3 Shares That Beat the Market Today


Although we don’t believe in timing the market or panicking over market movements, we do like to keep an eye on changes – just in case they’re material to our investing thesis.

The Straits Times Index (SGX: ^STI) has ended the day with a 0.1% gain to 3,330 points. 14 of the index’s 30 constituents had managed to make some headway while 10 others had suffered losses.

Let’s head outside the index to look at three market beaters.

Singapura Finance Ltd (SGX: S23) is up 2.0% to S$1.545. The company, which provides financial services to individuals as well as small businesses, had just released its full-year results last Friday.

For the 12 months ended 30 June 2014, Singapura Finance’s net interest and hiring charges (this is akin to the revenue of other types of companies) had grown by 15% to S$19.1 million. Meanwhile, its profit had gained 10.2% to S$5.8 million. The company’s top-line growth had come about partly due to higher loan volume as well as the recovery of interest from non-performing loans.

Lian Beng Group Ltd (SGX: L03) has gained 1.4% to S$0.715. The construction company had revealed its new investments into Australia just last week. Working in concert with Heeton Holdings Limited (SGX: 5DP) in a 70:30 joint venture (Heeton would own 70% of the JV), Lian Beng would be developing a hotel in Fortitude Valley, Brisbane.

In conjunction with the hotel, which is part of a mixed development, Lian Beng would also be building residential properties on the Fortitude Valley site in another joint venture with Marvel Investments Pty Ltd, Heeton, and KSH Holdings Limited (SGX: ER0). The other JV is 9.9% owned by Lian Beng with Marvel taking up 67%; Heeton and KSH owns 18.15% and 4.95% of the JV respectively.

According to the press release for the Fortitude Valley project, the hotel component has some great tailwinds going for it with the city of Brisbane needing “450 extra rooms per year to meet the state government growth target of doubling overnight visitor expenditure.”

Offshore marine and oil & gas outfit Teho International Inc Ltd (SGX: 5OQ) rounds up the trio with a 2.1% increase to S$0.192. Last week, the company had released its full-year results and saw a 40% jump in annual revenue to S$60.4 million. That was accompanied by a 42.5% spike in net profit to S$3.4 million.

Teho’s growth had been driven by its recent acquisitions. For instance, TEHO Water, which was acquired in April 2013 and builds reverse osmosis water systems, had contributed S$4.7 million to Teho’s total revenue increase of S$17.4 million. Elsewhere, property developer TIEC Holdings, which Teho acquired only earlier this year, chipped in with S$5.1 million in revenue – that’s almost one-third of Teho’s growth in revenue.

To keep up to date on the latest financial and stock news, sign up for a FREE subscription to The Motley Fool's weekly investing newsletter, Take Stock SingaporeIt will teach you how you can grow your wealth in the years ahead. Also, like us on Facebook to follow our latest hot articles.

The Motley Fool's purpose is to help the world invest, better.

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