Sunday, November 15, 2009

The banks in Malaysia

HSBC Malaysia, which is not listed in Malaysia, reported a drop of net profit for nine months ended Sept 30.

This has spur my interest to look at the banking stocks in Malaysia. pbbank currently has PE 14.2 and DY of 5.0%. Other local banks have a ratio pale in comparison to pbbank, to and extend that i need not compare them side by side with pbbank at all.

again perhaps i should compare it side by side with regional banks such as dbs, uob and ocbc

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