StarHub upgraded by UOB KayHian on valuations
UOB KayHian upgraded c to Hold, saying the stock is trading well below its five-year average enterprise value to EBITDA ratio.
CC3.SG
StarHub upgraded to Add by CGS-CIMB
CGS-CIMB upgraded StarHub to Add from Hold, saying management is executing well on its efforts to cut operating and capital expenditures.
StarHub reports 3Q19 net profit increased 2 percent despite revenue falling
StarHub reported Tuesday it 3Q19 net profit rose 2% on-year to S$58M despite lower revenue from mobile, pay TV and broadband, as operating expenses fell.
UPDATE: Singapore stocks to watch Tuesday: Keppel REIT, ComfortDelGro, BreadTalk, Hyflux, First REIT, GENS
These are Singapore companies which may be in focus on Tuesday, 1 October 2019: BreadTalk, Genting Singapore, Hyflux, First REIT, Sunpower and Spackman.
UPDATE: StarHub to provide around 15 US TV series on same-day basis
StarHub said Tuesday it would be airing the new seasons of around 15 U.S. television series on the same day they air in the U.S.
StarHub inks deal with China telcos to boost data connectivity
StarHub said Monday it signed a deal with China Mobile, China Unicom and China Telecom to boost data connectivity between Singapore and Chongqing.
Maybank KE sticks with contrarian Buy call on StarHub
Maybank KE said it was sticking with a contrarian Buy call on StarHub, saying the shares could re-rate on signs Singapore’s telco market has stabilized.
Daiwa: StarHub is not out of the woods, but mobile offers some positives
StarHub’s lower-than-expected 2Q19 results show the telco isn’t out of the woods, but there were still positive signs, Daiwa said in a note last week.
Temasek to acquire D’Crypt from StarHub and founders for as much as S$134 million
Temasek entered an agreement to acquire D’Crypt from StarHub and D’Crypt’s founding shareholders, the telco said in a filing to SGX Thursday.
StarHub’s 2Q19 net profit dropped 36 percent as mobile revenue fell
StarHub reported Tuesday its 2Q19 net profit dropped 36.1 percent on-year to S$39.5 million amid lower contributions from mobile, pay TV and broadband.
Daiwa: StarHub shows ‘green shoots,’ but winter isn’t over
StarHub’s first quarter results showed some encouraging “green shoots,” but the telco still faces “critical challenges,” Daiwa said in a note Friday.
StarHub reports 1Q19 net profit fell 14 percent on lower mobile and pay TV revenue
StarHub reported Friday 1Q19 net profit attributable to shareholders fell 14.2% on-year on lower mobile and pay TV revenue. The telco cut its dividend.