Singapore will see a better day today and the ex-dividends stocks look cheap today.

ComfortDelgro fell on going ex-div and is a great buy.

ComfortDelGro Corp Ltd is a Singapore-based investment holding and management services company. The Company’s subsidiaries are engaged in provision of public bus and rail services; investment holding, and provision of motor vehicle evaluation and other related services; provision of public taxi services through the rental of taxis to hirers, and provision of charter bus services, rental of buses to hirers and other related services. It operates in eight segments: bus, bus station, rail, taxi, automotive engineering services, vehicle inspection and testing, car rental and leasing, and driving center. The Company’s subsidiaries include SBS Transit Ltd, VICOM Ltd, Braddell Limited, CityCab Pte Ltd, CityFleet (UK) Pte Ltd and ComfortDelGro Bus Pte Ltd. In May 2010, the Company struck-off its dormant wholly owned subsidiaries, F.E. Thorpe & Sons Limited, Armchair Passenger Transport Company Limited and Metroline London Northern Limited.

Golden Agri-Resources

Golden Agri-Resources Ltd (GAR) is an investment holding company. Its primary activities include cultivating and harvesting oil palm trees, processing fresh fruit bunches into crude palm oil (CPO) and palm kernel (PK) and refining CPO into industrial and consumer products. GAR operates in two segments: Indonesia Agri-business, which is engaged in the ownership and cultivation of oil palm plantation, ownership and operation of mills and refineries and producer of consumer cooking oil and margarine in Indonesia and China Agri-business, which is engaged in refinery, port, storage and oilseed crushing operations in China.

In Singapore yesterday the index lost 39.81 points to 3,113.76 on a volume of 1,267 million shares.

There were 127 advances against 348 declining issues by the end of the session.

Many investors also stayed on the sidelines ahead of the May 7 general election in Singapore.

Shayne Heffernan

Shayne Heffernan oversees the management of funds for institutions and high net worth individuals.

Shayne Heffernan holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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Heffernan Capital Management

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Posted by Shayne Heffernan on May 4th, 2011and filed underEquities, Latest News, Limelight, Markets.You can follow any responses to this entry through theRSS 2.0You can leave a response by filling following comment form or trackback to this entry from your site