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SingTel    Last:4.14    +0.01

Singtel Bullish???

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Farmer
    21-May-2008 10:51  
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The company bought 3.2m shares from open market between $3.69-3.71...this should temporary lend some support although I believe $3.60-3.61 appears to be a stronger support level.
 
 
winsontkl
    21-May-2008 10:42  
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Recently noticed strong volume, something happening???
 
 
tlwoong
    21-May-2008 10:29  
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support at 3.66 appearing again
 

 
AK_Francis
    21-May-2008 09:35  
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Div 6.9 cts confirmed but date XD, R and payment will be made known later, its Annual Rpt said.

Now, outlook of global market is quite bad. STI today gonna be quiet down trend b4 HSI opens. Nikkie now is -206.
 
 
limhpp
    21-May-2008 09:28  
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There is no sign of dividends announcement. Price will be lifted if CD confirm.

Smiley
 
 
louislauwm
    21-May-2008 08:54  
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pray hard that price stay firm at the current level Smiley
 

 
winsontkl
    21-May-2008 08:50  
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How.....will Singtel hold onto its price....likely .....
 
 
winsontkl
    20-May-2008 23:13  
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Wow...heavy volume traded today (39m) and down by 3 cents....more to come...
 
 
178investors
    20-May-2008 17:45  
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Boh-pian, looks like Temasek must give up one of the two telco-babies. (read corruption knows no bound in indo country. that's the risk of investing in politically corrupt places.) Wonder how much of an impact on Singtel share price if Temasek decides to give up Telkom.

More magic numbers??? on the way...
 
 
AK_Francis
    20-May-2008 17:37  
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Alamah, the magic no 3.68 came again. Sign of earthquake hah!!!
 

 
KenKen88
    20-May-2008 14:17  
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Not sure whether bharti and mtn merger is a good thing as bharti's share actually dropped after the announcement.  Any comments from the forumers ?
 
 
aircraft
    20-May-2008 12:23  
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Bought at $3.70..
 
 
limkt009
    20-May-2008 10:54  
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Don't worry, always sunny sky after rain....
 
 
Farmer
    20-May-2008 10:35  
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Weakness in short term trading was sighted. Media release quoted that the merger deal between Bharti & MTN which will create the 6 biggest telco in the world will be announced probably by this weekend...The court verdict between Indonesia's union & KPPU is also imminent. Hopefully, these will lend some weight or support to the counter.




 
 
 
AK_Francis
    20-May-2008 10:15  
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Vol looks good, got supporters. A cts a day, will make k. Ha ha.
 

 
Sept11
    20-May-2008 09:15  
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Sure win lah @ current price. Don't worry too much. If you still put your money into 6 months or 12 months fixed deposit, this counter can easily surpassed those tiny interest you earned from the bank.......
 
 
AK_Francis
    20-May-2008 02:14  
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Still look good but moving quite slow. Long term only, till Aug, at least.
 
 
yipyip
    19-May-2008 23:06  
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Mildly positive FY09 outlook. Going forward, SingTel is guiding for Singapore revenue to grow at mid single-digit, driven by its mobile and data business, despite a more cautious outlook for the global economy. Management also expects operating EBITDA to continue to grow and the margin to remain at around 40%. SingTel is looking to spend more on capex (expected mid-teen of operating revenue versus 10.6% in FY08), as it intends to beef up its mobile capacity for higher data usage and upgrade its fixed-line network for higher access speed. For Australia, SingTel is likewise looking at a similar growth rate, driven by mobile and wireless broadband services, although it may see some decline in its fixed-line revenue. Last but not least, SingTel still expects its regional mobile associates to grow at double-digit pace, albeit at a slower pace, mainly due to increased competition in Indonesia. Nevertheless, SingTel intends to raise its dividend payout ratio from 40% to 45-60% of its underlying net profit.

Easing fair value to S$4.29. Despite the mildly positive FY09 outlook, we believe that growing mobile competition is likely to put its margins under pressure. As such, even as we raise our FY09 revenue forecast by 8.6%, we are only inching up our underlying profit figure by 0.9%. We are also easing our fair value from S$4.35 to S$4.29, mainly due to the expected higher capex spending over the next few years. As the current price still offers a 15% upside, we retain our BUY rating. (OCBC)
 
 
yipyip
    19-May-2008 22:58  
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Single-digit growth in FY09: We see 3 per cent growth in Ebitda for Singapore and Optus, and 14 per cent growth (versus 24 per cent in FY2008) in associate contribution for FY2009. Overall, we see 8 per cent growth in the group's earnings in FY2009 and maintain 'hold' at a TP of $3.98.
HOLD (BT)
 
 
winsontkl
    19-May-2008 22:19  
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From $3.71 to $4, provide a good return of 7-8% return over the short run....can look out for opportunity to buy in....
 
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