July 16 report titled Time to Emphasise Value

KUDOS TO Kenneth Ng, CFA, of CIMB-GK for coming up with a shortlist of stocks that look great to buy during this market slump.

In a report yesterday (July 16), he wrote that “we sieve through our stock coverage avoiding: 1) stocks with poor liquidity (less than S$400m market cap); and 2) stocks with deteriorating earnings prospects or high gearings.”

From CIMB-GK's screening of stocks in its universe of coverage emerged companies that appear to provide great value once the worst is over, wrote Kenneth. 

The stocks were categorized as follows:

1. Lowest CY08 P/E
2. Lowest CY09 P/E
3. Lowest CY08 P/RNAV
4. Lowest CY08 P/BV

Rare are the times when an investor can buy a good business at a bargain price. Rare are the breed of investors who can act when value stares at them, in the face,” wrote Kenneth.





Recent story:  PACIFIC ANDES: Ready for the catch


You may also be interested in:

You have no rights to post comments

Counter NameLastChange
AEM Holdings3.3600.030
Avi-Tech Electronics0.255-
Best World1.640-
Broadway Ind0.076-0.002
China Sunsine0.400-0.010
Delfi Limited1.260-
Food Empire1.1200.030
Fortress Minerals0.325-0.010
Geo Energy Res0.250-0.005
GSS Energy0.033-0.001
Hong Leong Finance2.460-0.030
Hongkong Land (USD)3.4600.040
ISDN Holdings0.375-
IX Biopharma0.045-
Jiutian Chemical0.032-
KSH Holdings0.320-
Leader Env0.072-0.001
Medtecs Intl0.139-0.005
Nordic Group0.415-
Oxley Holdings0.106-0.001
REX International0.183-0.007
Sinostar PEC0.140-
Southern Alliance Mining0.690-
Straco Corp.0.4550.010
Sunpower Group0.295-
The Trendlines0.095-
Totm Technologies0.048-0.001
Uni-Asia Group0.950-
Wilmar Intl3.7400.040
Yangzijiang Shipbldg1.660-0.050

We have 2228 guests and no members online

rss_2 NextInsight - Latest News