CIMB says small cap stocks in Singapore under its coverage fared better in the fourth quarter last year, compared with the one immediately prior, the brokerage notes.
Of the companies it covers, five did better than expectations, 10 were in line, and two were below.
However, CIMB is staying cautious, noting that the beats "came mainly from non-recurring operational one-offs and lowered expectations pre-results."
For this year, CIMB expects a re-rating for Del Monte and Sarine Tech. Its top picks are GL, Sarine Tech and Venture Corp.
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Of the companies it covers, five did better than expectations, 10 were in line, and two were below.
However, CIMB is staying cautious, noting that the beats "came mainly from non-recurring operational one-offs and lowered expectations pre-results."
For this year, CIMB expects a re-rating for Del Monte and Sarine Tech. Its top picks are GL, Sarine Tech and Venture Corp.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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