TM re-rating likely


Firm needs to consolidate with mobile and fibre players

PETALING JAYA: A research house has raised the fair value of Telekom Malaysia Bhd (TM) by one ringgit to RM7.10 a share from RM6.10 previously.

It based it on a lower weighted average cost of capital assumption (WACC) of 6.1% and an unchanged terminal growth rate of 2%.

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TM , Telekom , mobile , fibre , AmInvestment Research ,

   

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