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 Maxis - Set For Listing Again, Maxis set for US$2b listing

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skiddtrader
post Nov 25 2009, 06:25 PM

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Wah OSK so fast issue call warrant for Maxis already. 2 different ones some more. Hehe This fellas really clever to make money.
skiddtrader
post Nov 26 2009, 01:09 AM

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Hmm I realise everytime someone says in lots, the next question would be if 1 lot = 1000 or 100.

I think best if everyone says like 1 k shares or 100 shares. Prevents confusion. tongue.gif


Added on November 26, 2009, 1:10 am
QUOTE(andrewckj @ Nov 25 2009, 11:10 PM)
Not yet. I have not even received the confirmation from MIH saying that I was a sucessful applicant. rclxub.gif
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DId you check MIH website?

This post has been edited by skiddtrader: Nov 26 2009, 01:10 AM
skiddtrader
post Nov 26 2009, 01:55 AM

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Hmmm might take some time I guess.

Best way to check is your CDS account. Call your brokerage to confirm the stock is already in your hand. That is the best confirmation.


skiddtrader
post Nov 26 2009, 06:05 PM

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Today I just got my official letter from MIH with the IPO results... yawn.gif
skiddtrader
post Nov 30 2009, 02:25 PM

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QUOTE(zamans98 @ Nov 30 2009, 01:22 PM)
this are the very specific reason why I refused to par take in IPO early game. Might as well use that 5.2K buy open market last week, now already in profit. TIME EQUAL MONEY factor - u already lost..  icon_rolleyes.gif
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I think if really only have RM5.2k in the bank, better don't buy stocks let alone IPO. Not really advisable to throw everything in until have to eat maggi mee.

At least if you got RM10k, you can try the IPO, and if never get can use the other half to buy from market. Knowing that the money from the failed application will get back anyway.


skiddtrader
post Nov 30 2009, 07:06 PM

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6 sens out of 8.2 sens is 73% payout.

Hopefully at the end of the year, thye can achieve minimum 75% payout.
skiddtrader
post Dec 1 2009, 10:44 AM

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QUOTE(YannYann @ Dec 1 2009, 10:10 AM)
the dividend paid on 15 Jan 2010, 0.06 per ordinary share....how to count ar ???

mean after dividend paid, the prices will drop loh as many will be selling off  ?
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Hold long term so for every dividend received, you are actually lowering your costs of purchase. Take for instance you bought at IPO for RM4.75, this dividend has lowered that to RM4.69 per share for you. And this is also just an interim dividend, so there is more to come before the end of their financial year.


skiddtrader
post Dec 1 2009, 05:33 PM

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QUOTE(sailou @ Dec 1 2009, 05:29 PM)
Weird that people are actually throwing their shares for profits although dividends has been declared yesterday. I was expecting it to break the 5.50 barrier today. Let's hope for more tomorrow.

Correct me if i'm wrong. Is every 1000 unit will get RM60 as dividend?
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Yes that is correct.
skiddtrader
post Dec 8 2009, 08:09 AM

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QUOTE(ronniekyan @ Dec 7 2009, 10:51 PM)
why maxis cant go up one......?
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Because it's fairly priced and growth is limited.

Hard for a dividend counter to be gorenged too much unless it's like CIMB planning for dual listing.
skiddtrader
post Dec 22 2009, 02:00 AM

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QUOTE(FindingHome @ Dec 20 2009, 12:14 AM)
how to earn money through dividen counter eh?
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Slowly and surely, hopefully. biggrin.gif
skiddtrader
post Jan 1 2010, 08:10 AM

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QUOTE(BrendaChee @ Jan 1 2010, 02:12 AM)
I think Maxis can go up in a long run. I am still trying to buy moer if the price can hit 5.20 - 5.30.

Digi....really expensive now...
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Actually in terms of valuation, DIGI is cheaper compared to the premium Maxis price.


skiddtrader
post Jan 2 2010, 10:18 AM

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QUOTE(kei18kun @ Jan 2 2010, 09:40 AM)
so how much is maxis really worth?
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For me only about RM5. It's trading at slight premium at the moment.
skiddtrader
post Feb 26 2010, 09:19 AM

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QUOTE(mok thye yee @ Feb 26 2010, 09:04 AM)
yes, with the recently committed financial instruments, going forward the financial service cost will be higher, and operational wise not much upside.

My deduction for div for this coming FY

best case : 6 cents per 4 quarter and a final 3 cents, total 27 cents
normal case : 6 cents per 3 quarter and a final of 3 cents, total 21 cents
worst case : 6 cents per 2 quarter and a final of 3 cents, total 15 cents

if i do not remember wrongly, the "old" maxis pay div 3 times a year onli.
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Although I was quite optimistic with Maxis initial dividend payment, it seems more unlikely it can sustain such dividends over long term unless it starts generating more cash.

Small part of me is thinking of selling before 15th March.
skiddtrader
post Feb 26 2010, 11:00 AM

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QUOTE(mok thye yee @ Feb 26 2010, 09:54 AM)
in order for Maxis to generate more cash, it need to either expand it market share or be more efficient.

Let's look at efficiency, MAXIS EBITDA margin is ~ 50% which is one of the best in the world (the world not jaguh kampong) so do u think it got a lot of room for improvement. U can easily improve the efficiency for a bad company, like wat idris jala achieved in MAS. but for a top class company, it is oledi very difficult to maintain, not to say to further improve.

Now "to expand market share" , this is wat the mgmt has been barking about, increase the data volume, but be realistic, we all use handphone, the competition is cut throat, the market is saturated, do u think it is easy ????


my target is simple, decent return which is better than FD, and capital protection against inflation over long term ( more than 5 years) which i think maxis can meet my investment objective.

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I bolded the most important factor in a dividend stock. Primary capital protection and secondary DY.

It's really easy to beat the FD these days with counters on the KLSE, but to do it without capital loss and maintaining growths above inflation is another.

I'm more worried about capital protection with Maxis compared to DY. And preferably Maxis never goes down below RM5 anymore. But EPS of 27 sens is concerned, at RM5.50 PER is already above 20.

In your best case scenario of 27 sens of dividend per year, current price is already 20 times the Dividend.

Even if Maxis EPS grows by 10% in 2010, at current price of RM5.50 PER will still be above 18x.

As comparison,
DIGI at current price has PER of 17.5x and dividend times of 20.9, no external growth.
AXIATA current price has PER of 17.8x and no dividend with external growth in Indonesia.

skiddtrader
post May 6 2010, 11:28 AM

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QUOTE(lukeraj @ May 6 2010, 11:18 AM)
R u guys happy or disappointed with Maxis, dividend good but price not appriciated
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Hmmm Maxis growth is limited unless it can unlock the potential of data income. Until then, it would remain a dividend stock and not appreciate past the dividend yield to a certain extent.
skiddtrader
post May 9 2010, 09:24 AM

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QUOTE(mhoomhoo @ May 8 2010, 11:27 PM)
In your opinion, wat's the percentage do you think the principal growth will be capped at? I've been holding since the ipo but nothing interesting is happening til now. Jus wondering shud I sell already? Thanx
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Depends what kind of returns you are looking for and what you would do with the funds once you've sold the shares. Maxis is positioned as a dividend counter, so in terms of yearly yield it should provide somewhere above 5% returns from your cost.

But if you feel that other counters may present a better yield or capital appreciation compared to Maxis, there is no reason you should stay any longer than you should unless you are expecting some wild returns from Maxis.


skiddtrader
post Sep 1 2010, 07:49 PM

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QUOTE(Js23 @ Sep 1 2010, 12:29 PM)
Maxis giving a 8sen 2nd Interim Dividend on this 14 sep
Anyone can teach me how to calculate the dividend given by maxis.
TQ biggrin.gif
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8 sens * shares in hand = dividend tongue.gif

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