Stock Name: BIMB
Company Name: BIMB HOLDINGS BHD
BIMB Holdings; Hold; RM2.32
Price Target: RM2.20; BIMB MK
Expect 2012 loan growth to moderate and NIM to weaken as competition sets in. Asset quality remains stable; gross NPL ratio (2.6% in FY11) should continue to improve. Downgrade to Hold on more challenging outlook; maintain RM2.20 TP.
Source: HwangDBS Research 8 March 2012
Company Name: BIMB HOLDINGS BHD
| Research House: HWANGDBS | Price Call: HOLD | Target Price: 2.20 |
BIMB Holdings; Hold; RM2.32
Price Target: RM2.20; BIMB MK
Expect 2012 loan growth to moderate and NIM to weaken as competition sets in. Asset quality remains stable; gross NPL ratio (2.6% in FY11) should continue to improve. Downgrade to Hold on more challenging outlook; maintain RM2.20 TP.
Source: HwangDBS Research 8 March 2012
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