Thursday, February 23, 2012

CIMB - CIMB Niaga delivers

CIMB Group Holdings; Hold; RM7.29
Price Target: RM7.60; CIMB MK

CIMB Niaga’s 4Q11 result was in line, but cautious outlook for 2012. CIMB Group will release results on 27 Feb. Maintain Hold with RM7.60 TP.

Source: HwangDBS Research 23 Feb 2012

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