Shares & Derivatives
Divested on StarHub as their Management skills are not as strong as before.
By LetsGetRichTgt  •  November 21, 2016
Divested I've divested StarHub before their 3Q16 results announcement after considering various points and thought it'll be a good time to do so before their announcement. Weak outlook on Mobile Mobile segment outlook is very weak, and especially so for StarHub and M1. This is affirmed by their 3Q announcement vis a vis Singtel's announcement. Pricing pressure from the impending 4th Telco arrival has took a toll on M1 and StarHub. Defensive Mode StarHub's management has been on a defensive mode with regards to their earnings call. They attributed their fall in Mobile earnings to
  1. IDD and International Roaming calls (as usual)
  2. Not pricing pressure from their data upsize point of view.
An analyst even questioned on their need for such aggressive move on the data front, given that the fall in voice revenue is larger than the data upside. Management's response was that their move was not aggressive. They even ......
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By LetsGetRichTgt
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