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 TMI/Axiata, Trading opportunities

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wil-i-am
post Nov 27 2013, 07:04 PM

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Quarterly rpt on consolidated results for the financial period ended 30/9/2013
http://www.bursamalaysia.com/market/listed...cements/1475353
wil-i-am
post Nov 28 2013, 11:50 AM

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Key divisions push up Axiata earnings
http://www.thestar.com.my/Business/Busines...a-earnings.aspx
davinz18
post Dec 2 2013, 05:23 PM

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Axiata gets approval for Axis buy

Axiata Group Bhd's Indonesian unit PT XL Axiata has secured approval from policymakers there to buy the entire stake in PT Axis Telekom Indonesia for some RM2.8 billion. The figure includes Axis Telekom's debt.

In a statement to Bursa Malaysia today, Axiata said it has obtained written approval from Indonesia's communications and informatics ministry for the proposed acquisition.

Axiata said the acquisition will "result in the merger of XL and Axis. The approval includes the condition for the return of 2x10 MHz of the 2.1 GHz (3G) spectrum license to the Government of Indonesia"

XL Axiata had on September 26 this year signed a conditional sale and purchase agreement with Saudi Telecom Co (STC) and the latter's 100%-owned unit Teleglobal Investments BV.

Under the deal, XL Axiata will acquire 100% in Axis Telekom from STC for US$100. XL Axiata will also assume Axis Telekom's estimated US$865 million (RM2.8 billion) debt.

Analysts said the latest updates bode well for Axiata.

TA Securities Holdings Bhd said approval from Indonesian authorities "clears a major hurdle" for the transaction.

"Overall, we are positive on this deal as long-term merger benefits outweigh near-term earnings dilution. To recap, management had earlier guided that it expects to turnaround Axis within two years," TA wrote in a note.

TA is maintaining its earnings estimates for Axiata pending the finalisation of the deal. For now, TA is retaining its "buy" call and target price of RM8.43 for the stock.
davinz18
post Mar 17 2014, 05:40 PM

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EPF buys 3.58m Axiata shares

The Employees Provident Fund Board raised its shareholding in Axiata Group Bhd to 12.56% stake after the recent purchase of 3.58 million shares.

A filing with Bursa Malaysia on Monday showed the fund had bought the shares of March 11.

The share price closed at RM6.48 on that day. The share price has seen volatile trade, from a high of RM6.90 on Dec 31, 2013 and falling to a low of RM6.44 on March 14.

After the recent purchase, the EPF's shareholding increased to 1.073 billion shares of 12.56%.
wil-i-am
post Mar 20 2014, 01:08 PM

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Axiata subsidiary completes US$865m purchase of PT Axis Telekom
http://www.thestar.com.my/Business/Busines...T-Axis-Telekom/
wil-i-am
post May 5 2014, 09:37 PM

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EX-date 02/06/2014
Entitlement date 04/06/2014
Entitlement subject Final Dividend
Entitlement description Final Tax Exempt Dividend Under Single Tier System of 14 sen per Ordinary Share of RM1.00 each
Payment date 19/06/2014

cdspins
post May 5 2014, 10:22 PM

Look at all my stars!!
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axiata seems like going strong
lcchong76
post May 7 2014, 05:53 PM

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AXIATA Analysis:-

http://lcchong.wordpress.com/2014/05/07/ax...sis-7-may-2014/

My View:-

- Fair values:
- Absolute EY%: Buy below 6.67, sell above 8.17 (MOS: 17.60%)
- I am looking for 23% MOS though.
- AXIATA is currently undervalued at 6.73 (6 May 2014)
- I expect Celcom’s earnings to remain stable going forward amid rational competition. XL meanwhile will have to absorb Axis’ losses in the initial years post-merger. The potentially value-accretive tower spin-off exercise is not close to being completed. Besides, AXIATA is still highly leveraged. CROIC and ROIC are just stable, but not improving significantly.
- New acquisition activities are expected, such as Viom Networks Ltd in India. Thus, more funding and gearing will be needed.
- As of now, I do not see new growth catalysts for Axiata in the near term. I won’t accumulate AXIATA in the near term.

Latest Financial – Annual Report 2013 (6 May 2014) http://www.bursamalaysia.com/market/listed...cements/1614929

At the time of writing, I owned shares of AXIATA.
kimboon
post May 15 2014, 04:26 PM

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QUOTE(lcchong76 @ May 7 2014, 05:53 PM)
AXIATA Analysis:-

http://lcchong.wordpress.com/2014/05/07/ax...sis-7-may-2014/

My View:-

- Fair values:
- Absolute EY%: Buy below 6.67, sell above 8.17 (MOS: 17.60%)
- I am looking for 23% MOS though.
- AXIATA is currently undervalued at 6.73 (6 May 2014)
- I expect Celcom’s earnings to remain stable going forward amid rational competition. XL meanwhile will have to absorb Axis’ losses in the initial years post-merger. The potentially value-accretive tower spin-off exercise is not close to being completed. Besides, AXIATA is still highly leveraged. CROIC and ROIC are just stable, but not improving significantly.
- New acquisition activities are expected, such as Viom Networks Ltd in India. Thus, more funding and gearing will be needed.
- As of now, I do not see new growth catalysts for Axiata in the near term. I won’t accumulate AXIATA in the near term.

Latest Financial – Annual Report 2013 (6 May 2014) http://www.bursamalaysia.com/market/listed...cements/1614929

At the time of writing, I owned shares of AXIATA.
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tm unifi speed good but price no good lo
davinz18
post Jul 2 2014, 08:37 PM

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Malaysia's Axiata sells 24 pct stake in Thai phone distributor

Axiata Group Bhd, Malaysia's biggest phone operator by market value, plans to sell its 23.93 percent stake in Thai handset distributor Samart I-Mobile to Samart Corp for 2.87 billion baht ($88.69 million).

The Malaysian company will sell 1.05 billion shares of Samart I-Mobile at 2.73 baht each through the Stock Exchange of Thailand, the Thai firm said in a statement.

The price represented a 14 percent discount to Samart I-Mobile's closing prices at 3.16 baht on Wednesday, up nearly 4 percent on day.

The deal, which will be completed in the next 30 days, will raise holding of Thai telecoms group Samart Corp to 74.11 percent, it said.
nexona88
post Oct 1 2014, 12:48 PM

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Axiata Indonesian unit selling telecommunication towers for RM1.5b
http://www.theedgemalaysia.com/business-ne...-for-rm15b.html
nexona88
post Jan 14 2015, 11:19 AM

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News wires have reported that Axiata is interested in taking part in the privatisation of Vietnamese state-owned telco MobiFone. Axiata’s head of corporate development Annis Sheikh Mohamed has recently met with Vietnam’s Deputy Minister of Information and Communications Le Nam Thang in Hanoi to discuss this matter.

By acquiring a stake, a long-term cooperative relationship can be established through which Axiata can offer valuable technology transfer. Furthermore, Axiata believes that it is in a good position to help and guide this corporate exercise based on its experience.

The Information and Communications Ministry expects to complete the final proposal of this deal and obtain government approval by this year.

Vietnam’s foreign investment law allows foreign investment in a company up to a 49% stake.

MobiFone’s current parent, state-owned Vietnam Posts and Telecommunications Group, will be entitled to hold up to 20% of the private entity.
nexona88
post Feb 3 2015, 12:47 PM

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Axiata Group Bhd’s fourth quarter 2014 results are expected to be lacklustre, but the group is expected to benefit from its regional growth as well as better 2015 performance from its key units, Celcom Axiata Bhd and PT XL Axiata Tbk (XL).

PublicInvest Research said Celcom, which had a stronghold in the east coast, had been affected by the worst floods in decades in the fourth quarter. The floods have not only forced thousands to evacuate but also damaged network sites.

One of Celcom’s Facebook posts showed 313 of its network sites were affected by floods with 208 in Kelantan, 90 in Pahang, 10 in Terengganu and five in Perak. The company’s fibre optic cables were also damaged due to landslides in Sungai Siput and the East-West Highway.

http://www.thestar.com.my/Business/Busines...stre/?style=biz
nasni
post Mar 31 2015, 01:35 AM

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Any info on divvy, FY already closed.
nexona88
post May 20 2015, 05:00 PM

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Axiata sees 2H earnings recovery on M'sia, Indon units
QUOTE
Improved earnings from Celcom could be expected, as last year's system-related issues, which impacted earnings, had been resolved.

CEO Datuk Seri Jamaludin Ibrahim said "dozens of initiatives" to win back dealers and distributors' confidence were being carried out, following Celcom's IT transformation last year.

On Indonesia, he said the shift in XL's strategy from targeting low-end users to higher value mid-range users in Indonesia, would start to bear fruit.

http://www.theedgemarkets.com/my/article/a...sia-indon-units
Oracles99
post May 20 2015, 07:38 PM

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Axiata declared a dividend of 14 cents ex date 2 Jun 2015.
nexona88
post Jul 24 2015, 10:39 PM

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Axiata seeks controlling stake in US firm
http://www.theedgemarkets.com/my/article/a...rm?type=Markets

I tot gomen encourage GLC to invest locally hmm.gif

This post has been edited by nexona88: Jul 24 2015, 10:40 PM
wil-i-am
post Aug 7 2015, 12:38 PM

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Tank 0.20 to 5.94 which was 52 weeks Low
Gud time to nibble? hmm.gif
vvv
post Aug 7 2015, 01:15 PM

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WTH, i bought at 6.87
nexona88
post Oct 2 2015, 08:07 PM

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Axiata buying Digicel Asian for EV of US$221m
http://www.thestar.com.my/Business/Busines...221m/?style=biz

I tot jibby said no foreign acquisitions for GLC now blink.gif hmm.gif

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