DBS Group Research is looking after its "completely esteemed" rating on M1 and StarHub at target costs of $1.97 and $2.80 individually - while certifying that either MyRepublic or TPG Telecom will rise as Singapore's fourth telco.
In a note last Thursday, investigator Sachin Mittal recaps how the two telco hopefuls have been pre-qualified by the controller, Info-comm Media Development Authority (IMDA), to offer for the New Entrant Spectrum Auction (NESA).
SGX Market Hot Stock of the Day :
- SIA
- Hyflux
- Genting
- StarHub
Our SGX Stock Recommendations :
- SGX INTRADAY SIGNAL: BUY SEMBCORP AT 1.37 TARGET 1.41, 1.46 SL 1.32……
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