Singtel Set to Benefit From Future Tailwinds -- Market Talk

Dow Jones
2025/08/14

0213 GMT - Singtel is set to benefit from future tailwinds after a strong 1Q, Maybank Securities' Hussaini Saifee says in a note. The Singapore telecom company's 1Q core business momentum was firm except in the Singapore mobile segment, but it could face a "silver lining" from upcoming consolidation, he says. Meanwhile, he sees signs of a turnaround in the earnings of associated companies Telkomsel and Globe Telecom. Indonesian telecom company Telkomsel's results are likely to reflect higher starter pack prices from 3Q, while Philippines-based Globe's mobile wallet service GCash remains a bright spot, he says. Associates account for about 70% of Singtel's earnings. He maintains a buy rating and S$4.30 target on the stock, which is down 0.3% at S$4.05. (megan.cheah@wsj.com)

 

(END) Dow Jones Newswires

August 13, 2025 22:13 ET (02:13 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10