Invest
Popular Holdings: Value stock trading below book value
By Value Stock Investing  •  July 20, 2013
In my search for investment ideas, I read extensively on investment website, blogs and publications. I recently come across an investment thesis for Popular Holdings from beyondproxy that I would like to share with readers. Most readers of this blog will be familiar with Popular. Popular has 64 stores in Singapore and is well known among Singaporean as a bookstore that sells storybooks and assessment books. Retailing and distribution of books, stationery and magazine is considered a boring and non-growth business. Besides books business, it is also involved in property business and publishing business. In the investment thesis outline, Popular Holdings is trading at below estimated book value of $0.29 and is estimated to be worth at least 35 cents

Below is the investment thesis for Popular Holdings from beyondproxy.com


Popular Group started in 1924 as World Book Company which was engaged in distribution & publishing of Chinese (Read more...)
...
Read the full article
By Value Stock Investing
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance