Posted by dollardollarbill > 2024-08-28 09:29 | Report Abuse

Many companies/stocks with lousy earnings (some even losses) and lousy growth prospects are trading at expensive valuation and higher market cap than PBA.

Whereas PBA still so UNDERVALUED. It is a monopoly business (no competitors) that Warren Buffett and Charlie Munger loves to own, recurring earnings, recession proof, etc. So much more upside, in my view

#PBA

Posted by hng33 > 2024-08-28 09:31 | Report Abuse

:D)

Posted by pang72 > 2024-08-28 09:33 | Report Abuse

Mr dollar, you are Obsolutely right.
So, enjoy 40c up $2.60 today. Pray hard...
It will

Posted by pang72 > 2024-08-28 09:33 | Report Abuse

Because market will not always under value a good company

Posted by goldenhope > 2024-08-28 09:40 | Report Abuse

PBA should price at least RM3

Posted by pang72 > 2024-08-28 09:42 | Report Abuse

Agreed for $3
But, today $2.60 for my happiness

Posted by pang72 > 2024-08-28 09:42 | Report Abuse

$2.52 lo

Posted by mf > 2024-08-28 09:42 | Report Abuse

sell

Posted by pang72 > 2024-08-28 09:43 | Report Abuse

Reference to ranhill will be scary target $8.90

Posted by pang72 > 2024-08-28 09:43 | Report Abuse

Johor boleh.
Penang mesti boleh jiga:)

Posted by hng33 > 2024-08-28 09:45 | Report Abuse

RM 2.61 is previous high, once breakout, heading to RM 3.00 soon

Posted by pang72 > 2024-08-28 09:46 | Report Abuse

Ooooooo
Yeap...

Posted by troy88 > 2024-08-28 09:46 | Report Abuse

Wow, crashed like mad for few months and shoot up back to ATH in 2 days

Posted by pang72 > 2024-08-28 09:46 | Report Abuse

Easily hot lo

Posted by hng33 > 2024-08-28 09:46 | Report Abuse

PBA share is tightly held by largest 30 shareholder, control 85%, therefore, free float share in open market is very limited.

Posted by pang72 > 2024-08-28 09:47 | Report Abuse

I have faint in penang juga pba

Posted by dragon328 > 2024-08-28 09:48 | Report Abuse

wow pang72 you are so chun chun

Posted by pang72 > 2024-08-28 09:48 | Report Abuse

Woooooo

$2.60 up 40c...

Celebrate time for today target meet

Posted by dragon328 > 2024-08-28 09:49 | Report Abuse

2.60

Posted by pang72 > 2024-08-28 09:49 | Report Abuse

Go go go

Posted by pang72 > 2024-08-28 09:49 | Report Abuse

$3.00 all the way mah

Posted by hng33 > 2024-08-28 09:49 | Report Abuse

Among top 30 largest shareholder, many are from unit trust fund/investment bank, insurance, Singapore fund etc. Therefore, if any of these funds increase their shareholding, PBA share can snap up very quickly

Posted by pang72 > 2024-08-28 09:53 | Report Abuse

dragon328

wow pang72 you are so chun chun

3 minutes ago

Dragon,
I saw you here then buy in la..
You bring me good luck

Posted by pang72 > 2024-08-28 09:53 | Report Abuse

And, PBA is trun around strongly. No doubt

Posted by dollardollarbill > 2024-08-28 09:54 | Report Abuse

Might have also caught the attention of new local/foreign institutional investors. Many were previously unaware of PBA, which is the only Pure Play water utilities stock listed on Bursa Malaysia.

hng33

Among top 30 largest shareholder, many are from unit trust fund/investment bank, insurance, Singapore fund etc. Therefore, if any of these funds increase their shareholding, PBA share can snap up very quickly

2 minutes ago

Posted by hng33 > 2024-08-28 09:55 | Report Abuse

If retail shareholder known well fair PBA valuation should be PE 10x, many of these fund managers should know even better PBA value, especially judging from concession business model

Posted by pang72 > 2024-08-28 09:55 | Report Abuse

Good information..

I will check later on shareholding

Posted by mf > 2024-08-28 10:03 | Report Abuse

sell

Posted by dollardollarbill > 2024-08-28 10:15 | Report Abuse

Warren Buffett and Charlie Munger have always sought to invest in companies with monopoly-like status.

PBA's long-standing issue of low water tariffs has now been resolved, allowing for potential tariff increases every 3 years.

30 years of pent-up earnings are now being unleashed, paving the way for superior earnings growth going forward.

Posted by UnicornP > 2024-08-28 10:19 | Report Abuse

Warren Buffett - "Be fearful when others greedy" can be applied now or not?

Posted by mizieXX > 2024-08-28 10:22 | Report Abuse

no IB coverage yet? maybe they still collecting..haha

Posted by dollardollarbill > 2024-08-28 10:25 | Report Abuse

"Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble." - Warren Buffett

haha

UnicornP

Warren Buffett - "Be fearful when others greedy" can be applied now or not?

5 minutes ago

Posted by bu4567 > 2024-08-28 10:39 | Report Abuse

High earnings but dividend as usual

Posted by SyedZZ > 2024-08-28 10:46 | Report Abuse

2.49 now. Good time to collect more? Profit more than triple from 15mill to 55mill

Posted by Ravi Kumar > 2024-08-28 11:06 | Report Abuse

wow

Posted by hng33 > 2024-08-28 11:11 | Report Abuse

banking stock surge - money making business model
PBA - money making concession business model with every 3 year traffic adjustment (first implement by current gov)

Posted by hng33 > 2024-08-28 11:17 | Report Abuse

High profitability is to ensure strong cash flow to fund capex to built more water treatment plant, replace old water pipe, reduce leakage for non revenue water, which in turn increase profit. It win-win cycle

Posted by hng33 > 2024-08-28 11:20 | Report Abuse

High profitability also allow PBA to give targeted subsidy to poor household through rebate

Posted by hng33 > 2024-08-28 11:20 | Report Abuse

Finally breakout previous high level at RM 2.61. Next heading to RM 3.00 first. Uptrend confirms

Posted by mizieXX > 2024-08-28 11:21 | Report Abuse

bumbong suda picah..

Posted by hng33 > 2024-08-28 11:24 | Report Abuse

mizieXX, thanks for your previous highlight that your Penang water bill was actually start reflect new water traffic hike rate in May instead of Mar,

Posted by mizieXX > 2024-08-28 11:26 | Report Abuse

u still remember me..haha

Posted by hng33 > 2024-08-28 11:27 | Report Abuse

Many thanks

Posted by mizieXX > 2024-08-28 11:31 | Report Abuse

your welcome

Posted by stkoay > 2024-08-28 11:45 | Report Abuse

Posted by pang72 > 2 hours ago | Report Abuse

Laughing all the way to bank....

__________________________________________________________________

I guess bro pang72....laughing till legs too weak to walk to the bank.
Haha....Congratulation.
Super panlai :)

Posted by pang72 > 2024-08-28 11:59 | Report Abuse

Bro stkoay...
I can't believe my eye already..
I need to smash my head to ensure that I am not in dream now!!

Congratulations to you too...

Posted by pang72 > 2024-08-28 12:03 | Report Abuse

Many good heart readers sharing good information about PBA..
So, we can strike in the right timing

Posted by pang72 > 2024-08-28 12:03 | Report Abuse

Appreciate!

Posted by pang72 > 2024-08-28 12:04 | Report Abuse

$2.64 up 44c lo..
Breaking my target price for TODAY only...

Today only... Sia/)

Posted by hng33 > 2024-08-28 12:05 | Report Abuse

Take note PBA domestic water traffic is 2rnd lowest among all state. PBA still heavily subsidies domestic water user albeit at lower amount RM 56m compared to RM 110m before traffic adjustment. PBA have further give away free 10m3 to all domestic user for 6 months, give rise to total subsidy RM 56m + additional subsidy RM 11m.

Therefore, PBA have huge room for water traffic hike in next 3 year review and increase profit later can specially aim for targeted poor household rebate instead of to all domestic user in future.

More water traffic hike is necessary as PBA need to built more water treatment plant increase water suuply from current 890MLD to maximum level 1350 MLD by 2030.

Thereafter, additional water supply need to source from Perak-Penang water transfer after 2030, water traffic will have to hike again in line with external source of water from newly built water treatment from Perak