MAXIS (TP RM5.30-5.80– SUBSCRIBE) Initial Public Offering: The Return of the Jedi
We value Maxis, Malaysia’s largest mobile operator, at an equity value of RM39.8bn-RM43.5bn, implying a fair value of RM5.30-RM5.80/share. The valuation translates into 14.8x-16.2x CY10 EPS, and is supported by our DCF valuation of RM5.80 (WACC: 9%,TG: 1.5%). Investors are advised to subscribe to the offer in view of Maxis’ strong fundamental execution, superior EBITDA margin and robust prospective dividends going forward. Institutional investors would have strategic exposure to an index-linked heavyweight with a sound liquidity profile. While deprived of the longer term growth story with the overseas assets hived off, Maxis is a core holding for exposure to Malaysia’s mobile telecoms.
(Source: OSK)
Catching the next Korean wave
1 week ago
I Receive $35000 for my only deposit $500 FROM Redtieforex.com
ReplyDeleteStart earning now !
RedTie-Forex was established by a group of financial advisers and traders in the end of 2008 with the aim of running a successful and independent investment business. The emphasis of RedTie-Forex' staff is to lead all money makers to a real investment business, no matter are newbie or professional.
We aim to protect your fund in market, however large, however small, by offering you a safe and personal investment service. RedTie-Forex's investment strategy is a robust and simple to follow way to lower your investment risk and significantly increase your returns. Success in trading is to have the knowledge and understanding of available resources and instruments, as well as proper risk management.
We mobilize our senior traders and analysts with decades of experience to provide you with superb investment service. Unlike most of online investment programs you can find on the net, we do real day-trading based on the Forex market and there is strictly no ponzy scheme.
Investments Plan
Payments are made for your comfort directly to your LibertyReserve , 100% Secure of your Deposit(s).
Plan Total Return Minimal Invest Status
7000% after 3 days 7000% of your deposit 500 USD Now Open
7000% after 2 days 7000% of your deposit 5,000 USD Now Open
7000% after 1 day 7000% of your deposit 25,000 USD Now Open
7000% after 12 hours 7000% of your deposit 100,000 USD Now Open
My liberty reserve payment proof
Date : 2009-11-11 13:15:02
From/To Account : U2213151 (RedTie-Forex)
Amount : 350000.00
Currency : LRUSD
Batch : 225127XX
Memo : Redtieforex.com
More Information
http://www.redtieforex.com/?U2296155
http://www.redtieforex.com/?U2296155
Just deposited $500 and Received $35,000 in 3 days Now. Make your deposit ASAP
You have no risk and never lost.Conatct: fastmoney07@hotmail.com .we can talk on MSN.
My Favorite HYIP BLOG
http://makemillionsmoneyonline.blogspot.com
http://libertyreserve-investment-hyip.blogspot.com
Make millions liberty reserve and perfectmoney in paying hyips fastest Real Investment
http://www.payinghyiponline.com
Make $50k libertyreserve money daily on forex trading
http://www.libertyreserveforex.net
Our HYIP rating list has the most reliable and trusted HYIPs.
http://www.makecurrencyonline.com
HYIP Monitoring & HYIP Rating. Best HYIP Monitor Help your Investment Grow!
http://www.hyipfunding.com
Post Your AD on 1000+ Forums
The Best HYIP Rating. The Fairest High Yield Investment Programs Monitoring Service
http://www.yahoomsngroup.com