What do you intend to do with your PBBank stocks. Looks like they have made you a tidy sum, on paper, at least. Long term? Dividend etc? Don't you think at over KLCI 1300 point's we are reaching the sky? Or already have. In terms of price appreciation there isn't much to hope for. The downside risk is obviously there. Unless of cos this bull runs on forever. Have you thought about unloading now or somewhere in the near future and get in later at lower down price?
Not as yet elmo1988, i'm going to keep PBBank as long as i want for very long term & also for dividend. You know what, i heard rumour says PBBank is giving $1 back to shareholder, not sure this is true? you may be right in the sense that KLCI over 1300 is already at all time high but judging the reginal market, there still a room to grow though the upside is limit & the downside is high. As you can see i'm a keeper, for the price that i got in for PBBank. i would not want to bother it for now. In the long run i may get back all my capital of PBBank through dividend, by then i'm 100% on profit, can keep till my grandson unless needed money urgently...he.he.he
On the other hand, remember during the last crisis, Maybank was one of the "star" stock. And it has shot down to somewhere around RM2.70? or less per share!! That was when nobody gets interested in stocks. O.K. it later moved uyp to RM3.20... what a heck. I didn't get in at RM2.70, why should I at RM3.20? That's the line I got from many whom I talked to on the "get-in" point for Maybank stock. Of cos the rest is history. Now I pose this to you. What if in the near future the PBBank shoots down into rm6.00 or so? Why buy and hold? That's of cos just hypothetical. So was the 1998-1999 days. At KLCI 1300 or so how much upside can there be? And how much more downside possibility!! O.K. it's know fact that when the market moved south, all share move in tendem. Blue chips or green. They all dive. I have seen them. I can't say they will.
Is very true elmo1988, irregardless how good is your stocks are, one thing for sure is that price will go in tandem with the market but this is the nature of stock market what goes up must come down. One greate thing we learn here is never go against the market. My strategy is more on dividend play, i will normally evaluate the share price/PE/EPS. If PBBank were to shoot down at $6, its PE is about 11 then, which is relative low i would said. I will definately buy in for dividend sake and hope for price appreciation. if dip further will accumulate further. In the long run we tend to benefit. It also very much depend on the situation as every individual has difference kind of preferences. I will sell the stocks when i feel that it has reached it intrinsic value & unreasonable. At 1300 point, is not very much to hope for but it will stay for a while for now. No one knows when is the best "get-in" point, thus, go by fundamental is my key point.
4 comments:
Hi Horse,
What do you intend to do with your PBBank stocks. Looks like they have made you a tidy sum, on paper, at least. Long term? Dividend etc? Don't you think at over KLCI 1300 point's we are reaching the sky? Or already have. In terms of price appreciation there isn't much to hope for. The downside risk is obviously there. Unless of cos this bull runs on forever. Have you thought about unloading now or somewhere in the near future and get in later at lower down price?
Not as yet elmo1988, i'm going to keep PBBank as long as i want for very long term & also for dividend. You know what, i heard rumour says PBBank is giving $1 back to shareholder, not sure this is true? you may be right in the sense that KLCI over 1300 is already at all time high but judging the reginal market, there still a room to grow though the upside is limit & the downside is high. As you can see i'm a keeper, for the price that i got in for PBBank. i would not want to bother it for now. In the long run i may get back all my capital of PBBank through dividend, by then i'm 100% on profit, can keep till my grandson unless needed money urgently...he.he.he
Good idea. That's buy and keep.
On the other hand, remember during the last crisis, Maybank was one of the "star" stock. And it has shot down to somewhere around RM2.70? or less per share!! That was when nobody gets interested in stocks. O.K. it later moved uyp to RM3.20... what a heck. I didn't get in at RM2.70, why should I at RM3.20? That's the line I got from many whom I talked to on the "get-in" point for Maybank stock. Of cos the rest is history. Now I pose this to you. What if in the near future the PBBank shoots down into rm6.00 or so? Why buy and hold? That's of cos just hypothetical. So was the 1998-1999 days. At KLCI 1300 or so how much upside can there be? And how much more downside possibility!! O.K. it's know fact that when the market moved south, all share move in tendem. Blue chips or green. They all dive. I have seen them. I can't say they will.
my 2 sen.
Is very true elmo1988, irregardless how good is your stocks are, one thing for sure is that price will go in tandem with the market but this is the nature of stock market what goes up must come down. One greate thing we learn here is never go against the market. My strategy is more on dividend play, i will normally evaluate the share price/PE/EPS. If PBBank were to shoot down at $6, its PE is about 11 then, which is relative low i would said. I will definately buy in for dividend sake and hope for price appreciation. if dip further will accumulate further. In the long run we tend to benefit. It also very much depend on the situation as every individual has difference kind of preferences. I will sell the stocks when i feel that it has reached it intrinsic value & unreasonable. At 1300 point, is not very much to hope for but it will stay for a while for now. No one knows when is the best "get-in" point, thus, go by fundamental is my key point.
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