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Tuesday, March 29, 2011

Creative Technology - Sell call by Lim & Tan due to declining revenue & profit.

Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method

01/27/11 Lim & Tan Creative Tech 4.03 0 Sell Declining revenue, profit & NAV

Cosco - CIMB was panicky about this ship builder.

Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method

02/16/11 CIMB Cosco 2.09 2.63 Outperform PER18x
02/23/11 CIMB Cosco 2.02 2.85 Outperform PER18x
03/01/11 CIMB Cosco 1.96 2.85 Outperform PER18x
03/02/11 CIMB Cosco 2.04 2.85 Outperform PER18x
03/10/11 CIMB Cosco 2 2.85 Outperform PER18x
03/16/11 CIMB Cosco 1.84 1.74 Trading Sell PER11x
03/28/11 CIMB Cosco 2.01 2.38 Neutral PER15x

01/19/11 DBS Vickers Cosco 2.33 3.03 Buy Sum of parts (PB5x & PER)
02/22/11 DBS Vickers Cosco 2.11 3.03 Buy
02/23/11 DBS Vickers Cosco 2.02 3.16 Buy Sum of parts
03/10/11 DBS Vickers Cosco 2 3.16 Buy Sum of parts
03/16/11 DBS Vickers Cosco 1.84 3.16 Buy Sum of parts
03/21/11 DBS Vickers Cosco 1.81 3.16 Buy
03/28/11 DBS Vickers Cosco 2.01 3.16 Buy Sum of parts

02/16/11 Kim Eng Cosco 2.09 2.43 Buy
02/23/11 Kim Eng Cosco 2.02 2.43 Buy PB4.8x
03/28/11 Kim Eng Cosco 2.01 2.43 Buy

01/13/11 Lim & Tan Cosco 2.01 0 Buy
03/28/11 Lim & Tan Cosco 2.01 0 Buy

01/21/11 phillip Cosco 2.33 2.68 Buy PB3.8x & PER20x
02/23/11 phillip Cosco 2.02 2.68 Buy PER20x

03/01/11 UOB Kay Hian Cosco 1.96 2.3 Buy
03/28/11 UOB Kay Hian Cosco 2.01 2.5 Buy

ConscienceFood - Downgraded heavily by DBS Vickers.

Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method

12/09/10 DBS Vickers ConscienceFood 0.225 0.38 Buy PER7x
01/19/11 DBS Vickers ConscienceFood 0.315 0.39 Buy PER7x
02/22/11 DBS Vickers ConscienceFood 0.27 0.39 Buy
02/28/11 DBS Vickers ConscienceFood 0.255 0.26 Hold PER7x

01/28/11 DMG & Partners ConscienceFood 0.285 0.39 Buy PER7x
01/31/11 DMG & Partners ConscienceFood 0.285 0.39 Buy PER7x
03/02/11 DMG & Partners ConscienceFood 0.245 0.39 Buy PER7x

Monday, March 28, 2011

Baltic Dry Index (BDI) - 1585

Quote:

The index rose by 0.13 per cent or two points to 1,585 points on Friday.

End Quote.

Comfortdelgro - Buy calls from all analysts.

Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method

04/21/10 AmFraser Comfortdelgro 1.59 1.9 Buy
05/18/10 AmFraser Comfortdelgro 1.5 1.89 Buy
08/16/10 AmFraser Comfortdelgro 1.57 1.89 Buy

01/10/11 BNP Paribas Comfortdelgro 1.59 1.98 Buy

04/21/10 CIMB Comfortdelgro 1.59 1.73 Underperform DCF
05/17/10 CIMB Comfortdelgro 1.49 1.73 Underperform DCF (10% discount)
05/18/10 CIMB Comfortdelgro 1.49 1.73 Underperform
08/16/10 CIMB Comfortdelgro 1.55 1.83 Outperform DCF
10/01/10 CIMB Comfortdelgro 1.52 1.9 Outperform DCF
11/15/10 CIMB Comfortdelgro 1.46 1.9 Outperform DCF
01/14/11 CIMB Comfortdelgro 1.63 1.9 Outperform DCF
02/15/11 CIMB Comfortdelgro 1.56 1.87 Outperform DCF

02/11/11 Credit Suisse Comfortdelgro 1.56 1.9 Outperform

05/17/10 DBS Vickers Comfortdelgro 1.49 1.64 Hold DCF, PER15x
08/17/10 DBS Vickers Comfortdelgro 1.55 1.65 Hold
11/15/10 DBS Vickers Comfortdelgro 1.46 1.79 Buy DCF & PER15x
02/22/11 DBS Vickers Comfortdelgro 1.55 1.95 Buy
03/11/11 DBS Vickers Comfortdelgro 1.55 1.86 Buy DCF & PER

04/01/10 DMG & Partners Comfortdelgro 1.57 1.78 Buy
05/03/10 DMG & Partners Comfortdelgro 1.57 1.78 Buy PER13x
05/14/10 DMG & Partners Comfortdelgro 1.49 1.78 Buy DCF
05/17/10 DMG & Partners Comfortdelgro 1.49 1.78 Buy DCF
06/01/10 DMG & Partners Comfortdelgro 1.45 1.78 Buy
06/21/10 DMG & Partners Comfortdelgro 1.45 1.78 Buy
08/02/10 DMG & Partners Comfortdelgro 1.6 1.78 Buy
08/16/10 DMG & Partners Comfortdelgro 1.55 1.78 Buy DCF
08/17/10 DMG & Partners Comfortdelgro 1.55 1.78 Buy
09/03/10 DMG & Partners Comfortdelgro 1.53 1.78 Buy
10/21/10 DMG & Partners Comfortdelgro 1.49 1.74 Buy
10/22/10 DMG & Partners Comfortdelgro 1.5 1.74 Buy
11/15/10 DMG & Partners Comfortdelgro 1.46 1.85 Buy DCF
01/05/11 DMG & Partners Comfortdelgro 1.54 1.85 Buy
01/12/11 DMG & Partners Comfortdelgro 1.62 1.85 Buy
01/13/11 DMG & Partners Comfortdelgro 1.63 1.85 Buy
01/18/11 DMG & Partners Comfortdelgro 1.63 1.85 Buy PER14x
01/19/11 DMG & Partners Comfortdelgro 1.63 1.85 Buy
01/25/11 DMG & Partners Comfortdelgro 1.62 1.87 Buy DCF
02/15/11 DMG & Partners Comfortdelgro 1.56 1.8 Buy DCF
02/25/11 DMG & Partners Comfortdelgro 1.52 1.8 Buy
03/09/11 DMG & Partners Comfortdelgro 1.54 1.8 Buy

01/25/11 JP Morgan Comfortdelgro 1.62 2 Overweight

04/21/10 Kim Eng Comfortdelgro 1.59 1.72 Hold
05/17/10 Kim Eng Comfortdelgro 1.49 1.87 Buy PER17x
07/19/10 Kim Eng Comfortdelgro 1.51 1.87 Buy PER17x
08/16/10 Kim Eng Comfortdelgro 1.55 1.87 Buy PER17x
11/15/10 Kim Eng Comfortdelgro 1.46 1.87 Buy PER17x
12/17/10 Kim Eng Comfortdelgro 1.55 2.08 Buy PER17x
01/25/11 Kim Eng Comfortdelgro 1.62 2.08 Buy
02/15/11 Kim Eng Comfortdelgro 1.56 1.95 Buy PER17x

12/10/10 Macquarie Comfortdelgro 1.54 2 Outperform

05/17/10 phillip Comfortdelgro 1.49 1.73 Buy DCF
06/04/10 phillip Comfortdelgro 1.41 1.73 Buy
08/12/10 phillip Comfortdelgro 1.58 1.73 Hold
08/16/10 phillip Comfortdelgro 1.55 1.75 Buy
11/15/10 phillip Comfortdelgro 1.46 1.75 Buy
02/15/11 phillip Comfortdelgro 1.56 1.81 Buy PER17.3x
03/24/11 phillip Comfortdelgro 1.51 2.01 Buy DCF & PER17x

Combine Will - Buy call from Phillip.

Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method

02/22/11 phillip Combine Will 0.315 0.5 Buy PER8.76x

CitySpring - Hold call by DBS Vickers.

Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method

02/15/11 DBS Vickers CitySpring 0.57 0.58 Hold DDM

Sunday, March 27, 2011

City Developments - Downgraded by OCBC.

Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method

02/25/11 CIMB City Developments 10.92 11.58 Underperform RNAV (10% discount)

02/25/11 Credit Suisse City Developments 10.92 15.6 Outperform
02/25/11 Credit Suisse City Developments 10.92 15.6 Outperform RNAV

03/16/11 DBS Vickers City Developments 10.92 11.89 Hold

01/12/11 DMG & Partners City Developments 12.66 11.07 Neutral RNAV
02/24/11 DMG & Partners City Developments 10.7 11.07 Neutral
03/01/11 DMG & Partners City Developments 11.3 11.07 Neutral RNAV

02/25/11 HSBC City Developments 10.92 11.64 Neutral

02/09/11 Kim Eng City Developments 11.2 14.2 Buy RNAV (10% premium)
02/25/11 Kim Eng City Developments 10.92 14.6 Buy
02/25/11 Kim Eng City Developments 10.92 14.6 Buy RNAV (10% premium)
03/10/11 Kim Eng City Developments 11.24 14.6 Buy RNAV (10% premium)

02/24/11 Lim & Tan City Developments 10.7 0 Buy

02/09/11 OCBC City Developments 11.2 12.35 Under Review
02/24/11 OCBC City Developments 10.7 12.35 Hold RNAV
02/24/11 OCBC City Developments 10.7 12.35 Under Review RNAV
02/25/11 OCBC City Developments 10.92 11.89 Hold RNAV
03/23/11 OCBC City Developments 10.84 10.72 Hold RNAV (10% discount)

China XLX Fertiliser - Only CLSA liked this S-Chip.

Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method

01/07/11 CIMB China XLX Fertiliser 0.61 0.45 Underperform PER7x
01/28/11 CIMB China XLX Fertiliser 0.52 0.45 Underperform PER7x
02/28/11 CIMB China XLX Fertiliser 0.425 0.39 Underperform PER7x

02/17/11 CLSA China XLX Fertiliser 0.5 0.63 Buy
02/21/11 CLSA China XLX Fertiliser 0.48 0.63 Buy

02/17/11 DBS Vickers China XLX Fertiliser 0.5 0.42 Fully Valued PER13x
02/28/11 DBS Vickers China XLX Fertiliser 0.425 0.42 Fully Valued PER13x

China Sunsine - Phillip reiterated its buy call for this S-Chip.

Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method

01/21/11 phillip China Sunsine 0.315 0.36 Buy
03/03/11 phillip China Sunsine 0.27 0.36 Buy PER7.5x

Saturday, March 26, 2011

China Minzhong - Lim & Tan downgraded this S-Chip.

Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method

02/15/11 CIMB China Minzhong 1.51 1.85 Outperform PER7x

03/25/11 DBS Vickers China Minzhong 1.56 1.8 Buy

02/07/11 DMG & Partners China Minzhong 1.54 1.78 Buy
02/09/11 DMG & Partners China Minzhong 1.55 1.78 Buy
02/15/11 DMG & Partners China Minzhong 1.51 1.78 Buy PER9x
02/16/11 DMG & Partners China Minzhong 1.51 2.08 Buy PER9x
02/28/11 DMG & Partners China Minzhong 1.74 2.08 Buy
03/25/11 DMG & Partners China Minzhong 1.56 2.08 Buy

01/04/11 Kim Eng China Minzhong 1.39 1.8 Buy PER9x
02/16/11 Kim Eng China Minzhong 1.57 1.9 Buy PER9x

01/05/11 Lim & Tan China Minzhong 1.42 0 Buy
01/25/11 Lim & Tan China Minzhong 1.48 0 Buy
02/18/11 Lim & Tan China Minzhong 1.67 0 Buy
03/02/11 Lim & Tan China Minzhong 1.8 0 Hold

China Hongxing - Lim & Tan was right again for asking investors to sell this S-Chip.

Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method

02/28/11 Lim & Tan China Hongxing 0.115 0 Sell A/C irregularities

China Gaoxian - Lim & Tim was right in asking investors to get out of this S-Chip.

Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method

01/14/11 Lim & Tan China Gaoxian 0.445 0 Take Profit

Friday, March 25, 2011

China Flexible - Buy call from CIMB.

Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method

09/17/10 CIMB China Flexible 0.205 0.34 Buy

China Fishery - Only CIMB likes fishing.

Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method

02/07/11 CIMB China Fishery 2.18 2.55 Outperform PER12.5x

02/07/11 DBS Vickers China Fishery 2.18 2.38 Hold PER13x

02/07/11 DMG & Partners China Fishery 2.14 2.18 Neutral PER10x
02/28/11 DMG & Partners China Fishery 1.91 2.18 Neutral

China Farm - Good to invest in agricultural market.

Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method

02/08/11 DMG & Partners China Farm 0.255 0.43 Buy PER11x
03/03/11 DMG & Partners China Farm 0.265 0.43 Buy PER11x

Thursday, March 24, 2011

China Environment - Buy call from DMG.

Date/Research House/Stock/Last Done/Targert Price/Call/Valuation Method

02/17/11 DMG & Partners China Environment 0.215 0.29 Under Review
02/18/11 DMG & Partners China Environment 0.21 0.31 Buy PATMI 9x

China Animal - Buy calls from analysts.

Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method

02/14/11 Amfraser China Animal 0.355 0.47 Buy PER14x

02/09/11 DBS Vickers China Animal 0.36 0.45 Buy PER13x
02/09/11 DBS Vickers China Animal 0.36 0.45 Buy
02/24/11 DBS Vickers China Animal 0.32 0.45 Buy PER13x

01/05/11 DMG & Partners China Animal 0.4 0.48 Buy
02/07/11 DMG & Partners China Animal 0.35 0.48 Buy
02/09/11 DMG & Partners China Animal 0.36 0.48 Buy
02/24/11 DMG & Partners China Animal 0.315 0.48 Buy
02/25/11 DMG & Partners China Animal 0.31 0.48 Buy EV/Ebitda 7x, PER15x
02/28/11 DMG & Partners China Animal 0.31 0.48 Buy
03/21/11 DMG & Partners China Animal 0.29 0.48 Buy

01/27/11 Kim Eng China Animal 0.335 0.48 Buy PER15x
02/24/11 Kim Eng China Animal 0.315 0.48 Buy

CH Offshore - Hold call by DBS Vickers.

Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method

01/03/11 DBS Vickers CH Offshore 0.48 0.6 Hold
01/31/11 DBS Vickers CH Offshore 0.49 0.6 Hold PER9x

Wednesday, March 23, 2011

Cerebos - CIMB still likes chicken essence.

Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method

02/02/11 CIMB Cerebos 4.87 7.3 Outperform Sum of parts