Singapore’s Outstanding Midcaps This Year

StockMarketBoardSingapore’s Straits Times Index (SGX: ^STI) might be treading water since the start of 2013 but the same can’t be said of some of the country’s midcap.

Shares in LionGold Corp (SGX: A78) have jumped from S$1.09 to S$1.55 to register a 41% increase since the start of the year. The company is Southeast Asia’s largest gold company with operations in countries that include Australia, Ghana and Bolivia. LionGold was formerly known as The Think Environmental Company but changed its name two years ago to reflect its new focus on gold production.

Super Group (SGX: S10) is one of Singapore’s outstanding success stories. From a modest instant-coffee packaging operation in the 1980s, the company has grown into S$2-billion food processor. Shares in the company have risen 34% this year from a dividend-adjusted S$3.19 to $4.27. Net income in 2013 was S$102m, which would value the company at 20 times historic earnings.

Considerably cheaper but nonetheless equally outstanding in terms of its performance this year is Ezion Holdings (SGX: 5ME). Shares in the offshore marine company have climbed from S$1.69 to S2.23 to record a 32% improvement since the start of the year. On an annualised basis, that would equate to around 44%.

Singapore’s third-largest telecom services company M1 (SGX: B2F), in line with its peers SingTel and StarHub, has rewarded shareholders amply this year. Shares in the company have risen 21% from S$2.71 to $3.29. But thanks to a generous dividend kicker, the total return is an attractive 27%. M1 is one of Singapore’s most efficient companies in terms of turning shareholder dollars into profits. At 42%, its Return on Equity is four times higher than the market average.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore Director David Kuo doesn’t own shares in any companies mentioned.