Saturday, February 9, 2019

Feb[2] - Big Boys Falling

STI has been rally from it's 2018 trough. It's REIT counters have been hovering around multiple years peak as well. Let shift the focus to some index stocks which still struggle in multiple years low price range. While other counters pause from rally, they could take the lead instead.

Shall any positive announcement came from US-China trade talk by deadline, it could change sentiment to port operator, HPH Trust which gives highest yield among STI constituents. Infrastructure segment usually draw attention during mid-bear cycle, so Sembco Ind and Singtel worth for monitoring now. SPH already came to historical low range during its transition from printed media to property and overseas market exploration. It's dividend yield looks attractive though. Latest operating results show improve in load factor for passenger to SIA but weakened for it's cargo. Current price valuation is undemanding.



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