Is O39.SI Still a Buy in a Pre-Covid Economy?

Looking back at my past conversation with a group of friends in early 2019, I was quite convinced that one of the largest transport companies in the world, is rock solid and worth a second and third look in any economic situation should the share price.

Then comes COVID-19.

I told myself to look at it again when it falls but decided against it when it really happened because some other companies suddenly look more attractive at that time. One of them being Singapore Airlines (SGX: C6L.SI), which I am still holding on to.

Buying O39.SI is sort of a no-brainer with its price being slashed to less than a quarter.

Now that the dust has more or less settled with new of successful vaccines being reported to calm the market down, it is time to look out for some (still) undervalued stocks. And that comes to my mind.

So which companies will still survive, or even thrive, when things go back to (new) normal again?

I looked through my watchlist (of 12 years) and crossed out almost half of them. Some of them overvalued, many will face intense pressure from tech-based competition.

$OVERSEA-CHINESE BANKING CORP(O39.SI)$