StarHub plans to maintain an aggressive posture so as to defend its position through a multi-brand strategy encompassing StarHub, Giga, and 8, says Saifee.
Citing several medium-term catalysts, and also a decent yield and "strong" balance sheet which provides "downside protection", Hussaini Saifee of Maybank Securities has kept his "buy" call and $1.35 target price on StarHub.
StarHub is competing in a local mobile industry that is poised to see changes in dynamics with the proposed acquisition of M1's mobile business by Simba.
