Once the darlings of many of the Singapore retail investors for their defensive nature and high dividend yield, telco counters’ share price had come down drastically after the announcement of the 4th Telco. Market share of these 3 incumbent telco counters are further reduced by the introduction of Mobile Virtual Network Operator (MVNO), Circle Life, Zero Mobile, Zero1 and maybe MyRepublic. However, being a believer of value investing and contrarian investing and maybe moat investing, I still believe that every counter does have a fair price. When the negativity of a counter is at its highest, when no one talks about it anymore, when the share price has been stagnant for a long time, the bottom could possibility been reached. I believe that is when one should pounced on the counter. However, these 3 counters are currently trading at their multi-year low share price. Which one should ......