RHB small cap jewels: AWC, CCM, Dancomech, Guan Chong, Revenue Group

TheStar Thu, May 02, 2019 03:43pm - 4 years View Original


(From left) Azura Azman, Head of Group Wholesale Equities, RHB Investment Bank Berhad; Robert Huray, CEO of RHB Investment Bank Berhad; Aik Cwo Shing, Executive Director of Dancomech Holdings Berhad; Nik Fazila Nik Mohamed, Group MD of Chemical Company of Malaysia Berhad; Loo Tak Kheong, CEO of Revenue Harvest, Revenue Group Berhad; Richard Voon, Group CFO of AWC Berhad; Alexander Chia Hock Lon, Head of Regional Equity Research, RHB Institute Sdn Bhd; Hia Cheng, Group CFO/Executive Director of Guan Chong Berhad at the launch of RHB Small Cap Book, 20 Jewels 2019 Edition.

(From left) Azura Azman, Head of Group Wholesale Equities, RHB Investment Bank Berhad; Robert Huray, CEO of RHB Investment Bank Berhad; Aik Cwo Shing, Executive Director of Dancomech Holdings Berhad; Nik Fazila Nik Mohamed, Group MD of Chemical Company of Malaysia Berhad; Loo Tak Kheong, CEO of Revenue Harvest, Revenue Group Berhad; Richard Voon, Group CFO of AWC Berhad; Alexander Chia Hock Lon, Head of Regional Equity Research, RHB Institute Sdn Bhd; Hia Cheng, Group CFO/Executive Director of Guan Chong Berhad at the launch of RHB Small Cap Book, 20 Jewels 2019 Edition.

KUALA LUMPUR: AWC Bhd, Chemical Company of Malaysia Bhd, Dancomech Holdings Bhd, Guan Chong Bhd and Revenue Group Bhd are the five companies in RHB Investment Bank Bhd's “Top Malaysia Small Cap Companies 20 Jewels 2019” book.

It said on Thursday the 15th edition of the book, with a total market cap of RM10.3bil is part of a larger RHB Regional Small Cap Compendium that annually lists stock investment ideas from the bank’s research teams in Malaysia, Indonesia, Singapore and Thailand. 

It said the latest edition of the book featured companies from nine different industry segments, with the biggest representation from the technology and industrial sectors.

Speaking at the launch of the book, RHB Investment Bank CEO Robert Huray said: “Despite the slower pace of the regional economy, small cap companies offer good prospects. 

“These companies offer excellent potential and are an attractive proposition for both institutional and retail investors, supported by Malaysia’s strong economic fundamentals.” 

RHB Research Institute head of regional equity research, Alexander Chia pointed out the FBMSC Index has outperformed the domestic benchmark index so far in 2019. 

He said the launch of the 15th edition of the book could not have come at a better time as “we are seeing strong demand for alpha-rich small-mid caps stock ideas”. 

Despite the challenging market environment, his team has identified 19 new names (the highest in recent years) this year which he hopes the diverse client base will be able to leverage on.

The largest cap stock, at RM1.705bil,  is Guan Chong while the smallest, with a market cap of RM119mil, is Ideal United Bintang International Bhd. 

About 80% of the jewels listed in the book have a market cap of less than RM1bi. The trailing median price-to-earnings and return on equity of this year’s Jewels is (12.8 times) and (14.4%) respectively.

There are 757 companies listed on Bursa Malaysia that have a market capitalisation of below RM1bil.
   
It said the latest edition of the book featured companies from nine different industry segments, with the biggest representation from the technology and industrial sectors.

Speaking at the launch of the book, RHB Investment Bank CEO Robert Huray said: “Despite the slower pace of the regional economy, small cap companies offer good prospects. 

“These companies offer excellent potential and are an attractive proposition for both institutional and retail investors, supported by Malaysia’s strong economic fundamentals.” 

RHB Research Institute head of regional equity research, Alexander Chia pointed out the FBMSC Index has outperformed the domestic benchmark index so far in 2019. 

He said the launch of the 15th edition of the book could not have come at a better time as “we are seeing strong demand for alpha-rich small-mid caps stock ideas”. 

Despite the challenging market environment, his team has identified 19 new names (the highest in recent years) this year which he hopes the diverse client base will be able to leverage on.

The largest cap stock, at RM1.705bil,  is Guan Chong while the smallest, with a market cap of RM119mil, is Ideal United Bintang International Bhd. 

About 80% of the jewels listed in the book have a market cap of less than RM1bi. The trailing median price-to-earnings and return on equity of this year’s Jewels is (12.8 times) and (14.4%) respectively.

There are 757 companies listed on Bursa Malaysia that have a market capitalisation of below RM1bil.

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2879 0.000
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IDEAL 3.200
REVENUE 0.185

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