Philippine Stock Market Research

December 19, 2016

The Best Small Cap Stocks in Our Coverage

We cover ten third-liners or small cap stocks in 2016.  These are deemed to be fundamentally sound value stocks with favorable upside.  2016 is nearing to an end, and we evaluated each of them for continuation or deletion from the coverage.

The best third-liner gave a whopping 123% return for its shareholders from the start of the year.  This third-liner stock traded below par value and has focused on upgrading its facilities and systems instead of expanding which it did in the past years.

Following this is another third-liner with a huge 92% return for its shareholders from the start of the year.  This third-liner resumed normal operations from 2015, has garnered a new ancillary business and is expanding regionally after being one of two major players in its sector.

At the end of the evaluation, six third-liner stocks remain in the coverage with four dropping out.  Three of the four will be affected by rising interest rates, and one may lose its main source of income from an upcoming end of contract with its main client.

Third-liners are still good components to one’s investment portfolio as long as they have the qualities and value to provide favorable returns.  We will continue to hunt for suitable third-liners for our coverage.


This report is solely for information. It should not be constituted as an offer for solicitation for the purchase or sale of securities mentioned. The information herein has been obtained from sources believed to be reliable. Whilst every effort has been made to ensure accuracy, we do not guarantee the accuracy or completeness of the report. All opinions and estimates expressed herein constitute our judgment as of this date made on a reasonable basis and are subject to change without notice. No liability can be expected for any loss arising from the use of this report or its contents. As this is general information, it does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may obtain this report.  Pictures in this report cannot be copied or redistributed and are owned by Corpecon Research.