Singtel hits multi-year low and all time oversold since 2000! (3 Jul 2018)

By Ernest Lim Singtel closed -$0.03 to $3.02, the lowest close since Jun 2012. Based on Bloomberg, it is trading at approximately 5.9% estimated div yield. Ave analyst target is around $3.92. Hence total potential upside is around 35.7%. What has happened to Singtel which hit multi-year lows despite analysts’ buy calls? Is this a … Continue reading Singtel hits multi-year low and all time oversold since 2000! (3 Jul 2018)