Affin Hwang Capital Research Highlights

HwangDBS Research Highlights - 4 Nov 2013

kltrader
Publish date: Mon, 04 Nov 2013, 09:43 AM
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This blog publishes research highlights from Affin Hwang Capital Research.

Malaysia Telecoms
Improving outlook

Aggressive iPhone offerings from DiGi to grab more data market share; may see near-term margin pressure but revenue gains in medium term. Prepaid segment also continues to be competitive. Expensive valuations; Top pick: DiGi.Com.

Asean strategy
Stay on course

November’s result season, China People’s congress meeting, US Fed will set tone for markets in early 2014. Equity risk premium should continue to expand as risk diminishes in ASEAN.

Source: HwangDBS Research - 4 Nov 2013

 

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