KL Trader Investment Research Articles
Astro - Sit back and enjoy the show
Astro Malaysia Holdings; Buy (Initiating Coverage);
Price Target: RM3.35; ASTRO MK
Will continue to dominate Malaysia’s Pay TV market. Full migration to B.yond platform will anchor ARPU growth. Initiate coverage with BUY rating and DCF-based TP of RM3.35; valuation gap with MNC will narrow.
Source: HwangDBS Research - 20 Dec 2012
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2012-12-20 09:48