NetLink NBN Trust

SINGAPORE (May 15): OCBC Investment Research, DBS Vickers Securities and Maybank Kim Eng are maintaining their “buy” calls on NetLink NBN Trust (NLT) with the respective price targets of 95 cents, 90 cents and 83 cents.

SINGAPORE (May 13): NetLink NBN Trust has declared a 4Q19 DPU of 2.44 cents for the period from Oct 1, 2018 to Mar 31.

SINGAPORE (Mar 20): OCBC Investment Research is maintaining its “buy” call on Netlink NBN Trust (NLT NBN) with an unchanged fair value estimate of 90 cents.

SINGAPORE (Mar 15): OCBC Investment Research is maintaining “neutral” on Singapore’s telco sector in the wake of the 4QCY18 reporting season, which saw StarHub and M1 results come in within expectations, while that of Singtel’s was slightly under.

SINGAPORE (Feb 13): The trustee-manager of NetLink NBN Trust has announced earnings of $19.6 million for the 3Q19 ended December, outperforming its IPO projection by 17.6%.

SINGAPORE (Feb 8): UOB Kay Hian is maintaining its “buy” call on NetLink NBN Trust considering its dominant market share of 90% and 34% for residential and non-residential fibre connections, respectively, where growth is projected at a three-year CAGR

SINGAPORE (Feb 7): Maybank Kim Eng is keeping “neutral” on Singapore’s telco sector on the belief that incumbent telcos have an edge in terms of subscriber in retention amid a “proliferation of new MVNOs (mobile virtual network operators)” as we

SINGAPORE (Feb 1): The Edge Singapore has assembled the annual portfolio of 10 stocks, done in conjunction with the Lunar New Year.

SINGAPORE (Jan 2): UOB Kay Hian has downgraded its view on Singapore’s telco sector to “market weight” from “overweight” in anticipation of intense competition from TPG Telecom.

SINGAPORE (Dec 17): Maybank Kim Eng is maintaining its “buy” call on NetLink NBN Trust with an unchanged price target of 93 cents, post a reverse roadshow that left the brokerage’s positive view on the stock intact.