Maybank research paper, by Alliance.

TP: 7.83


Attached File(s)
 researchview_Maybank_161109.pdf ( 101.6k ) Number of downloads: 28

yup, recording 52-weeks high at 7.08

this is the second attempt maybank try to break the 7.00 barrier. looks tough, might need a couple of shot before it can stand firm.

This thread needs a bump!

Maybank to expand overseas branches and offices
Maybank aims to expand its number of overseas branches and offices to at least 2,000 in the next few years from 1,750 currently. It plans to set up another 200 branches in Indonesia, expanding from the 250 branches currently within the next three years. The bank has also planned to increase the existing 45 branches in Philippines with five more branches and another four branches in Cambodia to the
existing seven branches. (Bernama)

Comments: Maybank intends to increase its foreign loans contribution from 33% to 40%. And it has managed to grow its overseas presence with the recent acquisition of BII. Given its aggressive regional expansion, better GDP growth and improved capital market, earnings surprises may be forthcoming. We reiterate our Outperform call on Maybank with a target price of RM7.83.

me too lor. *kick kick*

wow, good profits

nothing to lose, since already hold for several months, i just kick mine back to the fridge.

Alliance gave a Outperform (TP:RM7.83) for Maybank.




Attached File(s)
 researchview_Maybank.pdf ( 102.07k ) Number of downloads: 15