.png)
Telekom (TM):
Share price had rallied till 23 July 2019 due to strong 1QFY2019 results and cost optimization optimism.
However term profitability such as higher than expected capex and revenue outlook towards 2H2019.
The agenda to implement cost efficiency initiatives remain TM key to earnings recovery.
Technically price is still trending above major 50 100 and 200 day SMAs.
Immediate support is at 4.04 the recent low followed by 3.84 and 3.61.
Get RM10 Free With BigPay MasterCard. My referral code: AQP50NWLUE
Easy steps to signup : http://bit.ly/BigPayBC
Disclaimer: None of the content published on Bursa Chat constitutes a recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person.
Share price had rallied till 23 July 2019 due to strong 1QFY2019 results and cost optimization optimism.
However term profitability such as higher than expected capex and revenue outlook towards 2H2019.
The agenda to implement cost efficiency initiatives remain TM key to earnings recovery.
Technically price is still trending above major 50 100 and 200 day SMAs.
Immediate support is at 4.04 the recent low followed by 3.84 and 3.61.
Get RM10 Free With BigPay MasterCard. My referral code: AQP50NWLUE
Easy steps to signup : http://bit.ly/BigPayBC
Disclaimer: None of the content published on Bursa Chat constitutes a recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person.
No comments:
Post a Comment