Search Results for: m1 stock

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...

Read More

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...

Read More

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...

Read More

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...

Read More

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...

Read More

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...

Read More

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...

Read More

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...

Read More

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...

Read More

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...

Read More

SINGTEL STOCK: WILL YOU BUY IT NOW?

Singtel stock recently went to a low of around $3.70 in May 2017 ever since the support of $3.88 was broken. It seemed that Singtel stock managed to find support at $3.70 level as its stock price inched slowly up to close at $3.81 today. As an added boost of confidence, Singtel CEO, Ms Chua Sock Koong bought 355,740 Singtel shares on 1 June 2017. Should Singtel stock continue to retrace up, I believe the previous support of $3.88 is easily attainable. The consensus target price of Singtel on SGX website is $4.22, which implies a potential upside of...

Read More

Singapore Semiconductor Stocks Riding the Cyclical Upturn

Global semiconductor industry is in a cyclical up-cycle, driven by Internet of Things (IoT) and mobile devices. Strong growth in electronics and precision engineering clusters likely to provide support to Sinapore’s economy in 2017. The 12 semiconductor SGX-listed stocks, riding on the strong near-term momentum in the industry, generated an average total return of 65.7% in the year-to-date, bringing their one-year average total return to 115.6%. Singapore’s three largest semiconductor stocks are in net-cash positions, which ensures dividend payouts to their shareholders. Global Semiconductor Industry in Cyclical Up-Cycle Strong Near-Term Momentum Driven by Internet of Things (IoT) and Mobile...

Read More

21 SG Stocks Feature in Regional Index built on ‘Quality Factors’

The SGX Developed Asia ex Japan Quality Index is made up of 60 stocks listed across Singapore, Hong Kong and South Korea. With constituents maintaining comparatively strong financials, the Index has generated more resilient long term returns than relative benchmarks. Financial metrics for Quality Factors include net profit margins, return on equity & invested capital, the degree of financial leverage and accrued income. Singapore’s stocks within the SGX Developed Asia ex Japan Quality Index have averaged a 10% YTD total return bringing their average annualised five year returns to 8%. As inferred by their Quality Index inclusion, the stocks...

Read More

WHICH STOCKS TO BE PRIVATISED NEXT?

The news that M1’s three largest shareholders are reviewing their stakes in M1 has led to speculation on the possible privatization of M1 stock. M1 stock responded in return, soaring some 7.9% on 17 Mar 2017 before the trading halt of the stock. It was reported that talks of potential divestment of listed Telco firms has come as early as last year as the major Telco players brace themselves for the fourth Telco player into the stocks markets. Singtel and Starhub stocks also benefitted from the speculation, with each rallying last Friday. I believe the stocks markets are in...

Read More

SINGTEL, STARHUB and M1: which is a GOOD BUY?

Singtel stock currently (based on closing price of 24 Feb 2017) at $3.96, down by 6.38 % from the stock’s 52-week high of $4.32. The consensus target price based on SGX website is $4.25 which means an upside of 7.32% from Singtel’s current stock price. Starhub stock currently traded at $2.81 down by 29% from the stock’s 52-week high of $3.96. The consensus target price based on SGX website is $2.73 which means a downside of 2.8 % from Starhub’s current stock price. M1 stock currently traded at $2.04, down by 29.4% from the stock’s 52-week high of $2.89...

Read More

Like us on Facebook

Follow us on Twitter