SGX is this a buy in 2022?

$SINGAPORE EXCHANGE LIMITED(S68.SI)$

SGX was one of my favourite stock which I track and own. Good dividend yield and good capital gain. But of late, its fall from its high of >$11 to now $9+.

So is it time to add more to my portfolio?

Singapore Exchange Limited, or SGX, is Singapore’s sole stock exchange operator.

The group operates a platform for the buying and selling of securities such as shares, bonds and derivatives.

The bourse operator possesses a natural monopoly and is a steady stock to own through good times and bad. This is very key.

The bourse operator has announced promising initiatives to grow its business over time.

Some of these include the launch of the world’s first ESG REIT derivatives last month to meet rising demand from investors for the inclusion of ESG considerations into their portfolios.

SGX is also allowing bond issuers in Asia Pacific to showcase their green, social and sustainability bonds to global investors by partnering with Nasdaq Inc (NASDAQ: NDAQ).

The group also inked a partnership with Platts, a unit of S&P Global Inc (NYSE: SPGI), to provide commodities data and content.

It’s encouraging to note that SGX has laid out a comprehensive plan for its revenue to grow by high single-digits in the medium term.

The group declared a final dividend of S$0.08, bringing the full-year dividend to S$0.32.

Currently, shares of SGX offer a trailing 12 month dividend yield of around 3.4% which is decent.

Looking ahead, SGX believes it is positioned to grow further in the years to come.

Special purpose acquisition companies (SPACs) may also liven up the stock market this year as Vertex Ventures, Tikehau Capital and Novo Tellus have become the first three outfits to receive an eligibility-to-list for their respective SPACs. Hopefully this is the start to shake up the boring stock market in Singapore.

Fundamentally, it is still very strong. And really i am not too concern with the drop@小虎活动@Tiger Stars