Review on previous post on stocks trading at 1-7x Next Year PE

With ref to my previous compilation of companies trading at less than 7x PE using Bloomberg data as of 28 Dec http://ernest15percent.com/index.php/2011/12/29/companies-trading-at-2x-3x-4x-7x-nex/ , I have attached the table below which incorporated their stock prices on 13 Jan (price as of around 4pm.) Notwithstanding the sharp 5.5% appreciation in the STI index since the start of the year, 64% of the stocks compiled in the table have outperformed the index.
Name Adj Mkt Cap
($)
Last Price
($)
Ave Analyst px
($)
Potential capital gain Est 12M Div Yield
(%)
52 wk high
($)
52 wk low
($)
Nx Year P/BV
(x)
Nx Year PE
(x)
13 Jan 12
Px
($)
Px chg
Eratat Lifestyle 50.3 0.106 0.330 211% 5.4 0.270 0.099 0.5 1.4 0.107 1%
Yamada Green Res 69.1 0.170 0.320 88% 4.8 0.365 0.155 NA 1.7 0.180 6%
Kinergy Ltd 12.8 0.100 NA NA 10.0 0.160 0.100 NA 1.7 0.100 0%
Sinopipe Hlds 38.3 0.150 0.450 200% NA 0.300 0.139 NA 1.7 0.150 0%
Sunvic Chemical 259.9 0.440 NA NA 4.5 0.860 0.435 NA 1.7 0.490 11%
Hu An Cable Hlds 92.2 0.107 0.360 236% 7.2 0.331 0.087 0.4 1.8 0.142 33%
Foreland Fabrict 53.9 0.102 0.160 57% 8.9 0.170 0.086 0.4 1.9 0.097 -5%
Combine Will Int 25.9 0.790 2.250 185% 12.7 3.285 0.675 0.3 2.1 0.730 -8%
Sino Grandness 102.1 0.385 0.560 45% 2.2 0.610 0.325 0.8 2.3 0.405 5%
Ue E&C Ltd 101.3 0.375 0.650 73% NA 0.510 0.305 NA 2.3 0.380 1%
Ziwo Holdings Lt 35.9 0.120 NA NA 1.6 0.435 0.103 0.5 2.4 0.120 0%
Wee Hur Hldgs 174.3 0.270 NA NA 7.4 0.367 0.235 1.4 2.5 0.270 0%
China Minzhong 476.6 0.855 1.617 89% NA 1.900 0.665 0.6 2.5 0.915 7%
Smartflex Holdin 9.6 0.116 NA NA 8.6 0.180 0.103 0.5 2.5 0.116 0%
Iev Holdings Ltd 85.1 0.495 0.590 19% NA 0.560 0.260 NA 2.6 0.445 -10%
Sc Global Develo 414.0 1.000 1.424 42% 5.0 1.673 0.910 0.5 2.7 0.980 -2%
Swing Media Tech 37.5 0.105 0.230 119% 2.4 0.250 0.095 NA 2.7 0.107 2%
Lian Beng Group 180.1 0.340 0.613 80% 4.7 0.412 0.270 0.8 2.8 0.350 3%
China Environmen 70.3 0.110 0.370 236% NA 0.255 0.082 0.7 2.8 0.115 5%
Sunpower Group 65.1 0.198 0.180 -9% 1.5 0.570 0.195 0.6 2.8 0.189 -5%
Valuetronics 75.2 0.210 0.295 40% 10.3 0.310 0.190 NA 2.9 0.215 2%
Hoe Leong Corp 47.7 0.165 0.375 127% 3.0 0.330 0.131 NA 2.9 0.190 15%
Leader Env Tech 52.6 0.107 0.300 180% 3.3 0.325 0.099 NA 2.9 0.111 4%
Rickmers Maritim 122.9 0.290 0.330 14% 10.4 0.425 0.285 0.2 2.9 0.320 10%
Ksh Holdings Ltd 71.0 0.205 0.305 49% 9.8 0.290 0.200 0.5 3.0 0.220 7%
Bbr Holdings 64.5 0.210 0.380 81% 2.9 0.305 0.200 0.6 3.0 0.210 0%
Cheung Woh Tech 55.3 0.180 0.310 72% 7.2 0.335 0.155 0.6 3.1 0.185 3%
Allied Tech Ltd 18.2 0.030 0.070 133% 10.0 0.075 0.030 NA 3.3 0.033 10%
Conscience Food 78.1 0.197 0.285 45% 3.5 0.335 0.169 1.0 3.5 0.225 14%
Xinren Aluminum 312.4 0.285 0.650 128% NA 0.580 0.265 0.8 3.5 0.290 2%
Tee Intl Ltd 85.6 0.240 0.395 65% 9.4 0.313 0.225 NA 3.6 0.245 2%
Delong Holdings 137.5 0.250 NA NA NA 0.590 0.215 0.2 3.7 0.285 14%
Willas-Array Ele 38.0 0.102 NA NA 15.8 0.180 0.100 NA 3.8 0.115 13%
Jaya Hldgs Ltd 354.3 0.460 0.900 96% NA 0.755 0.420 0.6 3.8 0.460 0%
World Precision 172.0 0.430 0.520 21% 5.3 0.725 0.420 0.9 3.8 0.450 5%
Guocoland Ltd 2,053.0 1.735 3.195 84% 4.6 2.910 1.535 NA 3.9 1.805 4%
Kian Ann Enginee 81.5 0.186 0.305 64% 5.9 0.230 0.170 0.5 3.9 0.193 4%
Action Asia Ltd 56.0 0.140 NA NA 10.0 0.215 0.110 NA 3.9 0.140 0%
Isdn Holdings 40.7 0.135 0.220 63% 3.8 0.205 0.113 NA 4.0 0.114 -16%
Jes Internationa 180.7 0.155 0.200 29% NA 0.385 0.145 0.5 4.0 0.164 6%
Ecs Holdings Ltd 168.1 0.460 0.710 54% 7.8 0.970 0.420 0.6 4.0 0.435 -5%
Kreuz Holdings 159.7 0.315 0.445 41% NA 0.475 0.275 1.1 4.0 0.340 8%
Chasen Holdings 57.5 0.245 0.570 133% 2.4 0.570 0.185 0.9 4.1 0.235 -4%
Megachem Ltd 26.4 0.198 NA NA 5.1 0.235 0.156 0.6 4.1 0.198 0%
Amtek Engineer 321.0 0.590 0.794 35% 9.3 1.410 0.485 1.4 4.1 0.655 11%
Pac Andes Resour 616.4 0.193 0.227 17% 7.2 0.395 0.192 0.4 4.2 0.205 6%
Trek 2000 Intl 80.3 0.270 0.450 67% 3.7 0.470 0.270 NA 4.2 0.305 13%
Fuxing China Grp 46.3 0.053 0.115 117% 11.0 0.205 0.053 NA 4.2 0.048 -9%
Mfg Integration 13.5 0.061 NA NA 4.1 0.145 0.060 NA 4.4 0.063 3%
Roxy-Pacific 245.1 0.385 0.410 6% 3.9 0.520 0.370 1.0 4.4 0.395 3%
Wing Tai Hldgs 766.1 0.965 1.433 49% 7.3 1.733 0.915 0.4 4.4 1.015 5%
Lippo Malls 750.3 0.345 0.530 54% 10.9 0.519 0.325 NA 4.4 0.370 7%
China Farm Equip 47.4 0.196 0.280 43% NA 0.295 0.188 NA 4.6 0.196 0%
China Fishery 920.0 0.900 1.334 48% 5.6 2.360 0.835 0.8 4.6 0.965 7%
Unified Communic 10.2 0.032 NA NA 3.1 0.050 0.028 0.3 4.6 0.032 0%
Interra Resource 28.1 0.095 NA NA NA 0.180 0.088 0.4 4.6 0.150 58%
Yongnam Hldgs 288.4 0.230 0.392 70% 2.8 0.315 0.215 1.0 4.6 0.235 2%
Sapphire Corp Lt 104.6 0.129 0.600 365% 7.8 0.400 0.111 0.4 4.6 0.128 -1%
Ums Holdings Ltd 145.5 0.370 NA NA 16.2 0.630 0.250 0.7 4.6 0.425 15%
Ho Bee Investmen 719.2 1.010 1.254 24% 3.0 1.670 0.975 0.5 4.6 1.005 0%
United Engineers 537.1 1.890 2.140 13% 5.3 2.743 1.700 0.4 4.7 1.915 1%
Yhi Internationa 163.7 0.280 0.520 86% 6.0 0.365 0.255 0.7 4.7 0.275 -2%
Ying Li Internat 584.0 0.270 0.335 24% NA 0.450 0.200 0.8 4.8 0.290 7%
Mun Siong Engine 42.5 0.102 0.120 18% 9.8 0.240 0.090 NA 4.9 0.112 10%
Tiong Seng Hlds 145.5 0.190 0.285 50% 5.3 0.280 0.175 0.7 4.9 0.192 1%
Yangzijiang Ship 3,506.4 0.915 1.323 45% 4.9 2.090 0.770 1.3 4.9 0.985 8%
Japan Foods Hold 30.0 0.260 NA NA 2.4 0.400 0.238 NA 4.9 0.255 -2%
Broadway Indus 124.8 0.300 0.315 5% 6.7 0.580 0.290 0.6 4.9 0.260 -13%
Karin Technology 48.9 0.235 0.280 19% 8.2 0.250 0.210 0.7 4.9 0.240 2%
United O/S Aust 556.1 0.575 NA NA 4.5 0.790 0.360 NA 5.0 0.470 -18%
Ntegrator Inter 6.2 0.015 NA NA 13.3 0.040 0.015 0.4 5.0 0.015 0%
China Sunsine 117.7 0.240 0.290 21% 4.2 0.360 0.220 0.7 5.1 0.255 6%
Hotung Investmen 127.8 0.122 NA NA 16.5 0.195 0.117 NA 5.2 0.130 7%
Ch Offshore Ltd 239.7 0.340 0.515 51% 8.1 0.515 0.330 0.7 5.2 0.360 6%
Ifs Capital Ltd 46.6 0.310 0.600 94% 4.8 0.545 0.295 0.3 5.3 0.400 29%
Ezion Holdings L 467.8 0.655 0.924 41% 0.2 0.760 0.370 1.4 5.3 0.715 9%
Serial System 86.0 0.095 0.165 74% 11.5 0.168 0.094 0.7 5.3 0.100 5%
Hg Metal Manufac 92.5 0.091 NA NA NA 0.135 0.075 NA 5.4 0.102 12%
China Aviation 717.9 0.995 NA NA 2.0 1.610 0.830 1.1 5.5 1.065 7%
China New Town 207.0 0.053 NA NA 5.8 0.145 0.043 0.3 5.5 0.053 0%
Asti Holdings 28.6 0.050 0.170 240% 18.0 0.108 0.049 NA 5.6 0.055 10%
Ezra Holdings Lt 737.7 0.850 1.197 41% 1.8 1.860 0.750 0.6 5.6 0.960 13%
China Taisan 103.1 0.092 NA NA 4.7 0.205 0.082 NA 5.6 0.094 2%
Hiap Seng Engine 94.2 0.310 0.290 -6% 6.5 0.685 0.230 1.2 5.6 0.300 -3%
Marco Polo Marin 115.9 0.340 0.480 41% 2.9 0.471 0.311 0.8 5.7 0.335 -1%
Swiber Holdings 269.4 0.530 0.760 43% NA 1.060 0.440 0.5 5.7 0.565 7%
Nam Lee Pressed 61.2 0.270 NA NA 5.7 0.300 0.220 0.6 5.9 0.250 -7%
Mencast 91.9 0.490 0.710 45% 2.2 0.645 0.360 NA 5.9 0.540 10%
Elec & Eltek 547.5 2.250 3.839 71% 17.8 4.000 2.130 1.1 5.9 2.470 10%
Adampak Ltd 71.2 0.270 0.310 15% 11.1 0.380 0.220 1.2 6.0 0.265 -2%
Bukit Sembawang 1,022.6 3.950 4.160 5% 3.0 4.814 3.190 0.9 6.0 3.950 0%
Asl Marine Hldgs 215.2 0.510 0.668 31% 2.9 0.760 0.415 0.6 6.1 0.495 -3%
Gp Batteries 115.4 1.050 NA NA 3.8 1.710 0.960 0.4 6.2 1.020 -3%
Okp Holdings Ltd 160.3 0.525 0.800 52% 9.5 0.685 0.515 1.9 6.2 0.550 5%
Cse Global Ltd 387.1 0.750 0.986 31% 5.3 1.430 0.645 1.8 6.3 0.935 25%
Qian Hu Corp Ltd 37.7 0.083 0.130 57% 6.0 0.710 0.073 NA 6.4 0.094 13%
China Merchants 437.8 0.610 1.020 67% 7.3 0.760 0.460 0.8 6.4 0.650 7%
Yanlord Land Gro 1,900.0 0.975 1.041 7% 1.3 1.750 0.685 0.7 6.4 1.055 8%
Advanced Hldgs 40.4 0.130 NA NA 4.2 0.275 0.116 NA 6.5 0.132 2%
Thakral Corp Ltd 67.9 0.026 NA NA 3.8 0.035 0.023 NA 6.5 0.025 -4%
Hong Leong Asia 588.9 1.575 1.970 25% 6.3 3.220 1.400 0.7 6.6 1.635 4%
Nordic Group 36.8 0.092 0.150 63% 5.8 0.220 0.085 NA 6.6 0.093 1%
Kingsmen Creativ 112.6 0.580 0.795 37% 6.9 0.595 0.500 1.6 6.6 0.575 -1%
Hi-P Intl Ltd 525.6 0.600 0.623 4% 6.0 1.260 0.490 0.9 6.6 0.640 7%
Stx Osv Holdings 1,386.5 1.175 1.551 32% 6.8 1.580 0.790 1.9 6.6 1.310 11%
Pec Ltd 172.2 0.675 0.917 36% 4.4 1.364 0.650 0.8 6.8 0.705 4%
Epicentre Holdin 42.5 0.455 0.510 12% 11.0 0.673 0.273 NA 6.8 0.450 -1%
Sakari Res Ltd 2,081.1 1.835 2.694 47% 4.7 3.200 1.750 2.6 6.8 2.050 12%
China Animal Hea 358.1 0.225 0.390 73% 1.8 0.375 0.210 1.6 6.9 0.240 7%
Heatec Jietong 13.3 0.110 NA NA 6.8 0.310 0.100 0.5 6.9 0.110 0%
Sound Global Ltd 651.5 0.505 0.888 76% 2.0 0.850 0.405 1.5 7.0 0.555 10%
Technics Oil & 187.4 0.845 1.285 52% 14.2 1.050 0.795 3.1 7.0 0.865 2%

Source: Bloomberg (28 Dec 11 & 13 Jan 12 Prices)

Disclaimer
The information contained herein is the writer’s personal opinion and is provided to you for information only and is not intended to or nor will it create/induce the creation of any binding legal relations. The information or opinions provided herein do not constitute an investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not have any regard to your specific investment objectives, financial situation and any of your particular needs. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of this information. Investments are subject to investment risks including possible loss of the principal amount invested. The value of the product and the income from them may fall as well as rise. You may wish to seek advice from an independent financial adviser before making a commitment to purchase or invest in the investment product(s) mentioned herein. In the event that you choose not to do so, you should consider whether the investment product(s) mentioned herein are suitable for you. The writer will not, in any event, be liable to you for any direct/indirect or any other damages of any kind arising from or in connection with your reliance on any information in and/or materials appended herein. The information and/or materials are provided “as is” without warranty of any kind, either express or implied. In particular, no warranty regarding accuracy or fitness for a purpose is given in connection with such information and materials.

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