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Earlier proposed that Mtag sales gone up due to rush in many orders, and projected the price to go to RM 1.04; really lousy projection of baseless ! Simply said; please sell all better as Mtag’s customers inflicted with Covid-19 diseases!
CGS CIMB Research, in a note on Wednesday, raised its target price for the bank from RM20.50 to RM25 a share, citing the bank’s defensive qualities amid the pandemic and improved trading liquidity as key drivers for the upgrade.