M1's Full-Year Result Largely Irrelevant; Still Likely to Be Taken Private at SGD 2.06 per Share
From shareholders’ perspective, M1’s full-year result is less relevant than usual, given that the company is likely to be taken private at SGD 2.06 per share as per the voluntary conditional offer made Dec. 28, 2018. Nevertheless, the company reported fourth-quarter services revenue down 2% with EBITDA down 10% and net profit down 21%. In our view, M1 will be the most exposed Singapore operator to TPG’s entry into the mobile market, since it has fewer bundled customers than rivals StarHub and Si...M1 is a communications company, providing mobile and fixed services to customers. Co. is an operator that provide fourth generation (4G) service, as well as fixed broadband, fixed voice and other services on the Next Generation Nationwide Broadband Network. Co. and its subsidiaries are engaged in the provision of telecommunications services, international call services and fixed services, retail sales of telecommunication equipment and accessories, and customer services. Co. makes available to its mobile and fixed-line customers International Direct Dial services through the 002 and 021 prefixes, as well as a International Calling Card service using prefix 1818.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.