Last Tuesday afternoon (10 Dec 13), I listened to a programme called “Moneywise” on FM 93.8, a Singapore news radio channel in which David Kuo, the CEO of The Motley Fool Singapore was invited to share his perspectives on equities. I do not really listen to the radio frequently and hence I was pleased to listen to a topic of interest to me on radio. David Kuo gave his take in the programme on equities and I thought I may just share his views to you readers as well.
According to David, the STI which is currently trading at a Price-to-Earning (commonly known as the P/E ratio) of around 13 is still attractive to buy. He gave an analogy of buying the whole Singapore stocks market at some billions of dollars and getting few billions from the market annually as dividends which he considered to be attractive. I may …