A Safe Haven; Balancing Growth Opportunities With Sustainable Yields


Netlink is evaluating potential new investments to drive future earnings. Importantly, management is cognisant of Netlink’s profile as a high-yielding, safe haven stock. Key criteria of any new investments would include country risk premium and assets with stable cash flows. Netlink will have sufficient headroom to drive its acquisition ambition and offer a sustainable dividend yield of 5%. Maintain BUY on share price weakness. Target price: S$1.08.