Singtel

Investing ideas

Consolidation may inspire StarHub to move on Simba: DBS

'It is about time that the Singapore market goes through consolidation'
As bulls and bears remain asleep, stay put in high-yield and non-cyclical counters - THE EDGE SINGAPORE

Investing ideas

As bulls and bears remain asleep, stay put in high-yield and non-cyclical counters

'Either the share prices go up, or earnings will come down. Of course, we hope valuations will go up'
Citi ups TP while DBS keeps 'buy' call on Singtel following long-awaited divestment of loss-making Trustwave - THE EDGE SINGAPORE

Broker's Calls

Citi ups TP while DBS keeps 'buy' call on Singtel following long-awaited divestment of loss-making Trustwave

With the sale Singtel's earnings can improve by around $120 million, estimates DBS
Growth capital for SingTel's RDCs may leave data centre REIT valuations unaffected  - THE EDGE SINGAPORE

Digital Economy

Growth capital for SingTel's RDCs may leave data centre REIT valuations unaffected

KKR acquires 20% of SingTel's RDC segment of 62MW for $1.1b as it banks on growth of a further 138MW

Broker's Calls

Singtel’s earnings have troughed, analysts keeps 'buy'

Singtel is aiming to build-up its Regional Data Centre platform capacity by four fold in the next three years.

Telecommunications

Singtel reaffirms constant review of assets to be monetised; deems SingPost's earnings contribution "not significant"

For the year ended March 31, SingPost reported earnings of $24.7 million; Singtel, meanwhile reported earnings of $2.23 billion

Banking & finance

Grab, Sea push Singapore to lift digital banks' deposit cap

Time is also ticking for these digibanks owned by non-financial firms to boost scale

Telecommunications

Ambani bets on 999 rupees phone to disrupt India's old internet network

Analysts at Jeffries India estimate that Bharti Airtel, Singtel's associate, will lose 11 million subscribers a year
CGS-CIMB maintains 'add' call on Sembcorp following Singtel power supply deal - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB maintains 'add' call on Sembcorp following Singtel power supply deal

The target price, held steady at $5.12, is pegged to 12 x forward FY2024 earnings
Singtel's FY2023 earnings up 14% to $2.23 bil, full year dividend payout of 14.9 cents - THE EDGE SINGAPORE

Results

Singtel's FY2023 earnings up 14% to $2.23 bil, full year dividend payout of 14.9 cents

During the year, Singtel’s regional associates increased their pre-tax profit contributions by 10% to $2.27 billion
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