NetLink Trust IPO Early Thoughts - A Monopoly with Stable Cash Flow
Last week, Singtel reported that it has engaged three banks for the IPO of Netlink Trust. While the prospectus has not been filed yet, we offer...
749 Views
StarHub's Changing Constellation
At the beginning of February StarHub Ltd released a really terrible set of results for its FY2016 and cut its dividend by 20% for FY2017 to 16c per...
188 Views
SingTel Sees Pressure in Both Australia and Singapore; FVE Decreased to SGD 3.50 on Associate Moves
SingTel’s third-quarter fiscal 2017 (quarter-ended September 2016) result was in line with our expectations with revenue declining by 1.5%, EBITDA...
211 Views
The Week that Was in ASEAN@Smartkarma - Politics, Pain and Soap Operas
This week we feature an interview with Manu Bhaskaran and his team at Centennial Asia, including Jason Tan and Asees Bajaj to canvass their views...
276 Views
Singapore Telcos - StarHub's Dividend Cut Increases Likelihood of Aggressive Spectrum Bid
StarHub's FY2016 results were abysmal. But, the biggest disappointment was the 20% dividend cut to 16c per share for FY2017. We warned about the...
572 Views