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Saturday, January 25, 2014

Top 5 blue chip stocks to buy in 2014

Comfort Delgro

It's expanding taxi fleet size in 2014 and furthermore, divested parts or fully its China, operations which was loss making.

SGX

Consists of 2 business components namely the securities and derivatives. By reducing lot size from 1000 to 100 shares, the volumes of securities traded may increase with more flexibility for investors to manage their funds. While share prices may be cheap now, people are still afraid of this strong blue chip counter with zero debts and payout of dividends via profits. Not understanding what is going on here but it is a safe company to be invested in with the current price of $7.

M1

Its recent results show a significant increase in cash flow which lead to the saying 'Cash is King', and opening more rooms for opportunity and growth for the company.

OCBC

Its recent acquisition of Bank of Ningbo and in a process of acquiring Wing Hang Bank for $5 billion suggests its major shift of focus to the China region where it sees huge potential growth for its business. Although its share price had seen itself dropping recently, it may see its profits rolling in after the acquisitions and synergy with the OCBC business. Not forgetting its highly lucrative Bank of Singapore parked under OCBC. The potential for this bank is huge, which also means higher risks involved.

Hong Kong Land

With its profits soaring while the share prices are dipping does not justify the value of the stock. Hong Kong was named by bloomberg as the best place to do business and while land is scarce in Hong Kong, the land and property prices will not be allowed to nosedive at the expense of the country. Although there is a possibility of it occurring, it is not of the interest of Hong Kong and the leaders to welcome such event.


Wish you all a HAPPY CHINESE NEW YEAR IN 2014 AND MAY YOUR PORTFOLIO HUAT MORE THAN 2013.

Cheer:)

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