Shares & Derivatives
Is it a good time to Buy this zero-debt stock now?
By Singapore Stocks Investing (SSI)  •  July 19, 2016
There are many Singapore companies which take on debt to fuel their growth. Often, their growth plans may differ according to plan but what is constant is that the company has to address the debt which it has taken. Investors would have noted that there are many listed companies in the world which are not able to address their debt issues and eventually have to fold. Hence, in choosing a stock, one of the key factors some investors consider is that the stock should have a low or even zero debt-to-equity ratio.A handful of Singapore stocks have zero debt-to-equity ratio still and one of these is none other than Riverstone Holdings Limited which also pays a fixed dividend yield of around 2.5% and is currently trading around a P/E ratio of 15 and close to a P/B of 3.9. Riverstone Holdings once traded at a high of ......
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By Singapore Stocks Investing (SSI)
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