The STI dropped close to 50 points today in reaction to last Friday’s crash of the US market. I took the opportunity to load in some Singtel at its lows and managed to bag some at $3.45. At current price, Singtel is netting me a yield of 5% per annum. Am happy with my purchase and will let it run for a while. Singtel is in oversold territory so I hope it recovers. If Singtel should drop more I aim to add in. Next Target Price $3.30.