SingTel *Official* (SGX: Z74)

itedino

Arch-Supremacy Member
Joined
Sep 13, 2003
Messages
10,017
Reaction score
2,103
Those who long at SGD 2.45 to 2.60. wait another 4 days still at 2.40 or lower.

Good luck to them.
 

Potato_Wedges

Arch-Supremacy Member
Joined
Jan 31, 2020
Messages
11,579
Reaction score
8,439
Really depends if you are an investor or trader. Trader will see this as an opportunity to buy/sell or offload this sinkhell. But me as an investor, am loading since April bet $2.10 - 2.35 pricing. To date, have 6 digit sum of ST shares. Not plan to sell but pass to my children :) so importantly are you a trader or investor? ^^
 

AWholeNewWorld

High Supremacy Member
Joined
Aug 1, 2009
Messages
35,243
Reaction score
144
Long term singtel is good. Just like what people said 5 years later looking back, you'll be surprised at how cheap 2.50 looked. (If economy don't go boom)

Just that some looked for short-mid term cash profits rather than long-term paper value.
Blue chips no horse run one
 

moonlighter_sg

Arch-Supremacy Member
Joined
Aug 15, 2005
Messages
11,716
Reaction score
2,654
$2.50 for a "funded" digi-bank stock is cheap. So now the question is, are they funded and ready to go? or do they need to raise money. You have to go dig up the numbers/assets for their startup capital, if not wait for an analyst/blogger to do the work. Singtel is very asset rich, but cash wise i think they might need abit of help. If not enough money to start....you should know what's coming next.....the dreaded rights issue.

Possible rights issue to raise cash soon. Singtel does not have so much reported free cash. Traders pump and dump first.
 
Last edited:

Lex1989

Banned
Joined
Nov 15, 2008
Messages
19,906
Reaction score
2,502
Long term singtel is good. Just like what people said 5 years later looking back, you'll be surprised at how cheap 2.50 looked. (If economy don't go boom)

Just that some looked for short-mid term cash profits rather than long-term paper value.
Blue chips no horse run one

Dont joke. Bought @ 3.75 in 2016, hold till now still lose a big chunk!
 

DevilPlate

Supremacy Member
Joined
Nov 22, 2020
Messages
6,324
Reaction score
2,224
发哨子2020;131264039 said:
Why didn’t the big 3 share price fall off the cliff with this news ?
DB licence was already announced last year. In fact, MAS decided to give out 1 less wholesale licence.
 

battledome64

Master Member
Joined
Jul 31, 2003
Messages
2,747
Reaction score
75
The news “Singapore’s digital bank winner says it’s not trying to bring down established banks “

From the news title it’s clear they are just there to be an alternative and not enthusiastic about the win. It’s like saying we know we will get the lisence. No wonder the share price drop there is no drive
 
Last edited:

Rainbow1112

Supremacy Member
Joined
May 6, 2008
Messages
5,340
Reaction score
104
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Community Guidelines and Standards, Terms of Service and Member T&Cs for more information.
Top