22-03-2017, 11:21 AM
Generally, Mr. Market is expecting the "buyer" is the Starhub(?). I am skeptical on the thought. A merger of Starhub and M1, is too high a stake, with their redundancy in fixed assets. The "buyer" is most likely from outside, IMHO
The valuation varies, depending on the scenario. Competition should be the key factor in the valuation, which is only clear after we know the "buyer".
Limited upside for M1, analysts say, amid talk of possible sale
22 Mar 2017 09:00
By Cai Haoxiang
AMID takeover speculation for telco M1, analysts continued to debate how much of a premium a potential buyer would pay. Valuations ranged widely from S$1.58 to S$2.74.
Some pointed out that the stock is unattractive due to stiff competition in Singapore's saturated telco scene. Others wondered if fellow competitor StarHub could merge with it.
Source: Business Times
The valuation varies, depending on the scenario. Competition should be the key factor in the valuation, which is only clear after we know the "buyer".
Limited upside for M1, analysts say, amid talk of possible sale
22 Mar 2017 09:00
By Cai Haoxiang
AMID takeover speculation for telco M1, analysts continued to debate how much of a premium a potential buyer would pay. Valuations ranged widely from S$1.58 to S$2.74.
Some pointed out that the stock is unattractive due to stiff competition in Singapore's saturated telco scene. Others wondered if fellow competitor StarHub could merge with it.
Source: Business Times