Dear readers, in this post let me share with you thirteen Straits Times Index (STI) stocks which are undervalued. Each of these STI stocks has a price-to-book ratio of below 1 and they are:
Hongkong Land stock (0.244)
Sembcorp Industries stock (0.417)
JMH USD stock (0.55)
Capitaland stock (0.565)
UOL stock (0.596)
YangZiJiang stock (0.608)
SIA stock (0.634)
JSH USD stock (0.681)
City Development stock (0.665)
Keppel Corporation stock (0.787)
Jardine C&C stock (0.788)
CapitaCommercial Trust (0.927)
CapitaMall Trust (0.97)
If you are to take a look at my weekly screening so far, many of these undervalued stocks have remain so for a long time. And they are undervalued for a reason, mostly due to fundamentals which are shunned by investors.
I am of the view that CapitaCommercial Trust and CapitaMall Trust should go to fully-valued (i.e. Price-to-Book ratio of 1 ) and more in the coming trading sessions if the stocks markets continue to inch higher.
Even though, the markets macro backdrop is bearish and should continue to be so based on my analysis.
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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