Shares & Derivatives
So What About Singtel? (Z74)
By Creed's Cash Flow  •  May 17, 2017
I had a few lots of Singtel (Z74) in my portfolio a while ago, which I liquidated for a small profit when I wanted to park my money somewhere else. I have a habit of re-examining my past holdings to see if there is good cause for re-investment. I've already pumped some more money into ST Engineering. Now, I have my sights set on Singtel once again. Singtel's share price dipped in December of 2016 (alongside competitors M1 and Starhub) as TPG Telecom won the bid to become Singapore's 4th Telco. After decent 3Q results, which saw net profit climb 4% to S$994 million, we saw Singtel's stock price climb back up to 3.90+ levels, leaving M1 and Starhub in the dust with dismal financial results. However, in the past few weeks, Singtel's price has dipped once more with international fund managers selling off ......
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By Creed's Cash Flow
First off - thank you very much for stopping by! I really appreciate it. I hope to see this little blog of mine grow. I started this blog in February 2016, and if I could inspire just one person to move towards financial independence, then it would all be worth it. I've wanted to start a finance/investment blog for years, but I just never got around to it. I finally decided to get off my ass and make one. A little background about me - I majored in Business Admin in university, along with a Minor in Finance. I joined the workforce when I was 24 (in 2015), and I was fortunate enough to get a full-time job in the banking industry (Forex, to be exact) after doing a couple of temp jobs around the island.
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