13 Nov '11, 9pm

Pockets of good value: Analysts: They also suggest investors to watch UOB as its price-to-book at 1.... #realestate

SINGAPORE - The Singapore market is expected to remain volatile this week as investor sentiment remains fragile and will keep a close watch on developments in the euro zone and the United States. However, some analysts say there are still pockets of good value investments in the market that investors can possibly look into. Among them are blue chip stocks like United Overseas Bank (UOB) and ComfortDelgro which had been oversold and are currently attractively valued. Credit Suisse analysts Sakthi Siva and Kin Nang Chik in their recent research note pointed out that Comfort Delgro's current price-to-book of 1.55 times is still below the 2008 to 2009 low of 1.61 times. They also suggest investors to watch UOB as its price-to-book at 1.24 times is about 20 per cent above the 2008 to 2009 low of 1.03 times. Alternatively, analysts said investors can consider putting their money...

Full article: http://www.todayonline.com/Business/EDC111114-0000027/Poc...

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