After the announcement of losing the bid of EPL Channel(Expire in August 2010) Starhub share price down from the high of 2.32Sgd in August to 1.97Sgd, A huge retracement.
Actually what is the real impact of losing this to the company, according to their revenue projection for next 3 years Starhub may lose 100Mil in term of Revenue every year from the date of expiry of the licence. Starhub revenue is 2127Mil a year and 100 mil represent of <5% of their revenue becuase their major revenue contribute from the mobile phone business follow by boardband and fiber optic business and etc......(Chk the Annual revenue report)
Some key ratios.
Profitability Ratios
Gross Profit Margin (%) 63.227
Operating Profit Margin (%) 19.236
Net Profit Margin (%) 14.632
Pretax Margin (%) 18.632
For investor, Will this be a good investment share?? For Trader, will this be a good timing to buy some cheap stock? Take note that the 52wks high is 2.6Sgd so when everyone fearfull it may be the time to buy in according the Mr.W.Buffett.
So what say you??
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