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1521-1540 of 2311
Hope this will finally "Free" SingTel!
12/Jun/08: ST Telemedia also reiterated: “The transaction complies with applicable laws and does not infringe the decision of the Indonesian District Court which is currently the subject of an appeal to the Supreme Court.”
“What was sold was Asia Mobile’s entire stakes in two holding companies which directly held the Indosat shares — Indonesian Communications Ltd (ICL) and Indonesian Communications Pte Ltd (ICPL), neither of which are registered in Indonesia and therefore outside of its jurisdiction.” ICL is registered in Mauritius while ICPL is Singapore-registered.
The director of Indonesia’s Legal Aid Institute of State Owned Enterprises, Mr Habiburokhman SH, is of the same view according to Antara. He said, at this time, there were no restrictions preventing ST Telemedia from selling its shares in Indosat to anyone, including QTel or any other company affiliated with ST Telemedia.
With the sale of the Indosat shares, Mr Habiburokhman added that Temasek and ST Telemedia cannot be charged with monopolistic practices in the telecoms sector. This is because Temasek’s remaining shareholding is only Telkomsel through SingTel and this means its composition is far from what can be described as a monopoly.
http://www.todayonline.com/articles/259038.asp
may see another 2-3 cts gain 2morow, if DJ kwai kwai tonite.
A summary for today.
| Last | Trades | Volume | Bid Volume | Mid | Ask Volume |
| 3.570 | 26 | 262,000 | 262,000 | 0 | 0 |
| 3.575 | 1 | 2,000 | 0 | 2,000 | 0 |
| 3.580 | 289 | 4,832,000 | 3,299,000 | 53,000 | 1,480,000 |
| 3.583 | 1 | 32,000 | 0 | 32,000 | 0 |
| 3.590 | 378 | 11,785,000 | 5,725,000 | 1,402,000 | 4,658,000 |
| 3.600 | 131 | 4,469,000 | 1,169,000 | 1,020,000 | 2,280,000 |
| 3.610 | 34 | 911,000 | 27,000 | 0 | 884,000 |
| 3.620 | 90 | 1,397,000 | 776,000 | 0 | 621,000 |
| 3.624 | 1 | 60,000 | 0 | 60,000 | 0 |
| 3.626 | 1 | 14,000 | 0 | 14,000 | 0 |
| 3.629 | 1 | 11,000 | 0 | 11,000 | 0 |
| 3.630 | 60 | 2,171,000 | 250,000 | 0 | 1,921,000 |
| TOTAL | 1,013 | 25,946,000 | 11,508,000 | 2,594,000 | 11,844,000 |
Very quite compare to last week volume.
enough leow.
Anyone betting on this guy today? It have broken 3.58 today...
Will the big giant lead the fall and break thru $3.50 support level???
A summary for today.
| Last | Trades | Volume | Bid Volume | Mid | Ask Volume |
| 3.600 | 6 | 294,000 | 294,000 | 0 | 0 |
| 3.610 | 132 | 4,211,000 | 3,502,000 | 553,000 | 156,000 |
| 3.615 | 1 | 93,000 | 0 | 93,000 | 0 |
| 3.618 | 1 | 382,000 | 0 | 382,000 | 0 |
| 3.619 | 1 | 300,000 | 0 | 300,000 | 0 |
| 3.620 | 259 | 6,419,000 | 3,810,000 | 0 | 2,609,000 |
| 3.621 | 1 | 29,000 | 0 | 29,000 | 0 |
| 3.623 | 1 | 25,000 | 0 | 25,000 | 0 |
| 3.627 | 1 | 437,000 | 0 | 437,000 | 0 |
| 3.628 | 1 | 179,000 | 0 | 179,000 | 0 |
| 3.630 | 275 | 6,872,000 | 3,459,000 | 0 | 3,413,000 |
| 3.635 | 1 | 2,000 | 0 | 2,000 | 0 |
| 3.640 | 101 | 3,023,000 | 949,000 | 471,000 | 1,603,000 |
| 3.650 | 48 | 695,000 | 0 | 21,000 | 674,000 |
| TOTAL | 829 | 22,961,000 | 12,014,000 | 2,492,000 | 8,455,000 |
well... it's a 500-pound gorilla... market cap about S$58 billion... think by far the biggest listed on sgx... so very heavy ... move slowly but good volume always.
kiwi77sg ( Date: 11-Jun-2008 12:18) Posted:
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Any idea why Singtel is so strong ? During these few days of drastic down, its not affected that much.
for those who are interested with iPhone... you may not need to sign with Singtel based on this article cos the phone is going to be unlockable...
"Apple announced a new iPhone Monday for use on 3G, or third-generation, data networks. It will stem the flow of unlocked phones in two ways.
First, the phone will be sold in more countries. Apple added five countries beyond the U.S. for the first phone, but the second one will go on sale in 22 countries on July 11. Apple has said it will add more countries at a rapid clip and reach 70 by the end of the year. That takes away one of main incentives for unlocking.
Second, Apple is abandoning the unusual arrangement under which the iPhone was being sold. Customers could buy them from a carrier or from Apple without activating them on a service plan, and that meant customers could go home and unlock the phones — and never sign up with AT&T. (so, same may be done here, ie never sign up with Singtel)
"Anyone can unlock it without paying anyone anything," said Blas Caballero, another iPhone user in Mexico. "It's so easy. A minute-and-a-half, and all you have to do is push a button," said the 32-year-old Argentine, who owns a bar in Mexico City. He bought his iPhone in New York.
The new phone will be subsidized by carriers, which accounts for its lower price: $199 for the 8-gigabyte model, down from $399. This brings the phone's marketing in line with standard industry practices.
The carriers plan to make back what they spend on the subsidy through service fees, which means they likely will require two-year service contracts from everyone who buys the phone. AT&T said buyers will have to activate service before leaving the store with an iPhone.
SINGAPORE - Singapore Telecommunications (SingTel) said on Tuesday it will bring in Apple's latest iPhone that runs on third-generation mobile technology into Singapore later this year.
SingTel did not provide a date for the release or give pricing for the new iPhone.
SingTel said last month that its mobile associates - Bharti Airtel, Globe Telecom and Australian unit Optus - will also bring Apple's iPhone to India, Australia and the Philippines later this year. -- REUTERS
When overall index component stocks drop Stel will hold off well.....
A summay of today.
| Last | Trades | Volume | Bid Volume | Mid | Ask Volume |
| 3.610 | 11 | 2,371,000 | 803,000 | 1,568,000 | 0 |
| 3.620 | 277 | 11,592,000 | 9,354,000 | 1,036,000 | 1,202,000 |
| 3.621 | 1 | 62,000 | 0 | 62,000 | 0 |
| 3.629 | 1 | 1,059,000 | 0 | 1,059,000 | 0 |
| 3.630 | 350 | 17,796,000 | 11,129,000 | 316,000 | 6,351,000 |
| 3.635 | 2 | 752,000 | 0 | 752,000 | 0 |
| 3.640 | 136 | 4,922,000 | 2,716,000 | 0 | 2,206,000 |
| 3.650 | 9 | 72,000 | 0 | 0 | 72,000 |
| TOTAL | 787 | 38,626,000 | 24,002,000 | 4,793,000 | 9,831,000 |
No going back on deal with STT, asserts Qtel
as the uncertainty arised after DJ dipped, need to apply the defensive play, to keep cash in hand to strike again. however, my Q, a third of my holdings didn't get through, let it be. if market gets clearer, reconsideration is the word.
Farmer ( Date: 09-Jun-2008 12:35) Posted:
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Support still firmly at $3.60....
Hard to say AK. With potential China effect(M&A), I think there's still chance of a $4 in times to come if U can hold longer.
no special div announced, keep it till 6 Aug, a bit too long leow. may consider to download some of them leow, as seeing no benifit at current volatile market. cash meantime is king leow.
WOW.................!! .Can short big time liao; or maybe just bring out your machine-gun and spray it empty at that px :) Cheers!