Shares & Derivatives
Recent Action – Singtel
By A Path to Forever Financial Freedom (3Fs)  •  September 14, 2016
The market continues to wobble down today as it hits a level of 2,800 before bouncing back a little. I took a chance to nibble some shares of Singtel which I bought at $3.85 for 3,000 shares. My plan was to stock up some purchases when the index hits a level of 2,800 as part of my nibbling strategy and Singtel quickly came to my attention because of the various decent factors which I met my criteria. Keppel, SCI and Banks are all strong contenders which I would like to add at some point but thought I’d wait out a bit more to get a better valuation than what they are offering now. I've never previously owned any telcos in my portfolio so this will be the first time I did that. The nature of the telcos business generally allow them to generate strong cash flow ability and predictable ...
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By A Path to Forever Financial Freedom (3Fs)
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