NetLink NBN Trust

(Dec 6): Singapore equity valuations are likely to benefit from the handover of the country’s reins to younger leaders.

SINGAPORE (Nov 29): Although the year is drawing to an end, TPG has yet to announce its commercial launch this year. This is despite TPG saying in September that it was on track to meet its outdoor-coverage milestones set by IMDA.

SINGAPORE (Nov 7): Analysts are remaining upbeat on NetLink NBN Trust, as Maybank KimEng and OCBC Investment Research are maintaining their “buy” calls on the trust with a target price of 93 cents and 90 cents, respectively.

SINGAPORE (Nov 2): NetLink NBN Trust, which listed on July 19, 2017, posted 1H19 DPU of 2.44 cents.

SINGAPORE (Oct 4): DBS Group Research is maintaining its “buy” call on NetLink NBN Trust with a target price of 87 cents.

SINGAPORE (Oct 1): UOB Kay Hian is maintaining its “overweight” rating on the telecommunications sector in Singapore despite the launch of the new range of Apple iPhones – the XS, XS Max and XR.

SINGAPORE (Aug 8): Singtel posted 1Q19 earnings of $831.5 million, down 6.6% y-o-y compared to $889.8 million in restated 1Q18 earnings due to weaker results from Airtel and Telkomsel, reduced stake in NetLink NBN Trust, higher withholding taxes and adver

SINGAPORE (Aug 3): NetLink NBN Trust reported earnings of $19 million for 1Q19, 26.9% higher than the projected $15 million as disclosed in the group’s IPO prospectus.

SINGAPORE (May 18): OCBC Investment Research remains positive over Netlink NBN Trust’s resilient business model and growth outlook over the longer term, with the development of new residential areas as well as increase in penetration rates.

SINGAPORE (Mar 14): OCBC is initiating Netlink NBN Trust (NLT NBN) at “buy” with a target price of 91 cents.