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SingTel
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Singtel Bullish???
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musaddiq
Member |
13-Feb-2018 16:44
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when will this even recover? Looks down and out | ||||
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destinykraze
Elite |
13-Feb-2018 16:15
Yells: "Reality is only a matter of perception" |
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US bond yields 3%. The risk and gains correlates. Stock price correction is normal. The short selling amount has also dropped in line with the volume. If the stock is poised to take a big fall, big shortists would the first to smell blood. Singtel dividend yield of 5.24% at this price is pretty attractive. It is easy to say, " I would only enter after it has bottomed" . The bottom is not so easy to catch. Just dyodd and enter at own time own target.  
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wavehunter
Supreme |
13-Feb-2018 15:14
Yells: "Trade what you see, not what you hope to see." |
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Yes, I did notice that the selling has somewhat slowed down quite alot compared to when she was falling from 3.59 to 3.44 region. The fall from 3.44 to 3.40 was more subdued. And the fall from 3.39 to 3.35 even more subdued. And volume has been falling. The chart confirms this. ![]()
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milopeng
Senior |
13-Feb-2018 15:11
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Hahahaha very nice illustration, yea seems look like a major 5 year H/S break out on the monthly chart.  However for 5 years price have never close below 3.4 on the monthly. We would know by the end of the month or perhaps the upcoming US inflation data on wed& thurs (to see if they miss expectation) *I am vested and willing to risk 6 ticks for the potential upside :p
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destinykraze
Elite |
13-Feb-2018 14:53
Yells: "Reality is only a matter of perception" |
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The daily volume is sliding though, a sign that its stabilising. Price dip today not really significant. I think its pretty safe to use 15% of my ammunition to collect at 3.34-3.35 range. Can average down if there is another significant dip. Unlikely to see 2 big dip unless global markets drop more than 20%.
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tthsteve
Member |
13-Feb-2018 14:50
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This video is a very good illustration. 
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KAMAL0883
Supreme |
13-Feb-2018 14:50
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below 3.30 consider a good buy for mid to long term not sell  ![]()
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wavehunter
Supreme |
13-Feb-2018 14:39
Yells: "Trade what you see, not what you hope to see." |
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Imagine you are a buyer and you are standing on the other side of that gate. Over at this side of the gate are tons of sellers. The moment the gate is lifted, this is what happens. And day after day, it is like this. For as long as smart money is not done with his selling. ![]()   |
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milopeng
Senior |
13-Feb-2018 14:31
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wa sehhh i just queue this morning nia now filled and turn ask...must have jinxed it haha | ||||
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wavehunter
Supreme |
13-Feb-2018 14:03
Yells: "Trade what you see, not what you hope to see." |
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But the selling is not done yet. Today at 10.40am, there was one selldown trade at 3.37 consisting of 1450 lots. This is a $4.8m trade.  Cannot be somebody' s grandfather or grandmother quietly trading at home, right? A thousand analysts can come out today to issue a BUY Call. But if smart money is not done with the selling, this stock is still a BYE, not BUY. But the day when smart money is done with the selling and a kopi tiam cleaner aunty or an Ah Pek fishmonger calls for a BUY,  both of them who are not analysts... will be right. When I started writing, she was still at 3.36 : 3.37. I see that 3.36 has since given way and she is now at 3.35 : 3.36. The search for her bottom continues... |
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BetterStill
Veteran |
13-Feb-2018 13:25
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CIMB, DBS,OCBC ,RHB and UOB all call for buy , TP above $4. Only Maybank is HOLd and TP $3.69.
Interesting ... |
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milopeng
Senior |
13-Feb-2018 11:14
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Accumulation started last friday, lets go for 3.36 / 3.37 both good price to keep as of now. Get out if below 3.30. |
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SuperLuckyCorn
Supreme |
13-Feb-2018 10:12
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genting^2
Master |
13-Feb-2018 09:03
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Shorts covering in progress. | ||||
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genting^2
Master |
13-Feb-2018 08:35
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Singtel lacunhing 1Gbps mobile network | ||||
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genting^2
Master |
13-Feb-2018 00:10
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http://www.straitstimes.com/business/companies-markets/singtel-to-launch-1gbps-mobile-speed-later-this-year?xtor=CS11-86   |
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allent
Master |
12-Feb-2018 19:08
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Earnings stable paying steady dividend so stock behaves like bond but US 10 bond yield is on the March towards 3%. One way to maintain the usual spread between the two yields is the adjustment of price of the stock or bond. | ||||
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TradeWin
Member |
12-Feb-2018 18:28
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So disappointed. Price keeps dropping. | ||||
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destinykraze
Elite |
12-Feb-2018 17:10
Yells: "Reality is only a matter of perception" |
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Sold my shares at $3.7 awhile back. Back then there was a lot of hidden selling.    Now with all the bad news, new virtual mobile network using singtel infrastructure out, drop in net profit by over 9% even though there was increase in revenue. I think it' s time to enter singtel again. Anyway, while people were panicking last week, temasek holding went on a buying spree.    I' m going to collect singtel and slowly avg down if any Happy chinese new year. |
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destinykraze
Elite |
12-Feb-2018 16:22
Yells: "Reality is only a matter of perception" |
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Sell on news when it' s rising. Buy on news when it has already dip before new release!! |
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