June 1, 2010

AFFIN - Affin's fair value increased to RM3.58

Stock Name: AFFIN
Company Name: AFFIN HOLDINGS BHD
Research House: RHB

Affin Holdings Bhd was raised to "trading buy" from "market perform" at RHB Research Institute Sdn Bhd after the Malaysian bank reported first-quarter profit that was "above expectations."

The stock's fair value was increased to RM3.58 from RM3.03, RHB analyst David Chong said in a report today. -- Bloomberg

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