[New post] CIMB: Affin Bank Berhad – HOLD TP RM2.19

alanyeo posted: " Net write-back in 1Q22 LLP not sustainable ■ Although Affin Bank's 1Q22 net profit accounted for 29.5% of our full-yearforecast, we regard the results as in line in anticipation of weaker 2Q-4Q22.■ We envisage a 15-30% qoq drop in 2Q22F net profit as " Alpha Edge Investing CIMB: Affin Bank Berhad – HOLD TP RM2.19 alanyeo May 31 Net write-back in 1Q22 LLP not sustainable ■ Although Affin Bank's 1Q22 net profit accounted for 29.5% of our full-yearforecast, we regard the results as in line in anticipation of weaker 2Q-4Q22.■ We envisage a 15-30% qoq drop in 2Q22F net profit as we project an upturnin its LLP in 2Q22F (vs. a net write-back […] Read more of this post Comment 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: https://alphaedgeinvesting.com/2022/05/31/cimb-affin-bank-berhad-hold-tp-rm2-19/ Powered by WordPress.com