privatise_TheEdge

 

Following the recent spate of takeovers and privatization of companies, investors must be searching for the next target, elusive though that may be.

A NextInsight reader had a quick list. Click here to read.

The next day, Kim Eng Research delivered its list of candidates, all nine of whom are S-chips.

The Edge Singapore, in its current weekly edition, also took a stab at it with a cover story by senior writer Joan Ng.

Its 13 picks (see image above) are elaborated on in a 3-page story which you can read by buying a copy of the weekly for $3.80 from the newsstands.

What is your pick?

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Comments  

#5 Trader2 2011-06-06 05:51
UMS a possible target? I don't think so. I can't imagine the owner , a Viet-born American, selling out. I have met him at some events, and he is a true owner.
#4 Natalie 2011-06-02 09:25
Broadway is a likely takeover target. The chairman & substantial shareholder, Mr Wong, is well into his late 60s ( or so ). He could be happy to exit and retire.
-1 #3 845 2011-06-02 06:36
I agree -- but am sure all the stocks are under P/B. Portek was like half of book value before takeover offer.
#2 tan 2011-06-02 06:23
the chart not good enough, should include P/B. if not mistaken Allgreen and Portek trading below their P/B
#1 Raymond 2011-06-02 04:17
OKP data in the table is not right. OKP paid 1 cent interim dividend and 4 cents final dividend = 5 divided by 67 stock price = 7.4% yield. Nonetheless, am glad to see OKP being recognised as an attractive takeover target

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Counter NameLastChange
AEM Holdings1.840-0.020
Best World2.480-
Boustead Singapore0.950-0.005
Broadway Ind0.1450.005
China Aviation Oil (S)0.865-0.005
China Sunsine0.390-0.005
ComfortDelGro1.390-0.010
Delfi Limited0.875-
Food Empire1.120-0.010
Fortress Minerals0.310-
Geo Energy Res0.3000.005
Hong Leong Finance2.420-0.010
Hongkong Land (USD)3.4200.010
InnoTek0.505-
ISDN Holdings0.300-0.005
ISOTeam0.047-
IX Biopharma0.039-0.004
KSH Holdings0.245-
Leader Env0.049-
Ley Choon0.055-0.001
Marco Polo Marine0.068-0.003
Mermaid Maritime0.1350.002
Nordic Group0.305-
Oxley Holdings0.0900.001
REX International0.124-
Riverstone0.9300.005
Southern Alliance Mining0.480-
Straco Corp.0.490-
Sunpower Group0.230-
The Trendlines0.063-
Totm Technologies0.019-0.002
Uni-Asia Group0.810-0.035
Wilmar Intl3.160-
Yangzijiang Shipbldg1.750-0.020
 

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