Summary
NATIONAL postal service company Pos Malaysia is all set for some good times ahead, thanks to a potential tariff increase and an acquisition of a rival.
POS Malaysia Bhd has not seen a tariff increase in recent times, but 2010 is poised to be a rewarding year for the national postal service company. The year could also see Pos Malaysia acquiring a sizeable rival that will give it access to higher margin premium offerings.See the full content of this document
Extract
Growth Prospects
The long-overdue tariff hike for Pos Malaysia's mailing segment under PosMel is imminent and once this happens, the company could see its earnings and gross margins growing by about 50% and 20% respectively in 2011, analysts say.
`PosMel is in aggressive talks with the Malaysian Communications and Mul...See the full content of this document
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