Many people are talking about how bad the outlook is for M1.
Yes, top and bottom lines are declining. But I feel it is not gloom and doom for M1. Afterall they are still making money isn't it? Not as if they are loss-making.
I believe their turnaround will be when their new initiatives such as IoT and smart meters start to kick in and generate revenues for them.
My feeling is that the M1 now is like the SingTel years ago when they started to diversify into new income streams which they are now reaping the benefits.
Am I the only one feeling this way?
However there is a key factor to M1's future outlook as follows:
Potential upside: Ms Karen Kooi
Potential downside: Ms Karen Kooi