Cordlife Group

[Blancfable]

Though the prospect is good, valuation is simply too high IMO. My wife once bought it at 60c something. There are many SGX listed with good prospect but also minus 10-20% due to recent market sentiment. Purely my own opinion, I would consider buying only if below 80c.

After doing own calculations, the pe ratio is quite high at the moment without the one off valuation gain. With property maybe trending downwards, there could be one off valuation loss since now it is marked to market and earnings will be more volatile.

I will avoid now and yes 80 cents has more margin of safety.