Slight improvement for Allianze and Kawan but opposite for Affin

Allianze and Kawan have both increased revenue and profit consistently again. We suggest a long term hold for both stocks with target a min. RM 15.00 and RM 3.00.

Affin however registered revenue gain but lowered profit. We suggest a hold with a merging play. As after CIMB, RHB and MBSB merger, the left entity will be Affin as clear target.

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