PBBANK To Hold On RM 11.60 Level

Before review out the 4QFY2009 financial report, PBBANK share did not move mach just around RM11.00 level for above 2 months. During last 2 months year 2009, the big fund is accumulate share for a big push up and just enter into the year 2010, PBBANK share price rally to hits RM12.00 level on the day financial report roll out.

After the element of good financial result the share enter a concretion zone to hits back RM11.00 level. Now PBBANK is building up a base at RM11.60 level plus trading in some vol, it likely some big fund may testing the market after hidden potential buying.

PBBANK 1QFY2010 will be out around 2 week of APR, so big fund may use the news to push up the share before the result been review. However to get a clear sign to buy into PBBANK is not the time yet but keep an eye on this share may bring some profit opportunity.

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