ONE LOW-DEBT SINGAPORE STOCK WITH >25% ROE TRADING AT 52-WEEKS LOW
a) with a Return-on-Equity of more than 25%;
b) at less than 5% from its 52-weeks trading low; and
c) with a low debt-to-equity ratio of 3.31%
What is the name of this Singapore stock?
Without further ado, this stock is Micro-Mechanics (Holdings) which also offers a 5.45% dividend yield and is doling out the dividends on an annual consistent basis.
The stock last traded at $1.65 per share, down some 32.3% from its intra-year high of $2.44 reached in January this year. Against the current stocks markets backdrop, Micro-Mechanics stock may be poised to head south even further. Long-term investors may however choose to select certain stocks based on an entry level they deem reasonable. 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.
