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Defensive Stocks For The Win
Editorial Desk | 14 August 2015
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By: Louis Kent Lee
Articles (199) Profile

China surprised market watchers again when the PBoC announced the devaluation of the RMB by 1.9 percent, as a pre-emptive move ahead of potential rate hike from the U.S. Federal Reserve and further dollar strength.

On the overall, it does look like the impact on Chinese equities from this rate fix should be limited, as the small currency losses could be offset by the expected boost on exports.

To defend Singaporeans from volatility, we naturally look at defensive and ductile stocks; like Telcos.

Among the Telcos listed in Singapore, we favour M1, and you can turn to page 6 to find out why.

Also, nothing beats getting recurring dividend payments from a cash generating machine. We cast our attention to a defensive healthcare REIT; First REIT, to show you the prowess in its growth over the years, the stability of payouts, and why we think it’s strong. Turn to page 10 to find out more.

Blue chip lovers will also see us sieving out Keppel Corp as it approaches its all-time oversold levels. Turn on to page 13 to read more.

Lastly, we discuss the impact of the devaluation of the RMB which investors should know about. You can turn to page 14 to read more on this.

Enjoy the read!

Louis is a qualified accountant with the ACCA, and is the Research Editor at Shares Investment magazine.

Please click here for more information about this author.

M1  2.100 -- --   
Business: [FY17 Turnover] Mobile telecom svcs (60%), handset sales (22.7%), fixed svcs (12.1%), int'l call svcs (5.2%).

Insight: Oct-18, 9M18 operating revenue rose 4.1% mainly du... Read More
First REIT  1.030 -0.090 -8.04%   
Business: Co is a healthcare real estate investment trust. [FY17 Geographical] Indonesia (95.7%), Singapore (3.5%), Korea (0.8%).

Insight: Apr-18, 1Q18, Co reported a 0.5% rise in distribut... Read More
Keppel Corp  6.290 +0.03 +0.48%   
Business: [FY17 Turnover] Infrastructure (37%), offshore & marine (O&M) (30.2%), property (29.9%), investments (2.9%).

Insight: Oct-18, 9M18 revenue dipped 3% as revenue recognit... Read More

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