Dear readers, are you an investor still keen in undiscovering undervalued stocks?
Yes, that’s right, stocks with a Price-to-Book ratio of below 1.
I still recall undervalued stocks used to be a hype in earlier years, but now seems not so. This is because the stocks environments have become more dynamic and unlike before. Some undervalued stocks will remain undervalued for years and there is no guarantee that these stocks will head north eventually, especially within investors’ holding period.
Below are the seven undervalued STI stocks as at 8 Apr 2022:
Keppel Corporation stock (0.99)
City Development stock (0.91)
YangZiJiang stock (0.87)
Jardine Matheson Holdings stock (0.77)
SIA stock (0.73)
UOL stock (0.59)
Hongkong Land stock (0.33)
A reminder again that this post is not a recommendation to invest in undervalued stocks, but just to share on the names of the undervalued STI stocks.