NetLink NBN Trust (NetLink Trust)

Netlink NBN Trust reports 12.4% growth in 1Q21 profit after tax to $23.5 mil in business update

Results

Netlink NBN Trust reports 12.4% growth in 1Q21 profit after tax to $23.5 mil in business update

The manager of Netlink NBN Trust has reported a 12.4% growth in profit after tax (PAT) of $23.5 million for 1Q21 ended June, from $20.9 million a year ago.

Netlink NBN declares DPU of 2.53 cents for 2HFY20

Results

Netlink NBN declares DPU of 2.53 cents for 2HFY20

SINGAPORE (May 6): Netlink NBN Trust has declared a distribution per unit (DPU) of 2.53 cents for the six months ended March 30, which brings full year distribution to 5.05 cents, up 3.5%

Investing ideas

Analysts stay positive on incumbent telcos even as TPG rolls out commercial launch

SINGAPORE (Apr 1): TPG Telecom on March 31 rolled out its long-awaited commercial launch, unveiling a SIM-only plan at $10 a month for 50GB of data.

Markets

Mapletree Logistics Trust added to STI; Golden Agri-Resources dropped

SINGAPORE (Dec 5): Mapletree Logistics Trust (MLT) will be added as a constituent of the benchmark Straits Times Index (STI) – replacing Golden Agri-Resources (GAR) – in the only change following a

Broker's Calls

Brokers Digest 907

Manulife US REIT 

Price targets: 

US$1.05 BUY (Maybank Kim Eng Research) 

US$1.00 BUY (RHB Group Research) 

Investing ideas

NetLink Trust kept at 'buy' by 5 houses on earnings visibility and 5G potential

SINGAPORE (Nov 6): All five research reports sighted by The Edge Singapore this week have maintained their “buy” calls on NetLink NBN Trust (NetLink Trust) after its 2Q20 results announcement on No

Investing ideas

Clarity on Netlink Trust’s stance in 5G rollout a potential catalyst

SINGAPORE (Aug 8): Netlink Trust (NLT) reported 1Q20 earnings of $20.9 million, up 10% from a year ago led by higher revenue and EBITDA margin.

Results

NetLink Trust reports 10% rise in 1Q earnings to $20.9 mil

SINGAPORE (Aug 5): NetLink NBN Trust reported 1Q20 earnings ended June of $20.9 million, 10% higher compared to the 1Q19 earnings of $19 million a year ago.

Global Markets

Trade war tensions continue to rise, earnings season brings mixed results

SINGAPORE (May 20): Tensions between Washington and Beijing continue to rise as US President Donald Trump shows no inclination to de-escalate the country’s trade war with China.

Sector Focus

As US-China tussle over 5G intensifies, dividends of local telcos come under pressure

SINGAPORE (Feb 18): Huawei Technologies Co and the 5G, or fifth-generation, mobile network has been grabbing headlines.

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