Dear readers, I hope you have a good Saturday afternoon!
To me, it is a lazy Saturday afternoon. After a week of work, it is finally good to have some rest. Further, there was a shower which made the weather cool and nice to have a little nap.
Without further ado, let us dive straight to eight undervalued Straits Times Index (STI) currently trading on the Singapore stocks markets. These eight STI stocks and their Price-to-Book ratios are as follows:
Jardine C&C stock: 0.93
SIA stock : 0.91
Keppel Corporation stock: 0.90
City Development stock: 0.86
Capitaland stock: 0.85
JMH USD stock: 0.78
UOL stock: 0.64
Hongkong Land : 0.32
As always, the above guide is a reference to investors on which STI stocks are undervalued. It is by no means a recommendation to invest in undervalued stocks. Certain stocks remain undervalued for a long long time for certain fundamental reasons. And in this dynamic stock markets backdrop, it seems to me that there is not much a preference for undervalued stocks as investors are more interested in stocks which could deliver growth.
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!
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