Dear readers, there are seven largest Singapore stocks which are now trading at 50% or more discount! So what does it mean to investors? Well it means that for investors buying these undervalued stocks now, the investors are buying these stocks at more than 50% discount!
At more than 50% discount? Yes, that is right! These seven undervalued large-cap Singapore stocks are trading with price-to-book ratios of not more 0.50. These seven stocks and their price-to-book ratios in brackets are as follows:
HongkongLand USD stock: 0.39
Yanlord Land stock: 0.50
Guocoland stock: 0.49
Perennial Holdings stock: 0.38
Ho Bee Land stock: 0.48
Wing Tai: stock 0.43
OUE stock: 0.33
On paper, yes, if investors are to buy these seven largest Singapore stocks, then they could tell their friends that they have bought something very cheap at more than 50% discount. The virtue of owning these undervalued stocks and holding them for long would be soothing to investors amidst the current volatile stocks markets backdrop.
But please do not make any mistake here. We will soon be entering into a stocks markets corrections soon and then there will be even more discounts on offer for investors.
Remember to invest with “SG” in mind. “SG” does not mean speculation or gambling.
“SG” means Sustainable and Growth Investing.
We have a plan. A SG (Sustainable and Growth Investing) Plan!
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