Monday 21 November 2016

Three Companies Trading Close To Their 52-Week Low

Consistent perusers will be acquainted with that one of my most loved approaches to search for stocks is to utilize the 52 weeks low rundown.

This screen, which is normally done on a week after week premise, will give me a rundown of organizations that are exchanging at 12 months low.

As an esteem financial specialist, I jump at the chance to search for organizations that are exchanging at great esteem. The 52-week low can be a decent place to begin, since these organizations are either disdained or have been ignored by the market.

Once in a while the market can responded excessively adversely to specific organizations that could have great long haul prospects, in spite of some transient headwinds.

Here are three organizations that have showed up on the current week's rundown.

Organization Name     Mkt. Cap.in     Price versus 52     Price to book

S$ million     weeks low (%)     ratio

Singapore Airlines Limited (SGX: C6L)     11,437     0.8%     0.86

Lasting Real Estate Holdings Limited (SGX: 40S)     1,390     1.2%     0.49

Joined Industrial Corporation Limited (SGX: U06)     3,903     2.0%     0.63

Singapore Airlines is an organization that necessities little presentation. Other than its full-benefit business, Singapore Airlines additionally claims Silkair, Scoot and Tigerair.

SIA likewise claims SIA Engineering Company Ltd (SGX: S59), which has practical experience in giving air ship support, repair, and update (MRO) administrations to real aircrafts around the globe

In its most recent quarterly results, which can be found here, the organization reported weaker results, with income, net benefit and EPS all down year-on-year.

The organization likewise expects testing conditions. In the administration's own particular words:

"The traveler aircraft business keeps on being affected by geopolitical instability and feeble worldwide financial conditions. The standpoint in most real economies stays lukewarm. Besides, abundance limit and forceful valuing keep on persisting in the market, applying weight on burdens and yields."

Lasting Real Estate Holding, an incorporated land and human services organization. It concentrates on expansive scale blended utilize improvements. It has a nearness in China, Singapore, Malaysia and Ghana, with a joined arrangement of more than 45 million square feet in gross floor zone.

Enduring is additionally a human services administrations proprietor and administrator concentrated overwhelmingly on China. Its human services business administrations incorporate medicinal, doctor's facility, eldercare and senior lodging, and maternal and youngster well-being administration.


Joined Industrial Corporation's principle business comprises of creating properties for venture and exchanging, speculation holding, property administration, interest in inn and retail focuses, exchanging PCs and related items, and giving data innovation administrations.

UIC is a proprietor of inns and venture properties. A few illustrations incorporate Singapore Land Tower, Clifford Center, SGX Center, The Gateway and others. UIC additionally has a "littler" IT related business that gives benefits under its auxiliary UIC Technologies Pte Ltd.

The organization's critical shareholder is Dr Wee Cho Yaw. he possesses 49.32% through immediate and aberrant shareholdings. Dr Wee is likewise the executive of United Overseas Bank Ltd (SGX: U11).

Despite the fact that organizations exchanging at 52 weeks low can be a decent place to search for venture thoughts, a low cost ought not be the sole motivation to put resources into these organizations.

There are no ensures that the share cost won't not fall further, in light of the fact that it is at a 52-week low.
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