Is Starhub stock worth buying?

No, I wouldn't. From different point of views it's just too unstable to buy Starhub stock.

1 - product offering. StarHub used to have an edge over the others because MIO was weak and Netflix hasn't yet hold a foothold in SG. Now, it is pushing clients to fibre TV in bid to fight competition from cable box; Netflix and still not show their edge.

2 - business model. In current Singapore market StarHub model cannot sustain for the long term. If you observe closely; you would see that the old players like Singtel & Starhub are on a defensive stance and only react when the new players comes up to literally slap them in the face and snatch their clients away. As long as they stick to the old methods (be it customer retention; service level; product offering etc.) They are on the losing trend.

3 - Everything that shows what you need to prove in facts and numbers. Check some of the urls that fellow members have shared previously. I believe the numbers can be negative and not promising on short term basis for some businesses but not for StarHub; as mentioned theirs stems from the inability to adapt to the new playing grounds in Sg.

Hope this helps!

https://risknreturns.com/2019/03/15/wont-invest...

TLDR

Weak balance sheet, dividends may not be sustainable due to Dividends close to exceeding Free Cash Flow, I will avoid.