NetLink NBN Trust: Steady Growth Ahead? | The Investing Iguana π¦
π© Are you looking for a stable investment opportunity in Singapore's high-speed internet space? Look no further than NetLink NBN Trust! In this video, Iggy the Investing Iguana dives deep into NetLink NBN Trust's latest financial results and explains why this company is poised for steady growth in the years to come. $NetLink NBN Tr(CJLU.SI)$
NetLink NBN Trust owns and operates the fiber network infrastructure that keeps Singapore connected. With over 1.5 million residential connections and growing, this company is a key player in the nation's digital landscape.
In the latest financial report, NetLink NBN Trust posted a distribution per unit (DPU) of 2.65 cents for the second half of the 2024 financial year, a 1.1% increase compared to the same period last year. The full-year payout came in at 5.3 cents per unit, also a 1.1% increase. While profit dipped slightly, revenue grew by a healthy 4.9% for the full year.
So what does this mean for investors? Tune in as Iggy breaks down the numbers and shares his insights on why NetLink NBN Trust's resilient business model and predictable revenue streams make it a compelling investment opportunity.
π Make sure to SUBSCRIBE and turn on notifications, so you never miss any of our videos: https://www.youtube.com/@InvestingIguana?sub_confirmation=1
π³ Sign up for Tiger Debit Card (We Both Earn $5) https://shorturl.at/dhjRS
π Tiger Brokers SG: https://tigr.link/6pVnKR
π Or CHECK OUT the articles at the Investing Iguana Blog: https://www.investingiguana.com/
π₯ Remember, always conduct your own research and consult a financial advisor before making any investment decisions. Happy investing, and see you in the next episode!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
