Bursa Malaysia Stock Watch
AXIATA - Axiata earnings forecast raised 20pc
kltrader
Publish date: Mon, 23 Aug 2010, 09:51 AM
kltrader
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Stock Name: AXIATA
Company Name: AXIATA GROUP BERHAD
Research House: NOMURA
Axiata Group Bhd's earnings forecasts for 2010-2012 were raised by between 13 per cent and 20 per cent at Nomura Holdings Inc to reflect higher contributions from its overseas units.
Axiata, a Malaysian mobile phone operator, may report a "solid" second-quarter earnings this week, Nomura said in a report.
The share price estimate was increased to RM5.60 from RM4.50, Nomura said. -- Bloomberg
Company Name: AXIATA GROUP BERHAD
Research House: NOMURA
Axiata Group Bhd's earnings forecasts for 2010-2012 were raised by between 13 per cent and 20 per cent at Nomura Holdings Inc to reflect higher contributions from its overseas units.
Axiata, a Malaysian mobile phone operator, may report a "solid" second-quarter earnings this week, Nomura said in a report.
The share price estimate was increased to RM5.60 from RM4.50, Nomura said. -- Bloomberg
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