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Target price on Maxis stock raised (6012)

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Target price on Maxis stock raised (6012) Empty Target price on Maxis stock raised (6012)

Post by hlk Mon 03 Sep 2012, 11:38

Shares in Malaysia's largest mobile phone operator Maxis Bhd dropped
0.7 percent on Monday after it reported a drop in second-quarter profit
last week.

Maxis net profit in the quarter ended June 30 fell
almost 16 percent to RM464 million (US$148.50 million) from RM551
million a year ago mainly on higher network operation costs.

However, Kenanga Investment Bank raised its target price on the stock
to RM7.35 per share from RM6.76 on expectations of stronger profits and
better dividend yields in financial year 2013. It kept a 'market
perform' call on the stock. -- Reuters
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Target price on Maxis stock raised (6012) Empty Re: Target price on Maxis stock raised (6012)

Post by Cals Mon 03 Sep 2012, 11:43

huh terbalek ?
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