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 PBBANK, All about PBBANK (1295)

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smartly
post Dec 31 2008, 11:13 AM

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Announcement should be around late January.
daydreaming
post Jan 2 2009, 12:59 PM

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If you're talking about dividend, then yes, it should be around January. You can check the previous dividend releases in The Star. It should be around CNY time, the final interim.

Too bad, i don't have enough money to buy this. tongue.gif and i personally feel banking stocks still bit risky.
juztborn
post Jan 2 2009, 09:36 PM

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QUOTE(daydreaming @ Jan 2 2009, 12:59 PM)
If you're talking about dividend, then yes, it should be around January. You can check the previous dividend releases in The Star. It should be around CNY time, the final interim.

Too bad, i don't have enough money to buy this. tongue.gif and i personally feel banking stocks still bit risky.
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So far PB Bank performance has been convincing. And can said best local bank. Not really risky as PB dont really involve in those US mortgage debt paper..
TSpanasonic88
post Jan 8 2009, 12:04 PM

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quoted from another chinese forum:

QUOTE
今早从星洲日报看到分析员写到大众银行在19号公布2008年的业绩报告,会派发45仙股息(去年50仙),及每1000股派送50库存股,你怎么看? By ThermorFisher


http://cforum5.cari.com.my/viewthread.php?...age%3D1&page=18

how true it is? hmm.gif
SKY 1809
post Jan 8 2009, 12:09 PM

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QUOTE(panasonic88 @ Jan 8 2009, 12:04 PM)
quoted from another chinese forum:
http://cforum5.cari.com.my/viewthread.php?...age%3D1&page=18

how true it is? hmm.gif
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Never see banks buying back their own shares ( treasury shares ) ? hmm.gif

Correct me if I am wrong.

This post has been edited by SKY 1809: Jan 8 2009, 12:17 PM
htt
post Jan 8 2009, 12:26 PM

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QUOTE(SKY 1809 @ Jan 8 2009, 12:09 PM)
Never see banks buying  back their own shares ( treasury shares )  ?  hmm.gif

Correct me if I am wrong.
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PBB did stock buy back, but 50 shares for every 1000 shares? Don't think they had bought back that much share to distribute. hmm.gif
SKY 1809
post Jan 8 2009, 12:30 PM

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QUOTE(htt @ Jan 8 2009, 12:26 PM)
PBB did stock buy back, but 50 shares for every 1000 shares? Don't think they had bought back that much share to distribute. hmm.gif
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Thank for the correction.

Good luck.
TSpanasonic88
post Jan 8 2009, 12:32 PM

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assuming now the price is 8.70 (RM8,700)

50 shares would be about RM435

RM435 + RM450 dividend = RM885

like the forum stated, if that's real, PBBANK share price would be adjusted to around 7.80 after the ex date hmm.gif
TSpanasonic88
post Jan 8 2009, 12:35 PM

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EPF is acquiring PBBANK shares every week.

QUOTE
             
Search Result
 
Tuesday, 6 Jan 2009 
5:43PM  PBBANK Employees Provident Fund Board (1,392,400 Shares Acquired) 
5:43PM  PBBANK Percentage of Public Bank Shares Held by Foreigners as at 31 December 2008 
 
Friday, 2 Jan 2009 
6:03PM  PBBANK Employees Provident Fund Board (216,700 Shares Acquired) 
5:24PM  PBBANK-CH MONTHLY DISCLOSURE PURSUANT TO PARAGRAPH 5.11A (2) 
 
Wednesday, 31 Dec 2008 
5:16PM  PBBANK Employees Provident Fund Board (63,200 Shares Acquired) 
 
Friday, 26 Dec 2008 
5:05PM  PBBANK Employees Provident Fund Board (530,000 Shares Acquired) 
 
Wednesday, 24 Dec 2008 
5:21PM  PBBANK Employees Provident Fund Board (239,700 Shares Acquired) 
 
Monday, 22 Dec 2008 
5:58PM  PBBANK Employees Provident Fund Board (193,900 Shares Acquired) 
 
Thursday, 18 Dec 2008 
5:26PM  PBBANK Employees Provident Fund Board (800,000 Shares Acquired) 
 
Monday, 15 Dec 2008 
6:28PM  PBBANK Employees Provident Fund Board (600,000 Shares Acquired) 
 
Thursday, 11 Dec 2008 
5:27PM  PBBANK Employees Provident Fund Board (450,000 Shares Acquired) 
 
Tuesday, 9 Dec 2008 
5:33PM  PBBANK Employees Provident Fund Board (1,544,600 Shares Acquired) 


EPF holds 14.2% of PBBANK shares biggrin.gif
htt
post Jan 8 2009, 01:11 PM

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QUOTE(panasonic88 @ Jan 8 2009, 12:32 PM)
assuming now the price is 8.70 (RM8,700)

50 shares would be about RM435

RM435 + RM450 dividend = RM885

like the forum stated, if that's real, PBBANK share price would be adjusted to around 7.80 after the ex date hmm.gif
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Total cumulative net outstanding treasury shares as at 4 August 2008 comprise the following:

163,839,950 Local Shares (Stock Code: 1295)
12,456,850 Foreign Shares (Stock Code: 1295F)
------------------
176,296,800
===========
Total share = 3,355,633,000 as per 30/09/08.
if 50 share/ 1000 share then need 167,781,650 shares to distribute.
Sorry to correct my previous post, they have enough share for distribution. blush.gif
TSpanasonic88
post Jan 8 2009, 01:53 PM

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ermmm, but still, it is just a hearsay, not confirm yet.

i want to get some more PBBANK. either before the announcement, or after the ex date. rolleyes.gif
fergie1100
post Jan 8 2009, 03:26 PM

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QUOTE(panasonic88 @ Jan 8 2009, 12:32 PM)
assuming now the price is 8.70 (RM8,700)

50 shares would be about RM435

RM435 + RM450 dividend = RM885

like the forum stated, if that's real, PBBANK share price would be adjusted to around 7.80 after the ex date hmm.gif
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Price would be adjusted also when they issued bonus shares from treasury shares?
i tot they just create it out of thin air & adjust the price?


Added on January 8, 2009, 3:34 pm
QUOTE(panasonic88 @ Jan 8 2009, 01:53 PM)
ermmm, but still, it is just a hearsay, not confirm yet.

i want to get some more PBBANK. either before the announcement, or after the ex date. rolleyes.gif
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if it's true... then shud get 2000 units of PBBANK shares so that won't have odd lot? tongue.gif

This post has been edited by fergie1100: Jan 8 2009, 04:19 PM
kb2005
post Jan 8 2009, 08:42 PM

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QUOTE(panasonic88 @ Jan 8 2009, 01:53 PM)
ermmm, but still, it is just a hearsay, not confirm yet.

i want to get some more PBBANK. either before the announcement, or after the ex date. rolleyes.gif
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What annoucement ? PBBANK stock is quite high now and don't think you can buy in large qty. biggrin.gif
cherroy
post Jan 9 2009, 11:03 AM

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I don't think Pbbank bought back a lot of their own share.

50/1000 treasuries shares distribution means they had bough 5% of of their outstanding shares which is huge and signficant already. Apart from YTL group company, I don't reckon any company has bought back so many shares, I might be wrong.

Just fyi, share buy back is limit at 10%.

fergie1100
post Jan 9 2009, 04:27 PM

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Prediction
sorry for those who cant read chinese
btw, LPI just announced a 55 cents final div nod.gif (with a total 85 cent for FY08)

This post has been edited by fergie1100: Jan 9 2009, 04:29 PM
Valhalla
post Jan 11 2009, 02:15 PM

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i am waiting for the second wave after CNY =p

i pray the price dec. to rm8.5 --> rm9
TSpanasonic88
post Jan 11 2009, 06:26 PM

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quarterly report would be out on 19th Jan.

together with dividend announcement.

stay tune.

i see PBBANK price has been moving up since the past 2 weeks (from 8.20 - 8.80) nod.gif
fergie1100
post Jan 12 2009, 04:13 PM

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QUOTE
PBB wishes to announce that it will be seeking its shareholders' approval at the PBB 43rd annual general meeting to be convened on a date to be announced later for the proposed renewal of authority for the purchase by PBB of its own shares of up to ten percent (10%) of the issued and paid-up share capital of PBB ("Proposed Share Buy-Back Authority").

A statement to shareholders containing information on the Proposed Share Buy-Back Authority will be despatched to shareholders of PBB together with the PBB 2008 Annual Report in due course.

can any1 explains on that? do they need to get the green light frm the shareholders if they want to buy back their own shares?
cherroy
post Jan 12 2009, 04:25 PM

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QUOTE(fergie1100 @ Jan 12 2009, 04:13 PM)
can any1 explains on that? do they need to get the green light frm the shareholders if they want to buy back their own shares?
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Yes, company management cannot simply want to buyback then can buyback already, they need to seek for shareholders approval first but until now, haven't seen those buyback proposal that being rejected one.

They also need to seek for renewal through shareholders if they want to continue its buyback programme which previous approved but expired and doesn't fully utilise previously.
fergie1100
post Jan 12 2009, 04:59 PM

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QUOTE(cherroy @ Jan 12 2009, 04:25 PM)
Yes, company management cannot simply want to buyback then can buyback already, they need to seek for shareholders approval first but until now, haven't seen those buyback proposal that being rejected one.

They also need to seek for renewal through shareholders if they want to continue its buyback programme which previous approved but expired and doesn't fully utilise previously.
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thanks notworthy.gif

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