(08-08-2014, 09:40 PM)greengiraffe Wrote: Was wondering why so much time being spent analysis a fixed income type of business?
If Starhub is trading half the price, may be worth spending time but now that it is trading at near all-time highs, I think better quality of time should be spent looking at other counters...
Vested
Long Term Investment
GG
(08-08-2014, 08:57 PM)CityFarmer Wrote: Kim Eng analyst report on the company, rating HOLD and TP $4.44
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Mobile star dimming
2Q14 results below, revenue guidance cut. Downgrade our least preferred telco to HOLD from BUY. TP cut to SGD4.44 (DCF, WACC 7.8%).
Sharp slowdown in mobile revenue growth as fall in voice/SMS offset data growth.
Broadband’s revenue free fall unlikely to end soon.
http://remisiers.org/cms_images/research...tarhub.pdf
I am kind of puzzle with your statement. Seems like your view is "since i buy low, i can continue be vested". Shouldn't it be based on today price to justify hold or not else you are in the opinion that losing the capital gained does not matter ?