Hi all, just highlighting some laggards

Hi everyone, long time no see, been too busy to really post anything.

Anyway, I am sure all of you are prospering given the bull markets this year.

I published a list of laggards to my yahoo group last week and would like to update it here as well, I don't have time to analyse each one in detail but they do look cheap relative to most of the other stocks which have run up a lot.

here it is:

anyway, market does look a bit frothy but it doesn't look like the party is going to end anytime yet with US making new highs on Friday again.the danger sign is that we are seeing many "junk" stocks hogging the top volumes on hopes of reverse takeovers or simply churning and rotational play by speculators given their big percentage gains.I believe the daily trading volumes for these stocks will continue to grow until this "bubble" finally bursts and many many people will suffer again.

When this will happen, I won't know, but my guess isthat we will see some sort of correction after the corporate reporting season is more or less over by May and early June where things will be more quiet.

Anyway, I have compiled a list of laggards I have identified - haven't had a chance to analyse them carefully yet - but they do look cheap.

Please note that I do not have a vested interest in these shares, hopefully will have time to analyse them on my blog individually:

Advanced Holdings - turnaround story, order book starting to build up and bottom-line should start to improve from here.

Asia Water - looks cheap among the water stocks given how Epure and Asia Env have rallied.

Bright World - good dividend yield, low P/E, bottomline still growing.

CH Offshore - a laggard in the offshore oil & gas sector, low P/E, possibility of special dividends given divestment gains.

CNA - another laggard like Asia Water among water stocks

DMX - looking cheap but quite frustrating stock, needs to deliver >30+% bottomline growth otherwise it will continue to lag Datacraft

Fung Choi - forgotten stock but looking good again, profit growth appears to have resumed after blip last year, low P/E

GMG - rubber plantation play, cheap valuations, given how tyre makers and counters like medi-flex have suffered from high rubber prices, GMG should be doing very well, low P/E

Hongwei - a laggard among textile stocks, has moved somewhat after recent share placement but still cheap compared to CG Tech.

Huan Hsin - a cheap plastic stock, amtek has started to run but not this one, decent dividend yield, trading way below NTA even though bottomline still growing.

K1 Venture - proxy to oil & gas play, hardly move at all despite recent rally in oil&gas plays due to Iran situation.

Karin Technologies - low P/E and good dividend yield, similar to SPWindsor

LMA - laggard, appears to have bottomed out, risky biz though - always getting into lawsuits :P

Midsouth - ran up after the UOB report but has retraced most of its gains, low P/E and relatively strong growth.

Sarin - turnaround story like Advanced Holdings

Sinwa - offshore oil&gas play, getting into rig biz, still low valuations relative to other oil&gas plays, although it has rallied somewhat in recent days.

Sp Windsor - low P/E, very decent dividend yield, but has rallied somewhat in recent days due to roadshow.

Techcomp - low P/E

Teckwah - low P/E and decent dividend

Westech - low P/E and decent dividend

Yaan Security - increased security requirements will boost biz, low P/E

For all these stocks, do take note of liquidity concerns too, some arevery illiquid so it might be hard to get out if volume dries up.