*Official* Neratel (SGX: N01)

Carnage

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.675

Just finished reading their annual report, I am quite positive on the synergies Northstar brings to the table.

Quite possibly I might reinvest with my dividends when it goes XD.
 

Dividends Warrior

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Woooo. Congrats. How many lots eh? Btw, why neratel huh?

Just 3 lots.......:o

Strong balance sheet. Consistent dividend history. :)

2008: $40 per lot
2009: $30 per lot
2010: $30 per lot
2011: $40 per lot
2012: $40 per lot
2013: $40 per lot

And the price dip after XD......
 
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Rinezz

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Just 3 lots.......:o

Strong balance sheet. Consistent dividend history. :)

2008: $40 per lot
2009: $30 per lot
2010: $30 per lot
2011: $40 per lot
2013: $40 per lot

And the price dip after XD......

Wish this counter can chiong thru the roof after you bought. :D
 

Dividends Warrior

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Woah!! Nera chiong today!

OSK DMG notes that NeraTel might be the only Singapore winner in the battle for Myanmar’s telco licences, with both Telenor and Ooredoo being NeraTel's existing customers (according to its channel checks). According to the terms in the Myanmar Telco contract (effective from Sep 2013), both Telenor and Ooredoo have nine months to commence operations and need to cover 75% of Myanmar with voice services and 50% with data services within the next five years. In order to cover such a vast area in a short time frame, DMG expect these telco operators to soon open up project tenders to equipment and system integrating vendors as well as to use radio transmission technology in the process. Given NeraTel’s established track record and expertise in the field, house believe that the group has a high chance of winning the tenders. Separately, NeraTel should record its one-off profit of $7m from the recent Nera Malaysia acquisition in the upcoming 2Q results. DMG cites the increasing the likelihood for the company to surprise the market with interim dividends, adjusting its earnings estimates upwards. DMG maintains its BUY rating with TP of $0.79.

Vested. :D
 

eveee99

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Realised?

Very sorry to hear that. I'm looking to buy in, but price doesn't feel right.

The current price is dangerously close to the recent May highs of 0.685 ... before it plunges ... i'll rather wait ..:D
 
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