Affin Hwang Capital Daily Insight (LV) - 29 May 2015 - IHH / AIRASIA / MBB / GENT / GENM / KPJ / MCIL / MMC / SENDAI / MN

Top Calls

IHH Healthcare - (BUY, Maintain) Healthy 1Q15 IHH Healthcare (IHH)'s 1Q15 earnings was within expectations. 1Q15 core earnings grew 46.8% qoq to RM228m, mainly attributed to overall stronger revenue from its home market. Moving forward, earnings momentum should remain positive and strong as IHH pursues its strategy of expanding its network of hospitals (8 new hospitals this year). Maintain BUY for target price of RM 6.07.

Other Calls

AirAsia - (BUY, maintain) Clearer skies ahead

Maybank - (HOLD, maintain) Going steady amidst industry challenges

Genting Berhad - (HOLD, maintain) Affin Hwang Investment Bank Bhd (14389-U)

Genting Malaysia - (HOLD, maintain) Domestic business still resilient so far

KPJ - (HOLD, maintain) Resilient demand in 1Q15

MCIL - (SELL, maintain) Print continues to deteriorate

MMC - (BUY, maintain) A decent start

Eversendai - (BUY, Maintain) Three-fold rebound

Morning News & Market Summary

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