Sometime I suspect that's because bursa's staff go dinner before uploading the F.S.
Go bath first

This post has been edited by htt: Jan 19 2009, 07:30 PM

PBBANK-O1 dropped 25 sens. dumped by FF huh

Result not out yet, is that a bad sign?

Could be the CEO is sick today.

yea, i was thinking the same thing too since this afternoon
btw, seems like there r a lot of passionate PBBANK shareholders here in lowyat....
the feel is just like waiting 4 the academic result

It's expected the result won't be better than last quarter. The management already issued a profit warning during last quarter announcement. How worst izzit, we shall wait....

Btw, where is the source of date public listed company going to announce their quarterly result?

The bank’s loan growth also expected to be strong

PETALING JAYA: Public Bank Bhd is expected to show a commendable set of earnings for the financial year ended Dec 31 (FY08) despite a tougher bank operating environment.

CIMB Research said in its latest note that it expected the bank’s results to be in line with its net earnings forecast of RM2.61bil and consensus forecast of RM2.55bil, translating into a strong growth of 20%-23% from RM2.12bil a year earlier.

The research house said the growth would principally be driven by the first quarter’s RM200mil goodwill payment by ING, and its robust loan growth in the high teens to 20%. Earnings per share are expected to inch up to 73.9 sen from 60.8 sen in FY07.

The brokerage has maintained an “outperform” recommendation on the bank’s stock with a target price of RM11.70.

It said loan growth for FY08 would stay strong and should come in close to 20%, in line with the research house’s estimate of 19.5% and the 19.7% registered in FY07.

“We estimate that the growth rates for the various key segments are around 20% for residential mortgages, 11% for hire-purchase loans and 18%-20% for small and medium enterprise (SME) loans.

“Loan growth was supported by the disbursement of a few chunky corporate loans in the first half of last year.

“We believe that asset quality also improved and we estimate a non-performing loan (NPL) ratio of around 0.8% as at end-December 2008 compared with 0.87% in September (2008) and 1.23% as at end-2007,” it added.

The bank’s loan growth target for FY09 remains aggressive at 14%-15%, but the pace should be moderate for the various loan segments – 15% to 18% for residential mortgages, 10% for hire-purchase loans and 15%-18% for SME loans. Public Bank aimed to maintain its net NPL ratio at 0.8%-0.9% in 2009, against the rising trend for the industry, it added.

It hoped to achieve this via its more stringent loan evaluation practices, intensified loan recovery process, and proactive move to help borrowers restructure loans even before they turn non-performing.

HwangDBS Vickers, which is recommending a “buy” on the bank’s shares with a target price of RM11.90, expected the bank to churn out a strong set of FY08 results.

“Net interest income remains the key driver of earnings with loan growth of at least 20% while NPL ratios remain low. We project a final net dividend per share (DPS) of 44 sen, bringing total DPS for the year to 66 sen to be paid this quarter with yields of at least 7%-8%,” it added.

This post has been edited by SKY 1809: Jan 20 2009, 07:58 AM

Hmm.... still no announcement from PBBANK
25 cents only..... no wonder the share price plunged like hell........

This post has been edited by fergie1100: Jan 20 2009, 05:12 PM

1295 PBBANK PUBLIC BANK BHD
Final Dividend 25%

Entitlement Details:
Final dividend of 25% less 25% income tax


Entitlement Type: Final Dividend
Entitlement Date and Time: 02/03/2009 05:00 PM
Year Ending/Period Ending/Ended Date: 31/12/2008
EX Date: 26/02/2009
To SCANS Date:
Payment Date: 11/03/2009

1295 PBBANK PUBLIC BANK BHD
Share Dividend 1 : 35

Entitlement Details:
Distribution of share dividend on the basis of 1 Public Bank ("PBB") treasury
share listed and quoted as 'Local' on the Main Board of Bursa Malaysia
Securities Bhd for every 35 ordinary shares of RM1.00 each held in PBB,
fractions of treasury shares to be disregarded ("Share Dividend")


Entitlement Type: Others
Entitlement Date and Time: 02/03/2009 05:00 PM
Year Ending/Period Ending/Ended Date: 31/12/2008
EX Date: 26/02/2009

Can somebody explain the bold part? & the tax had became 25% rather than the previous 26%?
with 1k units of PBBANK roughly get 28 bonus share only?
oh, i guess i understood the calculation oledi

This post has been edited by fergie1100: Jan 20 2009, 05:44 PM

Public Bank posts record net profit of RM2.58b

URL: http://biz.thestar.com.my/news/story.asp?f...06&sec=business

holy mythecker, pbb is god in klse.

anyone could give a brief calculation about 25 cent equal to how much if we hold 1 share/lot ?
and payment date is 2/3, so if we buy 1/3 we still entitled to dividen?

1st of all, 1 lot = 100 shares....
so if u have 100 shares, u'll get RM18.75 (100 units x 0.25 cents x 75%) ---> due to 25% tax
no, u need to have the share before Ex Date, not payment date which is before 26th Feb 2009
& also the payment date is 11th Mac

This post has been edited by fergie1100: Jan 20 2009, 06:29 PM

Oh my god

okie based on my understanding (please corerct me if it is wrong)

every 1000 shares PBBANK, you will get RM250 less 25% tax,
so it would be RM187.50


for every 35,000 shares PBBANK, you will get 1,000 shares for free.

This post has been edited by panasonic88: Jan 20 2009, 06:57 PM

since lot are in 100 units, 3,500 also can get 100 units for free.

This post has been edited by Singh_Kalan: Jan 20 2009, 07:34 PM