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Thursday, August 15, 2024

NetLink NBN Tr - She has managed to clear the resistance at 85.5 cents and is now trading at 86 to 86.5 cents , looks rather bullish and may rise up further towards 87.5 than 91 cents.

  NetLink NBN Tr  - She has managed to clear the resistance at 85.5 cents and is now trading at 86 to 86.5 cents , looks rather bullish and may rise up further towards 87.5 than 91 cents. 



Pls dyodd.


NetLink NBN Tr  - 1st quarter results update is out! Gross Revenue is down 2.9 percent to 100.9m .




Net profit is down 9.1 percent to 25.7m. The results is so so! It wont affect the dividend payout! 


23rd July 2024:

During AGM, you will know how the CEO, Chairman and CFO present themselves and see whether how much they know about their businesses! The most  crucial part is how they handle and reply those questions being raised by the shareholders!


 These are insightful information you wouldnt be able to know from their annual reports! Is important and meaningful for shareholders/investors to attend AGM and know the company is being run by the management team! You will be able to judge for yourself whether are they capable to run the company perhaps give you an idea whether is it worthwhile for one to invest!

NetLink NBN AGM - after attended the AGM , I am able to get some information how this company is being run by the group of management team! Stable and resilient business model that is able to generate sufficiently  and healthy cash flow to maintain their yearly dividend paid put of 5.3 cents which was about 205m. Is pretty normal for their NAV to decrease as their assets like Fibre and Manholes will depreciate! More importantly,  they are able to growth and generate healthy cash flow ! 

Y2025, dividend likely maintain the same as Y2024.

At 84.5 cents, yield is quite good at 6.27%. I would say this is one of the few dividend counter that is good to have for long term passive income consideration! Pls dyodd.

No food but drinks like hot coffee, tea and mineral water are provided! 


Their business review:



Key Focus for Y2025:


Financial numbers for Y2024:




 NetLink AGM - AGM is on 23rd July 2 PM. 1st quarter results update will be out on 2nd Aug 2024! Do take note! 

The meeting is located at :

Time - 2 PM

STEPHEN RIADY AUDITORIUM, NTUC CENTRE NO. 1 MARINA BOULEVARD, LEVEL 7 ONE MARINA BOULEVARD SINGAPORE 018989.





Here is the snapshot of the Q&A being submitted and received from the management!  These information might be quite helpful! 





1st July 2024 update:

 NetLink NBN Tr  - The company director bought 100000 share at 83 cents a few days ago which might be an indication the price is undervalued! 



Pls dyodd.  

 NetLink NBN Tr  - After XD, the price has corrected from 86.5 to close at 83.5 cents to cover the dividend payout of 2.65 cents, seems fairly reasonable!



 At 83.5 cents, yield is quite good at more than 6 pecent (yearly dividend of 5.3 cents) The one and only appointed Fibre installation and activation company! Pls dyodd.  


 NetLink NBN Tr  - The director bought 100000 share at 86.5 cents this might be telling usbthe share price is attractive! Pls dyodd.  

https://links.sgx.com/1.0.0/corporate-announcements/R6NT84CC031PFTNK/76ec06e00bb2febef18d46ae3fb720b6f447da7e11956140a00cce1580ef90d7


She may rise up to test 91.5 cents .


 NetLink NBN Tr  - 2nd Half results is out! Gross Revenue is up 1 percent to 206m. Net profit is down 8 percent to 50.3m due to higher finance costs etc!



 Healthy cash flow of 288.6m ! Dividend of 2.65 cents is 1.1 percent higher than last year 2.62 cents. 



The Group generated Net cash from Ops of 288.6m of which I think is sufficiently able cover the dividend payout annually at 206.5m. 

XD 29 May.

Pay date 12 June.

Yield is about 6.13% at 86.5 cents.

Pls dyodd. 


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