Go against property, offshore & marine flow: RHB
Depressed valuations in smaller counters of these sectors seen offering contrarian opportunity for bargain-hunters
Singapore
DEPRESSED valuations among smaller counters in the property and offshore and marine spaces offer bargain-hunters an opportunity to pick up contrarian value, RHB said on Wednesday as it unveiled its 2015 slate of small cap "jewels".
"If during ancient times there was such a thing as a stock market, and if I was to mention these two sectors, my tongue would have been cut off. I like offshore, marine, and I like property," RHB head of research Terence Wong said at a briefing.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
US: Wall St opens sharply higher on soft jobs data
HSBC has no plans to dispose of further businesses, chairman says
Glencore-backed group said near deal for Shell Singapore assets
Chinese share of French EV market slumps after incentives curbed
ARA H-Trust Q1 net property income up marginally to US$6.4 million
JPMorgan unveils IndexGPT in next Wall Street bid to tap AI boom