The Motley Fool Singapore
Would Warren Buffett Be Interested in Yangzijiang Shipbuilding Holdings Ltd, One of the 30 Best Stocks in Singapore for 2018?
My Foolish colleague, Chong Ser Jing, recently ranked all the stocks in the Singapore market according to the Magic Formula, an investing strategy popularised by Joel Greenblatt in his book, The Little Book That Beats The Market. Ser Jing wanted to find the 30 best stocks in Singapore for 2018, based on the Magic Formula, and Yangzijiang Shipbuilding Holdings Ltd (SGX: BS6) happened to be one of them. Yangzijiang, which went public in April 2007, is the largest China-based company in the Singapore stock market. It is also a leading shipbuilder in China in terms of manufacturing capability and capacity. Even though Yangzijiang was ranked highly on Greenblatt’s Magic Formula, would one of the greatest investors in the world, Warren Buffett, be interested in the company? We can’t ask