|Day's range||1.84 - 1.88|
|52-week range||1.84 - 2.82|
|PE ratio (TTM)||12.08|
|Earnings date||9 Oct 2017 - 13 Oct 2017|
|Dividend & yield||N/A (N/A)|
|1y target est||1.82|
Categories: Yahoo FinanceGet free summary analysis M1 Ltd. reports financial results for the quarter ended June 30, 2017. We analyze the earnings along side the following peers of M1 Ltd. – Total Access Communication Public Co., Ltd. (DTAC-TH) that have also reported for this period. Highlights Summary numbers: Revenues of SGD 251.60 million, Net Earnings of SGD ... Read more (Read more...)
M1’s share price has held up relatively well ever since its 3 major shareholders announced their intention to undertake a strategic review of their shareholdings. However, considering that a buyer would have to come up with over $2.2b for a controlling stake, funding could be a potential stumbling block for bids to materialise.
Singaporean conglomerate Keppel Corp posted a 21 percent drop in its quarterly profit and warned it did not expect a speedy recovery in the offshore and marine market. The conglomerate and its smaller cross-town rival Sembcorp Marine have been hit by an oversupply of offshore oil drilling rigs, with customers delaying contracts and refraining from placing new orders with oil prices expected to stay lower for longer. "Despite some pick-up in activity in the offshore market, the general consensus is that, with the prevailing uncertainty in the oil market, and oversupply in the jackup market, a quick recovery is unlikely," said CEO Loh Chin Hua.