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Limited upside for M1, analysts say, amid talk of possible sale

Analysts say intense competition clouding outlook for telco sector

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Valuations given for M1 ranged widely from S$1.58 to S$2.74, while the stock closed at S$2.17 on Monday.

Singapore

AMID takeover speculation for telco M1, analysts continued to debate how much of a premium a potential buyer would pay. Valuations ranged widely from S$1.58 to S$2.74.

Some pointed out that the stock is unattractive due to stiff competition in Singapore's saturated telco

sentifi.com

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