Personal Finance
Why SINGTEL AND STARHUB stock price may rebound!
By The Astute Parent  •  July 13, 2021
Introduction With the launch of 5G, fifth generation technology communications network. It will revolutionise connectivity, being much faster and has a more extensive application. It can be used to power machine learning, healthcare, cars, healthcare and IoT (Internet of things). Singapore is transitioning itself into a smart nation. Hence, 5G will be a key driver of growth in the future. However, why are Singapore listed telecommunication companies in distress? This is reflected in the falling stock prices over the years. In this article, we will discuss if we could see a rebound in 2 of the largest telco companies in Singapore. Singtel and Starhub are considerably cheap. Both these two telcos are asset heavy. Looking at their 5y P/B, they are trading near it's all time low.  Singtel has a P/B of 1.43 while Starhub has a P/B of 3.96. If you pull up share price charts, you can see...
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By The Astute Parent
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