TPG Telecom Ltd

TPM Details
·         Positive sentiment on the stock: TPG Telecom Ltd (ASX: TPM) stock surged over 3.165% on March 14, 2017 as investors are expecting a positive interim 2017 earnings result on March 21, 2017. The group was a successful bidder at the New Entrant Spectrum Auction in Singapore and acquired all the spectrum available at the auction (being 2 lots of 2x5MHz of 900MHz spectrum and 8 lots of 5MHz of 2.3GHz spectrum) for S$105 million. Moreover, the group expects to incur a capital investment in the range of S$200m to S$300m to establish a mobile network with nationwide coverage by September 2018. With this move, the group expanded their presence into Singapore, which would generate long-term returns for their shareholders. TPM forecasts to begin their services to customers in 2018 and anticipates EBITDA to be positive when the group reaches a market share of between 5% and 6%.
 
·         Recommendation: TPM stock lost over 45.23% in last six months (as of March 13, 2017) and now trades at a reasonable level. We give a “Buy” recommendation on this dividend yield stock at the current price of – $ 6.52

SKY and Space Global Ltd

SAS Details
·         Made an MOU with Globalsat Group: SKY and Space Global Ltd (ASX: SAS) stock lost over 15.4% on March 14, 2017 as some investors might be booking profits post the stock rally of about 105.26% in the last four weeks (as at March 13, 2017). The group made a Memorandum of Understanding with Globalsat Group LLC to jointly explore the provision of SAS’s narrow-band communication services to Globalsat end-users. This MOU would establish a commercial agreement for the bandwidth provided by SAS’s narrow-band satellite communication services to Globalsat end-user customers. Meanwhile, Globalsat group reported that SAS has more potential to expand M2M / IoT beyond current use of traditional satellite technology.  Moreover, the group believes that by cutting the cost of network operations and terminal equipment, it would enable services offering at more cost-effective way.
 
·         Recommendation: SAS stock rallied over 828.6% in the last six months (as of March 13, 2017) and we believe there is more potential in the stock. We give a “Hold” recommendation on the stock at the current price of – $ 0.16

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