Did u watch any matches during the World Cup? Chances are, u have watched a broadcast by Starhub's sports channel.. well, unless u r watching from malaysia/indonesia/p2p streaming of the matches. U might think that Starhub must be earning big bucks from its monopoly of the matches. Big bucks yes, but the main growth and revenue of Starhub does not come from its monopoly of cable tv but from its broadband biz.
Recently there are lots of 'news' that has serve to bring about fluctuation of Starhub's prices. Not long ago, on the day the Budget 2006 was ann
ounced, starhub suffered a fall that brings it down to low of 1.91. It was the news of a nationwide broadband network that did it in. Not too long ago, the news of possible competition on its cable tv and epl matches also surfaced. To me, on hindsight, (back then i am still novice on TA), this kind of news only serve as an excuse for the biggies to play the stock to their advantage. I believe now that FA news serves to support TA movements opposite of what i used to think when i first bought stocks.
Okie, back to analysing its chart movement, u might notice that last few days, Starhub was deliberately sold down to 2.06 recent low and rebounded today. Observe from the posted chart on its longterm support channel and u will begin to think the way i think soon enough. I leave it to u to analyse as i believe we learn best by doing things ourselves.
Support/resistance points at 2.14/2.17/2.23/2.29 . U might ask where do u enter and where do u exit the trade, well it all depends on your time frame of trade. U can go in tmr at 2.12 and exit next wk at 2.17. Or u might enter 2.12, it reverse from 2.17 and u cut ur gain at 2.14. All on time frame, just make sure u observe a gd cut loss/gain points which u are satisfied with.
Starhub looks like becoming the number 1 threat to SingTel after M1 reported lacklustre quarter earnings report. But could it be that regardless, there will still be a main winner? Check on who is the main shareholder of these 3 telcos and u will know the answer. Remember, the key is in the doing.
Recently there are lots of 'news' that has serve to bring about fluctuation of Starhub's prices. Not long ago, on the day the Budget 2006 was ann
ounced, starhub suffered a fall that brings it down to low of 1.91. It was the news of a nationwide broadband network that did it in. Not too long ago, the news of possible competition on its cable tv and epl matches also surfaced. To me, on hindsight, (back then i am still novice on TA), this kind of news only serve as an excuse for the biggies to play the stock to their advantage. I believe now that FA news serves to support TA movements opposite of what i used to think when i first bought stocks.Okie, back to analysing its chart movement, u might notice that last few days, Starhub was deliberately sold down to 2.06 recent low and rebounded today. Observe from the posted chart on its longterm support channel and u will begin to think the way i think soon enough. I leave it to u to analyse as i believe we learn best by doing things ourselves.
Support/resistance points at 2.14/2.17/2.23/2.29 . U might ask where do u enter and where do u exit the trade, well it all depends on your time frame of trade. U can go in tmr at 2.12 and exit next wk at 2.17. Or u might enter 2.12, it reverse from 2.17 and u cut ur gain at 2.14. All on time frame, just make sure u observe a gd cut loss/gain points which u are satisfied with.
Starhub looks like becoming the number 1 threat to SingTel after M1 reported lacklustre quarter earnings report. But could it be that regardless, there will still be a main winner? Check on who is the main shareholder of these 3 telcos and u will know the answer. Remember, the key is in the doing.
"Give a man a chart and he will trade for a day, teach a man how to chart and he will trade for a lifetime." --ChartMan
2 comments:
starhub main revenue is from mobile then cable tv. lastly is from its maxonline... pls go and read up on starhub...
hello 'anonymous' , what i meant in the post was the main growth and revenue(in percentage terms) comes from broadband biz.
Quoted from:
http://www.sttelemedia.com/newsroom/spg.asp?NewsID=710
'All lines of business registered double-digit growth in revenue. Although Mobile was the largest contributor in dollar terms, Broadband continued to be the fastest growing business segment in the Group. First quarter revenue for Mobile, Cable TV, Broadband and Fixed Network grew by 11%, 15%, 31% and 12% respectively when compared to 1Q-2005.'
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