Sunday, August 6, 2017

M1 STOCK: WORTH A BUY?

M1 stock Dear readers, let us get an update on M1 stock. Ever since the key investors of M1 decided to call of the Strategic Review of the company, M1 stock price has declined to the current low price of $1.78 per share which is just a notch above the 52-week low price of $1.775. Is this an attractive price? Well it is hard to tell thought the SGX consensus price for M1 stock is $1.853 which means a potential profit margin of 3.3%.


At the current price, M1 stock is trading at 6.25% dividend yield and at a Price-to-Earnings ratio of 12.2. Technically, M1 stock price seems to have consolidated though it is still too early to guess whether the price will head north. I think there are really better stocks out there beside telecom stocks. Given a choice to invest in telecom stocks, I would prefer a candidate with more diversified revenue base and a larger market clout. Obviously, my choice is Singtel stock. Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.
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