Singtel share price (SGX: Z74) in crisis

Lifetime Membership What an ambush out of nowhere! It seems that I had grossly underestimated the impact of Optus cybersecurity attack on Singtel share price (SGX: Z74). Six months had passed since the Australian unit of Singtel suffered the fateful cybersecurity attack but Singtel share price (SGX: Z74) continued to be in sluggish form. In fact, at current trading levels, Singtel share price has reverted to the previous low in the aftermath of the cybersecurity attack. When can the counter shake off the blues? In my last article, I wrote that Singtel share price (SGX: Z74) might have turned the corner due to several strong financial performances in the past few quarters. However, in the stock market, sentiments often prevail. In this regard, clouds of uncertainty may engulf Singtel share price (SGX: Z74) in the coming months until the cybersecurity issue is fully addressed. To recap, in 22 September 2022, Singtel revealed that its Optus customers’ data were leaked following a cybersecurity attack. Then in October 2022, the telco announced that about 1.2 million of the Australian customers were affected. Apparently, some of the customers’ passport numbers were exposed by the perpetrators. The incident led to fear that a massive class suit action could be coming Singtel’s way. The post Singtel share price (SGX: Z74) in crisis appeared first on SG Wealth Builder. [Image] Here are Some More Investing Tips and Resources. Enjoy! Sponsored [How He Bagged One Of The Top Trading Records…]( A reclusive millionaire has been quietly racking up winning trade after winning trade. Despite avoiding most headlines, he’s become one of the most successful traders around - over the last 8 years, he’s banked a 97% win rate. How does he do it? He sat down for a rare interview where he revealed it all. [Click HERE to see how he’s done it…]( [Privacy Policy/Disclosures]( [Singtel share price (SGX: Z74) in crisis]( Lifetime Membership What an ambush out of nowhere! It seems that I had grossly underestimated the impact of Optus cybersecurity attack on Singtel share price (SGX: Z74). Six months had passed since the Australian unit of Singtel suffered the fateful cybersecurity attack but Singtel share price (SGX: Z74) continued to be in sluggish form. In fact, at current trading levels, Singtel share price has reverted to the previous low in the aftermath of the cybersecurity attack. When can the counter shake off the blues? In my last article, I wrote that Singtel share price (SGX: Z74) might have turned the corner due to several strong financial performances in the past few quarters. However, in the stock market, sentiments often prevail. In this regard, clouds of uncertainty may engulf Singtel share price (SGX: Z74) in the coming months until the cybersecurity issue is fully addressed. To recap, in 22 September 2022, Singtel revealed that its Optus customers’ data were leaked following a cybersecurity attack. Then in October 2022, the telco announced that about 1.2 million of the Australian customers were affected. Apparently, some of the customers’ passport numbers were exposed by the perpetrators. The incident led to fear that a massive class suit action could be coming Singtel’s way. The post Singtel share price (SGX: Z74) in crisis appeared first on SG Wealth Builder. 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