Bursa Malaysia Stock Watch

Time dotCom set for stronger growth: OSK

kltrader
Publish date: Mon, 21 Feb 2011, 04:03 PM
kltrader
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TdC dotCom Bhd (TdC) is poised for future stronger earnings growth, capitalising on among others, its expansion into new markets, says OSK Research.

TdC dotCom Bhd (TdC) is the country's second largest fixed line telecommunication operator.

Increasing data and leasing needs from enterprises and rising backhaul demand helped by the proliferation of mobile broadband, is also expected to boost growth, which may result in TdC paying a maiden dividend to reward shareholders.

TdC's earnings momentum is to gather pace under the current management as margins are set to improve on the back of a better utilisation of its fibre optic networks, said OSK Research in a research note today. - Bernama
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