The Motley Fool Singapore
Would Warren Buffett Be Interested in APAC Realty Ltd, One of the 30 Best Stocks in Singapore for 2018?
APAC Realty Ltd (SGX: CLN) is a real estate services provider that was listed on the local stock market at the end of September last year. The company has three main business segments: real estate brokerage services; franchise agreements; and training, valuation, and other ancillary services. The real estate brokerage services segment is operated by its wholly-owned subsidiary, ERA Realty Network Pte Ltd, one of the largest real estate agencies in Singapore. 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 APAC Rea