Bursa Malaysia Stock Watch

Maxis: Maintain Hold - Eventful year ahead amid slowing market

kltrader
Publish date: Mon, 27 Feb 2012, 09:58 AM
kltrader
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Girding to do battle. 2012 is shaping up to be an eventful year for Maxis, but it is not a clear story yet. It intends to step up aggression in defending its turf at the same time that it rolls out new consumer services by mid-2012. Still, one thing is clear - it is committed and has the cashflow capability to pay an attractive dividend. Maintain HOLD with a raised EV-based TP of RM5.70.

Maybank Research 27 Feb 2012

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