Starhub *Official* (SGX: CC3)

[reddevil0728]

bros, i bought starhub during high time ($4.1) and now it is 1.3. which would be the best method, leave it as it is and wait or top up another 1000 units in long run. basically i bought this counter for dividends. i have been holding this counter like 5+ years

Do you think that it will recover?

if not take the hit now, look for another stock that you think has faster chance of recovery.

 

[Shion]

StarHub signs official distributor agreement for upcoming Disney+ service

https://www.channelnewsasia.com/new...utor-agreement-disney-plus-singapore-13913588

SINGAPORE: Viewers will be able to access content on the Disney+ streaming platform through StarHub's television, fibre broadband or mobile 5G network services, the local telco said on Thursday (Jan 7).

In a media release, StarHub said that it has signed an exclusive agreement with The Walt Disney Company to become the official distributor for Disney+ in Singapore.

When it launches on Feb 23, customers will be able to view content access Disney's six brands of content on the device of their choice, whether on their televisions or mobile devices, said StarHub.

The six content brands available to viewers are: Disney, Pixar, Marvel, Star Wars, National Geographic and the long-running Asian entertainment platform Star.

Information on pricing, as well as how to sign up for the service "will be revealed soon", according to StarHub's website. Disney+ on StarHub will be available for existing and new customers, it added.

Disney+ has said it would charge S$11.98 per month (or S$119.98 a year) for a subscription.

"Viewing habits continue to shift, and we want to provide all customers with the best service experience wherever they are, in their homes, and now more than ever, on their phones," said Johan Buse, chief of StarHub's consumer business group.

"We’re pleased to work with StarHub to provide consumers in Singapore yet another avenue to get access to Disney+, which offers content from all of our iconic brands," said Amit Malhotra, regional lead of emerging markets at The Walt Disney Company.

Disney+ offers over 500 films and 15,000 episodes of content.

 

[Shion]

StarHub Q4 net profit up by 3.5% to S$36.1 million on Jobs Support Scheme payouts

StarHub Q4 net profit up by 3.5% to S$36.1 million on Jobs Support Scheme payouts

https://www.businesstimes.com.sg/co...o-s361-million-on-jobs-support-scheme-payouts

MAINBOARD-LISTED StarHub's earnings rose by 3.5 per cent year on year in the last quarter, helped by government wage subsidies amid the Covid-19 pandemic.

The telco's net profit came to S$36.1 million in the three months to Dec 31, 2020, according to financial results released on Friday evening.

Revenue was down by 4.8 per cent to S$579.5 million for the quarter.

Fourth-quarter service revenue came in 5.5 per cent lower at S$419.4 million, while equipment sales fell by 2.8 per cent to S$160.1 million.

But StarHub recognised S$11.3 million in Job Support Scheme for the quarter, boosting other income to S$13.4 million, from S$1.9 million in the year-ago period.

The consumer segment was behind the revenue plunge, with turnover from the core mobile service business down by 27.4 per cent to S$138.6 million.

Post-paid average revenue per user (ARPU) was S$30, against S$40 at end-2019, while the number of subscriptions fell to 1.41 million, from 1.45 million before.

The decrease was attributed to lower international dialling, excess data and voice charges, lower income from value-added services, and lower roaming fees as the Covid-19 pandemic forced travel restrictions around the world.

Meanwhile, home fibre broadband lines declined to 498,000 in the same period, from 501,000 before, and pay-television users retreated to 314,000, from 329,000.

On the other hand, enterprise segment revenue was up by 21.1 per cent to S$188 million. Contributions from the growing cyber security business rose 63.4 per cent, while the consolidation of Malaysian provider Strateq added regional ICT services revenue.

These new business units more than made up for the 9.9 per cent revenue decline in StarHub's network solutions arm, which includes enterprise data and Internet as well as managed services and voice services.

For the full year, net profit was down by 15.2 per cent to S$157.9 million, while group revenue lost 13 per cent to S$2.03 billion.

StarHub is looking at stable service revenue in FY2021, cushioned by contributions from Strateq and the cyber security business, while the service Ebitda margin could thin to between 24 per cent and 26 per cent, down from 31.1 per cent in FY2020.

Meanwhile, the board has declared a final dividend of 2.5 Singapore cents a share, taking the full-year payout to five Singapore cents a share, in line with earlier guidance.

It expects to pay either the same amount in FY2021 or at least 80 per cent of net profit attributable to shareholders, whichever is higher.

This dividend move takes into account "the ongoing effects of Covid-19, the group's ongoing investments in, and returns from transformation initiatives", StarHub said.

New chief executive Nikhil Eapen added in a statement that there were "early signs of business demand picking up" as Singapore reopened its economy from mid-2020 onwards, and added that "we plan towards a gradual recovery in 2021".

The green shoots identified by management include a recovery in the managed services order book, as well as "accelerated demand from enterprises for digitalisation and multi-cloud strategies", according to StarHub's outlook statement.

StarHub shares ended lower by S$0.01, or 0.78 per cent, to S$1.28, before the results.

 

[CaptainTeo]

If every quarter back to 50 wil be good.

 

[Shion]

 

[Shion]

StarHub Q1 net profit down by 24% to S$30.5 million​

https://www.businesstimes.com.sg/companies-markets/starhub-q1-net-profit-down-by-24-to-s305-million
MAINBOARD-LISTED telco StarHub saw its first-quarter earnings continue to slide, on the back of lower service Ebitda and losses in fledgling enterprise units, according to a business update on Tuesday.

Net profit fell by 24 per cent year on year to S$30.5 million for the three months to March 31, while revenue was down by 3.8 per cent to S$487.1 million, stymied by the consumer mobile business and fewer security projects.

Service revenue came in at S$375.7 million for the quarter, lower by 7.2 per cent, when equipment sales were excluded.

Chief executive Nikhil Eapen said in a statement that the quarter "remains challenging with ongoing travel restrictions and headwinds from the global pandemic".

Consumer mobile service revenue dropped 20.8 per cent to S$129.6 million, which StarHub attributed to the impact of "intense" competition.

Postpaid mobile average revenue per user (ARPU) stood at S$28, against S$34 in the year-ago period, while the subscriber base shrank to 1.42 million, from 1.47 million before.

Pay-TV income contracted by 4 per cent year on year as the number of customers decreased from 327,000 to 306,000.

Broadband service was the only consumer segment to post growth, as revenue increased by 12.6 per cent on lower subscription discounts, despite a decline in users from 502,000 to 495,000 lines.

The enterprise business managed an uptick of just 0.9 per cent, to S$154.2 million - even though previously-deferred projects were re-committed for 2021 and beyond, which lifted network solutions income.

That's as StarHub's cybersecurity revenue - which is underpinned by Ensign InfoSecurity, a joint venture with Temasek Holdings - shrank by 32 per cent on project delays.

Cybersecurity and the newly consolidated regional infocomm technology arm recorded operating losses to the tune of a combined S$4.1 million.

Overall, StarHub reported free cash flow of S$97.4 million for the three months, lower by 18.2 per cent year on year, while the net debt-to-Ebitda ratio improved to 1.29 times, compared with 1.41 times as at Dec 31, 2020.

At its annual general meeting last week, the board had reaffirmed guidance for a full-year payout of S$0.05 a share, the same as the year before - though dividends have declined from S$0.09 in 2019 and S$0.16 before that.

 

[Shion]

StarHub launches Managed SASE to transform network security and connectivity for the mobile workforce​

https://www.theedgesingapore.com/ne...rk-security-and-connectivity-mobile-workforce
Local telco provider StarHub has launched its Managed Secure Access Service Edge (Managed SASE) service in partnership with global cyber security leader Palo Alto Networks. StarHub Managed SASE offers enterprises in Singapore a modern cyber security and digital networking solution to address the challenges brought about by today’s increasingly distributed workforce.

SASE, which was first coined by IT research and advisory firm Gartner just under two years ago, has been under the spotlight as enterprises accelerate digital transformation in the post-pandemic world.

Combined with cloud-delivered security platform Prisma Access from Palo Alto Networks, StarHub Managed SASE helps enterprises to simplify and automate cyber threat protection and multi-site network management as they operate with and connect through various cloud environments. With this integrated offering fully managed by StarHub, enterprises can strengthen their security posture expeditiously while reducing networking complexities and costs.

Through an easy-to-use online portal, enterprises can fortify their network perimeter and achieve consistent threat prevention, web filtering, DNS security, and data protection policies across their entire infrastructure.

StarHub Managed SASE works by bringing advanced security defences, such as firewalls and malware threat protection, into the cloud. Transparent to users, this new distributed security approach enables all internet traffic to be scanned and threats to be detected right at the edge of their infrastructure where their workforce is, in real-time and over any wired or wireless connectivity.

With this, remote working is safer as employees are able to retain the ability to access corporate applications and resources with the same ease and security as they would have back in the office, without sacrificing performance and productivity. There is no need for traffic to be routed back to corporate headquarters security systems via Virtual Private Networks (VPNs), reducing the reliance on on-premise hardware and keeping capital expenditure in check.

StarHub’s chief of Enterprise Business Group Charlie Chan says, “We recognise that due to the massive shift to remote work, enterprise security and IT teams are re-strategising and transforming their infrastructure to serve more people accessing corporate systems from wherever they are, often over unsecured connections.”

“In response, we are challenging traditional hardware-based security and network designs in collaboration with Palo Alto Networks, to offer our enterprise customers significantly simpler and more flexible security, managed as a service. By moving to the cloud with StarHub, enterprises can deploy customisable security policies company-wide and scale network resources up or down according to bandwidth demands, all without the hassle of hardware ownership and managing multiple vendors,” adds Chan.

As at 12.00pm, shares in StarHub are trading at $1.23.

 

[Euqorab]

StarHub launches Managed SASE to transform network security and connectivity for the mobile workforce​

https://www.theedgesingapore.com/ne...rk-security-and-connectivity-mobile-workforce
Local telco provider StarHub has launched its Managed Secure Access Service Edge (Managed SASE) service in partnership with global cyber security leader Palo Alto Networks. StarHub Managed SASE offers enterprises in Singapore a modern cyber security and digital networking solution to address the challenges brought about by today’s increasingly distributed workforce.

SASE, which was first coined by IT research and advisory firm Gartner just under two years ago, has been under the spotlight as enterprises accelerate digital transformation in the post-pandemic world.

Combined with cloud-delivered security platform Prisma Access from Palo Alto Networks, StarHub Managed SASE helps enterprises to simplify and automate cyber threat protection and multi-site network management as they operate with and connect through various cloud environments. With this integrated offering fully managed by StarHub, enterprises can strengthen their security posture expeditiously while reducing networking complexities and costs.

Through an easy-to-use online portal, enterprises can fortify their network perimeter and achieve consistent threat prevention, web filtering, DNS security, and data protection policies across their entire infrastructure.

StarHub Managed SASE works by bringing advanced security defences, such as firewalls and malware threat protection, into the cloud. Transparent to users, this new distributed security approach enables all internet traffic to be scanned and threats to be detected right at the edge of their infrastructure where their workforce is, in real-time and over any wired or wireless connectivity.

With this, remote working is safer as employees are able to retain the ability to access corporate applications and resources with the same ease and security as they would have back in the office, without sacrificing performance and productivity. There is no need for traffic to be routed back to corporate headquarters security systems via Virtual Private Networks (VPNs), reducing the reliance on on-premise hardware and keeping capital expenditure in check.

StarHub’s chief of Enterprise Business Group Charlie Chan says, “We recognise that due to the massive shift to remote work, enterprise security and IT teams are re-strategising and transforming their infrastructure to serve more people accessing corporate systems from wherever they are, often over unsecured connections.”

“In response, we are challenging traditional hardware-based security and network designs in collaboration with Palo Alto Networks, to offer our enterprise customers significantly simpler and more flexible security, managed as a service. By moving to the cloud with StarHub, enterprises can deploy customisable security policies company-wide and scale network resources up or down according to bandwidth demands, all without the hassle of hardware ownership and managing multiple vendors,” adds Chan.

As at 12.00pm, shares in StarHub are trading at $1.23.

Will this help in turning the tables around? They depend on these services it seems

 

[Shion]

StarHub to offer S$120 in perks to customers who turn in pirate set-top boxes​

https://www.channelnewsasia.com/new...-pirate-set-top-boxes-copyright-bill-15276730
SINGAPORE: StarHub will offer two years of free rental of its StarHub TV+ box worth S$120 to customers who turn in their old pirate set-top boxes, the company said on Friday (Jul 23).

The initiative will “encourage the move towards legitimate content sources ahead of time”, said StarHub, as Singapore moves to clamp down on the sale of pirate set-top boxes.

Under the Copyright Bill that was tabled in Parliament earlier this month, it would be illegal to sell set-top boxes that offer access to pirated content if the proposed amendments are passed.

“Starting tomorrow (Saturday), StarHub will grant a total of S$120 to each customer willing to part ways with pirate set-top boxes that may not be in compliance with the proposed amendments to Singapore’s Copyright Act,” StarHub said in a media release.

“In exchange, customers will get free two-year rental of StarHub TV+ box, a plug-and-play Android TV-based media player which offers one-screen-for-all cinematic viewing experience with Ultra HD 4K support and fast Wi-Fi connectivity.”

Customers can drop off their pirate set-top boxes for a “free and safe disposal” at selected StarHub shops before signing up for StarHub TV+, which costs S$30 a month.

StarHub TV+ subscribers can switch between streaming services, including Netflix and Disney+, and live TV.

StarHub said it has teamed up with a “reputable e-waste recycler” to ensure that the discarded set-top boxes are destroyed and disposed of in a responsible and sustainable manner.

Customers can drop off their pirate set-top boxes at eight StarHub shops between Jul 24 and Aug 31, including outlets at Plaza Singapura, Tampines Mall and Jurong Point.

“Customers are encouraged to make an appointment through the My StarHub app prior to visiting their preferred StarHub shop,” the company said.

Under the proposals as part of the Copyright Bill, those convicted of selling pirate set-top boxes could face fines of up to S$100,000, up to five years in prison, or both.

“To encourage consumption of copyright works from legitimate sources, rights-owners may sue anyone who knowingly engages in commercial dealings with devices or services which have the commercially significant purpose of facilitating access to copyright infringing works,” the Ministry of Law said in its summary of key changes in the Bill.

In a landmark case in 2019, a retailer charged under the Copyright Act for selling Android streaming boxes was fined S$1,200 after pleading guilty to one charge of wilfully infringing on the copyright of rights owners for commercial gain, while another charge was taken into consideration.

It was the first time a seller of Android TV boxes had been prosecuted in Singapore.

 

[Euqorab]

Good try !

 

[simon_84]

1.2 support broken.
Plan to sell some at the next CD period.

 

[Shion]

StarHub posts 12.3% drop in 1H earnings to $67.9 mil on lower JSS​

https://www.theedgesingapore.com/ca...-posts-123-drop-1h-earnings-679-mil-lower-jss
Local telco StarHub announced that its 1HFY2021 ended June earnings came in at $67.9 million, some 12.3% lower than $77.4 million in the previous year. This was mainly due to a decrease in other income.

Total revenue for the period was 1.5% higher at $973.7 million from $959.6 million last year, mainly due to higher contributions from Broadband, Enterprise Business and Sales of Equipment, offset mainly by lower revenues from Mobile and Entertainment.

Against the corresponding period last year, Mobile service revenues was 15.4% lower, due to lower postpaid and prepaid revenues. The decrease in postpaid revenues was due to lower IDD, lower excess data usage, lower voice usage, lower VAS (value-added services) revenues and lower roaming, partially offset by the increase in SMS usage and higher plan subscriptions. The decrease in prepaid revenues was due to a decline in the number of tourists and foreign workers from sustained travel restrictions, lower data subscriptions, lower prepaid expired credit and lower IDD.

Notably, the impact of Covid-19 on roaming revenues was for the full six months in 1HFY2021, compared to four months in 1HFY2020, as global travel and movement restrictions commenced in March 2020.

Broadband service revenue increased 12.5% y-o-y, due to higher ARPUs from reduced subscription discounts and the absence of a one-time 20% rebate on Home Broadband monthly fee extended to customers for a service disruption in April 2020. Excluding the one-time rebate from prior year, revenue would have been $9.1 million or 10.5% higher y-o-y in 1HFY2021.

Entertainment service revenue decreased 3.4% y-o-y, due to a lower residential Pay TV subscriber base, offset by higher ARPUs from the increased price in HomeHub bundled plans, lower commercial TV revenue and lower spending on advertising by business customers.

Enterprise Business revenue increased 12.9% y-o-y, due to higher contributions from Managed Services, Cybersecurity Services and the consolidation of Strateq under Regional ICT Services (acquired on 30 July 2020). This was partially offset by lower revenues from Data & Internet and Voice Services.

Revenue from Sales of Equipment increased 8.8% y-o-y, mainly due to customers upgrading to 5G handset models, resulting in higher volume of premium handsets sold.

Other income was 65.8% lower y-o-y at $6.4 million from $18.8 million, mainly due to lower Job Support Scheme (JSS) payouts since 2QFY2020, partially mitigated by higher recovery of tunnel fees from TPG and higher income grant. The JSS payouts recognised in 1HFY2021 was $1.2 million compared to $15.7 million in the corresponding period last year.

Nikhil Eapen, CEO of StarHub says, “We are pleased to report q-o-q growth across all our key segments in 2QFY2021 although market competition remains intense and business conditions are still challenged with Covid-19. We see early results from driving a differentiated strategy that delivers real value to our customers lives.”

“Our focus is to enrich customers’ connectivity experiences across 4G, 5G and home broadband with entertainment offerings from OTT partnerships such as Disney+, to our partnership in cloud gaming with NVIDIA GeForce NOW. This drives our premium standing with customers, with highest customer satisfaction scores in CSISG and our rating by Opensignal as an outright winner in Video Experience and Download Speed Experience.”

“With enterprise customers, we continue to enable their own transformation efforts across Cybersecurity Services, Regional ICT and Network Solutions. Our Enterprise business similarly achieved top positioning with customers and strong double-digit growth,” adds Eapen.

Shares in StarHub closed at $1.24 on Aug 5.

 

[lzydata]

StarHub to Acquire 50.1% Stake in MyRepublic’s Broadband Business in Singapore to Drive Long-term Synergies

● StarHub acquires majority share of MyRepublic Broadband Pte Ltd, a newly incorporated company that holds MyRepublic’s Singapore broadband business
● Material commercial and operational synergies, plans to strengthen both parties’ customer offerings and long-term business outlook
● Partnership creates opportunity for StarHub to participate in MyRepublic’s regional growth and an important milestone in MyRepublic’s IPO journey

https://links.sgx.com/FileOpen/02MediaRelease.ashx?App=Announcement&FileID=684192
Senior management including CEO Malcolm Rodrigues are retained.

 

[RexxarLoh]

Is starhub worth to invest in now?

 

[reddevil0728]

Is starhub worth to invest in now?

Actually the question should be whether you have better alternative.

 

[RexxarLoh]

Actually the question should be whether you have better alternative.

Do you have any?

 

[reddevil0728]

Do you have any?

It depends on your objective. You considerations on whether something is better to achieve your objective may be different from others.

what do you currently have you in your portfolio?

 

[RexxarLoh]

It depends on your objective. You considerations on whether something is better to achieve your objective may be different from others.

what do you currently have you in your portfolio?

DBS for long term. What about you?

 

[reddevil0728]

DBS for long term. What about you?

How risk averse are you? The more risk averse you are, may want to consider those index etf, world etf might be a good one.

picking individual stocks might not be for everyone

 

[RexxarLoh]

How risk averse are you? The more risk averse you are, may want to consider those index etf, world etf might be a good one.

picking individual stocks might not be for everyone

Thanks for your info. My risk tolerance is low.