Buy @ $3.08. Have not been a shareholder of SingTel for a long time. Yield @ 4.058% , PE 14.21, the worst amongst all the TELCOs, but the only one that’s diversified regionally.
Sep-09 is their mid-yr and for the past 2 years, div was 5.6ct. I don’t expect it to be any lesser this year and I expect the positives to come from the stronger A$ (Optus biz in Australia).
Big selling since they outbid StarHub for the BPL rights (mkt estimate is they paid US$400M but I doubt so as Starhub was already losing $$ fm their US$150M bid last time – My Guess is max. US$180M-US$200M. Further, if we view it fm the perspective that SingTel’s Net Profit of ~S$4Bil is more than 10x that of StarHub, this may not be a too significant impact on their bottomline) and Bharti merger being called off. Dropped from $3.2x since beginning Oct, looks like some kind of co-ordinated selling! Seller ’78’ – ML. 😀
11:16:22 3.060 12,000 Sell Down
11:16:21 3.070 10,000 Buy Up
11:16:04 3.070 1,000 Buy Up
11:15:47 3.070 2,000 Buy Up
11:15:35 3.070 2,000 Buy Up
11:15:30 3.070 1,721,000 Sell Down (wah…)
11:14:42 3.080 3,000 Buy Up
11:14:19 3.070 1,000 Sell Down
11:13:59 3.080 2,000 Buy Up
11:13:41 3.080 2,000 Buy Up
11:13:36 3.080 1,000 Buy Up
11:12:48 3.080 5,000 Buy Up
11:11:40 3.070 10,000 Sell Down
11:11:06 3.070 2,000 Sell Down
11:10:51 3.080 2,000 Buy Up
11:09:42 3.080 1,000 Buy Up
11:09:26 3.070 1,000 Sell Down
11:09:06 3.080 50,000 X
11:08:53 3.070 21,000 Sell Down
11:08:52 3.070 38,000 Sell Down
11:08:44 3.080 2,000 Buy Up
11:08:18 3.080 1,000 Buy Up
11:08:17 3.080 189,000 Sell Down
11:08:16 3.080 7,000 Sell Down
11:08:16 3.080 80,000 Sell Down
11:08:15 3.080 21,000 Sell Down
11:08:14 3.080 224,000 Sell Down
11:08:13 3.080 8,000 Sell Down
11:08:12 3.080 500,000 Sell Down
11:07:24 3.090 1,000 Buy Up
Not sure which one!
2:49pm
Buy @ $3.06. Q’d before lunch break and got done. Seller ’83’ – CitiGroup
14:49:24 3.066 90,000 X
14:49:05 3.070 1,000 Buy Up
14:49:04 3.060 257,000 X
I always thot’ ‘X’ means Married Deal between 2 willing party that’s done outside the market!