I re check thru last 5 yrs and it was RM 1.23 on May 20,2011 . When was it RM 1.80 .? I may hv missed that.I started buying in Aug,2013 abt 89 cts . ALL KL water related counters sudah naik! Why not PBA ??? Why Not ??
Manahin,where u found this data ?Can share ? I got the 5 year data from this website. Thanks in advance
Minion, Penang no sharks ? Today,market is sooooo good yet traded as no change. Vol begining to show. Maybe they are importing KL sharks ? I think it is a no risk counter. I sudah committed to this counter. year high 1.04/05 will breach and may go to IPO price of 1.30....all people must hv water......
I support LGE but when talking in terms of investment, PBA not a good one. I did study some water related sector, although PBA claims to be well managed co. but the IPO was 1.30 listed in 2002, till today, those small investor still making losses. Compared to Puncak, which I don't like in terms of foundamental, eg. co. operation, politic, etc, but in term of investment it did give us great return compared to PBA. I once accum PUNCAK when it break RM1but anyhow sold all when reach RM2. So, we really have to think probably & sometime is not about a good company......not sure you agree, it's just for sharing....
well as simpletons, we need to invest in good companies that wld share its profits with its investors. As for my self, how else do i invest ? I really dont know how.....i use EPS, i measure capital growth yearly then i buy and wait. My goal, 30 pct on what i invest per year ...
big sharks need BOD cooperation when they carrying out their plan... there should be no sharks in PBA... the BOD is LGE, which should not dare to do so since their policy is anti-corruption
Please don't get me wrong. Both Lim Kit Siang & Lim Guan Eng are upright leaders. I personally saw them driving an old Japanese Car in KL many years ago. The people of Penang are blessed with such leaders.
Penang enjoyed one of the lowest water tariff in M'sia. We bought both Ranhill Utility Berhad & PBA years back. RUBHD at RM1.20 & PBA at RM1.20. Both trading at same price in year 2006 - 7 years ago. RUBHD has been taken private by RANHILL BHD at RM3.00. An increase of RM1.80!
But our investment in PBA has dropped below RM1.00. Why? Because PBA's water tariff is very low. Small profit equals small dividend for investors. You can get a car washed in Penang for RM5 to RM8. In Johor Car Wash prices can go from anywhere between RM10 to RM25.
Water is expensive due to high tariff. SAJ earns so much profit that Ranhill quickly took it private. i RUBHD price rose from RM1.20 to RM3.00 If it is listed today its share price could be above RM6.00.
Not so for PBA, instead its price went down from RM1.20 to even below 90 cents at one time. So enjoy the low water rate in Penang. But investing in Penang Water utility company is another matter.
After so many disappointing years in PBA we finally found A GREAT BUY! PM CORP has High NTA, CASH RICH, A RECESSION PROOF FOOD BUSINESS & BEST OF ALL- PM CORP IS GIVING A CASH PAYOUT SOON.
PBA has the least NRW and is the best managed water utility company in Malaysia by far. It also charges the lowest tariffs in the country, all while making a healthy NPM of >10%. Good net cash position and very healthy cashflows.
It also has a very sound, transparent and accountable management team. Shareholders will definitely be rewarded.
should be, just a matter of timing. have been holding since 2008. so long as PBA is making profit and giving dividends twice a year, i find no reason to dispose it. waiting for special dividend, don't mind to wait for another 5 years. yes, you might say how many ten years do we have. haha, I'm thinking if I can't enjoy it, just give it to my children. if i don't get capital appreciation (which i don't believe it won't appreciate), at least i got peace of mind.
PBA was named water services operator for the year by the Ministry of energy, green technology and water in the inaugural KeTTHA Industry Awards on 21/11/2013.
PBA's key performance indicators (KPIs) in 2012 include:- 1) 100% urban and 99.7% rural supply coverage; 2) Treated water quality that complies with the "National Water Quality" standards set by the Health Ministry; 3) 17.6% non-revenue water (NRW) the lowest in the country as compared to the national average of 36.4% (less than half); 4) The lowest domestic tariffs for consumption of up to 35,000 litres per month. However, the lowest domestic tariffs have unfortunately led to the highest per capita consumption in Malaysia - 302 liters/capita/day; and 5) 92.4% bill collection efficiency.
Yes, with more profits on hand, PBA should be able to give out higher dividends to all its loyal investors who has supported PBA through out all these years.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
4u2c
3,553 posts
Posted by 4u2c > 2013-09-17 16:45 | Report Abuse
losing water pressure again......