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Heavy correction today, could it be due to the bad result from Bharti? Sign of things to come? This seems to be a constant thorn in Singtel's overall results, quarter after quarter. Compare that to Starhub, still resilient today in the face of this broad based selloff.
Is $4 still on track?
Bharti Airtel gains on $1.26 billion investment
Reuters - 14 mins ago
MUMBAI (Reuters) - Bharti Airtel Ltd(BRTI.NS) shares rose as much as 4.7 percent in early trade after the company said it would sell a 5 percent stake to Qatar Foundation Endowment for $1.26 billion. SingTel... huat huat...argh.
Reuters - 14 mins ago
MUMBAI (Reuters) - Bharti Airtel Ltd(BRTI.NS) shares rose as much as 4.7 percent in early trade after the company said it would sell a 5 percent stake to Qatar Foundation Endowment for $1.26 billion. SingTel... huat huat...argh.
excellent analysis!
FearValueGreed ( Date: 13-Apr-2013 14:30) Posted:
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The Grp has integrated 11,119km two-core high bandwidth fibre optic network covering 13 provinces and all principal cities in Eastern China aa an independent provider of ultra high-capacity data networks to service providers and large business users to China's telecoms and data markets through optical networks.
This Pan-China fibre network business heralded entry into the tele-communications bigger connectivity industry.
The network is inter-connected with global networks of Global Crossing to USA.
The trunk network is spread and inter-connected with metropolitan area networks within the same ducting system to reach target customers in main business and industrial centres of 163 cities in China.
teeth53 thot - so SingTel working with CarrierNet seem logical. Huat...argh.
SingTel is wiring up, going places with 3G/4G internet potocol (IP), by submarine cabling from Singapore to East, West, North and down under.
teeth53 ( Date: 17-Apr-2013 18:09) Posted:
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SingTel Last done at $3.93c with a volume of 42,259,000 mil shr changed hands 
+0.09c
+0.09c everknight ( Date: 14-Apr-2013 18:40) Posted:
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http://sg.news.yahoo.com/reliance-industries-joins-consortium-build-undersea-cable-system-084907669.html
8,000-kilometre Bay of Bengal Gateway cable will link S.E.A and S'pore to the Middle East and will have connections to India and Sri Lanka.
The cable system is expected to carry commercial traffic by the end of 2014. The new cable system as it readies the launch of fourth-generation (4G) telecom services in the world's second-biggest telecommunications market and is looking for international bandwidth.
how Indian carriers are investing to build wireless data networks in a mkt where more than 80% of carriers' revenue is still from voice calls. Data services are growing much faster in India where just a tenth of 1.2 billion people use the Internet.
Carriers in India spent a combined $20 billion to buy 3G and 4G airwaves in a 2010 auction.
Reliance, the only company in India to have nationwide permits for 4G services that enable high-speed wireless Internet, is widely expected to launch the services later this year and is sewing up deals with rival carriers.
Last week it signed a deal to lease undersea cable capacity from Bharti Airtel
teeth53 ( Date: 14-Apr-2013 10:33) Posted:
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congrat to all singtel holder
everknight ( Date: 24-Apr-2013 23:27) Posted:
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Wa give up liao.
Too high to chase further.
Will look for other opportunity
Too high to chase further.
Will look for other opportunity
Wow! Not only bounced off support, but jumped in the last hour! Didn't expect that. Good! :)
everknight ( Date: 24-Apr-2013 15:39) Posted:
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Difficult to catch up. Still will wait 358.
Maybe sell in may will release the opportunity.
Maybe sell in may will release the opportunity.
Singtel completes 4G network ?
3.66 resistance has turned support! Let's see if it will hold for uptrend to remain intact.
broadfeet ( Date: 22-Apr-2013 08:47) Posted:
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| I hv no idea, see table for last week volume movement |
| Day, Vol, 5dma, Times, Closing |
| Mon, 19, 18, 1.1x, harami doji |
| Tue, 31, 20, 1.6x, bullish up |
| Wed, 32, 23, 1.4x, doji |
| Thu, 30, 25, 1.2x, up |
| Fri, 21, 26, 0.8x, down |
| Where will price go today, I hv no idea too |
| will not chase if price go up, but |
| should it dip below support 3.66, I be most interested |
| alert set at 3.65, meanwhile shift focus to other counters |
| best of luck to all singtel holders |
iluvboost ( Date: 21-Apr-2013 22:51) Posted:
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hopefully wont dip too much heh, im vested.
what do u think of the heavy buyup at 372,374?
broadfeet ( Date: 21-Apr-2013 19:50) Posted:
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that why i said like, not is
price at 5pm was 3.72 a cent below open price
if pre-close at 3.72, then it is shooting star to me
there is no MUST gap away in my TA
i treat all narrow trading day almost equal weight
sorry for cap
anyway, bearish candle...waiting for dip
huat to all
For a candlestick to be in star position, it must gap away from the previous candlestick.
broadfeet ( Date: 19-Apr-2013 17:26) Posted:
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also saw big funds buying in for Thurs and Fri at 370(2941 lots twice) , 372, 374, 377 (300-700lots).
based on this , think it will hit 385,39 or 4.
lets discuss if its flawed.
iluvboost ( Date: 20-Apr-2013 21:37) Posted:
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if drop to 358, will be very big gap down.. hope not!
hope for 378 again, and break 380.
i remember the days i always range trade 355-361.
FearValueGreed ( Date: 20-Apr-2013 17:03) Posted:
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One troop of company strength waiting beach line 358 for surprise ambush.