Stock Name: AXIATA
Company Name: AXIATA GROUP BERHAD
Research House: OSK
KUALA LUMPUR: OSK Research has maintained its buy call on Axiata Group Bhd at RM3.77 with target price RM4.80 and said the company remains its top Malaysian and regional telecoms exposure on account of its positive longer-term prospects and strong operational execution.
"Axiata is currently on its Phase 2 transformation programme to become a regional champion by 2015.
"Its key earnings catalysts are: (i) the continuing strong growth at XL; and (ii) sustained performance of Celcom; and (iii) good group-wide cost management initiatives," it said in a note Friday, June 4.
Company Name: AXIATA GROUP BERHAD
Research House: OSK
KUALA LUMPUR: OSK Research has maintained its buy call on Axiata Group Bhd at RM3.77 with target price RM4.80 and said the company remains its top Malaysian and regional telecoms exposure on account of its positive longer-term prospects and strong operational execution.
"Axiata is currently on its Phase 2 transformation programme to become a regional champion by 2015.
"Its key earnings catalysts are: (i) the continuing strong growth at XL; and (ii) sustained performance of Celcom; and (iii) good group-wide cost management initiatives," it said in a note Friday, June 4.
No comments:
Post a Comment