APAC IPOs & Placements

Zhen Zhou, Toh

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

Equity Bottom-Up

<p>There have been a handful of insights written by <a href="https://www.smartkarma.com/profiles/286" target="_blank" data-smartkarma-citation="accounts:286">New Street Research</a> , <a href="https://www.smartkarma.com/profiles/2" target="_blank" data-smartkarma-citation="accounts:2">Raghav Kapoor</a> and <a href="https://www.smartkarma.com/profiles/273" target="_blank" data-smartkarma-citation="accounts:273">Morningstar</a> on Singapore (SG) telcos since the announcement of the 4th telco by IDA. Earlier this year, since the announcement, SG telcos seem to be pricing in the effects. However, post Brexit, SG telcos have been rallying as investors seeked yield on back of sustained low interest rates and market has seemingly shrugged off the fact that there may be an impending entrance of a 4th telco.</p><p>In this insight, we will explore/reiterate:</p><ul><li>The reasons 4th telco will enter.</li><li>Valuations at current price levels.</li><li>What it all means.</li></ul>

There have been a handful of insights written by New Street Research , Raghav Kapoor and Morningstar on Singapore (SG) telcos since the announcement of the 4th telco by IDA. Earlier this year, since the announcement, SG telcos seem to be pricing in the effects. However, post Brexit, SG telcos have been rallying as investors seeked yield on back of sustained low interest rates and market has seemingly shrugged off the fact that there may be an impending entrance of a 4th telco.In this insight, we will explore/reiterate:The reasons 4th telco will enter.Valuations at current price levels.What it all means.

Singapore Telcos - Has the Market Forgotten?

StarHub Ltd

Singapore Telcos - Has the Market Forgotten?