These 3 Blue-Chip Companies Have Plunged More Than 40%. Are They Bargains?

Even blue-chip companies have not been spared.

On the media front, SPH has seen a 40% rise in subscriptions for its flagship newspaper the Straits Times in April, while time spent on SPH’s apps has also increased by 30% to 40% year on year. At the last traded share price, SPH was valued at just 10 times earnings and offered a trailing dividend yield of around 5.3%.

While Energy reported a small segment profit of S$195 million, Marine registered its second annual consecutive loss.SCI also increased its final dividend from S$0.02 to S$0.03, which was a positive sign after five consecutive years of dividend declines. Aviation volumes have contracted sharply as countries impose travel restrictions and shut down borders.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MSCI Singapore exclusions shave S$863 million off market valueFour Singaporean blue-chip stocks lost a combined market capitalisation of S$863 million on Friday amid record volumes after MSCI Inc. deleted them from its benchmark for the city-state’s largest stocks.
Source: YahooSG - 🏆 3. / 71 Read more »