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Thursday, July 26, 2018

SingTel

I think price may move up to cover the Gap.



The company will be releasing its 1Q2018 result on 8th Aug before trading commence.

http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementLast12Months&F=RJ4CD5XI53N69BAA&H=f096a394aea8b3481769586ddddf6c6aed4bcd67410cac19bb4bdb8b24a8e9a3

The price just went ex.dividend yesterday as we can witnessed the Gap down of the candlestick bar being appeared on the chart.
Yesterday closing price of $3.19 is giving a yearly yield of 5.485% which is rather attractive.

I think any further weakness in price, it will present a golden opportunity for me to accumulate at a much cheaper price + higher dividend yield. Long term wise, price may fluctuate up and down, but the current market depressing price is providing a good MOS for a medium to long term investment opportunity.

I did not sell off the share but hold on to it to collect dividend + waiting for a better price to rise back to have the possibility of making some capital gains.

Plus point:
I think SingTel has a stronger balance sheet, stronger free cash flow and it pays out a fraction of its earnings as dividends to shareholders.


If the price on a good investment goes lower, I think it is presenting a good value .

18 May 2018 - long time didn't see company buying back share ! Looks positive!

Today saw the company bought back 294000+ share between $3.42 to $3.43.


http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementToday&F=H1UR0B3BPABL4KB0&H=b2e5d5b80b08f4cc5d2922ce03a9263e1a932c75229c687d33fd403eb23c2132

Not a call to buy or sell.

Please do your own due diligence.


Singtel posts record full-year earnings on NetLink Trust divestment and strong core business 

Financial year ended 31 March 2018









 Record net profit of S$5.45 billion, including divestment gains from NetLink Trust  Operating revenue up 5% to S$17.53 billion

 Strong core and digital businesses drive growth









 Free cash flow up 18% to S$3.61 billion on strong operating cash flow

 Q4 revenue stable and net profit down 19% on weaker associates’ earnings

 Proposed final dividend per share of 10.7 cents; total dividend per share of 17.5 cents












DIVIDENDS

The Board is recommending a final ordinary dividend per share of 10.7 cents, bringing the total ordinary dividend per share for the year to 17.5 cents, representing a payout of approximately S$2.86 billion.

Barring unforeseen circumstances, the Group expects to maintain its ordinary dividends of 17.5 cents per share for the next two financial years and thereafter, will revert to the payout of between 60% and 75% of underlying net profit.

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