Category: StarHub

Sell @ $3.00

Contra off as due… Hit a hi of $3.03, closing at $3.02… Results on 3-Feb, potential risk of Dividend Guidance for next FY due to weaker FCF from 4th Telco competition… 😀

Buy @ $2.98, $2.96

M1 results out last evening… Div 5.9ct, reduced from 8.3ct… But, from 9M EPS, based on 80% payout, the projected DPS (using Q4 EPS to be same as Q3) would have been close, at aro 6ct… Perhaps mkt was expecting better EPS or 100% Payout (like FY14)?  😀

• M1 -12ct @ $2.05
• Starhub -14ct @ $2.96
• Singtel +2ct @ $3.86
• STI -2.01 @ 3039.94

Looking at Starhub 9M data, FCF is going to be lower than Div = 20ct, mainly due to the $80M for Spectrum license. The risk is high for a lower DPS for next FY eg. reduce to 4.5ct… If so, Yield is aro 6% at current prices… same as M1… The bigger risk is the impact of 4th TELCO… even before it starts to operate, defensive measures like price reduction for extra data, may already be eroding their EPS…

Sell @ $3.46

Take profit first for my only profitable lots… With 4th TELCO tender now open and 3 potential bidders, there'll definitely be volatility for TELCO stocks… 😀

Buy @ $3.39

Switch over from M1… May become expensive thrills… 😀

Buy @ $3.66

Continue to buy back as it drops… 😀

Buy @ $3.75, $3.74

Add back to my portfolio… TELCO fears must be back… 😀

Sell @ $3.80

Contra off both buys… no more left… 😀

Buy @ $3.74

Average down… enuff for now??  😀

Buy @ $3.77

Add back to my portfolio…. Treat my last sell as a "short" if stuck… Closed @ $3.75, -10ct…. Perhaps fears are coming back as 4th Telco tender is coming soon… only a week+… 😀

Sell @ $3.95

My last lots… at a loss, even after Div = 20ct collected for one year… Keep my TELCO exposure balanced as I'd added more M1 recently… 😀