Let us talk about the latest comeback kid in the SGX today – SBS Transit Ltd.
As I write, its stock price is trading at S$ 4.00 per share, which is a jump of 33% from S$ 3.00 as at end-January 2019 and an eye-popping 233% growth from S$ 1.20 levels as at mid-April 2014. Indeed, it is impressive, considering that it had been battered down from its peak of S$ 3.80 a share in May 2007.
Yup, the frenzy for SBS is on as evident with the sharp spike shown at the right hand corner of the stock price chart above. So, are you excited to grab yourself a couple of SBS’s shares in the stock market today?
If you are, please hold your horses. Take 10 mins to read this article before you decide on anything.
Because in this article, I’ll expound the possible
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