noted your words.

i wish to accumulate more, more and more.

pana,
probably can sell half your holding and buy back later stage at a cheaper price to gain the diff.
just a suggestion, act at your own risk.

She wish to accumulate more, and not less
Selling and buying back WILL work, but what's the point of cutting that loss if she has a long term view?
She could just easily average down her cost on PBBANK and aim for long term

just bought some @ 10.00 today.... lol....

I will not term this as cutting loss, this is just a stretegy adopted by following the market condition.
Yes, one can go for longterm by averaging downward. One could also opt to buy stages irrespective up or down.
There are many methods ppl use. If one feel his method the best by all mean.
Loaded with cash may adopt by averaging down, cash tight fellow may opt for diff style.
That is human nature, no human are same when come to thinking.
I will not say averaging down is wrong, its just a preference of individual and experience of oneself.

I'm chartist, only know about this. Wish to learn more about fundamental over here.

Currently put an eye on PBB and IOI only. PBB will be my first choice as i wish to keep it thru. Juz wish to gain dividend. Still looking for an entry.


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Something cooking with PBB. Insider news telling the last quarter results going to show very high profit

Expect the price to shoot up to 11.50 this coming week. Already last Friday price went up 40 sen. Those holding now can sell on strength and buy on dips

If you wish to be a fundamentalist, do not get a counter JUST to gain dividend.
That is not a fundamentalist, but rather a conservative saver
Wish to tell you that fundamentalists look to grow their value over time, not depending their views solely on dividend.

You are actually contradicting yourself. So you are saying that PBBANK will dip further next week, but still so bullish that the price will go skyhigh to reach RM11.50 in a week??
At current price of RM10.50 and IF PBBANK is going to dip further, we are expecting a stable price of RM10.20-RM10.30 on Monday. To reach RM11.50 in 4 days means a CONSTANT increase of RM0.30-RM0.35 a day.
Everybody has already expected that PB's results will reach another new high, that was why you see the price inceased so high on Friday. It WAS anticipated in the price, so how much more you think the price will rise when the result comes out?

PBB will announce a hefty profit since it's currently the leading bank in malaysia. Not only that, it's unit trust subsidiary is performing quite well compare to others.

At 10.00, PBB might be a bargain in the short run.

According to my internal sauce, there'll be around 15-20% rise in net profit.
So i upgrade PBBANK to SAPU

Has the news been anticipated in its price? Mostly we would have expected that from its track record, so I don't think it would jump a lot.
At most, we might see a jump of only between RM0.30-RM0.40, no more than that in my opinion. Unless it declares a higher than expected final dividend, that is the only potential jump

I m more optimistic....target price revised to 11.50

Really or not?
Can't go that high la, unless interest rate is terbalik. Hehe.
We are still waiting for interest rate to increase, people also scared to go in PBBANK now.

Rate hike will benefit PBBANK and other banks (short term)

This post has been edited by Singh_Kalan: Jul 16 2008, 12:57 PM

Hmm, how can rate hike benefit the banks in this sense as we would see slower loan growth?

That is true, higher rate will cause slower loan growth, that in turn will cause economic slow down. Just think back in year 1997/1998 similar thing happen where the BLR was in > 12%, i paid 14% for my loan till bank raise my repayment to cover shortfall. At that time FD rate was at 10%, just imagine that.....not a good news though if BNM raise rate....time to think of bond fund.

Market already anticipated a relative good result. Yup, I had the same opinion, even with a good result, mostly will up roughly like that unless got extra special dividend.

Current market facing is the future prospect of the financial stocks. With potential high interest rate in the future, slow growth ahead, and profit margin being squeezed, financial stocks might be vulnerable to higher NPL ahead.

True. At the closing price of RM10.20, it is not going anywhere far. you could buy though, if you don't mind paying RM170 in brokerage and earning an extra RM120-RM220 That is a very short term earnings, but beware as not to fall into the trap. Hehe.

If ever the FD rate reaches 10% again, I'll just dump in my cash pile there and set a contract for 5 years. Haha.

If FD rate is 10%, surely everyone will dump share and flock to FD. That's why KLCI dropped to 300 points because of FD rate of 12%, there is no reason to hold on stocks back to 1997 crisis.

Interest rate always plays a key part why a stock stay at certain level. If FD rate is 10%, a stock with PE of 10x will be seen expensive. While if FD rate is 1%, then a PE of 20x will be seen as cheap. It is always a return reward ratio game in investment world. That's why you see Japanese stocks are having quite high PER (25-30x and above) across the board because of relative low interest rate or should say none at all.