Oct 5, 2011

Alliance Financial Group Target Price RM4.30

Alliance Financial Group BUY RM3.30
Price Target : 12-Month RM 4.30
Bloomberg: AFG MK  
•  Building up SME franchise while leveraging on deposit strength.
•  Non-interest income traction to drive ROE. •  Attractive valuations coupled with strong earnings visibility.

alliance-financial-group-chart 

alliance-financial-fundamental-data