PBA HOLDINGS BHD

KLSE (MYR): PBA (5041)

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Last Price

2.12

Today's Change

-0.03 (1.40%)

Day's Change

2.11 - 2.22

Trading Volume

1,450,500


6 people like this.

1,466 comment(s). Last comment by hng33 4 hours ago

Posted by tinyinvestor > 2016-01-19 21:03 | Report Abuse

up up ...pls giveme ang paw!...

jfanalytic

140 posts

Posted by jfanalytic > 2016-01-20 00:24 | Report Abuse

viagra is needed.

Posted by tinyinvestor > 2016-01-20 12:01 | Report Abuse

why price is going down... pba is a good company what!...

860000

208 posts

Posted by 860000 > 2016-01-20 13:09 | Report Abuse

oil price drop but pba business will not be affected. People unlikely to default payment on water

supergeng

388 posts

Posted by supergeng > 2016-01-20 15:10 | Report Abuse

big throw oh...this counter is potential to earn big money

manahin

242 posts

Posted by manahin > 2016-02-02 10:48 | Report Abuse

no worries.....

ali123

23 posts

Posted by ali123 > 2016-02-03 14:10 | Report Abuse

how come this counter stagnant there but moving

red_85

1,259 posts

Posted by red_85 > 2016-02-13 00:33 | Report Abuse

collection mode at support 1.21..MACD divergence liao...monitor this for shooting back to 1.36 resistance soon

aft7753

103 posts

Posted by aft7753 > 2016-02-13 22:18 | Report Abuse

It looks like the formation of first monthly w-shaped for PBA is still defensively intact and may be PBA is waiting for the right time to perform the last 2 uptrend waves together with good QRs in 2016 ???

red_85

1,259 posts

Posted by red_85 > 2016-02-17 15:57 | Report Abuse

thanks for the info, zefftan..pba is really an undervalue and and safe stock to park your money in current unstable market

zefftan

173 posts

Posted by zefftan > 2016-02-18 13:13 | Report Abuse

You're welcome

860000

208 posts

Posted by 860000 > 2016-02-19 16:50 | Report Abuse

pba seems strong recently together with faiz subri.. haha.. pba is the sponsor of penang team.. hope pba continues :D

sbzk

805 posts

zefftan

173 posts

Posted by zefftan > 2016-02-22 11:55 | Report Abuse

Hit 1.30 today . Gambateh

Posted by JamesBond0007 > 2016-02-23 18:04 | Report Abuse

Profit announced. Yearly profit up more than 50% vs last year's.

Posted by JamesBond0007 > 2016-02-23 18:29 | Report Abuse

EPS = 11.48sen

Posted by JamesBond0007 > 2016-02-23 18:41 | Report Abuse

So, in my humble opinion, it's worth at least RM 1.80

MuttonCurry

1,192 posts

Posted by MuttonCurry > 2016-02-23 18:42 | Report Abuse

Good company but no volume ... how to goreng to rm1.80. Only buy for dividend not for speculation

Posted by JamesBond0007 > 2016-02-23 20:09 | Report Abuse

Profit up 50%, Price up 50%
Current price RM 1.30 up 50% = RM 1.95
That's the logic

Posted by JamesBond0007 > 2016-02-23 20:18 | Report Abuse

So, nothing to goreng. Just mathematics and fundamentals.
Let's see the market's vote on the price in the following weeks.

Posted by JamesBond0007 > 2016-02-23 20:20 | Report Abuse

Anyway, that's just an opinion

zefftan

173 posts

Posted by zefftan > 2016-02-23 22:54 | Report Abuse

There is a "origination and reversal of temporary differences" that we need to take a look
It consumed up to an amount of extra tax of 5.4million tax since Q3

Anyone can explain more in detail?

Thanks

aft7753

103 posts

Posted by aft7753 > 2016-02-23 23:31 | Report Abuse

As for 23.2.2016 (i) PBA has just touched IPO RM 1.30 ( may be = Offside ball standard )

(ii) Yet to break 52 weeks high of RM 1.47 ( @ normal ball standard )

(iii) Yet to reach 5 years high of RM 1.67 ( high standard ball )

(iv) Hardly challenge the historical high of RM 2.09 ( @ bananas kick standard )

Hopefully PBA will form quite a real, impressive and defensive 1st monthly w-shaped chart ( @ bananas kick standard ) after listed for more than 13 years in KLSE together with good QRs and last two strong uptrend waves in 2016.

860000

208 posts

Posted by 860000 > 2016-02-24 09:10 | Report Abuse

c) Impairment
During the year ended 31 December 2015, a subsidiary company has impaired its assets
amounting to RM6.28 million for Sungai Prai pumping station and Sungai Prai Raw Pumping
Mains - not in use and there is no plan to revive the asset. (31 December 2014 : a subsidiary
company has written back the impairment of its assets amounting to RM140,000)

860000

208 posts

Posted by 860000 > 2016-02-24 09:30 | Report Abuse

If dun count that one-off impairment, quarter result should be near to 14 million ringgit

joni

1,224 posts

Posted by joni > 2016-02-24 09:35 | Report Abuse

result is ok

zerocool7199

1,226 posts

Posted by zerocool7199 > 2016-02-24 09:40 | Report Abuse

Result not bad why dropping??

860000

208 posts

Posted by 860000 > 2016-02-24 09:56 | Report Abuse

Some people dun understand why so less profit. They expected much higher (i.e. profit before one-off impairment)

10bagger10

1,007 posts

Posted by 10bagger10 > 2016-02-24 13:39 | Report Abuse

Ciput dividend yield...

noobnnew

973 posts

Posted by noobnnew > 2016-02-24 13:47 | Report Abuse

This counter ok ok only. Due to own by Pg government mostly so it will not actively traded. Therefore, for the price to fly it really need a huge improvement on net profit.

Posted by JamesBond0007 > 2016-02-24 16:26 | Report Abuse

It's been mentioned that the impairment is a one time deal kinda thing.. Without that, can we assume the profits to be much higher next year? Unless everyone stops using water

860000

208 posts

Posted by 860000 > 2016-02-25 09:08 | Report Abuse

Can assume so. Unless every quarter got impairment. Furthermore, 1 of the possible positive news is that the expansion dam project that started since few years ago suppose to be finish around mid 2016. So hopefully that capital expenditure can slow down a bit

zefftan

173 posts

Posted by zefftan > 2016-02-25 10:14 | Report Abuse

The main factor that drive down the profit in the later Qr is not the impairment of the asset, it's the tax.

Tq

860000

208 posts

Posted by 860000 > 2016-02-25 11:14 | Report Abuse

zefftan is right on the "origination and reversal of temporary differences" is contributing part of the reduced earnings by 2.83 million during latest quarter. I have not much idea on what is the tax about but the impairment is clearly one-off charges that cost 6.28 million. I do not understand if 6.28 million is smaller than 2.83 million.

zefftan

173 posts

Posted by zefftan > 2016-02-25 11:17 | Report Abuse

Boss, FYI the depreciation charges has been going on every year every quarter, it's not unusual

860000

208 posts

Posted by 860000 > 2016-02-25 11:25 | Report Abuse

ok. I just realised that the impairment 6.28 million is total amount from Jun to Dec 2015 but i have never seen other impairment during year 2014. why do you say it is every quarter?

tigerboy

21 posts

Posted by tigerboy > 2016-02-25 13:38 | Report Abuse

I believe some investors was dissappointed that PBA does not announce a bigger dividen. The cash flow of PBA is still poor with RM109 millions new purchase of plant and equipment for financial year ending Dec2015. However the cash flow of PBA will improve significantly in year 2016 because the contracted capital expenditure has drop from RM 81 millions (year 2015) to RM 57 millions for year 2016. Hopefully this will translate into better dividen for finance year 2016 from the dividen rate of 3.75% per share for financial year 2015.

860000

208 posts

Posted by 860000 > 2016-02-25 13:59 | Report Abuse

zefftan misunderstood my meaning. depreciation and impairment are different items. Depreciation is normal to appear every quarter/year while impairment just one-off unless there are more to come.

zefftan

173 posts

Posted by zefftan > 2016-02-25 22:44 | Report Abuse

sorry boss 860000 , i misunderstood your sentence. you're right :-)

zefftan

173 posts

Posted by zefftan > 2016-02-25 22:49 | Report Abuse

although the prospect n visibility is ok, but i think as what tigerboy said, most of us are disappointed by the dividend payout. :-( T_T
The mengkuang dam project will be delayed to mid 2017
http://www.themalaysianinsider.com/malaysia/article/mengkuang-dam-expansion-project-delayed-for-another-year-says-penang-cm

tigerboy

21 posts

Posted by tigerboy > 2016-02-26 09:05 | Report Abuse

More than 80% of Penang’s treated water comes from the Sungai Dua WTP today. Its
expansion has also helped Penang to record one of the highest treated water reserve
margins in the country, as noted by National Water Services Commission (SPAN) CEO
Dato’ Mohd. Ridhuan bin Ismail on 19th November 2015,”
As quoted at end of page 1 of 2 at:
https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&uact=8&ved=0ahUKEwj0vtSUmJTLAhVPjo4KHWjQDNkQFggnMAE&url=http%3A%2F%2Fwww.pba.com.my%2Fpdf%2Fnews%2F2015%2F26112015_PBAPP_PR_CAFEO_2015-Awards_3A.pdf&usg=AFQjCNEUUYRRhXs5dlUVLYurGWfywrk2iQ&sig2=GZksu5dMNqYRYVgOrouR6w

The capital expenditure of PBA will drop very significant this year specially with the delay in Mengkuang Dam. The capital expenditure of more averagely more than RM 80 millions yearly for the last 5 years has given PBA the highest treated water reserve margins in the country. There is just no reason why capital expenditure will be high in the next few years. PBA at yesterday last traded value of RM1.22 is definately a excellent buy. With lower capital expenditure, the dividen increase of PBA will surely lift the share price up. However will have to wait patiently for the next 3 months to see the 1st fruit.

Posted by JamesBond0007 > 2016-02-26 10:52 | Report Abuse

Yessir, I say that PBA is on the right track going forward.. Fully agree with you!

Posted by Low Shen-Cheang > 2016-02-26 12:27 | Report Abuse

PBA run like a charity, the give 10,000 ringgit to one footballer this month for good show. On the other hand they pay 3% yield and keep the rest as reserve. Better put money in FD.

manahin

242 posts

Posted by manahin > 2016-02-26 16:44 | Report Abuse

.....mat sabu medical bill also paid by PBA. hahaha!

860000

208 posts

Posted by 860000 > 2016-02-29 10:16 | Report Abuse

now only i realised mengkuang dam expansion delayed to mid 2017... previously kept thinking mid 2016

D7zul

155 posts

Posted by D7zul > 2016-03-01 19:55 |

Post removed.Why?

10bagger10

1,007 posts

Posted by 10bagger10 > 2016-03-01 20:54 | Report Abuse

This share i think is must have... but on a more reasonable yield. If dividend payout x increase... means that...

10bagger10

1,007 posts

Posted by 10bagger10 > 2016-03-01 20:55 | Report Abuse

Y cut lost 1.17... buy at 1.17 instead if u want to cut lost @ that price might be a better idea?

Posted by rover618 > 2016-03-07 15:33 | Report Abuse

Does anyone know how to contact PBA investor relations ? Their website does not seem user friendly or transparent . Most KLSE companies are transparent and easy to access but not PBA.

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