| 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) 2.490 0.120 (5.06%) Best World (CGN) 2.460 0.000 (0.00%) Boustead Singapore (F9D) 0.955 0.010 (1.06%) Broadway Ind (B69) 0.130 -0.003 (-2.26%) China Aviation Oil (S) (G92) 0.920 0.000 (0.00%) China Sunsine (QES) 0.420 0.000 (0.00%) ComfortDelGro (C52) 1.500 0.020 (1.35%) Delfi Limited (P34) 0.895 0.000 (0.00%) Food Empire (F03) 1.300 0.040 (3.17%) Fortress Minerals (OAJ) 0.310 0.010 (3.33%) Geo Energy Res (RE4) 0.310 0.005 (1.64%) Hong Leong Finance (S41) 2.530 0.030 (1.20%) Hongkong Land (USD) (H78) 3.110 -0.030 (-0.96%) InnoTek (M14) 0.560 0.010 (1.82%) ISDN Holdings (I07) 0.305 0.000 (0.00%) ISOTeam (5WF) 0.044 0.000 (0.00%) IX Biopharma (42C) 0.043 0.001 (2.38%) KSH Holdings (ER0) 0.250 0.000 (0.00%) Leader Env (LS9) 0.047 0.000 (0.00%) Ley Choon (Q0X) 0.044 -0.001 (-2.22%) Marco Polo Marine (5LY) 0.070 0.003 (4.48%) Mermaid Maritime (DU4) 0.142 0.003 (2.16%) Nordic Group (MR7) 0.310 0.005 (1.64%) Oxley Holdings (5UX) 0.088 0.000 (0.00%) REX International (5WH) 0.132 -0.001 (-0.75%) Riverstone (AP4) 0.820 0.025 (3.14%) Southern Alliance Mining (QNS) 0.430 0.000 (0.00%) Straco Corp. (S85) 0.485 0.000 (0.00%) Sunpower Group (5GD) 0.200 -0.010 (-4.76%) The Trendlines (42T) 0.063 -0.004 (-5.97%) Totm Technologies (42F) 0.021 -0.001 (-4.55%) Uni-Asia Group (CHJ) 0.820 0.000 (0.00%) Wilmar Intl (F34) 3.340 -0.130 (-3.75%) Yangzijiang Shipbldg (BS6) 1.720 -0.020 (-1.15%)
