Monday, March 24, 2008

SPC - Singapore Petroleum Company

This stock may not be an STI component but it is indeed very attractive. It has times and again defied gravity. When many blue chips aren't doing so well, SPC as a defensive stocks does not falter much. It fluctuates a little and moves in a slow staggering manner. But, above all, it has such a great dividend payout.

Let's take a peek at how healthy SPC is via its FA(Source taken from DBS Vickers):
Fundamental Analysis
DBS Vickers shows that SPC has 9.202%pa of dividend yield. Isn't it wonderful?

Let's move on to see some chartings for a TA. (Source taken from ChartNexus)
Technical Analysis
As for SPC, i won't have to depend on RA at all... I am so gonna buy SPC and hold for Super Duper Long Term. It's HUGE Dividend is good enough for a source of other investment income. There are many average stocks, many good stocks BUT SPC is certainly one of the BEST!

[PS: SPC Ex-Date for 40cents final dividend is on 24th April 08. Payout date is on 12th May 08. So, go do your Maths and Risk Analysis]