Below is my compilation of companies which had under performed the STI since 3 May. Data was sourced from Bloomberg on 17 May. My criteria in compiling the list is also listed below.
Some companies such as Olam and China Minzhong are all time oversold based on RSI (i.e. since listing). Several of them are also trading at their 52 week low.
Food for thought.
*This was sent to my clients on Thurs evening.
| Short Name | Last Price | Est TP | Chg from Est TP | 52 wk high ($) | 52 wk low ($) | Adj Mkt Cap ($) | FY12F PE (x) | ROE (%) | Hist P/BV (x) | YTD Total Return | Beta | Last Px chg vs 3 May |
| China Minzhong | 0.59 | 1.22 | 109% | 1.63 | 0.58 | 326 | 2.4 | 21.8 | 0.5 | -28% | 1.1 | -31% |
| Olam Internation | 1.76 | 2.56 | 46% | 3.02 | 1.75 | 4,299 | 11.... |
