I think like this: now USA subprime is a fear factor in USA, so fund managers have tendency to withdraw investment from USA and pour to Asia market. Therefore Pbbank-O1 is a favourite to them, bcoz not much big cap stock for foreign fund managers to go in in Malaysia, except for a few. One of them is clearly this one as it is famous and got many awards and its financial performance is prudent with excellent track records year after year.

Any borrower in PBBank can confirm this statement?



Can you borrow loan without furnishing complete documents?

Good or bad ---- You decide.

This post has been edited by SKY 1809: Feb 19 2008, 08:16 PM

All time high for both PBBANK & PBBANK-O1



Dividend 50 sens ex-date would be on next week

Any teh tarik party for the forumers, on Dr Pana's account.

One golden egg may has to be forgone,

P/S : i think she is going to propose "virtual " teh tarik for us.l

This post has been edited by SKY 1809: Feb 19 2008, 08:14 PM

Pana,

Mine is the O1. I will keep for a while.

Congrat to u too

hahaha we may have a real TT session if we all okay with it


let's keep it
let's report how many PBBANK shares we have by the end of the year

just a notes here...

i noticed that there is a strong obstruction at 11.80

it is like whenever the price touches 11.80, it will slowly come back to 11.20, and go up to 11.80 again

i'd continue to observe, next week would be the ex-date week, shall see how the price is going to maneuver.

If Pbank can stay will at current price is good odeli. Imagine other stocks might fall 30% later on and your Pbank stays at current price, then you can do fund switching. Just joking.

This post has been edited by SKY 1809: Feb 20 2008, 05:14 PM

i remember dreamer101 used to say :



he is right, but to certain extend, i disagree.
if market crash, the one who has cash in hand is the winner

a senior share with me his story,

he said, during 1993 economic crash, he had a neighbour who sold *his apartment and got back a pile of cash in hand
during that time, everything in the stock market were dirt cheap, people are dumping their shares for cash
and this neighbour took the chance and picked up some good counters with the money after he sold his apartment
slowly, after years, market recovered,
the neighbour bought a bungalow out of the money he made from share market

sold an apartment and got a bungalow, pretty impressive, isn't he

p/s: *i assume he has more than two houses

Don't be too greedy lah, at current market condition especially for financial stock, staying put already very good liao. See others financial stock around the world, drop range from 30-70%. Even the stock is not moving, you are getting some dividend yield which is 2x of normal FD rate. <- still consider a win.

Also, stocks won't go straigh up one, mostly see-saw in between. Some period, it would be 'boring' one. Even some of my holding also 'lazzy' to monitor much as known it mostly will hardly move.

This post has been edited by cherroy: Feb 20 2008, 05:31 PM

exactly, i saw an opportunity to make some penny out of the see-saw moment

p/s: o'right, i understand a long term investor wouldn't care much about the see-saw moment
maybe i have been watching the counter too closely

Bursa is coming down from 13th floor ( unlucky no ) to eleven floor , and soon to 10th floor.

Are you expecting Pbank to go up to 13t floor soon to replace Bursa ?

if i know its fate, by all means i'd jump out at 13th floor and wait for it at 10th

panasonic88,

1) Hindsight is 20/20. I am preparing 2 to 5 years of living expense in cash or equivalent for the coming recession. So, I have the cash ready for quite a while. So, I do not have to sell anything to buy stuff.

<<he said, during 1993 economic crash, he had a neighbour who sold *his apartment and got back a pile of cash in hand
during that time, everything in the stock market were dirt cheap, people are dumping their shares for cash
and this neighbour took the chance and picked up some good counters with the money after he sold his apartment
slowly, after years, market recovered,
the neighbour bought a bungalow out of the money he made from share market>>

2) Think about this. This story is full of holes that does not make sense. Unless the person sold the house way before the recession, the person will either cannot sell or take a huge loss.

<<the neighbour bought a bungalow out of the money he made from share market>>

3) How smart is it to spend that much money on a bungalow?? It is an expense and it will not make money for you.

4) If the counter is good like Public bank, he do not need to sell to begin with??

5) How smart is it to sell a good dividend paying counter like Public bank and spend it on a bungalow that make you no money and cost more to maintain??

Dreamer

i ain't sure how the real picture is as i wasn't there to witness everything thing

what i want to highlight is : cash is king when everything is down

it could change your apartment to a bungalow (doesn't mean you have to follow him, maybe he dream to own a bungalow since he is young, now he has the money, why not? everyone has their own way on spending money right)

good for you that you have your cash ready.

Depending on what type of investor he is. If he is speculator, he might have to sell his property next time and rent an apartment. Wining and losing are parts of the games. Does his stop after wining, for example ? It is like a person going regularly to Genting casino. I think you just got half the story. Would like to hear more from you.

Cash is king, no doubt. 100% agree. But, big downside risk for dow has discounted for the time being. Speculation is still risky at this moment.

Take Pbank for example , share price is still trading above the price when the CI was at 1500pts right ? Meaning people take Pbank annual growth factor into account rather CI pts as yardstick.

There are still stocks able to move in the different direction of CI if you observe carefully.

If there is no prolonged crisis , people may buy after corrections of market ( but when is the bottom and lowest , you do not know ). Maybulk fell to rm 3.50 for a short while, could you manage to catch that price, for example ?

A 50% cash and 50% shares ( including REIT ) could be a better option.

Hope to hear more mature opinions from others.

This post has been edited by SKY 1809: Feb 21 2008, 09:02 AM

this is the difference why me & dreamer has different point of view.
he is well-prepared, i am not.

I do not want to comment on other people.

Prudence is good. I 100% agree with that.

Financing plannings for young people like you and the mature people are different.

SKY 1809,

My model is very simple. For PBBank, I am looking at the price where the dividend yield is good enough before I buy. For example, let's assume that PBBank annual dividend is RM0.80. And, dividend yield of 8% is my target. So, I will buy when the counter is at RM10 or lower. I am NOT aiming for the absolute bottom since no one can time it perfectly.

<<A 50% cash and 50% shares ( including REIT ) could be a better option. >>

We are probably at the different of our life. I will not put less than 5% and more than 20% in any single asset class.

Less than 5% is not worth my effort. More than 20% is too risky.

Dreamer

This post has been edited by dreamer101: Feb 21 2008, 10:07 AM