Wed, 24 Jul 2019, 3:58 AM
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Topic: CIMB IB Research

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KUALA LUMPUR (July 5): CIMB IB Research has downgraded Axiata Group Bhd to “Hold” at RM5.26 with a higher target price of RM5.40 (from RM4.80) and said recent comments by the government suggest a ...
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KUALA LUMPUR (July 4): CIMB IB Research has maintained its “Reduce” rating on Media Prima Bhd at 49 sen with an unchanged target price 34 sen, and says it sees little possibility of a mandatory ge...
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KUALA LUMPUR (July 4): Yinson Holdings Bhd shares rose 3.68% this morning following a ratings and target price upgrade.
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KUALA LUMPUR (July 4): Yinson Holdings Bhd shares rose 3.36% this morning following a ratings and target price upgrade.
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KUALA LUMPUR (July 4): CIMB IB Research has upgraded Yinson Holdings Bhd to “Add” at RM6.24 with a higher target price of RM7.64 (from RM6.14) and said Yinson is looking to take on three large  f...
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KUALA LUMPUR (July 3): CIMB IB Research has downgraded the Malaysian insurance sector to Neutral and said it is fairly valued now at 12M forward P/E of 11.1x, above its 1 year historical average of 9....
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KUALA LUMPUR (June 27): CIMB IB Research has downgraded Yinson Holdings Bhd to “Hold” at RM6.19 with a higher target price of RM6.14 (from RM5.90) and said Yinson’s 1Q core net profit underperfo...
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KUALA LUMPUR (June 26): Shares in Syarikat Takaful Kelurga Malaysia Bhd (STKM) slipped 1% this morning following a rating downgrade.
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KUALA LUMPUR (June 26): Shares in Syarikat Takaful Kelurga Malaysia Bhd (STKM) slipped 1% this morning following a rating downgrade and target price cut.
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KUALA LUMPUR (June 26): CIMB IB Research has downgraded Syarikat Takaful Kelurga Malaysia Bhd (STKM) to “Reduce” at RM7.01 with an unchanged target price of RM6.50 and said it downgraded STMK from...
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KUALA LUMPUR (June 20): CIMB IB Research has downgraded Barjaya Sports Toto Bhd (BST) to “Hold” at RM2.60 with an unchanged target price of RM2.62 and said BST’s 12M19 net profit was above its e...
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KUALA LUMPUR (June 13): CIMB IB Research has maintained its “Add” rating on Bermaz Auto Bhd at RM2.40 with a higher target price of RM3.30 (from RM2.85) and said Bermaz’s FY4/19 results beat hou...
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KUALA LUMPUR (June 4): CIMB IB Research has maintained its “Add” rating on Yinson Holdings Bhd at RM5.01 with a higher target price of RM5.90 (from RM5.89), and said Yinson inches closer to securi...
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KUALA LUMPUR (May 31): CIMB IB Research has maintained its “Hold” rating on Malayan Banking Bhd (Maybank) at RM9.05 with a lower target price of RM9.29 (from RM9.85) and said at 21% of house full-...
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KUALA LUMPUR (May 31): CIMB IB Research has maintained its “Hold” rating on Telekom Malaysia Bhd at RM3.46 with a higher target price of RM3.46 (from RM3) and said Telekom’s 1Q19 core EPS (+162....
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KUALA LUMPUR (May 30): CIMB IB Research has maintained its “Hold” on Alliance Bank Malaysia Bhd at RM3.74 with a lower target price of RM3.82 (from RM4.18) and said Alliance Bank’s FY3/19 core n...
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KUALA LUMPUR (May 29): CIMB IB Research has upgraded Tenaga Nasional Bhd to “Add” at RM11.66 with a lower target price (TP) of RM13 (from RM13.05) and said it deemed Tenaga’s 1Q19 core net profi...
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KUALA LUMPUR (May 28): CIMB IB Research has maintained its “Add” rating on RHB Bank Bhd at RM5.65 with an unchanged target price of RM6.50 and said RHB Bank’s 1Q19 net profit was within expectat...
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KUALA LUMPUR (May 28): CIMB IB Research has maintained its FBM KLCI target of 1,638 points for end-2019 and said based on its assessment, the KLCI constituents are likely to remain status quo post the...
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KUALA LUMPUR (May 27): CIMB IB Research has maintained its “Add” rating on Genting Bhd at RM6.33 with a lower target price of RM8.40 (from RM9.10) and said Genting’s 1Q19 core net profit was in ...
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KUALA LUMPUR (May 17): CIMB IB Research has maintained its “Add” rating on Dialog Group Bhd at RM3.22 with a higher target price of RM4.59 (from RM4.04) and said it expects Dialog’s quarterly ea...
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KUALA LUMPUR (May 17): CIMB IB Research has maintained its “Add” rating on Carlsberg Brewery (M) Bhd at RM24.24 with a higher target price of RM25.70 (from RM24.30) and said Carlsberg’s 1Q19 cor...
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KUALA LUMPUR (May 10): CIMB IB Research has maintained its “Add” rating on Axiata Group Bhd at RM4.48 with an unchanged target price of RM4.80 and said Axiata’s 1Q19F core EPS should be in line,...
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KUALA LUMPUR (May 9): CIMB IB Research has downgraded Cypark Resources Bhd to “Hold” at RM1.67 with a lower target price of RM1.76 (from RM1.83) and said it expects contribution from the waste to ...
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KUALA LUMPUR (May 7): CIMB IB Research has upgraded Axiata Group Bhd to “Add” at RM4.04 with a higher target price of RM4.80 (from RM4.40) and said Axiata & Telenor may sign a deal to merge their ...
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KUALA LUMPUR (May 6): CIMB IB Research has its FBM KLCI end-2019 target at 1,638 points and said the FBM KLCI fell 0.1% month-on-month (m-o-m) in April and 2.9% in 4M19 to close at 1,642 points due to...
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KUALA LUMPUR (May 2): CIMB IB Research has downgraded Lotte Titan Chemical Holding Bhd (LCT) to “Hold” at RM3.67 with a lower target price of RM3.69 and said LCT’s 1Q19 core net profit was only ...
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KUALA LUMPUR (April 29): CIMB IB Research has initiated coverage on Pentamaster Corp Bhd at RM4.23 with an “Add” rating and target price (TP) of RM5.40 and said Pentamaster could benefit from risi...
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KUALA LUMPUR (April 23): CIMB IB Research has initiated coverage on DKSH Holdings (M) Bhd at RM2.60 with an “Add” rating and target price (TP) of RM3.63 and said DKSH is a leading market expansion...
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KUALA LUMPUR (April 19): Velesto Energy Bhd shares rose 1.70% this morning following a positive technical outlook on the stock.
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KUALA LUMPUR (April 19): Velesto Energy Bhd shares rose 1.70% this morning following a positive technical outlook on the stock.
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KUALA LUMPUR (April 19): CIMB IB Research has maintained its “Add” rating on Sapura Energy Bhd at 30 sen with a higher target price of 32 sen (from 28 sen) and said Velesto has increased its contr...
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KUALA LUMPUR (April 18): Orion IXL Bhd shares rose 5.88% in active trade this morning after CIMB IB Research initiated coverage on the stock at 17 sen with an "Add" rating and a target price (TP) of 3...
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KUALA LUMPUR (April 18): CIMB IB Research has initiated coverage on Orion IXL Bhd at 17 sen with an "Add" rating and a target price (TP) of 33 sen and said Orion plans to turn around from net loss in ...
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KUALA LUMPUR (April 15): CIMB IB Research has maintained its “Add” rating on RHB Bank Bhd at RM5.68 with a higher target price of RM6.50 (from RM6.38) and said it takes a positive view on the incr...
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KUALA LUMPUR (April 8): CIMB Investment Bank Research (CIMB IB Research) has retained its "reduce" call on AirAsia Group Bhd as it forecasted the company to face higher operating costs and gearing lev...
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KUALA LUMPUR (March 29): CIMB IB Research has maintained its “Add” rating on Yinson Holdings Bhd at RM4.59 with a higher target price of RM5.89 (from RM5.29) and said Yinson’s FY1/19 core net pr...
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KUALA LUMPUR (March 21): CIMB IB Research has maintained its “Add” rating on Top Glove Corp Bhd (TOPG) at RM4.50 with a lower target price (TP) of RM5.08 (from RM5.40) and said TOPG’s risk-rewar...
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KUALA LUMPUR (March 21): CIMB IB Research has downgraded Pharmaniaga Bhd to “Hold” to RM2.35 with a lower target price (TP) of RM2.70 (from RM3.30) and said it was slightly negative about the grou...
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KUALA LUMPUR (March 20):  CIMB IB Research has maintained its “Add” rating on Gas Malaysia Bhd (GMB) at RM2.88 with a lower target price of RM3.11 (from RM3.12) and said a recent meeting with man...
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KUALA LUMPUR (March 15): CIMB IB Research has maintained its “Add” rating on Berjaya Food Bhd (BJFood) at RM1.51 with a higher target price (TP) of RM2.23 (from RM1.91) and said BJFood’s 9MFY4/1...
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KUALA LUMPUR (March 8): CIMB IB Research has maintained its “Reduce” rating on Lafarge Malaysia Bhd at RM2.35 with an unchanged target price of RM1.76 and said Lafarge laid-out a challenging outlo...
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KUALA LUMPUR (March 6): CIMB IB Research has maintained its “Hold” rating on 7-Eleven Malaysia Holdings Bhd at RM1.45 with a higher target price of RM1.37 (from RM1.34) and said it came out from 7...
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KUALA LUMPUR (March 5): CIMB IB Research said the KLCI rose 1.4% month-on-month (m-o-m) in Feb to close at 1,708 points due to improved sentiment in the global markets.
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KUALA LUMPUR (March 4): CIMB IB Research has maintained its “Add” rating on Taliworks Corp Bhd at 86 sen with a lower target price of RM1.08 (from RM1.10) and said Taliworks’ FY18 results were a...
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KUALA LUMPUR (March 4): CIMB IB Research has downgraded Bumi Armada Bhd (BAB) to “Reduce” at 18 sen with a lower target price of 15 sen (from 30 sen ) and said BAB’s FY18 core net profit of RM19...
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KUALA LUMPUR (March 1): CIMB IB Research has maintained its “Hold” rating on FGV Holdings Bhd at RM1.12 with a higher target price of RM1.10 (from 92 sen) and said FGV reported a net loss of RM1.0...
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KUALA LUMPUR (Feb 28): CIMB IB Research has maintained its “Hold” rating on UMW Holdings Bhd at RM5.82 with a higher target price (TP) of RM6.36 (from RM6.10) and said UMW’s FY18 core net profit...
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KUALA LUMPUR (Feb 28): CIMB IB Research has downgraded Only World Group Holdings Bhd (OWG) to “Reduce” at 65 sen with a lower target price (TP) of 52 sen (from 65 sen) and said OWG’s 1HFY6/19 co...
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KUALA LUMPUR (Feb 27): CIMB IB Research has maintained its “Reduce” rating on Nestle (M) Bhd at RM149 with a higher target price (TP) of RM110.80 (from RM97.40) and said Nestle’s FY18 core net p...
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KUALA LUMPUR (Feb 27): CIMB IB Research has downgraded Media Chinese International Bhd (MCIL) to “Reduce” at 25 sen with a lower target price (TP) of 19 sen (from 22 sen) and said MICL’s 9MFY3/1...
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KUALA LUMPUR (Feb 26): CIMB IB Research has downgraded Unisem (M) Bhd to “Reduce” at RM3.09 with a lower target price of RM2.70 (from RM3.30) and said Unisem’s FY18 net profit came in 12% below ...
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KUALA LUMPUR (Feb 25): CIMB IB Research has downgraded Axiata Group Bhd to “Hold” at RM4.25 with unchanged target price of RM4.40 and said Axiata’s FY18 core EPS missed expectations due to wider...
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KUALA LUMPUR (Feb 22): CIMB IB Research has downgraded Inari Amertron Bhd to “Hold” at RM1.61 with an unchanged target price (TP) of RM1.65 and said Inari’s 1HFY6/19 results were in line at 49%/...
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KUALA LUMPUR (Feb 21): CIMB IB Research has maintained its “Hold” rating on Heineken Malaysia Bhd at RM22.86 with a higher target price of RM23.20 (from RM20.50) and said Heineken’s FY18 net pro...
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KUALA LUMPUR (Feb 18): Shares of British American Tobacco (M) Bhd (BAT) fell 1.48% this morning after CIMB IB Research downgraded the stock and said it was no longer affordable.
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KUALA LUMPUR (Feb 18): CIMB IB Research has downgraded British American Tobacco (M) Bhd (BAT) to “Reduce” at RM36.30 with an unchanged target price of RM32.77 and said BAT’s share price has rise...
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KUALA LUMPUR (Feb 14): CIMB IB Research has maintained its “Reduce” rating on AirAsia Group Bhd (AAGB) at RM3.12 with a lower target price of RM1.82 (from RM2.12) and said it raises AAGB’s FY19-...
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KUALA LUMPUR (Feb 12): The FBM KLCI dipped 0.19% at mid-morning today, dragged by losses at key index-linked stocks including Public Bank Bhd and Tenaga Nasional Bhd.
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KUALA LUMPUR (Feb 11): CIMB IB Research said supported by an expected year-on-year earnings rebound in FY1/20F and an attractive valuation, Astro Malaysia Holdings Bhd is ripe for the picking after th...
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KUALA LUMPUR (Jan 31): CIMB IB Research has upgraded Lotte Titan Chemical Holding Bhd (LCT) to “Add” at RM4.24 with a higher target price of RM4.70 (from RM4.13) and said LCT’sFY18 core net prof...
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KUALA LUMPUR (Jan 31): The FBM KLCI is likely to remain under pressure heading into the 2H19, where the 126-monthcycle is scheduled to find a ‘bottom’, according to CIMB IB Research.
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KUALA LUMPUR (Jan 29): CIMB IB Research has downgraded UMW Holdings Bhd to “Hold” at RM5.99 with a lower target price of RM6.10 (from RM6.36) and said the group expects stronger sales volume growt...
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KUALA LUMPUR (Jan 15): Shares in Uchi Technologies Bhd rose 2.5% at mid-morning today following a rating upgrade.
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KUALA LUMPUR (Jan 15): CIMB IB Research has upgraded Uchi Technologies Bhd to “Add” at RM2.38 with a lower target price of RM2.70 (from RM3.10) and said it expects stronger earnings recovery in FY...
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KUALA LUMPUR (Jan 10): CIMB IB Research has maintained its “Reduce” rating on Gamuda Bhd at RM2.75 with a a higher target price of RM2.45 (from RM2.12) and said Gamuda’s stock surged 12% yesterd...