Quantamental Investing to beat Benchmarks

A. Stotz Investment Research

We pick stocks. We construct portfolios. All our effort is focused on how to better pick stocks and construct portfolios. We serve fund management companies, family offices, and high net worth individuals.

CEO, A. Stotz Investment Research

Dr. Andrew Stotz, CFA

Equity Bottom-Up

<ul>
<li>Low price-to-sales, good price momentum, and more attractive to analysts relative to its sector</li>
<li>To add 6bn pieces p.a., a 25% capacity increase, by the end of 2019 supported by a 10% CAGR in Malaysian glove exports in the past 14 years</li>
<li>Contact lenses business should become an important profit contributor as peer gross margins ranging around 60%, management expects segment to take at least two more years to turn profitable</li>
<li>Trades below ASEAN Health Care and offers better earnings growth</li>
<li>Risks: Production line breakdowns, increase in raw materials price, unexpected impact from Thai Kim Sim’s jail sentence for insider trading case in APL Industries in 2007 and resignation of chairperson Rafidah Aziz</li>
</ul><p><em>* Consensus Estimates</em></p>


Low price-to-sales, good price momentum, and more attractive to analysts relative to its sector
To add 6bn pieces p.a., a 25% capacity increase, by the end of 2019 supported by a 10% CAGR in Malaysian glove exports in the past 14 years
Contact lenses business should become an important profit contributor as peer gross margins ranging around 60%, management expects segment to take at least two more years to turn profitable
Trades below ASEAN Health Care and offers better earnings growth
Risks: Production line breakdowns, increase in raw materials price, unexpected impact from Thai Kim Sim’s jail sentence for insider trading case in APL Industries in 2007 and resignation of chairperson Rafidah Aziz
* Consensus Estimates

SUCB (SUCB MK): Expanding in Rubber Gloves and Contact Lenses

Supermax Corp

SUCB (SUCB MK): Expanding in Rubber Gloves and Contact Lenses