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[MY] 7 Interesting Stock Ideas [May 2021]
By SmallCapAsia  •  May 7, 2021
#3 CIMB Bank AM Investment bank has maintained its BUY rating on the company with a target price of RM 5.59. The continued positive sentiments are a result of “Niaga reporting a stronger net profit of Rp996bil (+573.0%
QoQ) in 1Q21 attributed to higher operating income from stronger net interest income (NII) and non-interest
income (NOII). Also, provisions were lower QoQ.” Moreover, another strong growth potential could be driven by new plans. “Niaga plans to transform its OCTO Mobile into a super app. The app now features insurance and travel concierge services to increase stickiness of customers. A higher percentage of transactions has been carried out through OCTO Mobile. These included time deposit opening, FX transactions, trading in bonds and instalment payments.” >> Read more about the company here. #4 Pavilion REIT AmInvestment Bank has maintained with a BUY rating on the stock with a target price of RM 1.75. The...
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By SmallCapAsia
Our slogan is simple: Start Small, Win Big! What does it mean? Simply put, we want you to invest your small pockets of money and eventually have them balloon into hoards of cash in the long run – so that you can live your dream lifestyle and most importantly, retire comfortably without having to worry for another day.
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