There is one SGX company which has constantly baffled me and that is an S-Chip Sino Grandness.
About Sino Grandness (SFIG)
Basically SFIG is a food and beverage company. Its main product is the selling of a canned beverage product line called "Garden Fresh" which claims to be distributed and consumed by consumers in China and Hong Kong. SFIG is a very "profitable" company churning about 7.5 Singapore cents per share in earnings. This means SFIG is now trading at about 2.8x PE. By all valuation metrics of finance textbooks, SFIG is a value gem because it trades at a P/E of 2.8, Price book of 0.3 times and from its operations it generates a cashflow annually at the rate of its current market capitalization.
It makes it one of the most (if not THE most) undervalued Gem in SGX. Going by my own valuation metrics, ......
