Still need a lot of work on my portfolio watchlist, looking to include shares from other developed nations. But all of these are on hold as I'm having some heavy commitments. There's nothing to buy recently either though.
- Buy SBS Transit at 2.53
- Reasons
- Disclaimer: This was a heads-up from a friend
- Looking at potential upside from the new Bus & Rail Contracting models, reduced capex spend, from asset heavy to asset light
- SBS also has a market share of about 60% due to the recent bidding of the bus contracts (won 9 out of 14).
- Downtown line expected to double by 2020 in traffic
- Vicom recently raised payout ratio (90%, cash going to Comfort), perhaps SBS Transit might do the same
- Not much TA for this one, less weekly and daily are turning up.
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| SBS Transit TA |
I'm kinda of busy right now but I'll put up the numbers when I am able to.
Well, that's all for my money right now. Still holding to quite a bit of cash.
For those of you who wanna see more information, my SGX portfolio is on SGXCafe too! You can find it here.
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