I were expecting to make another investment in singtel in july or aug. But the price of singtel had shot up by 50 cents to 3.50 per share.
I decided to hunt around. Were considering sembcorp industries. It had hovered below 2.50 but one con is that its gearing ratio is quite high and considering the recent loan obligation to sembcorp marine, I decided to wait abit more.
SPH Singapore Press Holding
It is in a sinking industry with revenue from media decreasing. Unless it could transform itself, future outlook is bleak.
SingPost
Initially I thought that with online shopping explosion, logistics companies should benefit. Even though revenue is increasing, i was dismayed when lookig at how thin the profit was over the last 5 years.
Decided to hunt a little longer.
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