Hi All,

I'm new to stock. Is pbank share that attractive ? what's the bottom price for it? When would it giving out dividend?
Can you tell me more about this? I'm a greenhorn in this area. Hope you don't mind .




Thank You.

Pbbank is going down due to its china financial risk, caused by usa subprime. but fundamentally, it is still strong
when reach 9.50, it will be an attractive buy.

Hi Chinkw1.


What do u mean by the exdate? i don't understand it. Can explain?





Thank You.

Of course I know banks with the lowest NPL is the best.
That is why I mentioned that I need to look at the loan performance before making my investment
Currently, the bank with the lowest NPL is Maybank if I am not mistaken. They just sold RM1 Billion of NPL a few months ago. That is a very nice recovery strategy.

---

Added on February 29, 2008, 4:35 amYou are new in this, so I suggest taking a look at Bursa Malaysia's website before making any move. It is www.bursamalaysia.com.
Ex-date is a date when the investors are not entitled to receive dividends. If you buy anytime before the ex-date, only then you are entitled to receive the stipulated dividend.

This post has been edited by Jordy: Feb 29 2008, 04:35 AM

Jordy,

<<Currently, the bank with the lowest NPL is Maybank if I am not mistaken. They just sold RM1 Billion of NPL a few months ago. That is a very nice recovery strategy.>>

If a bank is managed properly, those NPL will not exist to begin with. And, I think you are mistaken about Maybank has the lowest NPL.

http://www.theedgedaily.com/cms/content.js...7b2220-e198c1db
<<Maybank's net non-performing loans (NPL) also improved to 2.69%, compared with 3.67% a year ago.>>

http://www.theedgedaily.com/cms/content.js...ebe180-ee5ffa83

<<Teh said the bank's net non-performing loan (NPL) ratio improved to 1.2% in FY07 from 1.6% a year earlier, with loan loss coverage standing at 119%, the highest in the local banking industry.>>

Dreamer

This post has been edited by dreamer101: Feb 29 2008, 05:27 AM

Hi Dreamer,

You are right.

But I think Jordy is coming back to challenge you ( making the forum more exciting ).



This post has been edited by SKY 1809: Feb 29 2008, 07:22 AM

Yup, even Maybank sold off its NPL ratio, it is still higher than Pbbank. Locally, Pbbank has the lowest NPL ratio among all.

This post has been edited by cherroy: Feb 29 2008, 10:16 AM

Hi All,


When the best price to buy PBank ? Any ideas ? Do you think that it's the right time to go for it ?Any professional advice.





Thank You.

The " best price " of Pbank that a forumer managed to buy is about RM 0.88. That was more than 10 years old.

Fair valuation at 2008e is RM 9.90. But there is no guarantee that the market price would not fall below this price.

I mean there is no floor and ceiling price, subject to demand and supply factor.

You may have opportunity to buy cheaper later, but not at rm 0.88.

This post has been edited by SKY 1809: Feb 29 2008, 01:37 PM

There is no 'best price', the 'best price' is always 'as low as possible'.
You don't know how far a stock can go down or go up.

Also, purely using the figure alone is not accurate to tell. Stock can have stock split, bonus issue which make the share price become 'small'. Just like Genting it was a Rm40, now is RM6.80 but this 6.80 is equivalent to 5x6.80 = 34.00.
Stock price alone means not much, it is a relative return rate potential that matter the most, that's why people come out some PE ratio, dividend yield etc to justify the stock is cheap or not.

Just my 2 cents.

This post has been edited by cherroy: Feb 29 2008, 01:41 PM

making a note here...

based on my past two months observation,
PBBANK lowest / bottom price was 10.30...

any possibility to go lower than it?

RM10.30 before ex-dividend. So I expect it can come down a little lower but stay above RM10 if there was a sudden sell-off or something.

Ah, my mistake guys! Thank you dreamer for the very helpful information
Well then, I guess there is no doubt with PBBANK anymore

The above is based on the assumption that BN is to retain 2/3 majority, failing which price could fall below RM 10..

Just my 2sen opinion.

you got the point, i am waiting for the polling day before making any decision.
p/s: but nevertheless, 10.30 is indeed a yummy price for me~

All,

IMHO, all counters in KLSE will drop in general after GE. The simple reason is the counters are supported aka window dressing by ASx/EPF and so on. After GE, they no longer have to do that and they will use those fund for something else.

So, it does not matter whatever the GE's result is. It will go down.

Dreamer

This post has been edited by dreamer101: Mar 1 2008, 09:37 AM

Hi dreamer101


Are you sure with your statement ? A lot of forummers is going to take your view seriously.



Thank You.

Hey DJWC dude,

Wah lao... sounds like a threat to dreamer.
Let me amend your statement to reflect what you truly want to say :



Opinions dispensed here are only opinions. Whether you choose to listen/believe them or not is totally up to you. And only you alone can be responsible for the consequences, whether good or bad.

Let the NPL accumalate higher, rename it Super Grade Asset Mortgage then sell it to EPF and make super profit.

DJWC,

1) Ask yourself a simple question, why do we have so MANY ASx offering in 2007? Do you count them?

Kinitos,

2) You are ASSUMING that EPF has the money to buy. PBBank do not need that anyhow.

3) Normally, this is done with OIL MONEY from Petronas. Do we have the OIL MONEY to do that?

All,

This is simply my opinion. Our economy is sustained by the two OILS: Palm Oil and Oil. Nothing else is doing well. Past few years, our economy is sustained by domestic consumption.

A) So, is enough people HELP or HURT by the two OILS for the economy to grow??

B) Even if the economy is growing at 5% or 6%, our stock market has GONE UP so much that it CANNOT be sustained by the grow rate of 5% or 6%.

C) Then, why the stock market is going up but the economy is not doing that well?? Who are the buyers?

Dreamer