In my current watch list, 42% of the Singapore stocks are now trading at CD. This also means most of the stocks are "highly" valued while it does not cancel them as possible potentials. I came to notice Straits Trading and added it into my watch list. It is probably old news but this company deals with quite a number of business such as mining, metals, mineral resources, real estate management and hospitality. It is also a company with long withstanding history and dividends records. Despite recent price surge, it is currently undervalued with potential upside risks. At the near end of the likes of a “U” shaped chart, it is probably something to be watched. Nevertheless, the stock will fall after the dividends period. May research and time change my decision to invest in this Metals and Mining industry.
The other well-known stock will be Sembcorp ......
