It’s not all doom and gloom for struggling Singapore small-caps

Smaller players can still outperform the market.

Although Singapore stocks were hammered in the first two trading weeks of 2016, analysts at DBS Vickers are still convinced that a few select small-capitalisation companies can manage to outperform the market this year.

DBS' small-cap strategy hinges on three themes: growth, prospective yield, and recovery. DBS favours stocks which have clear drivers and catalysts, such foolproof expansion plans, potential forex gains, anticipated price rebounds and attractive dividend yields.

“Small-cap names can often shine despite uncertainty and malaise in the broader market,” DBS said.

DBS’ conviction picks are film production company mm2 Asia, glove maker Riverstone Holdings, agribusiness player Japfa, grocery operator Sheng Siong, and conglomerate China Merchants Holdings.
 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.