Bursa Malaysia Stock Watch

AMMB Holdings RM5.65: Hold

kltrader
Publish date: Thu, 17 Nov 2011, 03:43 PM
kltrader
0 20,638
This blog provides consolidated Bursa Malaysia stock market research, analysis, news and blogs from various sources. You can search and find all the past analysis and coverage on stocks and news by searching within this site. While this blog re-publishes contents from other sites, it does not own the rights nor responsible for the accuracy of the contents. If you disagree to your content from being published here, please add a comment, and your article will be removed from this site.
In a preservation mode 

Within expectations. On expectations of more moderate earningsgrowth in 2H, AMMB's 1HFY12 net profit of RM811m (+15.7% YoY)was within estimates at 55% and 53% of our full-year forecast andconsensus respectively. Our forecasts and Hold call are maintained asis our target price of RM6.30 (1.6x CY12 P/BV, ROAE: 13.5%).

Maybank research (17 November 2011)

Click here for full report ''
Related Stocks
Market Buzz
Discussions
1 person likes this. Showing 0 of 0 comments

Post a Comment