5/ 💰 Valuation & Verdict
Price: ~S$19.50
• Fair value: S$17–18
• Bull case: S$21 if derivatives accelerate
• Entry: S$16.50–17.50
Score: 3.38/5 ⭐⭐⭐ HOLD
For: Long-term income investors
Verdict: Great business, full price — wait for S$17 pullback.
#S68 #valueinvesting
5
15

