Category: SingTel

Buy @ $3.93

A new addition to my portfolio… now I have all 3 TELCOs…. Try for Yield Rotations… 1H Results will be out on 12-Nov (AM), last year Div = 6.8ct… 😀

Sell @ $4.25

Cleared my last lots for a very tiny profit… Good price support as cd for 10.7ct… 😀

Buy @ $3.93

Jump-Q during 9am matching but dropped to a low of $3.91 after that… 😀

 

Sell @ $4.05

What a remarkable recovery! Contra off 3 batches, a huge loss for the $4.12 ones but counter balanced by the AM $3.93 ones. Only a tiny net profit but freed up a good amount of cash. Hit a high of $4.08 and closed @ $4.07. What a roller coaster ride! 😀

Buy @ $4.02

Buying with every 10ct drop!  Closed @ $3.98…. 😀

Buy @ $4.12

Average down my only other buy… Failed in 5pm Jump-Q for $4.11 due to last second change but still got it as more sellers than buyers…. Another of my TELCO fire… This ought to be the strongest amongst the 3 as UBS report was not as negative on it… PE 17.36, Yield 4.25%… 😀

Buy @ $4.22

A new addition to my portfolio… Now, I have a hat-trick of all TELCO stocks… Was thinking their Div = 10.7ct + UBS least unfavorable TELCO candidate ought to provide better price support… 😀

Sell @ $3.95

Cleared my last lots. Original objective of Yield Rotations Strategy achieved… 😀

1H results released on 12-Nov before mkt opened. Surprisingly, better than I expected. Associates did well, especially Bharti (India) and AIS (Thailand). Optus wasn't as bad as I was expecting as their A$ was flat vs -5% (my records)…

Sell @ $3.83

Cleared my profitable ones, left the $3.90 ones. 1H results will be out on 13-Nov (AM), Div = 6.8ct for past 4 years and good chance will be maintained. But, EPS will most likely be dragged down by the strong S$ as more than half of their biz are overseas. Will likely be most affected by Optus as A$ was -5% for the Q. Just playing safe… 😀

Sell @ $3.78

Jump Q at 5pm matching. Try to maintain a minimum free cash position since I did quite  a fair bit of buying today… 😀

Buy @ $3.71

Getting cheaper, average down my earlier ones….  😀

1H results soon (last year on 13-Nov AM ; Div = 6.8ct since FY11). Earnings will likely be negatively impacted by the stong S$. The largest overseas contribution is from Optus and A$ had weakned ~5% in Sep Q. Their aggressive acquisitions via Amobee (US) in Digital Lifestyle biz is expected to contribute to Revenue, but little or no Profits.

So, why buy?  PE = 16-17, not too excessive, altho' ideally, it'd be better to buy at lower prices for magin of safety. Yield = 4.5%, not that great but better than many other Yield Stocks. Mainly, buy for their dominant Pricing Power for Data (3G -> 4G), especially in Singapore, where consumers are being 'milked' at increasing subscription rates and becoming more and more addicted to higher and higher data usage… The risk is IDA may open up the playing field to REAL overeas competitors…