Posted by 860000 > 2016-03-07 20:30 | Report Abuse

Seems like only Penang government can earn from PBA?
http://www.thestar.com.my/business/business-news/2016/03/07/penang-doubles-water-operators-raw-water-intake-fee/

Posted by k3nthiew > 2016-03-07 22:55 | Report Abuse

rover618... u seems dun even knw which website to go...

Posted by k3nthiew > 2016-03-07 23:00 | Report Abuse

pls check properly b4 u blame

Posted by k3nthiew > 2016-03-07 23:01 | Report Abuse

www.pbahb.com.my

Posted by XXXvalue > 2016-03-08 09:49 | Report Abuse

oh my ...!

Posted by 860000 > 2016-03-08 12:21 | Report Abuse

luckily i sold PBA last week. May come back to PBA only if price vy low.. Not very attractive due to Penang government sucking $$

Posted by smartscore > 2016-03-08 14:10 | Report Abuse

Next GE I will kick LGE out from Penang!

Posted by zerocool7199 > 2016-03-08 15:45 | Report Abuse

Tax increase..lol

Posted by 860000 > 2016-03-08 17:05 | Report Abuse

If Penang government want $, they can choose dividends. But instead they chose like this sucking method. Means they really dun take care of shareholders

Posted by leslieyong77 > 2016-03-08 17:38 | Report Abuse

ya lo 860000

Posted by MuttonCurry > 2016-03-08 17:42 | Report Abuse

Avoid. Will drop further. The New Cost will impair dividend yield.

Posted by Up_down > 2016-03-08 17:44 | Report Abuse

Penang government really sucks and ignoring interest of minorities PBA. They just wanted to increase the raw water intake as they wish.

Posted by zerocool7199 > 2016-03-08 19:01 | Report Abuse

Will drop further..below rm1 is good bargain

Posted by Up_down > 2016-03-08 19:38 | Report Abuse

It's very likely the share price to trade below 1.00 as profit would be reduced by around 20% per annual as a result of new rate implementation.

Posted by shazali6609 > 2016-03-09 01:31 | Report Abuse

wont affect much, the report is too over...wait for next quarter report then you will know. earn 15m give 4-5m stil got 10m...if price around rm1, really good price to buy in...

Posted by 860000 > 2016-03-09 06:25 | Report Abuse

Based on the estimated production volume for the period from Jan 1, 2016 to Dec 31, 2018, PBAHB said, the annual water intake fee to be made payable by its unit Perbadanan Bekalan Air Pulau Pinang Sdn Bhd (PBAPP) to the state government was about RM61.5mil for three years.

Posted by 860000 > 2016-03-09 06:26 | Report Abuse

60m x 3 years
15m per quarter?
Pba where got earnings left after 15m?

Posted by manahin > 2016-03-09 08:18 | Report Abuse

AARRGGH.....SNEAKY LGE!

Posted by ali123 > 2016-03-09 09:31 | Report Abuse

61.5m /3/4 = 5Mil/quarter only right..where got 15m bro

Posted by 860000 > 2016-03-09 09:54 | Report Abuse

The english is unclear. 61.5mil for 3 years should be interpreted as 61.5m total for 3 years or it seems able to be interpreted as 61.5m per year for 3 consecutive years

Posted by 860000 > 2016-03-09 09:55 | Report Abuse

61.5m per year divide 4 = 15

Posted by Up_down > 2016-03-09 09:56 | Report Abuse

LGE just wanted to suck money out of PBA to cover its budget and refuse to share with minority shareholder by paying out through dividend. dump down

Posted by Up_down > 2016-03-09 10:13 | Report Abuse

asdf. At least more than half of the politicians are sittig on the board. They can actually to take money out of PBA in a nicer way. Ie increase the raw water intake by 33% and the remaining pay through dividends. This LGE seemed doesn't know give and take rule.

Posted by Longchar Low > 2016-03-09 10:14 | Report Abuse

The total raw water intake fee incurred by PBAPP for the financial year ended Dec 31, 2015, was RM8.409mil. Even double up from 3 cent to 6 cent, the most is RM16 mil per year,

Posted by Longchar Low > 2016-03-09 10:17 | Report Abuse

May be penang state will use this as a reason to raise water Tariff soon as the cost of production of clean water already increase by 100%

Posted by cybermen35 > 2016-03-09 10:53 | Report Abuse

cost transfer only .. No big deal ,,

Posted by smartscore > 2016-03-09 11:04 | Report Abuse

Yes, Longchar Low, perhaps water tariff will be increase soon... KNS!

Posted by 860000 > 2016-03-09 13:20 | Report Abuse

water tariff should long time increased la.. how can water be so cheap relative to other states?

Posted by asdf > 2016-03-09 16:20 | Report Abuse

pba is a business entity.
If government wants to please the voters they should follow what selangor is doing.

Posted by Terence Chin Yun Peng > 2016-03-11 09:41 | Report Abuse

this one is really good counter.. direct privatisation la ..haha

Posted by 10bagger10 > 2016-03-12 00:19 | Report Abuse

Any one still dream of higher div ? U sure? Sure or not? Got a lot of share buy at high price stuck with yield less than 3 percent?

Posted by chamlo > 2016-04-17 10:02 | Report Abuse

Massive water crisis threatens nation
http://www.thestar.com.my/news/nation/2016/04/16/massive-water-crisis-threatens-nation-water-levels-at-rivers-and-dams-dropping-acutely-by-the-day/

Posted by han98134 > 2016-04-19 10:24 | Report Abuse

After pg gov rise the water intake fee, pba earning had drop till like last time when water fee not yet rise.PBA pe most of the time is around 10, expect it eps around 0.09 ~ 0.10 per year after increase water intake fee. Share price around RM 1.00 I just can said pass 3 qtr earning results just let invester happy for a while only. Politicians all can't trust, just want suck money from citizen

Posted by shazali6609 > 2016-04-22 04:11 | Report Abuse

big deal coming soon

Posted by ali123 > 2016-04-25 09:07 | Report Abuse

any news?

Posted by andyvin07 > 2016-04-29 11:47 | Report Abuse

good dividen 4%....better buy PBA share rather than keep money in bank.....

Posted by avanza > 2016-05-03 12:51 | Report Abuse

stock guru bought PBA http://investips.my/?q=company&field_shareholder_tid_1=FONG+SILING&field_symbol_tid=&items_per_page=50

Posted by biggerdick > 2016-05-10 22:27 | Report Abuse

looks like fongceiling holding all the Holland stocks

Posted by Yuming > 2016-05-11 16:37 | Report Abuse

No movement at all,,, what's happening?

Posted by moneySIFU > 2016-05-13 02:42 | Report Abuse

See below for why no movement

--------------------------------------
Kian Leong Lim Waste of time counter, political counter, take care citizen take care of company employees take care of political allies, the shareholders take care last. So, no need to see this counter.
23/03/2016 12:04

Posted by moneySIFU > 2016-05-13 11:47 | Report Abuse

Wonder why Cold Eyed bought this stock.

Posted by Yuming > 2016-05-17 17:17 | Report Abuse

Engine start, finally

Posted by chiongster1234 > 2016-05-17 21:05 | Report Abuse

:))

Posted by Yuming > 2016-05-17 21:30 | Report Abuse

Join in n enjoy the dividend

Posted by asdf > 2016-05-18 07:04 | Report Abuse

kacang putih dividend

Posted by Yuming > 2016-05-21 22:18 | Report Abuse

This stock consider dividend stock, what r u expect...lol

Posted by asdf > 2016-05-22 07:26 | Report Abuse

Dividend at 3.5 cents.
What is your DY?

Posted by ali123 > 2016-05-25 08:08 | Report Abuse

wow...quarter result out alr..nice report

Posted by sbtan624 > 2016-05-25 13:43 | Report Abuse

Can someone help me to understand why this counter with NTA=2.29, PE=8.9, closed at 1.13 only?

Posted by jeje > 2016-05-27 13:35 | Report Abuse

:)