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Singapore Telecommunications Limited (SGX: Z74) is the largest operational telco in Singapore. Its two other competitors are, in order of size, StarHub Ltd (SGX: CC3) and M1 Ltd (SGX: B2F).
Over the last 12 months, Singtel’s stock price has declined by 5.5% to its current level of S$3.61, and is currently just a hair’s breadth higher than a 52-week low of S$3.57. Singapore’s stock market barometer, the Straits Times Index (SGX: ^STI), is up by 18% over the same timeframe. This may raise an important question among investors: Is Singtel’s stock actually cheap now?
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23-Jan 2018 Tuesday
4:15 PM (2277 days ago)
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