One of my personal favourite screens is the 52-week low list. This screen, which is usually performed weekly, will give me a list of companies that are trading at their 12-month low.
Why do I like this screen? As a value investor, I like to search for companies that are trading at good value. The 52-week low could be a good place to start, since these companies might have been ignore by the investment community for various reasons. Some deserve to be.
The first on the list is Sarine Technologies Ltd. (SGX: U77).
Sarine Technologies is an Israel-based company engaged in developing, manufacturing, marketing and selling precision technology products for processing of diamonds and gemstones. Its products provide solutions for every stage of rough diamond manufacturing process.
In the last 12 months, Sarine’s share price has declined by about 15%. Though there are many reasons that might have caused the decline in share price, I think that its first quarter result for 2017 might have been the main culprit. In its result, Sarine reported a growth in revenue of 5%, yet operating profit was down 14% year-on-year due to the higher expense to support growth and new services, and foreign exchange changes.
The next company on the list is Raffles Medical Group Ltd (SGX: BSL)
As a quick introduction, Raffles Medical runs hospital and healthcare services in Singapore. It also has a network of clinics in five countries and thirteen cities. Also, it has 2 hospitals under development in China, which is projected to be completed between 2018 and 2019.
For the latest quarterly results, revenue came in at S$120.1 million, up 1% year-on-year whilst net profit rose 0.5% year-on-year to S$16.8 million. Earnings per share remained unchanged as the same period last year at 0.96 cents. The company also announced an interim dividend of 0.5 cents per share.
The last company on our list is StarHub Ltd (SGX: CC3).
StarHub Ltd is one of the three companies in the telecommunication industry, behind Singapore Telecommunications Limited (SGX: ZY4) and ahead of M1 Ltd (SGX: B2F). It has five business segments, namely, Mobile, Pay TV, Broadband, Fixed Network Services and Handset sales.
Starhub is one of the worst performing companies in the last 12 months with its share price coming down by about 31% during the period. The decline is comparable to that of M1, its smaller peer in the telecom industry.
SOURCE : www.fool.sg
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