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Friday, November 13, 2020

SingTel

 One of the local telco blue chips counter that I have traded for the past 20+ years. Never seem to fail us with multi billion dollar rev. 

Good cash flow is a positive sign!




I am happy with the half year interim dividend of 5.1 cents although it is much lowered than last year at 6.8 cents. At least they are still paying out dividend unlike certain companies! Conserved cash!  


I think good chance rev may get boosted for overseas investment. May be Final dividend can expect a higher payout dividend of 7-8 cents.

Char wise, looks bullish!

Likely to continue to trend higher towards $2.50 with extension to $2.70.


Not a call to buy or sell.

Pls dyodd.

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