Best High Growth SGX Stocks This Week

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Companies such as MindChamps PreSchool and Bukit Sembawang Estates have a significantly positive future outlook on the basis of their profitability and returns. Investors seeking to enhance their portfolio should consider these financially stable, high-growth stocks. Investment in growth companies can benefit your current holdings, whether it be in established tech giants or undiscovered micro-caps. Here, I’ve put together a few companies the market is particularly optimistic towards.

MindChamps PreSchool Limited (SGX:CNE)

MindChamps PreSchool Limited provides childcare, and education and learning related services for preschool children in Singapore, Australia, the United Arab Emirates, and the Philippines. Formed in 2008, and currently lead by Phu Chiem, the company provides employment to 204 people and with the company’s market cap sitting at SGD SGD195.70M, it falls under the small-cap group.

CNE is expected to deliver a buoyant earnings growth over the next couple of years of 19.58%, bolstered by an equally impressive revenue growth of 82.09%. An affirming signal is when net income increase is supported by top-line growth. Since net income isn’t artificially inflated by one-off initiatives such as cost-cutting, we know this profit growth is more likely to be sustainable. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 15.80%. CNE’s bullish prospects on both the top and bottom lines make it an interesting stock to invest more time to understand how it can add value to your portfolio. Considering CNE as a potential investment? Other fundamental factors you should also consider can be found here.

SGX:CNE Future Profit Apr 30th 18
SGX:CNE Future Profit Apr 30th 18

Bukit Sembawang Estates Limited (SGX:B61)

Bukit Sembawang Estates Limited, an investment holding company, engages in the property development, investment, and other property-related activities primarily in Singapore. The company was established in 1911 and with the company’s market capitalisation at SGD SGD1.59B, we can put it in the small-cap group.

Extreme optimism for B61, as market analysts projected an outstanding earnings growth rate of 64.86% for the stock, supported by an equally strong sales. It appears that B61’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. We see this bottom-line expansion directly benefiting shareholders, with expected positive return on equity of 12.22%. B61’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. A potential addition to your portfolio? Check out its fundamental factors here.