$Singtel(Z74.SI)$ I last talk -To The Moon - Tiger Brokers Online Investing Community - To The Moon

The Bull Hunter

$Singtel(Z74.SI)$

I last talk about this counter was back in 2023, it’s been months and market conditions + SingTel prices have changed however my position remains the same. Last closing price on 12 July was $2.95. The last time we saw this price was in 2020 March pandemic. SingTel prices was on the downtrend. $2.95 wasn’t even support price because $2.95 was not only broken easily but price dive further down the months. Right now, $2.95 became the resistance price instead, having tested on 11 & 12 July.

Since Jun 2024 with SingTel joint venture into developing next gen data centre in Msia, the upward trend got steeper. With the sell down of Airtel , capital recycling to unlock value from its assets and partnering with lendlease to develop Comcentre into office, Optus new A$578 million contract, these are positive news to push the price higher.

Remember the good old days, from Sep 2010 to 2020, SingTel prices hover around $3+ region. That was way before data centres & AI , 5G wasn't even there. Let's not even talk about digital banks. SingTel is clearly in a different position as of today 2024 and price should be able to match it's hey days glory

Modified in.07-15

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

3

1

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":327552710762696,"tweetId":"327552710762696","gmtCreate":1721002290659,"gmtModify":1721009802472,"gmtUserModify":1721009783399,"author":{"id":3583411879803024,"idStr":"3583411879803024","authorId":3583411879803024,"authorIdStr":"3583411879803024","name":"The Bull Hunter","avatar":"https://community-static.tradeup.com/news/df3b91b916e52459984f845c2023027d","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":4,"crmLevelSwitch":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.02.15","exceedPercentage":"80.01%","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":53,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body><a href=\"https://ttm.financial/S/Z74.SI\">$Singtel(Z74.SI)$&nbsp;</a>&nbsp;\n<p>I last talk about this counter was back in 2023, it’s been months and market conditions + SingTel prices have changed however my position remains the same. Last closing price on 12 July was $2.95. The last time we saw this price was in 2020 March pandemic. SingTel prices was on the downtrend. $2.95 wasn’t even support price because $2.95 was not only broken easily but&nbsp;price dive further down the months. Right now, $2.95 became the resistance price instead, having tested on 11 &amp; 12 July. </p>\n<p>Since Jun 2024 with SingTel joint venture into developing next gen data centre in Msia, the upward trend got steeper. With the sell down of Airtel , capital recycling to unlock value from its assets and partnering with lendlease to develop Comcentre into office, Optus new A$578 million contract, these are positive news to push the price higher. &nbsp;</p>\n<p><br></p>\n<p>Remember the good old days, from Sep 2010 to 2020, SingTel prices hover around $3+ region. That was way before data centres &amp; AI , 5G wasn't even there. Let's not even talk about digital banks. SingTel is clearly in a different position as of today 2024 and price should be able to match it's hey days glory</p></body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/Z74.SI\">$Singtel(Z74.SI)$&nbsp;</a>&nbsp;\n<p>I last talk about this counter was back in 2023, it’s been months and market conditions + SingTel prices have changed however my position remains the same. Last closing price on 12 July was $2.95. The last time we saw this price was in 2020 March pandemic. SingTel prices was on the downtrend. $2.95 wasn’t even support price because $2.95 was not only broken easily but&nbsp;price dive further down the months. Right now, $2.95 became the resistance price instead, having tested on 11 &amp; 12 July. </p>\n<p>Since Jun 2024 with SingTel joint venture into developing next gen data centre in Msia, the upward trend got steeper. With the sell down of Airtel , capital recycling to unlock value from its assets and partnering with lendlease to develop Comcentre into office, Optus new A$578 million contract, these are positive news to push the price higher. &nbsp;</p>\n<p><br></p>\n<p>Remember the good old days, from Sep 2010 to 2020, SingTel prices hover around $3+ region. That was way before data centres &amp; AI , 5G wasn't even there. Let's not even talk about digital banks. SingTel is clearly in a different position as of today 2024 and price should be able to match it's hey days glory</p></body></html>","text":"$Singtel(Z74.SI)$ I last talk about this counter was back in 2023, it’s been months and market conditions + SingTel prices have changed however my position remains the same. Last closing price on 12 July was $2.95. The last time we saw this price was in 2020 March pandemic. SingTel prices was on the downtrend. $2.95 wasn’t even support price because $2.95 was not only broken easily but price dive further down the months. Right now, $2.95 became the resistance price instead, having tested on 11 & 12 July. Since Jun 2024 with SingTel joint venture into developing next gen data centre in Msia, the upward trend got steeper. With the sell down of Airtel , capital recycling to unlock value from its assets and partnering with lendlease to develop Comcentre into office, Optus new A$578 million contract, these are positive news to push the price higher. Remember the good old days, from Sep 2010 to 2020, SingTel prices hover around $3+ region. That was way before data centres & AI , 5G wasn't even there. Let's not even talk about digital banks. SingTel is clearly in a different position as of today 2024 and price should be able to match it's hey days glory","highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/327552710762696","repostId":0,"isVote":1,"tweetType":1,"viewCount":1137,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["Z74.SI"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":961,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/327552710762696"}