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

woah PBBANK drop to almost 5 months low, must vote BN this time.
so that Bank Negara can print more money to pump up the stock market
oh yeah oh yeah

with this counter, evenwhen recession come and got fire from your job the dividend alone is enough for you to survive and continue zzzzzzz

Rule No.1# Never run away from burning house

Just to share, got this in my mail

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Went to PBB's AGM last week. One of the shareholders asked the panel of directors why there were high volume of sales of PBB shares by some directors, where there was one who sold 100% of his shareholding. The guy asked if the reason behind was due to the directors knowing some info which the public dont. One of the director answered saying that PBB is very transparent and they dont get involve with insider dealing. He says the directors like any other directors have the right to buy and sell any shares as it's their investment.

If U see the share prices of the bank counters today, I guess maybe they have expected the share prices to go down. Maybe they have info on what is to happen in US ( which would affect the rest of the world which we dont )

As investor, there is nothing wrong with such strategy. Sell if U expect the price to plunge. Then when the price drops a lot, buy back. In that way, one could increase their shareholding % without having to increase the absolute sum.
Even I have done before.

When it was really bad back then ( cant remember which year ), PBB was below RM6. Even MBB was below RM 4.

Obviously, one cannot tell when the lows are until it turn back again. When would that be? I think at least one year from now

What is the best strategy now? Hold cash ( but dont spend it ). Keep aside until it 'best time' to go in - a level which U think it's low enough [ although it may not be lowest ]. OK for long-term investor. When the market turn, then sell it to make profit.

Happy investing.

rgds
Yeaw
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