3 Things You Need To Know About the Singapore Share Market Today

Welcome to Friday evening! Here are three things about Singapore’s share market that you might want to look at today and over the weekend.

1. The earnings season is underway! Here’s the latest:

2. A company’s Annual General Meeting is a great occasion for shareholders to learn more about the firm’s operations and management. It’s for this reason that my colleague Chin Hui Leong made the trek down to attend Suntec Real Estate Investment Trust’s (SGX: T82U) AGM on Wednesday; Hui Leong’s wife happens to be an owner of Suntec REIT’s units. Here are notes that Hui Leong had compiled during the AGM.

3. In investing, knowing what not to do can be as valuable, or even more valuable, than knowing what to do. Here’s a list of five “Don’ts” for investors that I’ve prepared. A short preview follows:

4. Don’t overpay for a company’s shares.

If you had bought CapitaLand Limited’s (SGX: C31) shares at its pre-financial-crisis peak of S$8.60 on 26 April 2007 more than eight years ago, you’d still be down by 38% to S$3.67 today even after accounting for reinvested dividends. The reason? CapitaLand’s shares were valued at 3.2 times their book value back then – that’s an expensive price to pay.

On the other hand, if you had paid just 0.5 times CapitaLand’s book value to buy its shares at S$1.98 on 1 March 2009, you’d be sitting on some 85% in gains right now.”

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore writer Chong Ser Jing doesn't own shares in any company mentioned.