Monday, April 7, 2014

M1

M1: Morgan Stanley says M1's share price is "highly likely" to increase over the next 60 days as its new billing method will boost its 1Q revenue. The mobile operator in Singapore, which will report its 1Q results next Monday, may see 3-5% rise in revenue because it has shifted from "per sec" to "per min" voice pricing from Jan. MS says the revenue increase may all flow through to the bottom line. M1 is unchanged today at $3.44.

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