| Excerpts from DBS Vickers report With STI falling by nearly 9% in January, small cap names were not spared and our picks fell by an average of 5.9% since our last issue of SMC Monthly. We focus our picks on names that should report strong earnings or declare an attractive dividend.  Japfa: Parent stock chickens used to lay eggs for DOC (day-old chicks). Photo: RHBWe expect good results from - Japfa, Riverstone, mm2, Osim while dividend yield for CMH Pacific is attractive at c.7%. CMH is likely to reward shareholders with a final dividend of up to 3.5Scts. Value is also emerging from the P/BV perspective. We highlight a couple of names that offer value: Midas Holdings (BUY, TP S$0.49) is trading at c. 0.5x P/BV despite being profitable, 2) Perennial Real Estate Holdings (BUY, TP S$1.32) is at just 0.5x P/BV and 3) Centurion Corporation (BUY, TP S$0.59) trades at 0.6x P/BV and less than 7x PE. We also feature leading local F&B group, Jumbo, whose growth is underpinned by new outlets in Shanghai and Singapore, in an Equity Explorer. For SMC Radars, we highlight Best World, Serial System, and Sunningdale. See: BEST WORLD: Takeaways from discussion on direct-selling prospects in China RIVERSTONE: Oct 2015 factory visit video by NextInsight SERIAL SYSTEM: Dividend yield expected to be 6-8% over next 12 months JAPFA: Day-old-chick prices spike up |
Stock Price
AEM Holdings (AWX) 2.340 -0.020 (-0.85%) Best World (CGN) 2.460 -0.010 (-0.40%) Boustead Singapore (F9D) 0.960 -0.005 (-0.52%) Broadway Ind (B69) 0.133 0.004 (3.10%) China Aviation Oil (S) (G92) 0.925 0.005 (0.54%) China Sunsine (QES) 0.415 0.000 (0.00%) ComfortDelGro (C52) 1.480 -0.020 (-1.33%) Delfi Limited (P34) 0.895 -0.010 (-1.10%) Food Empire (F03) 1.260 -0.010 (-0.79%) Fortress Minerals (OAJ) 0.305 -0.005 (-1.61%) Geo Energy Res (RE4) 0.310 0.000 (0.00%) Hong Leong Finance (S41) 2.500 0.010 (0.40%) Hongkong Land (USD) (H78) 3.120 0.050 (1.63%) InnoTek (M14) 0.520 -0.005 (-0.95%) ISDN Holdings (I07) 0.310 0.000 (0.00%) ISOTeam (5WF) 0.043 0.002 (4.88%) IX Biopharma (42C) 0.041 -0.002 (-4.65%) KSH Holdings (ER0) 0.250 0.000 (0.00%) Leader Env (LS9) 0.051 0.000 (0.00%) Ley Choon (Q0X) 0.045 -0.001 (-2.17%) Marco Polo Marine (5LY) 0.067 0.001 (1.52%) Mermaid Maritime (DU4) 0.140 -0.001 (-0.71%) Nordic Group (MR7) 0.310 -0.030 (-8.82%) Oxley Holdings (5UX) 0.089 0.000 (0.00%) REX International (5WH) 0.136 -0.001 (-0.73%) Riverstone (AP4) 0.815 -0.005 (-0.61%) Southern Alliance Mining (QNS) 0.430 -0.015 (-3.37%) Straco Corp. (S85) 0.510 0.010 (2.00%) Sunpower Group (5GD) 0.205 -0.005 (-2.38%) The Trendlines (42T) 0.067 -0.002 (-2.90%) Totm Technologies (42F) 0.022 0.000 (0.00%) Uni-Asia Group (CHJ) 0.825 0.000 (0.00%) Wilmar Intl (F34) 3.500 0.020 (0.57%) Yangzijiang Shipbldg (BS6) 1.750 -0.030 (-1.69%)
