Friday, October 1, 2010

Maybank -good stock to invest now

Maybank share price has been gaining 40% from as low as $6 since June 2010.

It has been reported with increasing profit contribution from Indonesia and Pakistan operations.

I do believe it share will hit $10 by end of this year 2010 as Indonesia economy is growing steadily and Pakistan also in the growing trend.

With the bank OPR interest rate that is going to increase in the next 2 to 4 quarter for country such as Malaysia, Indonesia and Asean regions. It's will surely contribute more revenue and profit for the company.

It is a good time to buy this stock.

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