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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.

Mr Wong, who believes...

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