

609 posts

Posted by Willtolive > 1 month ago | Report Abuse

pledge pbb shares to PBB to borrow money to buy more PBB shares

Endgame

759 posts

Posted by Endgame > 1 month ago | Report Abuse

Got few reputable institutions funds offer to buy already, higher than current market price, next week news

smartly

6,441 posts

Posted by smartly > 1 month ago | Report Abuse

drop more buy more lah. my last batch not done. if drop another 30sen my last batch will be utilised fully. no more fund by then, sit tight collect dividend loh.

leekh5555

545 posts

Posted by leekh5555 > 1 month ago | Report Abuse

depend on how many % discount for the potential buyer, the bigger the discount rate then price will drop even faster...the story will take 5 yrs to end.

hng33

20,502 posts

Posted by hng33 > 1 month ago | Report Abuse

Employees, directors and eligible shareholders all will get discount offer price, you better reserve some fund to buy later at discount offer under shareholder entitlement. For bank employees and directors, offer discount may be higher than retail shareholder

goldenhope

300 posts

Posted by goldenhope > 1 month ago | Report Abuse

Maybe 99SP boss want to buy some shares

lawkaw

200 posts

Posted by lawkaw > 1 month ago | Report Abuse

@willtolive, smartly
use its dividend to buy ma. aiyo yo. unless you habis its dividend liao 🤣🤣🤣

smartly

6,441 posts

Posted by smartly > 1 month ago | Report Abuse

the discount thingy will take years to come. by then should have gather enough fresh fund to takes up the offer

hng33

20,502 posts

Posted by hng33 > 1 month ago | Report Abuse

Don worry about discount offer, it should big enough judging from 30% discount for LPI takeover. Teh family should be very generous enough to offer similar quantum of discount to reward retail shareholder (range 10-15%) and higher discount (15-30%) to employee and director for their hard work and shown appreciation and as incentive to them

smartly

6,441 posts

Posted by smartly > 1 month ago | Report Abuse

expect next dividend is sometime Feb2025. around 10sen (hope it can be higher).

klee

3,525 posts

Posted by klee > 1 month ago | Report Abuse

Stingy bank got give such good kang tao to employees ka? LOL
todays drop ady discounted that news...


hng33

we will be undertaking an exercise to distribute a portion of our Public Bank shares at a discount to all employees, directors and eligible shareholders of the Public Bank group..... the keyword is discount.....

judging from takeover LPI, a significant 30% discount is peg to market price. upcoming restricted offer could also likely offer alike discount too

lawkaw

200 posts

Posted by lawkaw > 1 month ago | Report Abuse

@endgame
hello my friend, sure boh ?? you don't make me happy woh !! mana lu dapat info ni, my friend ?? kalau ade, i think most probably is epf gua 🤓🤓

klee

3,525 posts

Posted by klee > 1 month ago | Report Abuse

cimb,rhb ady started rebound...likely pbbank rebound next week
as for LPI,that deal will abort as no right minded ppl will accept
CHEERS

pang72

51,518 posts

Posted by pang72 > 1 month ago | Report Abuse

Very funny bank..
Everything gives discount..makes the share price in big discount

ChloeTai

1,452 posts

Posted by ChloeTai > 1 month ago | Report Abuse

The keyword is "eligible shareholders" and not "retailers".

pang72

51,518 posts

Posted by pang72 > 1 month ago | Report Abuse

Next week gives more discount below $4

linges

2,701 posts

Posted by linges > 1 month ago | Report Abuse

yeah..below 4 is a bargain :)

edwiniw

7 posts

Posted by edwiniw > 1 month ago | Report Abuse

The keyword is "eligible shareholders" is also used in right issue, bonus etc, this will include "retailers"

Willtolive

609 posts

Posted by Willtolive > 1 month ago | Report Abuse

lawkaw, dividends cannot prevent share drop, I told you I sold all at 482 and wait for price to cum 420 but you never follow. who rugi?

lawkaw

200 posts

Posted by lawkaw > 1 month ago | Report Abuse

@pang72
relax la my friend. you may be the same if you wearing his shoes, left hand sell to right hand, then right hand sell to left hand, this is rich man game la. aiiiii..... what to do ..... 😥😥😥

M55555

1,090 posts

Posted by M55555 > 1 month ago | Report Abuse

5 years!! That's is a very long period.

lawkaw

200 posts

Posted by lawkaw > 1 month ago | Report Abuse

@willtolive
hahaha ..... agree with you, tapi, if its sharp drop again, sekurang kurang i can buy more lo 😸😸. friend, did you buy some today ?

The_JQuestion

1,699 posts

Posted by The_JQuestion > 1 month ago | Report Abuse

PBB deal buying LPI at discount. LPI shareholders MAD and dump PBB .... PBB will be unstable ,, very greedy ,, only own family UNTUNG , rest shatter....

Willtolive

609 posts

Posted by Willtolive > 1 month ago | Report Abuse

lawkaw, be patient and wait for 2 weeks for the desperate sellers stampede

Willtolive

609 posts

Posted by Willtolive > 1 month ago | Report Abuse

PBB blew chip also pleyd like pertama

pang72

51,518 posts

Posted by pang72 > 1 month ago | Report Abuse

一天内双重打击 大众银行市值蒸发50.5亿

pang72

51,518 posts

Posted by pang72 > 1 month ago | Report Abuse

Pay 17.2亿 bought Lpi then loses out 50.5亿 pbb capital!

pang72

51,518 posts

Posted by pang72 > 1 month ago | Report Abuse

Genting 2nd generation hardly can turn around the company
What is the outcome of pbb 2nd generation?

dompeilee

11,888 posts

Posted by dompeilee > 1 month ago | Report Abuse

Luckily I SOLD 2/3 in stages @ $4.585 on 20/8 & $4.800 on 9/9!

1pingpong

760 posts

Posted by 1pingpong > 1 month ago | Report Abuse

will go below rm4

1pingpong

760 posts

Posted by 1pingpong > 1 month ago | Report Abuse

Just buy high and sell low....

Posted by Johnchew123 > 1 month ago | Report Abuse

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E5%A4%A7%E4%BC%97%E9%93%B6%E8%A1%8C%E6%94%B6%E8%B4%AD%E4%BC%A6%E5%B9%B3-%E5%88%86%E6%9E%90%E7%95%8C%E5%A4%9A%E6%AD%A3%E9%9D%A2%E7%9C%8B%E5%BE%85

Good news , discount buy LPI , didn’t price in ,
Next week rebound , today local fund SELL

next week foreign fund BUY
TP = 4.50 in 5 trading day

fortunefire

1,518 posts

Posted by fortunefire > 1 month ago | Report Abuse

hundred millions of shares keep flowing into the market in the next 5 years

Posted by Johnchew123 > 1 month ago | Report Abuse

Share flowing to market not yet executed , May be next year start , short term may move up to 4.50 again, next week u will see 4.50
Foreign fund on 17 / 8 / 24 push up PBB , price start 4.30 , up to higher 4.80
So 4.30 will be strong Support , next week u will see foreign fund BUY

hng33

20,502 posts

Posted by hng33 > 1 month ago | Report Abuse

In contrast to restricted sale at discount to director, employee and retail shareholder which result market negative response.

There is actually another alternative option available which will result opposite effect, market positive response.

These options is through staggering dividend share. Since public bank have 10% share buyback mandate every year. public bank can therefore allow to buyback Teh family stake 10% either at straight or at staggering basis 2.8% every year as treasury share for next 5 year to buyback total 13. 5% from Teh families stake.

In the interim, public bank can use these treasury share to declare share dividend instead of cash dividend to shareholder to gradually distribute treasury share over period of 20 year period which is based on average 5% dividend yield return to all shareholder ( 10% treasury share will distrubte over 20 year period, annual dividend yieldto be in line with current 5%.

In additional, director and employee also can entitle fraction of treasury share (3.5%) under 5+5 year ESOS plan

blistering

146 posts

Posted by blistering > 1 month ago | Report Abuse

Sons and daughters urgently want to enjoy cash so this news trigger panic sell looks like next monday gonna be red too CiMB now up to no.2 biggest bank 😂

blistering

146 posts

Posted by blistering > 1 month ago | Report Abuse

13.5% family stakes to be sold thats like RM11.8Bil at today closing prices 😱😱

chamlo

1,288 posts

Posted by chamlo > 1 month ago | Report Abuse

THP children want to enjoy life unlike their father. RM billion many things can buy.

smartly

6,441 posts

Posted by smartly > 1 month ago | Report Abuse

Posted by hng33 > 31 minutes ago | Report Abuse

In contrast to restricted sale at discount to director, employee and retail shareholder which result market negative response.

There is actually another alternative option available which will result opposite effect, market positive response.

These options is through staggering dividend share. Since public bank have 10% share buyback mandate every year. public bank can therefore allow to buyback Teh family stake 10% either at straight or at staggering basis 2.8% every year as treasury share for next 5 year to buyback total 13. 5% from Teh families stake.

In the interim, public bank can use these treasury share to declare share dividend instead of cash dividend to shareholder to gradually distribute treasury share over period of 20 year period which is based on average 5% dividend yield return to all shareholder ( 10% treasury share will distrubte over 20 year period, annual dividend yieldto be in line with current 5%.

In additional, director and employee also can entitle fraction of treasury share (3.5%) under 5+5 year ESOS plan

--------------------------------------
is a workable plan and is an all win (x4) situation, rather than outright discount to all

smartly

6,441 posts

Posted by smartly > 1 month ago | Report Abuse

5% DY need to be in the form of share + cash dividend
else
if 5% DY purely in share dividend, i believe the 13.5% stake will vanished in 3 years

hng33

20,502 posts

Posted by hng33 > 1 month ago | Report Abuse

Oh yes, wrongly calculate, should be able fully disbrbute as share dividend within 3 year or partial cash + share dividend within 6 year.

Today market negative response is due to The keyword 'discount' which happen together with LPI offer at 30% discount over market price, creating market perception that upcoming restricted share sale offer also may peg 30% discount too.

Therefore, through company 10% share buyback mandate yearly, Public bank itself can enjoy 30% discount offer by Teh family without at shareholder expense.

Public bank later can opt to distribute these treasury share as share dividend as certain ratio over a period 3 year or 6 year if opt partial to all shareholders. These will result public bank share buyback getting 30% discount from Teh family, while all shareholder getting full value share through share dividend with peg ratio over a period of 3-6 year as replacement for ordinary cash dividend.

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