Latest Forum Topics / SingTel Last:3.17 +0.02 | Post Reply |
Singtel Bullish???
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akchua
Senior |
30-Nov-2012 15:31
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When funds relinquish their position or take profit in some stocks, usually they will park their money in defensive stocks like singtel, sheng shiong etc if there is no clear target to acquire. Defensive stocks pay good dividend or at least better than bank interest rate and they are very stable. This could explain why there is a slight surge in singtel share lately.   |
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krishnasinghal
Member |
30-Nov-2012 12:54
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Any particular reason why SingTel price has shot up so much over the last 2 days. The counter normally doesn't move by more 2-3 points.....can someone throw some light pls? | ||
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cheerstan2002
Member |
29-Nov-2012 15:00
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good for everybody in the mkt ... Singtel big component stock, they must move to move the STi, then I guess Blue Chip like SMM,  SCI and KEPCROP will  move fast also...   Today SMM chiong UP! Hope Up all the way even till the end of the year ...  
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ShareWithMe
Veteran |
29-Nov-2012 13:36
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Singtel chiong for 2nd consecutive day but 3.28 is the fibo resistance. | ||
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tiancai007
Master |
28-Nov-2012 18:19
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Fund manager adjusting their portfolio end of mth. This explains the large vol.
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New123
Supreme |
28-Nov-2012 16:38
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i think can consider to  join them and buy ..BBs buy may be..
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MaxGwee
Member |
28-Nov-2012 16:27
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Hi, anyone can throw some light why the price today suddenly shot to 3.25, from open of 3.16 ...even the BB buying can't see from technical, nor any news/ annoucement?   |
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flyfox
Member |
16-Oct-2012 20:48
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Ulikely, in my opinion, quite strong support around $3.10.   anyway when's the next meeting to announce dividends for Dec?
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kc0257
Member |
14-Oct-2012 20:41
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Time to stop buying Singtel. Wait for iPhone 5S. | ||
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New123
Supreme |
14-Oct-2012 17:14
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i think it may go below 3.10. may be can consider around 3.00.. | ||
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ShareWithMe
Veteran |
14-Oct-2012 17:06
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Already loaded. Based from news, Singtel paid 235 million for the BPL. Is this too much or just ok ? | ||
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albeniz
Veteran |
14-Oct-2012 17:00
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Price has dropped recently.   You folks loading? | ||
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scage11
Member |
12-Oct-2012 08:40
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hehe, better scoop up fast, before its too late....
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KiLrOy
Elite |
11-Oct-2012 23:44
Yells: "I buy only what I can see." |
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so that we can scoop up more. :) | ||
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jumbos
Member |
11-Oct-2012 15:23
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Why drop? | ||
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scage11
Member |
11-Oct-2012 08:16
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SingTel wins EPL broadcast rights for another 3 seasons!! | ||
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sgnewbie
Master |
05-Oct-2012 08:27
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http://sgxreports.blogspot.sg/2012/10/regional-telecommunications.html | ||
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theeyeofeagle
Member |
27-Sep-2012 13:21
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singtel is up! | ||
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sgnewbie
Master |
27-Sep-2012 10:21
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http://sgxreports.blogspot.sg/2012/09/singtel.html | ||
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KiLrOy
Elite |
26-Sep-2012 18:29
Yells: "I buy only what I can see." |
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Temasek to sell SingTel shares
Temasek Holdings Pte, Singapore’s state-owned investment company, is cutting its stake in Southeast Asia’s biggest phone operator by selling shares worth as much as $1.3 billion.
  Temasek is offering 400 million shares in Singapore Telecommunications Ltd. (ST), representing a 2.5 percent stake, at between S$3.20 and S$3.25, according to terms obtained by Bloomberg News. The shares closed trading in Singapore yesterday at S$3.33. Temasek has an option to increase the offering by 100 million shares, according to the term sheet. Temasek is selling the shares after the investment company in July reported a 16 percent full-year profit decline amid the global economic slowdown. SingTel has risen 7.8 percent this year, lagging behind the 16 percent gain of the Straits Times benchmark index. The phone company last month reported first- quarter profit that missed analyst estimates as currency moves and lower sales at its Australian unit cut earnings. “As an active investor for the long term, we rebalance our portfolio from time to time,” Temasek said in an e-mailed statement. “We continue to be a significant shareholder in SingTel, which remains the largest company in our portfolio,” it said, without providing any numbers. Market Value Citigroup Inc. and Morgan Stanley are managing the sale, according to the term sheet. SingTel spokeswoman Michele Batchelor declined to comment. Temasek owned 8.67 billion shares, or 54.4 percent of the outstanding shares of SingTel, Singapore’s biggest phone operator, according to data compiled by Bloomberg. Temasek’s stake is worth S$29 billion ($24 billion), based on its market valuation of S$53 billion at the end of trading in Singapore yesterday. Temasek also talked to potential buyers for its stake in London-based bank Standard Chartered Plc (STAN), the Financial Times reported yesterday, citing people it didn’t identify. The Singapore investment company holds 18 percent of Standard Chartered, according to data compiled by Bloomberg. |
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