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.
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.
Food for thought.
*This was sent to my clients on Thurs evening.
*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 | |||||||||||
| 2. Stocks should have existing analyst coverage | |||||||||||
| 3. Analyst target price > last price | |||||||||||
| 4. Beta >=1.0 | |||||||||||
| 5. Stock's decline >= STI's 5.6% decline since 3 May 12 | |||||||||||
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