|Bid||2.10 x 0|
|Ask||2.11 x 0|
|Day's range||2.10 - 2.11|
|52-week range||1.51 - 2.13|
|Beta (3Y monthly)||0.74|
|PE ratio (TTM)||14.86|
|Earnings date||21 Jan 2019 - 25 Jan 2019|
|Forward dividend & yield||0.10 (4.93%)|
|1y target est||1.96|
In this article, we will look at 10 key points from Singapore Telecommunications Limited's (SGX: Z74) latest results presentation.
Frasers Hospitality Trust’s (FHT) 4Q18 Distribution Per Unit of $0.0122 was in line with our estimates. Properties performances in Singapore and Germany were stable mitigated by weaker results across Australia, Japan and Malaysia, especially the Westin KL which saw a sharper 14.8% and 21.6% decline in gross operating revenue and profit on slower corporate demand. FHT’s Singapore assets are positioned for a recovery in the hospitality sector driven by increased occupancies at the 2 properties and operating efficiency at Fraser Suites, even though we expect near-term RevPAR growth to be tempered by competitive supply-side pressures with room supply from new players – Andaz and JW Marriott – in the Bugis micro-market.
Singapore Press Holdings Limited (SGX:T39), Singapore Telecommunications Limited (SGX:Z74), and M1 Ltd (SGX:B2F) were on the radar of institutional investors.
We take a look Singapore Telecommunications Limited's (SGX: Z74) return on invested capital (ROIC) to determine the quality of its business.
The Federal Open Market Committee (FOMC) raised the US federal funds rate (FFR) by 25 basis points (bps) on 26 Sep-2018, and indicated the possibility of another FFR hike in December with three more to follow next year. Historically, there is a positive correlation between FFR and 3-month SIBOR, which has also risen to an average of 1.63% in 3Q18 from 1.51% in the prior quarter representing a 12 bps q-o-q increment. This will help to widen the 3Q18 net interest margin for United Overseas Bank (UOB). Furthermore, healthy sales in recent property launches indicated that the Government’s property cooling measures in early July might have limited impact on mortgage growth. Meanwhile, UOB pressed on with its plans for a digital bank, which we believed will be positive for its long-term growth as we await more implementation details. Maintain BUY. RHB Research (28 Sep)
The latest buying activities of institutional investors involving M1 Ltd (SGX:B2F), Sembcorp Industries Limited (SGX:U96), and Singapore Technologies Engineering Ltd (SGX:S63).
Singapore Telecommunications Limited's (SGX: Z74) management shares critical thoughts on its regional diversification.
Sept 27 (Reuters) - Axiata Group Bhd: * REFERS TO PRE-CONDITIONAL OFFER BY KONNECTIVITY PTE * WILL CONTINUE TO EVALUATE ALL OPTIONS AVAILABLE FOR STAKE IN M1 LTD * REFERS TO OFFER ANNOUNCEMENT MADE BY ...
Keppel Corporation Limited (SGX: BN4) and Singapore Press Holdings Limited (SGX: T39) seek to gain majority control of M1 Ltd (SGX: B2F).
Keppel Corp Ltd and Singapore Press Holdings Ltd (SPH) have offered to buy the remaining shares in Singaporean telecom operator M1 Ltd that they do not already own, in a deal worth up to S$1.27 billion ($930 million). The companies, through a special purpose vehicle, have offered to pay S$2.06 per M1 share, a premium of 26 percent to the stock's last closing price, they said in filings to the stock exchange.
Keppel Corp. and Singapore Press Holdings on Thursday said they plan to make an offer to take control of M1 Ltd., valuing the telecom firm at about $1.39 billion.
Keppel Corp Ltd and Singapore Press Holdings Ltd (SPH) said on Thursday that they have offered to buy the remaining shares in Singaporean telecom operator M1 Ltd that they do not already own. The companies, through a special purpose vehicle, have offered to pay S$2.06 per M1 share, a premium of 26 percent to the stock's last closing price, the two said in filings to the stock exchange. The companies and their related parties have a deemed interest of 33.27 percent in M1.
Sept 27 (Reuters) - Keppel Corporation Ltd: * KONNECTIVITY PTE. LTD. TO ACQUIRE ALL ISSUED AND PAID-UP ORDINARY SHARES IN CAPITAL OF M1 LIMITED * CONSIDERATION FOR EACH OFFER SHARE IS S$2.06 IN CASH * ...
KUALA LUMPUR/SINGAPORE, Sept 26 (Reuters) - Keppel Corporation Ltd (KCL) and Singapore Press Holdings Ltd (SPH) are looking to buy out Axiata Group Bhd's stake in Singapore's smallest mobile network operator M1 Ltd, sources familiar with the situation said on Wednesday. Axiata is M1's largest shareholder with a 28.3 percent stake, while Keppel owns about 19.7 percent through a unit, and SPH owns about 13.3 percent.
Malaysia's Axiata Group Bhd said it is reviewing its stake in M1 Ltd after Keppel Corporation Ltd and Singapore Press Holdings Ltd (SPH) expressed an interest in Singapore's smallest mobile network provider. The comment comes after conglomerate Keppel on Monday said it was considering "a transaction for the shares in M1" alongside media group SPH. The Malaysian telecommunications firm, in a statement on Wednesday, said it is in discussion with a financial institution to act as its advisor "to review various options available to Axiata with the sole objective that the company continues to vigorously protect and enhance shareholders' value of both Axiata and M1".
Sept 26 (Reuters) - Axiata Group Bhd: * MALAYSIA'S AXIATA SAYS CURRENTLY REVIEWING POSITION IN VIEW OF A POSSIBLE TRANSACTION TO BE FURTHER ANNOUNCED BY KEPPEL AND SPH ON ITS M1 SHARES * AXIATA SAYS IN ...
There could be something brewing around M1 Ltd (SGX: B2F).