Singapore Stock Market News
StarHub - Upgrade thesis punctured by IDA
StockFanatic
Publish date: Thu, 24 Apr 2014, 01:09 PM
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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.
■ In a surprise move, the regulator has blocked StarHub from charging extra for 4G services to customers whose contracts have not expired
■ Trimmed FY14F/15F earnings by 1.2%/3.5%; renewed regulatory activism is bad news for Singapore telcos
■ Downgrade to HOLD with lower DCF-based TP of S$4.30 (WACC 6.5%, terminal 0%); stock offer 8% potential return including 4.8% yield
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