Post Reply
1-6 of 6
Star Hub has just undergone a trend reversal. Now its going south.
This stock is good to hold for mid to long term, again here and there, ppl always take stock and profit in between. Bottom line: have some profit, take some and leave some for other yahh....
Ya, I just bought 0.00000001% into Starhub!
In a longer run Starhub will out shine Singtel with it innovative products, comin 2nd will be Singtel in a neck to neck race. StarHub will eventually test $3/- to $3.30 come next year.
Yes, I would see this as a very good growth stock with good brand appeal. Hopefully Starhub will outshine Singtel and overtake it as S'pore's no 1 Telco.
BNP Paribas said it has initiated coverage with a target price of $2.75 on the company's strong earnings outlook, citing potential upside from its hubbing or bundling strategy and margin improvement.
"We expect the group to record a three-year CAGR of 22.7% over 2006-08, far outpacing SingTel's 5.8% and MobileOne's 3.3 pct for the same period," BNP said in a note.
It noted that central to the group's strong earnings outlook is its hubbing strategy of bundling of multiple products and services into packages with integrated loyalty programmes, which results in lower churn rates.
"We believe there is room for the group to grow its margins as the market share 'grabbing' phase is now over. StarHub's cable TV and broadband margins could also grow on the back of higher operating leverage," BNP said.