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Is Singtel the next SIA?

knowwhatyouwantinlife

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When u want to do business to overseas u follow the "business norms" there..dont act too righteous or pious(see hyfux), though kc and the smm gang got caught for following other countries biz norms they were successful in their endeavous..women are defensive in nature and there are very few successful women ceo who really started from scratch..they are actually more suited as home makers to defend and care for the home..lastly as of today a woman still cant wall around topless without being harass but a man can.m
 

JohnTan

Alfrescian (InfP)
Generous Asset
Singtel share price has gone down quite a bit since last year. Good time to buy? It has a nice dividend yield, higher than CPF's yield.
 

knowwhatyouwantinlife

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Loyal
Nope still too high u can wait for 270 and slowly average down from there anyway since u are a well to do patriot why dont u transfer funds from oa to sa for that 5% pa return?
 

JustLikeThis

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Loyal
Bowyer also questioned why the Government of Singapore Investment Corporation – Singapore’s sovereign wealth fund – saw it fit to throw more money at Bharti Airtel despite the company’s woes. “That doesn’t sound like a very responsible investment after you’ve seen Temasek already book a S$2 billion loss, an international agency downgrade it to junk, and SingTel having to throw another S$700 million in to try and keep it afloat.


https://redwiretimes.com/kua-politi...ment-lead-to-potential-conflicts-of-interest/
 

JustLikeThis

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Loyal
image-125.png
 

mojito

Alfrescian
Loyal
Got oligopoly also they can fuck up. Really dunno what to say
That why cannot compete no matter Australia or India. Lousy that's why people sell to stinktel. Buy over and business as usual expect to do well? No effort acquisition is what its called. No surprise outcome since everyone involved is clueless.
 

JustLikeThis

Alfrescian
Loyal
Asia’s digital economy is booming. So why are Singtel and Co struggling?
https://www.scmp.com/week-asia/poli...tal-economy-booming-so-why-are-singtel-and-co

For Singtel’s chief executive officer Chua Sock Koong, 2019 was supposed to be a year to remember.

She began working at Singapore’s biggest telecoms company (telco) 30 years ago, but rather than celebrating the anniversary with a bumper bonus, she took a major pay cut that sliced her yearly earnings nearly in half, to S$3.54 million.

That rude shock came after Singtel reported its net profits had fallen 43 per cent to S$3.1 billion in the year to March – a 16-year low for the firm.

The company was quick to admit the past year had been an especially difficult one. Singtel chairman Simon Israel blamed the results on a “perfect storm” of intense competition and rising economic uncertainty.

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Just like Singtel, many of Southeast Asia’s telcos face slowing growth and falling profits, their fates seemingly at odds with that of the region’s internet economy, one of the fastest growing in the world. Telcos supply the internet economy’s very lifeline: connectivity and data. Yet rather than riding the same wave of success, many are struggling.

Google and Temasek, in a joint report released late last year, estimated that the region’s internet economy had grown by more than 30 per cent a year over the previous three years. It projected that, with more people shopping online, buying food through apps and watching videos on their small screens, the digital economy would soar to US$240 billion by 2025, from US$72 billion last year.
 

knowwhatyouwantinlife

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Loyal
They are struggling becos they think small and always insist on bullying small retailers...also as with most women CEO they do not have a crystal clear vision
 

JustLikeThis

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Loyal
S&P cuts outlook on Singtel to NEGATIVE from stable
https://www.reuters.com/article/sp-...singtel-to-negative-from-stable-idUSAQN010MXH

SINGAPORE, Aug 1 (Reuters) - Credit rating agency Standard & Poor’s cut its outlook on Singapore Telecommunications to negative from stable, citing increasing competitive pressure in key markets as well as elevated cash needs for capital expenditure and dividend payout.

“The outlook revision reflects the risk of Singtel’s operating metrics deteriorating, or the company undertaking debt-funded investment or spending more than we anticipate,” S&P said in a statement late on Wednesday. It also revised its outlook on Singtel’s Australia-based subsidiary Optus to negative.
 

JustLikeThis

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The recent volatility of Singtel share price must have caused many investors to shed tears. From a high of $3.56 in early July, Singtel share price spiralled out of control to reach a low of $3.12 on 14 August. The decline represented a correction of 12% for Singtel share price within the span of only a month.

Obviously, the knock-out punch for Singtel share price came from the latest 1QFY2020 which revealed net profit had plunged by a whopping 35% to $541 million. The latest results came on the back of seven consecutive quarter of declining profits.

https://sgwealthbuilder.com/2019/08/singtel-share-price-12-plunge-left-investors-in-tears/
 

rushifa666

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