$MAXIS (6012.MY)$broke the final medium term support of 3.22, no eyes see how low it will go. In terjun laut mode. Don’t catch the falling knife. Don’t dare to identify next support.
The latest earnings season is in, and while Malaysia’s telco sector exceeded expectations, growth remains uninspiring. The highlight? Special dividends. Key Takeaways: Slow Service Revenue Growth Domestic mobile network operators (MNOs) saw 1.4% revenue growth in 2024, primarily driven by Maxis. $MAXIS (6012.MY)$benefited from a growing postpaid and home fiber subscriber base and a new wholesale contract with$TM (4863.MY)$(TM...
Bad price movement for Maxis as it fails to break the descending triangle. Price rebounded slightly yesterday but with the drop in price today, it is following the downward trendline. $MAXIS (6012.MY)$
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Key Takeaways:
Slow Service Revenue Growth
Domestic mobile network operators (MNOs) saw 1.4% revenue growth in 2024, primarily driven by Maxis.
$MAXIS (6012.MY)$ benefited from a growing postpaid and home fiber subscriber base and a new wholesale contract with $TM (4863.MY)$ (TM...
$MAXIS (6012.MY)$
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