This month I am going to start to diversify my investment to SGX stock exchange.
Two reasons that I’d invest in SGX:
- Strong currency against Ringgit;Forex Gain
- Can own world class brand!
The current stock under my watch list is Genting Singapore. It has strong balance sheet with Quick/Current ratios of 4.05 and 4.09 respectively.
This counter has been dropped more than 50% to $0.93. Although, the last quarter result was disappointed, it seems to be undervalued at this price. Hence, would start to collect this stock very soon.