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TELEKOM MALAYSIA BHDTT

TELEKOM MALAYSIA BHD

6.96MYRD
+0.10+1.46%
At close at 08:50 GMT
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TM trade ideas

TELEKOMTelekom Malaysia teams up with Singtel to develop data centre in Johor partnering Singapore Telecommunications Ltd (Singtel) to establish greenfield data centre facilities in Iskandar Puteri, Johor. TM’s long-term data centre strategy, strengthens TM’s position as one of the market leaders in Malaysia’s data centre landscape and is in line with TM’s aspiration of Pioneer, Win and Revitalise 2030 to become a digital powerhouse by 2030. The proposed data centre will be an addition to TM’s existing seven data centres across Malaysia, including keystone locations in the Klang Valley and Iskandar Puteri, Johor Shares of TM closed 29 sen or 4.45% higher to RM6.81 on Tuesday, giving the group a market capitalisation of RM26.13 billion. Year-to-date, the counter has risen over 21%.
MLong
by drasyrafz
TM entering stage 2I covered TM for VIP members back in 13 Aug when i see the stocks entering from stage 4 to stage 2. (Screenshot) There is a cheat buy area on 15 Aug as the volume start flowing in. Price solid breakout on 16 Aug. Price experience correction before QR release. After good QR released, market got good respond and price went back up. Currently price under natural reaction. Will it be another opportunity for us? Disclaimer: Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as advice designed to meet the investment need of any investor. Trade at your own risk.
MLong
by adamkhoosk