Monday, February 27, 2017

► Results Note – RHB Bank (SELL, downgrade) - More pre-emptive provisions in the pipeline?


Today’s Highlights
►    Results Note – RHB Bank (SELL, downgrade) - More pre-emptive provisions in the pipeline?
►    Results Note – AMMB Holdings (HOLD, maintain) - Underpinned by writebacks and recoveries
►    Results Note – Karex (HOLD, maintain) - OBM pain
►    Results Note – Supermax (HOLD, maintain) - Production outtage
►    Results Note – Uchi Tech (HOLD, maintain) - Still a yield play

Outside Malaysia            
►    US stocks gain as Dow caps historic 11-day streak at close
►    Sales of new US homes in January were slower than forecast
►    Michigan consumer sentiment shows first post-election drop
►    UK to unveil Brexit migrant plans within months, Rudd says
►    South Koreans cut spending as household income growth slows
►    Hong Kong existing home prices rise to record, defying curbs
►    WTI slips from 19-month high as ample supply offsets OPEC cuts

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