Its aggressive store openings planned for Family Mart were also highlighted as another earnings growth catalyst. CGS-CIMB has a target price (TP) of RM5.50 for QL, while TA Securities has pegged its TP for QL at RM5.90. HLB settled 20 sen higher at RM18.96 on Jan 4, valuing the bank at RM41.1 billion. TA Securities' TP of RM3.02 is based on sum of parts valuation. TA Securities believes that TM is also poised to benefit from the government's efforts to expand the digital economy.
