Here is one of the stock pick from KLSE would like to share over here, which is Public Bank.
Public Bank (PUBM:KLSE) is one of the stock that beat the market performance. Solid quarterly performance from Q4 06 until Q3 07 due to NPM improved from 20% to 23% as shown in the table below.
PE analysis result:
based on the projection of 20 analysts (referring to Business Week as source), the annual EPS is estimated as RM0.59. Thus, the fair value price is RM10.00. (Average of Historical PE x Projected EPS)
Thus, good company but still not the right time to BUY IN.
For more info, you can visit to
http://
bigdealsmalldeal.blo
gspot.com/2007/11/
stock-analysis-
public-bank.html or
http:// bigdealsmalldeal.blo
gspot.comGood Luck!
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