I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


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Thursday 8 February 2018

SingTel


Many retail investors are attracted by 5% yield. Break the next strong support at $3.38 convincingly. Higher yield!


5 comments:

  1. Hi bro cw

    Yesterday 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

    ReplyDelete
  2. Hi bro cw

    Yesterday 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

    ReplyDelete
  3. Dear Sir,
    Are 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?

    ReplyDelete
    Replies
    1. 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.

      Delete
  4. In a frenzied market, sitting on the sidelines is a difficult choice.

    ReplyDelete

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