PUBLIC BANK BHD

KLSE (MYR): PBBANK (1295)

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Last Price

4.56

Today's Change

-0.03 (0.65%)

Day's Change

4.53 - 4.58

Trading Volume

25,847,700


20 people like this.

15,490 comment(s). Last comment by lawkaw 1 hour ago

masterus

3,597 posts

Posted by masterus > 2020-09-01 17:26 | Report Abuse

Bitcoin to soar as Buffett exits USD: Max Keiser
TV host says the top crypto will reach all-time high in near term as world loses confidence in reserve currency
By PAUL MUIR
SEPTEMBER 1, 2020

The US dollar is becoming so enfeebled by excess printing that even billionaire investor Warren Buffett is jumping ship. But this debasement of the world’s reserve currency is good news for bitcoin holders, according to analyst and TV presenter Max Keiser, because it will push its price to all-time highs.

“Buffett’s move into Japan, along with his GOLD investment, confirms he’s getting out of USD BIGLY,” Keiser tweeted on Monday. “USD is trending lower today, about to break key support. Bitcoin – Gold – Silver Will all make new ATH in the near term.”

tkl88

8,712 posts

Posted by tkl88 > 2020-09-01 19:02 | Report Abuse

As at 6.45pm,
Nymex at => $43.11 (+0.50) (+1.17 %) !
Brent at => $45.86 (+0.58) (+1.28 %) !

tkl88

8,712 posts

Posted by tkl88 > 2020-09-01 23:05 | Report Abuse

As at 10.45pm,*
Nymex at => $43.37 (+0.76) (+1.78 %) !
Brent at => $46.17 (+0.89) (+1.97 %) !

tkl88

8,712 posts

Posted by tkl88 > 2020-09-02 08:12 | Report Abuse

Wow, Amazing !‬
‪Dow Jones closed at=>‬
28,645.66 (+215.61) (+0.76 %) !

Sharefisher

5,470 posts

Posted by Sharefisher > 2020-09-02 08:19 | Report Abuse

Time to collect.

AllYouCanBuy

2,060 posts

Posted by AllYouCanBuy > 2020-09-02 11:03 | Report Abuse

Will collect in November QR3..

camels

31 posts

Posted by camels > 2020-09-02 15:25 | Report Abuse

made lesser this qtr..but dont reward shareholders wt some dividen..taking advantage

tkl88

8,712 posts

Posted by tkl88 > 2020-09-02 17:17 | Report Abuse

Dow Jones continue it's bull run !
As at 4.57pm,
28,824.5 (+202.5) (+0.71 %) !

Up_again

949 posts

Posted by Up_again > 2020-09-03 01:00 | Report Abuse

Collected, cheers guys

tkl88

8,712 posts

Posted by tkl88 > 2020-09-03 01:07 | Report Abuse

Wow, Fantastic !
As at 12.45am,
Dow Jones at=>28,898.26 (+252.60) (+0.88 %) !

tkl88

8,712 posts

Posted by tkl88 > 2020-09-03 07:57 | Report Abuse

Walaoeh, Dow Jones spike up 500 points,
Super bull is coming !

Dow Jones closed at=>
29,100.50 (+454.84) (+1.59 %) !

Posted by Rock_n_roll > 2020-09-03 11:27 | Report Abuse

this bot @tkl88 again spamming bullcrap everywhere..

Posted by BURSA of Billionaire > 2020-09-03 12:08 | Report Abuse

15.58 i m waiting u , pls come to my hug

burking

109 posts

Posted by burking > 2020-09-03 23:15 | Report Abuse

KWSP buying Maybank & PBB,

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-09-04 08:30 | Report Abuse

Unfortunately EPF only has limited options but unlimited funds, averaging down is workable for it. EPF owns substantial in mbsb, but only sees its price dropping and loss trending now.

masterus

3,597 posts

Posted by masterus > 2020-09-04 08:49 | Report Abuse

"China will gradually decrease its holdings of US debt to about $800billion under normal circumstances. But of course, China might sell all of its US bonds in an extreme case, like a military conflict," Xi Junyang, a professor at the Shanghai University of Finance and Economics, told the Global Times on Thursday.

One reason for the bond selling is because Beijing is increasingly concerned about the potential risks behind surging debt level in the US, experts said.
China has cut USD holdings this year so the trend is certainty divestment and it's undoubtedly negative for the currency going forward. Then again, the Fed's buying $5 in bonds for every one that China sells.

Up_again

949 posts

Posted by Up_again > 2020-09-04 15:50 | Report Abuse

Epf has been buying a minimum of 4 banks daily for the last month or two

masterus

3,597 posts

Posted by masterus > 2020-09-05 19:04 | Report Abuse

China Allows for Stronger Yuan as Xi Turns Focus to Home
Bloomberg News
September 4, 2020, 4:00 AM GMT+8
Updated on September 4, 2020, 4:51 PM GMT+8
Currency has jumped nearly 5% since this year’s nadir in May
Beijing hopes to stimulate imports, boost domestic consumption
Sign up for Next China, a weekly email on where the nation stands now and where it's going next.

Beijing is allowing faster gains in the yuan as it seeks to cheapen imports and bolster weak consumer spending.

masterus

3,597 posts

Posted by masterus > 2020-09-05 19:10 | Report Abuse

China's yuan could become the world’s third-largest reserve currency in the foreseeable future due to increased foreign investment in Chinese companies, analysts at Morgan Stanley conclude in a report distributed Friday (Sept. 4) and cited by CNBC.

The shift would put the yuan behind the U.S. dollar and the euro. Reserves are funds central banks hold in currencies other than their own.

As of the end of the first calendar quarter of this year, the International Monetary Fund lists the world’s leading reserve currencies as the U.S. dollar, the euro, the Japanese yen and the British pound, followed by the yuan, the Canadian dollar and the Australian dollar.

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-09-06 21:59 | Report Abuse

Foreign fund outflow expands to RM558.0m during Sep 1-3 period.... are they expecting further rate cut, excluding from bond index, weakening ringgit etc or another round of massive water disruption???

Sharefisher

5,470 posts

Posted by Sharefisher > 2020-09-07 17:36 | Report Abuse

What is happening? Everyday last minute pushing.

AllYouCanBuy

2,060 posts

Posted by AllYouCanBuy > 2020-09-07 18:40 | Report Abuse

If OPR cut is announced on Thursday.. can collect at 15.00??

kens88

698 posts

Posted by kens88 > 2020-09-07 23:45 | Report Abuse

Regret buying pbbank. Expensive but no dividend. Same as rubbish stock

Really one of my worse buys.

I hope it drop to rm 10 so can Average down more.

masterus

3,597 posts

Posted by masterus > 2020-09-08 08:59 | Report Abuse

Stimulus check: Eligibility, fine print, income limit and how the first payment could shape the next rescue package
A second $1,200 maximum check from the IRS may still happen, but some prominent questions still remain. The original CARES Act may offer clues as to what a second round of payments might look like.

Clifford Colby headshot
Clifford Colby
Sept. 7, 2020 2:15 p.m. PT

Angela Lang/CNET
Washington lawmakers are expected to pass either another coronavirus economic relief package or other legislation that could give Americans who qualify a second stimulus check up to $1,200 per person. If there's another direct payment, the first round can offer some clues about what could happen next.

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2020-09-08 13:32 | Report Abuse

The whole fact about bank counter is just the dividend. No more room for public bank to grow except dividend.

Will rebound back but need to wait everything normal after few years.

Up_again

949 posts

Posted by Up_again > 2020-09-08 13:34 | Report Abuse

After few years?? Lmao

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2020-09-08 13:57 | Report Abuse

Bank counter is not meant for you to buy and sell at high price. Buy at low price and hold for the dividend. Other than that nothing much already ...

AllYouCanBuy

2,060 posts

Posted by AllYouCanBuy > 2020-09-08 15:20 | Report Abuse

Public Bank share observes share value gain besides dividend.

masterus

3,597 posts

Posted by masterus > 2020-09-08 17:30 | Report Abuse

China bond inclusion in WGBI may drive US$140b in inflows — Goldman Sachs

masterus

3,597 posts

Posted by masterus > 2020-09-08 20:01 | Report Abuse

Chinese yuan to become No 3 global currency by 2030 after US dollar, euro, Morgan Stanley predicts
The yuan could account for up to 10 per cent of global foreign exchange reserve assets by 2030
Policy advisers in Beijing have presented a number of suggestions to reduce China’s reliance on the US dollar

ShareNews

65 posts

Posted by ShareNews > 2020-09-09 11:12 | Report Abuse

OPR likely to remain...collect now...

masterus

3,597 posts

Posted by masterus > 2020-09-09 13:30 | Report Abuse

PETALING JAYA: Bank Negara Malaysia (BNM) will reduce its overnight policy rate (OPR) by a further 25 basis points (bps), say seven out of 13 economists polled by Reuters.

An announcement is expected following the central bank’s policy meeting on Thursday.

Such a move will also see the OPR reduced to a record low of 1.5%, with BNM having already delivered 125 bps of rate cuts this year. The last cut of 25 bps was announced on July 7.

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-09-09 13:56 | Report Abuse

Malaysia leads Asian stocks losses; rupiah slides again.... with possibility of rate cut and exclusion of local bonds from index, can ringgit immune from further weakening?

Posted by GorengBilis > 2020-09-09 15:42 | Report Abuse

EPF KEEP BUY! Now i All in 。

Posted by GorengBilis > 2020-09-09 16:20 | Report Abuse

Next QR will be good

tkl88

8,712 posts

Posted by tkl88 > 2020-09-09 16:25 | Report Abuse

Wow, Amazing !
Oil price already turn green and spike up like mad !

As at 4.15pm,
Nymex at => $37.52 (+0.76) (+2.07 percent) !
Brent at => $46.17 (+0.62) (+1.56 percent) !

Up_again

949 posts

Posted by Up_again > 2020-09-09 17:49 | Report Abuse

Those that wanna wait rm 10 or rm 15 can continue to wait. No issue here

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2020-09-09 18:16 | Report Abuse

No thanks.

masterus

3,597 posts

Posted by masterus > 2020-09-09 19:12 | Report Abuse

'High possibility’ BNM reduces OPR by 25bps to all-time low of 1.5% — TA Securities
Ong Kye Li
/
theedgemarkets.com

September 09, 2020 16:10 pm +08

Posted by GorengBilis > 2020-09-09 23:06 | Report Abuse

FLY

tkl88

8,712 posts

Posted by tkl88 > 2020-09-10 07:12 | Report Abuse

Walaoeh, Dow Jones super bull run !‬

‪Dow Jones closed at=>‬ 27,940.47 (+439.58) (+1.60 %) !

masterus

3,597 posts

Posted by masterus > 2020-09-10 10:38 | Report Abuse

Moratorium end this month. Gold to the rescue

masterus

3,597 posts

Posted by masterus > 2020-09-10 12:57 | Report Abuse

(Reuters) - An unprecedented spate of fierce, wind-driven wildfires in Oregon have all but destroyed five small towns, leaving a potentially high death toll in their wake, the governor said on Wednesday, as initial casualty reports began to surface.

Hundreds of miles away in northern California, three fatalities were confirmed on Wednesday from a lightning-sparked conflagration that raged with renewed intensity this week after firefighters had made significant headway containing it.

While more than two dozen major blazes continued to wreak havoc across wide swaths of California, the neighboring state of Oregon bore the latest brunt of wildfires plaguing much of the western United States over the past week.

AllYouCanBuy

2,060 posts

Posted by AllYouCanBuy > 2020-09-10 15:06 | Report Abuse

BNM announced no opr cut.

tkl88

8,712 posts

Posted by tkl88 > 2020-09-10 15:43 | Report Abuse

OPR maintain at 1.75 %
Tommorrow onwards KLSE will spike up liao !

tkl88

8,712 posts

Posted by tkl88 > 2020-09-10 15:43 | Report Abuse

BREAKING : Bank Negara Malaysia decides to maintain the Overnight Policy Rate (OPR) at 1.75%, citing improvement in economic activity

https://www.bnm.gov.my/index.php?ch=en_press&pg=en_press&ac=5110&lang=en

Posted by GorengBilis > 2020-09-10 15:54 | Report Abuse

now All in

Up_again

949 posts

Posted by Up_again > 2020-09-10 16:06 | Report Abuse

Ehhhh, bukan ke you guys wanna wait rm 10??? Buy la no need wait

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2020-09-10 16:16 | Report Abuse

No thanks. I am not hungry for dividend

masterus

3,597 posts

Posted by masterus > 2020-09-15 14:42 | Report Abuse

Luxembourg
Luxembourg strengthens status as offshore renminbi centre
Grand Duchy has become a preferred destination for funds investing into China

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