Elevator Pitch
I maintain a Neutral rating on Singapore-listed telecommunication services operator StarHub Ltd. (Starhub) (SRHBF) (SRHBY) [STH:SP].
This is an update of my prior article on Starhub published on May 18, 2020. Starhub's share price has declined by -12% from S$1.39 as of May 15, 2020, to S$1.22 as of August 27, 2020, since my last update. Starhub trades at 5.9 times consensus forward next twelve months EV/EBITDA, and it offers a consensus FY 2020 dividend yield of 5.2%.
Peter Kaliaropoulos is retiring as CEO after two years at the helm, and a key