M1   

M1

Rebounded last Friday. Watch first. Good luck.

 

I thought this is suppose to be a defecnsive stock , why drop again today ?

 

What happen to this stock ? Fall 1% to 2% daily

 

M1 just started short term down trend.

http://mystocksinvesting.com/singapore-stocks/mobile-one-m1/m1-medium-term-up-trend-support-broken/

 

 

M1 3Q13 net profit rose 19% y/y to $39.5m following good results in the past 2 quarters. Results could have been better if not for a $1.5m IDA fine from a network failure in Jan 2013. Adjusted for the fine, 3Q13 net profit would have been 20% y/y, and 9M13 net profit would have accounted for 72% of MBKE?s full year forecast. Data monetisation is still intact, with data contributing 42.3% of service revenue, as well as the number of subscribers who have switched over to tiered data plans (32% of postpaid base, up 5ppt q/q) with 5.1 of postpaid base busting their data caps. iPhone 5 impact should be smaller than before as demand for the 5s is not as strong as the 5, whilst supply is being soaked up by China and Japan.

MBKE maintains Buy with TP: $3.98 on 2 catalysts: 1)The telco firm could pay a 7cts special dividend on top of regular full year dividend of 14.8cts. If so, its yield of 6.3% would be as attractive as SREITs. 2) If BPL cross-carriage goes through next year, it will be a huge boost to its Pay TV business. Calls from other brokers as follows: CIMB: O/PF, TP:$4.10 OCBC: Hold, TP:$3.17 Daiwa: Hold, TP: $3.11

 

4dollars is the next target.
Breaking out liaooooo Very soon.

 

Experiences tell me it'll fall then. Wait to re-enter at the price I would want to hold for long term.    

 

so strange, no sign of this will go up 3 days straight

 

m1 keeping going up again

 

It's strange indeed. So, I sold to realise my profit first given that the price is as close as its pre-May period. Don't M1 to suddenly drop in price and it'll be too late to react like what happen to the penny stocks saga. 

 

Ya, anyone know why. By right when negative news like they got fine 1.5 million, price should have fall abit. Duno why they keep going up for 3 days straight already.

grandjedi      ( Date: 08-Oct-2013 11:11) Posted: M1 is moving up again.. anyone out there know why?

 

M1 is moving up again.. anyone out there know why?

 

M1 dealt record breaking $1.5m fine for the disruption of its 2G and 3G mobile phone services in Jan, which affected some 250,000 M1 customers. This represents 0.14% of M1?s last full year of operating revenue of $1.08b. For the industry, more compliance hurdles might loom. Following a review of the network resiliency for all three operators - SingTel Mobile, M1 and StarHub Mobile - IDA noted yesterday that while they generally met international standards, there was " room for improvement" . It will implement a new audit framework to review network resiliency regularly, IDA added.

 

at last see the dividends come in.

 

wonder why it is still holding strong and up todays ? any news ?

 

 

 

Dividend is in!!!!!!

$$$$$$$$$$$$$$$$ 

 

long wait for the dividends to be bank in. M1 *kissed*

 

Thank you! M1 is the best!

 

Congrats! Congrats! :)

tanglinboy      ( Date: 11-Aug-2013 07:59) Posted: I'm vested in this counter. M1 has been pretty good this year and gave me good returns!

 

I'm vested in this counter.

M1 has been pretty good this year and gave me good returns!

 

Dividends coming next week!!!

  $$$$$$$$$$$$$$$$$$$$$$$$$