M1

The smallest local Telco among the three .

NAV of $0.464.
Dividend of 11.4 cents.
Yield of 7.2% at current price of $1.59 looks rather attractive.

PE of 12.5x looks rather oversold.

Today price seems to have broken down the support level at $1.60. Looks rather bearish!

Short term wise, I think likely to see further selling down pressure.
It may likely retest $1.50 then $1.40/1.39 level.

It would be interesting to look at this counter if it ever goes down to $1.40 level. A super undervalue play that offers a good dividend yield of 8.1% if dividend can continue to payout at 11.4 cents .

This might offer a good level of accumulation.

Notva call to buy or sell.

Please do your own due diligence.

M1 Limited, together with its subsidiaries, provides mobile and fixed communications services to consumers and corporate customers in Singapore. It offers various voice, data, and value-added postpaid and prepaid mobile services on 4.5G/long term evolution advanced and 3G/high speed packet access; and international direct dial services to mobile and fixed-line customers. The company also trades in wholesale voice minutes with other international and local service providers, as well as provides dark fiber services to carriers and data centers. In addition, it offers various fiber broadband service plans, including fixed voice and other value-added services for residential customers; and a suite of mobile and fixed services, including symmetrical connectivity solutions, managed services, cloud solutions, cybersecurity solutions, Internet of Things, and data center services for corporate customers. Further, the company is involved in the retail sale of telecommunication equipment and accessories; provision of customer and remittances services; licensing of intellectual property rights; and provision of mobile malware detection solutions. It serves approximately 2.03 million customers through 11 M1 shop outlets and distributors, as well as online. The company was formerly known as MobileOne Limited and changed its name to M1 Limited in 2010. M1 Limited was founded in 1994 and is headquartered in Singapore.