Assessing telecommunication share, Q-Tel Indosat crossing not influencing prospect

Tuesday, June 09, 2009

The increase of two prominent telecommunication emiten at 25% and 15% average on March and April considered way of too much expectation. The price increase in accordance with PT Telekomunikasi Indonesia Tbk (TLKM) and PT Indosat Tbk (ISAT) performance release per semester 1/2009 is not proven. On May, the price of the two share similarly drop for 5.36% and 5.1% right among the increase of composite index of 11.26%.Citigroup Global Markets Ltd analyst Anand Ramachandran considered the two increase caused by investor speculation of their double digit growth booked this year / Bisnis Indonesia, pg F3

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