a to u...
hold a stock in 13 years, u must be someone who oredy at the seashore...
i still floating in the middle of the sea

haha, i am fundlementalist, and hold for grandmother long.......

The trick is get a good counter and hold for long long time.

People spend RM 1000 in PBBANK during 1969 or 1970 oledi become millionaire. -- quote form one of PBB annual report and speech by Teh HP

RM 1000 in YTL in 1985 oledi become ~RM 140 k, this year. --- quote from Francis interview with the edge 2 months ago i think.

and the same happen with genting, IOI oso not bad.

So the trick is get a good one.

The problem now is after PBBANK, wat is the next gem ?

T______T it is too late to buy now ???
i think even if I invest 100,000 into PBBANK now and let it grow for 20 years, it is unlikely to reach 1,000,000.. *fingers crossed*

This post has been edited by mopster: Dec 25 2009, 10:40 PM

if u hv 100,000 now, dun put everything into PBB, coz Teh is in the very late 70s near to 80 yo oledi.

u can go and ask fortune teller to see how long he is going to live. kaka

100 000 to 1 000 000 in 20 years is about CAGR of ~12.22%.

Any ordinary decent good stock can do this.

IIRC YTL from 92 to now should have give you a 30 times return meaning 100k would be 3m now in capital terms without counting the dividends yet

Now public-cj so cheap. It should be price at 0.875 now. If I hold till expired, can I convert to mother share? Or can I convert to mother share now?

it is Non-Collateralised European Style warrant.

if not mistaken, conversion is done at expiry date and cannot convert to mother share.

All call warrants starts with C? are issued by third parties, usually investment banks and will be paid CASH only on conversion regardless of European or American. Your CJ falls in this category.

Only warrants that start with W? can be converted to mother share.

Correct me if I am wrong....

This post has been edited by protonw: Dec 28 2009, 11:18 PM

Public Bank has significant positive activity today, I believe the breakthrough over RM11 can be consolidated now.

all 3 pbbank cw also in attractive gearing & negative premium now.

I wonder why they want to setup CW?

People usually say that when the Teh HP retires permanently, PBBANK will suffer. Is that really true? I mean a big bank like PBBANK should have excellent succession plans. I think the problem lies in Teh HP popularity, PR skills, and is always seen as the face of the bank. His successors should start emerging out of his shadow.

tigana,

<<People usually say that when the Teh HP retires permanently, PBBANK will suffer. Is that really true? >>

So what??

If ENOUGH PEOPLE believe that, it will be an excellent buying opportunity. In fact, you want this to happen.

Dreamer

OK you are talking about buying when the price dips (resulting from other people's insecurities).

But , personally, do you think PBBANK cannot replace Teh?

Tips for u, don invest in PBB, 1985 throw all your underwear +everything to microsoft US.... huat ah

haha, i am still a kids in 1985..... onli hv money to buy gula gula.

anyway i do not buy foreign stock, just focus on KLSE onli.....

the tips here is not about wat stock ....

it is about getting a good company and invest in long term to reap the benefit .......

PBBANK is Up a lot today....is there any news?

No news, up could be due to coming announcements of quarter results as well as dividend somewhere on 20th of this month..

good, ang pow for cny.

i've been wanting to top up on this stock. anyone bought any recently?

last time i bought was when it was 10.20....a distant memory !