I bought my first Starhub share at $2.07 or so. Since then I have added and sold but largely I still have 4 lots at an average of $2.75. I sold one lot at $3.61. And I thought its not a justifiable price. Today it reached $4.20. Fundamentally, what does this signify? Is it pricing in the 6.9 mil population for the next 17 years? I will let you guys evaluate that. Yield has compress from a 10% to 4.8%. The dividend payout have stayed roughly the same. While dividend payout is higher than earnings, it is sustainable and they been paying down cash. But do note that the price of the share is the sum of future cash flow. While we can use discounted cash flow to value, the result is rather subjective. What is a good discount rate to use. I decide ......