Category Archives: StarHub

Apr 10

Starhub is Getting Risky approaching Historical High Price

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Starhub has been on the uptrend for a few months and currently approaching historical high resistance at about $3.21. Although the dividend yield of 6.37% (base on stock price of $3.14) looks attractive, the risk of trend reversal is relatively high to worth the gamble. The current Starhub stock price is also violating my rule of “Buy Low Sell High” and “Never Buy near Resistance”. The safer entry point is at about $2.92 and need to see whether this previous resistance can become a support level.

Dec 16

Comparison of Singapore Telco Companies Stocks

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PE ratio and Dividend Yield comparison for SingTel, StarHub and M1.

SingTel Chart

Head and Shoulders formation for SingTel stock chart, currently SingTel is testing the neckline at about $3.08 which is also a  78.6% Fibonacci Support Level. Breaking down this neckline with huge volume with confirm the pattern and may send SingTel to the price target of $2.83.

StarHub Chart

StarHub is currently testing the uptrend support at around $2.62 (also 50D MA support) to $2.65 (78.6% Fibonacci Support). Breaking these support levels indicate the end of up trend.

M1 Chart

M1 is trading at  5 years high. Although the chart still shows the uptrend but M1 is closing to the next 138.2% Fibonacci Resistance at about $2.413. Uptrend support is at about $2.274.

In summary

Upside potential (for capital gain) are limited  for SingTel, StarHub and M1 base on PE ratio comparison and chart patterns. Dividend yields are still attractive at current stock price.