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CIMB's Comments On Axiata

Tuesday, May 19, 2009

CIMB's comments on Axiata.




Above expectations? Waaazzap doc?

I have no idea what the following line means...

  • 1Q09 core net profit is significantly above our and market expectations even though on annualised basis, it missed our forecast by 3% and consensus by 9%.

I just cannot under standing that how can the earnings can be significantly above their expectations and yet it's below their annualised forecast?

And oh, how nice that CIMB forecast is on CORE net profit.

Looks like another new financial yardstick for me.

How now my dearest Brown Cow? Looks like my brains must be too flawed to understand.

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