KUALA LUMPUR: CIMB Equities Research is keeping glove maker Supermax as an Outperform and raised the target price from RM2.13 to RM2.64.
It said on Wednesday that the first half (H1, 2012) ended June 30 earnings were broadly in line at 46% of its and consensus full-year estimates, as lower raw material costs should lead to a better H2.
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