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SingTel
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Singtel Bullish???
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milopeng
Senior |
20-Feb-2018 10:37
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Relax la, normal market movement nia...tdy alot stock sell off abit. You vested meh?
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allent
Master |
20-Feb-2018 10:32
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According to 2017 annual reported, temasek plus other local share holdings is about 60% only
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wavehunter
Supreme |
20-Feb-2018 10:26
Yells: "Trade what you see, not what you hope to see." |
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Sigh........![]() Now 3.37 : 3.38. |
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wavehunter
Supreme |
20-Feb-2018 10:19
Yells: "Trade what you see, not what you hope to see." |
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SingTel is still attractive to local fund managers, institutions, retail investors and traders. It is less attractive now to only foreign funds who see better value in US banks and elsewhere and so they move their money out to park elsewhere. Nevertheless, once whoever wants to sell have done so and there are no more such big sellers and there are no more kartek monkeys as well, this stock will find a bottom and recover from there. 
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allent
Master |
20-Feb-2018 10:12
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Sellers have strong tail wind support. Singtel face competition here, Australia and at its regional associates' market. Its digital transformation strategy will take a few years to show significant results even if it will be successful. | ||||
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Luzern
Supreme |
20-Feb-2018 10:10
Yells: "9" |
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This down trend, could be partly driven by the increasing US Bond rate and artificially low US Dollar exchange rate besides the 4th Telco thingy.    This makes Singtel as a dividend play less attractive. | ||||
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fightingdragons
Member |
20-Feb-2018 10:09
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I rather he hammer it down and get it over with  in  all one shot so we can start buying instead of everyday thinking " to buy or not to buy"
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Luzern
Supreme |
20-Feb-2018 10:08
Yells: "9" |
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Apologies, just observation. no concrete infor.
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qtrinity
Senior |
20-Feb-2018 10:06
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Singtel has a very heavy downward trend.  Yesterday' s gain was to trap everyone who bought down to 3.20. | ||||
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allent
Master |
20-Feb-2018 10:05
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There is no buy catalyst other than the price being cheap.  May get even cheaper before the sellers are satisfied with their profits | ||||
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Luzern
Supreme |
20-Feb-2018 10:01
Yells: "9" |
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Why support, the lower the price, the happier the funds that wants to accumulate, can accumulate at cheaper price. IMO
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wavehunter
Supreme |
20-Feb-2018 10:01
Yells: "Trade what you see, not what you hope to see." |
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If you have info on the counter-party who is selling, please share it here. Thanks.
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Luzern
Supreme |
20-Feb-2018 09:59
Yells: "9" |
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seems like the " Seller" is based in HK. | ||||
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wavehunter
Supreme |
20-Feb-2018 09:48
Yells: "Trade what you see, not what you hope to see." |
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If our smaller local funds still dont come out to buy, this kartek monkey will have a free hand and with no one to stop him, he will, if he wants to, hammer the price back to 3.33 : 3.34. It will be so utterly frustrating to see that.  |
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genting^2
Master |
20-Feb-2018 09:48
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BULL IS BACK
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wavehunter
Supreme |
20-Feb-2018 09:44
Yells: "Trade what you see, not what you hope to see." |
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Yesterday, some smaller funds started buying. But their buying was one-off, not sustained. Becoz the buyer was a small fund, I believe. When a big fund buys, the buying is aggressive and sustained. The buying is such that...you LONG, you fly. You SHORT, you die. I have seen a strong fund buying before. The price action is very bullish. I didnt see that yesterday. Which led me to believe that the buyer yesterday was a small fund, not a big strong monkey.  However, there are hundreds of small funds out there. If enough of them come out to buy, it will generate a strong buy-up momentum. This will make institutional buyers jump in to buy. Then cash-rich investors and traders will jump in too. The combined buying by all these people will generate an upward momentum strong enough to make a small kartek monkey change his plans. The kartek monkey just did it again at 3.39. SHIT to him.
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wavehunter
Supreme |
20-Feb-2018 09:11
Yells: "Trade what you see, not what you hope to see." |
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There he is.
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KAMAL0883
Supreme |
20-Feb-2018 09:08
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ooppp pai seh pai seh .... my fat fingers  ![]()
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Shampain
Veteran |
20-Feb-2018 09:07
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Seems like multiple sell down trade now. Lets see over next few hours got signs of king kong or not | ||||
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wavehunter
Supreme |
20-Feb-2018 09:02
Yells: "Trade what you see, not what you hope to see." |
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If the selldown in big lots stops completely OR if each time the monkey tries to sell it down another fund do a buy-up and push the price back up and this happens again and again, it will force the monkey to do a re-think. A small monkey will have no choice but to do a re-think. A big monkey wont have to. He will just use his overwhelming firepower to whack the price down. If a big strong kartek monkey is in the driver' s seat, I believe yesterday, no chance for the price to recover from 3.40 to 3.43. A big strong kartek monkey would have keyed in a very huge SELL order at 3.41 to 3.43 to block the price to prevent it from rising and also to declare to all interested parties out there that... " Stay clear !!! For I am here !!! Mai Ka Limpei Jee Siaw. Or I will teach you how to write the word " DIE" ...... "
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