huh?? klse open in year 2007?

Pana,
Ur goose product golden egg again today +10 sen. All the forumers are monitor ur goose..

lol SKY 1980, you may do the same thing to your child, too

PBBANK : 11.60
PBBANK-O1 : 11.80

Buffet started his first stock at the age of 11 with his sister, with Coca-Cola at around USD 3 if I remember correctly

Do you believe the act of good karma ? If you do something good to the people, it will bounce back to you in the future in greater numbers.

Keep up all the good works

This year is Superb for boar or pig, just heard from my fm .

{p/s .. do not suggest you to play contra.}

This post has been edited by SKY 1809: Feb 5 2008, 09:03 PM

oh yah, age of 11


haha i am also a fans of MYFM!
yesh yesh, prosperity year, for everyone

10 sen a day, RM15 by year end... everyone happy

On Monday, Primus inked an agreement to buy a 20.2% stake in EON Capital Bhd (EON Cap) for a whopping RM1.337bil, or RM9.55 a share, from DRB-HICOM Bhd unit, HICOM Holdings Bhd

In Year 20xx. SKY expects Pana & Co to buy a 20% stake of PBank at RM 20 per share.

This post has been edited by SKY 1809: Feb 6 2008, 08:57 AM

Considering that EPF owned RHB and EPF has interest up to 10% in PBB, maybe EPF might be interested to make PBB another GLC.

Can pay more with Rakyat's monies and pay peanuts as dividend to Rakyat.

eric.tangps,

When that happens, I will SELL ALL my PBB stocks.

Dreamer

Dreamer,

What is the price of MayBank and CIMB ? Ponders.

Of course you should not consider the other EPF owned company - MBSB.

Maybe there should not be GLC at all to ensure a healthy business enviroment.

eric.tangps,

I consider all GLCs as untouchable for investment. Too much political risk. I had burnt by UEM and I promised myself to NEVER to be burnt by GLCs.

<<Maybe there should not be GLC at all to ensure a healthy business enviroment.>>

GLCs are fine if they are ran with Singapore GLC's management style and they are not 90+%.

Dreamer

I have some investment in PBB, Magnum, BJToto and PBA. Eyeing to purchase LPI and more of PBB shares right now, any tips on when to go in? Before or after dividend ?

Looking to expand my investment horizon since I am currently split my investment in shares & unit trusts.

I would only go into LPI ex-dividend, as discussed earlier.

Pbbank seems quite stable, not much turbulence.

But dunno which one to buy, the Pbbank or Pbbank-01 ??

If both same price, which one better buy leh??

if given a second chance, i'd take the PBBANK-O1

Pana,

Do you mind to kindly explain a little why you prefer Pbbank-01 against Pbbank please?

With my limited knowledge, i just guess that foreign (pbbank-01) normally is 20-30sen higher than pbbank normal share. Am I right?

Local Malaysian ppl will buy Pbbank and foreigner/foreign fund will buy Pbbank-01.... betul kah ?

Pbbank-O1 is meant for foreigners holding with up to 30% of the total paid up capital. To be precise O1 doesn't have to 20-30 cents higher or lower than the local one, the market price is depended on foreigner willingness to buy/hold this stock. It can be much lower than local one, if foreigners wish to sell like 1997 case whereby O1 (back then called Pbbank-F) is much lower than the local/normal shares.

Actually foreigners also can buy Pbbank (local), just if Pbbank-O1 is full with 30% qouta then those foreigners buying local one won't have any voting right in company issue, but they still getting all the benefits like dividend, bonus etc except the voting right. So Pbbank-O1 can have a little higher price due to less supply (>30%).
Voting right is a important issue for those foreign international funds especially you are holding significant portion of it.

This post has been edited by cherroy: Feb 12 2008, 09:19 AM

Dear Cherroy,
TQ for explanation. let say like u and me, if we wana buy publicbank share, which one is a better buy? let say if wanna keep for 1 year from now.

Normally, it is advisable to get the 'cheaper' one as for local Malaysia, both are the same.
But if one sees Pbbank-O1 price going to rise due to foreign fund influx, then might as well go ahead, as when there are some huge foreign money coming, in history, the foreign one was once having as much as Rm1.++ premium over the local one. But Pbbank-O1 can suffer more in price drop if there are huge outflow of foreign funds.
Whenever, the foreign holding start to exceeding the 30% then Pbbank-O1 tends to have some premium although it is not a must.

Actually, the 'foreign' shares can be a gauge (not foo;proof as sometimes individual stocks issue is more important)how much interest of foreigners in this market as for long term foreigner portfolio fund managers, there are not many stocks they can choose from KLSE, can't run away several big caps one.

This post has been edited by cherroy: Feb 12 2008, 11:37 AM