Dear readers, it is not everyday that stocks trade at 50% discount off what they are worth. Less so for billion-cap stocks or stocks with a market capitalisation of at least SGD $1 billion. However, there are currently Seven Singapore stocks, each with a market capitalisation of at least SGD$1billion that are trading at less than 0.50 Price-to-Book. Let us take a look at these seven stocks.
1. Hongkong Land stock currently trades at a Price-to-Book of 0.45 with a 4.07% dividend yield.
2. TPV Tech stock currently trades at a Price-to-Book of 0.17 with a 0.26% dividend yield.
3. Guocoland stock currently trades at a Price-to-Book of 0.50 with a 3.45% dividend yield.
4. Ho Bee Land stock currently trades at a Price-to-Book of 0.49 with a 3.43% dividend yield.
5. Wing Tai stock currently trades at a Price-to-Book of 0.42 with a 1.47% dividend yield.
6. OUE stock currently trades at a Price-to-Book of 0.33 with a 1.39% dividend yield.
7. HPH Trust (USD) currently trades at a Price-to-Book of 0.44 with a 11.98% dividend yield.
If investors are looking at decent dividends yields and undervalued stocks, Hongkong Land stock, Guocoland stock, Ho Bee Land stock an HPH Trust USD seem to fit the bill. However, investors must be confident in the fundamentals and the future business of their interested stocks since these stocks are trading at the current low prices for some reasons.
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!
BINGE READ ALL POSTS!
Visit Home Page for more reads or Connect here!