KLSE (MYR): BINACOM (0195)
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Last Price
0.205
Today's Change
-0.005 (2.38%)
Day's Change
0.20 - 0.21
Trading Volume
251,600
2024-11-07
2024-11-07
2024-11-06
2024-10-30
2024-10-30
2024-10-30
M55555
1,080 posts
Posted by M55555 > 2023-01-18 12:13 | Report Abuse
Did not cover this counter .. but we all know , every promotion have some self interest.. that truth is Telecommunications - Backbone of Digitalisation
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Kenanga Research & Investment
Telecommunications - Backbone of Digitalisation
We reiterate our OVERWEIGHT call on the sector. The expanded coverage of 4G and the crystallisation of the 5G rollout will expedite the demand for telco services. Telcos’ earnings are resilient with telecommunications having evolved into a necessity of modern life. The telco sector could also be poised for a re-rating if the new government is to abandon the current single wholesale network (SWN) model for the 5G rollout or revise the existing terms to the advantage of the mobile network operators (MNOs). Our sector top picks are DIGI (OP; TP: RM4.69), MAXIS (OP; TP: RM4.59), TM (OP; TP: RM8.30) and OCK (OP; TP: RM0.95).