4 Singapore Blue-Chip Stocks Plunging to Their 52-Week Lows: Are They a Steal?

Trump’s tariffs have led to a global stock market rout as countries and companies scrambled to adjust to the new taxes. Although the US President has announced a 90-day pause on all reciprocal tariffs, the baseline 10% tariff still applies and China’s tariff was ratcheted up to 125%. The prospect of a bruising trade war caused the Straits Times Index (SGX: ^STI) to register its worst one-day plunge since the pandemic.

With many blue-chip stocks plunging to their 52-week lows, could they be an attractive buying opportunity? Here are four that you may consider adding to your buy watchlist. Keppel is a global asset manager that provides sustainability-related solutions spanning the infrastructure, real estate, and connectivity segments. The group operates in more than 20 countries around the world.



Shares of the asset manager fell 17.6% year-to-date (YTD) and hit their 52-week low of S$5.61 recently.

For 2024, Keppel reported a mixed set of earnings with revenue dipping 5% year on year to S$6.6 billion. Net profit plunged 77% year on year to S$940 million but this was because of an exceptional gain of S$3.

2 billion recognised in 2023. Net profit excluding exceptional items and legacy assets rose 5% year on year to S$1.06 billion.

The group proposed a final dividend of S$0.19, taking 2024’s total dividend to S$0.34, unchanged from a year ago.

Keppel is advancing on its Vision 2030 strategic plan, with cumulative asset monetisation close to S$7 billion since October 2020. The group’s funds under management have also more than doubled from S$37 billion to S$88 billion from 2020 to 2024. Over the same period, Keppel saw its asset management fees achieve a 25% compound annual growth rate (CAGR) of 25%, rising from S$180 million to S$436 million.

Venture Corporation is a provider of technology products, services, and solutions. The group serves a diverse set of customers in life science, genomics, healthcare, luxury lifestyle, and other sectors. Venture saw its share price fall 20.

8% YTD and bounce off its 52-week low of S$10.17. For 2024, Venture reported a downbeat set of earnings as the semiconductor sector remained in the doldrums.

Revenue fell 9.6% year on year to S$2.7 billion while net profit tumbled 9.

3% year on year to S$245 million. However, the contract manufacturer generated a healthy positive free cash flow of S$465.7 million, dipping just 1.

6% year on year from the prior year’s S$473.5 million. A final dividend of S$0.

50 was declared, taking the total dividend for 2024 to S$0.75, unchanged from 2023. Looking ahead, the board plans to accelerate its share buyback programme to improve shareholder returns.

Growth initiatives include tapping the rising demand for hyperscale data centres and securing new product wins in the test and instrumentation domain. Management has affirmed that Venture is at various stages of implementing new business wins in design and manufacturing for products in a variety of different sectors. Jardine Cycle and Carriage, or JC&C, is an investment holding company with investments in Indonesia and Vietnam.

Some of its investments include Cycle & Carriage, a leading automotive dealership group in Singapore, and a 50.1% position in Astra, which deals with automotive, heavy equipment, and mining and construction in Indonesia. JC&C’s share price plummeted 18.

1% YTD and recently hit its 52-week low of S$23.10. The group reported a mixed set of earnings for 2024 with revenue staying flat year on year at US$22.

3 billion. Underlying net profit slid 5% year on year to US$1.1 billion.

The conglomerate slashed its dividend per share also by 5% year on year to US$1.12 but saw its net asset value rise 3% year on year to US$21. JC&C monetised its non-core assets in Malaysia and Indonesia last year, releasing a total of US$387 million.

At the same time, it deployed US$99 million in the infrastructure, automotive, and healthcare sectors in Indonesia and the agriculture, property, and renewables sectors in Vietnam. Mapletree Logistics Trust, or MLT, is a logistics REIT with a portfolio of 183 properties across eight countries with total assets under management (AUM) of S$13.4 billion.

MLT’s unit price plunged 18.6% YTD and hit its 52-week low of S$1.03 recently.

The REIT reported a downbeat set of earnings for the first nine months of fiscal 2025 (9M FY2025) ending 31 December 2024. Gross revenue slipped 1% year on year to S$547.4 million and net property income dipped 1.

5% year on year to S$472.5 million. The weak performance was attributed to weakness in China, the absence of contributions from divested properties, and depreciation of regional currencies against the Singapore dollar.

Distribution per unit tumbled 10.2% year on year to S$0.06098.

Despite the weaker performance, MLT boasted a high portfolio occupancy rate of 96.3%. It also registered a positive rental reversion of 3.

4% for the latest quarter. MLT’s manager is carrying on with active portfolio rejuvenation. Three yield-accretive acquisitions were conducted in 9M FY2025 in both Malaysia and Vietnam.

Elsewhere, a total of 13 properties with older specifications and limited redevelopment potential were divested for S$201 million, all at premiums to their valuations. First-time investors: We’ve finally released our Beginner’s Guide. Read it in an afternoon, follow the principles, pick an investing style and buy your first SGX stocks within the next few hours! Click here to download it for free.

Follow us on Facebook and Telegram for the latest investing news and analyses! Disclosure: Royston Yang does not own shares in any of the companies mentioned. Note: Share price as of 9 April 2025 The post 4 Singapore Blue-Chip Stocks Plunging to Their 52-Week Lows: Are They a Steal? appeared first on The Smart Investor ..