Search Results for: m1 stock

M1 STOCK: WORTH A BUY?

Dear readers, let us get an update on M1 stock. Ever since the key investors of M1 decided to call of the Strategic Review of the company, M1 stock price has declined to the current low price of $1.78 per share which is just a notch above the 52-week low price of $1.775. Is this an attractive price? Well it is hard to tell thought the SGX consensus price for M1 stock is $1.853 which means a potential profit margin of 3.3%. At the current price, M1 stock is trading at 6.25% dividend yield and at a Price-to-Earnings ratio...

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M1 STOCK: WHAT’S NEXT?

M1 stock retreated by 7.9% to close at $1.935 yesterday after the major shareholders of M1 decided not to proceed with the strategic review of the company. Also, M1 reported a 20.8% fall in its Q2 earnings. The selling of M1 stock yesterday was carried out on a high trading volume. M1 stock price is now at the oversold region and its price below its 200-days moving average. Yes, when it was announced that M1 stock was undergoing a strategic review, the investing community thought of the stock as a potential acquisition target, sending M1 stock price up. I...

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M1 STOCK: WHAT’S NEXT?

M1 stock has been trending higher earlier following reports that overseas buyers are looking to acquire the stock. This led to M1 stock trending around the $2.25 price mark. However M1 stock price has been declining recently, even reaching an intra-day low of $2.05 on 7 Jul 2017 before closing the trading day slightly higher at $2.10. From $2.25 to $2.10, that was over 6% in price drop for M1 stock since news of potential acquisition were made. The price pattern on 7 Jul 2017 while forming a doji had already breached below the 200- day moving average on...

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M1 STOCK: HOW MUCH WOULD BE AN EXIT PRICE?

M1 stock closed today (28 Apr 2017), unchanged at $2.17. It has been reported that a number of foreign firms including a Chinese mining company has expressed interest in M1 and hence investors who lap up M1 stock now might want to buy into news and speculating of a good exit offer. In an earlier post, I have shared my thinking on what could be a possible exit price for M1 and you can read the post here. DBS Vickers in its 28 Apr 2017 report has upgraded M1 stock to a BUY with a higher target price of...

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SINGTEL, STARHUB, M1 STOCK: WHICH IS MORE ATTRACTIVE?

Last week, it was reported that one of the world’s biggest independent money managers has sold their stake in Singtel stock. This was yet another news to hit the local telecom stocks as competition intensifies. As we know, M1 stock is currently under the radar of several overseas companies for acquisition. One of these companies is reportedly to be a Chinese mining firm. Singtel stock is currently oversold based on the RSI metric. At $3.74 per share, the stock is now almost 13.4% down from its previous 52-weeks high of $4.32. It is now trading at 4.68% dividends yield...

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M1 STOCK: WILL YOU BUY NOW?

Dear readers, as you would have known now, a number of overseas companies, including a Chinese mining company are reportedly vying to acquire M1. There could hence be a possibility that M1 stock would be the next Singapore stocks to be taken private. M1 stock rose by 3.8% on increased volume yesterday (27 Apr 2017). Investors who bought into M1 stock yesterday might have done so due to the thinking that the final deal for M1 would translate into an exit price much higher than the $2.17 per share that M1 stock traded at yesterday. Based on the closing...

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SINGTEL, STARHUB, M1 STOCK: AN UPDATE

It has been some time since we visit the three local telco stocks. In an environment marked by a fourth telco, how are the three telco stocks performing now? Since M1 stock price broke below its 200-Day Moving Average in Sep 2016, its stock price has been on a decline. It since hit a support of $1.92 and rebounded off this support to close at $2.13 on 13 Apr 2017. Singtel stock broke below its 200-Day Moving Average in Nov 2016 and has since rose above the 200-Day Moving Average in Jan 2017; however on 12 Apr 2017, Singtel...

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SINGTEL, STARHUB AND M1 STOCK: A TECHNICAL UPDATE

On 16 Sep 2016, I posted an article on the three telecom stocks. Let us revisit the stock prices of these telecom stocks vs the write-up of my article then. First, Starhub stock closed at $3.46 in my September post and I mentioned that this stock was below the 200-days-moving-average which was a bearish sign. True enough, at the close of the trading day on 21 Oct 2016, Starhub stock price went further south to $3.39, down a further 2.1%., still below its 200-days-moving-average but not oversold yet. For M1, in my earlier post, I said investors are deciding...

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SINGTEL, M1, STARHUB STOCK: Let’s get TECHNICAL!

Starhub stock has headed south below its 200 days-moving-average; this could signal a sustainable down-trend. However, yesterday, there was quite a bullish stock candlestock even though the stock remains oversold and the price is still below the 200-days-moving-average. A delay in the US interest rate hike could lend support to the stock though it is quite clear that Singapore could have a fourth mobile player in the telecom space. I think support of Starhub stock is at around $3.16, looking at the stock charts.Singtel stock closed at $4.27 in middle August 2016, at yesterday’s price of $3.89, the stock...

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M1 Limited best loved stock by analysts

There is something about M1’s growth that drives analysts crazy. Not one of the analyst have a bad thing to say about it. Comparatively, Starhub and Singtel seems to have a lot of flaws against it. M1 just released their Q2 report. There is nothing big to comment about except that they bought additional spectrum rights and as a result what was bad free cash flow became even worse for the...

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A Closer Look at M1’s Q3-2017 Results and How It Stacks Up Against Its Peers

A Closer Look at M1’s Q3-2017 Results and How It Stacks Up Against Its Peers by: Tam Ging Wien All examples and stocks quoted here in this article and on the ProButterflyTM site are for learning purposes; it does NOT constitute financial advice or a Buy/Sell recommendation. Contents are reflective of personal views and readers are responsible for their own investments and are advised to perform their own independent due diligence and take into their own financial situation. If in any doubt about the investment action you should take, you should consult a professional certified financial advisor. M1 Ltd...

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Tech Sector Led in Sep, Venture now Biggest Stock in the STI Reserve List

The IT Sector was the strongest of Singapore’s Sectors in September, with market capitalisation weighted total returns of 3.9%. This was followed by the Energy Sector with a 2.6% return and the Consumer Discretionary Sector with a 1.1% return. Overnight, SIPMM reported that Singapore’s electronics cluster’s PMI posted a reading of 53.6 in September, up from August’s reading of 53.2, its 14th straight month of expansion and the highest recorded reading since July 2010. In addition to being the largest capitalised stock of the IT Sector, Venture is currently the biggest stock on the STI Reserve List by full...

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ARE THESE FIVE STOCKS THE BEST BARGAIN BUYS NOW?

Dear readers, when a stock is trading at low prices, it may either be a bargain or it may be a “falling knife”. But what if the stocks have good valuations fundamentally? Will that makes the stocks bargain buys? Currently, there are five stocks which are trading within 4% of their 52-weeks low. Each of these stocks have good return-of-equity of more than 15% and pays a dividends yields of more than 4% each. Without further ado, let us get to know the names of the stocks now. 1. China Jinjiang stock 2. QAF stock 3. Sarine Technologies stock...

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THE ONE OVERSOLD STI STOCK

Dear readers, it is time to look at the weekly performance of the STI constituent stocks. Arising from my screening, there are not many oversold and overbought STI constituent stocks arising from the previous trading week, except for one oversold STI stock. Do you know which oversold STI stock is it? Well, this oversold STI stock is none other than Singtel stock which has currently a RSI of below 30. Currently, STI stock closes at $3.69, which is 2.5% from its 52-weeks low of $3.60 and almost 20% from its 52-weeks high of $4.06. Telecom stocks are always considered...

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Random thoughts: Defensive stocks?

What come to your mind? Names or numbers? In the past, perhaps 1-2 years ago, you might name telcos, healthcare/ heathcare reit? The 3 telecoms are suffering from investors’ anxiety without real confontation from TPG. Having another player at the table has lead to some analysts to shout which company might be merged. Is Singapore market too small for a 4th Telco? Only time will tell, but if u tell someone on the street now that M1/ starhub is defensive, but for the dividends and its cash flow, I am Not sure if u get the same reactions from...

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