$Sheng Siong(OV8.SI)$ price ha

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$Sheng Siong(OV8.SI)$ price has dipped slightly possibly due to not much CDC vouchers being given out . Even after the price drop , the price of the stock is still very expensive given that the forward PE for this counter is almost the same as $Costco(COST)$ and $Wal-Mart(WMT)$ . I think it is time for me to diversify into the US counter to prevent concentration risk in a single stock . Still excited to see how much this counter will rise

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kooko
·02-24 17:29
Smart move diversifying! Sheng Siong's PE looks pricey vs US stocks. [看涨]
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This is a column where you can find the winning trades of our fellow tigers. There probably are a few potential opportunities that you may have overlooked.","image":"https://community-static.tradeup.com/news/14c89d9656aedb9a4698e7996c575947"}],"images":[{"img":"https://community-static.tradeup.com/news/1ebd956717234b20c07bf23597fd45ab","width":"1008","height":"1657"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/1ebd956717234b20c07bf23597fd45ab","width":"1008","height":"1657"}],"title":"","html":"<html><head></head><body><a href=\"https://ttm.financial/S/OV8.SI\">$Sheng Siong(OV8.SI)$&nbsp;</a> price has dipped slightly possibly due to not much CDC vouchers being given out . Even after the price drop , the price of the stock is still very expensive given that the forward PE for this counter is almost the same as&nbsp;<a href=\"https://ttm.financial/S/COST\">$Costco(COST)$&nbsp;</a> and&nbsp;<a href=\"https://ttm.financial/S/WMT\">$Wal-Mart(WMT)$&nbsp;</a> . I think it is time for me to diversify into the US counter to prevent concentration risk in a single stock . Still excited to see how much this counter will rise&nbsp;<img src=\"https://community-static.tradeup.com/news/1ebd956717234b20c07bf23597fd45ab\" tg-width=\"1008\" tg-height=\"1657\"></body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/OV8.SI\">$Sheng Siong(OV8.SI)$&nbsp;</a> price has dipped slightly possibly due to not much CDC vouchers being given out . Even after the price drop , the price of the stock is still very expensive given that the forward PE for this counter is almost the same as&nbsp;<a href=\"https://ttm.financial/S/COST\">$Costco(COST)$&nbsp;</a> and&nbsp;<a href=\"https://ttm.financial/S/WMT\">$Wal-Mart(WMT)$&nbsp;</a> . I think it is time for me to diversify into the US counter to prevent concentration risk in a single stock . Still excited to see how much this counter will rise&nbsp;<img src=\"https://community-static.tradeup.com/news/1ebd956717234b20c07bf23597fd45ab\" tg-width=\"1008\" tg-height=\"1657\"></body></html>","text":"$Sheng Siong(OV8.SI)$ price has dipped slightly possibly due to not much CDC vouchers being given out . Even after the price drop , the price of the stock is still very expensive given that the forward PE for this counter is almost the same as $Costco(COST)$ and $Wal-Mart(WMT)$ . I think it is time for me to diversify into the US counter to prevent concentration risk in a single stock . 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