StarHub    Last:1.01   -

Starhub

For this to survive, it needs to be of a certain size.

Lets hope someone will take up the challenge to turn this round.

All eyes on this fellow

 

Whether it's a merger between M1 and Starhub or Keppel buying Starhub or any other forms of consolidation, we know something will take place. Since in May this year, there's a leak by TMT Finance that Starhub is working with a few banks on a likely merger, then I tend to lean more to that happening. But again when will this happen, it could be soon but it could also drag for a year or 2, who knows. If one has fear of missing out, then buy at current price (which is still attractive) to keep and wait.

 

Starhub have been consolidating for 4 months. 
It should be trading $1.3 - $1.4 soon with dividend yield at 5%
 
 

 

consolidate, privatise $3 settled

 

Time to consolidate sg telcos. 

if starhub is sold, it will be good news for everyone and it is good for other telcos company too.

Wait patiently...

Alignment      ( Date: 06-Oct-2024 10:17) Posted: On reflection I' ve changed my mind. The key is to ask what Temasek wants. In particular, does it a) see telecoms as a key business for Keppel, and b) want to be a controlling shareholder in a competitor to Singtel? I think the answer to a) is yes and the answer to b) is no. Therefore I now think Keppel buying Starhub is the most likely outcome, followed by Starhub merging with M1. Singtel buying Singtel remains a remote possibility. Alignment      ( Date: 05-Oct-2024 13:27) Posted: 3) most likely by far, followed by 1). I don' t think 2) is a possibility from a regulatory perspective

 

I think that (A) Keppel buyout starhub has the highest probability too. 

However if  Starhub can be broken up into parts for sale,   
Mobile & Broadband to Keppel
Cable TV  to Singtel
Keep enterprise business

This might easily value Starhub from $1.50-2.0. 

Alignment      ( Date: 06-Oct-2024 10:17) Posted: On reflection I' ve changed my mind. The key is to ask what Temasek wants. In particular, does it a) see telecoms as a key business for Keppel, and b) want to be a controlling shareholder in a competitor to Singtel? I think the answer to a) is yes and the answer to b) is no. Therefore I now think Keppel buying Starhub is the most likely outcome, followed by Starhub merging with M1. Singtel buying Singtel remains a remote possibility. Alignment      ( Date: 05-Oct-2024 13:27) Posted: 3) most likely by far, followed by 1). I don' t think 2) is a possibility from a regulatory perspective

 

Thank you Alignment. Maybe a foreign telco with good track record shld take over starhub and turn round this company.

Alignment      ( Date: 06-Oct-2024 18:06) Posted: The regulator has to approve any takeover, so if they wanted to block foreigners from doing so they could. But I am not aware of any explicit ban on foreigners.  MrBear12      ( Date: 06-Oct-2024 15:34) Posted: Can foreigners take over starhub

 

The regulator has to approve any takeover, so if they wanted to block foreigners from doing so they could. But I am not aware of any explicit ban on foreigners. 

MrBear12      ( Date: 06-Oct-2024 15:34) Posted: Can foreigners take over starhub Alignment      ( Date: 06-Oct-2024 10:17) Posted: On reflection I' ve changed my mind. The key is to ask what Temasek wants. In particular, does it a) see telecoms as a key business for Keppel, and b) want to be a controlling shareholder in a competitor to Singtel? I think the answer to a) is yes and the answer to b) is no. Therefore I now think Keppel buying Starhub is the most likely outcome, followed by Starhub merging with M1. Singtel buying Singtel remains a remote possibility

 

Can foreigners take over starhub

Alignment      ( Date: 06-Oct-2024 10:17) Posted: On reflection I' ve changed my mind. The key is to ask what Temasek wants. In particular, does it a) see telecoms as a key business for Keppel, and b) want to be a controlling shareholder in a competitor to Singtel? I think the answer to a) is yes and the answer to b) is no. Therefore I now think Keppel buying Starhub is the most likely outcome, followed by Starhub merging with M1. Singtel buying Singtel remains a remote possibility. Alignment      ( Date: 05-Oct-2024 13:27) Posted: 3) most likely by far, followed by 1). I don' t think 2) is a possibility from a regulatory perspective

 

On reflection I' ve changed my mind. The key is to ask what Temasek wants. In particular, does it a) see telecoms as a key business for Keppel, and b) want to be a controlling shareholder in a competitor to Singtel? I think the answer to a) is yes and the answer to b) is no.

Therefore I now think Keppel buying Starhub is the most likely outcome, followed by Starhub merging with M1. Singtel buying Singtel remains a remote possibility.

Alignment      ( Date: 05-Oct-2024 13:27) Posted: 3) most likely by far, followed by 1). I don' t think 2) is a possibility from a regulatory perspective. Speediman      ( Date: 01-Oct-2024 11:50) Posted: If Telco consolidate,  which scenario is most likely? 1) Keppel takeover Starhub  2) Singtel takeover Starhub 3) Starhub merge with M1 to form new company

 

Dont forget that there is also Simba which is also an acquisition target for some of the incumbents

Alignment      ( Date: 05-Oct-2024 13:27) Posted: 3) most likely by far, followed by 1). I don' t think 2) is a possibility from a regulatory perspective. Speediman      ( Date: 01-Oct-2024 11:50) Posted: If Telco consolidate,  which scenario is most likely? 1) Keppel takeover Starhub  2) Singtel takeover Starhub 3) Starhub merge with M1 to form new company

 

3) most likely by far, followed by 1).

I don' t think 2) is a possibility from a regulatory perspective.

Speediman      ( Date: 01-Oct-2024 11:50) Posted: If Telco consolidate,  which scenario is most likely? 1) Keppel takeover Starhub  2) Singtel takeover Starhub 3) Starhub merge with M1 to form new company

 

If Telco consolidate, 
which scenario is most likely?

1) Keppel takeover Starhub 
2) Singtel takeover Starhub
3) Starhub merge with M1 to form new company
 

 

Don't think they need another restructuring after going through 3 years of Dare+ transformation. Their enterprise business are interconnected, difficult to break up. Only left with telco consolidation to look forward to.

Speediman      ( Date: 01-Oct-2024 09:15) Posted: How can Starhub be restructured/breakup to achieve higher value?

 

How can Starhub be restructured/breakup to achieve higher value?
 

 

Highlights from Maybank Securities Investors Night:

▶ 5.7% dividend yield
▶ 14.8x Price-to-Equity ratio (SG peers? average 51.7x)
▶ 22.2% one-year total shareholder return (SG peers? average 29%)
▶ 25.8% return on equity (SG peers average: 3.56%)
▶ SGD50 mil ongoing share buyback (haven't seen it in this FY yet though)

https://www.linkedin.com/posts/maybank-investment-banking-group_maybank-securities-singapore-investors-night-activity-7245225843059236864-UQen?utm_source=share&utm_medium=member_android

 

This is a super laggard stock now.. 

Starhub... wake up and Run! You should be $1.4-1.5 

 

At the rate both are moving, Starhub price will be 1/3 of Singtel soon.

vivacious      ( Date: 18-Sep-2024 08:36) Posted: shld be priced at least half of Singtel' s price

 

The Edge editor that covered this story just won an award for this article, we will know soon or later if she is right
https://www.theedgesingapore.com/news/telecommunications/singapore-telco-market-heading-consolidation

freestyle123      ( Date: 17-Sep-2024 13:47) Posted: what is next news? merge with M1? MOU? IPO of Ensign? Shining star!!!!! freestyle123      ( Date: 17-Sep-2024 10:56) Posted: inch up inch up, tomorrow open big gap up. wait and see

 

1.3 soon