While Keppel Corporation Limited (SGX:BN4) might not be the most widely known stock at the moment, it received a lot of attention from a substantial price increase on the SGX over the last few months. With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price. But what if there is still an opportunity to buy? Let’s take a look at Keppel’s outlook and value based on the most recent financial data to see if the opportunity still exists. Is Keppel still cheap? Keppel appears to be overvalued by 21% at the moment, based on my discounted cash flow valuation. The stock is currently priced at S$6.86 on the market compared to my intrinsic value of SGD5.66. Not the best news for investors looking to buy! Ano

Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the market average. And in our experience, buying the right stocks can give your wealth a significant boost. To wit, the Ascendas Real Estate Investment Trust share price has climbed 15% in five years, easily topping the market decline of 6.0% (ignoring dividends). Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns. In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and it

Amid government scrutiny and organisational changes,Xiaomi Indiais expected to retain its leadership position in the local smartphone market the June quarter, according to market trackers. However, the September quarter may pack some surprises for the Chinese-owned company asSamsungmakes strong inroads, and withRealmehot on the heels, said some of them. Xiaomi, which is battling charges of illegal foreign remittances levelled by the government, closed the March quarter with a 23% market share, even though its shipments declined 13% from a year earlier, according to Counterpoint Research data. Samsung maintained the second position with a 20% share, with a 1% decline in shipments. Realme made significant inroads with a 16% share in the market, up from 11% in Q1 of 2021. In fa

As Keppel comes out tops in its long-awaited merger with Sembcorp Marine, analysts recommend investors “buy” Keppel Corporation and “sell” the latter. In an April 28 note, OCBC Investment Research has a “sell” call on SembMarine with a target price of 11 cents. OCBC Investment Research also has a “buy” call on Keppel Corporation with a target price of $8.78. Keppel Corporation has been an outperformer so far this year, says OCBC Investment Research. “Since the start of the year, the share price of Keppel Corporation has appreciated by about 30% (based on the closing price of $6.66 on April 26), significantly outperforming the broader Straits Times Index.” They add: “Besides the strong earnings announcement for the financial year to end-Dec 2021 (FY2021), during which the group reported net

Shanghai, China-based Pinduoduo (NASDAQ:PDD) provides an e-commerce shopping platform that’s meant to be fun. On the other hand, holding PDD stock during the past year hasn’t been much fun at all. Investing in overseas markets isn’t always easy. It requires extra homework and due diligence, since the risks and potential rewards can be elevated. As we’ll see, PDD stock has provided a harsh lesson in what can go wrong with international investments. A number of contributing factors have put pressure on Pinduoduo and the company’s stakeholders. However, opportunistic traders can take advantage of the low share price. Besides, a report from Beijing could, if everything works out, give Pinduoduo’s shareholders a nice boost this year. What’s Happening with PDD Stock? The onset of the Covid-19 pa