10 August 2018

Friday, August 10, 2018



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  • Today is the last trading session of the week, At the point of writing, STI has fallen 46 points, oscillating around 3280 mark.
  • It seems that STI will close below 3300 mark. This, as a result, will form a candle with a 'long hair' a the top.  \
  • It may be possible that next week it may test for 3200 mark again.


Suggestions:

Watch for entry prices next week.

OCBC has a dividend of  $0.20, XD 15/08.
UOB, $0.50 XD 14/08

to get the dividends, sell only on XD. Selling during CD will not have dividends.

Starhub is almost 10 years low, with an attractive dividend yield of close to 9%., Also there is a change of CEO. I think this is something to consider and worth observing. Personally, I'm waiting for the 4th telco to come into play first.

my 2 cents. feel free to share too.




Details:
StarHub Ltd today announced the appointment of Peter Kaliaropoulos (Peter K) as Chief Executive Officer (CEO) of the Group from 9 July 2018.

Peter K brings with him over 35 years of experience in the global ICT sector working with senior executive teams to drive growth and transformation. Peter will join StarHub from Zain Saudi Arabia, a USD 2 billion per annum turnover company, where as CEO, he led the company to its first ever net profit in 2017 after ten years of operations.

His previous experience includes senior leadership roles as CEO, MD and COO with a number of wireless and fully integrated companies including BT (Asia Pacific), Telstra (Australia & USA), Optus (Australia), Clear (New Zealand), Batelco (Middle East) and Ooredoo (Kuwait). Peter was also a key member of the StarHub senior executive team which launched the company operations in the Singapore market in April 2000.