MAYBANK below $8.00 by 30-Jun-2012

  • target price: $8.00 ( -8.88 % in 101 days)
  • price when predicted: $8.78
  • current price: $9.20
  • 2181 days pass target date.
Due to new rules applied by Bank Negara on car and house loan and result show all loan approval fall 20% if compare with last year, so mean that the room to growth in near future will not happen. The new rules is good for future growing but in the short term it will direct impact to internal loan growing thus will impact the earning. Election will fall on this year and composite higher chance to fall down 10-15%, Maybank, TNB,CIMB will be impacted...
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