Stock watch list Oct 07

I think it is time to review the stock watch list I have. Keep this list updated and handy, when correction comes, we know what to buy.

Offshore/marine/oil
BH Global - Outlook remains bright
Hiap Seng - Due to fund manager sell down, it is trading at attractive price
Swiber - Management is doing all the good jobs to keep growth momentum
*Tiong Woon - Recent result is fantastic. Management has put in many growth driver.

Properties and hotel
Guthrie GTS - Very often, undervalued play would remain undervalued for a very long time. Patient is required and wait for the catalyst

China
Ching Hongxing - Growth plan on track
MIDAS - Despite one of the promising JV is out, China railway industry outlook remains robust
Sino Env - Poses unique technology. Potential attracting QDII fund
*Hongguo - Slow and steady. I feel this might be the safer counter to own.
*Synear - One of the leader in China food industry. QDII fund might have strong interest
*Sihuan - China pharma play. Analyst projected a strong growth.

Big/Mid Cap
Guoco Land - Good to keep for long term

High risk
Guangzhao IFB - Tree starts keep chopping down start of next year, cash flow would improve

Others
FJ Benjamin - Singapore retail and trourist outlook remain bright

* - New addition