Telecoms sector PER likely to narrow in FY14

Source: The Edge Financial Daily

Growth for DiGi, transformation for Maxis

Telco counters in red zone

Based on friday's closing price, all telco counters closed in red.  DiGi, Axiata and TM drop the most among the counters.  What's happen?  Who dump the shares?  Institution fund or EPF takes profits?  Will them continuing to drop on next week?  Hmm....