As expected, the selldown of Starhub was furious on Monday. Starhub dropped 20 cents at market close. This means a wipe out of more than one full year of the proposed dividend payout (16 cents) in one trading day.
I also placed 2,000 units of Starhub for sell but did not manage to sell any. Well, let see tomorrow...
A more happy circumstance for Capitaland. The sleeping giant finally show sign of waking up. Capitaland is a red counter in my portfolio since the beginning of this blog and it has turned green today.
For starhub, as the saying goes, what goes up must come down! M1 is not faring any better.. Lucky Singtel is still doing well.
ReplyDeleteHi MIM,
DeleteSingTel price is supported by the coming Netlink Trust IPO.