Dear readers, of all the Straits Times Index (STI) stocks, let us take a look at the list of the eighteen most undervalued STI stocks. In the list which showed these eighteen stocks, I have attempted to put as many of these stocks into the same categories for even more value-add to readers.
Banking stocks:
DBS stock (0.952)
UOB stock (0.817)
OCBC stock (0.815)
The three STI banking stocks are all undervalued now with OCBC stock being currently the most undervalued. What is noteworthy is that as compared to early this month, the banking stocks have become more undervalued.
Next, the three Jardine family stocks are all undervalued. As a reminder to investors, one must also track the developments on the Hong Kong front (beside the larger macro picture), especially whether protests will recur if one is interested in these stocks
Jardine C&C stock (0.797)
JSH USD stock (0.645)
JMH USD stock (0.538)
Two Capitaland Reits and Trusts are undervalued. They are:
CapitaMall Trust (0.826)
CapitaCommercial Trust (0.82)
On the property front, we have four undervalued STI property stocks. HongKong Land has been the most undervalued STI property stock and STI counter for a long time already.
City Development stock (0.651)
Capitaland stock (0.61)
UOL stock (0.559)
Hongkong Land (0.235)
As for conglomerates, as usual we have the two undervalued STI members below. It is very noteworthy to note that Sembcorp Industries stock is three times more undervalued than Keppel stock.
Keppel Corporation stock (0.975)
Sembcorp Industries stock (0.39)
And not forgetting SIA stock whose share price has increased over the recent trading sessions. Hence as compared to a price-to-book ratio of only 0.596, we have SIA stock being less undervalued now.
SIA stock (0.704)
Last but not least, the final three undervalued STI stocks are:
Wilmar International stock (0.957)
SPH stock (0.603)
YangZiJiang stock (0.567)
As I continue to bring you the latest updated list of undervalued STI stocks, I am still of the view that going forward stocks markets are going to be bearish. Hence the metric of being undervalued may not serve investors well in the current volatile markets if there are more drivers to push prices further south going forward. But at the very least, we have another perspective to look at the STI stocks on a regular basis.
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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