Stock Price Target

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Last Price Avg Target Price   Upside/Downside Price Call
20.38 21.76     +1.38 (6.77%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
08/06/2017 20.22 22.90 +2.68 (13.25%) BUY MACQUARIE GROUP Price Target News
21/04/2017 19.96 22.00 +2.04 (10.22%) BUY UOBKayHian Price Target News
21/04/2017 19.96 22.10 +2.14 (10.72%) BUY TA Price Target News
21/04/2017 19.96 23.30 +3.34 (16.73%) BUY MIDF Price Target News
21/04/2017 19.96 21.17 +1.21 (6.06%) HOLD KENANGA Price Target News
21/04/2017 19.96 19.86 -0.10 (0.50%) HOLD HLG Price Target News
05/04/2017 19.94 22.00 +2.06 (10.33%) BUY MACQUARIE GROUP Price Target News
03/02/2017 20.20 22.00 +1.80 (8.91%) BUY UOBKayHian Price Target News
03/02/2017 20.20 20.90 +0.70 (3.47%) HOLD TA Price Target News
03/02/2017 20.20 22.60 +2.40 (11.88%) BUY MIDF Price Target News
03/02/2017 20.20 20.05 -0.15 (0.74%) HOLD KENANGA Price Target News
03/02/2017 20.20 19.86 -0.34 (1.68%) HOLD HLG Price Target News
03/02/2017 20.20 22.50 +2.30 (11.39%) BUY ALLIANCE Price Target News
02/02/2017 20.10 22.00 +1.90 (9.45%) BUY MACQUARIE GROUP Price Target News

Price Target Research Article/News (past 6 months)
08/06/2017  MACQUARIE GROUP MQ Research: Outperform on Public Bank - Target RM22.90
21/04/2017  UOBKayHian Public Bank: 1Q17: Earnings Underpinned By Solid NIM And Benign Provisions
21/04/2017  TA PUBLIC BANK - 1QFY17 Results Within Expectations
21/04/2017  MIDF Public Bank - 2nd Consecutive Quarter Of NIM Improvement
21/04/2017  KENANGA Public Bank Berhad - Stable and Consistent, As Always
21/04/2017  HLG Public Bank - A firm beginning
05/04/2017  MACQUARIE GROUP MQ Research - Public Bank Top Pick with TP RM22.00
03/02/2017  UOBKayHian Public Bank: 4Q16: Earnings Surprise On Better NIM And Provision Write-back
03/02/2017  TA Public Bank - FY16 Results Within Expectations
03/02/2017  MIDF Public Bank - Continue To Generate Stable Profitability
03/02/2017  KENANGA Public Bank Berhad - In Line but Caution Ahead
03/02/2017  HLG Public Bank - A steady ending
03/02/2017  ALLIANCE PUBLIC BANK - Stellar delivery despite challenges
02/02/2017  MACQUARIE GROUP MQ Research: Public Bank well ahead of the pack

  3 people like this.
mfmqqq recommended trading buy for public bank berhad..tp23.67...buy, accumulate and hold for 4th quarter...buy...gd luck...
17/03/2017 09:44
leslieroycarter last year 28/9 was the highest.....
17/03/2017 11:16
goldentriangle The bear is coming...
DJI was big plunged to closed at 20,668.01 (-237.85) (-1.14 percent)
And for oil price, Brent tumbling to closed at $50.98 (-0.64) (-1.24 percent)
Nymex also tumbling to closed at $48.25 (-0.66) (-1.35%)
22/03/2017 06:32
leslieroycarter very poor n sorry returns fr PBB share if were to compare with maybank....i see nothing good in PBB coz poor div alone is not the way to treat the minority shareholders . No bonus for a no of donkey years but only one expensive right lately. Nothing tangible coming fr PBB es the old man who is helming the throne. Very stingy old man.....
24/03/2017 14:11
Jack Leo Agreed... no movement, low dividend, no incentives to hold. Returns is less than FD rates. Thumbs down
24/03/2017 18:01
leslieroycarter Do not believe in Blue Chips anymore , more so for PBB ....stingy in everything until doom's day.
26/03/2017 12:21
face yeah,,,.. bank fatty tattt
27/03/2017 10:09
Wakong141242 agm meeting today get what arr? no lunch, no gift?
27/03/2017 12:37
masterus psiptek is cheap. Only 0.19. its nta is 0.59.
27/03/2017 15:01
angelbooks03 http://www.angelpoiwoon.com/2017/03/agm-pbbank-51st-agm-2017.html


这场AGM并没有提供早餐或午餐,只有咖啡和茶。也以为就这样了,后来发现这大大的招牌: Shopping voucher will be given after you vote.

27/03/2017 18:15
mikee one have to imagined that this USD$50 billion or at least initial $10 billion from all e-trades permits approvals generate from DFTZ/Alibaba when start in 2018 or early 2019 is COMPULSORY/MUST pass tru DNEX (4456) e-services software platform tat currently been authorized by Gov to integrates with most gov agencies to get each items/goods pass on from shippers to consumers.
Just 1 segment from IT can rake up 1000% folds profits, haven't count others segments like O&G, Hydro Energy, Foreign Workers Permit, VEP and RFID profits.

go and read mind boggling good revelation about DNEX (4456) from Cruz......
28/03/2017 02:14
mikee Dnex (4456) true facts....

Government Intermediaries.
The country’s external trade has been expanding continuously over the last three decades. As such, the demand on government services also increases annually. To cope with business demands and constraints on government capacity expansion, the government outsources some of its functions, by privatising specific government functions, setting up or appointing a private and commercial entity to run the outsourced function. These entities are monopolistic outsourced service providers.

In the case of Customs, the online customs clearance activities have been outsourced to a company Dagang Net Sdn. Bhd. which is an e-commerce service provider. Dagang Net has performed over 275 million electronic transactions and RM1.8 billion worth of Customs duty payments and serves more than 5000 customers.

The customers base will definitely expand as the just newly launched DFTZ and Alibaba gigantic USD$50 billion digital economy trades will definitely benefits 100% DNEX (4456).
28/03/2017 08:15
leslieroycarter He even mentioned if u were to invest 1000 share in 1967 , u will b getting in millions ?
Why not he asked if we were to invest buying land in 1967 , do u know how much u will b getting ?
He must ask n compare with other banks like Maybank , just calculate how much u will b getting?
Something like compare chicken n egg .
The important thing is to take care of the minority shareholders not 99% company n 1% minority shareholders.
Do u know how much u r getting for investing 20k in Pbb?
A mere rm 500-600 pa , nothing else .
Is there any capital gain? Zero....
05/04/2017 12:16
Jack Leo This I agree.. A mere 500-600 is less than 3%. Might aswell put in FD. No risk but same returna
09/04/2017 19:59
cynachen ok la leslie, lock your profit from pbbank and jump to maybank la, this old man bank not suitable for you liao la, hopefully you recover from being "cheated" by the old man, cheers!
15/04/2017 23:18
albertwarrior Psiptek already break 0.20 to 0.215.https://klse.i3investor.com/blogs/stockalliance/120744.jsp
17/04/2017 09:54
albertwarrior US Dollar Index (DXY) Starts Off the Week with a Move to the Downside
By Tracy Morganthall, CMT -April 17, 2017 - 12:40 BST
Stocktwits StockTwits
The US Dollar Index (DXY) is lower in today’s trading, currently holding near 100.27, a decline of 0.24% from Friday’s close.

Support is at the 100.00 level, which was tested and held last Thursday. This level also represents a 50% retracement of the advance from the March low. On a drop below this retracement level, the target would become the 61.8% retracement, which comes in near the 99.80 level.

With the Stochastic, a price momentum indicator moving lower but still well above an oversold level, the current bias for DXY is to the downside.

In the US today, the NY Empire State Manufacturing Index will be released at 08:30 ET. This will be followed by the NAHB Housing Market Index for April at 10:00 ET.

Housing Starts and Building Permits will be released at 08:30 ET on Tuesday, April 18th. This will be followed by Industrial Production and Capacity Utilization at 09:15 ET.
17/04/2017 21:41
albertwarrior NEWS | Apr 17, 15:08 GMT
USD/CHF nears parity as US Dollar Index moves below 100
By Eren Sengezer
As the US Dollar Index continues to move lower in the NA session, the USD/CHF pair accelerates its bearish momentum towards the significant parity level. At the moment, the pair is down 0.35% at 1.0015.

The bearish momentum seems to be fueled mainly by the increasing selling pressure around the greenback. Today's macro data from the U.S. came in below expectations but the traders, coming back from a long weekend, might have been getting rid of their long USD positions because of Friday's data. On Friday, the consumer inflation in the United States recorded a drop after rising for thirteen straight months.

The weak inflation seems to have taken a toll on June rate hike expectations. The CME Group FedWatch shows the probability of a June rate hike now at 46.5%, which has been moving above 60% last week. The USD Dollar Index is down 0.57% on the day at 99.92.

Technical outlook

With a break below 1.0000 (psychological level), the pair could extend the fall towards 0.9970 (200-DMA) and 0.9920 (Mar. 21 low). On the upside, resistances are aligned at 1.0060 (100-DMA), 1.0100 (psychological level/Apr. 10 high) and 1.0160 (Mar. 9 high).
18/04/2017 16:36
masterus US Dollar Index (DXY) Falls Below Major Horizontal Level, Nearing Critical Support Confluence
By Jignesh Davda -April 18, 2017 - 17:57 BST
The US Dollar index dropped below significant support on Tuesday to trade at levels not seen since late March. The index is approaching a confluence of support that will be important for the weekly trend.

Support at 100.18 was previous resistance as it held DXY lower in 2015 on two attempts. There was a consolidation above the level on a daily chart over the past four sessions prior to today’s break lower.

Along with the drop below 100.18, DXY has also fallen below the psychological 100.00 level for the first time in April.

Support for the index at 99.43 will be important. The level was previously viewed as the neckline of a head and shoulder’s pattern. A break below the level in late March was not sustained and had resulted in a nearly immediate reversal. As such, the pattern will no longer carry as much significance among many technical traders.

There is a confluence of support at 99.43. It marks the spike low from December and had held the index higher at the end of January and early February. There is also a rising trendline within proximity. The trendline connects the May low with a low in June and has been respected on several dips, including the spike low on the US election day. Slightly below the level, the 200-period daily moving average offers additional support.

The 200 DMA is currently near the 99.00 handle which is also near the 61.8% Fibonacci level measured from the US election spike low to this year’s high and marks prior resistance from October.

Near-term resistance falls at the broken support level of 100.18.
19/04/2017 07:42
albertwarrior Us dollar index 99.76
20/04/2017 12:20
albertwarrior Chinese Yuan Assets Held By Foreign Central Banks Up 13%

April 21, 2017 — 16:27 HKT
Follow China Money Network on Facebook, Twitter and LinkedIn.

Foreign central banks held a total of RMB563.5 billion (US$81.1 billion) Yuan-denominated assets by the end of last year, up 13% year-on-year, indicating increasing willingness by foreign central banks to hold Yuan assets on their balance sheets.

"We are optimistic about the rising Yuan assets held by foreign central banks. This reflects the Yuan’s formal inclusion in the SDR currency basket with the opening of China’s financial market, and the increasing willingness of overseas institutions to accept yuan-denominated products and to hold yuan assets," said Wang Chunying, spokesperson for China’s State Administration of Foreign Exchange (SAFE), during a press conference yesterday.

China is working toward achieving full RMB convertibility and make it a global reserve currency of choice before 2020. But the RMB's share of global central bank holdings is still tiny.

As of March 2015, 62.9% of global central bank reserves, or US$3.826 trillion, were in U.S. dollars. Euro reserves, worth US$1.351 trillion, represented 22.2% of the total. Japanese Yen took a 3.9% share with US$241.2 billion held by central banks, and US$116.2 billion worth of Canadian dollars were held by central banks.

RMB still has a long way to go to become a major reserve currency. With uncertain global economic outlook and economic headwinds China is facing at home, analysts have warned that the country may have to push back its objective to a later date.

Of the RMB563.5 billion Yuan assets held by foreign central banks, 92% are debt securities, with equities and investment funds making up 7.4%, according to SAFE data.

Foreign central banks hold Yuan-denominated bonds, particularly treasury bonds, reflecting foreign investors' long term confidence in China's economy and financial system, Wang said during the press conference.

The Yuan has become increasingly prominent in cross-border capital flows in recent years. It made up 4% of global foreign exchange trading last year, and 1.9% of global payments in February, according to official data.
21/04/2017 17:31
kengwen Any good news? today up 0.50
02/05/2017 15:21
Jonathan Keung ringgit strenghten against the USD. last traded 4.33 to a dollar ( against past 4 month price range of 4.48-4.40 ) More FDI flowing in ( taking advantage of the strenghtening dollar )
02/05/2017 16:05
leslieroycarter Up 32c n invited millions selling, good or bad?
02/05/2017 16:33
masterus Canada’s economy has been on a tear the past six months, with output and jobs beating expectations (at least until the most recent jobs report).

But there’s one aspect of Canada’s economy that’s positively in the dumps: The loonie, which according to Bank of Montreal senior economist Sal Guatieri, is the “worst-performing major currency this year.”

world currencies vs us dollar
Most major currencies have risen against the U.S. dollar since the start of the year. The loonie is not among them.


The loonie “is the ugly duckling of the currency world in 2017,” declared National Bank Financial senior economist Stefane Marion.

Typically, when the world’s currencies rise against the U.S. dollar, the loonie follows. But this time around, the Canadian dollar’s performance has been even worse than the U.S.’s.

“This type of disconnect is extremely rare,” Marion wrote in a client note Thursday. He estimated that the loonie is the most disconnected it’s been from the U.S. dollar’s movements in more than a decade.
06/05/2017 15:52
Zoe0016 any good news?
16/05/2017 10:21
leslieroycarter Public bank should have its share split n bonus given in order to make it tradeable n more liquid.
16/05/2017 11:55
Jonathan Keung Yup.totally agreed. PBB Board should split the shares and make it more attractive for the retail players
17/05/2017 10:05
Gwen Jing Tn What is pbb dividend from 2014 to 2017?
19/05/2017 01:17
Gwen Jing Tn What is pbb dividend price from 2014 to 2017?
19/05/2017 01:18
leslieroycarter Norminee under Citigroup for EPF is selling .....
19/05/2017 11:46
geary http://www.valuewalk.com/2017/06/bank-profitable-using-efficiency-ratio/
05/06/2017 08:26
Zoe0016 EPF is buying back? =,=!
05/06/2017 11:05
Jonathan Keung people are pushing (buying) up Maybank and CIMB. PBB is too expensive, PBB Board needs to do a share split
05/06/2017 11:29
leslieroycarter If u owned pbb shares since 1992 , u r millionaires ? I had owned this share for a long long time , still not millionaire ? The writer must b joking.....
05/06/2017 21:09
Jonathan Keung PBB needs to split its share and give bonus to the shareholders ( if not only big funds can invest )
07/06/2017 10:44
goldentriangle As at 11.32pm, oil price tumbling..
US Nymex: $46.20 (-$1.99)
Brent: $48.47 (-$1.65)
07/06/2017 23:33
worldbaba Buy ambank. Already tested bottom.
13/06/2017 15:22
masterus FRANKFURT: The European Central Bank (ECB) said Tuesday it had exchanged part of its US dollar reserves for Chinese yuan for the first time, in a sign of the growing global importance of Beijing’s currency.

The Frankfurt institution “completed an investment equivalent to 500 million euros (RM2.4bil) of the ECB’s foreign reserves in Chinese renminbi (CNY) during the first half of 2017,” it said in a statement.

Justifying its decision, the ECB said that “the use of CNY as a global international currency has increased in recent years,” being declared a freely-usable currency by the IMF in 2015.

”The ECB’s investment also reflects the importance of China as one of the euro area’s largest trading partners,” it added.

Its purchase of the Chinese cash was paid for with “a small portion of its US dollar holdings, which remain the largest portfolio,” it added.

The ECB’s foreign reserves, held in US dollars, Japanese yen, Chinese renminbi, and International Monetary Fund Special Drawing Rights (SDRs), remained at the same overall size.

Figures released last month showed that the ECB’s official reserves stood at over 68 billion euros at the end of April, including 47.7 billion euros in foreign currencies and 18.8 billion euros in gold.

The ECB only publishes figures on its holdings of individual currencies in its annual report at the end of each year.

In December 2016, the central bank held US$46.8bil in US dollars (41.7 billion euros), and 1.1 trillion Japanese yen (8.8 billion euros). - AFP
14/06/2017 07:45
Jonathan Keung USD is over valued but at this point of time there is no other currency ( denominated apart from USD ) able to replace it. Every country is moving part of their reserve into SDR ( World bank ) and also into Yuan, Sterling pounds, Yen, Swiss , Euro and Gold .
14/06/2017 11:35
masterus In rare feud, Singapore PM Lee under attack by his siblings
The younger siblings of Singaporean Prime Minister Lee Hsien Loong have accused him of abusing power in a public statement.
The PM, currently on leave, has denied the allegations.
Nyshka Chandran | @nyshkac
4 Hours Ago
A rare feud between Singaporean Prime Minister Lee Hsien Loong and his siblings has publicized the deep divisions weighing on the island-nation's first family.

In an explosive statement on Wednesday, Lee Wei Ling and Lee Hsien Yang — the PM's younger sister and brother, respectively — accused their elder brother of abusing power and exploiting their father's legacy for political gain.

The city-state's first PM and father to all three siblings, Lee Kuan Yew (LKY) passed away in March 2015.

Prime Minister Lee Hsien Loong of Singapore
Getty Images
Prime Minister Lee Hsien Loong of Singapore
"Since the passing of LKY, we have felt threatened by Hsien Loong's misuse of his position and influence over the Singapore government and its agencies to drive his personal agenda," Wei Ling and Hsien Yang said.

Wei Ling has long been a vocal critic of PM Lee — last year, she denounced him for using LKY's one-year death anniversary as a political tool in a series of Facebook posts — but Hsien Yang, chairman of the country's Civil Aviation Authority, has steered clear of public family spats until now.

In their statement, widely carried on social media and local newspaper the Straits Times, the siblings expressed fear that state organs would be used against them. Hsien Yang said he was leaving Singapore, citing the PM as the sole reason for his departure.

"If Hsien Loong is prepared to act thus against us, both contributing members of Singapore's establishment, to advance his personal agenda, we worry for Singapore."

Instead of demolishing LKY's house as the former leader desired, the PM has sought to make the residence his personal home — a move that would enhance his political capital, the siblings continued.

The PM and his wife Ho Ching — CEO of Temasek Holdings, Singapore's $196 billion sovereign wealth fund — also harbored political ambitions for their son Li Hongyi, the statement said.
14/06/2017 17:21
masterus US dollar nurses losses as Trump investigation, weak US data overshadow Fed
Thursday, June 15, 2017 - 08:52

[TOKYO] The US dollar nursed losses on Thursday as weak US inflation data left investors wondering if the Federal Reserve would follow up its latest rate hike with another later this year.

Deepening political turmoil in Washington also weighed on the greenback, with the Washington Post reporting that US President Donald Trump is being investigated by special counsel Robert Mueller for possible obstruction of justice.

Also on Wednesday, a prominent Republican was among those shot by a gunman said to be angry with Mr Trump.

The US dollar index, which tracks the US currency against a basket of six rivals, was flat on the day at 96.932 but above its overnight low of 96.323 plumbed after downbeat economic figures.
15/06/2017 10:36
masterus US Dollar Index (DXY) Maintains Bulk of Loss Following Fed Decision
By Tracy Morganthall, CMT -June 14, 2017 - 19:41 UTC
Stocktwits StockTwits
The US Dollar Index (DXY), which measures the greenback’s strength against a basket of six major currencies, moved sharply lower following the release of CPI and retail sales today at 08:30 ET. And in the wake of the FOMC announcement, DXY has failed to sustain a strong bid and is currently trading at 96.63, a loss of 0.37% from Tuesday’s close.

The Fed raised interest rates 25 bps to 1.00-1.25%, as expected. And the FOMC statement indicated that it expects to implement balance sheet normalization this year, as expected.

DXY experienced volatility at the time of the announcement. However, the bias remains to the downside, with first support at today’s 96.32 low. Initial support could be found at 96.50. However, further downside below this level is expected.

With the Stochastic, a price momentum indicator, still moving lower prior to reaching an overbought level, periods of strength still appear best used as a selling opportunity.
15/06/2017 10:56
masterus Chinese yuan strengthens to 6.7852 against USD Thursday
Source: Xinhua| 2017-06-15 09:47:51|Editor: Mengjie

BEIJING, June 15 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 87 basis points to 6.7852 against the U.S. dollar Thursday, according to the China Foreign Exchange Trade System.
In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.
The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.
15/06/2017 12:12
goldentriangle 美司法部:挪用1MDB资产·要充公72亿

星洲日报头板, 第三板,第四板 全面报導 美国司法部寻求充公源自1MDB的 17亿美元(约72亿令吉)不当挪用的资产...
17/06/2017 10:10
leslieroycarter 跌到停板才好,不然大家认为国家还有看头?
19/06/2017 13:54
Jonathan Keung LKY is a legacy . LSH squabbles with his siblings is stricitly a family fued.
20/06/2017 11:33
goldentriangle As at 10.08pm, oil price tumbling..
US Nymex=> $43.11 (-$1.32)
Brent=> $45.59 (-$1.32)
20/06/2017 22:08
masterus The US Dollar continued to slide against the Japanese Yen Thursday despite a lack of obvious catalysts and, indeed, a rather “dovish” speech form the Bank of Japan’s Deputy Governor Kikuo Iwata.

There was nothing new in his comments to business leaders. He reminded them, as if they needed it, that the inflation outlook remains skewed to the downside and that, in his view, the BoJ must carry on with its “powerful” monetary easing. He noted that inflation remains low despite record corporate profits and a domestic labor market near full employment.

Consumer prices were rising at an annual 0.4% in Japan at last official look, clearly way below the 2% target, which hasn’t been neared since 2015.

Still, at the very least this sort of commentary underlines the fact that the central bank is nowhere near considering any exit from its extraordinary levels of monetary accommodation. It has been under pressure to explain how it would unwind some of its stimulus as the bonds bought in the name of that program have seen the BoJ’s balance sheet surpass the Gross Domestic Product of Japan.

Nevertheless USD/JPY faded further as the Asian session went along. The greenback made three-week highs on Tuesday but has retreated gradually since

22/06/2017 13:12
masterus (File pix) Ringgit appreciated against the Singapore dollar to 3.0838/0878 from Wednesday’s close of 3.0843/0869 and strengthened against the yen to 3.8532/8582 from 3.8574/8608 yesterday. Reuters Photo
By Bernama - June 22, 2017 @ 10:18am
KUALA LUMPUR: The ringgit opened higher against the US dollar today on mild buying, dealers said.

At 9 am, the local unit stood at 4.2840/2880 against the greenback from 4.2860/2890 on Wednesday.

A dealer said the market sentiment was lifted by better economic data from the Department of Statistics which showed that inflation in May rose 3.3 per cent year-on-year as compared to 4.4 per cent in April.

The ringgit, however, was traded mixed against a basket of major currencies.

It appreciated against the Singapore dollar to 3.0838/0878 from Wednesday’s close of 3.0843/0869 and strengthened against the yen to 3.8532/8582 from 3.8574/8608 yesterday.

The local unit eased against the British pound to 5.4283/4342 from 5.4085/4131 yesterday and edged down against the euro to 4.7818/7871 from 4.7759/7809 on Wednesday. -- Bernama
22/06/2017 16:22


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