Global Undervalued Small Caps With Insider Buying

New Peoples Bankshares

Market Cap: US$98.7m

Operates as a financial holding company for New Peoples Bank, Inc.

East West Banking

Market Cap: ₱28.3b

Operates as a commercial bank that provides a range of financial products and services to individual and corporate clients in the Philippines and internationally.

BWP Trust

Market Cap: AU$2.7b

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.

Amaero

Market Cap: AU$257.3m

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

Paragon Care

Market Cap: AU$322.8m

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

Nufarm

Market Cap: AU$737.6m

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

Vita Life Sciences

Market Cap: AU$142.0m

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

PSC

Market Cap: S$209.9m

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

Hung Hing Printing Group

Market Cap: HK$844.0m

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.

Gamma Communications

Market Cap: UK£827.2m

Provides technology-based communications and software services to small, medium, and large-sized organizations in the United Kingdom, rest of Europe, and internationally.

Kendrion

Market Cap: €252.3m

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

Cloetta

Market Cap: SEK 14.4b

Operates as a confectionery company.

Norcros

Market Cap: UK£322.9m

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

SPAR Group

Market Cap: R17.6b

Engages in the wholesale and distribution of goods and services to grocery stores and other group retail outlets in South Africa and internationally.

Linc

Market Cap: SEK 3.7b

A private equity and venture capital firm, specializing in early and mature stage investments in pharmaceutical, life-science and med-tech companies.

Young's Brewery

Market Cap: UK£466.7m

Engages in the operation and management of pubs and hotels in the United Kingdom.

everplay group

Market Cap: UK£429.4m

Develops and publishes independent video games for digital and physical market in the United Kingdom.

Tokmanni Group Oyj

Market Cap: €492.0m

Operates as a variety discount retailer in Finland, Sweden, and Denmark.

Speedy Hire

Market Cap: UK£119.8m

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

Eastnine

Market Cap: SEK 4.8b

A real estate investment firm.

CellaVision

Market Cap: SEK 3.7b

Develops and sells instruments, software, and reagents for blood and body fluids analysis in Sweden and internationally.

First Northern Community Bancorp

Market Cap: US$228.4m

Operates as the bank holding company for First Northern Bank of Dixon that provides commercial banking products and services to individuals, and small and medium sized businesses.

Sagicor Financial

Market Cap: CA$1.3b

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

Hemisphere Energy

Market Cap: CA$200.0m

Acquires, explores, develops, and produces petroleum and natural gas properties in Canada.

Primaris Real Estate Investment Trust

Market Cap: CA$2.0b

Primaris Real Estate Investment Trust is Canada’s only enclosed shopping centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets.

Bank of the James Financial Group

Market Cap: US$93.5m

Operates as the bank holding company for Bank of the James that provides general retail and commercial banking services to individuals, businesses, associations and organizations, and governmental authorities in Virginia, the United States.

Angel Oak Mortgage REIT

Market Cap: US$223.5m

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.

German American Bancorp

Market Cap: US$1.6b

Operates as a financial holding company for German American Bank that provides retail and commercial banking, and health management services.

First United

Market Cap: US$242.6m

Operates as the bank holding company for First United Bank & Trust that provides various retail and commercial banking services to businesses and individuals in the United States.

Morguard North American Residential Real Estate Investment Trust

Market Cap: CA$970.6m

An unincorporated, open-ended real estate investment trust.

Autosports Group

Market Cap: AU$699.7m

Engages in the motor vehicle retailing business in Australia and New Zealand.

Ho Bee Land

Market Cap: S$1.6b

A real estate company founded in 1987.

oOh!media

Market Cap: AU$600.7m

Engages in the outdoor media, and production and advertising businesses in Australia and New Zealand.

Troax Group

Market Cap: SEK 5.7b

Through its subsidiaries, produces and sells mesh panels in the Nordic region, the United Kingdom, North America, Europe, and internationally.

Europris

Market Cap: NOK 14.2b

Operates as a discount variety retailer in Norway.