Shares & Derivatives
Will you buy this high-dividends, below book stock trading at a 52-week low?
By Singapore Stocks Investing (SSI)  •  May 18, 2016
Hutchinson Port Holdings Trust closed at USD 43 cents or SGD 59 cents on 17 May 2016 (it depends on whether one is interested in buying the trust in USD-denominated or SGD-denominated). According to SGX’s StockFacts based on 17 May 2016, Hutchinson Port Holdings Trust is currently trading at a price-to-book ratio of 0.723, at a 9.99% dividends, at a Price-to-Earning ratio of 17.623. On the same webpage, there is a consensus target price of SGD 68.1 cents which implies a possible 15.1% upside. While Hutchinson Port Holdings Trust is a quieter trust compared to the oil and marine, energy stocks which are trending up due to better oil prices, I feel that at this current valuation, Hutchinson Port Holdings Trust makes a good Buy. True, one could not always buy a stock at its lowest, and for this case, Hutchinson Port Holdings Trust could ......
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By Singapore Stocks Investing (SSI)
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