UOB maintains 'hold' on Singtel

[AhSiaKia123]

UOB in a research report says: "Singtel Associates - Telkomsel: Cheaper and better smartphones boost data traffic. Telkomsel has experienced an accelerated pace of increase in data traffic since Oct 13. Data traffic increased by 142 per cent yoy in 1Q14."

"New entrant Reliance Jio Infocomm is expected to launch 4G services for voice and mobile broadband in 2H14. The new entrant should not pose a challenge in the near term due to the lack of TD-LTE handsets. The top three players have lower cost structures compared with Reliance Jio, which incurs huge capex to roll out its network infrastructure."

"Telcos have worked hard to maintain revenue contributions from voice and SMS, while stimulating usage of data with the aim of eventually monetising data. Maintain BUY; target price: S$4.10."

Source :
UOB maintains 'hold' on Singtel | I Invest I Earn I Post

 

[-Jian-]

$100/lot Divendends coming in Aug.

 

[wahkao3]

$100/lot Divendends coming in Aug.

why are ppl so hard up over dividends!!!!

 

[wahkao3]

lets see what the other brokers are saying...