Tuas Looks Well Placed to Further Disrupt Singapore Telcos -- Market Talk

Dow Jones09-25

0406 GMT - Tuas's stronger-than-expected annual result supports the view of its bulls at Morgan Stanley that it is well placed to further disrupt Singapore's telecommunications market. The investment bank's analysts tell clients in a note that the Australia-listed company's tight-cost, low-price model is resonating with more customers than they had initially anticipated, adding that they thought that mobile subscriber growth would have slowed by now. They also see reasons to think that Tuas could represent its success with mobile in Singapore's broadband market. MS raises its target price by 28% to A$5.50 and stays overweight on the stock, which is down 0.8% at A$4.77. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

September 25, 2024 00:06 ET (04:06 GMT)

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They also see reasons to think that Tuas could represent its success with mobile in Singapore's broadband market. MS raises its target price by 28% to A$5.50 and stays overweight on the stock, which is down 0.8% at A$4.77. 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The investment ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0106831901.USD","symbol_name":"贝莱德世界金融基金A2","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2470930405","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2470930405","pubTimestamp":1727237160,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0406 GMT - Tuas's stronger-than-expected annual result supports the view of its bulls at Morgan Stanley that it is well placed to further disrupt Singapore's telecommunications market. 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