Posted by masterus > 2020-05-22 06:16 | Report Abuse

Australian coal exporters are facing the risk of tougher restrictions selling into China as government authorities in Beijing direct state-owned power plants to purchase domestic product instead.

The move threatens to add to escalating tensions between Australia and its largest trading partner and follows new customs reforms that analysts fear could lead China to delay cargoes of Australia's most lucrative export, iron ore.

Posted by pinnaclegrade > 2020-05-22 13:28 | Report Abuse

Public Bank just released their Q1 2020 today !

Posted by stanicmail > 2020-05-22 13:32 | Report Abuse

Q1 result not bad. can buy now

Posted by RainT > 2020-05-22 14:56 | Report Abuse

PBBANK is geng

this crisis environment, still can maintain solid profit and revenue

good management team

Posted by mikeazk > 2020-05-22 15:03 | Report Abuse

geng what? Q1 result out price straight away drop steeply... :(

Posted by RainT > 2020-05-22 16:25 | Report Abuse

ceh

just drop 1.4% only...

Posted by RainT > 2020-05-22 16:25 | Report Abuse

i hope mega sales drop more

Posted by RainT > 2020-05-22 17:36 | Report Abuse

82 pages of quarter report

think is the longest & most details quarter report in KLSE

everything is detailed out

Posted by RainT > 2020-05-22 17:40 | Report Abuse

wrong

MAYBANK 101 pages quarter report , haha

Posted by mf > 2020-05-22 18:09 |

Post removed.Why?

Posted by masterus > 2020-05-23 11:18 | Report Abuse

US Senate passes bill to delist Alibaba, Baidu and other Chinese companies from US stock exchanges

The US Senate passed a bill to delist Alibaba, Baidu and other Chinese companies from US stock exchanges, as tensions between US and China flared up once again. The bill seeking to delist Chinese companies was introduced by John Kennedy, a Republican, and Chris Van Hollen, a Democrat. Signalling bipartisan support, the Senate passed the bill unanimously. It would also require companies to certify that they’re not under the control of a foreign government. Shares of Chinese e-commerce giant Alibaba saw its US-listed shares fall more than 2% after the development.

Posted by buffet3333 > 2020-05-25 11:20 | Report Abuse

PB Bank got no hope, price slowly drop starting 2 years ago, exactly from May 2018 from $25 to $15 now....it will drop to $12 @ P/E 8.0 same P/E as many of the bank in malaysia and around the world. Nobody wants to buy expensive bank for no reason, dividend not interesting, growth not interesting, services nothing special, nothing good actually. Institutions investor will aggressively sell it to buy other banks stocks overseas.

Posted by MrLonely > 2020-05-25 15:59 | Report Abuse

Tp 10 possible ??

Posted by stockraider > 2020-05-25 17:56 | Report Abuse

AROUND RM 14 SHOULD JUMP IN MAH...IF U QUOTE RIDICULOUS PRICE LIKE RM 10 U SYIOK SENDIRI MAH...!!

Posted by masterus > 2020-05-25 22:38 | Report Abuse

Hong Kong police fired tear gas and water cannon to disperse thousands of people who rallied on Sunday to protest against Beijing's plan to impose a new national security law on the semi-autonomous city.

In a return of the unrest that roiled Hong Kong last year, crowds thronged the Causeway Bay shopping area in defiance of curbs imposed to contain the coronavirus. Chants of "Hong Kong independence, the only way out" echoed through the streets.

Posted by RedEagle > 2020-05-26 10:20 | Report Abuse

Decide after announce Q2 then wait until Q3, buyback after Q4.. 2020 will be losses to all banking and financial institutions. Monatorium Impairment comminggg..

Posted by chongming > 2020-05-27 00:12 | Report Abuse

bank 6 month no need repayment...bank tightening lending...revenue drop...

Posted by aliyusof > 2020-05-28 11:41 | Report Abuse

TP 10? Day dreaming. Rm14 also tough to get

Posted by masterus > 2020-05-29 06:58 | Report Abuse

For nearly three decades, the U.S. has given Hong Kong special status — letting goods flow back and forth without tariffs and people to fly in and out with no visas. Other countries do the same. That makes Hong Kong a vital business hub, according to Fraser Howie, an independent financial analyst in Singapore.

It’s a “very unique environment, different from the mainland,” Howie said. “Hong Kong was always seen as low-tax, exciting destination, a can-do type of place.”

If Washington ditches Hong Kong’s special status, there’d be “serious implications,” the U.S. Chamber of Commerce warned.

Posted by wkl318 > 2020-05-29 11:36 | Report Abuse

I agree with buffet3333. If you look at the TP for pbb given by various analysts above, I would say the majority are day dreaming. HLG gave TP as 13.70 which is the lowest but realistic. The emotional component of a share price is more important and a common driver of share prices than value. It was the super high emotion that pbb traded for a long period of time at rm25 in 2018. It took a long time for the emotion to peter down. So don't keep looking at the rear mirror. Pbb is an old one trick horse now.

Posted by Goofy > 2020-05-29 12:21 | Report Abuse

Fully agree with RedEagle. Lets decide to take action around nov/dec 2020.

Coming Quarter report will be ugly due to no income on mortgages and HP and subsequent one will see NPL rise.

Posted by Goofy > 2020-05-29 12:39 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/05/29/banks-aware-of-discounts-given-by-developers#cxrecs_s

Posted by Keyman188 > 2020-05-29 16:07 | Report Abuse

What happening today !!!...

KLCI up up up...but today drop so ugly....

Posted by Keyman188 > 2020-05-29 16:11 | Report Abuse

Is it because of China National Security law imposed at Hong Kong...

So maybe affected business in Hong Kong ???...

Posted by dusti > 2020-05-29 16:12 | Report Abuse

Can switch to DBS and pray hard

Posted by Jason85 > 2020-05-29 16:27 | Report Abuse

Collect some PB bank at 14.98 .. just continue collect stock fundamentals still good and low.. you believe bank will lost $$?

Posted by Keyman188 > 2020-05-29 17:01 | Report Abuse

Definitely terrible...

Foreign funds throwing non-stop...

Part of the foreign funds are JP Morgan & UBS...

Posted by ronald118 > 2020-05-29 17:24 | Report Abuse

who so naughty drop at 14.70 big bulks ?

Posted by pinnaclegrade > 2020-05-29 17:30 | Report Abuse

sharp drop at RM14.66 closing o.O

Posted by lkoky > 2020-05-29 17:32 | Report Abuse

sharp drop and huge spike in volume.

exact opposite situation in CIMB... maybe fund is swithcing

Posted by beckham89 > 2020-05-29 17:32 | Report Abuse

wa...suddenly drop so much. Big Cap drop. TNB PBB NESTLE...

Posted by smallfishy > 2020-05-29 17:36 | Report Abuse

Its happening everywhere bursa gt problem in last 10 min?

Posted by pinnaclegrade > 2020-05-29 19:50 | Report Abuse

feels like PBBank is dropping to HLB levels, while HLB maintain resilient

Posted by fruitcake > 2020-05-29 21:17 | Report Abuse

gap up on monday

Posted by Nepo > 2020-05-29 21:44 | Report Abuse

Monday probably another gap down

Posted by memorylane > 2020-05-29 22:47 | Report Abuse

is it tax-loss selling to offset other realized gain during month end?

Posted by MaYun > 2020-05-29 23:21 | Report Abuse

investment banks are giving HLB & PBB with quite a close price target, especially HLB is giving public bank a 14+ TP

Posted by buffet3333 > 2020-05-30 01:16 | Report Abuse

as I say on 25/5/20, PBB going to drop slowly till around $12 @ P/E 8.0.....investor selling expensive and good for nothing bank share, use the money buy cheaper and better stock....today PBBank close 14.66, many bleeding....

Posted by Clear1691 > 2020-05-30 10:12 | Report Abuse

PBBANK dropped -0.52 to 14.66 yesterday. Anyone has clue what's the follow-up on Monday?

Posted by masterus > 2020-05-30 16:51 | Report Abuse

Some of the protests have been peaceful, while others have been destructive. Here are the cities where protesters gathered:

California: Los Angeles, Bakersfield, Sacramento, San Jose, Oakland, San Francisco

Colorado: Denver

Georgia: Atlanta

Illinois: Chicago

Iowa: Des Moines

Indiana: Indianapolis, Fort Wayne

Kentucky: Louisville (Related to the death of Breonna Taylor)

Louisiana: New Orleans

New York: New York City

Massachusetts: Boston

Michigan: Detroit

Minnesota: Minneapolis

Nevada: Las Vegas

North Carolina: Charlotte

Ohio: Columbus, Cincinnati

Texas: Dallas, Houston

Virginia: Richmond

Washington, DC

Posted by MorningGlory123 > 2020-05-30 17:32 | Report Abuse

Hey, I am new investor here. I want to invest my small portion of savings into this Public Bank share. I saw the share price suddenly dropped below RM 15 yesterday. May I know is it the right time start to buy banking share since I saw share market everyday going up from end of March 2020?

Posted by MorningGlory123 > 2020-05-30 17:36 | Report Abuse

Hey, I also want to ask, if I want invest into banking share, shall I just invest into Public Bank share or better to invest into different bank, for instance, Maybank or Hong Leong Bank?

Posted by mf > 2020-05-30 19:55 | Report Abuse

Kakitangan Wisma Putra dikesan positif COVID-19
Asyraf Roslan, Astro Awani | Diterbitkan pada Mei 30, 2020 19:39 +08 | Durasi: 50 saat

Posted by masterus > 2020-05-30 19:58 | Report Abuse

Speculators target Hong Kong's currency on outflow concern

Posted by masterus > 2020-05-30 20:00 | Report Abuse

Fear that capital will flee Hong Kong are visible just about everywhere in the city's financial markets, yet the currency remains resistant for now.
Speculators are betting on significant depreciation with derivatives, sending a measure of bearishness to near its highest level of the year. Volume on Hong Kong dollar options soared to $3.7bn, with a third of the trades betting the pegged currency would hit or break the weak end of its trading band.
Conviction that turbulence will get worse is also evident in the swaps market, where the spread between local and US rates reached levels last seen in the 1990s.

MENAFN - Gulf Times

Posted by kt_invest > 2020-05-31 08:43 | Report Abuse

https://www.theedgemarkets.com/article/banks-risk-modification-loss-waiving-additional-hp-interest-%E2%81%A0%E2%80%94-analysts

Meanwhile, CGS-CIMB estimated that the modification loss would reduce banks’ financial year 2020 (FY20) net profit by 14.4%.

Posted by Keyman188 > 2020-05-31 20:00 | Report Abuse

Sure can get 12.00 ???......

Keyman188 accidentally holding @ 12.98 until now...

Keyman188 also need reload more if can deceleration to 12.50...12.00...11.50...11.00...

Posted by Keyman188 > 2020-05-31 20:06 | Report Abuse

Public Bank so long withstanding between 15.50 ~ 16.70 range Since Early Apr until last week after March massive deceleration....

Only 1st time, I saw deep below around 14++ last Friday...

Waiting next week market momentum then see got chance to reload further...

Posted by pinnaclegrade > 2020-05-31 20:23 | Report Abuse

big player dispose share, not sure who though

Posted by Keyman188 > 2020-05-31 20:44 | Report Abuse

Foreign Funds did the "Good Job" last Friday due to reposition their portfolio... 

Not only PBB, other bluchips as well...some up shareholding...some reduce holding...