MNRB and Lonbisc delivered flat but still consistent result

MNRB as our top bet among our top picks delivered flat but still consistent profit at 13.40 cents. It is still to us a strong buy call with a min target price of RM 8.00 if base on15 times PE for its peers.

On the other hand, Lonbisc 2.91 cents EPS is consistent. We maintain also our buy call to Lonbisc as it can be a second Kawan on its way. We also having a buy call with a target at RM 1.00 above.

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