Despite the concerns over the US Tex reforms The Straight Time Index is showing its strength in recent times the geopolitical scenario and global market uncertainty STI had kept its bullish movement going with keeping its bullish trend intact.
According to the forecast, we had provided in the previous blog post the Straight Time Index had crossed the level of 3360 and now it is heading to test 3490 levels however the movement in the index can hurt in the month of December due to the festival session and cyclic decreased volume in the market.
To maintain earning profits and to make your investment portfolio stronger we had shortlisted few companies worth investing in which are listed in the Singapore stock market. These companies are selected based on in-depth fundamental and technical analysis. The companies we had suggested satisfy all the key factors which make a stock worth buying and they have a very good potential to achieve capital appreciation goal for the investors.
Accordia Golf Trust
Accordia Golf Trust is a Singapore based business trust comprising investments in golf course assets mainly in Japan. Compared to its peers AGT have a very attractive dividend yield of 7.5% with a P/E ratio of 16.69 which makes it a very attractive investment venue for investors. It is so popular in its sector that the big player like Goldman Sachs Group and Morgan Stanley are holding a big chunk of its shares.
On the technical ground, AGI is trading at a very attractive price of S$0.770 with a medium-term bullish trend which makes it a good pick for long-term investors.
Best World International Ltd
After the disappointing quarterly result the stock price of best world international limited had dropped significantly but that doesn’t change the view of analysts who aims for capital appreciation in a long investment duration as the company is one of the leading Singapore based nutritional supplement, healthcare and personal care product manufacturer and sell in south-east Asia, with a market capitalization of 704.11MM SGD. With a dividend yield of 2.5% and EV/EBITDA of 10.34, the stock is a must have in a long-term investment portfolio.
On technical term with the effect of the recent price drop in the stock price, it is currently in an oversold zone and it is hovering near to the support which is indicating a potential rebound from this level and with a very strong fundamental background a long-term investor can consider buying the stock at current price.
Raffles Medical Group is a Singapore based leading integrated private healthcare provider. It operates its business in broadly three segments which comprises of healthcare service, investment holdings, and Hospital service. With a proven track record and a constant approach to growth and expand its business with a very attractive EV/EBITDA of 21.53 and dividend yield of 1.73%, Raffles Medical Group Ltd is one of the best investment ventures to invest in the healthcare segment.
On charts, Raffles Medical Group Ltd is looking very attractive. After following a long-term downtrend the counter is finally showing signals of rebounding as it had taken the support near 1.04SGD levels and now it is currently trading range bound at 1.155 and if the counter will break the level of 1.200 levels we can expect a bullish trend in this counter.
Yangzijiang Shipbuilding Ltd
Yangzijiang Shipbuilding (Holdings) Ltd. is an investment holding company engaged in the business of building a wide range of ships. The Company is also present in agency service providing space for shipbuilding and related activities. Yangzijiang Shipbuilding (Holdings) Ltd operates is the business in South East Asia but its headquarters is based in China and it is listed in Singapore stock exchange.
The stock of this company is one of the best stock to trade in Singapore stock market due to its daily volatility with adequate volume to trade also on technical ground the stock is following a strong bullish trend with the fundamental fact that it is constantly improving in the margins quarter on quarter basis with a strong dividend yield of 2.39% which makes this counter a very attractive however we suggest to wait for a correction in the price and buy this counter on dips to board up on the gaining streak.
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