These three Singapore stocks are going through strategic reviews that may drive a turnaround in their performance in 2024.
What happened?
It’s hard to find themes to invest in within the Singapore stock market.
One area to look at is stocks that are going through strategic reviews.
After our recent write-up on Singtel’s new corporate strategy, we received questions on whether there are other Singapore companies going through business transformations too.
Some investors may have noticed that the Sembcorp Industries’ share price went up sharply after the company announced ambitious targets to grow its renewables capacity. This made Sembcorp Industries the top-performing blue-chip stock in Singapore last year.
Let us look at three Singapore stocks that are going through strategic reviews currently.
3 stocks going through strategic reviews to watch for in 2024
#1 – Seatrium Limited (SGX: S51)
Seatrium (SGX: S51) recently announced that it is expecting to make a significantly higher net financial net loss in FY2023 compared to the year before. ...