Posted by Valuedude > 2019-05-21 09:16 | Report Abuse

this counter dead already?

Posted by mobidick > 2019-05-28 15:48 | Report Abuse

Anyone knows why pba having high depreciation/depletion value in cashflow? It keep happening once awhile. Water business have such high depreciation asset? what asset is that? filter tech?

Posted by k3nthiew > 2019-05-31 17:12 | Report Abuse

Hopeless management and BoD... using PBA's money to serve penang citizen and archieve their political objective

Posted by k3nthiew > 2019-05-31 17:14 | Report Abuse

CEO is really hopeless... giving nonsense answer during AGM Q&A section

Posted by Valuedude > 2019-06-13 10:02 | Report Abuse

Penang attracted approved investments worth RM8.8bn in the manufacturing sector in 1Q19, up 763% from RM1.02bn in 1Q18 and already surpassed the full year 2018 approved investment of RM5.8bn, Of the total investments approved in 1Q19, FDI accounted for RM8.47bn, while the rest was domestic investment, Chow said. (Edge)

no wonder water consumption very high. however, they do nothing to increase the price -.-

Posted by sohaitrader > 2019-06-21 15:21 | Report Abuse

cb counter PBA i all in liao and stuck for nearly 1 year hahaha

Posted by Cockroach Paul Lee > 2019-07-29 19:45 | Report Abuse

This PBA is charity stock lai... amitofu... contributes to Penang society.... well done... but nothing for investors
Haha... amen
Syabas...
Arigato...
Kokuncup
功德无量

Posted by Valuedude > 2019-08-29 09:21 | Report Abuse

good result also price does not move..

-vested-

Posted by k3nthiew > 2019-08-29 14:51 | Report Abuse

Superb quarter result... but tats the nature of the business... increasing demand when there are higher population and FDI. Good business manage by a hopeless management and lead by politician... but they tot they did good job...

Posted by k3nthiew > 2019-08-29 14:57 | Report Abuse

Company with good profit and prospect... but they keep the monies for capex to provide good quality of water (but NRW still increasing) and to avoid water rationing... pay them self fat salary by screwing the shareholder's interest (increase salary by 16% on 2018, but dividend to shareholders drop to 3.75 sen from 4 sen

Posted by k3nthiew > 2019-09-10 09:07 | Report Abuse

https://www.malaymail.com/news/malaysia/2019/09/08/new-water-tariffs-for-all-states-in-the-offing-says-minister/1788471

Posted by Valuedude > 2019-09-10 10:08 | Report Abuse

finally!

-vested-

Posted by yangxi > 2019-09-10 10:36 | Report Abuse

soon will climb RM2.00 TP

Posted by Valuedude > 2019-09-12 12:53 | Report Abuse

http://www.pba.com.my/pdf/news/2019/20190115_PBAPP_Tariffs_116_Below_National_Average_v2.pdf

not sure why people dont get this

-vested-

Posted by Santiago > 2019-09-24 17:39 | Report Abuse

Anyone know the status of Raw Water transfer from Perak to Penang? Has it been approved? Will PBA gain from this?

Posted by k3nthiew > 2019-10-10 16:39 | Report Abuse

https://www.thesundaily.my/local/water-tariffs-to-be-raised-next-year-MI1468284

Posted by k3nthiew > 2019-10-10 16:40 | Report Abuse

Get ready for the RUN... price run ;)

Posted by k3nthiew > 2019-10-11 09:26 | Report Abuse

KUALA LUMPUR (Oct 10): A water tariff setting mechanism (TSM) is expected to be implemented next year following the Cabinet's approval, said Water, Land and Natural Resources Deputy Minister Tengku Zulpuri Shah Raja Puji.

He said the proposed tariff increase would be minimal, between 0.06 sen and 0.71 sen per 1,000 litres, which is lower compared to other utility charges such as electricity, gas and telecommunications.

Posted by Valuedude > 2019-10-11 11:26 | Report Abuse

current water tariff in penang is 0.32. if it increases by 6 cent (lowest range increases), then it is 18.75% increase already!

-vested-

Posted by k3nthiew > 2019-11-01 15:49 | Report Abuse

https://themalaysianreserve.com/2019/05/14/water-tariff-rate-to-increase-by-year-end/

Is year end now... is this going to postpone??

Posted by Lee Francis > 2019-11-06 16:39 | Report Abuse

...this is a time bomb....when you least expect it the announcement will come...and it will kaboom!!!

Posted by yangxi > 2019-11-06 16:53 | Report Abuse

lai liao

Posted by Valuedude > 2019-11-26 17:21 | Report Abuse

result is affected by MFRS15, fundamentally stil looks ok. but it is obvious that the directors don't put effort to explain that.....

looks like a long term game

-vested-

Posted by yangxi > 2019-12-03 11:49 | Report Abuse

https://www.thestar.com.my/metro/metro-news/2019/11/29/pbapp-keen-to-recycle-the-waste-following-the-dutch

eh..pba when want increase water tariff penang ahhh.. must follow johor rate.

Posted by Hawk Eye > 2019-12-03 11:53 | Report Abuse

Its in good move slowly..but gd..

Posted by yangxi > 2019-12-06 10:26 | Report Abuse

ppl waste too much water .. please increase water tariff ..haha

Posted by k3nthiew > 2019-12-06 11:46 | Report Abuse

Penang water tariff is so low, half of the nationwide average only, new tariff should at least meet that level, than, all PBA shareholders will huat huat!!

Posted by LouiseS > 2020-01-27 13:58 | Report Abuse

PBA's main business segment is on providing water supply to Penang state consumers.

PBA's earning performance has been overall fluctuating in last five years, whereby its earning per share overall fluctuated from -31.25 sen to 18.66sen. PBA pays dividend consistently in the last five years, whereby dividend per share ranged from 3.5 to 4 sen per share. In FY2018, total dividend paid to shareholders was 4 sen per share, amounting to a dividend yield of 3.67%. Currently the P/E ratio is ~-3.49. In FY2018, PBA recorded a loss after tax of RM103.43 million due to the recognition of RM137.60 million in unabsorbed RA as a tax liability.

https://louisesinvesting.blogspot.com/2020/01/comments-on-pba-holdings-bhd-5041.html

Posted by Valuedude > 2020-02-28 17:35 | Report Abuse

accounting treatment really messed up the number. cash flow from operation is still strong though

-vested-

Posted by XXXvalue > 2020-04-17 16:59 | Report Abuse

pba shud distribute the cash holding (as special div) to s/holders in this hard time. All glc's with large cash hoard shud do the same as this will really help the govt (the largest share holder).

Posted by k3nthiew > 2020-07-03 12:02 | Report Abuse

A company run by a group of idiot... what can you expect?

Posted by meerkat0078 > 2020-11-25 11:16 | Report Abuse

Buy now... Cash rich company.

Posted by Icon 888 > 2022-02-15 02:30 | Report Abuse

Lim guan eng no power leh

Posted by Icon 888 > 2022-03-10 16:32 | Report Abuse

Bye bye

Posted by Icon 888 > 2022-07-14 01:10 | Report Abuse

Cash is king

Posted by yangxi > 2022-11-29 19:12 | Report Abuse

finally they increase water tariff for non domestic sector.

Posted by ismadi6601 > 2022-11-30 11:11 | Report Abuse

Perbadanan Bekalan Air Pulau Pinang Sdn Bhd (PBAPP) will implement the new water tariff adjustments that have been gazetted for the non-domestic and special categories from Jan 1, after the Ministry of Environment and Water (KASA) gazetted the water tariff review on Aug 1.

Posted by ismadi6601 > 2022-11-30 11:11 | Report Abuse

Apart from non-domestic tariffs, tariff adjustments also involve special categories such as houses of worship/welfare, government premises, higher education institutions and shipping.

Posted by ismadi6601 > 2022-11-30 11:11 | Report Abuse

users in this category are expected to experience changes in their monthly water bills depending on their respective monthly water usage

Posted by ismadi6601 > 2022-11-30 11:12 | Report Abuse

he adjustment was based on the Tariff Setting Mechanism (TSM) developed by the National Water Service Commission (SPAN), which is a systematic, fair and transparent tariff setting mechanism, to ensure that the national water service industry achieves long-term sustainability.

Posted by ismadi6601 > 2022-11-30 11:12 | Report Abuse

additional funds obtained will be reinvested to fund capital expenditure (capex), especially for the PBAPP Raw Water Contingency Plan 2030 (RWCP 2030) project.

Posted by ismadi6601 > 2022-11-30 11:12 | Report Abuse

As the only water supply operator for Penang, he said this tariff adjustment is very important for PBAPP, so that the upgrading of the water supply infrastructure can be implemented to meet the demand for water supply of users in a sustainable manner.

Posted by ismadi6601 > 2022-11-30 11:12 | Report Abuse

RWCP 2030 has been planned in the period from 2022 to 2025, involving several projects including phase 2 of the Sungai Dua Water Treatment Plant (WTP) Sedimentation Tank Upgrade Project, Package 12A of the Sungai Dua WTP, the distribution pipe from the Sungai Dua WTP to Butterworth, and the distribution pipe from Macallum to Bukit Dumbar

Posted by ismadi6601 > 2022-11-30 11:13 | Report Abuse

PBAPP advises users to use water resources wisely and to install water saving devices (WSD) in their respective premises, to reduce water consumption and ensure sustainability.

Posted by k3nthiew > 2023-01-26 09:19 | Report Abuse

Time to relook into PBA now. With the increased tariff for non domestic or commercial users drastically higher than the old rate from 1 Jan 2023, it will boost 40m-60m to PBA top line

Posted by k3nthiew > 2023-01-27 09:30 | Report Abuse

https://www.nst.com.my/news/nation/2022/11/856060/penang-water-tariffs-be-adjusted-non-domestic-consumers-jan-1

Posted by k3nthiew > 2023-01-27 09:31 | Report Abuse

Seems like lot of people not aware PBA has hike their water tariff

Posted by k3nthiew > 2023-01-27 09:32 | Report Abuse

Market will surprise after the 1Q2023 result

Posted by bfmklm > 2023-01-28 00:24 | Report Abuse

@k3nthiew - wonder how do u get 40m - 60m figures ? As I know the tariff impact commercial which only contribute 30% of the revenue & the quarter revenue range 82m++. Appreciate your input if I overlook something else ??

Posted by tigerboy > 2023-01-30 21:27 | Report Abuse

k3nthiew estimation of 40 - 60 millions in revenue increase per year is correct. Per PBA-AR2021 page 101 of 256, trade consumption account for 36% in term of total water volume. Since the tariff for trade consumption is much higher than for domestic consumption, the actual revenue from trade consumption is much higher than half the total revenue of PBA. Taking the revenue of PBA for last 4 quarters of 340M, the revenue from trade consumption is higher than 170M (based on 50% of total revenue). Since the trade water tariff had increased by more than 25%, the increase in revenue will be 25% of 170M = 42.5M minimum. This figure is very conservative because these figure do not include the China mainland tourists which are expected to return in millions (per normal year) to Penang this year which will increase the trade water consumption very significantly.