Singapore Telecommunications (Singtel)

Broker's Calls

Analysts maintain 'buy' on Singtel following positive FY2023 results

‘Buy’ calls around for Singtel following its upbeat FY2023 numbers, as its strategic reset shows results.
Singtel reports 14% higher earnings for FY2023; to focus on data centre growth - THE EDGE SINGAPORE

Corporate moves

Singtel reports 14% higher earnings for FY2023; to focus on data centre growth

Singtel reported a positive set of FY2023 results. Moving forward, it has a few big plans to grow the company.
GXS offers flexible loans to the 'thinly-served' while nearing MAS deposit cap - THE EDGE SINGAPORE

Company in the news

GXS offers flexible loans to the 'thinly-served' while nearing MAS deposit cap

By allowing early loan repayments without additional fees, GXS could be reducing its potential interest income.
Seven stocks to bet against and seven to slice, ahead of technical recession: DBS - THE EDGE SINGAPORE

Broker's Calls

Seven stocks to bet against and seven to slice, ahead of technical recession: DBS

DBS analysts Yeo and Foo see a downside risk to the STI at 3,180 points.
'Buy' Singtel as Asean's data centre sector enters 'hyper-growth': RHB - THE EDGE SINGAPORE

Broker's Calls

'Buy' Singtel as Asean's data centre sector enters 'hyper-growth': RHB

Also of potential interest are two pure-play data centre S-REITs: Keppel DC REIT and Digital Core REIT.
Are Singaporean workers ready for the green economy? - THE EDGE SINGAPORE

Sustainability

Are Singaporean workers ready for the green economy?

Carbon trader and alternative protein scientist are among 27 skills in demand here; are Singaporeans interested in these roles?
Singtel subsidiary Optus prices A$100 mil sustainability-linked bond due 2028 - THE EDGE SINGAPORE

Bonds and treasuries

Singtel subsidiary Optus prices A$100 mil sustainability-linked bond due 2028

The Australian dollars-denominated SLB will carry a coupon of 4.577% per annum.

Broker's Calls

Singtel 'on stronger footing' as it focuses on improving ROICs, says UOB Kay Hian

UOB Kay Hian analysts have maintained their 'buy' call for Singtel with no change to their TP of $3.15.

Sustainability

DBS, OCBC, Singtel and UOB named Singapore's most valuable brands in the Sustainability Perceptions Index 2023

All four also scored the highest in the governance pillar among the ESG pillars.

Corporate moves

Singtel renews interest with higher dividends; StarHub's transformation weighs on earnings

While Singtel is seeing fruits bear from its asset recycling initiatives, StarHub is still spending on its transformation.
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