Stock Name: ASIAFLE
Company Name: ASIA FILE CORPORATION BHD
Company Name: ASIA FILE CORPORATION BHD
| Research House: CIMB | Price Call: SELL | Target Price: 3.28 |
Target RM3.28
Associates and the newly acquired UK paper company provided a boost to 3QFY3/12 earnings, which came in handy as Asia File's core stationery business is still not on the mend. But the crisis in Europe opens up M&A opportunities as some of its rivals are cash-strapped.
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