Across the Straits
2022-04-01

$SIA ENGINEERING CO LTD(S59.SI)$ I had this share since it was listed and still having some of it. There are quite a few positives.

1. It is cash rich. So won't go bankrupt nor tank due to fundamental. 

2. Was paying very decent dividend until covid. Going forward, expect resumption of generous dividends. 

3. Lots of tie ups and contribute to their top and bottom line substantially. 

4. The technical chart looks very promising. You won't go wrong loading this up for a S$3.50 target. But if you had monitored it earlier, you could have gone it earlier around 1.80, which I did. 

5. It's a covid border reopening play and is still not too late if you missed the earlier boat.

Happy investing. 


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Comments

  • Steadyhoo
    2022-04-04
    Steadyhoo
    👍🏻👍🏻 good for you, wanna go in but too high now…
  • moonzo
    2022-04-01
    moonzo
    By all indicators, this is an excellent company to buy.
  • cheezzy
    2022-04-01
    cheezzy
    I like companies that have a lot of cash flow because they are stronger.
  • blinky
    2022-04-01
    blinky
    I am also bullish on this company as you have a good dividend.
  • ThareqDodge
    2022-04-02
    ThareqDodge
    Bullish with this company
  • OneZeroKing
    2022-04-04
    OneZeroKing
    👍
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