Singtel 5xLongSG280307

$Singtel 5xLongSG280307(XNEW.SG)Singtel is red today, but my position is still slightly above cost. Not really concerned about one red session as long as the broader thesis remains intact.

I still like Singtel for the combination of a relatively defensive core telco business, recurring cash flow and its exposure to regional growth. The associates and digital infrastructure/data centre side also give it more growth potential beyond the traditional Singapore telco business.

Short term, today’s weakness is something I’m watching. Since this is a 5x DLC, even a normal pullback in Singtel gets amplified, so I don’t want to add aggressively just because the price is lower.

Still holding for now. Today is red, but the position remains above my cost. Let’s see whether this is just a normal pullback or the start of a bigger correction. @Captain's Treasure

$Singtel 5xLongSG280307(XNEW.SG)Singtel giving back some of the recent gains, and my 5x position is back in the red again. Not exactly where I wanted to be, but for now I still see this more as a pullback than a reason to abandon the trade.

The main reason is that the fundamental picture underneath Singtel is actually quite healthy. FY26 underlying net profit grew 12% to S$2.77b, with contributions coming from several different engines — Airtel, AIS, NCS, Digital InfraCo and Optus. Net profit was S$5.61b, although part of that came from exceptional gains, so I prefer looking at the underlying number when judging the business.

What I like about Singtel now is that it is becoming more than just the traditional Singapore telco story. Regional associates are contributing strongly, NCS gives exposure to enterprise digitalisation, while Digital InfraCo gives them another angle through data centres and AI infrastructure. Even in H1, management was already seeing healthy data-centre demand and contributions from its AI cloud business.

Capital return is another part of the thesis. FY26 produced Singtel’s highest annual dividend at 18.5 cents per share, and the company is still executing its S$2b value-realisation share buyback programme. Recent SGX announcements show buybacks continuing through July.

Of course, it’s not completely clean. Optus remains the part I would watch carefully, especially with the regulatory and operational issues in Australia. And because I’m holding the 5x DLC rather than Singtel shares directly, even a relatively normal correction.

So I’m not blindly bullish here. I just don’t think a few weak sessions are enough to invalidate the bigger thesis yet. I’ll watch whether Singtel can stabilise after this fallback and whether buyers return. If the underlying trend recovers while earnings and capital returns remain supportive, I still think there is room for another leg higher.

For now, holding and giving it some time. @Captain's Treasure

$Singtel 5xLongSG280307(XNEW.SG)Singtel is still one of my higher conviction trades at the moment. Price has been respecting the uptrend and every pullback so far has found buyers instead of turning into heavy selling. That tells me the momentum is still healthy. I’m not expecting a straight line up, but as long as the higher lows remain intact, I’m comfortable holding the position.

On the fundamental side, I also like where Singtel stands. The business generates stable cash flow, continues rewarding shareholders through dividends, and has exposure to regional associates that can support earnings over time. Compared to some of the more speculative sectors, the downside feels more manageable while still offering decent upside if sentiment towards Singapore equities continues improving.

I’m using the DLC simply to gain more exposure to the move, but the conviction comes from the underlying company, not just the leverage. Unless the overall market structure changes or my original thesis is proven wrong, I don’t see a reason to rush this trade. Sometimes the best returns come from letting a good position play out instead of taking profit too early. Let’s see if Singtel can continue leading the next leg higher @Captain's Treasure

$Singtel 5xLongSG280307(XNEW.SG)Started this position not too long ago, and it’s finally showing some decent progress. Nothing spectacular yet, but it’s nice to see the thesis playing out instead of staring at a red position every morning.

I’m not in a rush to take profit. As long as the overall setup stays intact, I’ll just let the trade run and see how far it can go. Sometimes the best decision is simply to stay patient and avoid overthinking every small move.

Every trade is another learning experience. One step at a time, and hopefully this is just the beginning. 💪📈

Trade Showcase: Patience, discipline, and trusting the plan. Let’s see where this one goes next. @Captain's Treasure

$Singtel 5xLongSG280307(XNEW.SG)Every position starts with uncertainty. The goal isn’t to be profitable on Day 1, but to give a well-planned trade enough time to unfold. After a few sessions of moving around breakeven, it’s finally showing a small gain.

I’m not celebrating the percentage—I’m more interested in whether the original thesis continues to play out. Good investments don’t always reward you immediately. They reward those who stay disciplined, manage risk, and avoid making emotional decisions over every small price movement.

This is still early in the journey. Whether the market moves higher or decides to test my conviction again, the plan remains unchanged. Stay patient, trust the process, and let the trend develop naturally.

Trade Summary: A modest gain, but a meaningful reminder that every strong trade begins with patience. Small steps today can become much bigger opportunities tomorrow. The objective isn’t to chase quick profits—it’s to build consistency over time. @Captain's Treasure

$Singtel 5xLongSG280307(XNEW.SG)Every position starts with uncertainty. The goal isn’t to be profitable on Day 1, but to give a well-planned trade enough time to unfold. After a few sessions of moving around breakeven, it’s finally showing a small gain.

I’m not celebrating the percentage—I’m more interested in whether the original thesis continues to play out. Good investments don’t always reward you immediately. They reward those who stay disciplined, manage risk, and avoid making emotional decisions over every small price movement.

This is still early in the journey. Whether the market moves higher or decides to test my conviction again, the plan remains unchanged. Stay patient, trust the process, and let the trend develop naturally.

Trade Summary: A modest gain, but a meaningful reminder that every strong trade begins with patience. Small steps today can become much bigger opportunities tomorrow. The objective isn’t to chase quick profits—it’s to build consistency over time. @Captain's Treasure

$Singtel 5xLongSG280307(XNEW.SG)A new position, a new journey. Every trade starts somewhere, and not every entry moves into profit immediately. Right now it’s hovering around breakeven, but that’s not what matters most on Day 1.

My focus isn’t on today’s P/L—it’s on the overall market. I’ll let the price action develop, monitor the broader trend, and avoid making emotional decisions based on small fluctuations. Sometimes the best move is simply to wait and let the market reveal its direction.

Patience remains one of the hardest but most rewarding skills in trading. A good entry deserves enough time to prove itself before making the next decision.

Trade Summary: New position opened. Currently near breakeven while waiting for the overall market to show its hand. No rush—one trade doesn’t define the journey. Stay patient, manage the risk, and let the trend develop. @Captain's Treasure