And here are 8 blue chip stocks investors should consider this year.
From The Motley Fool Singapore: In the last 12 months, the company’s stock price has declined by 19% to S$2.73, largely due to underwhelming business results (its profit fell by 22% in the first quarter of 2017) and fears of heightened competition in the future (in December 2016, Australia’s TPG Telecom won the bid to become Singapore’s fourth telco). This may cause investors to wonder if StarHub is cheap at the moment.
From CNBC via Yahoo!: London-based offshore contractor Subsea 7 is in advanced talks to invest in Singapore's troubled EMAS Chiyoda Subsea, according to a recent plan of reorganisation submitted to U.S. Bankruptcy Court. The latest development represented a significant step forward for EMAS Chiyoda Subsea, which was forced to file for Chapter 11 bankruptcy protection in the U.S. in February, after a prolonged slump in global oil prices created unsustainable operating conditions in the ultra-competitive offshore and subsea construction market.
From Zuu Online: Investors in Singapore should be very familiar with the blue chip stocks on the Singapore Stock Exchange, though their high valuations may have put some off investing in them. But the truth is, investors could be well rewarded in the long term through recurring dividends. Here, we put the spotlight back on our top 8 blue chip stocks that offer sound investment merits and warrants a place in your investment portfolio.
Do you know more about this story? Contact us anonymously through this link.