The recent episode about the southing of Noble Group stock price as well as recent sagas over beleaguered offshore and marine stocks highlight the importance of good fundamentals for listed entities. From all these years of my investing experience, before an investor could even talk about a stock being a growth stock, the investor has to better ensure that the company he or she invests in has essentially low or zero debt. And to ensure that his pick is a valued one, the investor could invest in stocks which are undervalued.
Here are Five Singapore stocks with the lowest Debt-to-Equity ratio (maximum of 0.50%) and having a very low Price-to-Book ratio (maximum of 0.50):
1. China Environmental Resources Group
2. Lion Asiapac
3. Nippecraft
4. Parkson Retail Asia
5. San Tech
Buying the above stocks are buying them at 50% discount to their value; but really the above ......