First week of the second month of the new quarter is where Netlink Trust, Starhub and Singtel will likely to announce the results.
Netlink Trust is on the highs vs Starhub is on the lows. Singtel is on the downtrend though not the year lows. Netlink is hovering in the nineties, Singtel is at 3.2 and Starhub at 1.3.
Singtel volume has been quite healthy recently vs the start of 2019. There is a possibility that there is interest in this stock. Probably, there may be some interesting announcement in the quarterly results.
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| Singtel Stock Chart |
Let see what the analyst say about the target price. Most of these analysts have a higher target price than what it is today. On an average, it appears to around 3.4 as the target number
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| Singtel Target price |
Starhub has a different tale. It is at its lows. The main question in most investor is that where is the floor. Volume is extremely low. This a concern. There is a couple of 5 cents spurt for a short term trade may happen again since it is now at 1.29.
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| Starhub Stock Chart |
The analysts are still still presenting a higher target price than what it is trading today. The average is around 1.5. Unlikely, Singtel, most suggest a hold for now. It is based on the last quarter's result.
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| Starhub Target Price |
Netlink Trust is the shining star for the moment. Probably, it is a trust stock that pays regular dividends with predictable costs. Volume have ramp up. It is a defensive stock in volatile times.
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| Netlink Trust Stock Chart |
The analysts are positive for this stock. There may be a couple of cents upside.
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| Netlink Trust Target Price |
If you are risk adverse, the NetTrust may look safe, but I think telco stocks still have legs. Let see what happens when the results is release in November. Between Starhub and Singtel, if you are betting person Starhub looks cheap.
Please see my disclaimer in my blog...
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