Shares & Derivatives
Why I may buy Singtel at 5.0% dividend yield? Most bought Singapore Stock by Institutions in 2024?
By Financial Horse  •  January 25, 2025
So I received this email from SGX setting out the “Top 5 Most Net Bought Singapore Stocks by Institutions in 2024”. Of course I expected DBS, OCBC and UOB to be at the top of the list. Imagine my surprise when I opened it up – to find that the number 1 name was actually… Singtel At $825 million in net inflow, it beat UOB’s inflow by almost $300 million (DBS doesn’t even feature on the top 5 list). Charts for Singtel look… decent? Regular readers know that I looked at Singtel about half a year ago – and my conclusion was that I really liked what I saw. I liked the dividend increase, I liked the new strategic transformation of the company, and I liked how management was executing. What I didn’t like so much was the chart – which was going parabolic at the time and likely susceptible to a pullback. Well – half a year has passed since my original article....
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By Financial Horse
Financial Horse was founded with a simple goal – To provide high quality financial commentary, in plain English. He is a firm believer in Einstein’s quote that “If you can’t explain it to six-year-old, you don’t understand it yourself.” Too much of finance is shrouded in complex jargon, and Financial Horse aims to demystify financial investments.
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