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Lobang Ah – ‘Immuned” Stocks from the Recent Market Turmoil

 

The stock market has been hammering the players since 02-May-2012, a falling knife that cannot be caught but instead bleeded badly.

For the past 1 month, STI had dropped 220+ points i.e. 7+% from the high floor of 3000+.  Most stocks had been battered and lost 10% to 30% from their highs.

However, these 3 stocks  are always within my radar and they seem to have  ‘immunization’.  They are not meant for contra-ing, you will lose money instead.

Boustead has been holding around $0.85, trending upward instead, dividend around $0.07 last year and this year todate has declared S$0.03 dividend.

Singpost has been holding around S$0.98 to S$1.02 for the  past 1 month, trending sideways.  A stock that normally gives $0.0748  dividend. This year todate, declared $0.0375 dividend.

Mapletree Ind most bouyant and obviously trending upward, IPO in 2011 and had given out $0.0748 dividend.  This year up to May, already declared $0.0438 dividend.

Imagine, if above stocks are bought at below S$1.00, your yield is mostly likely more than 7% of return.

Imagine again, that if you bought 100 lot of each stock, your annual income is around S$21,000.  Taxable?

 

Seeing possibilities where others can only see rocks.

Daily Journal, For Our Children, Lobang Queen, Smart Money

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