Many retail investors are attracted by 5% yield. Break the next strong support at $3.38 convincingly. Higher yield!
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One of the spending needs that many of you would consider as part of the
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3 weeks ago
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