$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