Report
Dan Baker
EUR 101.80 For Business Accounts Only

Singtel's regional investments offer emerging-market growth opportunities.

We lower our fair value estimate for SingTel to SGD 3.55 from SGD 3.65 per share following the release of broadly in-line second-quarter fiscal 2018 results, with slightly improved associates valuations more than offset by a lower Australian dollar, negatively affecting translated Optus earnings. SingTel’s second-quarter 2018 (quarter ended September 2017) result was within our expectations with revenue increasing by 6.9%, EBITDA up by 4.8%, and underlying net profit declining by 4.1%. We retain...
Provider
Morningstar
Morningstar

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.

Analysts
Dan Baker

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