Sheng Siong$SingTel(Z74.SG)
Singtel pulled back from its $5.27 high last week and is now testing the psychological support at $5.00. For a "Value Hunter," this 5% dip is where things get interesting.
The Strategy:
AI Engine: The market is re-pricing Singtel from a telco to a digital infra giant. Their data center arm (Nxera) is the real growth driver here. 🤖🏢
Whale Targets: Even with the pullback, major banks like RHB and UOB Kay Hian are sticking to their $5.50 targets. 🐋
Passive Income: Patiently waiting for the final dividend payout in August 2026. 🍖
Watching to see if $5.00 holds as the new floor. If the AI story continues to scale, that $5.27 high might just be the first pit stop.
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