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10 SGX stocks that delivered >80% returns in 2021

SG, Stocks

Written by:

Yen Yee

The Singapore stock market has its fair share of doubters, especially since the STI‘s overall returns in the past 5 years is pretty underwhelming. In comparison, the S&P 500 has returned investors more than 100% over the past 5 years:

While this feels true in comparison to the more volatile US markets, it doesn’t mean that there’re no good stocks listed here. The overall market performance doesn’t accurately reflect the performance of individual stocks.

If your investing strategy allows you to valuate stocks well, you could have bagged >80% growth in 2021 alone. In this article, I share the best SGX listed stocks with the highest returns in the 2021. This list was sourced from SGX’s market update.

This article was first published on 5 Nov 21, updated as of 18 Jan 2022.

This is not investment advice.

10) UMS (SGX:558): +81%

Key valuation information as of 18 Jan 2022:

  • Share price as of writing: S$1.43
  • 52 week high: S$1.57
  • Market Cap: S$953.5M
  • PE Ratio: 19.7x

UMS Holdings engages in manufacturing high precision front-end semiconductor components, perform electromechanical assembly and final testing services. Its key client is Applied Materials.

Given the ongoing semiconductor crunch which has plagued the world since 2021, its little wonder why this stock did well. It had outperformed expectations in its 2021 earning reports and its revenue has grown steadily since 2019.

9) Rex International (SGX:5WH): +109%

Key valuation information as of 18 Jan 2022:

  • Share price as of writing: S$0.34
  • 52 week high: S$0.37
  • Market Cap: S$449.3M
  • PE Ratio 10.7x

Rex International Holding engages in oil and gas exploration and production.  It is involved in offshore oil and gas exploration, with production in assets located in Oman and Norway.

As momentum in the markets shift towards traditional sectors, Rex International may stand to gain in the short term, low interest rates environment.

8) SPH (SGX:T39): +112%

Key valuation information as of 18 Jan 2022:

  • Share price as of writing: S$2.33
  • 52 week high: S$2.38
  • Market Cap: S$3.78B
  • PE Ratio 19.5x

Singapore Press Holdings need little introduction. After the PR drama and the move to trim its media operations, SPH started to look attractive on the books with Keppel and Cuscaden Peak vying for a privatisation offer.

This was probably the main catalyst for SPH’s surge in late 2021. As of 9th Dec 2021, Keppel shareholders have voted in favor of the proposal to acquire SPH. As of 22 Dec 21, SPH is in the midst of preparing documents for subsequent scheme meetings.

I think the excitement provided is on par with the stock returns. To learn about the various deals, read these:

7) Totm Tech (SGX:42F): +114%

Key valuation information as of 18 Jan 2022:

  • Share price as of writing: S$0.19
  • 52 week high: S$0.40
  • Market Cap: S$166.5M

Totm Technologies Ltd provides integrated communication solutions and services. It is involved in planning, designing and building of mobile network infrastructure and turn-key telecommunication systems.

It has expanded into Biometric based identity management solutions in recent years and offers facial, iris and fingerprint recognition solutions today.

It was formerly known as Yinda Infocomm Limited and has been acquiring businesses which investors seem to like.

6) Geo Energy Res (SGX:RE4): +118%

Key valuation information as of 18 Jan 2022:

  • Share price as of writing: S$0.33
  • 52 week high: S$0.43
  • Market Cap: S$464.9M
  • P/E ratio: 3.5x

Geo Energy Resources Ltd is a Coal Mining company that owns and operates their own coal minds. They are also involved in trading of coal for third party mine owners.

The company conducts share buy backs quite regularly. You may be surprised to find out that their revenue has been increasing steadily since 2019, even though coal mining may be thought of as a ‘sunset industry’.

5) Propnex (SGX:OYY): +131%

Key valuation information as of 18 Jan 2022:

  • Share price as of writing: S$1.63
  • 52 week high: S$2.21
  • Market Cap: S$606.8M
  • P/E ratio: 11.3x

PropNex Ltd engages in the provision of real estate services. It had performed pretty well in the property bull market of 2021 and also did well throughout the Covid pandemic despite the lockdowns.

To learn more about Propnex, read this Propnex (SGX:OYY) riding on the latest Property Bull Market.

4) The Place Holdings (SGX:E27): 142% return

Key valuation information as of 18 Jan 2022:

  • Share price as of writing: S$0.06
  • 52 week high: S$0.18
  • Market Cap: S$335.2M
  • P/E ratio: 301.3x

The Place Holdings Ltd. engages in the investment, development, and management of media, integrated tourism, and tourism-related businesses. It has also holds Singapore and China properties.

3) CFM (SGX:5EB): 162% return

Key valuation information as of 18 Jan 2022:

  • Share price as of writing: S$0.09
  • 52 week high: S$0.38
  • Market Cap: S$18.7M
  • P/E ratio: 44x

CFM Holdings Ltd provides the metal stamping services, designing, fabrication, and the sale of tool-and-die used for the manufacture of stamped metal components.

Its share price shot up in Jun by 129% after they announce that they were acquiring a 51% stake in SING-SWEMM Biotechnology which distributes and sell pharmaceutical products like viral test kits.

2) IFAST (SGX:AIY): +182%

Key valuation information as of 18 Jan 2022:

  • Share price as of writing: S$7.63
  • 52 week high: S$10.10
  • Market Cap: S$2.26B
  • P/E ratio:73.8x

iFast has been one of the darlings of the SGX market and has been growing rapidly especially since 2020. We explored some of the factors for its rapid growth here.

It engages in the development of software, marketing of unit trusts, exchange traded funds, listed stocks, debt securities and Singapore government securities through websites, and acting as an investment advisor, dealer, and custodian in respect to the above securities.

In November 2021, iFast announced its desire to enter the Europe markets and they have taken the first step with their acquisition of BFC Bank, a digital bank in the UK.

1) RH PetroGas (SGX:T13): +552%

Key valuation information as of 18 Jan 2022:

  • Share price as of writing: S$0.20
  • 52 week high: S$0.21
  • Market Cap: S$158.7M
  • P/E ratio: 10.5x

RH Petrogas Ltd engages in the exploration and production of oil and gas. Its assets include basin, island, and SK331 production sharing contracts in Malaysia and Indonesia.

Its share price shot up in May, possible due to the consideration of capitalising its loans into ordinary shares, RH PetroGas released an official proposal on 6 Oct 21. It would see the company selling 90M new shares at S$0.172 per share to Surreyville Pte Ltd, in order to redeem their loan of S$15.48M. The spike could be an effect of shareholders jumping in below the share conversion rate of S$0.172 .

The proposal was successfully passed by its shareholders as of 7 Dec 2021.

Conclusion

Don’t be so quick to write off SGX stocks, there are winners if we bother to dig for them. And always do your own research before investing!

If you’re looking for ways to research on stocks, join our free webinars to learn from investors who are growing their own money in the markets.

P.S. This is not investment advice.

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