I have been a lover of this stock, dividend play yet have high growth. Yet today I dont know why it drop to 16.90 when KLCI is rallying. Should i buy more?

Lowyat sifu any comments?

KLCI is rallying on what basis? Maybank / MAS or any other GLC linked share went up?
PBB is a conservative investment, therefore it does not follows the current trend.
It's dividend is above average, and its growth has been slowly rising.

the reason why pbb group still can last because of owner, if he died i believe that pbb cannot last

What makes u think that this company cannot last when the founder is no longer around?

I think he means PBB(Mr Teh).
Here is PPB

This is the PPB of Mr Kuok right? If so, it is most likely due to one of their core holdings, Wilmar disclose some disappointing result in Singapore recently resulting in some downgrades in Wilmar stock. Wilmar have been beating analyst estimates for quite a significant number of quarters and this is surely unsustainable. So, such correction is bound to happen when analyst become overexcited and overaggressive on their estimates.. But, if you think this is temporary and the valuation is decent (i have no idea on this), then, you can buy more.

yeah i was thinking PBB ... i am sorry my bads

Robert Kuok is older than Teh HP.

Anyway, Kuok has been existing Malaysia scene, he transfered all the palm oil asset to Wilmar, he sold the sugar business to Felda (but Wilmar is going big into the whole supply chain of sugar), his family sold some prime land in KLCC, he sold pelangi years ago, he is in the process of selling his insuarance company, not to forget he sold his shipping business to PETRONAS if i am not mistaken.

PPB "was" long term fundlemental and it "was" used to be Kuok's group centric for sugar and palm oil, going forward i dun really see the "road" for PPB as the centric for sugar and palm oil for Kuok's group is now Wilmar.

PPB now is just holding some property landbank, tonne of cash, Golden Screen Cinema, some flour mill and less than 20% of Wilmar. So u may expect some decent div yield, but it will not be engaging anything big going forward.

For Wilmar, it is headed by William Kuok, nephew of Kuok, who is heading the whole palm oil and sugar business of Kuok group and he is a young corporate figure and very aggressive in expanding the palm oil and sugar business.

So if u still wanna invest in Kuok group, Wilmar or PPB, ur call.

Footnote: despite selling of the malaysian sugar business, Kuok's group is still involve in 10% of sugar trade world wide.

well he now owns Australia's central sugar refinery

Sifus, err...how many PPB are there in KLSE?

This post has been edited by DarkNite: Sep 1 2010, 07:43 AM

own via Wilmar

any idea PPB dropped these few days?

last friday drop 30 cents. I wonder why?

good luck for those guys for holding this company for long term
you may probably earn some dividend from it, but I guarantee you will made loss in your capital in next couple year.
the value of the stock more likely around RM 9 to RM12 if they continue to give out dividend like this way

old thread.. ur saying coming true

got hope? no hope?

This post has been edited by ProGamerCF: Oct 24 2012, 02:35 PM

I dont know the fundamrntal of the company currently.if not much change from the previous fundamental last two years, probaably it would be a good buy for long term. As always do your own homework before deciding to buy or

not.

Proposed final single tier dividend of 13 sen per share

EX-date 15/05/2013
Entitlement date 17/05/2013
Payment date 03/06/2013

An interim single tier dividend of 8 sen per share for the financial year ending 31 December 2013.

EX-date 06/09/2013
Entitlement date 10/09/2013
Payment date 27/09/2013

PPB to benefit from Wilmar’s 3Q results

PPB will benefit from the strong third quarter results of Singapore-listed Wilmar International Ltd, its 18.3%-owned subsidiary. Quarter on quarter, Wilmar’s 3Q13 core net profit surged 59% to US$391 million due to the stellar performance from its OAG division and the good growth in consumer products segment.

Wilmar China’s crush margin was strong in 3Q13 due to delayed arrival of soybeans from South America and shortage of alternative meals.

For nine months to Sept 30, Wilmar posted 9M13 core net profit of US$950 million, which Kenanga said was in line with consensus expectations as it makes up 73% of the consensus’ full year forecast of US$1.30 billion.

“PPB is poised to benefit from Wilmar’s earnings recovery as more than 60% of PPB earnings are derived from Wilmar.”

If you have money put at FD and not intend to use for another ten years, you may consider buy this stock. Need very long HOLD