Determination of the share prices on telecommunication industry listed in Bursa Malaysia / Aisyah Ameera Yussoff

Equity investment becomes first attraction and interest to the financial manager and investor since these activities may give benefit and return to them. It is because these activities may access capital for the firm and provide return to the investors. In order to make decision on investment, a share price is one factor that will persuade the decision of the investors. Different companies in different industry have different value of share prices. Besides, share prices also become as proxies to the companies' strength and financial condition. Changes in share prices are come out from several factors in the firms. So, the purpose of this study is to analyse the factors that determine the share prices. Since, the telecommunication sector has been grown in last few years and becoming top thirty companies listed in Bursa Malaysia nowadays, this industry will be used for my study. Due to the changes share prices faced by the companies, this paper will analyse the determination of share prices by analysing historical data from year 2009-2016 on dividend payout, price earnings ratio, earning per shares, book value per share, and size of the firms. This study collects the data annually by using annual report of the companies mainly from Bursa Malaysia and Thomson Reuters Datastream. The study expected that earnings per share and price earnings ratio will have significant toward the share prices.