We added UMW with a intuitive target value of RM 8.00. We like UMW always except they have entered into a non experienced industry. We continue to issue a buy call as long as below RM 6.00 seems a good growth prospect.
Our top picks:
1.MBSB – target RM 1.60
2.CIMB – target RM 8.00
3. EIG – target RM 1.60
4.UMW – target RM 8.00
J&J Investment Co. 
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