Bursa Malaysia (KLSE) Daily Info Edge Zone

PBBANK 4Q2009 Report Roll Out Next Week Push Share Go Higher

Durian Edge
Publish date: Fri, 15 Jan 2010, 08:03 AM
Durian Edge
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Yesterday PBBANK close at RM11.52 due to next week the 4Q2009 report will be roll out together with dividend. However base on the share buy back activity it likely to issuer share compare cash dividend. Base on the chart the price may go higher by end of JAN 2010 to hits above RM11.70 and RM12.00 before cash out dividend or share at mid FEB 2010.
























Due to the price moving up all PBBANK call warrant is making a big money. I still keeping the PBBANK-CL buy in at RM0.135, RM0.150 & RM0.16 with avg at RM0.15. Base on the closing price at RM0.20 yesterday it was 33.33% of profit. However warrant is a short term investment tool so it need to sale before any dividend cash out from mother share.
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