Bursa Malaysia Stock Watch
CIMB Research maintains Outperform on Axiata
kltrader
Publish date: Mon, 19 Jul 2010, 01:22 PM
kltrader
0 20,414
This blog provides consolidated Bursa Malaysia stock market research, analysis, news and blogs from various sources. You can search and find all the past analysis and coverage on stocks and news by searching within this site. While this blog re-publishes contents from other sites, it does not own the rights nor responsible for the accuracy of the contents. If you disagree to your content from being published here, please add a comment, and your article will be removed from this site.
KUALA LUMPUR: CIMB Equities Research is maintaining its Outperform call and sum-of-parts based target price of RM4.95 for Axiata Group Bhd.
It said on Monday, July 19 that likely catalysts are further earnings surprises. While consensus estimates are rising, it still thinks that the market is behind the curve, it added.
?Our forecasts are 21%-23% above consensus although the gap is down from 30%-34% two months ago. Axiata remains our top Malaysian telco pick but XL Axiata is our favourite regional telco play,? it said.
It said on Monday, July 19 that likely catalysts are further earnings surprises. While consensus estimates are rising, it still thinks that the market is behind the curve, it added.
?Our forecasts are 21%-23% above consensus although the gap is down from 30%-34% two months ago. Axiata remains our top Malaysian telco pick but XL Axiata is our favourite regional telco play,? it said.
More articles on Bursa Malaysia Stock Watch
Tambun Indah - The 2nd Penang Bridge To Narrow Property Price Gap
Created by kltrader | Oct 11, 2012
Plantation ' Share Prices Not Reflecting CPO Price Movement ' Is A Correction Coming? (Neutral)
Created by kltrader | Oct 11, 2012
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
1
2
Good Articles to Share
3
4
THE INVESTMENT APPROACH OF CALVIN TAN
5
BFM Podcast
7
TA Sector Research
8
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
