City Developments (SGX:C09) stock analysis
There are 631 stocks listed on the Singapore exchange. I’ve limited the dataset to the Straits Times Index (STI) constituent stocks, then use the SGX Stock Screener to filter for those with a Price-to-Book (PB) ratio of less than 1 which means that they are trading below their net asset value. Would we be able to … Read more
Property development is a cyclical and lumpy business. The business cycle is long and critically dependent on market conditions at critical milestone. Performance of presales or tenant take up rate before the project is completed matters. The cost of development can also take its toll as factors such as raw materials, labour costs and interest … Read more
What’s better than cost-of-living support for households in the latest Singapore Budget 2024? Tailwinds and opportunities. As a Permanent Resident (PR), even though I deservedly qualify for CDC vouchers and cash payments (from a financial standpoint), sadly I will not be getting any due to my current relationship status with Singapore. Thus, I can only … Read more
Blue chip stocks are shares of strong and well-established companies that lead their industries, often seen as safe and reliable investments for long-term growth. Despite their reputation, we’ve uncovered 5 Singapore Blue Chips that hasn’t quite lived up to the traditional success story – investors would have lost money if they held on to them … Read more
The Straits Times Index was trading at 3,227 a year ago. Today, it is trading at about 3,200. This performance is not that bad for the STI with the index down less than -1%. However, more than half of the stocks (17 out of 30 STI index stocks) are down! “Where there’s crisis, there’s opportunities” … Read more