$FRENCKEN GROUP LIMITED(E28.SI)$hi brothers and sisters, today I'm going to introduce a highly undervalued stock in SGX.
As most of you know the semi-conductor section has been under huge pressure recently, partially affected by the sell-down in technology stocks. It has dropped ~57% from its peak in Sep 2021. It's currently near its 52-week low and you can see that it's PE ratio is relatively lower than its peers.
The revenue and net profit have been growing steadily over the years. According to the father of value investing, Benjamin Graham: "In the short run, the market is like a voting machine--tallying up which firms are popular and unpopular. But in the long run, the market is like a weighing machine--assessing the substance of a company."
Like what most experienced gurus would say "time in the market is better than timing the market". Will you add this to your portfolio? Do let me know your opinion!
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Great