Monday, February 27, 2012

TM - Impressive last quarter push

Telekom Malaysia; Buy; RM5.08
Price Target: RM5.30; T MK

FY11 beat expectations; 149% payout at 49.6sen DPS for FY11. Unifi to continue driving growth. Maintain Buy with RM5.30 TP.

Source: HwangDBS Research 27 Feb 2012

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