Yongkiat
2021-07-02

$SINGTEL(Z74.SI)$Great price to load up. Current trading at its support level, 2.27 seems to be astrong support. Wait for news for the application in malaysia and it will fly back up to 2.6

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Comments

  • yongts
    2021-07-02
    yongts
    not so easy to get the digi banking license in Malaysia for Singapore company, when especially an ex Malaysia company turned Singapore company (grab). malaysia culture will not take kindly to that.
    • yongtsReplyYongkiat: 
      malaysia definitely is giving out digital bank licenses. that I have doubts.  what i doubt is grab will get the licence because they take them as traitor.
    • YongkiatReplyYongkiat: 
      Have You seen how eager to open the borders between SG and MY For the shopping belt to resume, Businesses in JB have been affected largely
    • Yongkiat: 
      Malaysia is open to any investments now. With the closure of their borders their GDP has fallen sharply as many of their countrymen are working overseas.
    • yongtsReplyYongkiat: 
      eager and desperate is one thing,singtel / grab is not the only contestant.they will not give to them due to what I say. unless corruption is more on singtel/ grab side. that is my take.
  • Yongkiat
    2021-07-02
    Yongkiat
    Grab is a fintech platform and they are actively hiring Experts and expats with rich financial knowledge to boost their transition into fintech, also take note Grab’s IPO into the US
    • Yongkiat: 
      No longer your usual ride hailing platform... Notice how they’ve effectively formed an Oligopoly in Singapore
    • yongtsReplyYongkiat: 
      it is common knowledge what you say. good for grab to go in fintech. But will you partner a new player or a season player if you have a choice?
  • yongts
    2021-07-02
    yongts
    sorry I am not trying to argue with you. I am trying to say hope this new management is good.nit like the old which is like civil servants types. hope you know what I mean.i double down on singtel too
  • yongts
    2021-07-02
    yongts
    they can be next Alibaba/ Tencent.or even facebook & many more. look at who they partner! grab in digital banking?.what grab know about digital banking & experience that singtel themselves do not know
  • yongts
    2021-07-02
    yongts
    starting a platform is easy with money.only problem is recognition & experience. singtel got recognition and money.they can partner anyone.why new player grab? scan partner  old digital banks player
  • yongts
    2021-07-02
    yongts
    Grab are new in fintech.hiring good brain as you say.cannot singtel do the same why partner grab instead of example alibaba/ tencent. can instant start business. let Alibaba hold 10% minority only.
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