Buy @ $2.07. Keep dropping with every buy! Yield @ 7.333% ; PE @ 11.35. Key risks are that it’s focussed only on domestic mkt (may be a good thing if worldwide recession happens but domestic mkt is affected to a lesser extent) and have declining mkt share (losing to SingTel and StarHub who are able to offer more attractive package deals eg. mio, CableTV,..). If stuck, then keep as yield replacement for ComfortDelgro. Seller code ’82’ – Morgan Stanley, selling in small lots each time, so that they can trick small investors like me to hold their baby! 😉
Key dates – 10Apr : xd for 8.3ct ; 18Apr : Q1 Results.