The Weekly Nibble: Is the Local Stock Market Worth The Price Now?
Here are some of the more interesting articles that have appeared in the Motley Fool Singapore’s website over the past week. Let’s check them out.
No one likes to buy something that is not worth the price. On that same note, we should be mindful of a stock’s intrinsic value when we’re thinking of investing in int. In this piece, my Foolish colleague Chong Ser Jing looks at the fundamentals of Singapore’s stock market to determine if stocks here are expensive or cheap at the moment.
There are so many ratios that investors can obtain using the financial numbers presented by companies. This article highlights one ratio that is often disregarded by investors. This is despite the ratio showing “the state of a business versus its recent past, as well as when compared to its sector peers.” Furthermore, the ratio “shows whether management’s strategy is working and the state of the industry in which a company operates.” Wondering what this ratio is all about? Find out from the link above.
The earnings season is back again and two real estate investment trusts (REITs) have reported growth in their businesses. One of them is a REIT with both retail malls and offices in its portfolio, while the other is an industrial REIT.
The two REITs give clues on the state of some of Singapore’s various property sectors. The former REIT mentioned in its earnings that the “Singapore office market is expected to remain under pressure given the impending office supply and shadow space.”
Meanwhile, the industrial REIT warned that “there is likely to be pressure on rental and occupancy rates for industrial properties in Singapore due to supply and movement of tenants”.