September 1, 2010

MAXIS - Maxis cut to 'underperform' at CIMB Invt

Stock Name: MAXIS
Company Name: MAXIS BERHAD
Research House: CIMB



Maxis Bhd, Malaysia's biggest mobile-phone operator, was cut to "underperform" from "neutral" at CIMB Investment Bank Bhd after first-half earnings came in below the brokerage's estimates.

The share price estimate was reduced to RM4.80 from RM5.50, CIMB said in a report today. -- Bloomberg






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