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1941-1960 of 2311
bollinger band tight so big swing expected? accu/dist upwards? stochastic crossover showing uptrend?
noob ta. im going in
experts, pls alert me if im doing a harakiri here... thanks!
SingTel
April 25 close: S$3.82
Deutsche Bank, April 24
THE Sing dollar's (S$) strengthening is another reason to be cautious on SingTel at current prices. Given SingTel's substantial non-S$ exposure, forex trends are important. In FY07, SingTel benefited as the Sing dollar weakened against key currencies, supporting the group's P&L and valuation. But recent S$ strength will hamper non-S$ consolidation into group P&L and potentially valuation.
For example, we estimate for every 10 per cent S$ trends above our overall expectations, our SingTel valuation declines by 8 per cent. As such, given the high valuation of the Singapore / Australia operations, the strengthening S$ is another reason to remain relatively cautious.
The S$ is now strengthening against many of SingTel's component currencies, including the Indian rupee (+8 per cent since January 2008), Philippine peso (+10 per cent), and Thai baht (+12 per cent). Against the Indonesian rupiah, the S$ has hit new two-year highs. Only against the Australian dollar has the S$ been relatively stable over the last few months.
A stronger S$ will constrain non-S$ contributions (includes Optus) and affect future P&L forecasts. For example, we estimate Q4 2008 forex rates will constrain SingTel's Q4 2008 associate contributions by approximately 3 per cent q-o-q, and longer-term P&L forecasts could be optimistic if S$ further strengthens.
In addition, a stronger S$ will also impair valuation (for example, if S$ is 10 per cent stronger versus the Indian rupee than our forecast, then SingTel's total valuation would be reduced by 2.5 per cent). At this stage we maintain our forecasts (forex, P&L and valuation), but relative S$ strength is another reason to be cautious.
Our sum-of-the-parts valuation is based on Singapore's operations at $0.91 per share, Optus at $0.92 per share, listed associates under our coverage at TP, listed associates not under our coverage at market value and investment value for all others. Maintain 'hold' and the $3.95 TP for SingTel.
HOLD
Ok bull, have to continue and continue to believe its a never die counter.
Hi Naproxen, not to worry with this blue chip counter. I have confidence in this counter though not vested currently. Vested many times previously and profited from it :)
AK, 3.86 you also want to Q ??? I kena stuck with 3.84 two days ago. Saw it coming down to 3.79 yesterday. A bit panick now. But nevermind lah, come to worst just hold.
Oh no, AK Q at 3.71 after market closed. Now, DJ is high, may Q again 3.82 after this. However, if DJ later surge high, then will up the stake to 3.86. Cheers.
Alligator ( Date: 24-Apr-2008 23:11) Posted:
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May 14.
When will the FY08 result be announced?
Haha! A good chance to collect more before the coming FY08 result which should yield good divds.
soon 3.69?
Oops break thru $3.80....
Bought at 3.84
Noticed volume is high and slightly bearish....any TA advice...
News Release
SingTel to build a multi-million dollar state-of-the-art
green data centre
Kim Chuan Telecommunications Centre 2 to set
new standards in Managed Hosting Services
Singapore, 23 April 2008 - Singapore Telecommunications Limited (SingTel) announced
today that it will build a new state-of-the-art data centre at Kim Chuan, equipped to deliver
highly secure and reliable network infrastructure services.
http://info.sgx.com/webcorannc.nsf/ef3ba6cb188613ea482571b2003641d3/6565cbb842886f9a4825743400183452?OpenDocument
3.81, good price. Not enough bullets leow. Wait after Kepcorp, Kepland and SPC XD loh.
Well, I manage to get some at 3.81 last week...... 3.7x is a definite buy for me, but will in come before its FY08 results?
3.7xxx ah, hoe shei leow, confirm grab leow. He he.
AK, this whole week will seem abit bearish. It may touch 3.7+
AK_Francis ( Date: 23-Apr-2008 01:26) Posted:
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If DJ remains bearish after mid day, then SingTel gonna be chipped off 2morow leow. Try 3.83 loh. Lagi best if falls below 3.80. Cheers.
At 3.90, 0.16 dividend is above 4%. Sounds good.