The following counters were shortlisted from STI constituents for respective attractive valuation. HongkongLand (HKL)
has been undervalued for long time while growth in earning is intact.
It looks even more attractive at current weak USD condition. ComfortDelgro (CFD)
has been downplayed by market due competition in taxi market. Most of
the headwinds could have been priced in by market especially looking at its
resilient price movement recently. Buying window could be presenting
again. In line with smart nation direction of government as well as
growing aviation sector in global, ST Engineering could be the proxy for investor. Its consistent dividend payout is another buying reason.
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