NetLink NBN Trust (NetLink Trust)

Netlink NBN Trust reports 12.4% growth in 1Q21 profit after tax to $23.5 mil in business update

Results

Netlink NBN Trust reports 12.4% growth in 1Q21 profit after tax to $23.5 mil in business update

Looking ahead, Netlink NBN Trust says the reduced availability of contractors’ resources has affected its capacity to fulfil service requests, although the delay is not expected to have any negative effects in the long-term.
Netlink NBN declares DPU of 2.53 cents for 2HFY20

Results

Netlink NBN declares DPU of 2.53 cents for 2HFY20

Netlink NBN Trust has declared a distribution per unit (DPU) of 2.53 cents for the six months ended March 30, which brings full year distribution to 5.05 cents, up 3.5% from the previous year.

Investing ideas

Analysts stay positive on incumbent telcos even as TPG rolls out commercial launch

While TPG has signalled its intention to target three key groups on the back of its $10 a month SIM-only plans, DBS analyst Sachin Mittal opines that the telco is likely to see limited success.

Markets

Mapletree Logistics Trust added to STI; Golden Agri-Resources dropped

SINGAPORE (Dec 5): Mapletree Logistics Trust (MLT) will be added as a constituent of the benchmark Straits Times Index (STI) – replacing Golden Agri-Resources (GAR) – in the only change following a December quarterly review, FTSE Russell announced on

Broker's Calls

Brokers Digest 907

NetLink NBN Trust Price targets: $1.01 BUY (UOB Kay Hian) $1.06 BUY (Maybank Kim Eng Research) $0.99 ACCUMULATE (Phillip Securities) $1.04 BUY (DBS Group Research) $1.03 BUY (OCBC Investment Research) All five research reports sig

Investing ideas

NetLink Trust kept at 'buy' by 5 houses on earnings visibility and 5G potential

SINGAPORE (Nov 6): All five research reports sighted by The Edge Singapore this week have maintained their “buy” calls on NetLink NBN Trust (NetLink Trust) after its 2Q20 results announcement on Nov 1.

Investing ideas

Clarity on Netlink Trust’s stance in 5G rollout a potential catalyst

SINGAPORE (Aug 8): Netlink Trust (NLT) reported 1Q20 earnings of $20.9 million, up 10% from a year ago led by higher revenue and EBITDA margin.

Results

NetLink Trust reports 10% rise in 1Q earnings to $20.9 mil

SINGAPORE (Aug 5): NetLink NBN Trust reported 1Q20 earnings ended June of $20.9 million, 10% higher compared to the 1Q19 earnings of $19 million a year ago.

Global Markets

Trade war tensions continue to rise, earnings season brings mixed results

SINGAPORE (May 20): Tensions between Washington and Beijing continue to rise as US President Donald Trump shows no inclination to de-escalate the country’s trade war with China. Trump believes his clash with Chinese President Xi Jinping is boosting his

Sector Focus

As US-China tussle over 5G intensifies, dividends of local telcos come under pressure

SINGAPORE (Feb 18): Huawei Technologies Co and the 5G, or fifth-generation, mobile network has been grabbing headlines. US secretary of state Mike Pompeo is reported to have warned European countries that using technology from Huawei could harm their rela
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