In a recent article here, we saw that there were 108 net-net stocks, as of 15 November 2018. To understand what a net-net stock is, you can head here. In this article, let’s look at 20 of those cheapest stocks sorted out according to the following two lists: 1) The 10 net-net stocks with the largest market capitalisations; and 2) The 10 largest net-net stocks that have positive net income over the last 12 months, as well as more cash than debt on their balance sheets. Here are the 10 stocks on the first list: UOB-Kay Hian Holdings Limited (SGX: U10), Hong Leong Asia Ltd (SGX: H22), Kingboard Copper Foil Holdings Limited (SGX: K14), Sino Grandness Food Industry Group Ltd (SGX: T4B), Cortina Holdings Limited (SGX: C41), YHI International Ltd (SGX: BPF), Hanwell Holdings Ltd (SGX: DM0),

Cortina Holdings is a distributor and retailer of luxury watches like Rolex, Patek Phillipe, and Tag Heuer. Established in 1972, Cortina has now grown to 28 outlets in Singapore, Malaysia, Thailand, Hong Kong, and Taiwan. Since its peak in September 2018, Cortina’s share price has fallen 12% to 95 cents recently: As I was going through Cortina’s latest financial statements, something jumped out at me – the company’s current market capitalisation is worth less than its net current assets. Net-net investing Net-net investing was developed by Benjamin Graham (the mentor of a certain Warren Buffett) who preached that investors who bought stocks at such low prices would come out ahead, even if the company was shut down and liquidated. A net-net stock is traditionally defined as a comp

In a previous article here, we saw that there were 107 net-net stocks, as of 12 October 2018. To know what a net-net stock is, you can click here. In this article, let’s look at 20 of those cheapest stocks sorted out according to the following two lists: 1) The 10 net-net stocks with the largest market capitalisations; and 2) The 10 largest net-net stocks that have positive net income over the last 12 months, as well as more cash than debt on their balance sheets. Here are the 10 stocks in the first list: UOB-Kay Hian Holdings Limited (SGX: U10), Hong Leong Asia Ltd (SGX: H22), Sino Grandness Food Industry Group Ltd (SGX: T4B), Cortina Holdings Limited (SGX: C41), SLB Development Ltd (SGX: 1J0), Hanwell Holdings Ltd (SGX: DM0), YHI International Ltd (SGX: BPF), Nam Lee Pressed Metal

In a previous article here, we saw that there were 105 net-net stocks, as of 13 September 2018. To know what a net-net stock is, you can jump in here. Now, let’s look at 20 of those cheapest stocks sorted out according to the following two lists: 1) The 10 net-net stocks with the largest market capitalisations; and 2) The 10 largest net-net stocks that have positive net income over the last 12 months, as well as more cash than debt on their balance sheets. Here are the 10 stocks in the first list: UOB-Kay Hian Holdings Limited (SGX: U10), Hong Leong Asia Ltd (SGX: H22), Sino Grandness Food Industry Group Ltd (SGX: T4B), Cortina Holdings Limited (SGX: C41), Hanwell Holdings Ltd (SGX: DM0), YHI International Ltd (SGX: BPF), Sinostar PEC Holdings Limited (SGX: C9Q), Nam Lee Pressed Meta

The retail scene in our Lion City is still alive, if the performances by some of the Singapore retail stocks are anything to go by. Earlier this week, the Singapore Exchange (SGX: S68) released a report showing the five best-performing retail stocks which averaged a year-to-date total return of 21.5%. The shares are part of SGX’s cluster of 23 retail stocks (excluding distributors). Of the 23 shares, there are some which are selling at low price-to-earnings (PE) valuations. Let’s look at six of the cheapest stocks (the first three can be found here; data as of 7 September 2018). Company #4: Moneymax Financial Services Ltd (SGX: 5WJ) Moneymax is a pawnbroker, retailer and trader of pre-owned luxury items which opened its first outlet in 2008. The company has since expanded its operation

In a recent report released by the Singapore Exchange (SGX: S68), the five best-performing retail stocks averaged a year-to-date total return of 21.5%. The shares are part of SGX’s cluster of 23 retail stocks (excluding distributors). Of the 23 shares, there are some which are selling at low price-to-earnings (PE) valuations. Let’s take a look at three of the cheapest stocks (data as of 7 September 2018). Company #1: Metro Holdings Limited (SGX: M01) The cheapest stock among the 23 shares is Metro. The company has two main business segments, namely, property investment and development, and retail. Many would be familiar with the retail arm which runs three Metro department stores in Singapore. Metro also has another 10 department stores located in Indonesia. For Metro’s first quarter

In an earlier article, we saw that there were 105 net-net stocks, as of 15 August 2018. To know what a net-net stock is, you can head here. Let’s look at 20 of the net-net stocks sorted out according to the following two lists: 1) The 10 net-net stocks with the largest market capitalisations; and 2) The 10 largest net-net stocks that have positive net income over the last 12 months, as well as more cash than debt on their balance sheets. Here are the 10 stocks in the first list: UOB-Kay Hian Holdings Limited (SGX: U10), Hong Leong Asia Ltd (SGX: H22), Sino Grandness Food Industry Group Ltd (SGX: T4B), Cortina Holdings Limited (SGX: C41), Hanwell Holdings Ltd (SGX: DM0), Sinostar PEC Holdings Limited (SGX: C9Q), YHI International Ltd (SGX: BPF), Goodland Group Ltd (SGX: 5PC), ISDN Hol