- SingTel announced exceptional non-cash impairment provisions of around S$3.1 bn in 2HFY24. As a result, SingTel will report a net loss in 2H24.
SingTel's S$3.1bn of non-cash impairment, largely from Australia
- - Read this at SGinvestors.io -
- Optus enterprise fixed assets: S$470mil
- Asia Pacific Cyber Security goodwill: S$340mil
- NCS Australia: S$280mil
No impact to SingTel's dividend
- - Read this at SGinvestors.io -
Network sharing agreement between Optus & TPG Telecom
- Read more at SGinvestors.io.
Above is the excerpt from report by Phillip Securities Research.
Clients of Phillip Capital may be the first to access the full report in PDF @ https://www.stocksbnb.com/.
Paul Chew Phillip Securities Research | https://www.stocksbnb.com/ 2024-05-02
Read also Phillip's most recent report:
2024-09-01 SingTel - Eyeballing Cost & AI Opportunity.
Previous report by Phillip:
2024-08-19 SingTel - Prices Are Up, Costs Down, But Currency Headwind.
Price targets by 4 other brokers at SingTel Target Prices.
Listing of research reports at SingTel Analyst Reports.
Relevant links:
SingTel Share Price History,
SingTel Announcements,
SingTel Dividends & Corporate Actions,
SingTel News Articles