Singtel and StarHub lost it?

Both Singtel and Starhub are majority owned by Temasek Holdings, either directly or indirectly.

Both share prices are less than desirable.

Counter 31/12/2019 31/12/2020 Change 8/4/2021
SingTel 3.37 2.31 -31.5% 2.44
StarHub 1.42 1.31 -7.7% 1.31

Singtel lost 31.5% in 2020. Starhub lost 7.7% over the same period. Starhub was better than Singtel.

But then Starhub had already lost 65.4% from 2012 to 2020. Singtel lost 30.0%. Starhub was worse off from the start.

Counter 31/12/2012 31/12/2020 Change
StarHub 3.79 1.31 -65.4%
SingTel 3.30 2.31 -30.0%

Some key ratios extracted from SGX web pages:

Counter Price to Book Value Price to Earnings Dividend Yield
StarHub 4.210 14.569 5.344%
SingTel 1.496 24.113 4.289%

The good thing going for them is that they are still declaring dividends.

The current share prices are:

Counter 31/12/2020 8/4/2021
SingTel 2.31 2.44
StarHub 1.31 1.31

Copyright © 2021, limkimtong for Living Investment

The material presented is intended to be general and written in layman’s language as much as it is possible. The author shall not be liable for any direct or consequential loss arising from any use of material written. Please seek professional advice from your financial advisor or financial institutions on material written covering financial matters.

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