Rhb Research maintains Outperform on Axiata at RM3.85, fair value RM4.05
RHB Research Institute is maintaining its Outperform on Axiata at RM3.85 with a fair value of RM4.05 as it continues to like Axiata for its strong earnings growth and exposure to the recovery in emerging markets where mobile penetration rates remain low.
AmResearch Sdn Bhd has re-affirmed its 'buy' call on UMW Holdings at a higher fair value of RM12.70 versus RM11 previously.