Saturday, July 22, 2017

StarHub Ltd. Weekly update





COMPANY DESCRIPTION
StarHub Ltd., an integrated info-communications company, provides information, communication, and entertainment services for consumer and corporate markets in Singapore.

It operates a mobile network that provides 4G, 3G, and 2G services; and manages an HFC network that delivers multi-channel pay TV services, including HDTV, Internet TV, and on-demand services, as well as ultra-high speed residential broadband services.

The company also provides business solutions comprising mobile plans; mobile value-added and roaming services; office broadband, enterprise Internet, and wireless solutions; office line solutions, such as integrated services digital network, SIP voice, PBX, and unified and business fiber; conferencing, international calling, directory enquiry, and unified communications-as-a-service solution services; data connectivity solutions; Internet and IP solutions; and business voice and IDD solutions. In addition, the company offers data center and cloud computing solutions; and wholesale and carrier services.

Further, it offers subscription television and television broadcasting services. The company was founded in 1998 and is based in Singapore. StarHub Ltd. is a subsidiary of Asia Mobile Holdings Pte. Ltd.
 


OVERVIEW

Previous Open Price
S$ 2.72
Previous Day High/Low
S$ 2.74-$ 2.71
Previous Day Volume
1.903
Previous Close
S$ 2.74
Previous Close Date
21/Jul/2017
Ordinary Shares (‘000)
1728.93mm
Beta
0.425
Total Market Cap
S$ 4737.26mm
52 Week High/Low
S$ 3.95-S$ 0.2.69
Float
32.8 %

VALUATION

Price/Book Value
18.32
P/E Ratio
14.73
Dividend Yield
6.93%
EV/EBITDA
8.384

FINANCIAL

Debt/EBITDA
1.551
Cap Ex
S$ (358.6)mm
Total Debt
S$ 987.5 mm
EBIT
S$401.4 mm
Enterprise Value
S$ 5223.56 mm
Total Revenue
S$ 2398.1 mm
Total Assets
S$ 2268.9 mm
Net Income
S$ 321.7 mm
Cash & ST Investments
S$401.2 mm
EBITDA
S$ 636.6 mm

Rationale Behind Signal
STARHUB (CC3-SES)

Stock is now bouncing from bottom on chart and may bounce if it break the level of 2.74. if we analyze daily chart of stock it has recently broke recent consolidation, immediate resistance was placed at 2.74 if it manages to sustain above this level we can expect further targets of 2.85

Suggest midterm investors to pick stock at current price 2.75-2.74. Stock has a major support of 2.65 .

Overlays:

Bollinger Band: Stock has crossed the mid band on 2.73 & now trading @ 2.74.

Indicator & Oscillator

MACD- MACD momentum above Signal line which is indicating bullish signal.
RSI –Relative strength Index broken 50 and sustaining above the level giving confirmation to positive trend.
Stochastic: K% Crossed D% which indicates bounce from bottom.

BUY STARHUB AT 2.74 WITH SL OF 2.65 TP 2.85
 

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