Singtel (Buy, TP: S$ 4.4, +74%) Feedback from NDR
We hosted an NDR with Singtel Group CEO, Moon, the acting CEO and the CFO of Optus, Michael Venter and the Head of IR, Adrian Seah, in London and Europe this week. The backdrop to meetings was positive given the bullish guidance issued by the company at their full year results, and the tone of the meetings was pretty positive too.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.
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