Overview Report on M1 limited (Singapore)

M1 Limited is a Singapore based communications company. The Company’s segment includes the provision of telecommunications services, international call services and fixed servim1-limitedces, retail sales of telecommunication equipment and accessories, and customer services.  The Company operates its fourth generation long term evolution (4G/LTE), third generation (3G) and high speed packet access (HSPA), and second generation (2G) mobile networks across Singapore. The Company provides customers with a range of voice, data, and postpaid and prepaid mobile services. It offers International Direct Dial (IDD) services, as well as an International Calling Card service. The Company trades wholesale voice minutes with other international and local service providers, as well as provides dark fiber services to carriers and data centers. The Company offers a range of mobile and fixed services, including connectivity solutions, managed services, cloud solutions and data center services.

M1 & Starhub Express Interest In Mobile Network Cooperation.starhub_logo

M1 Limited and StarHub Mobile Pte Ltd signed a Memorandum of Understanding, to study potential further collaboration in mobile infrastructure sharing, with a focus on sharing radio access network, backhaul and access assets. The MOU was signed by Chief Executive Officer of M1, Ms Karen Kooi and Chief Executive Officer of StarHub, Mr Tan Tong Hai.

 As Singapore’s telecommunication industry gets ready to welcome a new player, the existing second and third telcos by market share have decided to explore options of working more closely together.

Fundamental outlook:

After continues price fall in share price of M1 limited this is the time for investor to invest money in M1 limited. As two big players of Singapore’s telecom industry have come together to capture the market. This collaboration will definitely going to help both parties in terms of revenue and market share.

After the news came out M1 limited stock price confirm the bullish trend with price target of 2.22 2.25 in next 34 weeks.

Technical Overview

m1-2

M1 Limited is moving up , it will brought to Resistance of 2.130. once level of 2.130 breaks then this counter will reach to next resistance of 2.250. On technical chart MACD & RSI showing bullish trend with next strong resistance of 2.250.

m1-tech

Technical Levels:

Stock Trend : Bullish

Resistance 1 : 2.130      Resistance 2 : 2.250

Support 1 : 2.010          Support 2 : 1.910

One can take a buying position in it with a target of 2.220 2.250 & Stop loss 2.010

General Disclaimers: This Research Report is prepared and distributed by MAsia Trade Consulting for information purposes only. The recommendations, if any, made herein are expression of views and/or opinions and should not be deemed or construed to be neither advice for the purpose of purchase or sale of any derivatives or any other Commodities through M-Asia Trade Consulting nor any solicitation or offering of any investment /trading opportunity in the respective Commodity(ies) referred to herein. These information / opinions / views are not meant to serve as a professional investment guide for the readers. No action is solicited based upon the information provided herein. Recipients of this Report should rely on information/data arising out of their own investigations. Readers are advised to seek independent professional advice and arrive at an informed trading/investment decision before executing any trades or making any investments. This Report has been prepared on the basis of publicly available information, internally developed data and other sources believed by M-Asia Trade Consulting to be reliable. M-Asia Trade Consulting or its directors, employees, affiliates or representatives do not assume any responsibility for, or warrant the accuracy, completeness, adequacy and reliability of such information / opinions / views. While due care has been taken to ensure that the disclosures and opinions given are fair and reasonable, none of the directors, employees, affiliates or representatives of M-Asia Trade Consulting shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits arising in any way whatsoever from the information / opinions / views contained in this Report.

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