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Overview
Financial Highlight
Headlines
Business Background Public Bank Bhd is a Malaysian banking group that provides a range of financial products and services, including personal banking, commercial banking, Islamic banking, investment banking, share broking, trustee services, nominee services, sale and management of unit trust funds, bancassurance, and general insurance products. In additional to its mostly Malaysian operational presence, the bank is exposed to other Southeast Asian nations through some of its branches. Its strategy emphasizes organic growth in the retail banking business, particularly retail consumers and small and medium-size enterprises. The vast majority of its earning assets are in loans, advances, and financing.
  i3lurker small business people like Grab car drivers obtain financing via credit card and HP credit card balances must be given similar 6 months deferment on payment. Bank Negara forcing Grab drivers to pay more instead of paying less is a sure way to tell them to go hang themselves. 25/03/2020 7:33 PM JayC88 luckily sell before the MCO announcement just now... waiting for right time again 25/03/2020 9:37 PM Longterminvestorr I3lurker can send link where BNM force ppl to paid more credit card? 5% of outstanding all these while. What i see opportunities, BNM announce 6 month deferment on two biggest commitment housing loan and car loan. Govt purpose on doing so 1) citizen are more ease 2) govt reputation increase as helping rakyat 3) citizen got more money to spur into economy after one month recovery, and to balance back GDP Disadvantages: Bank also will be hit as defer 6 month, but only a little but i will keep it around 8 years for next crisis But do u guys remember 2008 global financial crisis? BNM cut OPR 1.75% (from 2008 to 2009) yet PBB share drop from rm10.50 to rm7 but u see back annual report at that time there are still growth. Like Warren buffet say value investing and long term. 25/03/2020 10:10 PM trader9918 At this level..oversold and still got more room for public bank to go up. 26/03/2020 12:19 AM i3lurker its just maths and science in English those who are good in maths can calculate out the actual effect on Grab car drivers who will be "forced" by Bank Negara to pay more pay more rather than pay less, its quite funny. why Bank Negara want to make Grab car drivers bankrupt? You must go and ask them. 26/03/2020 5:32 AM i3lurker another extremely weird thing is that banks currently charge 10% interest and 42 months repayment on failed Grab car drivers. it boggles the mind that Bank Negara, rather than helping Grab car drivers wants to force Grab car drivers to pay more instead. Banks 10% 42 months Bank Negara 13% 36 months (36 months is forced by Bank Negara) walau eh, the extra 6 months time compression and higher interest rates are designed to "force" people to go bankrupt faster.... 26/03/2020 5:57 AM i3lurker maths and science in English, quick napkin calculation Grab car driver RM20,000.00 credit card Scheme A 1.5% per month he pays RM350.00 Scheme B Banks currently now charging he pays RM642.86 Bank Negara's "Forced Bankruptcy Scheme" he pays RM772.22 26/03/2020 6:25 AM i3lurker 2019 was a very bad year so a few million Malaysian SME and sole proprietors had used credit cards for business financing RM300,000 was an average balance for SME and Sole proprietors Scheme A 1.5% per month he pays RM5,250.00 Scheme B Banks currently now charging he pays RM9,642.90 Bank Negara's "Forced Bankruptcy Scheme" he pays RM11,583.30 the difference of RM2,000.00 is immediately noticeable and stands out under Bank Negara's new forced bankruptcy scheme 26/03/2020 6:39 AM i3lurker this is a direct result of sending people to US and UK to study. conventional Central Bank methods as taught by US and UK is that during times of financial crises, Central Bank's role is to make people bankrupt... the idea is that by making 2,000,000 Malaysians bankrupt, economic renewal can be faster after crises is over. These silly people gets brainwashed and come back and implement forced bankruptcies at every opportunity they get. funny thing is that, do you see US and UK making people bankrupt? they just tell you to make people bankrupt. but their own people is precious, too precious to make bankrupt. instead they get USD3,000 per month or GBP2,500 per month what do we have? we get nothing but instead get forced bankruptcy from Bank Negara 26/03/2020 7:22 AM  Philip ( what you can learn from RJ MITTE ) Your hobby is to troll investing forums? Maybe you should do that elsewhere, now is the time to buy cheap stocks and make good money. 26/03/2020 8:31 AM mf Manila Bulletin News Lion Air plane bursts into flame at NAIA runway, 8 passengers on board 1 hour ago 29/03/2020 10:38 PM Sky Soo At the moment, most people still not very depressed. I would only start buying when most people have lost hope. Airaisia still hold up at .735. It should be .40 when people feel depressed. 30/03/2020 10:26 AM feiloh Ya... wait for lelong...bankrupt and suicide headlines come first...sorry to say this but this is 30/03/2020 11:27 AM  michael_jackson wow...from rm13 to rm15X, still strong like ballistic missile....no wonder epf join the party.. 31/03/2020 10:32 AM malaysiakuku michael_jackson bro, lu beli banyek masa time down ke? sebab itu you ada untung mah....kitorang beli sedikit...sebab itu, kita tak happy kalau jalan sangat slow mah... 31/03/2020 10:39 AM Jeffreyteck Est at least one more time down circuit breaker in US. With its hopeless chief who prioritise $ ahead of people life, can sense more volatility created by him who likes to u-turn. Est his regime will be over by year end. As for this, why pay a premium now? TP = DY of Cimb or Mbb. 31/03/2020 11:52 AM malaysiakuku Epf masih agresif nak menabung dengan public bank....terus pungut haum hampir setiap minggu.....hebat!!! 01/04/2020 6:15 PM Investor48 Good..tomorrow pls drop kaw kaw.. Need to buy back after profit taking.. Hehe... 01/04/2020 8:57 PM RedEagle It's a reversal signal (short term rebound finished?!) it's time to take your profit. 02/04/2020 7:06 AM Papayashot Hi RedEagle, you are so good in identifying all the technical signals and time the market. Even better than Buffet. 02/04/2020 1:15 PM masterus Last year, the central bank reduced the base rate use for lending to 3% from 3.25% in May. Imran Yassin expects BNM to slash another 25bps, bringing the OPR to 2.25% at the next MPC’s meeting. “It is very unlikely that the OPR will go to zero because we opine that BNM will need to maintain some buffer to give them room to manoeuvre should the economic conditions worsen,” he said. In a report, Hong Leong Investment Bank said BNM will likely reduce the policy rate by a total of 50bps this year to bring the rate down to 2% in 2020. 02/04/2020 4:13 PM chongkahagent Only idiot will buy public bank at current price. 1997- rm 0.6 After so many bonus issues and dividend 2020- rm 15 when crisis is bigger now than 1997 Public bank fair price is- 30 cents now 04/04/2020 4:32 PM chongkahagent Shun d following counters, these are counters deliberately supported by epf to avoid crumbling of klci: Maybank Hartalega Top glove Public bank Hong leong Petronas Scientex Penta master etc etc 04/04/2020 4:34 PM chongkahagent Biggest con game will unveil when dow jones collapsed soon n klci will follow suit. Real effect of covid 19 had not been reflected onall bursa bluechip stocks- beware! Current ci component stocks are all artificially supported by institution.. will collapse soon ! 04/04/2020 4:37 PM chongkahagent If u hv bluechip stock, u shd change to those good penny stocks .bluechip poses very great risk to crumble soon as its price doesnt teflect the crisis n aftermath impact- price r all artificially supported n will crumble very soon 04/04/2020 4:39 PM Papayashot Hi Chongkahagent, can you suggest any good penny stock better than PBBANK? I would like to know that le... I like your analysis: --------------------------- 1997- rm 0.6 After so many bonus issues and dividend 2020- rm 15 when crisis is bigger now than 1997 Public bank fair price is- 30 cents now wah seh... Respect, respect.. You must be a good analyst. Even better than Warren Buffet 05/04/2020 1:31 PM michael_jackson wow.... all financial services stocks going up today.... rm16.00 soon... 06/04/2020 2:45 PM RedEagle Malaysia's Covid-19 cases jump to 3,963 cases with 170 new cases. Meanwhile, 80 more are cured, bringing total recoveries to 1,321 cases or 33.3% of total cases. One more person has died of the disease, bringing death toll to 63 or 1.6% of overall cases 07/04/2020 6:26 PM  | |
