Bursa Malaysia Stock Watch

BIMB - Managing expectations

kltrader
Publish date: Thu, 08 Mar 2012, 03:36 PM
kltrader
0 20,246
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.
BIMB Holdings; Hold; RM2.32
Price Target: RM2.20; BIMB MK

Expect 2012 loan growth to moderate and NIM to weaken as competition sets in. Asset quality remains stable; gross NPL ratio (2.6% in FY11) should continue to improve. Downgrade to Hold on more challenging outlook; maintain RM2.20 TP.

Source: HwangDBS Research 8 March 2012
Related Stocks
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment