The "sensitive " dealing-boy called up earlier on, and took great exception to some cheeky remarks (something about "Q at 0.435,hehehe"),that he deems "un- bersyukur" "kurang ajar" (look like he and his boss read our forum,and react like Utusan and some UMNO cronies) and threatened to make the price torturous and treacherous.... so folks, forget about the CNY little angpow.... u r on your own....sori..
Thanks bro mike. Tomorrow sure up. Today is profit taking for those bought below 40 and slightly above 40. Managed to make a few times swing profit. Waiting for long white candle before moving to other counter. Gua always visit choklat ship for info.
Brian. Just based on past experience. Down today because of profit taking. For those bought at 41 sen today. Easily can get 1 sen profit tomorrow. To get below 40 sen tomorrow i think not easy. Just watch tomorrow show.
Monetising data crucial for telcos’ growth Posted on 6 February 2014 - 05:38am Rupinder Singh sunbiz@thesundaily.com Print PETALING JAYA (Feb 6, 2014): The growing popularity of video consumption in mobile data usage is seen as a long-term opportunity for telecommunication companies (telcos) to increase the monetisation of data as voice revenue growth stagnates.
"Hence, monetising data is crucial and the likelihood of success should be high with the local market already relatively comfortable with tiered data pricing. This implies less risk of network congestion in the longer term while capex will likely be kept in check," RHB Research Institute Sdn Bhd analyst Lim Tee Yang said.
He noted that among the telcos, DiGi.com Bhd has been doing a better job in monetising data on the back of strong revenue growth and resilient margins.
Lim said that while Celcom Axiata Bhd has also done fairly well in growing data revenue, it is not a direct pure local play via its parent Axiata Group Bhd. He pointed out that Celcom contributes 44% of Axiata's revenue.
"We believe DiGi's continued emphasis on growing mobile internet revenue on the prepaid segment is the right strategy. DiGi has sufficient capacity and better service quality now that its network has been fully modernised, and is working to progressively expand its LTE population coverage," Lim said.
He said Maxis Bhd's strategy of seeding the postpaid market with smartphones via handset subsidies, coupled with a less than efficient organisational structure prior to a major revamp last year, has not really generated the desired results as revenue growth in recent years have been lacklustre.
"Although Maxis now has a leaner organisational structure and new chief executive officer Morten Lundal in place, we expect 2014 to be a year of transition for Maxis, which implies revenue growth to remain at low single digit," he said.
Lim maintained his "underweight" recommendation on the telco sector, as he believed the telcos are still facing headwinds in monetising data effectively alongside the cannibalisation of short message service (SMS) revenue.
"We expect industry revenue growth to moderate slightly to 4.6% in 2014 from 5.6% in 2013. With no further expectations of tax incentives after they expired in third quarter of 2013, we believe the prospect of positive earnings surprises in 2014 will be minimal," he said.
Nonetheless, he said, the telcos will be mindful of operational challenges and are expected to resume their cost management initiatives to keep their margins stable.
Lim kept "sell" calls on DiGi with a fair value of RM4.10 and Maxis (RM5.90), while was "neutral" on Telekom Malaysia Bhd (RM5.50), TIME dotCom Bhd (RM3.95) and Axiata (RM6.55).
He said he still liked Axiata for a potential turnaround in XL Axiata, the second-largest telecommunication provider in Indonesia, which should lead to a rebound in its FY14 earnings growth.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
mrlim
280 posts
Posted by mrlim > 2014-02-05 15:23 | Report Abuse
cut loss