[New post] CIMB: AMMB Holdings

alanyeo posted: " On the path to earnings recovery■ AMMB's 1QFY3/22 net profit was within our expectations, at 25% of our full year forecast.■ We expect 2QFY22F net profit to be close to 1QFY22's level, translating intoaround 60% yoy growth.■ Upgrade AMMB to Add from Redu" Respond to this post by replying above this line New post on Alpha Edge Investing CIMB: AMMB Holdings by alanyeo On the path to earnings recovery■ AMMB's 1QFY3/22 net profit was within our expectations, at 25% of our full year forecast.■ We expect 2QFY22F net profit to be close to 1QFY22's level, translating intoaround 60% yoy growth.■ Upgrade AMMB to Add from Reduce given the positive earnings trends inFY22F with above-industry loan growth, margin expansion […] Read more of this post This post is ad-supported ​ alanyeo | September 2, 2021 at 3:30 pm | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-3x5 Comment    See all comments    Like Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://alphaedgeinvesting.com/2021/09/02/cimb-ammb-holdings-2/ Thanks for flying with WordPress.com