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KLSE: TM       TELEKOM MALAYSIA BHD
Last Price Avg Target Price   Upside/Downside Price Call
6.13 6.60     +0.47 (7.67%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
15/03/2024 6.00 7.02 +1.02 (17.00%) BUY AmInvest Price Target News
26/02/2024 5.95 6.65 +0.70 (11.76%) BUY TA Price Target News
26/02/2024 5.95 6.20 +0.25 (4.20%) HOLD PUBLIC BANK Price Target News
26/02/2024 5.95 7.22 +1.27 (21.34%) BUY KENANGA Price Target News
26/02/2024 5.95 7.06 +1.11 (18.66%) BUY BIMB Price Target News
26/02/2024 5.95 7.02 +1.07 (17.98%) BUY AmInvest Price Target News
22/01/2024 5.82 5.29 -0.53 (9.11%) BUY BIMB Price Target News
12/01/2024 5.75 7.00 +1.25 (21.74%) BUY BIMB Price Target News
11/01/2024 5.70 6.70 +1.00 (17.54%) BUY AmInvest Price Target News
10/01/2024 5.70 6.76 +1.06 (18.60%) BUY KENANGA Price Target News
03/01/2024 5.56 6.76 +1.20 (21.58%) BUY KENANGA Price Target News
26/12/2023 5.56 6.65 +1.09 (19.60%) BUY TA Price Target News
04/12/2023 5.27 7.00 +1.73 (32.83%) BUY BIMB Price Target News
28/11/2023 5.29 6.80 +1.51 (28.54%) BUY CIMB Price Target News
24/11/2023 5.25 6.65 +1.40 (26.67%) BUY TA Price Target News
24/11/2023 5.25 6.20 +0.95 (18.10%) BUY PUBLIC BANK Price Target News
24/11/2023 5.25 6.76 +1.51 (28.76%) BUY KENANGA Price Target News
24/11/2023 5.25 7.00 +1.75 (33.33%) BUY BIMB Price Target News
24/11/2023 5.25 6.70 +1.45 (27.62%) BUY AmInvest Price Target News
24/10/2023 5.04 6.70 +1.66 (32.94%) BUY AmInvest Price Target News
09/10/2023 4.90 6.57 +1.67 (34.08%) BUY KENANGA Price Target News
05/10/2023 4.90 6.80 +1.90 (38.78%) BUY CIMB Price Target News
27/09/2023 4.90 6.57 +1.67 (34.08%) BUY KENANGA Price Target News
25/09/2023 4.95 6.20 +1.25 (25.25%) BUY PUBLIC BANK Price Target News
12/09/2023 5.05 6.23 +1.18 (23.37%) BUY KENANGA Price Target News
06/09/2023 5.12 6.97 +1.85 (36.13%) BUY BIMB Price Target News
28/08/2023 5.10 6.65 +1.55 (30.39%) BUY TA Price Target News
28/08/2023 5.10 6.00 +0.90 (17.65%) BUY RHB-OSK Price Target News
28/08/2023 5.10 6.20 +1.10 (21.57%) BUY PUBLIC BANK Price Target News
28/08/2023 5.10 6.23 +1.13 (22.16%) BUY KENANGA Price Target News
28/08/2023 5.10 6.31 +1.21 (23.73%) BUY JF APEX Price Target News
28/08/2023 5.10 6.97 +1.87 (36.67%) BUY BIMB Price Target News
28/08/2023 5.10 6.70 +1.60 (31.37%) BUY AmInvest Price Target News
19/07/2023 4.89 7.58 +2.69 (55.01%) BUY BIMB Price Target News
13/07/2023 4.90 6.23 +1.33 (27.14%) BUY KENANGA Price Target News
26/06/2023 4.99 6.20 +1.21 (24.25%) BUY RHB-OSK Price Target News
26/06/2023 4.99 6.20 +1.21 (24.25%) BUY PUBLIC BANK Price Target News
14/06/2023 5.05 6.20 +1.15 (22.77%) BUY RHB-OSK Price Target News
13/06/2023 5.04 6.23 +1.19 (23.61%) BUY KENANGA Price Target News
26/05/2023 5.00 6.20 +1.20 (24.00%) BUY RHB-OSK Price Target News
26/05/2023 5.00 6.20 +1.20 (24.00%) BUY PUBLIC BANK Price Target News
26/05/2023 5.00 6.31 +1.31 (26.20%) BUY JF APEX Price Target News
26/05/2023 5.00 7.58 +2.58 (51.60%) BUY BIMB Price Target News
26/05/2023 5.00 6.70 +1.70 (34.00%) BUY AmInvest Price Target News
19/05/2023 5.05 6.80 +1.75 (34.65%) BUY CIMB Price Target News
11/05/2023 5.08 6.20 +1.12 (22.05%) BUY PUBLIC BANK Price Target News
05/05/2023 4.94 7.58 +2.64 (53.44%) BUY BIMB Price Target News


Price Target Research Article/News (past 6 months)
15/03/2024  AmInvest TELECOMMUNICATION - 4QFY23 Earnings Recap: Within Expectations
26/02/2024  TA Telekom Malaysia Berhad - Bottom Line Boosted by Tax Credits
26/02/2024  PUBLIC BANK Telekom Malaysia - FY23 Supported By Tax Credit
26/02/2024  KENANGA Telekom Malaysia - Buoyed by Tax Credits
26/02/2024  BIMB Telekom Malaysia Berhad - Bottom-line surges
26/02/2024  AmInvest Telekom Malaysia - Record-breaking dividend
22/01/2024  BIMB Telekom Malaysia (T MK) - Resilient Earnings Contribution From Unifi
12/01/2024  BIMB Telco: “Wider 5G Footprint in 2024”
11/01/2024  AmInvest Telecommunication - Ambiguity surrounding the second 5G rollout
10/01/2024  KENANGA Telekom Malaysia - Promising Thrust into 5G
03/01/2024  KENANGA Telecommunication - New DN Model Heralds a New Era and Landscape
26/12/2023  TA Weekly Strategy - Hopes Alive for a Final Push Before the Year Ends
04/12/2023  BIMB 5G Development Update - Another Milestone: MNOs to Take 70% Stake in DNB
28/11/2023  CIMB Telekom Malaysia - 3Q23 Results Continue the March
24/11/2023  TA Telekom Malaysia Berhad - Resilient Revenue, Bottom Line Lifted by Tax Credits
24/11/2023  PUBLIC BANK Telekom Malaysia - Supported by Tax Credit
24/11/2023  KENANGA Telekom Malaysia - Harvesting Cost Optimisation Fruits
24/11/2023  BIMB Telekom Malaysia - Positive Earnings Momentum
24/11/2023  AmInvest Telekom Malaysia - Boost From Tax Credits and Lower Net Interest Expenses
24/10/2023  AmInvest Rep20231024_Telco-Thematic-231024.pdf
09/10/2023  KENANGA Telekom Malaysia - Pricing Clouds Finally Clear
05/10/2023  CIMB Telekom Malaysia - New Retail Broadband Prices Announced
27/09/2023  KENANGA Telecommunications - Awaiting the Outcome of the DWN Model
25/09/2023  PUBLIC BANK Telekom Malaysia - Navigating Through MSAP Review
12/09/2023  KENANGA Telecommunications - 2QCY23 Report Card: Positive Earnings Signals
06/09/2023  BIMB Telecommunication Sector - 2QFY23 Earnings Review: Positive Top-line Growth Continues
28/08/2023  TA Telekom Malaysia Berhad - Boosted by Recognition of Tax Credits
28/08/2023  RHB-OSK Telekom Malaysia - Tax Credits And Higher Dividends; Keep BUY
28/08/2023  PUBLIC BANK Telekom Malaysia - Lifted By The Recognition Of Tax Credit
28/08/2023  KENANGA Telekom Malaysia - Bumped Up by Tax Credit
28/08/2023  JF APEX Telekom Malaysia Berhad - Slower 2H23 Earnings Expected
28/08/2023  BIMB Telekom Malaysia - Enjoying the tax break
28/08/2023  AmInvest Telekom Malaysia - Boost from one-off positive tax charge
19/07/2023  BIMB Telco - Second Network to Foster Healthy Competition
13/07/2023  KENANGA Telecommunications - So Far So Good and Can Only Get Better
26/06/2023  RHB-OSK Telekom Malaysia - Inks 4G MOCN Deal With Maxis; Keep BUY
26/06/2023  PUBLIC BANK PublicInvest Research Headlines - 26 Jun 2023
14/06/2023  RHB-OSK Telecommunications - Seasonal Quarter With Some Lapses
13/06/2023  KENANGA Telecommunications - 1QCY23 Results Review: Technical Issue
26/05/2023  RHB-OSK Telekom Malaysia - a Positive Start; Keep BUY
26/05/2023  PUBLIC BANK Telekom Malaysia - Higher Depreciation Cost
26/05/2023  JF APEX Telekom Malaysia Berhad - Unifi Achieved 3 Million Subscribers
26/05/2023  BIMB Telekom Malaysia - Earnings Within expectations
26/05/2023  AmInvest Telekom Malaysia - Earnings delivered, dismissing doubters
19/05/2023  CIMB CGS-CIMB Says More Clarity on 5G Ownership and Cost Structure required for Telecom Sector’s Re-rating
11/05/2023  PUBLIC BANK Public Invest Research Headlines - 11 May 2023
05/05/2023  BIMB Telekom Malaysia - Moving Towards a Sustainable Digital Future



  13 people like this.
 
willc48 ada scandal? MACC coming in? all these GLCs under UMNO now are being investigated?
20/02/2023 10:05 AM
albertyek habislah TM kantoi bikin hanky panky things during zaman Abah
20/02/2023 10:47 AM
Needluck look at the other 3 telcos share price performance currently. can say is TM itself got problems. highly chance upcoming report not good and recent announcement court case "MATERIAL LITIGATIONARBITRATION BETWEEN MYTV BROADCASTING SDN BHD AND TELEKOM MALAYSIA BERHAD".
20/02/2023 11:01 AM
eklim65 From ChatGPT: The material litigation arbitration between MYTV Broadcasting Sdn Bhd and Telekom Malaysia Berhad (TM) relates to a dispute over a digital terrestrial television (DTT) infrastructure project in Malaysia.

In 2014, the Malaysian government awarded a contract to MYTV to build and operate a nationwide DTT infrastructure, with TM as the key network service provider. Under the contract, MYTV and TM were to work together to build and maintain the DTT network, with MYTV responsible for providing the content and services.

However, in 2017, MYTV initiated arbitration proceedings against TM, alleging that TM had breached the agreement by failing to provide the required network services, resulting in delays and cost overruns for MYTV. MYTV sought compensation and termination of the agreement.

TM denied the allegations and counterclaimed for breach of contract by MYTV, claiming that MYTV had failed to meet its contractual obligations, including timely delivery of content and services.

The arbitration proceedings have been ongoing, and as of TM's latest annual report in 2021, the company has stated that the outcome of the arbitration cannot be ascertained at this time, and it is not possible to estimate the potential financial impact of the outcome on TM's financial position and performance.

The outcome of the arbitration could have a material impact on TM's financial performance and reputation, as well as on the broader DTT industry in Malaysia. However, until the arbitration is resolved, the exact impact cannot be determined.
20/02/2023 11:08 AM
Fklim888 TM dump so serious ka...lol
20/02/2023 12:04 PM
Henryjohny MASAP lowered ..cheaper broadband price ... will impact TM earning ....
20/02/2023 1:09 PM
Needluck https://www.klsescreener.com/v2/news/view/1113041
20/02/2023 2:43 PM
Needluck "MASAP lowered ..cheaper broadband price", this one issued on 16/2, why 17/2 friday TM didn't down so much? covered up the news over the weekend?
20/02/2023 2:45 PM
Fklim888 Digi kena attack...silap attack TM lol
21/02/2023 9:21 AM
Fklim888 Tomorrow fly back ya....lol
21/02/2023 7:30 PM
Needluck up 10 sen, used 2 days then only used 1 day drop back. when epf can sell those over RM5 tickets???
23/02/2023 4:21 PM
success2628 Axiata posts net profit of RM9.77bil in FY22, declares div of five sen/share
Thursday, 23 Feb 2023 1:29 PM MYT

https://www.thestar.com.my/business/business-news/2023/02/23/axiata-posts-net-profit-of-rm977bil-in-fy22-declares-div-of-five-senshare

KUALA LUMPUR: Axiata Group Bhd
is placing the emphasis on operational resilience and sound business fundamentals as it accelerates its pace towards achieving technology company (TechCo) status.
"Building up our digital core remains our focus as we progress towards our goal of becoming The Next Generation Digital Champion.

"Following our net-zero emissions and science-based target commitments last year, Axiata has put in place the governance structures and resources to strengthen and oversee matters relating to sustainability within the group including areas of digital inclusion and climate action," said chairman Tan Sri Shahril Ridza Ridzuan in a statement.
According to the group, some of the key actions of resilience taken include the continued reduction of forex exposure, increased hedging activities, reduction of capex, and zero-based costing.
"Given these proactive measures, we are targeting mid-single digit revenue growth and high single-digit earnings before interest and tax (Ebit) growth in 2023," added joint acting group CEO Vivek Sood.
Announcing its earnings for the 2022 financial year, the telco group said it recorded a net profit of RM9.77bil, nearly 12 times the net profit of RM818.9mil in the previous year as it took into account a RM13.5bil one-off net gain on the Celcom-Digi merger.
The group's earnings per share rose to 106.4 sen as compared with 8.9 sen in 2021.

Axiata said the improved bottomline was offset by higher depreciation and amortisation, taxes, net finance cost as well as goodwill impairment.
Earnings before interest, tax, depreciation and amortisation (Ebitda) meanwhile increased 9% year-on-year (y-o-y) to RM12.4bil.
The group reported revenue of RM21.73bil, which was 8.66% improved over the 2021 period, with higher contributions from all operating companies (OpCos) except Dialog and Ncell.
In line with its performance, the group declared a second dividend of five sen a share, which took the overall dividend payout to 14 sen a share in 2022.
Over the course of 2022, Axiata said it continued to drive cost excellence by achieving a capex savings of RM1.07bil.
The group closed the year with a robust balance sheet as gross debt/Ebitda decreased to 2.9x compared to two previous quarters.
This was owing to the higher debt to fund the Link Net and ISOC Philippines tower acquisitions, which was subsequently normalised by the proceeds from the completed mergers and acquisitions.
The group reported a healthy cash balance of RM7.5bil.
Joint acting group CEO Hans Wijayasuriya said the group's performance was owing to a multi-faceted response by Axiata to the macro headwinds.
"The group built resilience and operational muscle while seeding platforms for profitable growth.
"FY23 will be equally decisive, presenting opportunities and challenges associated with execution excellence and structural transformation, potentially on the backdrop of global macro headwinds," he added.
23/02/2023 9:53 PM
moneyontheway any quarter 4 result out??
24/02/2023 4:48 PM
skyinvestor this video talked about Telekom Malaysia, can watch it here https://youtu.be/LhMgB7MhjPQ
27/02/2023 10:30 AM
moneyontheway any dividend announced?
28/02/2023 10:22 AM
noscopesummer Waiting dividend .....
28/02/2023 12:52 PM
WL1288 nonsense share - stay out better
01/03/2023 9:28 AM
MoneyMakers Gov force cheaper broadband - how low TM can go
01/03/2023 1:07 PM
NoTimeToTrade Timecom today explode up, but TM didn't follow?
02/03/2023 5:13 PM
moneyontheway @faridfet, do you still hold telco shares like axiata and TM AS YOU SAID RUN BEFORE IT IS TOO LATE?? can share your opinion on bank shares?
21/03/2023 3:37 PM
willc48 Manyak Susah at TM. What bad news over project & tenders from newspaper reporting?
21/03/2023 10:11 PM
DickyMe TM has been in business for decades but cannot even provide affordable fibre Internet connection. TIME can provide 500Mbps @RM 99 (6 months promo) thereafter RM139 + contract 2 years. Why TIME a junior player can be efficient?
21/03/2023 10:16 PM
kl_guy today got volume . pick up seller side.
08/05/2023 3:44 PM
kl_guy tm rm 5.50 target
09/05/2023 10:05 AM
CyrusQ kl_guy

tm rm 5.50 target

Able reach ? or heading back to bottom haha
19/05/2023 6:21 PM
serbatipu Epf keep dispose likes no tomorrow. Relocate to cyber, data leak, cut cost, taars project,MSAP, etc
Many negative news
23/05/2023 8:25 PM
kl_guy https://www.businesstoday.com.my/2023/05/19/tm-launches-unifi5g-campaign-with-mega-event-and-new-postpaid-89-plan/

5G race is on .
26/05/2023 10:27 AM
Henryjohny https://www.nst.com.my/business/2023/06/919733/telekom-malaysia-unit-bags-rm49-billion-government-concession
14/06/2023 3:16 PM
success2628 Post removed. Why?
17/07/2023 6:44 AM
20/07/2023 3:44 PM
success2628 Post removed. Why?
25/07/2023 4:25 PM
1DERFUL Does anyone know why the EPF has been consistently purchasing TM shares since beginning of Aug? They've acquired millions of shares. Can we anticipate any positive announcements soon?
17/08/2023 10:44 PM
bensonlam33222 https://www.malaymail.com/news/malaysia/2023/09/21/prices-for-broadband-internet-to-fall-quite-significantly-soon-says-fahmi/92094

Prices for broadband internet to fall ‘quite significantly’ soon, says Fahmi
21/09/2023 12:55 PM
moneyontheway @faridfet, any comment on Axiata shares, why they cannot rise up anymore? after the merger with Digi, Axiata is worse. i bought at RM6+++, Any possibility to go up to RM6? Please enlighten with your views.
25/10/2023 3:34 PM
moneyontheway WHhere is Faridfet, he does not want to comment anymore? any others can contribute any ideas???
31/10/2023 4:14 PM
jhleo1 Any good news?
07/11/2023 10:19 AM
eklim65 Cost will be reduced if RM become stronger and stronger against USD
07/11/2023 10:51 AM
khalifahLGE 100Mbps- RM68.00
07/11/2023 12:09 PM
Medusa Run for your life

New Minister is back

Kikiki…
12/12/2023 3:20 AM
yeinemesis https://www.thestar.com.my/tech/tech-news/2024/01/26/hacker-alleges-to-have-stolen-telekom-malaysias-customer-database-with-nearly-20-million-effective-user-data
29/01/2024 9:07 AM
speakup Amboi! TM ni dah kena hack still up. Takde limit down?
29/01/2024 10:37 AM
moneyontheway Amboi! sudah naik banyak
08/03/2024 9:46 AM
x_abe81 Woahh.. queued some stock at RM6.5 and sold at 4.50pm. Good profit after getting the 2nd interim dividend. Hope to see TM continue to fly beyond RM7, for now i cashing out some for duit raya and buying good food at Bazaar Ramadhan :)
15/03/2024 5:27 PM
Oliver Ooi what happened? last minute huge jump in price?
17/03/2024 4:05 PM
speakup Did u know our CI was supposed to close Red but then suddenly turned Green at the last moment. Our PMX has instructed local funds to manipulate the CI to make it look good for foreigners to see
17/03/2024 4:42 PM
khalifahLGE https://www.tm.com.my/news/digital_healthcare_services_with_next_gen_epharmacy_solution?fbclid=IwAR2m01DX9CIy1BO6mVwTEJijzOy4u-6s-mL_9vpcbfIAS79_Gdpkiv2hCXw

good investment in health sector
18/03/2024 8:31 AM
icecool lol gap down wtf
18/03/2024 9:10 AM
jhleo1 RM6.50 must be bought by mistake. Hahahaha
18/03/2024 9:35 AM
x_abe81 Thats what we called rezeki. Long term and price target wise TM should go easily above RM7.
18/03/2024 9:57 AM
Oliver Ooi now the price looks normal. the 6.50 should next year or year end.
18/03/2024 11:38 AM

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