Category: SingTel

Sell @ $3.84

Sold at a loss… but becomes profitable after 1 dividend collected in Jan… Same strategy to either "short" or if unsuccessful, treat as freeing up more cash for other opportunities… 😀

Sell @ $3.66

Contra off… Just BE… Need Cash… 😀

Buy @ $3.63

Buy back, consider as a successful "short"…  IDA very free, disturbed TELCO Price Recovery by announcing they'll lower the Price Barrier for a 4th TELCO by lowering the minimum bid price to $35Mil and Spectrum Rights to Commence on Apr '17….

Interesting day for TELCOs as,

• M1 : Closed @ $2.60, +6ct ; Range $2.54 – $2.64 ; Open $2.55
• Singtel : Closed @ $3.64, -8ct ; Range $3.60 – $3.71 ; Open $3.70
• Starhub : Closed @ $3.40, -6ct ; Range $3.38 – $3.44 ; Open $3.43

Perhaps the Report by Nomura dated 22-Feb (News link to TheEdge posted by David in whatapps) helped… Nomura Upgraded M1 to "BUY" and Target Price Raised from $2.95 to $3.30…. 😀

Sell @ $3.76

Contra off…  Switch to Starhub… 😀

TELCOs mkt price data today,

• M1 : Close $2.52, -5ct (-1.9%) ; Range $2.48 – $2.59 ; Open $2.59
• Singtel : Close $3.76, +7c6 (+1.9%) ; Range $3.73 – $3.79 ; Open $3.78
• Starhub : Close $3.49, -7ct (-2%) ; Range $3.49 – $3.60 ; Open $3.56
• STI : Close 2657.57, +43.78 (+1.67%)

TELCOs financial ratio,

• M1 : PE =13.19 ; Yield = 6.07%
• Singtel : PE = 15.84 ; Yield = 4.65%
• Starhub : PE = 16.23 ; Yield = 5.73%

Note that Singtel is the most diversified regionally and in product segments. Payout Rate is ~75%. At the other extreme, M1 is the least diversified and most likely to be affected by a potential 4th TELCO… 

 

Buy @ $3.68

Replacement for a recent sell… treat it as a "Short" strategy… Closed $3.69, -11ct (-2.9%) ; Range $3.65 – $3.79 ; Open $3.78. It'd been creeping up recently after a flat Q3 yoy where EPS = 5.98ct vs 6.09ct. Was quite surprised to see it going up, that was the trigger to sell some.

Yesterday's price + and today's price – may be in tandem with Starhub… Starhub reported a disappointing (for me) Q4, after a previous strong Q3… Mkt may hv bought on high expectations and thus got dumped today… Starhub -24ct (-6.3%) today… The good news is, Div = 5ct / Q guided for Starhub for FY16… 😀

Sell @ $3.74

+16ct today… Sold at a loss but after adding the 6.8ct div rx on 13-Jan, there's a small profit… With mkt being so volatile, I better take profits whenever possible to raise free cash for recycling… 😀

Buy @ $3.76

Average down… xd on 21-Dec and risk of dropping more than Div = 6.8ct like for most recent stocks… Fed minutes will be out tonight, chances of rate hike is very high… but may have already been factored into the market recent declines… US was +ve last night, STI followed… 😀

Buy @ $3.88

Add to average down… Hv to pray that coming 1H results don't disappoint… 😀

Buy @ $3.93

Add back to my portfolio again…. 😀

Sell @ $3.99

Contra off… no more left… Don't get too attached to my shorter term stocks as market is still full of volatility… 😀