SingTel    Last:4.35   -

singtel

Share price was still up in the morning. Now down by 10 cents after this news annoucement in the afternoon.

JurongW      ( Date: 07-Apr-2026 14:37) Posted: Singtel Group initiates exercise to transfer Singtel Special Discounted Shares (SDS) from CPF Board to The Central Depository (CDP) accounts of SDS holders, giving SDS holders direct control over their shares https://links.sgx.com/1.0.0/corporate-announcements/E98O13YU1KOYT7AK/882235_Press%20Release_20260407_Transfer%20Exercise%20for%20Singtel%20SDS.pdf

 

Singtel Group initiates exercise to transfer Singtel Special Discounted Shares (SDS) from CPF Board to The Central Depository (CDP) accounts of SDS holders, giving SDS holders direct control over their shares

https://links.sgx.com/1.0.0/corporate-announcements/E98O13YU1KOYT7AK/882235_Press%20Release_20260407_Transfer%20Exercise%20for%20Singtel%20SDS.pdf

 

 

 

SBB today - 400,000 shares bought at $4.96 to $4.98 ($1,991,221)

 

Sliding down to test the lower channel or 100 EMA before staging a rebound to retest the upper channel.

 

SBB today - 880,100 shares bought $4.96 to $4.98 ($4,375,636)

 

SBB today - 1,417,300 shares bought at $4.94 to $4.98 ($7,032,278)

JurongW      ( Date: 24-Mar-2026 17:48) Posted: SBB today - 2,240,000 shares bought at $4.93 to $4.98 ($11,111,614) JurongW      ( Date: 23-Mar-2026 17:51) Posted: SBB today - 3,362,500 shares bought at $4.92 to $4.97 (16,658,961)

 

SBB today - 2,240,000 shares bought at $4.93 to $4.98 ($11,111,614)

JurongW      ( Date: 23-Mar-2026 17:51) Posted: SBB today - 3,362,500 shares bought at $4.92 to $4.97 (16,658,961)

 

price holding well.

Joelton      ( Date: 24-Mar-2026 10:34) Posted: DBS downgrades Singtel to &lsquo hold&rsquo on weaker valuation of Bharti Airtel Its analyst lowers his target price on the counter to S$5.36 [SINGAPORE] DBS Group Research analyst Sachin Mittal has downgraded his rating on   Singtel   : Z74 -5.37% to &ldquo hold&rdquo , with a lowered target price to S$5.36 in his Monday (Mar 23) report, citing the lower valuation of the telco&rsquo s regional associate Bharti Airtel.     He decreased the fair value of the Indian mobile carrier by 13 per cent, from 2,295 rupees (S$31.38) to 2,000 rupees.   He also expects Singtel&rsquo s operating profit to be &ldquo under pressure&rdquo in FY2027 amid moves of sector consolidation if a merger between Simba Telecom and M1 goes through.   In August 2025, M1&rsquo s telco business was put up by Keppel for sale to mobile network operator Simba Telecom for an enterprise value of S$1.43 billion, in an all-cash deal.   Regulatory approval is still pending for the merger.    Intensified sector competition from a more &ldquo aggressive StarHub&rdquo has also left the analyst unable to rule out downside risks of 5 to 6 per cent to Singtel&rsquo s FY2027 consensus estimates.    Annual cost savings of around S$200 million, which Singtel has delivered over the past three years, have ended now, too, Mittal noted.    This means that amid such conditions, Singtel&rsquo s core business &ndash trading at a seven times 12-month forward Ebitda, may not re-rate further, he said.    Singtel users reported Internet disruption on Monday, after three consecutive days of similar issues the week before an eight-hour disruption occurred on Mar 16.     Its shares ended Monday 5.4 per cent or S$0.28 lower at S$4.93.    Singtel investigating after users report Internet disruption again   At this juncture, however, Singtel&rsquo s Australian player Optus and NCS in Singapore still drive some Ebit growth, and data centres are expected to grow sharply from FY2027 as well.    But a decline in the Australian dollar or &ldquo irrational competition&rdquo within Australia itself, could hinder recovery, noted Mittal, with Optus facing potential headwinds.    Bharti Airtel weakness On the lower valuation for Bharti Airtel, he said there could be &ldquo downside risk to market expectations&rdquo even though the brokerage forecasts an approximate 25 per cent earnings growth for Bharti Airtel in FY2027.    &ldquo (T)his is materially below the over 40 per cent expected by consensus,&rdquo he said.    The potential six-month delay in the tariff hike in India could lead to Bharti Airtel&rsquo s share price being &ldquo range-bound&rdquo as well, said Mittal.    &ldquo We see limited near-term likelihood of tariff hikes for Bharti Airtel, with increases now unlikely in June 2026 amid rising energy costs that are weighing on consumer purchasing power in India,&rdquo he said on Monday.    This performance is thus expected to lower Singtel&rsquo s FY2027 forward earnings by 7 per cent, he added.    &ldquo Singtel&rsquo s dividend yield is also below 4 per cent, as compared with a five-year average of 4.8 per cent, which does not support big upside potential either,&rdquo he said.    He said that since June 2024, there has been a &ldquo strong correlation of 63 per cent&rdquo between Singtel&rsquo s share price and the market value of its key associate companies like Bharti Airtel, Advanced Info Services, Telkom Indonesia, and Globe Telecom.    &ldquo From September 2009 to December 2017, this correlation was robust, with Singtel&rsquo s share price showing an approximate 69 per cent positive correlation with its associates&rsquo market value,&rdquo said Mittal.   The period reportedly coincided with Singtel&rsquo s core business strength, with core Ebit steadily increasing until the third quarter in 2018 to S$768 million.    That said, Singtel&rsquo s core Ebit steadily declined after that point, due to weak performances in Singapore and Australia &ndash with the company&rsquo s share price exhibiting a strong correlation with core Ebit at 74 per cent.    &ldquo This divergence indicates that Singtel&rsquo s core operations&rsquo declining performance have begun to overshadow contributions from its regional investments,&rdquo said Mittal.       Singtel holds significant stakes in telecom associates in India, Indonesia, the Philippines and Thailand these have contributed to over 64 per cent of the group&rsquo s operating profit in FY2025.

 

 

Target price reduced to $5.36

Singapore Telecommunications Ltd: Too Narrow Holding Company Discount?

 

SBB today - 3,362,500 shares bought at $4.92 to $4.97 (16,658,961)

 

Lian He Zao Bao - 21 Mar

 

Analysis by MSCP (for reference only)


Here&rsquo s a structured analysis of the Singtel (Z74.SI) chart you shared, based on the technical indicators shown:

---

📊 Price & Trend Context

• Current Price: 5.21 SGD (close on 20 March)
• Recent Move: +0.06 (+1.17%) &mdash a healthy daily gain.
• Moving Averages:
  • MA(50) = 4.81
  • MA(100) = 4.70
  • MA(200) = 4.42
  • Price is  well above all three averages, suggesting a strong medium- to long-term uptrend.

---

📈 Momentum & Strength

• RSI (14) = 64.53
  • In the neutral-to-bullish zone. Not yet overbought (> 70), but showing strong momentum.
• MACD (12,26,9):
  • MACD Line = 0.09, Signal Line = 0.08, Histogram = +0.01
  • Positive crossover with a small histogram &mdash bullish, but momentum is modest.
• ADX (14) = 29.82
  • Indicates a  moderately strong trend.
  • -DI (21.85) > +DI (17.04) &rarr sellers still slightly stronger, but the recent price move suggests bulls are catching up.

---

📉 Volatility & Risk

• Bollinger Bands (20,2):
  • Upper Band = 5.20, Middle = 5.03, Lower = 4.86
  • Price closed at 5.21,  just above the upper band  &rarr short-term overextension, often followed by consolidation or pullback.
• Volume = 46.9M
  • Elevated trading activity, confirming conviction behind the move.

---

🧭 Key Takeaways

• Bullish bias: Price above all major moving averages, RSI in healthy range, MACD positive.
• Caution near-term: Closing above the Bollinger upper band suggests possible short-term pullback or sideways consolidation.
• Trend strength: ADX confirms a solid trend, but DI lines show bears still have some grip. Sustained closes above 5.20&ndash 5.25 would tilt control decisively to bulls.

---

🎯 Levels to Watch

• Support: 5.03 (Bollinger mid-band), 4.81 (50-day MA).
• Resistance: 5.27 (recent high), then psychological 5.30.
• Breakout trigger: A strong close above 5.30 could open room toward 5.50.

---

👉 In short: Singtel is in a clear uptrend, supported by strong moving averages and momentum indicators. However, the price closing above the Bollinger upper band suggests it may pause or consolidate before attempting another leg higher.

Breaking above  5.50 SGD  would be a significant technical event for Singtel, because it represents both a psychological round number and a resistance level beyond the recent highs. Here&rsquo s how the scenario unfolds:

---

🚀 Bullish Implications

• Trend Continuation: A decisive close above 5.50 signals that buyers are firmly in control, extending the uptrend.
• Momentum Confirmation: RSI would likely push toward or above 70, entering overbought territory, but in strong trends this can persist.
• Volume Watch: If the breakout is accompanied by high volume, it validates institutional participation and strengthens the move.

---

📊 Potential Upside Targets

• Immediate target: 5.70 (next resistance zone, often a magnet after round-number breaks).
• Extended target: 6.00 (psychological milestone and long-term resistance).
• Measured move: The prior consolidation range (around 4.80&ndash 5.20) projects ~0.40 upside, giving a technical target near 5.60.

---

⚠ ️ Risks & Traps

• False Breakout: If price spikes above 5.50 but closes back below, it could trap late buyers and trigger a pullback toward 5.20&ndash 5.30.
• Overbought RSI: Sustained readings above 70 may lead to short-term corrections even in strong trends.
• Macro Factors: Broader market sentiment or sector news could override technical signals.

---

🧭 Scenario Calibration

Scenario	Trigger	Likely Path	Risk Band
Bullish breakout	Close > 5.50 with volume	Run toward 5.70&ndash 6.00	Pullback risk if RSI overheats
Neutral consolidation	Hover 5.40&ndash 5.50	Sideways drift, digest gains	Support at 5.20
Bearish rejection	Intraday > 5.50 but close < 5.45	Pullback to 5.20&ndash 5.30	Trend intact unless < 4.80

---

👉 In short:  a clean break above 5.50 would likely open the path toward 5.70&ndash 6.00, but watch for volume confirmation and guard against false breakouts.

 

Hi Bear,
I' ll will be zzzz soon.    Sleepless in Jurong...reminds me of the movie, Sleepless in Seattle - That' s a witty remark.
True enough I' m a late sleeper - usually watching movies, youtube or Chinese anime. 
Dow is tumbling while Powell takes the questions, no sign of rebounding 30 mins into the interview.

MrBear12      ( Date: 19-Mar-2026 02:26) Posted: monsieur le JurongW, you are a nite bird... are you waiting for Fed to announce decision in a few minutes?? if not... go sleep lah... otherwise you become sleepless in Jurong JurongW      ( Date: 19-Mar-2026 02:24) Posted: Lian He Zao Bao article on 18 Mar Translation Network incidents hardly shake fundamentals Singtel stock rises instead of falling Article (by Wang Yangfa) Recent network disruptions did not dampen investor confidence in Singtel. Instead, the company&rsquo s stock price rose over two consecutive trading days. On March 17, Singtel&rsquo s shares closed at SGD 5.17, with a cumulative increase of 2.3% across two days. Analysts point out that investors are focusing on the company&rsquo s long-term fundamentals, rather than short-term operational incidents. According to FSM Global, the market reaction shows that investors believe Singtel&rsquo s financial strength and business foundation remain solid. They emphasize that while network stability is important, temporary incidents are unlikely to alter the company&rsquo s overall trajectory. Analysts from OCBC also noted that risk management and investor sentiment play a crucial role in determining stock performance. They believe that Singtel&rsquo s fundamentals provide resilience against short-term shocks. The article further mentions that regulatory authorities may respond to the recent incidents, highlighting the importance of maintaining stable network operations. However, experts agree that Singtel&rsquo s long-term outlook remains intact, and the stock&rsquo s upward movement reflects this confidence.

 

monsieur le JurongW, you are a nite bird... are you waiting for Fed to announce decision in a few minutes?? if not... go sleep lah... otherwise you become sleepless in Jurong

JurongW      ( Date: 19-Mar-2026 02:24) Posted: Lian He Zao Bao article on 18 Mar Translation Network incidents hardly shake fundamentals Singtel stock rises instead of falling Article (by Wang Yangfa) Recent network disruptions did not dampen investor confidence in Singtel. Instead, the company&rsquo s stock price rose over two consecutive trading days. On March 17, Singtel&rsquo s shares closed at SGD 5.17, with a cumulative increase of 2.3% across two days. Analysts point out that investors are focusing on the company&rsquo s long-term fundamentals, rather than short-term operational incidents. According to FSM Global, the market reaction shows that investors believe Singtel&rsquo s financial strength and business foundation remain solid. They emphasize that while network stability is important, temporary incidents are unlikely to alter the company&rsquo s overall trajectory. Analysts from OCBC also noted that risk management and investor sentiment play a crucial role in determining stock performance. They believe that Singtel&rsquo s fundamentals provide resilience against short-term shocks. The article further mentions that regulatory authorities may respond to the recent incidents, highlighting the importance of maintaining stable network operations. However, experts agree that Singtel&rsquo s long-term outlook remains intact, and the stock&rsquo s upward movement reflects this confidence.

 

Lian He Zao Bao article on 18 Mar



Translation

Network incidents hardly shake fundamentals Singtel stock rises instead of falling

Article (by Wang Yangfa)

Recent network disruptions did not dampen investor confidence in Singtel. Instead, the company&rsquo s stock price rose over two consecutive trading days.

On March 17, Singtel&rsquo s shares closed at SGD 5.17, with a cumulative increase of 2.3% across two days. Analysts point out that investors are focusing on the company&rsquo s long-term fundamentals, rather than short-term operational incidents.

According to FSM Global, the market reaction shows that investors believe Singtel&rsquo s financial strength and business foundation remain solid. They emphasize that while network stability is important, temporary incidents are unlikely to alter the company&rsquo s overall trajectory.

Analysts from OCBC also noted that risk management and investor sentiment play a crucial role in determining stock performance. They believe that Singtel&rsquo s fundamentals provide resilience against short-term shocks.

The article further mentions that regulatory authorities may respond to the recent incidents, highlighting the importance of maintaining stable network operations. However, experts agree that Singtel&rsquo s long-term outlook remains intact, and the stock&rsquo s upward movement reflects this confidence.

 

 

 

Singtel activates rectification measures after users report mobile service disruption - CNA