Shares & Derivatives
By BULLy the BEAR  •  June 16, 2008
By: La Papillion Business Singtel had significant operations in Singapore and Australia, through a wholly owned subsidiary of Singtel Optus. They are the second largest satellite operator in Asia pacific, with international network providing direct connections from Singapore to more than 100 countries. Singtel had major investment in telecommunications industry in Thailand, India, Philippines, Bangladesh, Indonesia and Pakistan, forming the largest multi-market mobile customer base in Asia outside of China. This is about the first time I saw a local company earnings billions in revenue and net profit after tax – truly an eye opener. Singtel is the leading mobile operator in Singapore in 2006 and 2007 (I’m sure they are too in the past). Besides being the market leader locally, they are also named asian mobile operator of the year in 2006 – a true testament to its market leadership status. Their red colours are splashed everywhere in the local newspaper and media; it’s hard not to recognize their branding. Growth prospects With number portability implemented, there is bound to be a war to win market share. It’s stated in ST that singtel will do all it can to retain its market leader position. I believe with their market clout, they can do that. Regardless of the results, their expenses is bound to rise up as I expected more advertising dollars will be spent to create a perceived difference in the services and plans by the 3 local telcos. If the price war that is bound to happen lasted for a few years (as did Hong kong when they implemented number portability), then all 3 telcos will suffer in profitability. That being said, singtel having the most diversified operations out of the three telcos, they should be able to weather out this small bump in the local telecommunications scene. Read more...
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La papillion is french for butterfly. This blog chronicles my journey from an amateur in the stock market to where I am today. Have I turned into a beautiful butterfly? I don't know, but I think my metamorphosis is still on-going now :) Well, the intention to start a blog so that years down the road, I can look back and see what I've learned along the journey. But in life, things seldom go accordingly to plans - and that's a good thing! Along the way, the chatbox - a central feature of this blog - grew into a nice community of like-minded people whom I call my superfriends. Do we have superpowers? Nope, we're ordinary people in life, some struggling with work, some with school, but we choose to spend our limited life here, talking about life's inconveniences and of course, the stock market. In that sense, we're extraordinary people in our own rights.

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