In Singapore’s stock market, there are so many companies with wide economic moats. Let’s look at three such companies that are part of the Straits Times Index (SGX: ^STI), and hence, are also known colloquially as blue-chip shares.
Here Multi Management Future Solutions find some fascinating Singapore undervalued Blue-Chip stock which might be like by Singapore top investors. Just take a look-
DBS Group Holdings Ltd
Here we are taking first on the list DBS Group Holdings Ltd (SGX: D05), is the largest bank in Singapore, its subsidiaries provide a variety of financial services. The Company offers services including mortgage financing, lease and hire purchase financing, nominee and trustee, funds management, corporate advisory and brokerage. DBS Group also acts as the primary dealer in Singapore government securities. Beyond Singapore, the bank also has operations in Hong Kong, China, Taiwan, India, and Indonesia.
Being the largest bank in Singapore, DBS attracts many savers with its vast network of bank branches and cash machines. The bank’s depositors are also sticky; once someone opens a bank account with DBS and deposits money in it, he or she is unlikely to move funds in and out frequently, unless there is a convincing reason to do so. Having a predictable pool of capital from depositors contributes to the stability of the bank.
SATS Ltd
The last we are taking is SATS Ltd (SGX: S58), which has a majority market share in-flight catering and ground-handling services at Singapore’s Changi Airport. SATS Ltd. provides gateway services and food solutions. The Company specializes in airfreight, ramp and baggage handling, passenger services, aviation security services, aircraft cleaning, and cruise centre management.
The company also has a large network of joint ventures and strategic alliances — in similar lines of businesses as what it does — in many countries. SATS is now present in over 60 locations and 13 countries across Asia and the Middle East. This massive network and SATS presence in many key airports bring about high barriers to entry for new entrants.
Here Multi Management Future Solutions find some fascinating Singapore undervalued Blue-Chip stock which might be like by Singapore top investors. Just take a look-
DBS Group Holdings Ltd
Here we are taking first on the list DBS Group Holdings Ltd (SGX: D05), is the largest bank in Singapore, its subsidiaries provide a variety of financial services. The Company offers services including mortgage financing, lease and hire purchase financing, nominee and trustee, funds management, corporate advisory and brokerage. DBS Group also acts as the primary dealer in Singapore government securities. Beyond Singapore, the bank also has operations in Hong Kong, China, Taiwan, India, and Indonesia.
Being the largest bank in Singapore, DBS attracts many savers with its vast network of bank branches and cash machines. The bank’s depositors are also sticky; once someone opens a bank account with DBS and deposits money in it, he or she is unlikely to move funds in and out frequently, unless there is a convincing reason to do so. Having a predictable pool of capital from depositors contributes to the stability of the bank.
SATS Ltd
The last we are taking is SATS Ltd (SGX: S58), which has a majority market share in-flight catering and ground-handling services at Singapore’s Changi Airport. SATS Ltd. provides gateway services and food solutions. The Company specializes in airfreight, ramp and baggage handling, passenger services, aviation security services, aircraft cleaning, and cruise centre management.
The company also has a large network of joint ventures and strategic alliances — in similar lines of businesses as what it does — in many countries. SATS is now present in over 60 locations and 13 countries across Asia and the Middle East. This massive network and SATS presence in many key airports bring about high barriers to entry for new entrants.
