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621-640 of 5653
i think soon
freestyle123 ( Date: 08-Jul-2024 15:40) Posted:
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so quiet. shoot up anytime?
buy before it shoots to 1.50 and over
noslen ( Date: 28-Jun-2024 15:46) Posted:
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Opportunity to collect more 😄 😄
hcahpepeyy ( Date: 27-Jun-2024 16:42) Posted:
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Starhub never shout AI (artificial intelligence).
Alignment ( Date: 27-Jun-2024 18:28) Posted:
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Perhaps investors switching from Starhub into Singtel, or similarly investors going long Singtel short Starhub in a pairs trade.
hcahpepeyy ( Date: 27-Jun-2024 16:42) Posted:
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why is starhub shares dropping :(
https://cfotech.asia/story/starhub-ranks-184th-in-fortune-southeast-asia-500-for-2023
nice close at 124
something will happen this year i hope
noslen ( Date: 20-Jun-2024 08:59) Posted:
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I am wondering why Starhub has not started on share buyback yet. Is the share price too high now? Or they are planning to use the capital elsewhere? It has been so quiet lately after months of speculations.
losing mojo?
Telco M1 struggles to find a fit in Keppel&rsquo s transformation plans
WHEN rumours of a possible merger between StarHub and M1 emerged yet again in May, it caused a bit of a stir among market observers.
To be sure, it was not the first time that such rumours had surfaced. The two telcos had been linked to a possible merger in as far back as 2020.
But, even as the market mulls over the on-again, off-again merger talk, Keppel might do well to shed M1 from its portfolio after all.
It will not be an easy decision to make: telco revenues in Singapore easily cross into billions of dollars every financial year. Net profit margins, however, are not quite as attractive.
For its FY2023 ended December, StarHub&rsquo s net profit margin &ndash or how much of each dollar of revenue a company rakes in as profit &ndash stood at about 6.3 per cent.
Keppel subsidiary M1, which like StarHub has its telco operations focused mostly in Singapore, saw similar margins.
For FY2022 &ndash the last time that Keppel reported the telco&rsquo s net profit figures &ndash M1&rsquo s net profit margin too worked out to around 6.3 per cent.
Keppel did not report M1&rsquo s net profit in FY2023.
Singtel showed a higher net profit margin of about 15 per cent for its FY2023 ended March.
Singapore-focused telcos have seen margin compression over the years, with corresponding cuts in dividend. Market conditions are unlikely to improve for telcos here as mobile virtual network operators carve up the market of the four main telcos.
Telcos incur heavy capital expenditure in maintaining and upgrading their infrastructure. In Singapore there is no option to sell and lease back cell towers to reduce asset costs for telcos, as network infrastructure runs underground, and telcos lease space from property owners to provide coverage.
The telco market is also unlikely to see a big shake-up, with Singtel&rsquo s dominant market share unruffled by the opening up of the telco market.
StarHub and M1 have consistently lagged behind Singtel in market share, despite the price war during their initial entry.
Even with the arrival of the fourth telco, Simba, the market share of the three big telcos in Singapore did not see any real change.
Another potential catalyst for the telco market was the auction of the 5G licences in 2020, which saw M1 team up with StarHub to secure a chunk of the spectrum.
Having to share with StarHub, however, meant that there was a limit to the value that M1 could squeeze out of the 5G spectrum.
M1&rsquo s FY2023 revenue currently lags behind that of its closest competitor StarHub. M1 reported revenue of S$1.3 billion for FY2023, while StarHub logged revenue of S$2.4 billion in the same period.
While M1&rsquo s focus has switched to enterprise rather than the consumer business, there is still a limit to how much revenue can be generated solely from Singapore.
M1&rsquo s enterprise business brought in S$492 million in revenue for FY2023, lagging behind StarHub&rsquo s S$905.9 million in revenue from that sector.
Barring another potential catalyst to shake up the telco market here, it is likely that things will remain status quo.
This makes any gap between M1 and the other telcos expensive to close, as additional capital is needed for customer acquisition or subsidies in a price war.
Keppel&rsquo s latest FY2023 results show that profit margin for the connectivity business segment &ndash which M1 falls under &ndash is one of the lowest among the group&rsquo s various segments at about 10 per cent. Its infrastructure segment has the next lowest profit margin at about 14 per cent.
M1&rsquo s S$1.3 billion revenue in FY2023 accounted for the majority of Keppel&rsquo s total connectivity segment revenue of S$1.4 billion.
There was no breakdown of net profit figures for the individual business units in the segment.
But if M1&rsquo s net profit margin had stayed at the FY2022 level of 6.3 per cent for FY2023, it would have accounted for about S$77.2 million of the segment&rsquo s S$90 million earnings.
This means that the combined net profit margin for the other units under the connectivity segment &ndash Keppel&rsquo s data centre and subsea cable businesses &ndash which raked in just slightly over S$100 million in revenue over the period, would have been at about 11.5 per cent.
These back-of-the-envelope calculations are mostly guesswork and unlikely to be fully accurate, given the inadequate data.
But it is also more than plausible that M1&rsquo s net profit margin is comparable with StarHub&rsquo s 6.3 per cent for FY2023, given the similarities in their business models.
If so, it might serve Keppel better to shed M1 from its portfolio, and focus efforts into the data centre and subsea cable businesses that have higher margins.
Paring the telco would be a true test of Keppel&rsquo s mettle as an asset manager &ndash one that recognises when to cut assets and recycle capital towards more profitable ventures.
will boost price further
freestyle123 ( Date: 31-May-2024 12:03) Posted:
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Back to SGX list soon.
It's around the corner...
vivacious ( Date: 25-May-2024 10:38) Posted:
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Starts its slow ascent
Starhub is in the list of top 30 actively traded stocks that booked highest net institutional inflow since 16th April 2024 (they are in 20th place).
https://klse.i3investor.com/web/blog/detail/sgmarketupdates/2024-05-28-story-h-160689455-STI_Gains_7_Over_Six_Weeks_on_Net_Institutional_Inflow
https://klse.i3investor.com/web/blog/detail/sgmarketupdates/2024-05-28-story-h-160689455-STI_Gains_7_Over_Six_Weeks_on_Net_Institutional_Inflow
wont be surprised
freestyle123 ( Date: 26-May-2024 16:01) Posted:
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No doubt to see 2 dollars in 52 weeks time.