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Bank Jabar Banten Profit Up 140% in Quarter I-2011 Stock Rumors - detikFinance E-mail

Rumors of financial reports first quarter 2011 PT Bank Jabar-Banten Tbk (BJBR) which will be released later this month indicate pre-tax profit reached Rp 350 billion, up 140% over the same period last year (YoY). This figure is 24% higher on foreign analyst consensus.

"The big local players continue to make collections of this stock, due to rumors BJBR will be drawn up to Rp 1,800. In fact, they recommend to keep stock of this bank," said one market participant, on Tuesday (19/04/2011).

He said, dated 19 April 2011 on this day is cum dividend BJBR Rp 59 per share. According to him, this dividend has a yield large enough for a banking stock whose price was USD 1350 per share.

In trading today, until 10:18 o'clock JATS time, BJRB stock price fell 10 points (0.72%) to a level of USD 1360 per share. Its shares traded 569 times with a volume of 28,390 lots valued at USD 19.263 billion.


Disclaimer: The Editorial detikFinance not responsible for the content of this stock rumors. All investment decisions remain in the hands of investors.
 

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