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StarHub
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Starhub
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smltimer
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04-May-2019 10:08
Yells: "So what does the crystal ball say ......." |
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Divi at 0.0225 .....  | ||||
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runaway
Senior |
04-May-2019 08:27
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A lot of naysayers. Despite its rough times, It is still a $2B compamy in revenue, and making $200m in profit Annually. How many on SGX list are in this league?  At $1.50, downside is limited. Meanwhile, just enjoy your  6% yield.   |
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Libin85
Member |
03-May-2019 22:13
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actually revenue up by 6%. But net profit drop mainly due to increase in operation cost for running the cyber security business. I havent got the time to read the financial but then 9.4% (S$6.7mil) increase in overall cost. It stated that the cost of running cybersecurity service increased by S$24.3mio. So if we removed this business segment, or exclude this cost, actually starhub has reduced the cost of running its traditional business by S$17.6mio (24.3 - 6.7). i think quite ok if we were to at look cost efficiency (exclude cyber security business) after cutting headcounts etc. My only concern is...so far i dont think any cyber security business (globally) actually have positive ROI. Mostly cash burning segment. I will be more interested to see how they can win business contract and the rate they gonna win business in this segment
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Qanghoo
Supreme |
03-May-2019 20:54
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Keep losing customers n rev/customer keeps dropping.  But my sense is efforts to reinvent the coy is likely to gradually turn things ard.  Thus, I' d think that taking a longer term view, Shub may be worth a bet.  DYODD though.
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Starship
Supreme |
03-May-2019 20:48
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Yet another ugly report of diminshing profits........................ ![]() ![]() ![]() StarHub Q1 net profit falls 14.2% on cybersecurity investment losses FRI, MAY 03, 2019 - 6:26 PM LOSSES in the fledgling cybersecurity business sent earnings tumbling at mainboard-listed telco StarHub in the first quarter, according to unaudited results released on Friday evening. Net profit was down by 14.2 per cent year-on-year to S$54 million for the three months to March 31, while revenue rose by 6 per cent to S$596.8 million on contributions from the enterprise business, which includes cybersecurity. But operating expenses swelled by  9.4 per cent to S$524.7 million, as the cost of running cybersecurity services nearly tripled from S$13.5 million to S$37.8 million. Although enterprise data and Internet revenue slipped, StarHub charted double-digit growth in managed services revenue, which it said " was largely contributed by higher demand for cloud, cryptographic and digital security solutions" . Cybersecurity, though making up a relatively small share of turnover, posted a 41.4 per cent increase to S$26.4 million, helped by revenues from the D' Crypt unit and joint venture Ensign InfoSecurity. But the segment also posted losses of S$11.4 million against a profit of S$5.1 million previously. Otherwise, overall operating profits - which were down by 13.9 per cent to S$72.1 million - would have grown on the higher revenue from the enterprise business and lower staff costs, StarHub disclosed. Ensign was formed in October 2018 as a tie-up between StarHub' s Accel Systems & Technologies and the cybersecurity assets of state investment firm Temasek Holdings, which owns StarHub' s controlling shareholder, Singapore Technologies Telemedia. Meanwhile, post-paid mobile average revenue per user (ARPU) continued to decline, coming in at S$39 a month, compared with S$43 the previous year, on lower voice and data revenue. The pay-TV subscriber base shrank again quarter-on-quarter to 394,000 customers, down from 449,000 in the year-ago period. The falling customer numbers pushed pay-TV service revenue down by 12.4 per cent to S$70.7 million for the three months. In the broadband segment, where StarHub has been working to switch customers to fibre services, revenue dipped by 0.3 per cent to S$47.1 million, while ARPU ticked down by S$2 year-on-year to S$31 on promotional offers and the migration of cable users. Earnings per share slipped to three Singapore cents from 3.5 Singapore cents before. Chief executive Peter Kaliaropoulos noted that service earnings before interest, tax, depreciation and amortisation (Ebitda) margins stood at 33.7 per cent, an improvement over 31.7 per cent the year prior. " However, as cybersecurity operations require considerable resources to deliver growth, the higher operational expenditure from Ensign, coupled with decline in revenues for mobile and pay-TV services and higher depreciation, resulted in net profit after tax (NPAT) at S$49 million, a 23 per cent decline year-on-year," said Mr Kaliaropoulos. He was referring to the profits attributable to both shareholders and non-controlling interests. " Excluding the impact of cybersecurity services, NPAT would be S$61 million," he added. StarHub said in its outlook statement that its enterprise business, which also includes network solutions and cybersecurity services, " continues its growth with renewals for data centre, cloud and telco solutions for connectivity across key industry sectors" . Managed services and information communications technology services such as the Internet of Things and analytics " continue to see an increased take-up by customers" , it said. " We will continue to invest in upgrading our cybersecurity solution capabilities to address the growing local and global demands for such services." StarHub added that service revenue is expected to range from a stable performance to a year-on-year decline of 2 per cent for the year. The board has recommended a dividend of 2.25 Singapore cents for the quarter, against four Singapore cents in the same period the year before. Mr Kaliaropoulos had previously announced at the latest full-year results that StarHub would switch from a fixed to a variable dividend policy because it needs to invest the cash. StarHub plans to pay out at least 2.25 Singapore cents each quarter, for nine Singapore cents in the full year, with any extra to come in the last quarter. https://www.businesstimes.com.sg/companies-markets/starhub-q1-net-profit-falls-142-on-cybersecurity-investment-losses   |
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Belteshazzar
Master |
03-May-2019 08:57
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Today strait times, just as expected
Lack of engagement at AGM The Starhub shop at Plaza Singapura. PHOTO: ST FILE PUBLISHED 3 HOURS AGO I attended StarHub's annual general meeting (AGM) on April 30 and was puzzled by how the meeting was conducted. With reference to the chairman's message in the annual report, I posed questions to board chairman Steven Clontz about the challenges raised in the letter to stakeholders. Some questions included a request to hear from the individual members on the board on what they bring to the table for StarHub, their thoughts and comments on the business and how they are tackling challenges and industry trends. The request was turned down. Mr Clontz did offer that the board members would be available after the meeting and that the questions could be taken offline. However, it would be different to engage board members in a formal public format, rather than speaking offline. Subsequent resolutions on the agenda were expeditiously moved and closed, leaving no chance for engagement from the floor. I came to the meeting expecting a certain level of interaction and engagement as part of AGM proceedings, but left bewildered. Tan Kar Quan |
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tonylim
Master |
02-May-2019 18:04
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Very stable. Should be heading towards 1.60 soon.
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Belteshazzar
Master |
02-May-2019 08:57
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If starhub does a 4 : 1 share consolidation, the share price become $6. Will u say starhub is more expensive than singtel
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SgYuan
Supreme |
30-Apr-2019 21:28
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ew w0 149 w1?157 w2?
w1 8 - may not end - wait for w2 formation |
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lucrez
Member |
30-Apr-2019 18:17
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Usually telco has sustainable business model I am a loyal customer starhub cable tv I am comparing the mobile price plan against singtel would only say that singtel is really aggressive in promotion to increase customer base. Starhub should try to tap into appealing to youth and seniors market since these are 2 sizeable market also with better priced customised plan. Next Starhub should try to venture overseas like Singtel with foreign partnership. Singtel share is still more expensive then Starhub by twice the price yes Starhub dividend maybe lower now compared to the past but it is still attractive at dividend yield of at least 5% currently for FY19 which is not too bad paying dividend based on what profit it would generate and afford.  | ||||
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Belteshazzar
Master |
22-Apr-2019 12:26
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Why so desperate to buy now? Should wait for the q1result | ||||
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Qanghoo
Supreme |
22-Apr-2019 12:09
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Wow, all the brainless people shoring up starhub arh?  So, what are the non-brainless people idling abt? | ||||
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Belteshazzar
Master |
21-Apr-2019 07:30
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U r assuming 200m is low pt , do u know last q profit is how much? If u were to take that and multiple by 4 , u dun even get above 100m...
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Belteshazzar
Master |
21-Apr-2019 07:27
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Pls do not anyhow pluck the no. 20c from where?
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Edward2
Senior |
20-Apr-2019 19:36
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U can issue rights for sh since u so keen .yr ezion more in need for right issue
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Stocky901
Supreme |
20-Apr-2019 18:13
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Those brainless still talking about to bet on dividends. die hard stuckists you know who..
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Qanghoo
Supreme |
20-Apr-2019 13:11
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I' ll accept the explanation.  But they are for different FYs.
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Stocky901
Supreme |
20-Apr-2019 12:42
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SadHub naV is only 20c, wonder what will be the right issues price if needs to do that? 40c or 50c for 10 rights for 1 share? Coming results may not be good. wait to see..
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Edward2
Senior |
20-Apr-2019 11:30
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Watch out yr ezion maybe end up like hyflux .
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Edward2
Senior |
20-Apr-2019 11:25
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Nav can misleading noble nav is $1but drop to 1cts.
Sh equity 588mil .divdiden 200mil .if 3yr no pay dividend can buy whole sh from shareholders and save dividend that why too many cash all give out in earlier year to reward investor.
Sh not Noble ezion alway issue rights to get cash n skin investor alive
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