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Saturday, October 19, 2024

SingTel- She seems to be able to stay above the 50 Days Moving Average, looks like market doesn't want her to go down! Lets see if she can rise up to clear 3.32 level smoothly!

 SingTel- She seems to be able to stay above the 50 Days Moving Average,  looks like market doesn't want her to go down! Lets see if she can rise up to clear 3.32 level smoothly! 



Beyond 3.32, she may rise up to retest the recent high of 3.41.

She will be reporting her 1st Half results in November,  estimating interim  + special of 5.2 cents & 1.9 cents. That is 7.1 cents plus Final dividend abd special of 7.9 cents,  total dividend is 15 cents.

Yield is about 4.6% which is quite decent. 

If you want something above 5% yield can look at ComfortDelGro or Wilmar. 

Pls dyodd. 


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