You are here

MONDAY MULTIPLE

Cheap cash-rich companies on SGX: Opportunity or trap?

This week, we examine stocks that have more cash on their balance sheet than their market value

A cigar butt found on the street that has only one puff left in it may not offer much of a smoke, but the 'bargain purchase' will make that puff all profit.
- Investor Warren Buffett, in 1989 Berkshire Hathaway shareholder letter, beginning a section on his bargain-buy mistakes