Shares & Derivatives
Blue chips still in red sea
By Rainbow Coin  •  November 19, 2015
STI snapshot STI components are down an average of 22.9% from their all time high this year. Highlighted in yellow are the "more shock-proof" stocks which are currently down less than 10%, whereas those in red are down by at least 30%. The generally shock-proof ones are namely SATS, ComfortDelgro and SPH. I would expect Telcos to be resilient but I guessed because of being over-valued at the high, the rebounds are limited. Most of the blue chips have slightly rebounded since my previous post in September, which were down by an average of 26.2%. How many of these blue chips could ride the waves and retain their operating profits in downturn? Contract-based companies, those with steady income stream, those dependent on crude oil prices - go figure. If you are vested, do keep a lookout for their annual reports. Most of the companies has already published their ......
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By Rainbow Coin
I began exploring the financial world in year 2010, hoping to get out of the rat race and be financially independent. 2010 was the aftermath period of the Lehman crisis when a pretty shaken up market was struggling to recover. On hindsight, that was the perfect time to catch multi-bagger stocks should I be a veteran or at least had some basic knowledge of picking up 'gems'. My learning curve was steep then, as I have absolutely no friends or relative who could shed some light on what's investing about.
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