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Can even closed at 2.89 while the rest are kaput. This is the counter to go for. Target 3.10
wa this stock is on crack
Awesome counter!!!
$2.92 !!!
wah kor..this is a joke basically...just one upgrade one price go up?!?! wow...seems like quite easily manipulated by analyst leh :D
zhuge_liang ( Date: 24-Jun-2008 12:32) Posted:
StarHub rose after Morgan Stanley upgraded its investment rating for the stock to "over-weight" from "equal-weight", dealers said.
Morgan Stanley analysts Navin Killa and Gary Yu raised their price target for StarHub to $3.25 a share, up from a previous target of $3.20.
They said in a research note that the competitive environment in Singapore's mobile market was expected to stabilize and help StarHub's earnings. StarHub was also expected to announce a $400-500 million capital management initiative in the second half of this year, the note said.
"StarHub offers a solid defensive option in the midst of continued volatility in equity markets, given the stock's attractive dividend yield and high earnings visibility," it said. |
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defensive play!
2.85
StarHub rose after Morgan Stanley upgraded its investment rating for the stock to "over-weight" from "equal-weight", dealers said.
Morgan Stanley analysts Navin Killa and Gary Yu raised their price target for StarHub to $3.25 a share, up from a previous target of $3.20.
They said in a research note that the competitive environment in Singapore's mobile market was expected to stabilize and help StarHub's earnings. StarHub was also expected to announce a $400-500 million capital management initiative in the second half of this year, the note said.
"StarHub offers a solid defensive option in the midst of continued volatility in equity markets, given the stock's attractive dividend yield and high earnings visibility," it said.
DMG upgrades StarHub to Buy from Neutral, despite reduction in target price to $3.10 from $3.30. Broker says recent share price decline means stock attractive again, new target price still offers good upside from current share price. Says full number portability for Singapore telco market will lead to some margin pressure as marketing likely to be stepped up, but longer-term impact likely sanguine; notes Singapore telcos have generally coexisted well, have not succumbed to destructive competition. Adds, StarHub's hubbing strategy should mitigate average revenue pressure, improve client loyalty over long run.
No need to worry about Starhub. In medium term can expect to rebound back to $3.
looking gd for 1st half performance $2.79..see how starhub fares in the 2nd half..
strange to see an inverse relationship with Singtel in terms of its movement of their share prices..
any idea why?
hmm for some reason singtel was the only telco to go down earlier this morn. got link?
starhub looking attractive at these levels...
green on a down day.. poised for a rebound
yes indeed...good for consumers...and when i saw what MediaRing is offering...it does look attractive to me
AK_Francis ( Date: 17-Jun-2008 11:40) Posted:
ha ha , the mobile market gonna be red hot leow. the 3 gaint telco launches vast discount plans lately. now Starhub plans to headstart the long talking
mobile wallet service. And MediaRing eyes on 1 m users for new IP phone service. both highlighted on BT.
hoe shei leow, making mobile phone call gonna be cheaper and cheaper leow. |
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ha ha , the mobile market gonna be red hot leow. the 3 gaint telco launches vast discount plans lately. now Starhub plans to headstart the long talking
mobile wallet service. And MediaRing eyes on 1 m users for new IP phone service. both highlighted on BT.
hoe shei leow, making mobile phone call gonna be cheaper and cheaper leow.
these analysts often dun see eye-to-eye with one another...just see how Cosco itself had contradicting calls too..."underperform" and "overweight" are of two extreme poles away
its up to the individual to depict which they will follow...see whose analyst sounds more logical and how in-depth the report is
so as there's a "underperform" and "overweight"...i guess we can issue ourselves a "neutral" thenz
ywyeap ( Date: 17-Jun-2008 11:20) Posted:
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2 contradictory posts!
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Credit Suisse upgrades StarHub to Neutral from Underperform, but trims target price to $2.70 from $2.92. Broker says lower target reflects expected impact of next generation broadband network; "it is clear that StarHub will face lower returns from fixed line and broadband, through increased competition and broadband tariff declines." Adds, StarHub's offer of 6 months' free subscription to entice customers to switch following launch of full mobile number portability is much more aggressive than anything seen in Singapore market so far, but company is still avoiding cuts to standard revenue per minute. Says recent sharp share price underperformance means worries over increased competition are now already in the price. |
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JPMorgan, which has Overweight call on Starhub with $4.00 target, says share price decline, "seemingly timed" with rollout of full mobile number portability last Fri, not justified. Notes stock possibly penalized based on bearish macro-economic outlook, with company's market leading pay TV business regarded as being at risk; "albeit one could argue inflation pressures from commodity and fuel inflation will make households cut pay TV, one could also argue rising transport and fuel prices may make them stay at home as well." Despite recent price decline, daily losses have been mild, helped in part by company's ongoing share buyback program. |
zhuge_liang ( Date: 17-Jun-2008 00:44) Posted:
| Credit Suisse upgrades StarHub to Neutral from Underperform, but trims target price to $2.70 from $2.92. Broker says lower target reflects expected impact of next generation broadband network; "it is clear that StarHub will face lower returns from fixed line and broadband, through increased competition and broadband tariff declines." Adds, StarHub's offer of 6 months' free subscription to entice customers to switch following launch of full mobile number portability is much more aggressive than anything seen in Singapore market so far, but company is still avoiding cuts to standard revenue per minute. Says recent sharp share price underperformance means worries over increased competition are now already in the price. |
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2 contradictory posts!
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Credit Suisse upgrades StarHub to Neutral from Underperform, but trims target price to $2.70 from $2.92. Broker says lower target reflects expected impact of next generation broadband network; "it is clear that StarHub will face lower returns from fixed line and broadband, through increased competition and broadband tariff declines." Adds, StarHub's offer of 6 months' free subscription to entice customers to switch following launch of full mobile number portability is much more aggressive than anything seen in Singapore market so far, but company is still avoiding cuts to standard revenue per minute. Says recent sharp share price underperformance means worries over increased competition are now already in the price. |
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JPMorgan, which has Overweight call on Starhub with $4.00 target, says share price decline, "seemingly timed" with rollout of full mobile number portability last Fri, not justified. Notes stock possibly penalized based on bearish macro-economic outlook, with company's market leading pay TV business regarded as being at risk; "albeit one could argue inflation pressures from commodity and fuel inflation will make households cut pay TV, one could also argue rising transport and fuel prices may make them stay at home as well." Despite recent price decline, daily losses have been mild, helped in part by company's ongoing share buyback program. |
zhuge_liang ( Date: 17-Jun-2008 00:44) Posted:
| Credit Suisse upgrades StarHub to Neutral from Underperform, but trims target price to $2.70 from $2.92. Broker says lower target reflects expected impact of next generation broadband network; "it is clear that StarHub will face lower returns from fixed line and broadband, through increased competition and broadband tariff declines." Adds, StarHub's offer of 6 months' free subscription to entice customers to switch following launch of full mobile number portability is much more aggressive than anything seen in Singapore market so far, but company is still avoiding cuts to standard revenue per minute. Says recent sharp share price underperformance means worries over increased competition are now already in the price. |
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Credit Suisse upgrades StarHub to Neutral from Underperform, but trims target price to $2.70 from $2.92. Broker says lower target reflects expected impact of next generation broadband network; "it is clear that StarHub will face lower returns from fixed line and broadband, through increased competition and broadband tariff declines." Adds, StarHub's offer of 6 months' free subscription to entice customers to switch following launch of full mobile number portability is much more aggressive than anything seen in Singapore market so far, but company is still avoiding cuts to standard revenue per minute. Says recent sharp share price underperformance means worries over increased competition are now already in the price.
JPMorgan, which has Overweight call on Starhub with $4.00 target, says share price decline, "seemingly timed" with rollout of full mobile number portability last Fri, not justified. Notes stock possibly penalized based on bearish macro-economic outlook, with company's market leading pay TV business regarded as being at risk; "albeit one could argue inflation pressures from commodity and fuel inflation will make households cut pay TV, one could also argue rising transport and fuel prices may make them stay at home as well." Despite recent price decline, daily losses have been mild, helped in part by company's ongoing share buyback program.
Apparently, investors are spooked by the new number portability service launched by IDA and expect subscriber rates to drop.
In the process, one of the brokerages decided to downgrade the stock (to "$2.3-$2.6 depending on the outlook" !!??)
Again, its another one of those totally unjustified analysis that serves to scare the uninformed to unload.
If there is a silver lining here, Starhub's 3-in-one strategy is much stronger than SingTel's.
Just me 2 cts worth...
