Is SingTel recent price weakness a signal to buy?

2023-08-25

A 11% price reduction is observed in $SINGTEL(Z74.SI)$ shares in the past month. So what exactly happened?

Q1'24 results was not fantastic as the weakening of Aussie dollar (9% drop) and poorer Optus performance (1.8% drop in EBITDA margins) have contributed to a drag in SingTel earnings.

On the flip side, good performance was observed in other parts of SingTel eg. Bharti. It has achieved a 33% increase in NPAT and this is largely contributed by increase in India's mobile ARPU - average revenue per user.

All in all, the outlook for SingTel group as a whole will be pretty flat in the coming months, unless a big transformation comes about from its $6billion dollars asset monetisation efforts or an effective cost management is implemented at Optus. Meanwhile, I will stay invested and probably will accumulate abit more holdings in SingTel as the price to valuation seems relatively cheap now.

Please invest with caution!

@MillionaireTiger @TigerStars @Daily_Discussion @CaptainTiger

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Comments

CaesarHicks
2023-08-25
CaesarHicks
The company has a diversified portfolio of businesses, which provides some insulation from economic downturns.
AndreaClarissa
2023-08-25
AndreaClarissa
I think SingTel is investing heavily in growth areas, such as digital services and infrastructure.
BarbaraWillard
2023-08-25
BarbaraWillard
SingTel is investing heavily in growth areas, such as digital services and infrastructure.
AndreaClarissa
2023-08-25
AndreaClarissa
SingTel is a well-established company with a strong track record of profitability.
JohnMitchell
2023-08-26
JohnMitchell
I think its just SG stocks are really hard now
icycrystal
2023-08-25
icycrystal
thanks for sharing

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So what exactly happened?\nQ1'24 results was not fantastic as the weakening of Aussie dollar (9% drop) and poorer Optus performance (1.8% drop in EBITDA margins) have contributed to a drag in SingTel earnings.\nOn the flip side, good performance was observed in other parts of SingTel eg. Bharti. It has achieved a 33% increase in NPAT and this is largely contributed by increase in India's mobile ARPU - average revenue per user.&nbsp;\nAll in all, the outlook for SingTel group as a whole will be pretty flat in the coming months, unless a big transformation comes about from its $6billion dollars asset monetisation efforts or an effective cost management is implemented at Optus. Meanwhile, I will stay invested and probably will accumulate abit more holdings in SingTel as the price to valuation seems relatively cheap now.&nbsp;\nPlease invest with caution!&nbsp;\n<a href=\"https://ttm.financial/U/3527667618821228\">@MillionaireTiger&nbsp;</a><a href=\"https://ttm.financial/U/9000000000000149\">@TigerStars&nbsp;</a><a href=\"https://ttm.financial/U/3527667621665671\">@Daily_Discussion&nbsp;</a><a href=\"https://ttm.financial/U/3527667618000160\">@CaptainTiger&nbsp;</a>\n </body></html>","htmlText":"<html><head></head><body>A 11% price reduction is observed in&nbsp;<a href=\"https://ttm.financial/S/Z74.SI\">$SINGTEL(Z74.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>shares in the past month. So what exactly happened?\nQ1'24 results was not fantastic as the weakening of Aussie dollar (9% drop) and poorer Optus performance (1.8% drop in EBITDA margins) have contributed to a drag in SingTel earnings.\nOn the flip side, good performance was observed in other parts of SingTel eg. Bharti. It has achieved a 33% increase in NPAT and this is largely contributed by increase in India's mobile ARPU - average revenue per user.&nbsp;\nAll in all, the outlook for SingTel group as a whole will be pretty flat in the coming months, unless a big transformation comes about from its $6billion dollars asset monetisation efforts or an effective cost management is implemented at Optus. Meanwhile, I will stay invested and probably will accumulate abit more holdings in SingTel as the price to valuation seems relatively cheap now.&nbsp;\nPlease invest with caution!&nbsp;\n<a href=\"https://ttm.financial/U/3527667618821228\">@MillionaireTiger&nbsp;</a><a href=\"https://ttm.financial/U/9000000000000149\">@TigerStars&nbsp;</a><a href=\"https://ttm.financial/U/3527667621665671\">@Daily_Discussion&nbsp;</a><a href=\"https://ttm.financial/U/3527667618000160\">@CaptainTiger&nbsp;</a>\n </body></html>","text":"A 11% price reduction is observed in $SINGTEL(Z74.SI)$ shares in the past month. So what exactly happened? Q1'24 results was not fantastic as the weakening of Aussie dollar (9% drop) and poorer Optus performance (1.8% drop in EBITDA margins) have contributed to a drag in SingTel earnings. On the flip side, good performance was observed in other parts of SingTel eg. Bharti. It has achieved a 33% increase in NPAT and this is largely contributed by increase in India's mobile ARPU - average revenue per user. All in all, the outlook for SingTel group as a whole will be pretty flat in the coming months, unless a big transformation comes about from its $6billion dollars asset monetisation efforts or an effective cost management is implemented at Optus. Meanwhile, I will stay invested and probably will accumulate abit more holdings in SingTel as the price to valuation seems relatively cheap now. Please invest with caution! @MillionaireTiger @TigerStars @Daily_Discussion 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profitability.","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":212842435088416,"commentId":"212842435088416","gmtCreate":1692995864301,"gmtModify":1692995871620,"authorId":9000000000000167,"author":{"id":9000000000000167,"idStr":"9000000000000167","authorId":9000000000000167,"name":"JohnMitchell","avatar":"https://static.tigerbbs.com/f348ed259c16ca350a06124ce87ee8bb","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":212579243397328,"objectIdStr":"212579243397328","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"I think its just SG stocks are really hard now","text":"I think its just SG stocks are really hard now","html":"I think its just SG stocks are really hard now","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":106512467,"commentId":"106512467","gmtCreate":1692942529033,"gmtModify":1692942536652,"authorId":4132300740238052,"author":{"id":4132300740238052,"idStr":"4132300740238052","authorId":4132300740238052,"name":"icycrystal","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":212579243397328,"objectIdStr":"212579243397328","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"thanks for sharing","text":"thanks for sharing","html":"thanks for sharing","likeSize":2,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/212579243397328"}