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Thursday, May 16, 2019

SingTel

4th quarter results came in quite stable at 766.9m comparable to last year 767.9m.

Final Dividend of 10.7 cents has been declared.
Ex-dividend on 26th July and payout date on 15th Aug. 
Full year dividend of 17.5 cents is nice.


FCF is healthy at about 3.65b which is sufficient to cover the Dividend payout if about 2.8b.

TA wise, looking good to re-attempt 3.20 level.
Crossing over smoothly plus good volume that may drive the price higher towards 3.28 and above.


The company has started to buy back share yesterday of 437,333 share at 3.11-3.12 , looks positive.
Long time didn't see company buying back share.

Not a call to buy or sell.

Pls dyodd.


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