Shares & Derivatives
VICOM: Initiated long position at $5.71.
By A Singaporean Stockmarket Investor (ASSI)  •  August 24, 2015
I drive and I own a car. So, I should be interested in VICOM. Sounds straightforward enough. I have been looking at it for a year or so but found that the valuation was a bit rich. VICOM is a stock that appeals to many investors as it has a good combination of growth and income. During one of the evenings with AK and friends, we had a lively discussion regarding VICOM's future too. As is the case with any asset, when everybody wants a piece of it, price goes up. VICOM's price skyrocketed not too long ago. At those prices, its PE ratio was closer to 20x. I wasn't prepared to pay that high a PE ratio for the stock. It wasn't too long ago that the PE ratio was closer to 15x, I observed. 2014's EPS was 34c. Assuming 5% growth in 2015, EPS could be 35.7c this year......
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By A Singaporean Stockmarket Investor (ASSI)
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