RHBInvest Research

Monday, April 18, 2011

Top Story: Shifting Trends

  • Market Update
  • BN’s win means that the Government will most likely continue its agenda for development of Sarawak under the SCORE economic corridor.
  • BN’s win in Sarawak will likely be viewed positively by the market, which will also raise speculation about the timing of the next general election. . Our long-term positive view on the equity market is unchanged and we reiterate our year-end FBM KLCI target of 1,700.

Corporate Highlights

  • Visit Note
  • Growth to moderate
  • We still like Axiata, which offers growth prospects albeit moderating this year. Maintain our SOP fair value of RM5.75, but upgrade to Outperform due to recent share price weakness.


cottasofia May 6, 2011 at 7:42 PM  

Hope someone from rhbinvest can elaborate further on raising the eligibility of credit cards and shortening the repayment period of HP financing.

Miami Florida Real Estate Attorney

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