Shares & Derivatives
HPH Trust: DOWN but NOT OUT
By Singapore Stocks Investing (SSI)  •  February 24, 2017
Hutchinson Ports Holdings Trust, more commonly known as HPH Trust traded at USD 39 cents per share on 23 Feb 2017. This stock price is near to the Trust’s lowest. To illustrate how low the stock price is now down, the Trust IPO price in year 2011 was USD 1.01 dollars. So now HPH Trust is trading at around 60% discount from its IPO price. The business fundamentals are reasons to why the Trust is trading at current low prices. Currently, the Trust trades around 0.60 Price-to-Book, 15xPrice-to-Earnings and offers dividends of over 10%. With such high returns, we must note that the investing risks are similarly higher as compared to reasonably good dividends stocks like REITs and telecom stocks. I bought the IPO shares of HPH Trust and while the Trust share price kept heading south, I am pleased with the dividends collected so far despite the ......
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By Singapore Stocks Investing (SSI)
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