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Balancing the potential of Singtel’s ambitious 3-year strategy with ‘hidden’ risks

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Singtel’s share price has risen to its highest in almost 11 months, up 9.5 per cent to $2.64 for the week ending June 21.

So far, analysts have been positive about Singtel’s three-year plan, says the writer.

PHOTO: ST FILE

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SINGAPORE – When Singtel released its full-year results in late May, it also unveiled its next strategic plan – dubbed Singtel28 (ST28) – that focuses on “sustained value realisation”.

So far, analysts have been overwhelmingly positive about the three-year plan. Some 12 out of the 13 recommendations on Bloomberg are advocating “buy” or “add”.

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