Singapore Telecommunications

Singapore Telecommunications (SGT)

Stock Code

SGT

Stock Exchange

ax

Singapore Telecommunications (SGT) is a leading communication group providing telephony services, data and mobile communication services and postal services in Singapore. SingTel listed on the Singapore Exchange in November 1993, with a market capitalisation of over S$58 billion. SGT floated on the ASX on 10th September 2001 and to date it employs around 19,000 personnel globally. As at 31 March 2007, the Company had revenue up to US$8.41 billion. SGT operates in 37 cities located in 19 countries and territories across Asia Pacific, Europe and the United States.

SingTel Increases Net Profit


Australia's second largest telecommunications provider, SingTel (ASX:SGT), which owns Optus, has increased their net profit for the six months to September 30 to $345 million from $291 million for the previous corresponding financial period. The 18.6 percent lift in first half profit came from a growing mobile phone customer base as well as prudent cost management.

Singapore Telecommunications Dividends

1 September, 2010 - 13:40

Learn the dividend history for SINGAPORE TELECOMMUNICATIONS LIMITED.. Dividends are payments made by a public company to its shareholders. It is a portion of corporate profits paid out to stockholders. You are eligible to receive SGT dividends if you own the SINGAPORE TELECOMMUNICATIONS LIMITED. shares on the ex-dividend date. Investors and traders must purchase the stock before the exdividend date to be entitled to the dividend. The previous owner of the shares will receive the SGT dividend if you buy the stocks on or after the ex dividend date.

The Best Performing Stocks of the Week


Sigma Pharmaceuticals Limited (SIP), a company with focus on manufacturing, marketing and distribution of pharmaceutical products through drugstore and grocery channels was the best performer of the week in ASX200 with a gain of 37.1 percent closing the week at 48 cents (market capitalisation $565.7 million). The company traded its stocks for 35 cents last week.

SingTel Profits From Optus Result


Optus has delivered a $676 million net profit for the year to March 31 to its parent company SingTel (SGT). Net profit was up 15.9 percent which total revenue growing 7.5 percent to $8.9 billion. SingTel's own net profit was S$3.9 billion (A$3.1 billion), 13.3 percent stronger. A higher Aussie dollar increased revenue by 5 percent.

Singapore Telecommunications (SGT) Stock Recommendation


Merill Lynch have downgraded their rating for the Singapore Telecommunications (SGT) aka "SingTel" stock to Sell from Hold, Medium Risk. Their valuation on the company's stock is down by 12 percent to $2.37 and notes that the stock appears expensive and risks are on the downside.

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