tag:blogger.com,1999:blog-1417913566702354021.post2567508553717289282..comments2023-02-13T07:29:11.416-08:00Comments on My Personal Investment Journal: Potential Munchies? - Singapore Telecommunications (Singtel)Unknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1417913566702354021.post-20253150155378929192017-01-08T09:45:57.803-08:002017-01-08T09:45:57.803-08:00Hi EzHuat,
Firstly, good to see a fellow blogger...Hi EzHuat, <br /><br />Firstly, good to see a fellow blogger here :). <br /><br />To be honest I do not have an exact share price target, and even if i were to name one it will be pretty arbitrary. However, personally I will be comfortable with entering when the P/E is below 15, which historically (in the past 5 years), is slightly below the average. <br /><br />Also, in the past 3 and a half years, it seems that there was only two periods of time whereby P/E is below 15, possibly a result of the news that China's growth was decelerating, but the share price also rebounded pretty quickly afterwards. <br /><br />A P/E of 15 would mean a share price of approximately $3.59, hence I would be comfortable buying in anywhere below the point. But of course, the lower the better :). It has always been difficult to buy in at the lowest point though, so I may possibly try to average down. <br /><br />Cheers, <br />AAhttps://www.blogger.com/profile/01421789482318361987noreply@blogger.comtag:blogger.com,1999:blog-1417913566702354021.post-77334996291615312752017-01-07T22:14:52.290-08:002017-01-07T22:14:52.290-08:00Hi A,
Good overview of the local telco sector!
Ju...Hi A,<br />Good overview of the local telco sector! <br />Just wondering, what is your target price for Singtel to enter your position? Thanks EzHuathttps://www.blogger.com/profile/00263286183815407504noreply@blogger.com