Sunday, February 12, 2017

WOULD YOU BUY THESE TWO STOCKS NOW?

Best World stock, Starhub stockOn 6 Feb 2016, Starhub stock went south by 6.7% in line with announcements that the company would be slashing its dividends. Closing at $2.75, a level which investors have not seen for some time, the stock went north a little to close at $2.79 on 10 Feb 2016. Starhub stock is currently oversold and the price was back to the Nov 2016 level. Will Starhub stock price rise after a “knee jerk” reaction from investors? Or will Starhub price reflect, going forward, a more dynamic business landscape with the proliferation of various services providers over the internet as well as the arrival of the fourth telecom player in Singapore, TPG Telecom?

A day after Starhub’s stock price “southing”, on 7 Feb 2016, it was a “southing” of more magnitude (10% to be exact) for another stock, Best World stock. From around $0.30 a share in January 2016 to almost $1.96 a share on 6 Feb 2017, Best World stock is nothing less than a spectacular more than six-bagger stock. I have always thought that it is not always that an investor can have the Best of both Worlds in terms of returns and risks. After the 10% “southing”, Best World stock went down by more than 4% on 9 Feb 2017 and inched up only by 1.7% to close at $1.78 on 10 Feb 2017. Is this just a market correction for Best World stock? Or will Best World stock head down further?

And will you invest in the above stocks as this might be a good time to invest in these? Or will you be “catching a falling knife” if you do so? Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.

Related Posts Plugin for WordPress, Blogger...

Popular Posts

Total Pageviews