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First a warm welcome to 2 new subscribers who joined us since the last blog post. Thank you!I think it is no secret to regular readers of my blog that Singtel is my biggest holding within my portfolio. Actually it is more than what I will typically like to have for a single stock. It is the only stock that has >5% of my portfolio by values. With the recent announcement of its full year results, I took another look at Singtel’s financials to make sure that I can keep my faith, particularly on its ability to pay dividends.

However, I have to admit upfront that I am no expert in telecommunication business and Singtel is a relatively complex multinational company to analyse with so many moving parts at the same time. In this blog, I thought I will just share my …