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.
UOB KayHian upgraded c to Hold, saying the stock is trading well below its five-year average enterprise value to EBITDA ratio.
CGS-CIMB upgraded StarHub to Add from Hold, saying management is executing well on its efforts to cut operating and capital expenditures.
These are Singapore companies which may be in focus on Wednesday, 6 November 2019: Singapore Airlines, StarHub, Perennial, AIMS APAC REIT and HPHT.
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.
These are Singapore companies which may be in focus on Tuesday, 1 October 2019: BreadTalk, Genting Singapore, Hyflux, First REIT, Sunpower and Spackman.
These are Singapore companies and other news which may be in focus on Wednesday, 18 September 2019: ST Engineering, MLT, ComfortDelGro and StarHub.
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.
These are Singapore companies which may be in focus on Tuesday, 27 August 2019: ST Engineering, Ascott Residence Trust, KIT and Sunpower.
StarHub said Monday it signed a deal with China Mobile, China Unicom and China Telecom to boost data connectivity between Singapore and Chongqing.
These are Singapore companies which may be in focus on Tuesday, 13 August 2019: Yangzijiang, StarHub, Venture, Noble and No Signboard.
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.
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 entered an agreement to acquire D’Crypt from StarHub and D’Crypt’s founding shareholders, the telco said in a filing to SGX Thursday.
These are Singapore companies which may be in focus on Wednesday, 7 August 2019: CapitaLand, Perennial, SGX, StarHub, EC World REIT, No Signboard and JUMBO.
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.
StarHub’s first quarter results showed some encouraging “green shoots,” but the telco still faces “critical challenges,” Daiwa said in a note Friday.
These are Singapore companies which may be in focus on Monday, 6 May 2019: StarHub, Hyflux, First Resources and Uni-Asia Group.
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.
These are Singapore companies which announced share buybacks on Tuesday, 27 February 2019: OCBC, StarHub and Stamford Land.
These are Singapore companies which announced share buybacks on Monday, 25 February 2019: Keppel REIT, StarHub and SingPost.
These are Singapore companies which announced share buybacks on Friday, 22 February 2019: ST Engineering, Stamford Land and StarHub.
This article was originally published on Thursday, 14 February 2019, at 23:09 SGT; it has since been updated to add Cromwell European REIT. These are…
Telco StarHub reported Thursday 4Q18 net profit dropped 61.8% on-year amid lower mobile and pay TV revenue. The results beat a forecast from Daiwa.
The planned entry of a fourth telco player into Singapore’s market has weighed on the sector’s valuations, but DBS said it may not disrupt the…
These are Singapore stocks which may be in focus on Monday 12 November 2018: SGX Singapore Exchange and the Monetary Authority of Singapore said on…
Singapore telco StarHub reported on Friday that its third-quarter net profit fell 12.8 percent on-year to S$57.0 million as higher revenue from its Enterprise Fixed…
These are the Singapore stocks which may be in focus on Friday 5 October 2018: Chip Eng Seng Chip Eng Seng requested a trading halt…
DBS upgraded StarHub to Buy from Hold after the telco released a plan for “massive” cost cuts to stabilize earnings. StarHub plans job cuts and…
Shares of StarHub climbed 3.21 percent to S$1.93 by 10:40 A.M. SGT on Thursday as the market reacted positively to the Singapore telco’s announcement on…
These are the Singapore stocks which may be in focus on Thursday 4 October 2018: StarHub StarHub plans to cut at least 300 full-time employees…
StarHub plans to cut at least 300 full-time employees as part of a “strategic transformation” which aims to eliminate S$210 million in costs over a…
StarHub’s execution has improved since its new CEO Peter Kaliaropoulos has taken over and the telco is set to benefit from changing market dynamics, UOB KayHian…
StarHub shares surged on Thursday, trading up 6.78 percent at S$1.89 by 1:34 P.M. SGT, after Keppel Corp. and SPH said they were tying up…
UOB KayHian upgraded Singapore’s telecommunications sector to Overweight from Market Weight, pointing to delays in the launch of the city-state’s fourth telco player. “Our channel…
These are the Singapore stocks which may be in focus on Friday 7 September 2018: StarHub and Dairy Farm International StarHub will be removed from…
StarHub will be removed from Singapore’s Straits Times Index, while Dairy Farm International will be added to the index, FTSE Russell said on Thursday in…
These are the Singapore stocks which may be in focus on Thursday 6 September 2018: StarHub StarHub said on Wednesday that it entered an agreement…
StarHub said on Wednesday that it entered an agreement with Leone Investments, an indirect wholly owned subsidiary of Singapore state investment company Temasek Holdings, to…
It’s difficult to gauge how the potential merger between TPG and Vodafone Hutchison Australia, or VHA, would impact the incumbent Singapore telcos without knowing the…
Singapore telco operator StarHub’s focus on changing its cost models is a positive amid challenging “market realities,” Daiwa said after a meeting with newly appointed…