Shares & Derivatives
[Paywall] Singtel share price to collapse to $1.50?
By SG Wealth Builder  •  June 15, 2020
4 August 2020 will be destiny day for Singtel share price because it will be ex-dividend day for shareholders to be entitled to the final dividend of $0.0545. All eyes are on that day as shareholders brace themselves for a frightening roller-coaster ride of Singtel share price. But this time round, the correction for Singtel share price will likely to be much severe due to changes made to the SGX Securities Borrowing and Lending (SBL) programme. Singtel share price in devastating bloodbath Singtel share price to swim or sink with coronavirus? Singtel share price in double trouble Singtel share price faces disaster With effect from 2 December 2019, SGX replaced the fixed rates for SBL programme. The borrowing rates for index stocks had been dramatically reduced from 6% per annum to a low of 0.5% per annum! The rationale for the adjustment was to make borrowing rates attractive for institutional investors. In my opinion, this is an ominous change for Singtel share price because...
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By SG Wealth Builder
Welcome to SG Wealth Builder! My name is Gerald and I hope that you find this blog useful in your wealth building journey. The motto of this blog is “to make money, to build wealth and to preserve wealth” ...
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