Posted by AllYouCanBuy > 2020-11-26 18:13 | Report Abuse

Dividend 20 sen!?!

Posted by tkl88 > 2020-11-26 20:42 | Report Abuse

Budget 2021 approved by Dewan Rakyat

Ahmad Naqib Idris/theedgemarkets.com
November 26, 2020 15:32 pm +08
https://www.theedgemarkets.com/article/budget-2021-approved-dewan-rakyat

KUALA LUMPUR (Nov 26): After a heated session during Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz’s wrapping-up speech on Budget 2021, the bill was approved at the policy stage.
Towards the end of the session, Dewan Rakyat Speaker Datuk Azhar Azizan Harun asked for a show of hands of those for and against the budget, and decided that there were more Members of Parliament (MPs) who agreed with the budget, although Pokok Sena MP Datuk Mahfuz Omar interjected and motioned for a tally of the votes.
However, this required 15 MPs to support the call for a tally. Only 13 stood up in support of the tally, according to the Speaker.
“There are fewer than 15 people [supporting the call for a tally]. There are more voices [in agreement with the budget]. The bill will see its second reading now,” he said.
The wrap-up by the minister was a heated one as ruling and opposition MPs furiously interjected for clarifications of certain issues, including the expansion of the Employees Provident Fund's (EPF) i-Sinar facility to include those receiving pay cuts due to the Covid-19 pandemic.
Subang MP Wong Chen claimed that the EPF’s inflows amount to no more than RM20 billion per year, and therefore could not cover the total increased allocation of RM70 billion for the i-Sinar facility.
“Where is the EPF going to find the extra RM50 billion? Are they going to sell their shareholdings in listed companies on Bursa Malaysia? If this hits the headlines tomorrow, we will have a big problem,” he said.
However, Tengku Zafrul clarified that the EPF is seeing inflows of RM80 billion per year, adding that the Ministry of Finance (MoF) had looked into the matter.
“I would like to correct the facts. We conducted a detailed analysis of this for over a week. Actually, the inflows are not RM20 billion, RM30 billion or RM40 billion. It is RM80 billion per year,” responded the minister.
Following that, Wong pointed out that withdrawals by contributors, amounting to RM40 billion to RM50 billion per year, had to be taken into account as well — before his microphone was muted by the Speaker.
The session quickly devolved into a shouting match among the MPs, which resulted in intermittent muting of the MPs’ microphones by a visibly irritated Speaker.
“This is embarrassing behaviour. We are debating on the budget and this is how we are behaving? The rakyat are watching all of us here!” he said.
Other points mentioned during Tengku Zafrul's speech included a reduction in allocation for the Special Affairs Department (JASA) to make way for increases in other allocations, although he did not elaborate.
On the various proposals for a further extension of the loan moratorium, he said all who are eligible — whether they are in the B40, M40 or T20 category — will be able to request for various forms of assistance, which also include reducing or rescheduling loan repayments, from their respective banks.

Posted by AllYouCanBuy > 2020-11-27 14:05 | Report Abuse

Maybank just declared 13.5 sen dividend!! Public will be at least 20 sen...

Posted by AllYouCanBuy > 2020-11-27 14:06 | Report Abuse

Or 30 sen!?

Posted by Sharefisher > 2020-11-27 14:11 | Report Abuse

Don't put so high hope....... Likely below 20 cents....

Posted by Sharefisher > 2020-11-27 14:12 | Report Abuse

Worst is no dividend... Lol.... Then we tio the big boss..

Posted by AllYouCanBuy > 2020-11-27 14:16 | Report Abuse

@Sharefisher Bought for long term at very good entry price. It really does not matter if there's no dividend for the time being. Will be grateful if there is LOL.

Posted by Sharefisher > 2020-11-27 14:20 | Report Abuse

Old man need to eat....... Sure tio the big boss if don't give dividend.

Posted by AllYouCanBuy > 2020-11-27 14:21 | Report Abuse

18sen LOL

Posted by Roy 8 > 2020-11-27 14:40 | Report Abuse

Just released, Maybank 3Q2020 results were pretty good. PBBank should do just as good or even better than Maybank.

Posted by Sharefisher > 2020-11-27 16:09 | Report Abuse

Shit.... Hlb, mb, cimb all up.. Pbb down....... What happens today?

Posted by Sharefisher > 2020-11-27 17:14 | Report Abuse

Lol.... No dividend..... Tio...... Good result also don't give dividend....

Posted by AllYouCanBuy > 2020-11-27 18:46 | Report Abuse

@Sharefisher Good results is good news!! No dividend from pbb was expected until Maybank declared its dividend today. Good quarter results are everything we need. Dividend will surely be compensated next year.

Posted by Snowthief > 2020-11-27 20:07 | Report Abuse

I just sold off Maybank and collected low PBB. 13.5 sen dividend can do what? 30 sen? I would prefer if they could keep it to avoid from hurting their eps.

Posted by AllYouCanBuy > 2020-11-27 20:33 | Report Abuse

https://www.sinchew.com.my/content/content_2384124.html PBB is the most profitable bank.

Posted by AllYouCanBuy > 2020-11-27 20:38 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/11/27/public-bank-3q-net-profit-higher-at-rm139b

Posted by newbie2y > 2020-11-27 22:01 | Report Abuse

ROE, cost to income ratio, margins, asset quality, all are better than mbb's..

Posted by DestinyL > 2020-11-27 23:50 | Report Abuse

Company biz good, might not reflect to shareholders

Posted by Sharefisher > 2020-11-28 07:31 | Report Abuse

No excuse for not giving dividend, which bank is more solid than pbb financially? Tio......

Posted by AllYouCanBuy > 2020-11-28 08:24 | Report Abuse

Next quarter, February 2021, perhaps?

Posted by Sharefisher > 2020-11-28 08:37 | Report Abuse

Next quarter don't give, I will sell all pbb and collect my capital gain. Dividend is only source of income for long term shareholders, and don't you think long term shareholders are the one that support your share price in good time and bad time? Tio....

Posted by camels > 2020-11-28 14:29 | Report Abuse

they were thinking to ramp up pbb price to compensate for the no dividen payout?

Posted by AllYouCanBuy > 2020-11-29 07:14 | Report Abuse

A strong and profitable company with long history is always reflected in its share price.

Posted by masterus > 2020-11-29 08:56 | Report Abuse

China slaps Australia with eye-watering 200% tax on wine exports as trade war erupts

Posted by tollebunsmith > 2020-11-29 19:49 | Report Abuse

Result was released after 5.00pm, right? Anyone has any idea prices will go up or down tomorrow? Just worried. Thanks in advance/

Posted by AllYouCanBuy > 2020-11-29 20:47 | Report Abuse

@tollebunsmith Those who buy for dividend will probably sell it. But not many were expecting dividend for a Q3 or bought pbb hoping for a dividend in Q3. They would probably be pissed off for a while because Maybank gives out 13.5 sen dividend while none from pbb. Most would be more surprised by the net profit increase.


Public Bank leads all other banks in terms of risk management and profitability.

Dividend payout will resume.
The share value appreciation is more attractive than any other bank.

The share price should move up by closing tomorrow, 18.90 is my prediction.

Posted by tollebunsmith > 2020-11-30 07:06 | Report Abuse

AllYouCanBuy : Thanks

Posted by tollebunsmith > 2020-11-30 07:13 | Report Abuse

AllYouCanBuy : can u predict MBB closing too? Thanks

Posted by ares123G > 2020-11-30 08:08 | Report Abuse

The FDA approval for Pfizer coming next 2 weeks.Should be a good news for recovery stock.Any good pbb warrant suggestion ?Im not good at this.

Posted by AllYouCanBuy > 2020-11-30 08:41 | Report Abuse

@tollebunsmith Maybank will float around 8.14-8.35...for some time.

Posted by Sharefisher > 2020-11-30 09:41 | Report Abuse

Look at HLB up 50 over cents. ...... PBB lau sai... The market will kick you if you did something stupid.

Posted by AllYouCanBuy > 2020-11-30 09:50 | Report Abuse

@Sharefisher The market is temporarily pissed off with pbb.. it's understandable. Maybank is going down too after Friday's surge, despite the 13.5sen dividend payout.

Posted by Sharefisher > 2020-11-30 10:09 | Report Abuse

HLB up 66 cents.... Shit pbb....

Posted by Sharefisher > 2020-11-30 10:11 | Report Abuse

Will top up HLB next time, enough for pbb.

Posted by tollebunsmith > 2020-11-30 10:14 | Report Abuse

AllYouCanBuy : thanks

Posted by Sharefisher > 2020-11-30 10:44 | Report Abuse

Shit... HLB up 78 cents..... Should have bought more HLB last time.

Posted by AllYouCanBuy > 2020-11-30 11:07 | Report Abuse

@Sharefisher Hlb no volume... Only a quarter of pbb volume. Pbb will go up soon.

Posted by Sharefisher > 2020-11-30 11:21 | Report Abuse

I only see selling pressure is coming.

Posted by DestinyL > 2020-11-30 11:26 | Report Abuse

Hmm.... can collect soon for 3rd round lol
EPF selling is the key

Posted by Sharefisher > 2020-11-30 11:32 | Report Abuse

Lol... Careful DESTINYL........ PBB heat is cooling down....

Posted by DestinyL > 2020-11-30 11:37 | Report Abuse

I think its EPF's strategy, bringing price up to around 18.80 and puts a market valuation call at that value and hoping to offload without price dropping much

Posted by Sharefisher > 2020-11-30 11:37 | Report Abuse

Soon, HLB and PBB will be at same price.

Posted by AllYouCanBuy > 2020-11-30 12:27 | Report Abuse

Pbb will catch up. The market has to absorb the no dividend news first. Then only will appreciate the higher net profit news. Whatever it is, good lesson to Uncle Teh... give when you can.

Posted by AllYouCanBuy > 2020-11-30 12:38 | Report Abuse

Let's see if big funds come in soon.

Posted by Sharefisher > 2020-11-30 13:04 | Report Abuse

Fund managers also consider your dividend policy. This time the signal is very clear to pbb. 2nd QR no dividend still acceptable, this QR no dividend is very big mistake. One word for the top management, STUPID.

Posted by huat8787 > 2020-11-30 14:04 | Report Abuse

https://www.sinchew.com.my/content/content_2382254.html?fbclid=IwAR2FVPo1kTjC3FJcwMKfWsiR0obbJgl8tkwMX4HMqrnINpdulKJ0S1staHw

Posted by Sharefisher > 2020-11-30 14:43 | Report Abuse

See HLB same price as PBB...... Tu lan.

Posted by aarontan1987 > 2020-11-30 14:52 | Report Abuse

happily taken the profits prior hahahahahahahaha now those who scalped the last bit of breath should be at the merciful hands of Mr.Teh's playbook hahahahahahahahaha i forewarn with my analysis few days back and wasnt joking when i shared it because i hope some could take a quick profit at this high before leaping back into it hahahahahahahahaha for now wait for the tide to subside before making any rash investment decision hahahahahahaha

Posted by Roy 8 > 2020-11-30 15:26 | Report Abuse

QR results reasonably good! No dividend in this QR is not the end of the world. It means golden opportunity to buy at an unreasonably low price. Reap the golden harvest later. Have patient will bring rewards.

Posted by AllYouCanBuy > 2020-11-30 15:30 | Report Abuse

Uncle Teh should learn his lesson well. A 18sen dividend would have seen pbb at 19.50 now.

Investors are really pissed off now LOL