Excerpts from RHB Research report


RHB jewels20192018 was a dismal year for small-mid caps, with many of them correcting over 50% over the course of the year, which also created opportunities as valuations are now undemanding and at an attractive level.

Over 65% of our stock picks in this book are new companies not seen in previous editions.

This year, technology and manufacturing names make up the bulk of our top 20 picks as we believe these sectors have overcorrected due to trade war tensions in 2018.

JarickSeet3.18Jarick Seet, Head of Small-Mid Cap Research, RHB Securities SingaporeWith an impending trade deal between the US and China, we think some of these stocks that are trading at significantly low valuations could potentially rerate both in terms of earnings and P/E multiples.

While other companies featured in this edition may vary in terms of business, market capitalisation, and investor interest, they share a common DNA – they are fundamentally sound companies with a high probability of making good returns for investors.

We hope to eventually see these companies graduate into mid-sized corporates or even large caps in the not-too-distant future.

Full report here.


Counter NameLastChange
AEM Holdings2.3800.040
Best World2.460-
Boustead Singapore0.955-0.005
Broadway Ind0.133-
China Aviation Oil (S)0.920-0.005
China Sunsine0.415-
ComfortDelGro1.480-
Delfi Limited0.895-
Food Empire1.260-
Fortress Minerals0.300-0.005
Geo Energy Res0.305-0.005
Hong Leong Finance2.500-
Hongkong Land (USD)3.1300.010
InnoTek0.5450.025
ISDN Holdings0.310-
ISOTeam0.0440.001
IX Biopharma0.0420.001
KSH Holdings0.250-
Leader Env0.051-
Ley Choon0.045-
Marco Polo Marine0.067-
Mermaid Maritime0.140-
Nordic Group0.305-0.005
Oxley Holdings0.088-0.001
REX International0.134-0.002
Riverstone0.800-0.015
Southern Alliance Mining0.430-
Straco Corp.0.475-0.035
Sunpower Group0.2150.010
The Trendlines0.067-
Totm Technologies0.022-
Uni-Asia Group0.825-
Wilmar Intl3.470-0.030
Yangzijiang Shipbldg1.750-