Singapore Stock Market News
Telco - Cashing in on data
StockFanatic
Publish date: Fri, 19 Jul 2013, 11:17 AM
StockFanatic
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Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
We upgrade the APAC telco sector to Neutral from Underweight
following its recent sell-off. We raise Indonesia and Singapore telcos to
Overweight from Neutral as risks have eased and mobile data is an
emerging growth driver. We continue to like fixed broadband plays.
 |
| Top buys and sells |
We think dividend-yielding stocks
will face headwinds as bond yields
should rise. We remain Neutral on
China, Korea and Malaysia and
Underweight on Australian and
Indian telcos. Our top picks are M1,
SK Telecom, Telkom Indonesia,
Tower Bersama, Thaicom and
Jasmine.
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