SingTel

[CityFarmer]

India Telecom industry is having a storm now. Singtel has 32% holding of Bharti Airtel, will Singtel badly affected?

http://www.todayonline.com/Commentaryand...onnections

His accent is unmistakably Russian but Vsevolod Rozanov faces one of the toughest jobs in Indian business. The Chief Executive of Sistema Shyam TeleServices found his company's mobile phone licences abruptly cancelled by the Supreme Court this year, along with those of other foreign operators, including Telenor of Norway.

Both groups, like United Kingdom-based Vodafone and India's market leader, Bharti Airtel, must now choose whether to enter a hastily organised auction in November, potentially bidding more than Rs140 billion (S$3.14 billion) to win back their licences.
...

* more detail in the link above

[CityFarmer]

Lately saw Singtel undergoing some reorg on its structure, and buying into mobile advertisement co. Which i think probably not a bad thing, they start to realize being just a traditional network provider probably not for the long run. And now look for way to value add the package with more contents and services.

Hopefully they can execute it right. The wind has been turning with the mobile trend, old sms or line telephone or even IDD probably won't be profitable for too long.

I beg to differ on the acquisition of content biz co. for Singtel. IMO, It is rational to value-add into traditional telecom service with more content, but it can be done without directly owning the co. Partnering should be a more rational approach.

Singtel continue its acquisition of content service providers

http://info.sgx.com/webcoranncatth.nsf/V...E004D8014/$file/NR-20120920-AcqPixable-Incorp.pdf?openelement

Singapore Telecommunications Limited (SingTel) today announced that it has signed an agreement to acquire 100 per cent of Pixable Inc. for US$26.5 million. The company is known for its smartphone app that prioritises photos on social networks for consumers

[Nick]

SingTel's associate declared broke despite $7b assets

Telkomsel falls foul of 'outdated' Indonesian law on late debt payment

http://www.straitstimes.com/breaking-new...s-20120921 [Article]

http://www.cnbc.com/id/49111705 [CNBC Article]

(Not Vested)

[CityFarmer]

SingTel's associate declared broke despite $7b assets

Telkomsel falls foul of 'outdated' Indonesian law on late debt payment

http://www.straitstimes.com/breaking-new...s-20120921 [Article]

http://www.cnbc.com/id/49111705 [CNBC Article]

(Not Vested)

There are always more than market risks involved for Singtel to venture out of Singapore. Issues occurred in India, Indonesia and probably more to come.

[CityFarmer]

Quoting from latest interview of The Edge Singapore with Phillip Capital's Anthony Hoe (The head of Phillip GEMS Managed Account)

"We sold Singapore Telecommunications recently. It's is a good company but the share price has been range-bound, and it's very hard to go above $3.6"

This was exactly the reason i had divested two years ago.

[CityFarmer]

Another acquisition on mobile content provider

http://info.sgx.com/webcoranncatth.nsf/V...30031B141/$file/521-sgx.pdf?openelement

Acquisition and subscription of shares in TheMobileGamer Pte. Ltd. TMG is a platform provider that is in the business of aggregating, distributing, licensing and developing mobile gaming software

- Acquisition of S$1.8 million (approximately US$1.5 million)
- Subscription of 11,481,056 new Series B preferred shares at S$0.107 per share, i.e. ~$1.2 million

[CityFarmer]

Temasek sells up to 500 million shares in SingTel

http://www.channelnewsasia.com/stories/s...73/1/.html

Temasek Holdings is selling up to 500 million shares in Singapore Telecommunications Ltd (SingTel) to raise as much as US$1.34 billion.

A Temasek spokeperson has confirmed this sale, saying that Temasek rebalances their portfolio from time to time.

[KopiKat]

Temasek sells up to 500 million shares in SingTel

http://www.channelnewsasia.com/stories/s...73/1/.html

Temasek Holdings is selling up to 500 million shares in Singapore Telecommunications Ltd (SingTel) to raise as much as US$1.34 billion.

A Temasek spokeperson has confirmed this sale, saying that Temasek rebalances their portfolio from time to time.

Ah.. Finally! See post #41

what is happening to this company? Since I have started, I have never heard of Singtel going $3.49 and the cd is only $0.09.

In the past, after any such explainable price jumps, there's a high chance Temasek will placed out some of their SingTel shares at a 'discount' to the closing price.

PS. Mistake, should be unexplainable..

[CityFarmer]

Today announcement from Singtel with a slightly smaller divestment, 400 millions share instead of 500 millions share reported by Channel News Asia

http://info.sgx.com/webcorannc.nsf/Annou...endocument

Mr Market responded with approx -3.9% drop on Singtel share price.

[freedom]

Temasek sold @3.2, so Singtel must be trading @3.2.

no surprise.