Go against property, offshore & marine flow: RHB

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.