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SingTel
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Singtel Bullish???
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ysh2006
Supreme |
23-May-2024 08:18
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Australia side wants to take court action on Optus case...it cannot estimate how much court will fine Singtel..... | ||||
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piscesmonkey
Supreme |
23-May-2024 08:17
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2nd half netloss -$1.3b 👏 👏 👏 | ||||
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MrBear12
Supreme |
23-May-2024 08:04
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Does not tell the whole story. I was initially depressed when I saw this page. But was encouraged by the rest of the report. In summary see,
https://www.theedgesingapore.com/amp/capital/results/impairment-takes-singtels-fy2024-earnings-down-64-y-o-y-795-mil-boosts-full-year
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MrBear12
Supreme |
23-May-2024 07:42
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Halleluyah!
Come buy Singtel. It is no longer sicktel Halleluyah! |
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MrBear12
Supreme |
23-May-2024 07:40
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Also there was a 10 per cent increase on underlying net profit for 2023/24. This helped increase the ordinary dividends by about 10 per cent over 2022/23. So yes, I expect Singtel to float upwards towards my 2.80 target and even beyond.
Congrats to Singtel holders. Don't throw away our shares. They are worth at least 3 dollars a share now.
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piscesmonkey
Supreme |
23-May-2024 07:35
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![]() Going 2.20 |
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MrBear12
Supreme |
23-May-2024 07:34
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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So the yield of Singtel is revised upwards for subsequent years. This means that there is scope for an increase in price.
Price of Singtel will move upwards in the short to medium term.
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MrBear12
Supreme |
23-May-2024 07:30
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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The change in dividend policy is significant because it means that singtels dividends will be about 30 to 60 percent higher than just a total ordinary dividend of say 10 cents. | ||||
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MrBear12
Supreme |
23-May-2024 07:24
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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The Group has introduced a revised dividend policy. After raising the dividend payout range to between
70% and 90% of underlying net profit last November, the Group has added a new value realisation dividend of 3 to 6 cents per share per annum, on top of the core dividend, to increase shareholder returns over the medium term. This is made possible by the Group?s proven capital recycling programme which has raised S$8 billion in the last three years. The Group has further identified a pipeline of around S$6 billion of assets that can be potentially recycled over the medium term to fund growth opportunities and return excess capital to shareholders through the value realisation dividend.
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MrBear12
Supreme |
23-May-2024 07:20
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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So, the total dividend for the year is 9.8 final plus 5.2 interim equals 15 cents for 2023/24.
The final dividend declared is 9.8 cents which consists of 6.0 ordinary dividend and a 3.8 value realised dividend, which would be paid in 2 tranches, 1.9 cents in Aug and 1.9 cents in Dec. I guess we were all outdone by the payout. The closest were the two highest guesses of 7 cents. But Singtel declared 9 8 cents, forty percent higher than our highest guesses. Can we say this is great news?
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SDEXXXXD
Veteran |
23-May-2024 07:16
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On 23 May 2024, Singapore Telecommunications Limited (the ?Company?) announced a final dividend of 9.8 cents per ordinary share in the capital of the Company (?Share?), consisting of:
(i) a Core Dividend of 6.0 cents per Share and (ii) a Value Realisation Dividend (VRD) of 3.8 cents per Share. The VRD is to be paid in two tranches of 1.9 cents per Share in August 2024 and December 2024 to shareholders on Singtel?s Register of Members at each respective record date. |
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spursfan
Supreme |
23-May-2024 07:08
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https://links.sgx.com/1.0.0/corporate-announcements/0EX9U5BZPAMKWJVY/804230_2HFY24-NR-Singtel.pdf | ||||
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MrBear12
Supreme |
22-May-2024 22:17
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Sleep on it. Will be reporting to work before 7am for the result. It will be fascinating. But its time to catch  a nap Good nite!
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MrBear12
Supreme |
22-May-2024 21:42
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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No worries. We had it coming. Optus will defend itself. Focus on the last year' s results first. Then proceed from there. |
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Entropy72
Master |
22-May-2024 21:34
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1 day before results release ?
BENGALURU - Australia?s media regulator is taking legal action against telecom carrier Optus, owned by Singtel, over a cyber attack it faced in September 2022, Optus said on May 22. In September 2022, Australia?s No. 2 telco faced a massive data breach which exposed customers? personal information including home addresses, passport numbers and phone numbers. More than 10 million customers were affected. The Australian Communications and Media Authority is alleging that Optus failed to protect the confidentiality of customers? personally identifiable information from unauthorised interference or unauthorised access. Optus said it intends to defend the proceedings. ?At this stage, Optus Mobile is not able to determine the quantum of penalties, if any, that could arise,? the company said. ?Optus has previously apologised to its customers and has taken significant steps, including working with the police and other authorities, to protect them,? it added. Singtel shares closed down 0.4 per cent at $2.40 on May 21. The company is due to release its second half-year results before the start of trading on May 23. Singtel warned in April of a $3.1 billion impairment hit and a net loss in the second half of its 2024 financial year. It said then that about $2 billion of the total impairment provision originated from Optus? goodwill. The cyber attack led to Australian Prime Minister Anthony Albanese calling for privacy rules to be toughened to force companies to notify banks faster when they experience similar data breaches. Ms Kelly Bayer Rosmarin, Optus? then chief executive, resigned in November 2023 following the cyber attack and a nationwide outage in 2023. REUTERS |
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MrBear12
Supreme |
22-May-2024 17:28
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Tmr' s dividend announcements. Guessers are: BinderyT and MrBear 7.0 Glooper and Luke 6.8 Pursuer76, Potato and Wiseman 6.5 (Wiseman anticipating a special dividend too!) SDEXXXXD 6.2 Any others? Results out at about 7am tomolo. In case I don' t wake up. What is the prize?  A ' useful post' vote for your post = 2 points on Share Junction. Now, what can we buy with two points? |
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MrBear12
Supreme |
22-May-2024 14:21
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Singtel shld just focus on its core business and not have to start up Reits which can be costly to maintain. | ||||
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SDEXXXXD
Veteran |
22-May-2024 13:48
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https://youtu.be/HDGxgVRuezI?si=ksZ31jnfYKBkOMnG
Saw this clip from Dr Wealth (first 3.5 mins) |
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MrBear12
Supreme |
21-May-2024 20:49
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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240 is fair ending to a mixed year. Thurs morning verdict.
Maybank Securities analysts have kept their 'buy' call and $3.05 target price on Singapore Telecommunications Z74 -0.42% , after positive 1QFY2024 indicators reported by Telkonsel, its 29.6%-held Indonesia associate. For the three months ended March, Telkomsel's core net income increased by 17.9% y-o-y and up 5.5% q-o-q, thanks to lower costs even as revenue held steady. "While Telkomsel went through a relatively tough patch in the past 1-2 years, we see improvement on the horizon as reflected in improving mobile momentum and visible Indihome integration synergies on the cost side," write analysts Hussaini Saifee and Etta |
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arkan1111
Veteran |
21-May-2024 15:59
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5pm may be $2.47
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