4 Stocks This Week [5 Jan 2018] (STI Outperformers) Haw Par Corp; China Sunshine; Venture Corp; Prudential
The year 2017 has been really good for Singapore’s Straits Times Index (STI), which is made up of 30 of the largest and most liquid stocks on the Singapore Exchange (SGX). Over the course of the year, the STI grew by about 18%.
These are respectable growth and returns for a single year that any investor should not be too unhappy about. For this episode of 4 Stocks This Week, let’s look at four stocks not in the STI that outperformed it for 2017.
Read Also: 4 Stocks This Week – Summary For 2017
Haw Par Corporation Limited (SGX: H02)
Haw Par Corporation and its subsidiaries is in the business of manufacturing and selling pharmaceutical and healthcare products. Its most recognisable brand is Tiger Balm, which has a product line that extends to ointments, plasters, muscle rubs and even mosquito repellent sprays.
In addition to their healthcare division, Haw Par Corporation has interests in the family-friendly entertainment and attraction business. It owns and operates the Underwater World Pattaya in Thailand, which opened in 2003.
It also has real-estate properties like the Haw Par Centre, Haw Par Glass Tower and Haw Par Technocentre in Singapore, as well as Menara Haw Par, a freehold commercial building in Kuala Lumpur.
With a market capitalisation of S$2.56 billion, Haw Par Corporation is Singapore’s largest primary Healthcare stock. It trades on the Catalist Board and achieved total returns of about 33% in 2017.
Its stock closed this week at $11.61.
China Sunsine Chemical Holdings Ltd. (SGX: CH8)
China Sunsine Chemical Holdings Ltd. is an investment holding company that engages in the manufacture and sale of rubber chemical products in China, the rest of Asia, the United States, Europe, and around the world.
As a leading specialty rubber chemicals producer, its customers make up 65% of the global top 75 tyre makers, including Bridgestone, Michelin, Goodyear, Pirelli, Sumitomo, Yokohama, and China tyre giants Hangzhou Zhongce, GITI Tire, and Shanghai Double Coin Tyre.
The company was incorporated in 2006 and is based in Singapore. It is a subsidiary of Success More Group Limited, which owns 59.72%.
The stock of China Sunsine Chemical Holdings grew about 84% in 2017, which happens to be the 10th anniversary of their listing on the SGX Mainboard (on 5 July 2007).
It’s stock closed at $0.955 at the end of this week.
Read Also: How Do You Start Investing In Rubber?
Venture Corporation Limited (SGX: V03)
Less than four months after joining the STI Reserve List, Venture Corp joined the STI on January 5, thus achieving the coveted “blue chip” status. It takes the place of Global Logistics Properties, which turned private. The other stocks on the STI Reserve List are Suntec Reit, Mapletree Commercial Trust, Keppel Reit and Sembcorp Marine.
At a market capitalization of close to $5.9 billion, Venture is the largest Information Technology stock listed on the SGX. The group is made up of 40 companies and together, they provide a wide range of technology products and services all around the world.
Their core business include manufacturing, product design and supply-chain management for the electronics industry, as well as producing and distributing electronic, mechanical, and computer-related products. They also provide specialised products and services relating to industrial metal parts, precision engineering, and plastic injecting mouldings.
It employs about 12,000 people and has operations China, Malaysia, Singapore, United, States, Europe.
Venture Corporation generated close to 130% total returns in 2017, during which it was not yet included in the STI. Its net profit grew 81.4% year on year in the first nine months of 2017.
The stock closed at $22.09 this week.
Prudential plc (SGX: K6S)
Prudential plc and its subsidiaries provide a range of financial products and services, as well as asset management services to individuals and businesses primarily in Asia, the United States, and the United Kingdom.
It offers a wide range of insurance products, as well as retirement products like long-term savings and annuity products.
Prudential plc was founded in 1848 and is headquartered in London, the United Kingdom. It wholly owns Prudential Singapore, which is one of the top life insurance companies in Singapore. Prudential Singapore has $31.5 billion funds under management as at 31 December 2016.
Prudential’s stock price grew about 33% in 2017. It closed this week at USD $25.60, the highest it has been in 52 weeks.