|Bid||2.36 x 0|
|Ask||2.37 x 0|
|Day's range||2.33 - 2.38|
|52-week range||2.33 - 2.99|
|PE ratio (TTM)||16.74|
|Earnings date||2 May 2018 - 7 May 2018|
|Forward dividend & yield||0.16 (6.69%)|
|1y target est||2.36|
These Straits Times Index (SGX: ^STI) components are trading close to their 52-week low prices. Are they a bargain?
A look at how StarHub Ltd (SGX: CC3) performed for the full year ended 31 December 2017 and what to expect for the rest of 2018.
According to Feng Shui experts, the year of the Earth Dog is supposed to be good for so-called “fire” industries. These are said to include the internet, utilities and technology. Some say pharmaceuticals are supposed to be good, too. This time last year, the Fire Rooster took centre stage. That was supposed to augur well […]
An overview of the positive and negative factors from Singapore Telecommunications Limited's (SGX: Z74) latest earnings update.
SATS, ComfortDelGro, OCBC and UOB will post results, the US and the UK will report inflation numbers Singapore will announce December retail sales.
Comparing Singapore Telecommunications Limited's (SGX:Z74) current valuation ratios with those of its peers.
StarHub’s mobile revenue is projected to fall by 5.8% in 2020 after TPG's entry. Over four years, CIMB Research expects StarHub's mobile revenue to go down by a cumulative of 7.9% and its contribution to total service revenue to plummet by 52-55%. According to a report, mobile service revenue (MSR) could still rise by 0.9% in 2017 and 1.4% in 2018, due to its subscription fee hikes.
CIMB Research is still bearish about StarHub's earnings within 2016 to 2020 despite its acquisition of cybersecurity firms Accel Systems & Technologies Pte Ltd (ASTL) and D'Crypt. According to a report, StarHub’s share price rose by almost 16% from its low in mid-August 2017, after its fixed network services (FNS) business registered improved performance in 3Q2017 after it acquired ASTL. StarHub then agreed to acquire D’Crypt, which is expected to further expand its suite of cybersecurity solutions to enterprise/government customers and contribute positively to future earnings.
It wants to have capabilities for solutions in cryptographic and digital security. StarHub Ltd acquired cryptographic technology firm D’Crypt Pte Ltd for $122m to enhance its info-communications technologies ...
They will launch apps for smart parking, environmental sensors and video analytics, to name a few. StarHub signed a memorandum of understanding with Nokia to start developing Internet of Things (IoT) applications ...
The shares were sold after it was announced the CEO would step down. DBS sold 900,000 of its shares in StarHub for $2.45m on 13 November. According to an announcement, this cut Temasek Holdings' (Temasek) ...
The platform called Fasttrack Trade will be launched in 1Q18. Prudential Singapore (Prudential) and StarHub partnered up to launch a blockchain-based digital trade platform called Fasttrack Trade (FTT). It will allow them to find business distributors, buy and sell goods, track shipments, receive and make payments, and access finance products on a single platform.
United Overseas Bank’s (UOB) 3Q17 loans growth was 7.7% higher y-o-y driven by strong double digit loans growth from manufacturing and financial institutional loans coupled with a 6.6% increase of housing loans growth. Net interest margin (NIM) expanded 4bps q-o-q to 1.79%.
Its mobile and Pay TV segments continue to weigh down company performance. StarHub’s Q3 profits fell by 11.5% YoY from $86m to $76.2m, according to its financial report. According to OCBC Investment Research, total revenue dipped by 0.8% YoY to $580.4m but would have been worse if not for the 11.3% growth in the enterprise fixed business.
It is priced $5.10 higher compared to previous packages. StarHub launched postpaid mobile packages as a response to the incoming entry of TPG as the fourth mobile operator in Singapore. According to UOB Kay Hian, the telco has included unlimited weekend data plans, which are priced $5.10 higher compared to previous packages.
The worst is yet to come for StarHub as a new competitor and increased content piracy could put its wireless and pay TV business under siege. According to Maybank Kim Eng, its bundled services continues to retain subscribers, but revenue leakage remains a risk. At this point, StarHub's committed distribution per share (DPS) of 16 cents can only be supported through additional debt.
Is it ready to up its game in its ICT services? StarHub's recent launch of unlimited data plans could be the result of tougher competition in the mobile segment market. According to OCBC Investment Research, this is likely due to the impending 4th telco entry as well as MyRepublic’s intention to launch mobile services with generous data offerings such as mobile virtual network operator (MVNO) as early as next month.
M1 and Starhub are trying to keep up with changing digital usage after the two telcos launched new mobile data plans with unlimited data access. According to KGI, M1's unlimited 4G mobile plan, mySIM3 98 plan, costs $98 for unlimited data access for 12 months. The plan is one of the four new data-centric SIM-only plans that M1 launched, which starts from S$20 for a 5GB plan with a 12-month contract.
StarHub Ltd (SGX: CC3) reported its 2017 second quarter results earlier this month. For the reporting quarter, StarHub generated $542.6 million in service revenue, a figure that was 2% lower compared to a year ago. StarHub derives its service revenue from four business segments: mobile services, pay TV services, enterprise fixed services, and broadband services.
StarHub Ltd (SGX: CC3) reported its second-quarter results earlier this month. For the reporting quarter, StarHub announced that it brought in $542.6 million in service revenue, a figure that was 2% lower compared to a year ago. StarHub derives its service revenue from four business segments: mobile, pay TV, enterprise fixed and broadband.