Below is my compilation of companies which had under
performed the STI since 3 May. Data was sourced from Bloomberg on 17 May. My
criteria in compiling the list is also listed below.
performed the STI since 3 May. Data was sourced from Bloomberg on 17 May. My
criteria in compiling the list is also listed below.
Some companies such as Olam and China Minzhong are all time
oversold based on RSI (i.e. since listing). Several of them are also trading at
their 52 week low.
oversold based on RSI (i.e. since listing). Several of them are also trading at
their 52 week low.
Food for thought.
*This was sent to my clients on Thurs evening.
| Short Name |
Last Price | Est TP | Chg from Est TP | 52 wk high ($) |
52 wk low ($) |
Adj Mkt Cap ($) |
FY12F PE (x) |
ROE (%) | Hist P/BV (x) | YTD Total Return | Beta | Last Px chg vs 3 May |
| China Minzhong |
0.59 | 1.22 | 109% | 1.63 | 0.58 | 326 | 2.4 | 21.8 | 0.5 | -28% | 1.1 | -31% |
| Olam Internation |
1.76 | 2.56 | 46% | 3.02 | 1.75 | 4,299 | 11.5 | 21.4 | 1.2 | -17% | 1.4 | -23% |
| Sakari Res Ltd |
1.59 | 2.47 | 56% | 3.20 | 1.58 | 1,802 | 8.4 | 33.0 | 2.2 | -11% | 1.5 | -22% |
| Wilmar Internati |
3.95 | 4.78 | 21% | 6.05 | 3.95 | 25,353 | 12.7 | 12.7 | 1.5 | -20% | 1.0 | -20% |
| Neptune Orient |
1.03 | 1.27 | 24% | 1.90 | 0.98 | 2,650 | NA | -16.4 | 0.9 | -9% | 1.4 | -20% |
| Midas Holdings |
0.30 | 0.70 | 139% | 0.71 | 0.29 | 359 | 10.8 | 6.4 | 0.6 | -9% | 1.6 | -19% |
| Ying Li Internat |
0.26 | 0.63 | 146% | 0.42 | 0.20 | 552 | 6.3 | 10.4 | 1.0 | 0% | 1.6 | -16% |
| Yangzijiang Ship |
1.01 | 1.44 | 44% | 1.76 | 0.77 | 3,851 | 5.3 | 34.7 | 1.4 | 16% | 1.6 | -15% |
| Sound Global Ltd |
0.47 | 0.78 | 68% | 0.76 | 0.41 | 600 | 6.5 | 19.6 | 1.3 | -5% | 1.4 | -14% |
| China Aviation |
0.98 | 1.55 | 59% | 1.34 | 0.83 | 703 | 6.4 | 17.0 | 1.3 | 1% | 1.1 | -14% |
| Gmg Global Ltd |
0.12 | 0.15 | 19% | 0.20 | 0.11 | 935 | 12.2 | 12.4 | 1.1 | 9% | 1.1 | -13% |
| Capitaland Ltd |
2.60 | 3.34 | 29% | 3.18 | 2.17 | 11,093 | 18.3 | 7.3 | 0.7 | 21% | 1.2 | -13% |
| Hong Leong Asia |
1.61 | 1.91 | 19% | 2.59 | 1.40 | 602 | 7.8 | 10.2 | 0.7 | 6% | 1.4 | -13% |
| Genting Hong Kon |
0.32 | 0.47 | 48% | 0.46 | 0.26 | 3,145 | 16.0 | 8.9 | 1.2 | 21% | 1.6 | -12% |
| Sembcorp Marine |
4.52 | 5.91 | 31% | 5.34 | 2.97 | 9,458 | 14.0 | 30.0 | 3.7 | 23% | 1.5 | -12% |
| Yanlord Land Gro |
1.04 | 1.19 | 14% | 1.50 | 0.69 | 2,027 | 10.1 | 10.6 | 0.7 | 9% | 1.5 | -11% |
| Indofood Agri Re |
1.28 | 1.79 | 41% | 2.09 | 1.14 | 1,834 | 8.2 | 12.5 | 1.0 | 1% | 1.4 | -11% |
| Ezion Holdings L |
0.76 | 1.26 | 67% | 1.03 | 0.37 | 643 | 6.3 | 24.2 | 1.4 | 15% | 1.3 | -11% |
| Noble Group Ltd |
1.10 | 1.59 | 45% | 2.12 | 1.06 | 7,066 | 8.7 | 10.1 | 1.2 | -1% | 1.7 | -11% |
| Genting Singapor |
1.56 | 1.89 | 21% | 2.10 | 1.42 | 19,031 | 18.4 | 18.2 | 2.3 | 4% | 1.2 | -10% |
| Tiger Airways | 0.64 | 0.73 | 14% | 1.41 | 0.60 | 521 | NA | 23.2 | 2.0 | 0% | 1.1 | -10% |
| China Fishery | 0.92 | 1.20 | 30% | 1.78 | 0.84 | 941 | 5.6 | 14.3 | 0.9 | 5% | 1.1 | -10% |
| Swiber Holdings |
0.56 | 0.79 | 43% | 0.80 | 0.44 | 338 | 6.0 | 9.4 | 0.6 | 4% | 1.6 | -10% |
| Mandarin Orientl |
1.43 | 1.81 | 26% | 2.20 | 1.33 | 1,807 | 18.1 | 7.5 | 1.6 | -2% | 1.0 | -9% |
| Ezra Holdings Lt |
0.99 | 1.35 | 37% | 1.63 | 0.75 | 968 | 11.2 | 5.6 | 0.8 | 18% | 1.5 | -9% |
| Golden Agri-Reso |
0.67 | 0.89 | 33% | 0.81 | 0.55 | 8,072 | 9.9 | 17.1 | 0.8 | -5% | 1.1 | -9% |
| Osim Intl Ltd | 1.18 | 1.72 | 46% | 1.70 | 0.92 | 864 | 11.0 | 50.5 | 5.3 | 3% | 1.4 | -9% |
| Keppel Corp Ltd |
10.11 | 13.02 | 29% | 11.67 | 7.02 | 18,138 | 11.0 | 26.7 | 2.1 | 11% | 1.3 | -8% |
| Capitamalls Asia |
1.38 | 1.83 | 33% | 1.73 | 1.13 | 5,326 | 24.0 | 7.6 | 0.9 | 22% | 1.1 | -8% |
| Raffles Educatio |
0.39 | 0.46 | 21% | 0.66 | 0.38 | 337 | 16.7 | 7.5 | 0.6 | -9% | 1.2 | -8% |
| Keppel Land Ltd |
2.89 | 3.45 | 19% | 4.11 | 2.17 | 4,309 | 11.8 | 28.6 | 0.8 | 38% | 1.5 | -8% |
| Nam Cheong Ltd |
0.18 | 0.27 | 52% | 0.28 | 0.11 | 337 | 7.1 | 20.8 | 1.7 | 37% | 1.2 | -8% |
| Fraser And Neave |
6.60 | 7.43 | 13% | 7.17 | 5.30 | 9,405 | 14.4 | 13.4 | 1.3 | 9% | 1.0 | -7% |
| Uol Group Ltd | 4.31 | 5.14 | 19% | 5.14 | 3.76 | 3,312 | 8.9 | 13.7 | 0.7 | 11% | 1.0 | -7% |
| United Overseas |
17.98 | 19.83 | 10% | 21.00 | 14.42 | 28,321 | 11.6 | 11.1 | 1.3 | 20% | 1.0 | -7% |
| Pac Andes Resour |
0.15 | 0.20 | 31% | 0.28 | 0.15 | 723 | 5.7 | 8.4 | 0.4 | -8% | 1.1 | -7% |
| Singapore Exch |
6.26 | 6.95 | 11% | 7.72 | 5.91 | 6,686 | 21.6 | 36.0 | 8.7 | 3% | 1.1 | -7% |
| Hongkong Land | 5.80 | 6.18 | 7% | 7.51 | 4.17 | 17,184 | 20.6 | 24.0 | 0.5 | 30% | 1.1 | -6% |
| Jardine Cycle & |
44.75 | 48.50 | 8% | 51.79 | 35.72 | 15,939 | 11.0 | 25.3 | 2.7 | -4% | 1.2 | -6% |
Source: Bloomberg (17 May 12).
| Criteria | |||||||||||
| 1. Market cap > S$300m |
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| 2. Stocks should have existing analyst coverage |
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| 3. Analyst target price > last price |
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| 4. Beta >=1.0 | |||||||||||
| 5. Stock’s decline >= STI’s 5.6% decline since 3 May 12 |
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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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