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2010-12-28

PBBANK Is Drop Back To RM12.80



















PBBANK price had caped on RM12.80 already for 2 months, the vol for this 2 months is low compare to month of Sep and Oct. Along month of Nov and Dec PBBANK share had try to broken RM 13.00 level but fail and what I see is the vol to sale down the share is not high. However as this week is the last week of the year and I believe PBBANK 4Q financial result will be good and will be announce on Jan 2011 before Chinese New Year may likely to push share price beyond RM13.00. CIMB TP is at RM 14.20.

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