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Small-Cap


Deluge IPO Explained: How Singapore's Largest Fire Protection Contractor Makes Money

Deluge IPO Explained: How Singapore's Largest Fire Protection Contractor Makes Money

Deluge Corporation lists on the SGX Mainboard at S$0.60. Here is what it sells, how its three segments earn, and what a small public offer means for your application.

Oct 15, 2026

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10 min read

Pan-United (SGX: P52) Put Through the VCBM Wringer: Worth a Small-Cap Allocation?

Pan-United (SGX: P52) Put Through the VCBM Wringer: Worth a Small-Cap Allocation?

Singapore's largest ready-mix concrete supplier posted a 49% jump in 1H26 profit. I score it on Value, Catalyst, Business Quality and Management.

Oct 8, 2026

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8 min read

Micro-Mechanics (5DD) Under the VCBM Lens: Is This Semiconductor Small-Cap Still Worth a Look?

Micro-Mechanics (5DD) Under the VCBM Lens: Is This Semiconductor Small-Cap Still Worth a Look?

A VCBM read on the SGX semiconductor tooling maker's record FY2026, its S$150 million roadmap, and whether the stock still looks cheap after a 64% rally.

Sep 24, 2026

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8 min read

Marco Polo Marine (SGX: 5LY): A VCBM Small-Cap Case, Value by Value

Marco Polo Marine (SGX: 5LY): A VCBM Small-Cap Case, Value by Value

Using the V.C.B.M framework to check whether the SGX small-cap's record orderbook and offshore wind pivot justify the current price, or just look cheap on paper.

Sep 11, 2026

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8 min read

7 Things to Know About EGP IPO

7 Things to Know About EGP IPO

A closer look at EGP Energy Corporation’s business, financials, S$239 million order book, valuation and biggest risk.

Jul 30, 2026

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5 min read

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