Straits Trading: Conglomerate Discount Could Persist For Longer Than Expected

Straits Trading: Conglomerate Discount Could Persist For Longer Than Expected

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Elevator Pitch
Singapore-listed conglomerate Straits Trading Company Ltd. (OTCPK:STTSY) (OTC:SSTVF) [STRTR:SP] is trading at a 40% discount to its net asset value of S$3.66 based on its share price of S$2.18 as of September 16, 2019. I like the company’s gro…
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