Post Reply
61-80 of 1259
It is said that the best traders are those who isolate themselves (eg. in a yacht far out at sea)
and trade without being influenced by any noise or opinions, and concentrating only on the chart...
rutheone1905 ( Date: 07-Sep-2012 11:05) Posted:
|
Agree.
steadylar ( Date: 07-Sep-2012 13:25) Posted:
|
TA can be manipulated esp with low volume. It's crazy to buy at current price, esp when the CEO and another director recently sold some shares, but i also wont short until the BBs start to short. If in doubt do nothing and keep your capital safe.
the obvious problem with TA is totally oblivious of events........
just sharing my views on starhub. i will look to short once it closes below 3.65. goodluck!
More details on my blog
finally the number changed to green~~
This CIMB report could be the reason why price spiked today. CIMB is speculating dividends to increase from 20 cts to 22 cts next year.
| StarHub ripe for capital management: CIMB |
| Written by Dow Jones & Co, Inc | ||
| Wednesday, 05 September 2012 12:47 | ||
|
StarHub’s plan to issue a $220 million bond may be a step toward a special dividend or increasing its dividend payout, CIMB says. “This reinforces our view that StarHub is ripe for capital management given its low and rapidly-falling gearing level.” It views the issuance as useful given the impending spectrum auction for 4G service, probably in 1H13 it estimates the spectrum could cost $138 million if the auction proceeds. It keeps an Outperform call with $3.90 target, tipping it as its top Singapore telco pick and a preferred regional pick. “Although StarHub’s existing dividend yield of 5.6%, one of the highest among its regional peers, is already quite attractive, we assume DPS will rise to 22 cents in FY13, implying an even more impressive yield of 6.6%.” The stock is up 1.1% at $3.69, outperforming the STI’s 0.5% decline. |
Apologies for the mess during cut-and-paste from SGX website. Here's the edited version:
STARHUB LTD PRICES S$220 MILLION 3.08% FIXED RATE NOTES DUE 2022
TO BE ISSUED PURSUANT TO ITS S$1,000,000,000
MULTICURRENCY MEDIUM TERM NOTE PROGRAMME Date of announcement: 4 September 2012
StarHub Ltd, and together with its subsidiaries, the (" StarHub Group" ) wishes to
announce that it intends to issue S$220 million 3.08% fixed rate notes due 2022.
The Notes will be issued under the S$1,000,000,000 Multicurrency Medium Term Note
Programme established by StarHub on 23 September 2011. Australia
and New Zealand Banking Group Limited and DBS Bank Ltd. have been appointed to act as the
joint lead managers and joint bookrunners for the issue of the Notes.
STARHUB LTD PRICES S$220 MILLION 3.08% FIXED RATE NOTES DUE 2022
TO BE ISSUED PURSUANT TO ITS S$1,000,000,000
MULTICURRENCY MEDIUM TERM NOTE PROGRAMME
StarHub Ltd ("
announce that it intends to issue S$220 million 3.08% fixed rate notes due 2022 (the "
The Notes will be issued under the S$1,000,000,000 Multicurrency Medium Term Note
Programme established by StarHub on 23 September 2011 (the "
and New Zealand Banking Group Limited and DBS Bank Ltd. have been appointed to act as the
joint lead managers and joint bookrunners for the issue of the Notes.
StarHub" , and together with its subsidiaries, the " StarHub Group" ) wishes toNotes" ).MTN Programme" ). AustraliaDate of announcement: 4 September 2012
Update....
|
Starhub ST: eye 3.32
Trading Central | 2012-09-03 01:19:00
Alternative scenario: the upside breakout of 3.75 would call for 3.9 and 3.99. Our pivot point stands at 3.75. Our preference: eye 3.32. Alternative scenario: above 3.75, look for 3.9 and 3.99. Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the stock is below its 20 day MA (3.67) but above its 50 day MA (3.6). Supports and resistances: 3.9 * 3.75 ** 3.69 3.61 last 3.41 3.32 ** 3.23 * Copyright 1999 - 2012 TRADING CENTRAL 
|
Starhub and singtel have remained very weak as the EPL bidding process approaches, and both facing higher subsidy costs with the subscription of new Apple product in Sept.......
Today starhub briefly hit 3.63 resistence and closed 3.61. Watch whether it can hold above 3.63 next week, if cannot, will likely retreat towards 3.43, then 3.30
Q3 results and dividends will be out in Nov.
At 3.61 closing today, PE 19.6X which makes it the most expensive telco among the 3 listed on SGX.
EPS 18.4 cts
NAV 1.5cts (PB 240X)
Yield 5.5% pa
Non-executive Director Steven Terrell Clontz had sold 800,000 shares in the open mkt on 28 & 29 June, and 2 July 2012.
Latest copy of The Edge, page 38:
Stauhub CEO Neil Montefiore sold 420,000 shares in the open mkt on 21 Aug 2012.
I'm posting updates on the upcoming EPL bidding to warn everyone to be careful not to chase singtel and starhub, unless you are a long term investor. If you look at the charts, they are telling you something.....
In Sep/Oct 2009 both telcos prices went on a roller coaster ride when the bidding price was announced!
(Not an inducement to long or short, trade at your own risk.)
Telco war for fans' wallets
04:45 AM Aug 14, 2012
by Ian De Cotta , TODAY
Earlier this year, when I was in London, I went searching for a pub that had live screenings of English Premier League (EPL) matches. It was in vain. Each one within walking distance of my hotel had anything but that.
It was amusing, because in Singapore we are spoilt for choice.
EPL action is a staple in most pubs here, and at S$34.90 a month, you can watch it at home, usually bundled with a range of other sports programmes.
In Britain, home subscription cost a hefty £78 (S$150) a month for far fewer EPL matches last season, and it will cost more when the 2012-13 campaign starts this weekend.
BSkyB raised the rates after they, along with British Telecom (BT), bid a total of £3 billion in June to secure rights for the next three years, or 70 per cent more than what it cost in 2009.
And this was after BSkyB and ITV had forked out £400 million for the UEFA Champions League for as many seasons, starting next month.
Outside the United Kingdom, Singapore pays a premium, believed to be the highest, for EPL TV rights.
This peaked when SingTel's mio TV reportedly paid S$400 million to outbid StarHub as exclusive broadcasters for three years from 2010.
Bidding for the 2013-14 season onwards is set to conclude before the end of this year, and another crunching face-off between the two pay TV rivals is on the cards.
They are also slugging it out for the Champions League, as SingTel's three-year contract has expired.
The two contests could potentially change the landscape for pay TV here - in the price of sports channels and our access to top-quality football.
The signs are already there, if the two telcos' lukewarm interest in other football competitions is any measure.
After months of wrangling, media rights owner MP & Silva only signed mio TV at the 11th hour for last Sunday's Community Shield, and have yet to ink any deal for the rights to their other two properties, the FA Cup and England internationals.
These properties pale in comparison to the EPL and Champions League and the telcos must be shoring up their war chests for football's two crown jewels.
They are prepared to first go for exclusivity, despite cross-carriage laws requiring telcos to offer such content to subscribers of rival camps willing to pay for them, because there are benefits.
June's Euro 2012, the first exclusive content to come under these rules, gave StarHub unfettered access to promote their products to mio TV customers who bought into the tournament.
A small downside is the fee that StarHub had to pay SingTel to carry their live feeds, but industry observers said the amount had to be reasonable lest it breached the cross-carriage rules.
And there is the fight for eyeballs.
SingTel went all out for the EPL previously because they wanted to boost their mio TV subscriber base of 100,000. That base has since jumped to 350,000 but still trails StarHub's 550,000.
But if the BSkyB and BT bid points to an upward spiral for EPL rights, then even if the two Singapore telcos opt for non-exclusive bids, the result will still be a new record payout to the Premier League.
The cost for the Champions League, though priced much lower, is still significant and will leave SingTel and StarHub without much appetite to buy the entire package of FA Cup and England games.
An increase in subscription rates for sports channels is also certain, if not soon then within the next year or so.
Must subscribers be at the mercy of telcos? What happened to the maxim " the customer is king" ?
So far, the increase in subscriptions is a tacit acknowledgement by fans that prices are well within their threshold limit. What will the ceiling be - S$40, S$70 or S$100 a month?
Until subscription levels to EPL matches start reversing in significant numbers, the telcos hold the aces.
URL http://www.todayonline.com/Sports/EDC120814-0000015/Telco-war-for-fans-wallets
Copyright 2012 MediaCorp Pte Ltd | All Rights Reserved
It's price skyrocketed surpassing expectation beyong valuation. At some point, yield doesnt look attractive anymore and some may choose to take profit off the table. Nothing unusual here.
1419242 ( Date: 12-Aug-2012 02:30) Posted:
|