Everything seems like a piece of cake in retrospect. From guessing winning lottery numbers, to the spot-on soccer bet prediction, to the realization that surging property prices bring about a windfall; everything appears unbelievably easy on hindsight. And hindsight is always synonymous with "I wanted to buy the winning number actually" or "I was thinking of getting this lot of share last week". Alas, the time machine has not been invented yet. Hence, the next best alternative we ought to do is, perhaps, to reflect upon the lessons learnt from the past year and make the best out of 2011.
First, let us examine the performance of STI stocks in 2010. The juxtaposition of January prices and December prices clearly shows that many blue chips rose significantly over the year. Specifically, 24 out of 30 counters enjoyed market gains. Refer to Year to Date Returns column.
Source: Bloomberg (17 Dec 10)
As such, can we expect the bull run to continue its charge in the forthcoming year? In the light of the positive economic climate where the GDP forecast for 2011 is 4 to 5%, and coupled with increased liquidity and low interest rate, there is little doubt that history will repeat itself. This brings us to the million dollar question of which stocks to look out for in 2011. Here are some recommendations from renown research firms.
OCBC Research - CapitaLand ($4.54), DBS ($16), Genting Singapore ($2.53), Keppel Corp ( $12.50), Mapletree Logistics Trust ($1), Noble Group ($2.59), Olam ($3.53), Sembcorp Marine ($5.70), Starhub ($3.02), UOB ($19.70).
The Business Times - SIA, Wilmar, Golden Agri-Resources
DBS Vickers Research - SembCorp Marine ($5.48), Keppel Corp ($12.20), Cosco Corp ($2.35), Genting Singapore ($2.70), SIA ($18.50)
UBS Investment Research - Keppel Land ($5.08), Keppel Corp ($11.10), SembCorp Industries ($5.68), OCBC ($11.30), Noble ($2.70), DBS ($16.60).
First, let us examine the performance of STI stocks in 2010. The juxtaposition of January prices and December prices clearly shows that many blue chips rose significantly over the year. Specifically, 24 out of 30 counters enjoyed market gains. Refer to Year to Date Returns column.
Company Name | Last Price | Analyst Forecast | Potential Capital Gain | Expected Div Yield | Year to Date Returns | Potential (Capital Gain + Div Yield) |
Capitamalls Asia | 1.86 | 2.32 | 24.9% | 0.6% | -26.5% | 25.5% |
Singapore Airline | 15.04 | 18.65 | 24.0% | 4.0% | 2.7% | 28.0% |
Noble Group Ltd | 2.04 | 2.52 | 23.7% | 1.4% | -1.3% | 25.1% |
Capitaland Ltd | 3.65 | 4.38 | 19.9% | 1.7% | -10.7% | 21.5% |
Wilmar Internati | 5.89 | 7.06 | 19.8% | 1.2% | -7.2% | 21.1% |
Jardine Strat | 26.2 | 31.33 | 19.6% | 0.9% | 50.3% | 20.5% |
United Overseas | 17.9 | 21.04 | 17.5% | 3.9% | -6.2% | 21.5% |
Comfortdelgro Co | 1.54 | 1.81 | 17.5% | 3.0% | -2.8% | 20.5% |
Singapore Ex | 8.37 | 9.76 | 16.6% | 3.8% | 3.6% | 20.4% |
Jardine Matheson | 43.48 | 50.16 | 15.4% | 2.5% | 48.0% | 17.8% |
Fraser And Neave | 6.12 | 6.93 | 13.2% | 2.9% | 51.0% | 16.2% |
Singap Tech Engineering | 3.25 | 3.66 | 12.6% | 4.1% | 4.2% | 16.7% |
Sembcorp Indus | 5.02 | 5.64 | 12.3% | 3.0% | 40.3% | 15.3% |
Capitamall Trust | 1.88 | 2.10 | 11.5% | 4.4% | 9.7% | 15.9% |
Genting Singapore | 2.11 | 2.340 | 10.9% | 0.0% | 62.3% | 10.9% |
Keppel Corp Ltd | 10.8 | 11.93 | 10.5% | 3.3% | 40.3% | 13.8% |
Singap Press Hgs | 3.95 | 4.35 | 10.2% | 5.7% | 15.0% | 15.9% |
Olam Internation | 3.07 | 3.38 | 10.0% | 1.3% | 17.3% | 11.3% |
Singtel | 3.08 | 3.36 | 9.2% | 4.6% | 1.6% | 13.8% |
OCBC | 9.8 | 10.68 | 9.0% | 3.2% | 11.3% | 12.2% |
Jardine C&C | 36.84 | 40.00 | 8.6% | 3.2% | 40.3% | 11.8% |
Hongkong Land | 7.03 | 7.61 | 8.2% | 2.2% | 46.5% | 10.4% |
SIA Engineering | 4.37 | 4.72 | 8.0% | 4.5% | 36.8% | 12.5% |
DBS | 14.4 | 15.49 | 7.6% | 3.8% | -3.7% | 11.4% |
Sembcorp Marine | 5.01 | 5.35 | 6.7% | 3.0% | 40.4% | 9.7% |
Golden Agri-Resources | 0.76 | 0.80 | 5.9% | 1.5% | 50.3% | 7.4% |
Starhub Ltd | 2.57 | 2.71 | 5.3% | 7.1% | 30.0% | 12.3% |
NOL | 2.15 | 2.26 | 4.9% | 1.7% | 30.3% | 6.6% |
SMRT Corp Ltd | 2.01 | 1.97 | -2.0% | 4.1% | 9.4% | 2.1% |
City Develops | 12.96 | 12.59 | -2.9% | 0.7% | 13.0% | -2.2% |
As such, can we expect the bull run to continue its charge in the forthcoming year? In the light of the positive economic climate where the GDP forecast for 2011 is 4 to 5%, and coupled with increased liquidity and low interest rate, there is little doubt that history will repeat itself. This brings us to the million dollar question of which stocks to look out for in 2011. Here are some recommendations from renown research firms.
OCBC Research - CapitaLand ($4.54), DBS ($16), Genting Singapore ($2.53), Keppel Corp ( $12.50), Mapletree Logistics Trust ($1), Noble Group ($2.59), Olam ($3.53), Sembcorp Marine ($5.70), Starhub ($3.02), UOB ($19.70).
The Business Times - SIA, Wilmar, Golden Agri-Resources
DBS Vickers Research - SembCorp Marine ($5.48), Keppel Corp ($12.20), Cosco Corp ($2.35), Genting Singapore ($2.70), SIA ($18.50)
UBS Investment Research - Keppel Land ($5.08), Keppel Corp ($11.10), SembCorp Industries ($5.68), OCBC ($11.30), Noble ($2.70), DBS ($16.60).
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