So how’s the market? Public Bank on sale now.

Looks like OPR gonna cut rate based on market trading

Export theme dead fish come alive?

Trading discussions.

Tech - over saturated, fierce competition from China will drown local player

Oil and gas - neither here or there, many company still have big debt to settle

Furniture - slightly positive, still 2 more quarter to judge?

Gloves - positive, but many company still selling at a premium price

Plastic theme - I think this is better among all the above, stable oil price, low resin cost

Timber/fiberboard - many counter are trading a huge discount, value trap or big opportunity?

I think PBBANK is a bit overvalued. And with the current tough operating environment it's definitely going to go down a bit. Actually has been falling like waterfall these past few days.

Hello.

So what's your game plan?

ie for example, what's your expectation? What's your target price for this stock?

Then what's your downside risk management? Do you even have one? Or are you gonna do the drop more by more strategy?

Now you had already acknowledged that it had enjoyed higher valuation compared to peers for the longest time already. And now as you would have already known, from the earnings perspective also, growth had already stagnated for more than a couple of years already. The simplest question of course is what if earnings disappoint? Are you prepare for it?

Coupled with a current dividend yield in the low 3%, do you  really much incentive to hold this stock at current price?

Factor in the risk vs the reward, is this the best value for your money?

All stocks carries downside risk.
There are no exceptions.

Therefore, the 2% price price appreciation should not be taken as a sure thing...

Plus if you invest carries only a 3% yield, it makes no difference in investing in a money market instrument like fd.

The question again remains.... is this the best value for money?

I stressed this point as I have seen many try to play the market and hope to win just kopi money. This doesn't make sense as shares investing involves lots of money. To bet big money to make small money,  just doesn't make sense. And the bigger issue is what if the market turns or collapse? Will you dump or will you hold? Or would you put more money to support your losing position?

Me? I play to win big. If I see only small rewards, I rather stay away and wait for better looking odds offered.

I know, different strokes.. and I am just sharing some different opinions why I would shy away from a big name stock like pbbank at current prices. And if I had really wanted to, I would wait for pbbank to trade at yields over 4.5%.

3 sen.