Shares & Derivatives
A quick look at Singtel
By Just my thoughts on investing  •  February 14, 2018
SingTel share price started it's downtrend correction from mid 2015, when the news on the incoming 4th Telco were finally firmed. After two and half years of downward trend, recently, I had friends who came to me and told me that the share price is attractive now at about 5% dividend yield. For my own education, I decided to take a quick look. Quick FA Avg 7 years of dividends is 0.19c 15 times = $2.85 18 times = $3.42 23 times = $4.37 At today's closing price of $3.35, do you think it's attractive. Quick TA It has broken the key support level, and probability of it hitting at $2.9 is high as the chart is weak and ......
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By Just my thoughts on investing
Me am simple man with simple needs.
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