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SingTel
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Singtel Bullish???
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steffchew
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24-Nov-2020 09:37
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SingTel 加 油 ! | ||||
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vivacious
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24-Nov-2020 09:35
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touched 2.49 before taking a step back.... 2.50 is a real possiblity today | ||||
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halleluyah
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24-Nov-2020 09:23
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coming babe............
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Zerocool888
Master |
24-Nov-2020 08:57
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Resistance will be at 2.49. This really depends on how much $$$ will be pumping in today by investors and hopefully shortists go kacau other stocks.
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halleluyah
Supreme |
24-Nov-2020 08:53
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ah tel....lets go 2.60..... | ||||
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vivacious
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24-Nov-2020 08:45
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will it breach 2.50 today? | ||||
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Starship
Supreme |
23-Nov-2020 22:36
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bamboo300306
Veteran |
23-Nov-2020 21:49
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On 4 Jan 2019, the closing price is $2.90. if I am the major shareholder, I would want to the price to close above $2.90 by the end of 2020. This make the portfolio like good. | ||||
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albertcumberdale
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23-Nov-2020 21:25
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Stock price is arbitrary. e.g. Singtel market cap is 40.17B, net profit last quarter $574m, $2.46 stock. Starhub market cap is 2.3b, net profit last quarter $37m, $1.33 stock. If by some miracle Starhub expands and is able to raise their profit' s to Singtel' s level, the stock would shoot way beyond $2.46 (that' s 1400%+ growth btw). What we need to see from the digibank is growth and profitability prospects. All new projects need an investment phase before profitability can be seen. They' ll have to pour money to compete with other banks AND digital banks. When will it be profitible? 3 years? 5 years? 10 years? That' s the key question. After a few quarters we' ll start to see how much money it' s raking in, and what their plans are to grow that revenue.
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vivacious
Supreme |
23-Nov-2020 20:27
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2 more trading days to XD.  So close to 2.50 | ||||
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WhereI
Master |
23-Nov-2020 20:22
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I wherei never ask anyone to buy anything. U are mistaken. I only said some stocks like SMM can buy. But that does not mean I ask you to buy.  | ||||
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ffff152100ffff
Master |
23-Nov-2020 20:17
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OK Thanks, you have go around to ask many people to buy Riverstone....How come you want to ask around?
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WhereI
Master |
23-Nov-2020 20:04
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I think you are asking for the moon for singtel to behave like the top three banks in Singapore. It will not full stop singtel' s core business is telecommunications, not banking. So if it gets a banking license, it may branch off into some banking activities. Just like SpH core business is media. But sph has property business also. So SPH cannot expect to behave like a property counter like say City developments or CapitaLand just as Singtel cannot expect to behave like a bank whose core business is banking to support other industries. Long term whether their share price converge or not depends on the performance of these companies and on any restructuring. 
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Potato
Master |
23-Nov-2020 19:49
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Up 3 cents
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albertcumberdale
Member |
23-Nov-2020 17:47
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Bro that' s not how stocks work hahaha. It' s investor driven. If the digital bank license is thought to bring in more profits, more investors will buy the stock, price will go up. 100% increase is to $5. That' s already quite insane. $20-25 will likely need a significantly higher increase in profits.
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WhereI
Master |
23-Nov-2020 17:45
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I for one will not bank too much on a digi license. We will not operate like a bank for sure. We will not hit ten or twenty dollars a share immediately after a license is granted if ever. How does a bank work? Well you have depositors from the local community whose cash will be lent out to borrowers for an interest charge and a security pledge (like a property). The interests gained by the bank will be used to pay depositors an interest and what is left over can be used to pay salaries and so on before there is any left over to pay as dividends to shareholders. 
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WhereI
Master |
23-Nov-2020 17:38
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Recent rally has to do with early hopes of Covid easing with lockdowns lifted and vaccine found. Singtel has slightly outperformed sti because it underperformed over the year prior to its recovery. The change in management helped inject fresh hopes to a rejuvenated singtel. The dividend is just an icing on the cake. Many were expecting lower dividends, but singtel performed okay with a reasonable dividend paid out of underlying profits. So Singtel is generating enough cash from its core business to support its dividend policy and transform its business. Hopes for digibanking license and 5G transformation also added to the great expectations of a renewal. If these expectations are not met, then there is risk to Singtel' s share price sliding once again. But for now, the stage is set for a rebound off its two dollar Low. 
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FATABA
Supreme |
23-Nov-2020 17:23
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So how many c do u think it will drop from it last close on 25th Nov ?   
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Starship
Supreme |
23-Nov-2020 17:19
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Potato
Master |
23-Nov-2020 17:17
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Hello ~~ i do not think recent rally has to do with Div round the corner. The market is reacting to SickTel managemnet change and some results from it oversea investment, which is showing positive news. In additional, this SickTel counter have drop so much already. It is now at the similar price per last Div. Do not really think it will drop badly this round upon Ex-Div. Wanna bet? | ||||
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