Thursday 24 February 2022

MAXIS Bhd : You Give Love A BAD name!!!

is Bon Jovi's  first chart topper in their homeland.   Taken  from the album Slippery When Wet,  which was a massive massive best seller in almost every corner of  the world.

Slippery When Wet is what  Maxis is READ : Maxis claims ' net profit decreases 5.4pc to RM1.31 billion for FY21 due to heavy investments to strengthen network, fibre coverage.


The damage is done
Shot through the heart
And you're to blame
You give love a bad name
I play my part and you play your game
You give love a bad name 
SECOND  BEST  is what Maxis CONSUMERS are.  Let me put into prospective Maxis capital expenditure  for 2021 .

Maxis spend RM1.2  billion on capital expenditure,  which is less than the RM1.3 billion,  it gave away to  its rich shareholders as dividend.


CAN Maxis drastically  cut dividends  and invest much more on say 5G infrastructure,  as suggested  by those hidden hands trying to kill Digital Nasional Bhd?

Maxis cannot cut the dividend by much.  Do remember  that up until 2015 MAxIS WAS BORROWING MONEY TO PAY DIVIDENDS.

So why can't Maxis  reduce its dividend  by much?  READ : Maxis Broadband Sdn Bhd's RM9.4 billion Debt.


Based  on Maxis RM1.2 billion capital expenditure,   If we are foolish enough to allow Maxis to build the 5G  highway for us,  it will only be fully ready by 2032!!!,  I guess