Bursa Malaysia Stock Watch

AXIATA - Dividend payout raised

kltrader
Publish date: Fri, 24 Feb 2012, 10:27 PM
kltrader
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Axiata; Hold; RM5.09
Price Target: RM5.15 (Prev: RM4.80); AXIATA MK

FY11 core earnings in line; 15sen DPS proposed, implying 19 sen FY11 DPS (60% payout). Short-term EBITDA margins may see pressure. Maintain Hold, TP revised higher to RM5.15.

Source: HwangDBS Research 24 Feb 2012
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