Shares & Derivatives
Colex Holdings Ltd: My most obnoxious stock
By A Pen Quotes  •  April 9, 2015
Recently I have not buying stocks. No doubt the STI Index P/E ratio has not been exceedingly high, but it is getting harder to find bargains nowadays. Most of the stocks I bought are showing unrealised gains. While those with unrealised losses are stocks from mediocre companies. However, I made one exception, and that is Colex Holdings Ltd (despite the relatively high stock price). There are many factors on why I decide to purchase this stock, eg. strong fundamentals, high growth, low PEG & intrinsic value etc…and one of the factor interestingly is because it is one of the most (if not the most) “un-glamorous” & obnoxious business I can find in the Singapore Stock Market. Well, I will consider a funeral house the worst (but I can’t find one in the Singapore Stock market), and waste management comes a very close second. To maybe elaborate this better, let me invent this ......
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By A Pen Quotes
Hi, I am a typical guy born in 1976. You can call me ‘T’. Family: I have a lovely wife and 2 kids (a boy and a girl). To me, they are the best things that happened in my life. Work: I’m working full-time in the construction industry. Interests: I like to swim, draw and read up on financial articles. I have started a Youtube channel on sketches. Do check it out here.
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