As the STI continues its steady and slow climb towards the 3,500 mark, many investors are lamenting lost opportunities. The cry that I hear very often: “MOST STOCKS are becoming far too expensive! I have missed the boat…” But is that really a logical statement? Not according to me. If you have read this article, you will realise that the STI is just an index of 30 companies, which is just a small percentage of the total number of companies listed on the SGX. As Singtel continues its upward climb everyday or every day, there are companies like MTQ that are languishing near its 2-year lows. Heck, even STI constituents are not created equal and companies like Sembcorp and Dairy Farm are trading at 3-year lows. (On a side note, the October and November trades are coming back to haunt me.) So it’s somewhat true that even in a bull market, ......