Many investors like to buy stocks at their lows, and this is normally called “bargain hunting”. Bargain hunters seem to think that buying stocks at one of their lowest trading prices offer a wider zone of safety. This may or may not be true, in my opinion, depending on the stock which one buys. For instance, those who have been buying offshore and marine stock plays when the prices of these stocks headed down would have also seen their prices continuing the descent. Normally these stocks are quite cyclical. What if I share with you a stock which is quite defensive and which has gone south by almost 20% since a year ago from year 2014? Will you be attracted to “bargain hunt” for this stock? Especially so, if the stock is a blue-chip stock, with almost 80% owned by Keppel Corp? Well, this stock is none other than Keppel ......