Friday, March 3, 2017

ARE THESE STOCKS GOING TO BE PRIVATISED NEXT?



Bukit Sembawang stock, Ho Bee Stock, Wing Tai stockBukit Sembawang stock, a sleepy stock rallied by almost 8% after DBS issued a report, crowning it the “Landlord King”. There has been speculation that Bukit Sembawang stock would finally be taken private after years of speculation, given that this is an undervalued stock (however with yesterday’s price rally, the stock has a Price-to-Book ratio of 1.062 now). Many think that the recent in property stocks may finally pave the way open for the privatization of the often-cited property plays in Bukit Sembawang stock, Wing Tai Properties and Ho Bee Properties Limited stock. Let us take a look at the fundamentals of these stocks.

Bukit Sembawang stock currently trades at a dividend yields of 0.76%, a Price-to-Book ratio of 1.062 and a Price-to-Earnings of 17.563. At price above $5.30, this stock is at its 52-week high.

Wing Tai stock currently trades at a dividend yields of 1.68%, a Price-to-Book ratio of 0.437 and a Price-to-Earnings of 202.266. At price of $1.78, this stock is trading at a discount of about 8% from its 52-week high of $1.925.

Ho Bee stock currently trades at a dividend yields of 2.65%, a Price-to-Book ratio of 0.51 and a Price-to-Earnings of 6.923. At price above $2.26, this stock is trading at a discount of about 5% from its 52-week high of $2.38.

From the above fundamentals, it seems Ho Bee is the most attractive stock to invest in if investors believe in the upside of a potential privatization. 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.
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