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Heavy profit taking ??? What happened to the defensive nature???
ha ha, temp it has lost its defencing champion title. Quite disappointing.
Oops heavy selling???
Market is digesting recent results, so far the result is credible what????
Never never trust Analysts 100%... when they recommend sell, we buy and vice versa....
Research firms are downgrading SingTel because they felt SingTel didn't reach their target, making market nervous and react. I just wonder, is it possible that they set the wrong target in the first place. After all, in a bearish market, the company that maintains a small growth and profitability should still be a winner right?
Haha.....Volatility = Trading Opportunities.....the more volatile the Market, the more you could trade :) Cheers!
Avoid today. Will be very volatile.
Lost faith? I had a lot of fun buying the call warrants when Singtel hit 3.45. Hehe. Never ever undermine a defensive counter like Singtel. Not easy to get at 3.45!
How come no posting for this one today? Perhaps lost fate already?
1Q09 results not that bad whut...tho slightly below some analyst's expectation due to currency exchange reason but believe its only temporary consider the current market condition....Sgd is weakening now!
Next. i-phone will be officially launch on 22 Aug and already tens of thousands of people had signed up online to buy it. Tho the actual price still unknown at this moment of time but v. soon. Cheers!
After X Dividend today, I guess some market players began to shortsell at $3.55-$3.56 but had to cover back at 4.56pm onwards. Guess the next great leap will be on 12 Aug after pre market opening announcement of 1Q08 P&L?
India PM won confidence votes lately. Exchange's heavy duty stock gained much ground. STel got substantial stakes on India Telco giant Bharti. Good sign. Best if it could hold the wideband infra structure dispute in Aussie as well as winning the controversal Telco law suit in Indon.
more good yrs loh.
Defensive indeed! This is one of the few industries that's least affected by the current US housing / financial woes and escalating global inflation due to the natural of its businesses, ie. utility like. If there's any risk to talk about, it can only be overpaying for M&A activities and currency exchange as S$ appreciate against most of its associate country's currency. Anything else to add?
a defensive stock, take its div of 6.9cts by XD 6 Aug loh, and keep it till next Mar liao.
tks for d support. cheers.
STI can rely on Stel to hold off the sell off....but seems to be trading at the lower band recently...
I buy 20 lots at Sgd. 3.50 too. I wonder if the price could still maintain? I hope tomorrow is up and up...
AK_Francis ( Date: 21-Jul-2008 18:46) Posted:
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Wa, vodafone, ericsson and apple all perform below expectations. Drag on Singtel?
yoh, AK suspects her pant wet when this burger hit below 3.50. then AK pant wet also lah, though keeping 20 lots only. now less paper loss also happy loh. ha ha.
hope the increase can substain
That's why I said it's worth paying her $3-4-5m as long as the market cap/profit keeps increasing.....oh! dun forget our divds oso hor!!!