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

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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My investment with RM5,000 initial capital have been growing since 2005.I found the stock market appears confusing and complicated, but it is most definitely based on logic "supply and demand". However, the laws of supply and demand as observed in the markets do not behave as one would expect. To be an effective trader, there is a great need to understand how supply and demand can be interpreted under different market conditions and how to take advantage of this Off Market Transactions in KLSE.

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