KienBoon
11-09

$Singtel(Z74.SI)$  

Hope that the Australian regulator fine doesn't affect Singtel much at all. Moreover it was last year network issue of Optus. Maybank recent target price for Singtel is quite good at about $3.7. It should move towards this target progressively based on yesterday performance. Recalled Singtel was up like 5 cents which is quite impressive compared to other counters, less the local banks. Cheers. This shows the market confidence on Singtel growth and businesses indeed.

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Comments

  • snappyz
    11-13
    snappyz
    Let's hope for a smooth recovery! Singtel's resilience is promising despite the challenges.
    • KienBoon
      Yea. Hope that it will recover next week. But ex div on Wed. Maybe good chance to buy in some shares on Wed too after ex div. cheers.
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