SingTel    Last:4.13   -

Singtel Bullish???

What ? got insider news ?

niuyear      ( Date: 23-Dec-2010 17:09) Posted: Singtel may be in focus tomorrow?

 

don't later step on bull shit....

niuyear      ( Date: 23-Dec-2010 17:09) Posted: Singtel may be in focus tomorrow?

 

Singtel may be in focus tomorrow?

 

On Tuesday, Singtel re-tests the support at $3.04 and closed at $3.04 with LOW volume of 11.11 million shares traded.

A falling window occurred (where the bottom of the previous shadow is above the top of the current shadow).  This usually implies a continuation of a bearish trend.  There have been 3 falling windows in the last 50 candles–this makes the current falling window even more bearish.  The two candles preceding the falling window were black, which makes this pattern even more bearish.

Three black candles occurred in the last three days.  Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.

Both RSI & MACD are bearish as RSI continue to trend downwards.

Important Resistance of Singtel: $3.08

Immediate Support of Singtel: $3.04

Currently prices are resisted by 100 days MA at $3.08 and supported by 200 days MA at $3.08.

$3.04 is expected to be very strong since READ MORE

 

Defensive stock, not expecting much capital gain in 2011!

 

SingTel Optus loses bid to halt Vodafone mobile-phone campaign

WRITTEN BY BLOOMBERG

TUESDAY, 21 DECEMBER 2010 14:57

Singapore Telecommunications’s Australian unit, previously ruled to have misled customers with its data-service advertisements, lost a bid in Sydney federal court to stop Vodafone Group Plc. from publicising its “infinite” mobile-phone plans. Australia Federal Court Judge John Nicholas today denied SingTel Optus Pty Ltd.’s request for a temporary injunction barring Vodafone from advertising the plans, which offer unmetered calls to fixed-line and mobile-phone numbers for A$45 ($59) a month. Optus claims Vodafone’s advertising campaign is misleading because it doesn’t sufficiently disclose that customers can’t make unlimited calls to satellite phones, voice mail, 1-800 numbers and directory assistance, according to court documents. “I have serious doubts as to whether the ordinary and reasonable consumer would understand either of the television commercials as representing that the respondent’s plan allows a user to make an unlimited number of calls of any type,” Nicholas wrote in his judgment. The Australian Competition and Consumer Commission previously sued SingTel Optus and won an order forcing the company to run corrective ads and pay fines. Federal Court Judge Nye Perram ruled in October that advertisements for Optus’s broadband service promised data services that customers weren’t likely to receive.

 

When the price is good you will pick up some and wait for it to move up. Mkt always move up and down. 

 

HONG KONG (AP) -- Asian stock markets were mixed in subdued trading Thursday as investors clung to the sidelines amid concerns about Europe's sovereign debt problems.

Japan's Nikkei 225 stock average fell 1.99 points, or less than 0.1 percent, to 10,308.60 even as a weaker yen lifted some exporters.

Australia's S&P/ASX 200 added 0.2 percent to 4,776.10. Benchmarks in Taiwan and Singapore also rose.

The Shanghai Composite index edged up 0.2 percent to 2,917.21 while Hong Kong's Hang Seng was down 0.3 percent at 22,906.20. South Korea's Kospi lost 0.4 percent to 2,009.25.

"A holiday mood is in the market right now," said Jackson Wong, vice president at Tanrich Securities. "There's no major news so the market is on the weak side because there's a lot of uncertainty still out there."

Wong said sentiment was still overshadowed by Europe's debt crisis, including the news Wednesday that Moody's may downgrade Spain's public debt. "Anything happening over there will send a wave across the globe," he said.

New123      ( Date: 16-Dec-2010 12:25) Posted: can consider to buy when it is below $3.

 

can consider to buy when it is below $3.

 

The worst performance among the 3 telcos ! very disappointed !

 

Anyone knows why Singtel so sluggish despite XD coming only next week?

 

by K E 

SingTel adds more costly content – SingTel has beefed up its mioTV sports content with four new offerings, including two sports channels from StarHub. It now has more compelling sports content than StarHub. All Sports Network (ASN) features American football, hockey and mixed martial arts, while Ten Cricket features international cricket matches. Goal TV 1 and 2, which used to be carried by StarHub, will offer coverage of mainly minor leagues such as Carling Cup and Scottish Premier League, Dutch League and English Championship. In addition, EPL, UEFA League and ESPN will be shown only on mioTV while StarHub’s most compelling channels now appear to be Eurosport and Eurosport News (live coverage of cycling, motorsports, tennis, etc) and Football Channel (Primera Liga, Bundesliga, etc). In our view, most existing subscribers are likely to adopt a dual set-top box strategy while awaiting developments such as content cross-carriage and the common-featured set-top box, expected to be implemented in 2011 and 2012, respectively. Separately, M1 has launched its own pay-TV offering called 1box, but progress is unlikely to be rapid until the Next Generation National Broadband Network is fully up and running, expected in 2012. Within the telco sector, we prefer M1 and StarHub. Starting from zero base and with little start-up capex, we expect M1 to be the biggest beneficiary, while StarHub should retain most of its subscriber base and earnings should benefit from lower content costs. However, SingTel’s bottomline is expected to be hit by the costs of supporting its aggressive push into pay TV.

 /i read i post /

 

 

Singapore Telecom: BUY S$3.13; Bloomberg: ST SP
Apple, Airlines and AirTel;
Price Target : 12-month S$ 3.55
By: Sachin Mittal +65 6398 7950

·                 SingTel keen to reduce its reliance on Apple and plans to use “airlines
  model” to service customers. Target to double non-carriage business in
  Singapore over the next 3 years.

·                 Bharti AirTel confirmed end of price wars in India and expects an
  improved Zain next year. Telkomsel highlighted price inelasticity in
  Indonesia , effectively ruling out price wars.

·                 BUY for ~6% yield & earnings recovery in FY12F. Trading at 12.1x FY12F,
  below historical average of 13.4x.

SingTel partnering with smartphone vendors. SingTel is developing several
apps, customized for Singapore . Three of the most popular apps are AMPed,
BPL and “I love deals”. Currently AMPed and “Traffic Live” apps are
pre-loaded on smart phones from vendors like Samsung, Ericsson and are only
available to SingTel subscribers. SingTel also plans to work with vendors
like Dell and ZTE in the future for more customized phones. If successful,
this may differentiate SingTel offerings while lowering subsidy burden.
SingTel revealed its plan to service premium mobile customers, by adapting
”airlines model” of offering first-class and business-class kind of service
levels.

Inflection point for non-carriage business in Singapore . Management aims to
grow its non-carriage (IT & pay TV) business contribution from 25% to
45-50% within 3 years. IT business should benefit from increasing focus on
cloud computing where SingTel is far ahead of its peers, while pay TV
business should benefit from continued subscriber addition of at least 20K
subscribers each quarter.

Bharti led FY11F decline, should lead FY12F recovery too. Bharti confirmed
stable competition in India with hopes of an improvement from Zain next
year. Bharti could surpass our forecast of 10% earnings growth in FY12F
(March YE), if Zain transformation remains on track. SingTel is trading at
~6% yield for FY12F, which we deem too attractive for a blue-chip company.

 

/dbsV/- i read i post /

 

 

Technical Comment from The Edge

Prices have rebounded off support at $3.04-3.05 range. The upmove took place on higher volume, which in turn accompanied a white-candle day. There is still not clear uptrend or downtrend and prices have settled into a wide trading range. Since quarterly momentum remains in positive territory and short term stochastics has bounced off the low end of its range, prices could make their way to $3.15. If this is breached, resistance is at $3.30.

Wish everyone here a nice weekend 

 

Who is that always 9 lots 9 lots ??

 

Today is a Good Day to Buy SingTel.

Business: Communication Operator for consumers and Businesses; Mobile, Fixed-Line, Voice and Data; Internet Services; In Asia-Pacific.

Now Trading at $3.12.

1. In an Uptrend Channel with Potential High of $3.30.

2. Just Bounded Off its Support Level of $3.07.

3. Price is still Below 30MA and 50MA.

4. MACD is Flat.

5. Stochastic has crossed and leaving the oversold region.

6. Company gives regular Dividends.

7. Revenue and Cash Flow Increase QoQ, but Profit decrease slightly.

8. Company Debt is decreasing slowly.

Grade: 8.

Stop-Loss Below: $3.06.

Target Price: $3.30.

More on my Blog at Alex Trades.

This is just my personal opinion. You invest at your own risk.

Good luck with your investment.

 

 

SingTel +0.3%; Still in tight $3.06-$3.15 band

WRITTEN BY THE EDGE

WEDNESDAY, 01 DECEMBER 2010 14:22

SingTel (Z74.SG) +0.3% at $3.11 on modest volume, still drifting in tight $3.06-$3.15 band of past 2 weeks.

Stock down 4.6% since release of weaker-than-expected September-quarter results on Nov. 11, with recent soft market conditions also weighing. Earnings down 6.7% on year at $892 million.

Telco’s annual investor day, held today, doing little to generate interest as general market sentiment cautious given underlying concerns over China’s tightening measures, euzo-zone debt woes.



“We..struggle to find conviction on SingTel in either direction from current levels and expect the stock to remain

rangebound,” says Deutsche Bank, which has Hold call with $3.26 target.

 

/the edge/

 

 

 

 

Singtel stock continue to look bearish! it is currently at the 78.6% Fibonacci Support level. however the technical indicator is not showing any sign of reversal yet

see my analysis on Singtel Stock 

 

Laggard? Until u read this 1st.

Indian telco may face big fine over cellular licences controversy



(SINGAPORE) Singapore Telecommunications could be weighed down further by its Indian investment as Bharti Airtel is currently mired knee-deep in a controversy which might result in the unsavoury prospect of a billion-dollar government fine.

At the heart of the storm is the Indian government's allegation that local telcos may have underpaid for a series of second-generation (2G) cellular licences that were issued in 2008, a fiasco which has resulted in the resignation of telecommunications minister Andimuthu Raja.

India's chief auditor has already indicted the official for undervaluing these licences as he is said to have awarded them to new market entrants based on an outdated policy formulated in 2001.

At the same time, incumbents Bharti, BSNL and Vodafone were reportedly allotted more than their stipulated share of the 2G spectrum without incurring any upfront fees.

According to the Financial Times, the Comptroller and Auditor General of India claims that the bids involving these three operators have cost authorities some US$8 billion in lost revenue.

Citing an unnamed source, the FT further reported that Bharti and Vodafone could be fined more than US$1 billion each as a result of the fiasco. Bharti Airtel is the largest operator in India with a local subscriber base of 143 million.

'Those who were given more at less will have to pay something back to the government ... the exact amount is being worked out but BSNL, Bharti and Vodafone are the ones that benefited the most so they will pay the most,' an Indian official was quoted as saying.

Besides the three incumbents, the six other operators that are being implicated are Idea Cellular, MTNL, BPL, Aircel, Reliance and Spice.

Some market watchers believe a government charge would hurt some of these new market entrants more than incumbents such as Bharti.

'We believe some of the recent events in the regulatory environment appear to be negative for new operators as they risk paying heavy fines or surrendering their licences,' Goldman Sachs said in a recent report on Bharti.

'We therefore believe the regulatory environment in the next 12-18 months will be more favourable to incumbents than new entrants,' it added.

Nonetheless, if a huge fine is indeed levied on Bharti, SingTel's earnings will undoubtedly be further dented by its largest regional investment.

When contacted, SingTel declined comment. Earlier this month, Singapore's largest operator reported an unexpected 6.7 per cent dip in second-quarter net profit to $892 million.

SingTel, which has a 32 per cent stake in Bharti, was hit by the Indian operator's African expansion for the second quarter in a row.

The Indian operator acquired Kuwaiti conglomerate Zain's mobile assets in June this year in a deal valued at US$10.7 billion.

Beyond chipping in its share of the financing costs for the acquisition, SingTel's earnings were dented by the inclusion of the first full quarter of losses from Bharti's newly acquired cellular companies in Africa. If these were excluded, SingTel said its net profit would have dipped by only 3 per cent in the second quarter.

SingTel CEO Chua Sock Koong previously said Bharti would need around six months to restructure its operations and profitability should begin to improve by April next year.

 

 

Ya... this Singtel can consider one of the laggard !!