The STI index is in the bear market territory and naturally, one would expect most of the STI component stocks to be trading more than 20% off their recent high. Is the stock market carnage expected to continue? At the risk of trying to sound like I am “instigating” fear among the investment community, I believe we might still be at the early stages of the current bear market.
No crystal ball prediction, just my own personal “feel”. Again, there is nothing wrong with feeling fearful. Fear is what keeps us on our toes. Nonetheless, I am not saying that one should not be capitalizing on opportunities that might be present at the moment. Just make sure you don’t go ALL IN.
Below, we look to identify 10 Singapore Blue-Chip stocks that are currently yielding more than 5%. Are they possibly undervalued?
To answer that question, I first look at their historical dividend payment trend....
