Book features 20 investment ideas that have potential to succeed in 2019;
13 new companies — not seen in previous editions
SINGAPORE, May 7, 2019 /PRNewswire/ — RHB Securities Singapore launched its 9th edition of Top Singapore Small Cap Companies book, highlighting 20 undiscovered jewels that have the potential to thrive in coming years. This essential Small Cap investing handbook aspires to create value for investors by providing detailed analysis and recommendations for hidden gems within SGX-listed small-cap companies.
RHB’s award winning equity research team has been meticulous in selecting the 20 companies. The team conducted interviews with senior management of the companies, undertook site visits as well as in-depth fact checks before formulating the investment thesis.
This year, technology and manufacturing names make up bulk of the Top 20 Small Cap picks. The RHB research team thinks that some technology and manufacturing stocks, especially those trading at significantly low valuations, could potentially witness revival in earnings growth and in re-rating in their P/E multiples.
The book also includes stocks from entertainment, property and REITs, finance, rubber, pharmaceutical as well as oil and gas sectors. Although the nature of business, market capitalisation and investor interest may vary for all companies mentioned, they share a common DNA — they are fundamentally sound companies with a high probability of generating positive returns for investors.
Danny Quah, Country Head of RHB Singapore said, "For close to a decade, the RHB Top Singapore Small Cap Companies book continues to be a sought-after publication. The ninth edition comprises top small cap companies that are undervalued but yet holds high growth potential with positive balance sheet and dividend yield. We hope to eventually see these companies graduate into mid-sized corporates or even large caps in the not too distant future."
Jarick Seet, Head of Small-Mid Caps, RHB Securities Singapore Pte Ltd said, "2018 was a dismal year for small-mid caps, with many of them correcting over 50% over the course of the year. This, we believe has created an opportunity for investors to invest in companies that are trading at an attractive price level and undemanding valuations. We have met a whole slew of companies in past few months and after countless meetings with the management and ground checks, we have selected our Top 20 picks, which we believe would potentially outperform in 2019, thereby delivering good returns to our investors."
RHB Securities Singapore celebrates publication of the ninth edition of Singapore Small Cap Jewels in 2019, a tradition that was started by our Malaysian counterparts back in 2005 and which has since then earned a strong following within the investing community. The Singapore Small Cap book complements the publication of Small Cap books by our research colleagues in Malaysia, Thailand and Indonesia. Our regional compendium is a unique Pan-ASEAN repository of reports, with ideas on 80 companies that remain unmatched in this region.
About the RHB Singapore
RHB Singapore was first established in 1961 through a series of rapid expansion and strategic mergers. For more than half a century, RHB has garnered invaluable financial experience and transferred those insights of service excellence on to clients, helping both individuals as well as corporations fulfil their business opportunities. Throughout these years of dedication in Singapore, RHB has built formidable ties with clients and is established as one of the Republic’s most trusted financial institutions. RHB Singapore’s core businesses are streamlined into eight pillars, namely Personal Financial Services and Wealth Management, Commercial Banking, Corporate Banking, Treasury, Structured Finance as well as Investment Banking, Brokerage and Asset Management businesses. All the eight business pillars are offered through RHB Bank Berhad (a fully-licensed bank), RHB Securities Singapore Pte Ltd and RHB Asset Management Pte Ltd. RHB Singapore is the local business operations of the RHB Banking Group, the fourth largest fully integrated financial services group in Malaysia. The Group’s regional presence spans ten countries in ASEAN including Hong Kong. It is RHB Banking Group’s aspiration to continue to deliver superior customer experience and shareholder value; and to be recognised as a Leading Multinational Financial Services Group.