Saturday, August 3, 2019

Trading Journal - Singtel

I bought Singtel at 3.04. I think it's a good price on hindsight. But on the day after I bought it, prices dipped to the 2.98 range, which made my heart sink. Lol.
I thought that Singtel was a good investment at that time, because:

  • Singtel had a consistent dividend policy
  • Was always seen as a good stock.
  • Biggest market player in its industry in SG and has overseas investments
  • Leading the 5G technology wave (?)
  • Was anticipating that telco war with tpg ends with tpg losing and Singtel gaining an upper hand.


But investors in general didn't want to invest in Singtel because the telco industry wasn't doing well with all that competition and regulation. I was worried because I bought Singtel on impulse.

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