thumbs upCIMB this morning put out its expectations for the upcoming 1Q17 results of companies under its coverage.

Companies that it reckons has the potential to beat its forecast profits are:


1QFY17F profit


Best World


Likely to do well on continued sales momentum in both Taiwan and China.

SIA Engineering*


JV could surprise on the upside if strength in 3Q17 continued (+41%qoq, +10%yoy). We remain hopeful on special dividend.

SembCorp Marine


Ship repair and margin could surprise on the upside 

S’pore Telecom


Driven by higher associate earnings



Expectation for seasonally-weaker quarter while sales for new CE product (wireless lighting) could surprise on the upside.

 *4QFY17F; Sources: CIMB, company reports

CIMB also re-cast its alpha picks:

Big-caps: Frasers Centrepoint, ST Engineering, UOL, First Resources and China Aviation Oil (new).
● Small-caps: Best World, Cityneon, CSE Global, Talkmed, Valuetronics, MM2 (new), Boustead Projects (new), HMI (new).

CIMB has removed Venture Corp, UMS, Sunningdale following the stocks' outperformance.

Best World

Share price: 


Interestingly, one stock whose outperformance has outperform all of them -- Best World -- with a scorching 613% run-up in the last 12 months remains firmly on CIMB's alpha list with a target price of $2.97.

For CIMB's full report, click here.

Share Prices

Counter NameLastChange
AEM Holdings7.220-0.140
Alliance Mineral0.375-
Avi-Tech Electronics0.5100.005
Best World Int.1.790-0.060
China Sunsine1.450-0.020
DISA Limited0.009-
Dutech Holdings0.255-0.015
Federal Int. (2000)0.385-
Food Empire0.670-
Geo Energy0.2250.005
Golden Energy0.3800.005
GSS Energy0.1690.001
Heeton Holdings0.575-
KSH Holdings0.6900.005
Lian Beng Group0.660-0.005
Nordic Group0.580-
Oxley Holdings0.510-0.005
REX International0.051-
Serial System0.166-0.006
Sing Holdings0.425-
Sino Grandness0.196-0.003
Straco Corp.0.7750.015
Sunningdale Tech1.940-0.010
Sunpower Group0.570-0.005
The Trendlines0.126-0.002
Tiong Seng0.390-0.005
Trek 2000 Int.0.260-
Uni-Asia Group1.390-0.010
XMH Holdings0.250-
Yangzijiang Shipbldg1.280-0.020

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