Since the start of 2021, the Straits Times Index (STI) has been one of the best performing indexes in the world, with a gain of 11.3% for the first quarter of the year, or 11.8% if we include the returns from dividends. Many blue-chip companies around the STI have done well in 2021 thus far, especially the three local banks.
However, STI companies are not the only ones that are generating good returns for his or her investors. Some notable companies within the Singapore Exchange (SGX) who are not part of the STI have done well also.
In an SGX Market Updates report published on 12 April 2021, SGX market strategist Geoff Howie highlighted 21 non-STI stocks which have been attracting significant trading activity in 2021.
In this edition of four Stocks This Week, we have a deeper look at 4 of those non-STI stocks that have done well in 2021.
AEM Holdings (SGX: AWX)
AEM Holdings (SGX: AWX) is really a semiconductor company that provides customised system solutions to advanced manufacturers across various industries all over the world, as well as designing and manufacturing precision engineering products used in the electronics, life sciences, instrumentation, and aerospace industries.
In 2021, AEM delivered coming back of about 75% for the year. This strong performance has carried into 2021, where their year-to-date (YTD) return for investors happens to be at 19%.
This is off the back of a strong FY2021 result, where AEM saw its revenue increased by about 60.6% to S$519 million on the year-on-year basis, and its net profit before tax increasing 78.6% to $113.8 million on the year-on-year basis. The company also announced that it will be paying a total dividend of 9.0 cents per share for FY2021, up from 5.1 cents in FY2021.
In terms of trading turnover volume, AEM has the 18 highest trading turnover volumes for that year so far on the SGX.
SPH (SGX: T39)
Singapore Press Holdings (SPH) (SGX: T39) has been having a difficult past few years because it has seen its media business contracting as media trends shift online. In its recent 1H2021 results announcement, revenue for its media business fell 23.9% to $193.1 million. In fact, excluding the JSS grant income, pre-tax loss because of its media business would have been S$9.7 million. However, revenue from its retail and commercial segment rose 4.4% to $154.Six million.
All in all, revenue for SPH fell by 4.2% to $460 million for 1H2021. However, operating profit increased 16.6% to $119.8 million, with net gain attributed to shareholders up 26.1% to $97.9 million for 1H2021. Because the start of 2021, SPH share price has gone up $1.14 to $1.98.
In terms of trading turnover volume, SPH has the 22 highest trading turnover volumes for that year.
Sembcorp Marine (SGX: S51)
Sembcorp Marine (SGX: S51) provides offshore and marine engineering solutions all over the world.