SingTel *Official* (SGX: Z74)

[WindBoi]

Thanks for sharing these articles. I will take some time to go over them.

By the way, I agree wif ur views too. A fundamental shift in technology might render telecoms obsolete. So buying all 3 telecoms is not wise. However, I dun see that happening soon.

Or to put it simply, I dun think the telecoms will suddenly collapse within weeks. If there is a huge change in technology, I still have time ti liquidate my holdings.

IMO I am still debating whether the local scene is much different then the European telcos

 

[lionelow]

What is the cutoff date to entitle for dividend?

 

[Chua Zhiming]

What is the cutoff date to entitle for dividend?

Aug 5th. Paid on 26th Aug.

 

[lionelow]

Aug 5th. Paid on 26th Aug.

thanks alot going to buy as FD.

 

[cloud77]

One month to go before it's 19 cents dividend. Price has been going up last 2 weeks. Dilemma is whether should sell just before xd or take dividend ( n hope it does not go down more than 19 cents on 6 Aug)

 

[Paul Lee]

One month to go before it's 19 cents dividend. Price has been going up last 2 weeks. Dilemma is whether should sell just before xd or take dividend ( n hope it does not go down more than 19 cents on 6 Aug)

I think from historical observation, it is more likely that the price on XD will probably drop >19c from the last CD price.

But that by itself does that means that one should sell to capitalise on the gain since the dividend was announced.

Some traders have been successful in adopting such a strategy but I remain unconvinced that this is an effective way to generate returns. However, if they are able to pull this off consistently, then I will have to congratulate them on their success.

Personally, I will not adopt such a strategy and will continue to hold on to the shares; despite it dropping more than 19c from the last CD price. (Vested)

 

[Chua Zhiming]

One month to go before it's 19 cents dividend. Price has been going up last 2 weeks. Dilemma is whether should sell just before xd or take dividend ( n hope it does not go down more than 19 cents on 6 Aug)

It will definitely drop more then 19 cents.

If you're a trader, you will sell before xd. If you're a investor, you will hold and collect divs for the next few years (must consider at what price you bought of course).

 

[cloud77]

I think from historical observation, it is more likely that the price on XD will probably drop >19c from the last CD price.

But that by itself does that means that one should sell to capitalise on the gain since the dividend was announced.

Some traders have been successful in adopting such a strategy but I remain unconvinced that this is an effective way to generate returns. However, if they are able to pull this off consistently, then I will have to congratulate them on their success.

Personally, I will not adopt such a strategy and will continue to hold on to the shares; despite it dropping more than 19c from the last CD price. (Vested)

Thanks for the words of wisdom. In this case , assuming it really drop say 25 cents after XD, was wondering wouldn't it be better to sell before XD on 4 Aug and buy back a day after that to get a better overall position ? Thanks for your advice

 

[cloud77]

It will definitely drop more then 19 cents.

If you're a trader, you will sell before xd. If you're a investor, you will hold and collect divs for the next few years (must consider at what price you bought of course).

if the drop is significant, wouldn't it be better to buy again after XD ? (presumming the next day drop is > dividend + brokerage for sell + buy in again). Pls let me know if my thinking is correct ?

 

[Chua Zhiming]

if the drop is significant, wouldn't it be better to buy again after XD ? (presumming the next day drop is > dividend + brokerage for sell + buy in again). Pls let me know if my thinking is correct ?

yep absolutely. But you have to take the risks lor, must see how high it goes and whether there are related news which could affect the price.

I dont have so many lots of singtel to earn much from selling/buying back and i am happy with 7% div payout so i cant be bothered.

 

[cloud77]

yep absolutely. But you have to take the risks lor, must see how high it goes and whether there are related news which could affect the price.

I dont have so many lots of singtel to earn much from selling/buying back and i am happy with 7% div payout so i cant be bothered.

Thks for the confirmation

 

[Dividends Warrior]

Not selling my Singtel lots. Gonna hold long-term.

http://dividendsrichwarrior.blogspot.com/2011/03/let-your-portfolio-ride-on-smartphone.html

 

[iCuteCube]

Holding for long term too =)
But i only have 2lots.

 

[lionelow]

me too I got 10 lots.

 

[WindBoi]

wah 10 lots is not only haha.

the pitfall is that you have a case of Starhub where it went back up immediately.

 

[lionelow]

Just holding it to collect dividend not buying for capital gains lor....looking at starhub too.

 

[WindBoi]

Just holding it to collect dividend not buying for capital gains lor....looking at starhub too.

wat is ur average price lionelow?

 

[lionelow]

wat is ur average price lionelow?

i bought at 3.16 kinda late.

 

[Dividends Warrior]

i bought at 3.16 kinda late.

Yup. Kinda high.

 

[lionelow]

Yup. Kinda high.

but to me its better than banks rates..... example bank pays $500 for 50k base on 1% interest.