SingTel

[hongonn]

Investors should look beyond acquisition of Optus. whether it was overpriced or how overpriced it was is a done deal 10years ago. It doesn't have much bearing on singtel's earning today. the price was paid already. What's important is they don't do it again.

Ais is not the only gem. Telkomcel could be much better.

I strongly believe they won't do it again. Because the genius has already left. Look at what happened to F&N, being sold piece by piece, yes so called unlock shareholder value, now tiger beer has gone to Holland.

I used to think the acquisition should be left behind, until i saw the staggering goodwill, $9.6b still on the book. It is going to be forever there until write off.

I don't know how is it going to impact, can we ignore it at all? The goodwill doesn't matter?

1 thing for sure Singtel will look much better without the acquisition, on the book.