thumbs upCIMB this morning put out its expectations for the upcoming 1Q17 results of companies under its coverage.

Companies that it reckons has the potential to beat its forecast profits are:


1QFY17F profit


Best World


Likely to do well on continued sales momentum in both Taiwan and China.

SIA Engineering*


JV could surprise on the upside if strength in 3Q17 continued (+41%qoq, +10%yoy). We remain hopeful on special dividend.

SembCorp Marine


Ship repair and margin could surprise on the upside 

S’pore Telecom


Driven by higher associate earnings



Expectation for seasonally-weaker quarter while sales for new CE product (wireless lighting) could surprise on the upside.

 *4QFY17F; Sources: CIMB, company reports

CIMB also re-cast its alpha picks:

Big-caps: Frasers Centrepoint, ST Engineering, UOL, First Resources and China Aviation Oil (new).
● Small-caps: Best World, Cityneon, CSE Global, Talkmed, Valuetronics, MM2 (new), Boustead Projects (new), HMI (new).

CIMB has removed Venture Corp, UMS, Sunningdale following the stocks' outperformance.

Best World

Share price: 


Interestingly, one stock whose outperformance has outperform all of them -- Best World -- with a scorching 613% run-up in the last 12 months remains firmly on CIMB's alpha list with a target price of $2.97.

For CIMB's full report, click here.

Share Prices

Counter NameLastChange
AEM Holdings6.620-0.400
Alliance Mineral0.370-0.010
Avi-Tech Electronics0.495-0.010
Best World Int.1.700-0.070
China Sunsine1.380-0.070
DISA Limited0.0090.001
Dutech Holdings0.250-0.010
Federal Int. (2000)0.385-
Food Empire0.660-0.015
Geo Energy0.220-0.005
Golden Energy0.375-0.005
GSS Energy0.167-0.004
Heeton Holdings0.565-0.005
KSH Holdings0.670-0.020
Lian Beng Group0.655-0.005
Nordic Group0.560-0.015
Oxley Holdings0.515-0.010
REX International0.049-0.002
Serial System0.172-
Sing Holdings0.425-0.005
Sino Grandness0.198-0.002
Straco Corp.0.765-0.010
Sunningdale Tech1.870-0.060
Sunpower Group0.545-0.035
The Trendlines0.125-0.002
Tiong Seng0.3950.005
Trek 2000 Int.0.245-0.015
Uni-Asia Group1.410-
XMH Holdings0.255-0.005
Yangzijiang Shipbldg1.220-0.050

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