Shares & Derivatives
NetLink NBN Trust (SGX: CJLU): 2023 Third Quarter Business Update
By ViresInSolitudine  •  March 25, 2023

On 30 January 2023, NetLink NBN Trust (“NLNT”) recently announced their 2023 third quarter business update. Their results have shown to be stable, and the share price have been relatively unchanged over the last few months. They are well-positioned to ride through recession and inflation.

However there are some short-term risks in 2023 which investors need to take note of. This includes the pending results of the IMDA review which should be concluded over the next few months, which I have detailed them under “Key things to note”.

Website: General Announcement::Notification Of Media Release & Analyst Update For The Third Quarter Ended 31 December 2022 Photo source: https://fifthperson.com/2019-netlink-trust-agm/

Background

NLNT was established in 2017 primarily for the purpose of owning all of the units of NetLink Trust (“NLT”), through which NLNT owns the only nationwide fibre network supporting Singapore’s Next Generation Nationwide Broadband Network (“Next Gen NBN”).

NLNT

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By ViresInSolitudine
I am an ex-auditor. I tend to adopt a more skeptical view and downplay what Companies like to project themselves as.
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