TELEKOM MALAYSIA BHD

KLSE (MYR): TM (4863)

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Last Price

6.34

Today's Change

+0.03 (0.48%)

Day's Change

6.30 - 6.41

Trading Volume

2,215,000


13 people like this.

9,933 comment(s). Last comment by N33TCRAZE 1 month ago

azta12

5,594 posts

Posted by azta12 > 2018-08-30 09:54 | Report Abuse

what do you expect, msia economic outlook in next 6 mths. declining of gdp growth.reserves down,cashflow very tight,rising interest rate, forex losses - continued weakening of rggt, since when tm failed to declare div on its 2nd qtr result announcement and current govt plan on tm..sendiri fikir la..midas sudah dpt soalan bocor.

hollandking

3,694 posts

Posted by hollandking > 2018-08-30 10:06 | Report Abuse

so now u know who is right aaah, where is the guy who previously boasted will go all the way up.

Midas57

690 posts

Posted by Midas57 > 2018-08-30 10:08 | Report Abuse

Sold off 3.85-3.95 range, now I wonder why nobody want to listen when I warn them.. Hoi App also help.. instead they accuse us wanna make the price low... haih really cannot help people sometimes

W1S3

106 posts

Posted by W1S3 > 2018-08-30 10:29 | Report Abuse

With the current prospect, competition and government pushing for affordable fixed broadband connection. I would suggest wait and see for now. Personal re-enter price suggestion RM2.50 based on the following points
1) Government policy pushing for price cut
2) Maxis and Axiata has announced heavy investment into fixed broadband lines reducing TM reliance
3) TM internal governance and lack of competitiveness due to being monopoly for a long time
4) Assumption of reduced dividend play
Pandora box has been opened for TM. Invest wisely.
*The above are purely personal opinion. Invest at your own risk.

sjwee3

529 posts

Posted by sjwee3 > 2018-08-30 10:32 | Report Abuse

No but 3.13

goodluck999

1,210 posts

Posted by goodluck999 > 2018-08-30 10:55 | Report Abuse

wil be the time to enter when it comes to 2.80

goodluck999

1,210 posts

Posted by goodluck999 > 2018-08-30 10:56 | Report Abuse

i will be able to make it at 2.80.. now is still not the time

W1S3

106 posts

Posted by W1S3 > 2018-08-30 10:59 | Report Abuse

Yes, it will go up and down in the coming months. For long term holder, better wait. For short term buy and sell. All depends on your luck and timing.

EST85

393 posts

Posted by EST85 > 2018-08-30 11:01 | Report Abuse

Anyone know Why don't have dividend this Qtr?

Midas57

690 posts

Posted by Midas57 > 2018-08-30 11:03 | Report Abuse

EST85: TM no more money lo what else... they never guarantee it anyway... everyone dump already, you want cut loss? LOL

titus

4,159 posts

Posted by titus > 2018-08-30 11:07 | Report Abuse

TM no more div?....hmmm...i thought the ceo commit that at least 700M will be committed as div.....

W1S3

106 posts

Posted by W1S3 > 2018-08-30 11:09 | Report Abuse

@titus, the 700m commitment is based on the company performance. As said before, at the current rate, it is unlikely that TM will continue with the same payout.
I don't think TM will cut off dividend totally. Perhaps at a reduced rate.

SHQuah

5,363 posts

Posted by SHQuah > 2018-08-30 11:09 | Report Abuse

https://www.theedgemarkets.com/article/telekom-malaysia-cut-neutral-credit-suisse

KUALA LUMPUR (Aug 30): Credit Suisse analyst Danny Chan downgraded the recommendation on Telekom Malaysia Bhd to neutral from outperform.

* Price target (PT) lowered to RM3.70 from RM4.50, last close. Telekom Malaysia average PT is RM3.87.

* Telekom Malaysia had 12 buys, 9 holds, 6 sells previously: Bloomberg data

Posted by Ong Wei Lian > 2018-08-30 11:16 | Report Abuse

Drop like a rock

titus

4,159 posts

Posted by titus > 2018-08-30 11:29 | Report Abuse

W1S3....i dun think base on company performance. They have committed 700m or 18c per share is not mistaken

Midas57

690 posts

Posted by Midas57 > 2018-08-30 11:35 | Report Abuse

Titus: when he commit? How he commit? Like PH manifesto la, you assume only got commitment

titus

4,159 posts

Posted by titus > 2018-08-30 11:38 | Report Abuse

Khazanah, EPF and PNB owed about 65% of TM......if it dived down further, it will affect the trio performance and next coming epf div rate will be low. If cont, GE15 can say bye bye to PH.

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2018-08-30 11:39 | Report Abuse

>titus W1S3....i dun think base on company performance. They have committed 700m or 18c per share is not mistaken
But they did not promise will pay this quarter mah...LOL...maybe pay by next quarter...or next year...

rr88

6,532 posts

Posted by rr88 > 2018-08-30 11:40 | Report Abuse

Captain says abandon ship

rr88

6,532 posts

Posted by rr88 > 2018-08-30 11:42 | Report Abuse

Intraday double bottom going to break

stncws

10,709 posts

Posted by stncws > 2018-08-30 11:43 | Report Abuse

maxis 89RM will be defeated by UNIFi RM79..

TM profit will be increased !

titus

4,159 posts

Posted by titus > 2018-08-30 11:44 | Report Abuse

Shinnzaii....u r right that they did not promise to pay this Q. ......:~(
Next round, vote back for BN......lol

hollandking

3,694 posts

Posted by hollandking > 2018-08-30 11:44 | Report Abuse

nope. Maxis One no quota limit, can tipu newbie but don't tipu those who know stuff one

titus

4,159 posts

Posted by titus > 2018-08-30 11:45 | Report Abuse

stncws.....maxis 89 got no quota le......unifi@rm79 have a quota of 60GB. How to defeat oh....

Posted by WarrenBuffalo > 2018-08-30 11:46 | Report Abuse

No, with Unifi RM79 plan introduced to everyone, surely will affect its profit margin very deep. Expect weaker performance after this.

In business, most of the time there is no winner in price competition except consumer.

Midas57

690 posts

Posted by Midas57 > 2018-08-30 11:47 | Report Abuse

titus, they never promise anything.. even as far back as 3 months ago already people suspect they cannot maintain the div..

jibbie

762 posts

Posted by jibbie > 2018-08-30 12:03 | Report Abuse

buy now when everyone selling

titus

4,159 posts

Posted by titus > 2018-08-30 12:07 | Report Abuse

like that ah?....nd to vote for BN a'dy......lol

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2018-08-30 12:08 | Report Abuse

Got turnaround... except TM come out with RM79 and no quota limit...then boost profit in term of quantity rather than higher price...

Posted by Keat Soon Ong > 2018-08-30 12:17 | Report Abuse

Overreacting, this counter only reduce in profit, not making a loss. Further more it is forex loss not from the operation site. Just nice for long term player collecting.

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-08-30 12:19 | Report Abuse

Price will gap up this morning, good luck to all and enjoy the rollercoaster.... hehe

geary

6,379 posts

Posted by geary > 2018-08-30 12:20 | Report Abuse

Hohoho...Forex losses...Overall sales almost the same yoy...CEO must be ZzzZzzZzz...hope for higher sales....from its Unifi...RM79...for all Malaysian. TM more reliable than other Telcos...We shall see...Hold...!!!

qmtronic

108 posts

Posted by qmtronic > 2018-08-30 12:24 | Report Abuse

TM cant compete with the new maxis offerings @lowest rm89 @unlimited 30mbps...TM customers will run away.

EST85

393 posts

Posted by EST85 > 2018-08-30 12:34 | Report Abuse

Midas57 I thought TM got dividend policy. Now look like no hope... Correct back when 3.15.

Buns

165 posts

Posted by Buns > 2018-08-30 13:01 | Report Abuse

qmtronic,

Maxis offering 89. TM offering 79.

Why can't compete? You're not happy saving 120 dollars a year on same connection?

Buns

165 posts

Posted by Buns > 2018-08-30 13:07 | Report Abuse

Geary, exactly. This plan is good for all Malaysians. Everyone here just think about how much stock price.

You all wanted new government, then now got new government and less crony and monopoly, got reforms in place and accessible broadband for all, not happy with stock price. Money isn't everything.

AZnobody

38 posts

Posted by AZnobody > 2018-08-30 13:10 | Report Abuse

No dividend is really killing.

Posted by WarrenBuffalo > 2018-08-30 13:12 | Report Abuse

Very simple. Price competition good for consumers, bad for investors.

Posted by Fortune Bull > 2018-08-30 13:14 | Report Abuse

You know, Astro monthly subcription fee is very high yet it has more subcribers than TM! So lowering the monthly fee for unifi will only grow it's base! Give and take another few quarters and TM will see increase in revenue! It's high time for TM to lower it's fee for sake of doubling it's base! Do it now before competitors make their move!

SHQuah

5,363 posts

Posted by SHQuah > 2018-08-30 13:30 | Report Abuse

Currency for April US$1 vs RM3.86 - June 30 - US$1 vs RM4.02.
Today currently recover to US$1 vs RM 4.13
If July to Sept currency keep on improve, Will there be any saving in Forex ?

qmtronic

108 posts

Posted by qmtronic > 2018-08-30 13:43 | Report Abuse

Buns, from my understanding TM rm79 is for wireless bband, while maxis rm89 is home fiber connectivity.

Compare home fiber unlimited @ 30mbps, you see maxis rm89 vs TM rm139.
The existing home fiber guarantee will run away to maxis especially for people who keep using astro.

If want compare wireless bband, maxis rm78@20gb vs TM rm79@60gb.

TM market could go no where if they stick with same pricing for home fiber subscribers, as investors you decide.

SHQuah

5,363 posts

Posted by SHQuah > 2018-08-30 13:45 | Report Abuse

https://www.thestar.com.my/business/business-news/2018/08/30/publicinvest-cuts-tm-earnings-forecast-on-lower-data-revenue/

It downgraded its rating from trading buy to neutral with a reduced target price of RM3.83 from RM4.65 previously.

Midas57

690 posts

Posted by Midas57 > 2018-08-30 13:48 | Report Abuse

Still got people delusional and defend tm, i am amazed.

Posted by Sashimi TAn > 2018-08-30 13:52 | Report Abuse

I'm still impressed Midas57 and Hoi App keep against TM, we shall see how it perform after 2 years..

Midas57

690 posts

Posted by Midas57 > 2018-08-30 14:10 | Report Abuse

Name yourself sashimi, of course cannot listen to u lo.... sashimi is dead fish for ppl to eat...

titus

4,159 posts

Posted by titus > 2018-08-30 14:11 | Report Abuse

read TM QR and yeap....no div declare as the management amid that the difficult market condition.

Posted by Sashimi TAn > 2018-08-30 14:25 | Report Abuse

By looking into your comment, we all know that your mental is so childish..
Please grow up a bit before enter the stock market

W1S3

106 posts

Posted by W1S3 > 2018-08-30 14:29 | Report Abuse

@titus @Shinnzai
I am not sure to be honest about their dividend policy. But to be realistic, if a company does not have the cash flow to sustain dividend, it's only natural to reduce it. At the end of the day it basically means changing their dividend policy.

AZnobody

38 posts

Posted by AZnobody > 2018-08-30 14:33 | Report Abuse

With diVidend RM 3.5 is ok. Without dividend, should go lower

W1S3

106 posts

Posted by W1S3 > 2018-08-30 14:41 | Report Abuse

Actually we can ask ourselves these few simple questions.
1) Is TM still monopoly? Not anymore
2) Is TM competitive when compared with Maxis, Axiata, TIME and etc? Never was and I doubt it will in near future. These are the companies that is already heavily pushing their own fixed lines to reduce reliance on TM.
3) Is government policies pro TM or telcos currently? Current government policy is not in favor of telcos, margin will be squeezed.
4) Is TM dividend policy better than it's competitors? The latest announcement came with no dividend.
I maintain my personal view that TM medium term target at RM2.50 depending on it's revised dividend play as share prices would normally fluctuates with its dividend policy.

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