One reader wrote to me asking me why I do not like stocks like BreadTalk and Q&M Dental stock which are expanding overseas. Well, this is just my personal opinion. Truth be told, with Singapore’s market being small, going overseas to gain a larger slice of the market is only necessary for a company to grow and for its stock to grow in value too (generally). Many of the blue-chip stocks which have done well were also early pioneers in going overseas. On the SGX, there are really many companies with an overseas portfolio or are gearing for it.However, for myself, I prefer a company to have a more established and leadership share in Singapore first before going overseas so that the company can ride on the strong foundation built in Singapore. I would also prefer that the company does not incur additional debt or turn to raising capital ......