So no missed news on Singtel, just the below mentioned sums it all? Aiyahhhh.. sianz lor..
Boss got buy back shares right ?? like RE the more you buy the more the drop !! haha !!
INCOMPETENT MANAGEMENT
ONE AFTER ANOTHER
COULD NOT EVEN SHINE DURING MONOPOLY TIME
WORST NOW IN TRIPOLY
Strong USD affects quite a number of counters, so I can't seem to put it down to currency alone. Could it be accompanied with the drop in earnings annouced earlier? Apart from that maybe there's some other news we missed?
Think it is due to strong S$.
This one really don't know what happen ?? like lousy Starhub almost catch up liao !!
Anyone know any news on Singtel? Seems to be moving down despite dividend and defensive play?
There are two hammers which provides short-term support. This issue seems to be in an ascending triangle pattern.
The falling momentum is strong...
This heavy weight may continue to be
whacked down some more next week...

I'm mid-term bullish on this stock. It's trading at a fundamentally and historically low p/b of about 2
des_khor ( Date: 18-Nov-2010 10:59) Posted:
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Singtel Stock look bearish! it has break past the 61.8% support level today with a gap. Will it rise to fill the small gap? or continue its bearish fall? Immediate Support seem to be around $3.094 region.
read my analysis on Singtel Stock @ lollymotion
What happen ?? no more defensive play ?? can buy now ?
lowchia ( Date: 16-Nov-2010 22:51) Posted:
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On Tuesday, Singtel broke its support at $3.21 and closed at $3.16 with HIGH volume of 35 million shares traded.
Separating lines occurred. If the separating lines occur during a downtrend and the first line is white and the second is black then this suggests that the downtrend should continue.
Both RSI & MACD are turning bearish as MACD lines began to converse together.
Important Resistance of Singtel: $3.21
Immediate Support of Singtel: $3.08
Currently prices are supported by 20 days MA.
There are no news from Singtel today but prices fallen off the support after market re-opens from lunch at 2pm.
Since Singtel is the big brother of STI thus the whole index got greatly affected from this massive sell down.
Buying is out of question now but we would advise investors who are vested in this company to look out for another possible selling down on Thursday.
SEE ANALYSIS FOR OSIM
$3.08 is expected to be a very strong support for Singtel.
Singtel : S$3.31 BUY (TP: S$3.05)
Dividend praise
Post the half-time conference call with management, we maintain our NEUTRAL
recommendation with our SOP TP revised slightly to SGD3.05 (from SGD2.98).
We still see little meaningful re-rating catalysts for the stock (apart
from it closing the dividend yield gap with its domestic peers, which is to
be expected) on continuing margin pressure at the Singapore operation and
the mixed prospects of its associates. Optus continues to execute well but
we see competition deepening into 2011. For exposure to Sing telecoms, our
top pick remains M1 (BUY, TP: SGD2.55).
Dividend policy revised. Singtel has raised its dividend payout policy (the
first in 2 years) to 55%-70% from 40%-60% of core earnings, with the
interim payout of 58% (8.6 cents/share declared) at the upper end of prior
guidance. We read this as a higher final dividend potentially in the offing
and have upgraded our FY11 DPS forecast to 16.8 cents/share (from 14.2
cents/share) (FY10: 14.2 cents/share). The higher DPS estimate translates
into a 65% payout and 5.2% yield (narrowing the gap but still below
Starhub’s and M1’s 7%-8%). We believe there is room for special dividends
given the group’s strong free cashflow of SGD1.9bn and net debt/EBITDA of
0.8x. Assuming it achieves the longer-term target of 1.5x-2x, we see scope
for additional 35-50 cents/share to be returned. Despite its rising cash
hoard (SGD2.1bn), Singtel remains elusive on its investment plans although
management does not discount the possibility of increasing its stake in
Bharti.
Revenue sharing on OpenNet. Singtel expects revenue recognition (SGD144m)
from the fibre rollout on the NGNBN to accelerate with wider coverage.
Management’s indication of only 40% network coverage presently concurs
with the comments made by Starhub/M1 earlier on technical challenges
affecting the rollout (initial targets were for the NGNBN to cover 60% of
Singapore by end-2010 and 95% by 2012), which indirectly benefit the
incumbents. With the cessation of fibre revenue in 2012, Singtel will latch
on to its 30% stake in OpenNet as well as a revenue share contract, from
which it takes a cut from leasing ducts to the latter. Singtel’s
observation that early adopters of NGNBN are mostly retail customers
reflects the operators’ heavy focus on this segment. It is nevertheless
confident of stronger take-up from enterprises for its corporate NGNBN
plans as it is still early days.
No IP4 shortage. Singtel did not disclose whether it was impacted by the
shortage of iPhone 4 (IP4) as claimed by StarHub, citing the commercial
sensitivity of its agreement with Apple. It attributed the strong growth in
its mobile business to the wide array of smartphones on offer catering to
both the mass market and enterprise customers. We note that equipment sales
grew 14% q-o-q for Singtel versus the 25% q-o-q contraction for StarHub.
Source: DMG
Make Love More, Don't Make More Enemies
As expected, mgmt had raised the max profit payout % as divs from 60 to 70%... no wonder its share price is so strong today even tho profit below market expectation. Looking for special divs this FY end. Price should move further north like the case of Starhub....lets see!
Farmer ( Date: 06-Oct-2010 17:24) Posted:
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What happen ?? any MFT downgraded ??
| Written by Dow Jones & Co, Inc | |
| Monday, 08 November 2010 12:57 | |
|
Goldman Sachs upgrades SingTel (Z74.SG) to Buy vs Neutral, lifts sum-of-parts target to $3.47 vs $3.10 to reflect pick-up in pay-TV growth, improving Optus business. Also, “in Singapore, the English Premier League is integral to pay-TV and represents an opportunity for SingTel to gain scale in a potentially growing market, and we believe the National Broadband Network issue in Singapore is unlikely to disrupt the competitive balance,” says Goldman Sachs. Research house notes Optus has done well in last two years, clawing back market share in mobile segment, boosting mobile EBITDA for first time in five years. Expects SingTel to announce special dividend this year or pay out entire profit as dividends. |
| Written by Dow Jones & Co, Inc | |
| Monday, 08 November 2010 12:57 | |
|
Goldman Sachs upgrades SingTel (Z74.SG) to Buy vs Neutral, lifts sum-of-parts target to $3.47 vs $3.10 to reflect pick-up in pay-TV growth, improving Optus business. Also, “in Singapore, the English Premier League is integral to pay-TV and represents an opportunity for SingTel to gain scale in a potentially growing market, and we believe the National Broadband Network issue in Singapore is unlikely to disrupt the competitive balance,” says Goldman Sachs. Research house notes Optus has done well in last two years, clawing back market share in mobile segment, boosting mobile EBITDA for first time in five years. Expects SingTel to announce special dividend this year or pay out entire profit as dividends. |
| Written by Dow Jones & Co, Inc | |
| Monday, 08 November 2010 12:57 | |
|
Goldman Sachs upgrades SingTel (Z74.SG) to Buy vs Neutral, lifts sum-of-parts target to $3.47 vs $3.10 to reflect pick-up in pay-TV growth, improving Optus business. Also, “in Singapore, the English Premier League is integral to pay-TV and represents an opportunity for SingTel to gain scale in a potentially growing market, and we believe the National Broadband Network issue in Singapore is unlikely to disrupt the competitive balance,” says Goldman Sachs. Research house notes Optus has done well in last two years, clawing back market share in mobile segment, boosting mobile EBITDA for first time in five years. Expects SingTel to announce special dividend this year or pay out entire profit as dividends. |
Written by Dow Jones & Co, Inc
Monday, 08 November 2010 12:57
Goldman Sachs upgrades SingTel (Z74.SG) to Buy vs Neutral, lifts sum-of-parts target to $3.47 vs $3.10 to reflect pick-up in pay-TV growth, improving Optus business.
Also, “in Singapore, the English Premier League is integral to pay-TV and represents an opportunity for SingTel to gain scale in a potentially growing market, and we believe the National Broadband Network issue in Singapore is unlikely to disrupt the competitive balance,” says Goldman Sachs.
Research house notes Optus has done well in last two years, clawing back market share in mobile segment, boosting mobile EBITDA for first time in five years. Expects SingTel to announce special dividend this year or pay out entire profit as dividends.
Your cut loss price should be the based on your purchase price or support level.
SingTel current support level is $3.05, so I don't think it would fall below that price.
However, if it falls below that price, you must cut off when it cross your cut loss price.
My cut loss is 3% from purchase price, but yours can be higher or lower. But not more than 10%.
Good luck.
lifeline03 ( Date: 28-Oct-2010 00:40) Posted:
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Don't cut loss, today is trading between 3.03 - 3.07, you still got chance to break even...
lifeline03 ( Date: 28-Oct-2010 00:40) Posted:
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hi alex,
i actually bought the stock at 3.06, is that still okay? or should i cut lost at your mentioned level of 3.02?