SingTel

[money]

Will it be a case of déjà vu in the event of a dividend cut, i.e. Starhub's share price sharp correction ?
Shareholders(myself included) may need to monitor the situation closely.

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Singtel may cut dividend for first time in 20 years, says DBS Research
Updated 1 hour ago

SINGAPORE - DBS Equity Research says Singtel may cut its "unsustainable" dividend rate to 13 to 15 cents per share for its next fiscal year starting April 2020 (FY2021) in order to maintain its credit rating, in a report out on Thursday (Oct 10).

Singtel has either maintained or raised its dividend every year for the past two decades. For its last financial year ended March 2019, Singtel paid a total dividend of 17.5 cents per share and said that barring unforeseen circumstances, it expects to maintain this rate for its current fiscal year (FY2020).....

https://www.straitstimes.com/business/co...s-research

If you start to worry about dividend cut, then my gut feel is you have stayed in the party for too long. Time to sell and move to another better company

[Porkbelly]

Hmmm... I have 4,177 SingTel shares. Legacy from their IPO back in 19193.
Some of which I paid $3.60 per share.. and some were "given" by the Gov.

Yes, I am a buy and keep till someone else sorts out my estate type of "investor"...
During those days, ( much youger )... the motto was:

"Buy and throw the keys away..."

[dreamybear]

If you start to worry about dividend cut, then my gut feel is you have stayed in the party for too long. Time to sell and move to another better company

 Yup, you are right - I sold all - IN at avg 2.9, OUT at avg 3.2. Not too bad with dividends.

 However, moving fwd, I do worry abt the sustainablitiy of its dividends even pre covid-19, that's why I am not vested at current prices which are even lower than when I bought in 2018/2019. I learnt investing is abt constantly monitoring as circumstances may chg - it's not truly a passive income at all. 

[¯|_(ツ)_/¯]

14 May 2020 Singtel to publish Q4 result on 28 May 2020 before 9am.
https://links.sgx.com/1.0.0/corporate-an...761382fce2

Stay home and stay safe, everyone.

[¯|_(ツ)_/¯]

19 May 2020 Singtel exceptional item - loss of $232m 
to be announced in 4Q result on 28 May 2020.
(click for details)

Stay home and stay safe, everyone.

[¯|_(ツ)_/¯]

26 May 2020 Singtel/Bharti Telecom raised USD 1.15b, sold 2.75% stake in Bharti Airtel.

With the proceeds, Bharti Telecom will become a zero debt company.
Bharti Group and Singtel remains majority holder at 56.23%.
(click for announcement)

Stay home and stay safe, everyone.

[thor666]

26 May 2020 Singtel/Bharti Telecom raised USD 1.15b, sold 2.75% stake in Bharti Airtel.

With the proceeds, Bharti Telecom will become a zero debt company.
Bharti Group and Singtel remains majority holder at 56.23%.
(click for announcement)

Stay home and stay safe, everyone.

My understanding of this:

Bharti telecom: 'debt free' (noted the quotes in the announcement)
Bharti airtel: still has debts
Bharti group and singtel: still owns part of Airtel which has debts

Sounds like sound and fury.

Sent from my ONEPLUS A5000 using Tapatalk

[¯|_(ツ)_/¯]

28 May 2020 FY Result
1. Div 5.45cents xd 4 Aug 2020 (linkk)
2. No more quarterly report (link)
3. Incorporation of SFG Digibank (link)
4. FY Result announcement (link)
Revenue $16b vs $17b down 5%
NP $1b vs 3b down 65%
Challenges on declining data roaming, changes in regulations, increasing spending in 5G
(ppt)

Stay home and stay safe, valuebuddies.
David Einhorn again:

[¯|_(ツ)_/¯]

24 June 2020 Investment in 5G Singtel

"More than a business investment, we see this as a significant investment in Singapore’s digital future..."

My question is where is the source of fund for aggressive expansion?

Wear mask and keep your distance when going out, vauebuddies.

[¯|_(ツ)_/¯]

1 July 2020 eAGM on 30 Jul 2020@10am for FY ended on 31 Mar 2020
https://links.sgx.com/FileOpen/AGM%20Ann...eID=622053

pre-req before 27 Jul 2020@10am
https://www.singtel.com/about-us/investo...s/agm-2020

Wear mask and keep your distance, everyone.