Global Undervalued Small Caps With Insider Buying

BWP Trust

Market Cap: AU$2.9b

Established and listed on the Australian Securities Exchange (‘ASX’) in 1998, BWP Trust (‘BWP’ or ‘the Trust’) is a real estate investment trust investing in and managing commercial properties throughout Australia.

Dicker Data

Market Cap: AU$1.8b

Engages in the wholesale distribution of computer hardware, software, and related products for corporate and commercial markets in Australia and New Zealand.

Chinasoft International

Market Cap: HK$12.6b

Engages in development and provision of information technology (IT) solutions, IT outsourcing, and training services in the People’s Republic of China, the United States, Malaysia, Japan, Singapore, India, and Saudi Arabia.

Amaero

Market Cap: AU$242.9m

Manufactures and sells refractory, specialty alloys, and powders for additive manufacturing of mission-critical components in the United States.

Hung Hing Printing Group

Market Cap: HK$835.0m

An investment holding company, engages in book and package printing, consumer product packaging, corrugated box, and paper trading businesses in the People’s Republic of China, the United States, Hong Kong, the United Kingdom, and internationally.

PSC

Market Cap: S$209.9m

Supplies provisions and household consumer products in Singapore, Malaysia, China, and internationally.

Senior

Market Cap: UK£787.9m

Designs, manufactures, and sells high-technology components and systems for the original equipment manufacturers in the aerospace, defense, land vehicle, and power and energy markets in North America, the United Kingdom, South Africa, India, China, and internationally.

Eurocell

Market Cap: UK£128.8m

Engages in manufacture, distribution, and recycling of windows, doors, and roofline polyvinyl chloride (PVC) building products in the United Kingdom and the Republic of Ireland.

CVS Group

Market Cap: UK£892.9m

Engages in veterinary, online pharmacy, and retail businesses in the United Kingdom and Australia.

Norcros

Market Cap: UK£273.6m

Designs and supplies bathroom and kitchen products in the United Kingdom, Ireland, and South Africa.

Eastnine

Market Cap: SEK 4.8b

A real estate investment firm.

Centurion

Market Cap: S$1.1b

Owns, develops, and manages workers and student accommodation assets in Singapore, Malaysia, Australia, the United Kingdom, and internationally.

A.G. BARR

Market Cap: UK£718.8m

Manufactures, distributes, and sells soft drinks and cocktail solutions in the United Kingdom and internationally.

Security Bank

Market Cap: ₱50.4b

Provides banking and financial products and services to wholesale and retail clients in the Philippines.

Paragon Care

Market Cap: AU$339.3m

Distributes medical equipment, devices, and consumable products in Australia, New Zealand, and Asia.

Vita Life Sciences

Market Cap: AU$139.3m

A healthcare company, engages in formulating, packaging, distributing, and selling vitamins and supplements in Australia, Singapore, Malaysia, Thailand, Vietnam, Indonesia, and China.

Nickel Asia

Market Cap: ₱48.2b

Engages in the mining and exploration of nickel saprolite, limonite ore, limestone, and quarry materials in the Philippines.

Nufarm

Market Cap: AU$844.6m

Develops, manufactures, and sells crop protection solutions and seed technologies in Europe, the Middle East, Africa, North America, and the Asia Pacific.

Betr Entertainment

Market Cap: AU$197.7m

Provides sports and racing betting products and services to online and telephone clients, via its innovative online wagering platform, and mobile applications in Australia and North America.

Speedy Hire

Market Cap: UK£113.8m

Provides tools and equipment hire and services to the construction, infrastructure, and industrial markets in the United Kingdom and Ireland.

Wolverine World Wide

Market Cap: US$1.5b

Designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories in the United States, Europe, the Middle East, Africa, the Asia Pacific, Canada and Latin America.

Farmland Partners

Market Cap: US$437.0m

An internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to third-party farmers (both tenant and non-tenant) and landowners secured by farm real estate and/or other agricultural related assets.

Merchants Bancorp

Market Cap: US$1.6b

Operates as the diversified bank holding company in the United States.

S&T Bancorp

Market Cap: US$1.6b

Operates as the bank holding company for S&T Bank that provides retail and commercial banking products and services to consumer, commercial, and small business in Pennsylvania and Ohio.

Omega Flex

Market Cap: US$284.3m

Manufactures and sells flexible metal hoses, fittings, and accessories in the United States, Canada, and internationally.

Morguard North American Residential Real Estate Investment Trust

Market Cap: CA$910.0m

The REIT is an unincorporated, open-ended real estate investment trust established under and governed by the laws of the Province of Ontario.

Angel Oak Mortgage REIT

Market Cap: US$217.0m

A real estate finance company, focuses on acquiring and investing in first lien non- qualified mortgage loans and other mortgage-related assets in the United States mortgage market.

Sagicor Financial

Market Cap: CA$1.3b

Provides various financial services in the Caribbean, Canada, and the United States.

Kendrion

Market Cap: €216.9m

Develops, manufactures, and sells actuators and control systems in the Netherlands, Germany, the rest of Europe, the Americas, Asia, and internationally.

Metropolitan Bank Holding

Market Cap: US$831.9m

Operates as the bank holding company for Metropolitan Commercial Bank that provides a range of business, commercial, and retail banking products and services.

Peoples Bancorp

Market Cap: US$1.1b

Operates as the financial holding company for Peoples Bank that provides commercial and consumer banking products and services.

Citizens & Northern

Market Cap: US$374.0m

Operates as the bank holding company for Citizens & Northern Bank that provides various banking and related services to individual and corporate customers.

Russel Metals

Market Cap: CA$2.4b

Engages in the distribution of steel and other metal products in Canada and the United States.

Gooch & Housego

Market Cap: UK£163.2m

Engages in the manufacture and sale of acousto-optics, electro-optics, fiber optics, and precision optics and systems in the United Kingdom, North America, Europe, the Asia Pacific, and internationally.

Stock Yards Bancorp

Market Cap: US$2.0b

Operates as a holding company for Stock Yards Bank & Trust Company that provides various financial services for individuals, corporations, and others in the United States.

Union Bankshares

Market Cap: US$108.9m

Operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking products and services in the United States.