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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Highlights of High-Yielding Billionaire Stocks

There are 37 primary-listed stocks on SGX with a market capitalisation of above S$1 billion and dividend yields above 4%. These stocks averaged a total YTD return of 19.1% and a yield of 6.1%.  Of the 37 stocks, the five best performers in the YTD were Hi-P International (+183.8%), CDL Hospitality Trusts (+31.6%), Frasers Centrepoint (+29.7%), Lippo Malls Indonesia Retail Trust (+25.3%) and Mapletree Logistics Trust (+25.3%). The four highest yielding stocks are Hi-P International (13.8%), Lippo Malls Indonesia Retail Trust (8.1%), Hutchison Port Holdings Trust (7.7%), and Frasers Commercial Trust (7.1%), with an average yield of 9.1%. The...

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TEN SINGAPORE MID-CAP STOCKS TRADING AT 52-WEEKS LOWS

  Dear readers, these are the ten mid-cap stocks (each having a market-capitalization of at least $500 million) which are trading at their 52-weeks lows. Are these stocks discount-buys or are they value-traps? 1) Bumitama Agri Ltd. 2) Del Monte Pacific Limited 3) Hotel Grand Central Limited 4) Japfa Ltd. 5) Keppel Telecommunications & Transportation Ltd 6) M1 Limited 7) Raffles Medical Group Ltd 8) Sarine Technologies Ltd. 9) Singapore Press Holdings Limited...

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Telcos Are Retail Investors’ Favourite Defensive Stocks For Dividend Income

Read? When a Giant Gain Causes Pain (5) M1 still defensive in view of incoming stronger competitor? It is not unexpectedly to talk about M1 when they have the chance to ask your fellow retail investor. Uncle8888 is not vetted in any Telcos yet. Market is up, up and UP; but M1 is down, down and DOWN! This is NOT emotional selling from retail; but systematic selling by BBs. Right?...

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SEMBCORP MARINE STOCK: UP and UP?

I read of a recent analyst report where the analyst expressed his opinion that Sembcorp Marine would not be put up for acquisition or disposed of by Sembcorp Industries. As a background, a Strategic Review of Sembcorp Industries is ongoing and this Review covers its subsidiary businesses like Sembcorp Marine. But more recently, I read of analysts reports which expresses the possibility that there is synergy between the offshore branch of Keppel Corp and Sembcorp Marine. The analyst reports opined to the effect that Sembcorp Marine might be acquired by Keppel Corp for synergy in light of the current...

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High-Yielding Billionaire Stocks Extend Beyond the STI

Almost half of Singapore’s primary-listed stocks with a capitalisation greater than S$1.0 billion have dividend yields above 3%. This is a higher ratio than Asia Pacific and the United States, where around one-fifth of the same sized stocks maintain a yield of at least 3%. Within the STI, the 14 stocks that maintain a dividend yield above 3% averaged an 11% total return in the 2017 YTD. Beyond the STI, another 33 stocks, all with market capitalisation above S$1.0 billion and dividend yields above 3%, have averaged 15% gains. Of Singapore’s billionaire capitalisation stocks with 3%+ yields, the strongest...

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