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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 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 Henryjohny MASAP lowered ..cheaper broadband price ... will impact TM earning .... 20/02/2023 1:09 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 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 skyinvestor this video talked about Telekom Malaysia, can watch it here https://youtu.be/LhMgB7MhjPQ 27/02/2023 10:30 AM 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 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 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 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 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 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 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 | APPS I3 Messenger Individual or Group chat with anyone on I3investor MQ Trader Perform Technical & Fundamental Analysis on Stocks MQ Affiliate Earn rewards by referring your friends
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