Posted by supersinginvestor > 2020-12-18 13:31 | Report Abuse

Everyone want to write.u buy topglove shares in 2001 now worth how much


You go count public bank shares n see laa..since listed till now u own how much??try lor.

Posted by AllYouCanBuy > 2020-12-18 13:33 | Report Abuse

People who don't buy pbb will always say the same, it's expensive. Before, now and later.

Posted by AllYouCanBuy > 2020-12-18 13:38 | Report Abuse

Why are you here if you think that it's expensive? Apple is cheap? TESLA cheap? Live a life and get over it.

Posted by Sharefisher > 2020-12-18 13:44 | Report Abuse

Aiyo... When pbb was cheap cheap below 16, you also no ask me to buy..... Haha ha....... Now sure more expensive lah..... Got bonus issue.

Posted by Sharefisher > 2020-12-18 13:46 | Report Abuse

Remember to keep some bullet if got crazy people want to sell below 20 later, we can collect again... Haha ha...

Posted by AllYouCanBuy > 2020-12-18 13:47 | Report Abuse

These people will say it is expensive even if it is 14.

Posted by AllYouCanBuy > 2020-12-18 13:50 | Report Abuse

Buy Ambank lah... RM3+... cheap right?

Posted by supersinginvestor > 2020-12-18 14:47 | Report Abuse

Unker sifu advice u poor little people..dont buy pbbank sell it...buy affin n mbsb...public bank not for u..public bank for elite rich people only..

Posted by supersinginvestor > 2020-12-18 14:54 | Report Abuse

AnalysisBursa4 reasons why Public Bank could have made you a millionaire today

 Stanley Lim, CFAJune 1, 2017

I recently opened a bank account at Public Bank. When I was at the branch, it was noisy, chaotic and felt like a visit to a government department. I had to fill up an account opening form that was badly photocopied, waited in line for close to an hour before finally getting my bank account opened. I was issued a savings account passbook — the type where you have to slot into an ATM to update its balance.

Yes, it is 2017 but that’s how an average person still opens an account at Public Bank. It may be very old school and given that Public Bank Berhad (Bursa: 1295) is the third largest bank in Malaysia by asset size, one would assume there are easier ways to open a bank account electronically.

However, I know one group of people who are not complaining: Public Bank’s long-term shareholders. Public Bank has been one of the best-performing stocks in Malaysia over the past twenty years. If you invested in Public Bank in 1992 and reinvested your dividends, do you know who you would be today?

You would be a millionaire.

If you invested about RM15,000 in Public Bank’s shares in 1992 and reinvested the dividends, you would be sitting on RM1 million worth of Public Bank shares today.

Over the past 25 years, the bank has returned more than 6,500% to its shareholders. That is about 20% annual returns on average. No wonder you always hear cheers and praise for Public Bank’s founder and chairman, Tan Sri Teh Hong Piow, and it was no different at Public Bank’s most recent AGM.

So what is driving all that growth in Public Bank over the past two decades?

1. Tight cost control. It all comes down to detail to cost and profitability. Public Bank is one of the few banks that has been consistently generating stronger and stronger profit every year. The bank has achieved that by putting strict controls on cost (hence the poorly photocopied form). Its cost to income ratio is only 32% for 2016. In comparison, most banks in Singapore has a cost to income ratio of more than 40%.

2. Rising profits. Over the past decade, Public Bank has been able to grow its net profit from RM1.7 billion to RM5.2 billion. That is an annual growth rate of 11.8%, very impressive for a large bank.

Source: Company Annual Reports

More importantly, one key reason why Public Bank has been a favourite among investors in Malaysia is due to the positive relationship between its earnings and its dividend per share.

In the past five years, Public Bank’s dividend payout ratio has been around 40% to 45% of earnings. Thus, Public Bank’s dividend tends to grow in tandem with its earnings, allowing shareholders to benefit directly from its growing profitability every year.

Source: Company’s Annual Reports

3. High return on capital. Public Bank has been able to achieve a return on asset ratio of about 1.8% for the past five years. This means for every RM100 in assets that the bank holds, it has been able to generate a profit of RM1.80.

It may seem like a very low return on asset figure, especially if you compare this to other industries like the medical or utility industries. However, for a bank that is a stellar return on capital. In comparison, its peers such as Malayan Banking or CIMB Group Holdings have been ranging around 0.75% to just 1.3% over the same period.

This shows Public Bank’s superior ability in managing its assets compared to its peers. Therefore, behind the image of an old, crowded, and chaotic firm is a highly efficient operation at work within the bank.

4. The role of the founder. The high return on capital and the low cost to income ratio can all be pointed to having a strong leader at the helm of the company. Tan Sri Teh Hong Piow continues to hold about 24% of the company, which contributes the majority of his personal wealth. Therefore, he has a very strong incentive to maintain Public Bank’s operational excellence and the dividend policy. Public Bank is one of the few banks left in Malaysia that is still managed and owned by its founding shareholders.

Expensive valuation and key man risk

All these factors have pushed Public Bank to one of the highest valued banks in the region. It still trades at about 2.3 times its book value and only offers a low yield of 2.9%. Its largest competitor, Malayan Banking, only trades at 1.4 times its book value with a 4.5% dividend yield.

Moreover, there are questions surrounding what will happen to Public Bank after Teh Hong Piow. After all, Tan Sri Teh is 87 this year and none of his children have expressed any interest in the business. Although the bank has a solid group of top managers in place for many years, it is still unclear how the bank will change when it transitions from an owner-led bank to a professionally-run financial institution.

The fifth perspective

It is easy to judge a company from our personal experiences.

Posted by supersinginvestor > 2020-12-18 14:56 | Report Abuse

The fifth perspective

It is easy to judge a company from our personal experiences. However, that could be a big mistake. My personal experience at Public Bank was not a pleasant one but if I am making an investment decision purely based on that experience, I would be making a big blunder. That is because my own experience is just a sample size of one and could be highly inaccurate.

After all, the company’s track record and financials certainly paint a much brighter picture than my experience.  Therefore, when researching on a company, always look at it from all perspectives. Your personal experiences combined with the company’s track record, financials, peer comparison, and maybe even an interview with its customers and employees will give you a much better picture of the whole operation.

Posted by Sharefisher > 2020-12-18 15:01 | Report Abuse

Good....

Posted by AllYouCanBuy > 2020-12-18 15:07 | Report Abuse

Beautiful correction today.

Posted by supersinginvestor > 2020-12-18 15:11 | Report Abuse

The best way to know about the future of a company is through its past....
For public bank the future is digital banking...maybe thats the reason for bonus is enticipating future earnings..
If topglove can give bonus cos tg boss knows future profits going up...u think tan sri teh boss give u bonus why ah??

Posted by Primeinvestor > 2020-12-18 15:19 | Report Abuse

INSTI funds busy dumping public bank to you guys, goodluck

Posted by supersinginvestor > 2020-12-18 15:20 | Report Abuse

Lol yes ah?? Sell la we buy..

Posted by Sinoboy > 2020-12-18 15:21 | Report Abuse

TG syndrome affecting PBB. Never ever say want to or hope to be number 1. Sore eyes will push you down...

Posted by Primeinvestor > 2020-12-18 15:23 | Report Abuse

same thing you can see topglove insti funds dumping heavily at RM9, retail buy buy buy now retail giving up, cut loss to foreign insti

same thing happening to recovery play, all da best!

Posted by Primeinvestor > 2020-12-18 15:25 | Report Abuse

when public ex bonus, is another time to run, just like topglove, luckily you still have the chance

Posted by faizal > 2020-12-18 15:26 |

Post removed.Why?

Posted by supersinginvestor > 2020-12-18 15:28 | Report Abuse

Lol@faizal u banyak kuat..anak jantan..hari ini maybank pun jatuh la..lol..

Posted by supersinginvestor > 2020-12-18 15:30 | Report Abuse

Topglove got bitten by pfizer not sore eyes la..wat u people talking here...

Posted by Alfonso > 2020-12-18 15:30 | Report Abuse

biasalah ni, drop sikit memanglah berpatutan, tiaptiap hari naik habis lo.

Posted by AllYouCanBuy > 2020-12-18 15:35 | Report Abuse

To be fair, all bank stocks are down today.

No bank is excluded.

Posted by Sharefisher > 2020-12-18 15:37 | Report Abuse

U turn coming.......... Last call.... Haha ha....

Posted by Primeinvestor > 2020-12-18 15:38 | Report Abuse

just see you much epf dump public bank to you guys, more aggressive than topglove, goodluck those rm22 chaser hahahah

Posted by supersinginvestor > 2020-12-18 15:41 | Report Abuse

Buy buy buy

Posted by Primeinvestor > 2020-12-18 15:43 | Report Abuse

lai eat, and bleed hahahaha

Posted by supersinginvestor > 2020-12-18 15:46 | Report Abuse

Buy more buy more

Posted by LossAversion > 2020-12-18 15:49 | Report Abuse

Buy, buy, and buy with confidence coz this is PBBank.

Posted by Jokers2020 > 2020-12-18 15:53 | Report Abuse

epf sell d next week will up up again..epf always sell low n buy high

Posted by Buylowandrun > 2020-12-18 15:59 | Report Abuse

Luckily dump 22.50 before selldown

Posted by Primeinvestor > 2020-12-18 15:59 | Report Abuse

retest 20 on monday, goodluck hahaha

Posted by Primeinvestor > 2020-12-18 16:00 | Report Abuse

lol edwin wanna be dogs supersinginvestor, stop behaving like a parlia, burn and cry

Posted by Primeinvestor > 2020-12-18 16:09 | Report Abuse

nobody condemn pbb, just telling you insti funds are selling, you can buy as much as you want, but parlia sing investor called people dog while he himself is a parlia street rat

Posted by AllYouCanBuy > 2020-12-18 16:10 | Report Abuse

@1invest1 Well said! I keep laughing at those OUTSIDERS' childish and irrelevant comments.

They enjoy putting others down because they are jealous themselves.

Posted by Sharefisher > 2020-12-18 16:10 | Report Abuse

Joke a bit is OK, if like glove Forum, all sound people stay away.

Posted by Kevin Tam > 2020-12-18 16:14 | Report Abuse

Topglove big boss is quite cocky to say may exceed Maybank in market cap in few weeks time ; Bolehland doesn’t like Maybank to lose no.1 market cap to Top or PBB... But I insist Maybank got higher value n cheaper PE n valuation than Public bank... What PBB for elite , PBB almost at RM17-23 in last 3-4 years... lowest should be RM15-16... :)

Posted by Sharefisher > 2020-12-18 16:18 | Report Abuse

Pbb 24+ highest, 12+ lowest. In last 3 years.

Posted by Sharefisher > 2020-12-18 16:21 | Report Abuse

I wish someone came here to ask me to buy at 13.........haha ha.....

Posted by supersinginvestor > 2020-12-18 16:22 | Report Abuse

Public bank listed in 1967...
Many people own its share got cos zero....

Posted by supersinginvestor > 2020-12-18 16:23 | Report Abuse

Sharefisher@ go back to.end oct begining nov n see me there saying buy target rm25

Posted by Sharefisher > 2020-12-18 16:25 | Report Abuse

I know.... Only few old hands are still here... I only dare to tell people time to collect below 16. Hahaha.....

Posted by Sharefisher > 2020-12-18 16:26 | Report Abuse

13......haha ha... Could be my lucky number in dream only.

Posted by Primeinvestor > 2020-12-18 16:34 | Report Abuse

parlia rat shouting hahahah

Posted by dusti > 2020-12-18 16:37 | Report Abuse

HI KT, SO YOU BUY MAYBANK

Posted by AllYouCanBuy > 2020-12-18 16:39 | Report Abuse

I am newbie but managed to collect below 16. Keeping for long-term.
Very grateful indeed!

Posted by AllYouCanBuy > 2020-12-18 16:40 | Report Abuse

Banks in the region are all in red. Check out Singapore, HK and China. Why do people only condemn pbb leh?

Posted by AllYouCanBuy > 2020-12-18 16:43 | Report Abuse

Please forgive them. They can't help it. That shows pbb is an eye sore to them and we know why.

Posted by koolset > 2020-12-18 16:44 | Report Abuse

Why are the bank around the world going down?

Posted by apprentice > 2020-12-18 16:44 | Report Abuse

You went around insulting others in their forum last few weeks.

Be humble. Owning PBB shares dont make you an elite. Your behaviour makes a man, not what you own.