Dividend Investors would have been watching M1’s recent weakness. I have said a lot in the past about my preference for Starhub and Singtel but M1 have consolidated pretty well.
6% yield doesn’t look that bad, that is if you still like its lack of pay TV initiatives and market share.
Could this be the point where it falls off the cliff? I thought its good buying opportunity.
As usual, monitor and wait for the price to break out.
Kyith is the Owner and Sole Writer behind Investment Moats. Readers tune in to Investment Moats to learn and build stronger, firmer wealth foundations, how to have a Passive investment strategy, know more about investing in REITs and the nuts and bolts of Active Investing.
Readers also follow Kyith to learn how to plan well for Financial Security and Financial Independence.
Kyith worked as an IT operations engineer from 2004 to 2019. Currently, he works as a Senior Solutions Specialist in Fee-only Wealth Advisory firm Providend.
You can view Kyith's current portfolio here, which uses his Free Google Stock Portfolio Tracker.
His investment broker of choice is Interactive Brokers, which allows him to invest in securities from different exchanges all over the world, at very low commission rates, without custodian fees, near spot currency rates.
You can read more about Kyith here.
- What Valuation Will Make Software/Tech Business Look Like Great Investments? - January 17, 2022
- A Great Practice to Internalize What You Learn About Money - January 15, 2022
- How the Stock Market Reacts to Recent Quantitative Tightening and Balance Sheet Run-off - January 12, 2022
Drizzt
Monday 13th of February 2012
the moving average and 2.40 price provides strong support. i still think u are right.
Hyruga
Sunday 12th of February 2012
Towards the end of curve, whenever the day is red, the volume is high. But when the day ends green, the volume is low.
Also from a TA point of view, its never really wise to enter at such a high price. Its best to wait till market drop in general.
Hyruga
Sunday 12th of February 2012
Turning point.
Drizzt
Sunday 12th of February 2012
why do you say that Hyruga?
Drizzt
Sunday 12th of February 2012
well you basically get to buy at a lower price.
donmihaihai
Sunday 12th of February 2012
Yield of 5.5% to 6% and price of $2.6 to $2.4.
What is the diff?