[New post] KE: Maxis Bhd – HOLD TP RM4.50 (Previous RM4.40)

alanyeo posted: " Slight shortfall D&A surprise 9M21 results were slightly below our/consensus forecasts, with the shortfall owing to higher depreciation/amortisation (D&A) from a revision of spectrum useful life in 3Q21. While management again refrained fro" New post on Alpha Edge Investing KE: Maxis Bhd – HOLD TP RM4.50 (Previous RM4.40) by alanyeo Slight shortfall D&A surprise 9M21 results were slightly below our/consensus forecasts, with the shortfall owing to higher depreciation/amortisation (D&A) from a revision of spectrum useful life in 3Q21. While management again refrained from guiding, revenue delivery has thus far been relatively resilient. Maintain HOLD with a higher DCF-based TP of MYR4.50 (+2%) as we incorporate […] Read more of this post alanyeo | October 31, 2021 at 1:44 pm | Tags: Maxis | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-5GI Comment    See all comments Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://alphaedgeinvesting.com/2021/10/31/ke-maxis-bhd-hold-tp-rm4-50-previous-rm4-40/