Jun[6] - Yield Hunt (STI Constituents)

SGX has undemanding valuation than its global peers. Its defensive business nature and deep pocket could protect itself well in volatile market condition as proven in previous bearish cycle. Thus its weakening price period shall be interpreted as buying chance.

Telcos have been suffering in intensifying price competition in local market. Trading price is under severe winter as well. Singtel was singled out for consideration, mainly for its diversifying business. There is not single segment contributing more than 10% earning of the group. Its shares could be treated as "semi-bond" type for consistent dividend payout.