Singtel dropped to a 5 year all time record low of S$3.02 per share on 3 July 2018 (Tuesday) before rebounding to S$3.23 per share on 6 July 2018  (Friday). The plunge to the lowest point is a 16% dropped from S$3.60 at the start of this calendar year. The mind blogging part is many well known analysts over the past 2 months have predicted a targeted price of over S$3.57 to S$4.22 per share for Singtel. Hence it is certainly bewildering to see the price of Singtel flopping and wiping billions of dollars off its market capitalisation and deviation from the crystal ball prediction by so many Oracles.   Reasons for analysts "optimistic" outlook on Singtel Well, of course, proponents will believe that the Oracles cannot be all wrong. This must be a special case of short term and one off market overselling of the Singtel counter. No...