SingTel

After hitting the high of 3.11, it has retreated quite a bit and close lower at 2.99.

 Looks bearish! If 3.00 level cannot reclaim back then it may go down to test 2.95 with extension to 2.90.

Yearly dividend of 17.5 cents for 2019 and 2020.  Thereafter, I think dividend pay out % is based in 60-75% of Net Income.

Yield of 5.86% is looking attractive at 2.99.

 I am looking to accumulate if it goes back to 2.90 level .


 Not a call to buy or sell.

 Pls dyodd.