RHBInvest Research

CIMB:

• 4Q10 results may beat our estimates.
• No change to forecasts. Fair value is RM9.80 and Outperform call maintained.

Corporate Highlights

Axiata:

• To end on a high.
• Maintain fair value at RM5.75, we downgrade Axiata from Outperform to Market Perform.

Kossan:

• Expecting FY10 core net profit to be flat yoy.
• No change to forecasts. Maintain fair value at RM4.25

AMMB:

• Tracking expectations.
• Fair value raised to RM7.42. Upgrade to Outperform from market performs.