IN AN article on 29 March 2013, we presented a selection of our articles on 8 stocks that looked promising to readers who posted in our forum. In addition, these past articles have garnered a high volume of hits. We also took into account analysts' recommendations on these stocks.
Today, three months on, their stock prices have done OK (see table above). The average price gain was 12.0%, far superior to the 4.8% fall of the benchmark Straits Times Index.
Thus, the performance was 16.8 percentage points better! In the 1Q, the readers' selection gained 25.7%, outpacing the 4.4% rise of the Straits Times Index, or an outperformance of 21.3 percentage points.
It's probably got a lot to do with luck too.
Again, considering reader popularity and stock fundamentals, analysts' recommendations, and not forgetting a bit of 'tikam tikam', we re-looked things and present here another selection of stocks (3 new, 5 old) and the articles we have done recently about them. We reckon that luck in not small doses are needed once again!
What are your views? Please post them below.
(Prices are as at end of 2Q2013).
Dukang Distillers' grain alcohol is stored in stainless steel tanks for more than six months and up to several years before they are bottled. Construction of these tanks were completed in 2011. Photo: Company1. Dukang Distillers (47.5 cents):
04 June 2013: DUKANG DISTILLERS stock hits high of 60 cents
17 May 2013: DUKANG: Stellar growth despite market slowdown
2. Roxy-Pacific (60.5 cents)
09 May 2013: ROXY-PACIFIC: $918 m sales to be recognised from 2Q
30 June 2013: ROXY-PACIFIC: Yet-To-Be-Recognised Revenue Swells To $1.118 Billion
26 May 2013: Survey: SINO GRANDNESS Unrivaled In Shenzhen
05 May 2013: SINO GRANDNESS: Aiming to stay No.1 in loquat juice market
4. Lian Beng Group (52 cents):
25 June 2013: LIAN BENG sets record order book
11 June 2013: LIAN BENG GROUP: Riding high into FY2014, a record year?
5. King Wan Corporation (30 cents):
05 June 2013: SIAS ups King Wan's target to 42 cents
27 February 2013: ARA ASSET, KING WAN CORP: What analysts now say
Click on this 44-second video to watch Ukranian singer and composer Svetlana Loboda enjoying Food Empire's 3-in-1 MacCoffee.6. Food Empire (64 cents):
13 June 2013: FOOD EMPIRE: Margin boost from change in business model
25 April 2013: @ FOOD EMPIRE's AGM: Shareholders interested in new markets, new capex
7. Midas Holdings (43.5 cents):
22 May 2013: MIDAS: "Second half should be significantly better"
25 March 2013: DUKANG DISTILLERS, MIDAS: What analysts now say
8. China Minzhong ($1.03):
25 June 2013: CHINA MINZHONG paying dividend?
12 April 2013: Case for privatisation of DUKANG DISTILLERS, CHINA MINZHONG, 7 others
