Tuesday, January 19, 2016

Cordlife - A strong stock in a weak market

This is a year where market is testing new low, just within 2 week STI break 2700 point for few times. However, there are some stocks stay strong despite the market is in general trend. Cordlife is a good up trend stock, for the three months ended 30 September 2015, Cordlife Group Ltd revenues increased 10% to SP$14.5M. Net income totaled SP$7.3M vs. loss of SP$3.5M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. The demand is expected to grow further hence people will continue buy up the stock.

When market is bad, bank sector is most likely to get hit by market, as you can relate non of the bank stock in Singapore is moving up recently. Healthcare business is a anti recession sector like education, Cordlife bullish trend may persist even the overall market go down further.


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