Analysts unfazed by negative rating on TM

ANALYSTS are not worried over the negative Fitch Ratings’ downgrade on Telekom Malaysia Bhd (TM) as they see its cashflow “rock solid” and “still all right”. A local bank-backed brokerage analyst said the spotlight of the downgrade is more on Malaysia’s overall economic outlook rather than on TM’s stock per se.

Posted: 2013-09-27 18:53:00

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