Cheap Stocks with Tail Risks vs Expensive Structural Plays
Ramakrishna Maruvada, Daiwa Capital Singapore
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Cumulative profits for Singapore equities fell 22% y-o-y following heavy losses in the O&G services segment. Daiwa Capital sees bright spots in the banking sector with attractive valuations and ASEAN focused consumer play. Ramakrishna Maruvada was also a featured speaker at the Affin Hwang Capital Conference 2016 - Navigating Through Shifting Sands.
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Tags: Singapore equities, DBS Bank, REIT, Comfort Del Gro, Swiber, Singtel