Top 10 penny stocks to watch in Singapore
Penny stocks have long been favoured by traders due to their volatility and the resulting opportunities they present. Take a look at the best penny stocks in Singapore over the past five years and maybe find your next trade.
What are penny stocks?
Penny stocks are traditionally shares that trade for under $5, although in the past, the Securities and Exchange Commission (SEC) considered stocks below $1 to be penny stocks.
Many traders are interested in how to trade penny stocks as their share price can be volatile, creating opportunities in the market to go long or short.
Why is penny stock popular?
Penny stocks are popular to trade because of their volatility. Unlike blue chip stocks, which tend to have stable share prices, penny stocks can swing wildly in value daily and year on year.
The companies themselves are sometimes unprofitable, which makes them an inherently high risk for investors who want to buy penny stocks. But for traders, this instead presents opportunities in the market, as you can go long or short on a stock, depending on which direction you think it will move.
Best penny stocks to watch
The Singaporean penny stocks we’ve chosen are based on their growth over the past five years, or on recent news developments that might affect their share price.
All share price figures are taken from TradingView in September 2024 except where indicated.1 They are correct at the time of writing.
1. Jasper Investments
Jasper Investments Ltd provides transportation services to infrastructure companies in the sectors of reclamation, construction and earthworks. It has two segments: offshore and corporate. The former manages barges and vessels, while the latter deals with investment holdings and management.
It’s headquartered in Singapore and was founded in April 1987.2
Its current share price is S$0,005.2
2. The Place Holdings
The Place Holdings Limited is in the businesses of media and event management, property development, corporate functions, cash and cash equivalents. Its three pillars are cultural tourism, property and integrated media.3
Its current share price is S$0,003.4
3. China Kunda Technology Holdings
China Kunda Technology Holdings Ltd produces moulds, plastic injections parts and in-mould decorating (IMD) products. It also engages in designing and developing furniture and fittings, such as cabinets, appliances, surfaces, woodware and decorative products. The business itself is a holding company for its two segments.
It was founded in 2007 and is headquartered in Singapore.5
Its share price is currently S$0,024.5
4. Hongkong Land Holdings
Hongkong Land Holdings Ltd is a residential property management company that operates in Hong Kong, Chinese Mainland and Southeast Asia. It owns more than 850,000 sqm of prime office space and luxury retail assets in Asian cities like Singapore, Hong Kong, Beijing and Jakarta. It’s headquartered in Bermuda.6
Its current share price is $3,24.4
5. Marco Polo Marine
Marco Polo Marine Ltd operates in marine logistics. Its businesses include ship catering, ship building and repair services. The former handles charter hire and offshore supply vessels, tugboats and barges, while the latter builds ships and maintains, repairs and outfits them.
Marco Polo Marine was founded in 1991 and its headquarters are in Singapore.7
Its current share price is S$0,052.7
6. StarHub
StarHub is a telecommunications business in Singapore and provides mobile, broadband, fixed voice and pay TV services. It has an extensive fibre and wireless infrastructure in Singapore. It also delivers AI, cybersecurity, data analytics, Internet of Things and robotics to government and corporate clients.8
StarHub recently appointed DBS Singapore Group executive and country head Han Kwee Juan as its independent director, which could see the share price grow in the coming months.9
Its current share price is S$1,25.10
7. 9R
9R Ltd operates in the chartering services, supply chain management and lifestyle retail sectors. The supply chain sector provides robot products and dabbles in the health and wellness product industry. The lifestyle retail portion concerns itself with interactive entertainment and food and beverage services.
Its headquarters are in Singapore and it was founded in 1993.11
Its stock price is currently S$0,058.11
8. Nanofilm Technologies International Limited
Nanofilm Technologies International Ltd provides nanotech solutions, focusing on advanced materials, industrial equipment and nanofabrication. These include providing vacuum coating technology, cleaning lines, automation systems, nanoproducts in optimal imaging lens and sensory components for end-products and critical fuel cell systems for the hydrogen energy market.
It’s headquartered in Singapore and its share price is currently S$0,81.12
9. Parkson Retail
Parkson Retail Asia Ltd operates and manages retail stores in Malaysia, Vietnam, Indonesia, Myanmar and Cambodia. Its mission is to be Asia’s leading department store group and has been listed on the Singapore Stock Exchange (SGX) since 2011.13
It’s headquartered in Singapore and was founded in 1987.14
Its current stock price is S$0,074.14
10. Frasers Logistics and Commercial Trust
Frasers Logistics & Industrial Trust is an investment company with a diverse portfolio of real estate used for logistics and industrial purposes. It operates in Australia, Europe and the United Kingdom, but its headquarters are in Singapore. It’s one of the newest companies on our list – it was founded in 2015.15
Its current share price is S$1,17.15
How to trade penny stocks in Singapore with us
- Create an account or log in
- Find a penny stock opportunity
- Click ‘buy’ to go long or ‘sell’ to short via CFDs
- Set your position size
- Take steps to manage your risk
- Open and monitor your position
1Trading View, 2024
2Trading View, 2024
3The Place Holdings, 2024
4Yahoo Finance, 2024
5Trading View, 2024
6HK Land, 2024
7Trading View, 2024
8StarHub, 2024
9Business Times, 2024
10SG Investors, 2024
11Trading View, 2024
12Reuters, 2024
13Parkson, 2024
14Trading View, 2024
15Trading View, 2024
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