Showing 61 items

Powermatic Data Systems Ltd
Overvalued
Information Technology
Oct 2024

Powermatic Data Systems manufactures wireless-connectivity products and owns industrial property in Singapore. It serves global technology and equipment manufacturers with customised Wi-Fi modules, antennas, and embedded connectivity solutions. Its growth strategy focuses on higher-value wireless products, customer diversification, and efficient use of its property assets.


Current Price:
S$2.90
IV Range:

$0.58 - $0.6

Oversea-Chinese Banking Corporation Ltd
Overvalued
Finance
Sep 2024

OCBC provides consumer and commercial banking, wealth management, insurance, and treasury services. It serves individuals and businesses across Singapore, Greater China, and Southeast Asia through an integrated banking and insurance franchise. Its growth strategy focuses on regional wealth flows, digital banking, cross-border corporate services, and deeper group synergies.


Current Price:
S$31.76
IV Range:

$10.76 - $12.55

Tat Seng Packaging Group Ltd
Overvalued
Materials
Aug 2024

Tat Seng Packaging manufactures corrugated-paper packaging products for industrial and consumer-goods customers. It serves businesses in Singapore and China through integrated design, printing, and manufacturing capabilities. Its growth strategy focuses on higher-value packaging, automation, customer diversification, and operating efficiency.


Current Price:
S$0.97
IV Range:

$0.76 - $0.85

Frencken Group Limited
Overvalued
Industrials
Jul 2024

Frencken Group provides integrated manufacturing and engineering services for semiconductor, medical, analytical, automotive, and industrial customers. It serves multinational equipment makers through precision engineering, complex assembly, and a diversified regional production network. Its growth strategy focuses on semiconductor recovery, higher-value programmes, and expansion across selected technology segments.


Current Price:
S$2.62
IV Range:

$0.6 - $0.89

LHT Holdings Limited
Archive
Materials
Jun 2024

LHT Holdings manufactures wooden pallets, crates, and technical wood products while providing pallet-management and recycling services. It serves manufacturers and logistics operators in Singapore and Malaysia through environmentally focused production and patented wood-processing capabilities. Its growth strategy focuses on automation, regional capacity, recycled materials, and higher-value pallet services.


Current Price:
S$0.76
IV Range:

$0.41 - $0.57

Riverstone Holdings Limited
Overvalued
Industrials
May 2024

Riverstone Holdings manufactures cleanroom and healthcare gloves for semiconductor, pharmaceutical, medical, and industrial users. It serves global customers through specialised formulations, stringent quality control, and manufacturing operations in Malaysia. Its growth strategy focuses on cleanroom-glove demand, capacity utilisation, product innovation, and cost efficiency.


Current Price:
S$0.76
IV Range:

$0.28 - $0.33

United Overseas Bank Limited
Overvalued
Finance
Apr 2024

United Overseas Bank provides consumer banking, commercial banking, wealth management, and treasury services. It serves individuals and businesses across Southeast Asia, supported by a broad regional network and a strong Singapore franchise. Its growth strategy focuses on regional customer acquisition, digital banking, cross-border flows, and integration of acquired retail operations.


Current Price:
S$43.08
IV Range:

$23.04 - $27.24

Tiong Woon Corporation Holding Ltd
Fair Valued
Industrials
Updated Dec 2025

Tiong Woon provides heavy-lift, haulage, marine-transportation, and engineering services. It serves infrastructure, petrochemical, construction, and energy customers across Asia with a specialised crane fleet and complex lifting expertise. Its growth strategy focuses on fleet utilisation, higher-value projects, regional expansion, and operational efficiency.


Current Price:
S$0.88
IV Range:

$0.61 - $1.11

Notes:

(ES)

Aztech Global Ltd
Undervalued
Information Technology
Dec 2023

Aztech Global designs and manufactures Internet-of-Things devices, consumer electronics, and communications products. It serves international brand owners through engineering, manufacturing scale, and end-to-end product-development capabilities. Its growth strategy focuses on new customer programmes, smart devices, manufacturing productivity, and revenue diversification.


Current Price:
S$0.52
IV Range:

$0.68 - $1.23

Civmec Limited
Overvalued
Industrials
Oct 2023

Civmec provides heavy engineering, construction, maintenance, and fabrication services for energy, resources, infrastructure, and defence projects. It serves major customers across Australia through integrated facilities, a skilled workforce, and large-project execution capabilities. Its growth strategy focuses on infrastructure and defence opportunities, order-book conversion, and recurring maintenance work.


Current Price:
S$1.54
IV Range:

$0.45 - $0.54

Jiutian Chemical Group Limited
Archive
Materials
Jul 2023

Jiutian Chemical manufactures dimethylformamide, methylamine, and related chemical products. It serves pharmaceutical, electronics, textile, and industrial customers in China through integrated production facilities. Its growth strategy focuses on plant utilisation, cost control, product optimisation, and disciplined capacity management.


Current Price:
S$0.02
IV Range:

$0.43 - $1.92

UMS Integration Limited
Overvalued
Information Technology
Jun 2023

UMS Integration manufactures precision components and provides equipment-module assembly for semiconductor-production systems. It serves global semiconductor-equipment makers through advanced machining, engineering expertise, and long-term customer relationships. Its growth strategy focuses on new customer programmes, capacity expansion, semiconductor recovery, and greater revenue diversification.


Current Price:
S$2.90
IV Range:

$0.28 - $0.27

Great Eastern Holdings Limited
Overvalued
Finance
May 2023

Great Eastern provides life, health, and general insurance alongside related financial-advisory services. It serves individuals and businesses mainly in Singapore and Malaysia through established distribution channels and a long operating history. Its strategic focus is customer retention, digital distribution, health propositions, and sustainable growth in core insurance markets.


Current Price:
S$19.58
IV Range:

$13.13 - $13.99

Lonza Group Ltd
Archive
Health Care
Apr 2023

Lonza supplies contract development, manufacturing, and technology services to pharmaceutical and biotechnology companies. It serves global drug developers through specialised capabilities in biologics, small molecules, cell therapies, and pharmaceutical ingredients. Its growth strategy focuses on high-value manufacturing capacity, complex medicines, operational execution, and long-term customer partnerships.


Current Price:
S$79.97
IV Range:

$S$133.04 - $S$172.84

Sinostar Pec Holdings Ltd
Overvalued
Energy
Updated Apr 2025

Sinostar PEC manufactures and processes petrochemical products, including propylene, polypropylene, and liquefied petroleum gas. It serves industrial customers in China through integrated facilities located near major refining operations. Its growth strategy focuses on product diversification, utilisation rates, cost efficiency, and downstream opportunities.


Current Price:
S$0.10
IV Range:

$0.03 - $0.04

Notes:

Note: Alert! Company Underperforming

Avarga Ltd
Overvalued
Materials
Jan 2023

Avarga operates paper-manufacturing and building-material distribution businesses. It serves packaging customers in Malaysia and construction markets in Canada through established production and distribution assets. Its growth strategy focuses on operating efficiency, disciplined capital allocation, and sustainable cash generation across its core businesses.


Current Price:
S$2.69
IV Range:

$1.66 - $1.92

Venture Corporation Ltd
Archive
Information Technology
Dec 2022

Venture Corporation provides electronics manufacturing, engineering, and technology services for complex products. It serves multinational customers in life sciences, healthcare, instrumentation, communications, and advanced industrial markets through deep engineering capabilities. Its growth strategy focuses on higher-value programmes, new customer wins, research collaboration, and resilient margin quality.


Current Price:
S$16.58
IV Range:

$5.37 - $6.01

Food Empire Holdings Ltd
Overvalued
Consumer Staples
Updated: Nov 2024

Food Empire manufactures and markets instant beverages, snacks, and food ingredients under brands such as MacCoffee. It serves mass-market consumers across Asia, Eastern Europe, Central Asia, and other emerging markets through extensive local distribution. Its growth strategy focuses on capacity expansion, brand investment, new markets, and product diversification.


Current Price:
S$1.90
IV Range:

$0.83 - $1.15

World Precision Machinery Ltd
Archive
Industrials
Oct 2022

World Precision Machinery manufactures stamping machines and related metal-forming equipment. It serves automotive, appliance, electronics, and industrial manufacturers primarily in China and overseas markets. Its growth strategy focuses on higher-specification machines, export sales, automation, and production efficiency.


Current Price:
S$0.11
IV Range:

$1.4 - $1.7

Notes:

Note: Alert! Company Underperforming

ISDN Holdings Ltd
Overvalued
Industrials
Sep 2022

ISDN Holdings provides industrial automation, motion-control, engineering, and clean-energy solutions. It serves manufacturers across Asia through a broad component portfolio, system-integration expertise, and regional distribution. Its growth strategy focuses on smart manufacturing, higher-value engineering, Southeast Asian expansion, and renewable-energy projects.


Current Price:
S$0.63
IV Range:

$0.09 - $0.09

Geo Energy Resources Ltd
Overvalued
Energy
Updated Apr 2025

Geo Energy Resources produces and sells thermal coal from mining operations in Indonesia. It serves regional power-generation and industrial customers through established mines, logistics relationships, and access to Asian markets. Its strategic focus is production growth, resource development, cost control, and diversification into adjacent energy and infrastructure assets.


Current Price:
S$0.60
IV Range:

$0.115 - $0.119

Notes:

(ES)

UG Healthcare Corporation Ltd
Archive
Health Care
Jun 2022

UG Healthcare manufactures disposable examination gloves and distributes ancillary medical products. It serves healthcare, food, industrial, and consumer customers globally through integrated manufacturing and proprietary distribution channels. Its growth strategy focuses on utilisation recovery, differentiated products, distribution expansion, and cost competitiveness.


Current Price:
S$0.08
IV Range:

$0.16 - $0.3

Notes:

Note: Alert! Company Underperforming

Sing Holdings Ltd
Undervalued
Real Estate
Feb 2022

Sing Holdings develops residential, commercial, and industrial properties and operates hospitality assets. It serves homebuyers, tenants, and hotel guests in Singapore and selected overseas markets through disciplined project selection. Its growth strategy focuses on residential project execution, land opportunities, recurring income, and careful capital management.


Current Price:
S$0.40
IV Range:

$2.05 - $3.4

Ban Leong Technologies Ltd
Archive
Information Technology
Updated: Dec 2023

Ban Leong Technologies distributes consumer electronics, computer peripherals, and technology products. It serves retailers, resellers, and consumers across Asia through a broad brand portfolio and established channel relationships. Its growth strategy focuses on new brands, regional distribution, e-commerce, and inventory discipline.


Current Price:
N/A
IV Range:

$0.24 - $0.3

Notes:

Note: Delisted