Friday, September 17, 2010

Top Singapore Stocks

Singapore just announced that it is increasing its research and development investment by 20% over the next five years, with a planned expenditure of over $12 billion. Singapore stocks have risen about 12% over the last three months.
Here are some interesting facts about Singapore:
1. It is one of the few city-states in the world.
2. It is the 18th wealthiest country in the world in terms of GDP per capita.
3. It is rated a high 25th place on the Human Development Index.
4. Based on the amount of tonnage shipped, it is the busiest port in the world.
5. It is the fourth largest foreign exchange trading center.
6. It is rated as the most business-friendly economy in the world.
7. Almost ten million tourists visited Singapore last year.
8. The government legalized gambling in 2005.

Here are some Singaporian stocks worth examining:

Capitaland Ltd. (CLLDY.PK) is a Singapore real estate company. The stock has a price to earnings ratio of 15.

City Developments (CDEVY.PK) is in the Singapore real estate business. They have paid dividends eight years in a row. The stock has a PE ratio of 16.

Cosco Corp. Singapore Ltd. (CSCMY.PK) is in the shipbuilding and ship repair business. The stock has a PE of 26.

DBS Group Holdings (DBSDY.PK) is a bank holding company which owns DBS Bank, which is the largest bank in South East Asia by assets. It has a PE of 26.

Genting Singapore PLC (GIGNY.PK) operates casinos around the world. The stock has recently generated negative earnings.

Grand Banks Yachts ADR (GBYLY.PK) manufactures and markets three different series of yachts. It trades rarely in the US on the Pink Sheets, and little financial data is available on the company.

Keppel Corp. LTD SPON (KPELY.PK) diversified conglomerate in the business of real estate, marine, and infrastructure industries. The stock has a P/E of 11 and has paid dividends at least twice a year since 2001.

Neptune Orient (NPTOY.PK) is a container shipping global transport company. It owns American President Lines also known as APL. Latest reported earnings were negative.

Singapore Airlines (SINGY.PK) is the major airline. The PE ratio is 25.

The Singapore Exchange Ltd. (SPXCF.PK) is Singapore's major stock exchange, where equities, bonds, and derivatives are traded. The stock has a very low PE of 1.85.

Singapore Telecommunications ADR (SGAPY.PK) also known as SingTel, provides telecommunication systems and services in over 20 countries. The P/E is 13.

United Overseas Bank (UOVEY.PK) is Singapore's largest bank in terms of domestic customer loans, credit cards and market capitalization. The PE ratio is 13.

You can also invest in a Singapore ETF, the iShares MSCI Singapore Index (EWS), which is up 12% over the last three months.

There is also The Singapore Fund, Inc. (SGF), a closed end fund that invests in Singapore stocks. For the last three months, the fund is up 18%.

If you would like to see stock lists from other countries, check out

Author does not own any of the above.



Unknown said...

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Stockerblog said...

Glad you like it. I am planning on doing an update on Singapore stocks. Keep an eye out for it.