Dear readers, as the Wuhan coronavirus episode continues to develop, global stocks markets continued to head lower in general. Amidst the current stocks markets backdrop, are there any good stocks which could be opportunities for investors. To answer this question, I did a stocks screening yesterday based on the following few metrics:
- Market size of at least SGD 500 million
- Dividend yields of at least 6%
- Undervalued with Price-to-Book ratio of less than 1
- Return-on-Equity of at least 15%
One stock emerged arising from the stock screening and surprise or no surprise, this stock is none other than Sasseur Reit which has made the recent headlines for its stock price diving following the announcement that the company decided to close off its shopping malls in China for the time being in view of the Wuhan coronavirus episode. A good buy or a “falling knife”?
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