Shares & Derivatives
Breadtalk, Old Chang Kee and QAF Limited.
By A Singaporean Stockmarket Investor (ASSI)  •  November 3, 2016
I avoided buying Breadtalk's stock for a long time, probably for as long as I avoided buying their bread and I definitely have never bought their "fresh" soya bean milk before. All so expensive. Yes, I know. AK is very giamsiap. Terrible! A very high PE ratio and gearing makes the stock unpalatable. To make it even less attractive, the dividend is peanuts. Give shareholders only enough money to buy some bread, maybe. However, I revealed that I nibbled at Breadtalk on price weakness during the last "Evening with AK and friends". Why har? Reader: Sir, there is one thing that puzzled me. You mentioned that you bought Breadtalk, but this seems contrary to certain principles which you always talk about. For example, the stock doesn't seem cheap, seeing that the PE of 44 is near its 5-year high. Second, the stock doesn't give very high dividends (you already explained this point). It is the first point that ......
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By A Singaporean Stockmarket Investor (ASSI)
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