Consumer, tech firms dominate RHB’s top 20 small-cap companies: report

Taking the top spot was the sole telecom firm in the list.

RHB Banking Group revealed the top 20 small cap companies that made it to the 14th edition of its Singapore Small Cap Jewels publication.

The two sectors with the most entries were the consumer and technology sectors, both having four companies each on the list. 

Industrial, oil and gas as well as real estate and REITs had three entries each. Rounding out the list were two firms from the healthcare sector and one from telecommunications.

“Over 60% of our stock picks in this year’s book are companies that have not been featured in the previous three editions,” RHB said. “This year, we have a good representation of stocks from the technology, consumer, oil & gas, industrial, property, and healthcare sectors.”

Despite holding only one entry, the telecommunications sector placed first on the list with Asian Pay Television Trust.

With four spots each: the consumer sector had Delfi, Food Empire, Jumbo Group and RE&S Holdings; while tech firms included were Aztech Global, Frencken Group, Grand Venture Technology and UMS Holdings.

Industrials had CSE Global, Riverstone Holdings and the Singapore Post; while Dyna-Mac Holdings, Marco Polo Marine and Mermaid Maritime represented the oil and gas industry.

Property companies that made it to were Centurion Corp, Far East Hospitality Trust and Thakral Corp.

Lastly, the healthcare sector qualified with Econ Healthcare and Thomson Medical Group.

“The stocks included in our Singapore Small Cap Jewels book exhibit at least one of the following fundamental characteristics: A compelling valuation, an interesting growth story, a strong balance sheet, cash-generation capability, or situational event-driven catalysts,” the report said.