Our retail research team has created 3 stock lists, namely Growth, Value and Yield.
|The Growth List comprises of small-mid capitalisation companies with business catalysts which will potentially grow their earnings in the near future. The Growth portfolio would be suitable for investors looking for higher returns and are willing to tolerate the risk of higher short-term volatility of stock prices.|
|The Value List focuses on companies which are undervalued based on their share prices as compared to the company fundamentals. It would be suitable for conservative investors who prefer price stability and have a longer investment horizon.|
|The Yield List comprises of stocks that provide consistent dividend pay-out. It would be suitable for investors whose primary focus is to gain regular dividend income from their investments.|
December Market Overview
The STI ended 2017 with a 18.1% gain despite slipping 0.9% in Dec, driven by solid performances from the three banks, property counters and tech manufacturers.
Against this backdrop, our Growth, Value, Yield (GVY) basket of stocks achieved a laudable average return of 37.1%.
Growth List +40.0% YTD
Key performers in 2017 were led by tech manufacturers, AEM and Venture, which rode the cyclical upturn in the global semiconductor industry.
Additionally, Best World put up a creditable performance on a pick-up in sales traction in China after securing a direct selling license in Hangzhou in Nov '16.
However, healthcare counters, Singapore Medical Group and Health Management Int'l underperformed, with the sector dragged on the de-rating of industry leader, Raffles Medical Group.
Value List +8.5% YTD
In Dec, property developer Bukit Sembawang (BS) was added into the Value portfolio by virtue of its attractive 41% discount to the RNAV/share of $10.31.
BS is expected to reverse a six-year declining earnings trend as it capitalises on its massive land bank and improving residential market in Singapore.
Yield List +63.6% YTD
The yield basket enjoyed a stellar performance in 2017, spearheaded by tech manufacturers, Micro-Mechanics and UMS, as well as income plays that made up the other constituents.
Note: *Including dividends
** Index return (based on entry date)
This document is not research material and it has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibition on dealing ahead of the dissemination of investment research. This document does not necessarily represent the views of every function within Maybank Kim Eng Securities.
This document is being distributed for general information only and it does not constitute an offer, recommendation or solicitation to enter into any transaction or adopt any hedging, trading or investment strategy, in relation to any securities or other financial instruments. This document is for general evaluation only, it does not take into account the specific investment objectives, financial situation or particular needs of any particular person or class of persons and it has not been prepared for any particular person or class of persons.
Opinions, projections and estimates are solely those of Maybank Kim Eng Securities at the date of this document and subject to change without notice. Past performance is not indicative of future results and no representation or warranty is made regarding future performance. Any forecast contained herein as to likely future movements in rates or prices or likely future events or occurrences constitutes an opinion only and is not indicative of actual future movements in rates or prices or actual future events or occurrences (as the case may be).
Maybank Kim Eng Securities makes no representation or warranty of any kind, express, implied or statutory regarding, but not limited to, the accuracy of this document or the completeness of any information contained or referred to in this document. This document is distributed on the express understanding that, whilst the information in it is believed to be reliable, it has not been independently verified by us. Maybank Kim Eng Securities accepts no liability and will not be liable for any loss or damage arising directly or indirectly (including special, incidental or consequential loss or damage) from your use of this document, howsoever arising, and including any loss, damage or expense arising from, but not limited to, any defect, error, imperfection, fault, mistake or inaccuracy with this document, its contents or associated services, or due to any unavailability of the document or any part thereof or any contents.
Maybank Kim Eng Securities, and/or a connected company, may at any time, to the extent permitted by applicable law and/or regulation, be long or short any securities, currencies or financial instruments referred to on this document or have a material interest in any such securities or related investment, or may be the only market maker in relation to such investments, or provide, or have provided advice, investment banking or other services, to issuers of such investments. Accordingly, Maybank Kim Eng Securities, its affiliates and/or subsidiaries may have a conflict of interest that could affect the objectivity of this document. This document must not be forwarded or otherwise made available to any other person without the express written consent of Maybank Kim Eng Securities.
On iPhone and Android
Step 1: Log in to KE Trade Mobile
Step 2: Select "Market Insight"
Step 3: Choose from four markets and search for your stock
Step 1: Log in to KE Trade Mobile
Step 2: Go to "Market Insight"
On Web Browser
Step 1: Log in to www.ketrade.com.sg on your web browser
Step 2: Go to your Watchlists, 4Site and QuickTrade pages
Step 3: Right click the stock you wish to find out more about and select "Market Insight"
Get the latest research insights on your iPad with Market Insight! Now you can not only trade on the move, but also stay updated on the move.
1. In-depth regional and local coverage
- Read reports on companies, sectors, economics and strategies.
- View research call consensus charts and find out about Maybank Kim Eng's buy-sell-hold calls.
- 11 markets are covered - Singapore, Hong Kong, Malaysia, Philippines, Thailand, Indonesia, Korea, Vietnam, India, United States and Taiwan.
2. Model portfolio
- Get trading ideas by viewing model portfolios formed using characteristics like growth, yield and value.
- Find out the latest news and market talk on a particular counter by clicking it in the model portfolio.
3. Customisable content
- Bookmark only the research coverage that you need under "My Picks".
Accessing Market Insight on iPad
Step 1: Download KE Trade for iPad or search "Maybank KE Trade SG" in the iTunes App store using your iPad
Step 2: Open the app and sign in with your Username and Password
Step 3: Click on the "Market Insight" tab