Shares & Derivatives
M1’s 3Q16 results
By Poor Learn Rich  •  October 20, 2016
M1 share price plunged 5.15% today, a $0.12 drop, to $2.21 today. This is much expected from the poor 3Q16 results released yesterday. 穷小子 mentioned in the previous post that M1 is having a juicy dividend yield of 6.38%, but because of fourth telco is approaching, patience prevails, and still waiting at the sidelines. Take a quick look on the results. Key Financial Highlights
Operating Revenue $277.6m to $249.1m, -10.3%
Cost of sales for 9 months $380.9m to $294.6m, -22.7%
Net Profit after tax $44.9m to $34.4m, -23.4%
Cash & Cash equivalents, -62.9%
Net debt. 20.5%
Net debt/EBITDA, 24.8%
EPS, -12.0%
All these financial leverage are statistically bad.
Enough of the current statistic facts, let's see the good side of it. As we all have known, majority of Singapore's consumers are bounded ...
...
Read the full article
By Poor Learn Rich
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance