NetLink NBN Trust

Broker's Calls

With IMDA price review complete, analysts cheer 'long-award closure' for 'very attractive' Netlink NBN Trust

CGS-CIMB forecasts DPU of 5.3 cents for FY2024 ending March 2024, which represents a 6.5% dividend yield.
Regular BDC winner Venture Corp triumphs again - THE EDGE SINGAPORE

Billion Dollar Club 2023

Regular BDC winner Venture Corp triumphs again

Venture, one of the leading Singapore-listed manufacturing names, wins the overall sector and returns to shareholders categories

Broker's Calls

Brokers' Digest: SingPost, Netlink NBN Trust, Frencken, Centurion, Singtel

See what the analysts have to say this week.
More praise for Netlink NBN Trust following 'stable' 1QFY2024, rising DPU - THE EDGE SINGAPORE

Broker's Calls

More praise for Netlink NBN Trust following 'stable' 1QFY2024, rising DPU

UOB Kay Hian Research analysts call Netlink a “high-yielding, safe haven stock” with 6.2% dividend yield.

Results

Netlink NBN Trust reports $28.2 mil profit after tax for the 1QFY2024, 2.1% increase y-o-y

The group’s revenue amounts to $1.04 bil, on the back of ancillary projects a mix of residential and non-residential orders.

Broker's Calls

Digital Connectivity Blueprint potential boon for Netlink NBN Trust

Netlink indicated that its existing passive network could already support 10Gbps.
Netlink NBN Trust, UOB and ComfortDelGro lead Asean Corporate Governance Scorecard - THE EDGE SINGAPORE

Environmental, Social and Governance

Netlink NBN Trust, UOB and ComfortDelGro lead Asean Corporate Governance Scorecard

More entities scored at least 75% out of the 130 points in the latest edition.
Local telcos to enjoy more growth in 2023; Simba likely to be acquired: DBS - THE EDGE SINGAPORE

Broker's Calls

Local telcos to enjoy more growth in 2023; Simba likely to be acquired: DBS

Analyst Sachin Mittal says recovery in roaming and prepaid revenue is expected to lead to an over 6% y-o-y rise in 2023.

Results

Netlink NBN Trust reports 2.3% higher DPU at 2.62 cents for 1HFY2023

The group also reported earnings of $54.6 million for 1HFY2023, up 36.1% from $40 million in 1HFY2022.
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