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Singtel Bullish???
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pursuer76
Veteran |
24-May-2024 10:48
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Nobody can foretell the future, let alone 30 years later. Focus on the near future will do. When crisis strikes, regardless how valuable an organization is, the price will still plummet into hell. Like SIA plummet from $9+ all the way to $3+ during COVID. Just inculcate them to sell before or when crisis strikes will suffice.
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pursuer76
Veteran |
24-May-2024 10:43
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If without the yummy dividend, it could be $2.10 now instead of the current $2.40+. This is an exemplary action of enhancing shareholders' interest. Furthermore, the impairment is not even a monetary loss. | ||||
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MrBear12
Supreme |
24-May-2024 10:41
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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My key question is still should I buy at this level to keep for the next 30 years for my descendants and beneficiaries? | ||||
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MrBear12
Supreme |
24-May-2024 10:30
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Too yummy! I expect 1H this year to be 6 cents. So the payout in Dec is also 7.9 as in Aug. Mark this okay. We play this game again in 6 months time.
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pursuer76
Veteran |
24-May-2024 10:28
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The dividend is just going to get more and more yummy. Expect Nov to be at least 7 cents, conservatively. So, this FY at least 15 cents. | ||||
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Potato
Master |
24-May-2024 10:12
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haaa haaaa.... hope so
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MrBear12
Supreme |
24-May-2024 10:05
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Shortist find it hard to short at these levels. With dividend backing, bears keep away from this until a time when price really too high. | ||||
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MrBear12
Supreme |
24-May-2024 10:02
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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By then, the price of singtel already 3.20.  
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Potato
Master |
24-May-2024 09:58
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...on second thoughts, you might also wait for kangerooo court decision on the fines, usually many shorties will take the opportunities to short it down when there are such " news" surfacing" so if you are not in a hurry, wait lor.
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MrBear12
Supreme |
24-May-2024 09:52
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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BIG wall at 2.43 | ||||
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MrBear12
Supreme |
24-May-2024 09:40
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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That can only be realised if Singtel sell Bharti. Then profits will fall and share price will follow.  
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Glooper83
Senior |
24-May-2024 09:38
Yells: "Always focus on Fundamentals!" |
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Bharti Airtel closed yesterday at INR 1,375, meaning Singtel' s stake in it is worth SGD 38 billion... Singtel' s own market cap at yesterday' s closing price of $2.41 means it is worth SGD 39.8 billion.... lol  |
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MrBear12
Supreme |
24-May-2024 09:36
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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It has the most shareholders. Of course it is rich! It may not be cash rich because it doles out rich dividends, but you can be sure that if and when it does a cash call, there will be many who will support this counter. So Singtel is RICH  
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Glooper83
Senior |
24-May-2024 09:31
Yells: "Always focus on Fundamentals!" |
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How Rich is Singapore Telecommunications (Singtel)?https://www.youtube.com/watch?v=70fiL9dpG0U
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MrBear12
Supreme |
24-May-2024 09:26
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Its really moving!  Quick! Potato, Glooper, Wiseman, Lucky, BinderyT, Halleluyah! Come onboard NOW Fall in, fall in Count strength... ... 1, 2, 3,
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Potato
Master |
24-May-2024 09:24
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helo bear bear... if you buy now and intend to hold unitl Dec 2024, it is as good as buying at 2.41 with with with with with potential dividend. Assuming the share price will not drop to 2.30 by Dec 2024, you still won' t make much losses. Of course, buy with money you don' t need to spend in next 6 months lah... then no stress. haa haaa.
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MrBear12
Supreme |
24-May-2024 09:18
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Quick, quick, give us your recommendations, buy or hold or sell? All the patrons of this thread. I need your help! Yours sincerely, Indecisive Bear
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Potato
Master |
24-May-2024 09:17
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Gd morning~~ i don' t think i will last another 30 years. haa haaa... We all know that there will be some wired events happening every 8 to 10 years and the market will crash for whatever reason leh. So unlikely to hold without selling at some point. Human nature mah, we not grass nor wood... hee heee. Just bet on more upside with huge oversea assest that might eventually return to our pockets lor.. 10 years doable lah..
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MrBear12
Supreme |
24-May-2024 09:08
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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So, the bottomline is still: Is this a buy? Recommendations please, from the floor... ... I' ll make a decision today |
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MrBear12
Supreme |
24-May-2024 08:56
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Good point Wisey. AUD expected to strengthen later this year as USD falls.
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