Singtel already Sink to Tell you not to buy. Its started sinking since July 2017 (more than 3 years already) and is very likely to continue sinking even with 5G as it had no pricing power.
Reason:
1) Telco market too competitive as too many players such as TPG $10 for 50GB data etc.
2) Last time can earn from SMS, IDD but now people use WhatApps, Viber etc.
Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.
Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.
Mermaid Maritime - Stock calls
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Date
Analyst
Company
Last
Target
Call
Valuation
07/03/24
Lim & Tan
Mermaid Maritime
0.19
0.3
Buy
09/30/24
CIMB
Mermaid Maritime
0.158
0.2...
2 hours ago
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