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Monday, April 20, 2015

M1, a relatively stable Blue Chip Stock

M1 is relatively stable, given its consistent payout of dividends and rolling out of its 4G network. Although it only focuses on non-tv business, it experienced a healthy net profit growth of 6.6% in its 1st quarter of 2015 as compared to 2014.

It reduced its borrowing from $52 million to $3.8 million, a 92% reduction and also see its cash flow reduced by 83% from 103.9 million to $17.8 million.

Without the need to concentrate on TV business unlike Starhub and Singtel, it should have more resources to its 3 core services namely Mobile telecommunications, International call services and fixed services.


7 comments:

  1. Hi Lancelot

    What do you think of its current valuation in the market? Do you think they deserve a buy at current price?

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    Replies
    1. yes current price seems attractive. Director bought back at average of 3.33.

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  2. now days very slow movement in blue chip you can get more updates about this market and getting best Singapore stock recommendations for best result.

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  3. I have invested in blue chip stocks as suggested by my broker and is really a good investment with intraday SGX signals as well as other stocks tips.

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  4. Now that the telco's have dropped in price due to the possible entry of a 4th telco, is it a good time to start buying up its shares?

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    Replies
    1. why not? dividend yield of 5%, heathy debt levels and positive cashflow.

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