SingTel - She has manged to bounce-off from 2.90 and rises up to trade at 3.24, looks like the Bull is in control and we may likely see her retesting 3.27.
A nice breakout smoothly may likely see her rising up further towards 3.41.
3rd November 2024:
SingTel - Last Friday saw the price being sold down to 2.90 but had managed to recover and close at 3.10 looks like a knee jerk reaction due to the court case for their subsidiary company - Optus involving 429 customers complaints!
Judging from the strong buying activities it looks like Bull is still in control!
Yearly dividend is about 15 cents including of special dividend for unlocking shareholders value ( estimating 3-6 cents annually).
Yield is about 4.83% at 3.10.
Not a call to buy or sell!
Pls dyodd.
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