Price Target (MAYBANK, RHBBANK, ABMB, BIMB): Banking - Patience Is a Virtue

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1 comment(s). Last comment by GLNT 2019-07-26 00:15

GLNT

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Posted by GLNT > 2019-07-26 00:15 | Report Abuse

This report has some real problematic assumption that OPR rate might be cut. With the recent inflation numbers coming in, we might expect some 2% inflation in the second half as the base effect is low after June 2018. Thus, the pressure on OPR rates is upwards or at least stable, not downwards.

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