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In print this week
A closer look at Spindex’s buyout battle
SINGAPORE (Feb 24): There has been a spate of buying at Spindex Industries by an individual who emerged as a substantial shareholder in the company, immediately after Spindex’s management announced its buyout plan.
February 24, 2017
Broker's Calls
Skies remain overcast for M1
SINGAPORE (Jan 13): CIMB Securities continues to keep its “hold” call on M1 Limited, Singapore’s smallest telco, as it lowers the stock’s target price estimate to $1.90 from $2.10 previously.
January 13, 2017
Broker's Calls
Top hits and misses of 3Q16
SINGAPORE (Nov 17): There were no major surprises for UOB Kay Hian in 3Q16. According to the research house, 65% of the stocks under its coverage reported financial results came in line with their expectations.
November 17, 2016
Broker's Calls
Disappointing NeraTel gets a downgrade
SINGAPORE (Nov 10): UOB Kay Hian is downgrading Nera Telecommunications to “sell” with at target price of 58 cents after the group reported a loss in 3Q on falling margins and one-off forex losses.
November 10, 2016
In print this week
The going's getting tougher for more STI companies
SINGAPORE (Oct 21): The global economic weakness has already hit many of the large and diversified companies that make up the Straits Times Index.
October 21, 2016
Broker's Calls
Singapore telco sector loses shine with new entrant likely
SINGAPORE (Oct 4): Singapore’s telco sector is seing a shakeup with three contenders throwing their hat into the ring to be the republic’s fourth player.
October 04, 2016
Telecoms battle
Yuen Kuan Moon, CEO of Singtel’s local consumer business, is not too worried about the possible entry of a fourth telco. The way he sees it, the company’s biggest competitor is itself.
September 30, 2016
ANZ Bank extends contract with Singtel and Optus Business to 2020
SINGAPORE (Sept 15): Singtel and Optus Business announced that its 2013 five-year telecommunications and managed services contract with ANZ Bank has been extended to 2020.
September 15, 2016
Broker's Calls
China’s car sales boost is positive for Memtech
SINGAPORE (Sept 13): OCBC Investment Research is maintaining its “hold” call on Memtech International with an unchanged fair value estimate of 48 cents.
September 13, 2016
Broker's Calls
Singtel feels the heat
SINGAPORE (Sept 7): UOB Kay Hian is maintaining its “buy” call for Singtel with a lower target price of $4.53, despite news of the emergence of new competitors in Singapore and India.
September 07, 2016