Shares & Derivatives
StarHub share price trashed to 14-year low
By SG Wealth Builder  •  February 20, 2019
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StarHub CEO, Peter Kaliaropoulos must be feeling the heat again. On 18 February 2019, StarHub share price plunged to a 14-year low of $1.61. The last time that StarHub share price was trading at such disgraceful level was in 2005. The trigger for the massive sell-offs was obviously the dismal Q4FY2018. Following the announcement, investors wasted no time in punishing this counter, sending StarHub share price to rock bottom.

It seems that honeymoon period is over for the StarHub CEO. Following his appointment on 9 July 2018, StarHub share price enjoyed a brief respite and even managed to halt its horrendous slump. Then the announcement of Keppel and SPH buy-over of M1 shares had led to a resurgent StarHub share price in September 2018. Investors had speculated that a potential privatization of M1 could lead to lower competition for StarHub.

But reality started to

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By SG Wealth Builder
Welcome to SG Wealth Builder! My name is Gerald and I hope that you find this blog useful in your wealth building journey. The motto of this blog is “to make money, to build wealth and to preserve wealth” ...
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