With the new water tariff, the basic earning per share for this quarter alone is 4.42 cents or more than double the recent dividend ( 2 cents ) given. This is one company which has no business competitors. Save for investment and much better than Fixed Deposit.
I bought some at high price and wanted to average down. Please don't promote 1st. And please don't jump my queue when the market open on next Tuesday. Tq!
The future good quarter result may trigger some strong buying from F. Managers as most of them are looking for good and strong stock to gain in the Stock Investment Game.
You wrote, and with that, hopefully it will go up some. You think it will go up and should go up some more, I also think it should go up some more, but someone out there think it's still not the time yet. So the question: when? Who to drive? You or the one who said it's still not the time yet? Me? I tried just now, but I'm just a small potato. Anyway, I still believe that it should go up some more, just a matter of time. Good luck!
Thanks Icon for sharing. Indeed PBA is a good stock. With the rate hike, the revenue will be boosted while the cost remain relatively stable. Not to mention, the water rate in Penang is still one of the cheapest, definitely a good counter with low risk.
Yes, indeed PBA is a good stock with low volumn profile and not many investors interested in this slow moving stock. Accumulate at low price and must have strong hold until the right price to let go. Just like putting your investment in the FD.
do you know what happened actually?? Revenue grow due to up in water price so it is reasonable for receivable to grow as well. For current asset and current liability is not so important because the company is receiving cash by selling water every month . This amount of potential cash flow will not be reflected in financial statement so the current liability can surely be paid by its current assets and its potential cash flow. Cash down due to acquisition of land, property,...
i think you don't understand business. Current liability means liability to pay within 1 year but that not yet count the $$ pba is receiving from additional business done in next 1 year. Furthermore, almost every company got some bank facilities for working capital.
I never said it will default. I only say it is not a good way to manage a company....if you know what I said? Like how some idxxxx manage this country....keep borrow money to spend on black hole
From the charts, it looks like the Daily Pos Volume Index, Performance and MACD is moving upward. The Weekly RSI, Aroon Oscillator and CCI is also moving upward. The handsome charts of this stock together with much better quarter result ahead will certainly??? bring this share to reach its actual fair value.
what happen to PBA such a good market sentiment overall now.... totally no volume... still haven breakthrough 1.15..... sifu Icon , need some advised from you....
pba..... just for penang small little island only. where got population growth .... want to buy water counter, buy kps-lah. Selangor area... population growth a lot... soon kps is selling the asset back at premium price. asset play now... sure untung one this counter.
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....
aft7753
118 posts
Posted by aft7753 > 2015-08-03 22:54 | Report Abuse
How You get T.P. RM1.70?? It is 52 week highest RM1.47 X 1.16 (average 16% increase from new water tariff).