SingTel Sees Pressure in both Australia and Singapore; FVE Decreased to SGD 3.50 on Associate Moves
SingTel’s third-quarter fiscal 2017 (quarter-ended September 2016) result was in line with our expectations with revenue declining by 1.5%, EBITDA flat and underlying net profit up 4.2%. Management made no changes to full-year fiscal 2017 guidance, after a slight guidance downgrade put through at the half-year result.ÂOur fair value estimate reduces to SGD 3.50 per share from SGD 3.60 on lowered share prices of associates. We retain our narrow moat rating for the company. Our fair value implies...
Singapore Telecommunications is engaged in the operation and provision of telecommunications systems and services, and investment holding. Co. provides a range of multimedia and Information and communications technology solutions, including voice, data and video services over fixed and wireless platforms. Within both Singapore and Australia, Co. provides mobile communications, data and Internet, national telephone, information technology and engineering, sale of equipment, international telephone and pay television. Co.'s key businesses include: Group Consumer, Group Digital L!fe, and Group Information and communications technology.
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.