We recently featured several Singapore shares to watch in the coming year. They were hand-picked from the universe of stocks listed here as they possess specific criteria that I like.
Flipping that logic around, there are also stocks I wouldn’t touch with a ten-foot pole due to weak business fundamentals.
Here, let’s explore three Singapore stocks that I would avoid in 2020.
Source: Giphy TL;DR: 3 Stocks I’d Avoid Due To Poor Business Fundamentals
Asian Pay Television Trust Hutchison Port Holdings Trust StarHub Ltd Singapore Stock #1
Asian Pay Television Trust (SGX: S7OU) is the first company on my list.
The trust’s business currently centres around its investment in Taiwan Broadband Communications Group, a leading cable operator there. Asian Pay Television Trust’s investment mandate, however, is wide-ranging. Its mandate is to “own, operate and maintain mature, cash generative pay-TV and broadband businesses in Taiwan, Hong Kong, Japan and Singapore”.