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PUBLIC BANK BHD: A Minimum Risk Investment

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发表于 2014-6-17 15:48 | 显示全部楼层 |阅读模式
Recently I posted my article with the title “No Risk Investment Strategy” on KLK and Batu Kawan and many readers think that there is some risk in owning KLK and Batu Kawan. I should have qualified it by saying that if you buy KLK or Batu Kawan and keep them for the long term, you will certainly make exceptionally good profits.

As you know, all business operations face different challenges at different time. All businesses will always have competitors. For example, a property developer will have competitors offering cheaper and better houses. A manufacturer will have to worry about his raw material price increase and better products from his competitors. As a result, company profit will always fluctuate which causes share prices to fluctuate.

What is the safest share to invest with minimum risk?

最近我发表了一篇标题为“无风险投资策略” 去投资KLK和Batu Kawan,许多读者认为投资KLK及Batu Kawan依然有一定风险存在。

我应该说,如果你长期投资KLK或Batu Kawan,我相信你会有非常不错的回酬。

众所周知,不同的企业在不同的时间都会面对不同的挑战,所有的企业都有其相关竞争者对手。

例如,发展商面对房价以及房屋质量的竞争。

制造商不得不担心原材料价格上涨以及生产比竞争对手更好的产品。

因此,公司的利润会经常变动,导致股价波动。

什么股票是最安全,最低风险的?



Public Bank

If you look at the above long term price chart of Public Bank, you will notice that it was selling at Rm one in 1997 and currently it is selling above Rm 20.00, a return of 19 time your capital in 17 years. This return is about 18% per annum compounded over 17 years. Moreover, PBB gives out about 3% dividend per annum, making a total return of about 21% p a.

If you use margin finance which is available at base lending rate minus 2% = 4.6% pa you can easily increase your profit by another 10%, making a total of about 31% per annum. At a compound rate of 31% pa, you can double your capital in less than 2.5 years.

That means if you buy PBB with a capital of Rm 100,000 and fully use margin finance you will have Rm 1,600,000, 16 times your capital in 10 years.

I know many investors are fearful to buy PPB when it is selling at its peak price. You must bear in mind that PBB is always selling at its peak price because it’s share price is continuously going up in tandem with its profit or EPS growth. Even now it is selling above Rm 20 which seems to be so high but it is selling at a P/E ratio of only 17.

Remember, fear is often the biggest obstacle to success.

Over the years, I notice that all shares cannot continuously go up or come down for whatever reason and you can make more profit if you sell some shares when it is up and buy back when it is down.

PBB share price also moves up and down like any other share in the short term. But in the long term PBB share price should continue to go up. I strongly believe this long term up trend will continue because it is one of the best managed local banks and has been making more and more profit every year.

There is also little risk in investing in PBB stock unlike in some other less protected sectors. Unlike in other countries, Bank Negara regulates and protects banks because banks are the financial intermediaries of the economy. The Government regulates the banks to ensure that customers are protected and the country’s economy is safeguarded. In this way, investors also profit.

大众银行

回顾上述大众银行的长期走势图,你会发现,在1997年的时候它的价格是RM 1而目前它的价格是高过RM 20.00,17年的回酬率为19倍。

这是每年18%回酬率,复利17年。而且,大众银行每年派发大约3%的股息,加起每年的回酬率大约是21%。


如果你用证券融资,基准贷款利率减2%= 4.6%,每年你可以轻易的获取额外10%回酬,合计回酬率为每年约31%。

以31%每年的复合增长率,你可以在两年半里开翻。

这意味着,如果你用Rm 100,000来投资大众银行并且充分利用证券融资,您将有RM 1,600,000,你的资金在10年里翻了16倍。

我明白很多投资者害怕在高价投资大众银行,但你必须明白,PBB总是卖在高价,因为它的股价不断上升以配合其利润或EPS的增长。

即使是现在它现在的价格是 RM20, 看似很高价,但它只有P/E 17。

请记住,恐惧往往是成功的最大障碍。

多年来,我注意到不管什么原因都好,所有都股票无法连续上涨或回落​​,你可以选择低买高卖来获利。

PBB股价也在上下移动,短期里和任何其他股票没什么两样。但在长期看来PBB股价应该继续上涨。

我坚信这个长期的上涨趋势将持续下去,因为它是本地管理的最好的银行之一,而且每年利润也越来越多。

相比于其他一些不受保护领域,投资PPB的风险较小,和其他国家不同,本地银行有中央银行监管,保护,因为银行是金融经济的中介机构。

政府监管的银,以确保客户得到保护和保障国家经济。这样一来,投资者也能获利。

The unofficial account of Koon Yew Yin (This account does not represent or attempt to speak on behalf of Koon Yew Yin)



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x 13
发表于 2014-6-17 16:08 | 显示全部楼层
You should have told us 10 years ago.

点评

now also not too late...  发表于 2014-6-17 17:28

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发表于 2014-6-17 17:48 | 显示全部楼层
i prefer you put all....his articles together...also....put the link...where you copied from!!

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发表于 2014-6-18 06:50 | 显示全部楼层
那请教你认为如有什么因素会导致public bank不再值得投资了?thk.

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发表于 2014-6-18 16:48 | 显示全部楼层
Good sharing

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发表于 2014-6-18 19:38 | 显示全部楼层
semua dua dua liap punya stock....

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x 6389
发表于 2014-6-18 21:09 | 显示全部楼层
本帖最后由 flycrab 于 2014-6-18 21:24 编辑

低风险低回酬,标叔老了,大众银行也老了,属於典型老人股,我认为年轻人该投资民生银行,那属于年轻时的大众银行,或者是中国的富国银行

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x 13
发表于 2014-6-19 17:25 | 显示全部楼层
谢谢楼主分享

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发表于 2014-6-19 22:15 | 显示全部楼层
flycrab 发表于 2014-6-18 21:09
低风险低回酬,标叔老了,大众银行也老了,属於典型老人股,我认为年轻人该投资民生银行,那属于年轻时的大 ...

建行,属于中年人吗?

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x 6389
发表于 2014-6-20 00:32 | 显示全部楼层
mjboon 发表于 2014-6-19 22:15
建行,属于中年人吗?

说得好

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发表于 2014-6-20 00:48 | 显示全部楼层

那么,年轻人的民生银行长期比中年人的建行爆发力较好?民间 vs 国有

点评

基本面看,它ROE较高,派息较低....复利效应会较强嘛!  发表于 2014-6-20 07:26

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x 1
发表于 2014-6-20 23:32 | 显示全部楼层
Will keep an eye at PBBANK on next economy crisis!

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发表于 2014-12-4 13:05 | 显示全部楼层
kokleonglee 发表于 2014-6-18 06:50
那请教你认为如有什么因素会导致public bank不再值得投资了?thk.

What if 标叔no longer around!

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发表于 2014-12-4 13:54 | 显示全部楼层
AseaTradingLink 发表于 2014-12-4 13:05
What if 标叔no longer around!

应该是说已不在PB BANK 的意思吧。

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发表于 2014-12-4 13:57 | 显示全部楼层
本帖最后由 AseaTradingLink 于 2014-12-4 14:01 编辑
kokleonglee 发表于 2014-12-4 13:54
应该是说已不在PB BANK 的意思吧。


应该是说........去世!.......有没有接班人计划?

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发表于 2015-2-17 22:58 | 显示全部楼层
无风险不叫投资。

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发表于 2017-5-19 19:36 | 显示全部楼层
提示: 作者被禁止或删除 内容自动屏蔽

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