Shares & Derivatives
Singtel – Chugging along, strong and steady
By Let's Get Rich Together  •  May 14, 2015
Singtel is a telecommunications company with regional business. They've announced their full year results ending 31 March 2015 today and its looking great. Revenue up 5% Net Profit up 5% Ordinary dividend up 1 cent to 17.5 cent Overall, Singtel's FY15 results is encouraging and steady. What I like most is that its results has been consistently improving year on year (excluding currency fluctuations). Most importantly, core dividends have been steadily increasing too. I love these kind of businesses: boring, plain, no surprise. Only then will I have a peace of mind. Also, what's encouraging is that 61% of their postpaid customers are on tiered plans, with 26% of those exceeding their data caps. This shows that there's room for growth in data monetisation. Being a regional telco, we can either say that they've diversification or that they have multiple risks of vulnerability. Either way, as long as ......
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By Let's Get Rich Together
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