Singtel’s net profit after tax fell 65% year-on-year in its latest financial year (FY20) report. Proposed final dividend dropped from 17.5 cents to 12.25 cents. The last time we saw this was in 2009. The share price of Singtel has also been on a downtrend since its peak of $4.58 in April 2015. After knowing all these, do you think Singtel is still a good buy right now? Here are my quick thoughts on it.
Singtel was one of my maiden posts when I first started TheBabylonians. You can read more about it in detail here to get a little bit of context. I thought it would be interesting to re-look at some of the things I have said in 2018. Then re-evaluate on whether Singtel is still a good buy.
