Monday, June 5, 2017

THREE UNDERVALUED BILLION-CAP SINGAPORE STOCKS TRADING AT 52-WEEK LOWS

SIA stock, Guocoland stock, Starhill Global Reit
There are currently three undervalued billion-cap Singapore stocks which are trading at 52-week lows according to the result of my stocks screening exercise.

SIA stock, a stock of $11.19 billion market capitalization is currently trading at 4.48% above its 52-weeks low at a Price-to-Book ratio of 0.906.
Starhill Global Reit , a Reit of $1.66 billion market capitalization is currently trading at 4.11% above its 52-weeks low at a Price-to-Book ratio of 0.824.

GuocoLand Limited stock, a stock of $2.04 billion market capitalization is currently trading at 2.79% above its 52-weeks low at a Price-to-Book ratio of 0.625.

Dividends-wise, the yield of GuocoLand, StarHill Global Reit and SIA stand at 2.72%, 6.62% and 1.99% respectively. The Consensus target Price of StarHill Global Reit on SGX website is $0.836 vs the current price of $0.76; for SIA stock, consensus target price is $9.843 vs $10.03 while no consensus target price on SGX website for GuocoLand stock which currently trades at $1.84.

From the angle of dividends and potential capital appreciation, StarHill Global Reit seems to be the most attractive but investors in Reits like StarHill Global Reit should be mindful that an investment in Reit will be a dividend play as the capital appreciation would only come in slowly. Also, the $0.78 resistance seems a tough price level for StarHill Global Reit to break through for any substantial price rally. The 1.3% price drop of the Reit on 2 Jun 2017 is also not impressive. Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.

Related Posts Plugin for WordPress, Blogger...

Popular Posts

Total Pageviews