Singapore Stock Market News

M1 - Riding on price-hike cycle

StockFanatic
Publish date: Mon, 30 Sep 2013, 12:38 PM
StockFanatic
0 10,453
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.
• SingTel's doubling of its excess usage charges to S$10.70 per GB is a big positive for the sector; we expect M1 & StarHub to follow suit.

M1 raised its monthly subscription price across the board by S$3 in Sep 2012 and higher excess usage charges will be the icing on the cake.

• FY14F/15F EPS raised 7%/15%, while our TP is lifted to S$3.60, implying potential returns of 14% including ~5% yield. Upgrade to BUY.
Read more »
Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment