This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!
"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder
"For the things we have to learn before we can do them, we learn by doing them." - Aristotle
It is here where I share with you how I did it!
FREE Education in stock market wisdom.
Think Investing as Tug of War - Read more? Click and scroll down
Hi bro cw
ReplyDeleteYesterday I put q at 3.36 in the morning seeing it drop till 3.37... but no chance then it slowly going up to 3.40
My broker told me now still very volatile for singtel... it may or may not drop further... ask me consider to wait for it settle 1st then buy...
I also see recent US market sentiment not so good... So I withdraw my q... now stat sideline see how it goes...
Sy
Hi bro cw
ReplyDeleteYesterday I put q at 3.36 in the morning seeing it drop till 3.37... but no chance then it slowly going up to 3.40
My broker told me now still very volatile for singtel... it may or may not drop further... ask me consider to wait for it settle 1st then buy...
I also see recent US market sentiment not so good... So I withdraw my q... now stat sideline see how it goes...
Sy
Dear Sir,
ReplyDeleteAre you saying the support level of 3.38 is breached and hence it might fall further?
Is the 5% yield sustainable given the cloudy environment for telecom companies across the globe?
Do take note Singtel's dividend payout ratio is 60% so it still has some buffer to sustain the yield if Mgmt decided to do it.
DeleteIn a frenzied market, sitting on the sidelines is a difficult choice.
ReplyDelete