Mandai Freehold B2 Industrial Space - 新加坡唯一一个B2永久重型工业厂房.

Mandai Freehold B2 Industrial Space - 新加坡唯一一个B2永久重型工业厂房.
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Sunday, April 17, 2011

Market Analyses for US (Dow Jones Industrial Average Index), Japan (Nikkei 225 Index), Hong Kong, (Hang Seng Index) & Singapore (Straits Times Index)

The charts above dated 15/04/11 show that there are fund outflows from US, HK & SG and JP is the only country with huge inflow of funds.  It will be interesting to see how the 3 markets with fund outflows will move in the future.

K-Reit - Citigroup hates this reit.

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

03/22/11 CIMB K-Reit 1.29 1.52 Neutral DDM
04/15/11 CIMB K-Reit 1.32 1.52 Outperform DDM

03/22/11 Citigroup K-Reit 1.29 1.2 Sell

03/09/11 DBS Vickers K-Reit 1.32 1.24 Hold
03/22/11 DBS Vickers K-Reit 1.29 1.32 Hold DCF
04/13/11 DBS Vickers K-Reit 1.29 1.2 Hold
04/15/11 DBS Vickers K-Reit 1.32 1.32 Hold

03/23/11 DIR K-Reit 1.29 1.3 Hold

03/22/11 Nomura K-Reit 1.29 1.76 Buy RNAV

Koda - OCBC gave up on this stock due to low liquidity.

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

02/16/11 OCBC Koda 0.16 0 Cease Coverage Low liquidity

Kingsmen Creatives - OCBC upgraded the target price.

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

08/13/10 DMG & Partners Kingsmen Creatives 0.59 0.77 Buy
08/18/10 DMG & Partners Kingsmen Creatives 0.6 0.77 Buy
08/19/10 DMG & Partners Kingsmen Creatives 0.6 0.82 Buy PER9x
02/23/11 DMG & Partners Kingsmen Creatives 0.56 0.76 Buy
02/25/11 DMG & Partners Kingsmen Creatives 0.56 0.76 Buy PER9x

08/13/10 Kim Eng Kingsmen Creatives 0.59 0.85 Buy
11/12/10 Kim Eng Kingsmen Creatives 0.6 0.79 Buy
12/07/10 Kim Eng Kingsmen Creatives 0.565 0.79 Buy
02/24/11 Kim Eng Kingsmen Creatives 0.56 0.84 Buy

09/02/10 OCBC Kingsmen Creatives 0.595 0.82 Buy
01/28/11 OCBC Kingsmen Creatives 0.575 0.665 Hold PER9x
01/31/11 OCBC Kingsmen Creatives 0.565 0.65 Hold
02/23/11 OCBC Kingsmen Creatives 0.56 0.665 Hold
02/24/11 OCBC Kingsmen Creatives 0.56 0.72 Hold

Saturday, April 16, 2011

Kinergy - Buy call from NRA.

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

03/01/11 NRA Kinergy 0.15 0.31 Buy PER7x

Kian Ann - Buy call from DMG.

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

02/16/11 DMG & Partners Kian Ann 0.22 0.27 Buy PER7x
03/10/11 DMG & Partners Kian Ann 0.21 0.27 Buy

Keppel Land - 6 buy calls & 1 hold call.

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

02/11/11 CIMB Keppel Land 4.12 5.91 Buy
03/16/11 CIMB Keppel Land 4.15 5.2 Outperform RNAV (10% discount)

04/07/11 CLSA Keppel Land 4.54 4.99 Buy RNAV (10% discount)

02/22/11 DBS Vickers Keppel Land 4.21 5.09 Buy
03/16/11 DBS Vickers Keppel Land 4.31 5.09 Buy

03/18/11 Kim Eng Keppel Land 4.12 5.9 Buy RNAV (10% premium)

03/29/11 Morgan Stanley Keppel Land 4.46 0 Equalweight

03/17/11 OCBC Keppel Land 4.15 4.67 Buy RNAV
03/30/11 OCBC Keppel Land 4.39 5.12 Buy RNAV

03/18/11 phillip Keppel Land 4.12 4.99 Buy RNAV

Friday, April 15, 2011

Keppel Corp - 11 buy calls & 1 hold call.

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

02/14/11 CIMB Keppel Corp 11.16 14.1 Outperform
02/16/11 CIMB Keppel Corp 11.22 14.1 Outperform Sum of parts
02/17/11 CIMB Keppel Corp 11.58 13.4 Buy
03/01/11 CIMB Keppel Corp 11.26 15 Outperform
03/07/11 CIMB Keppel Corp 11.68 15 Outperform
03/08/11 CIMB Keppel Corp 11.7 15 Outperform Sum of parts
03/10/11 CIMB Keppel Corp 12 15 Outperform
03/14/11 CIMB Keppel Corp 11.7 15 Outperform
03/16/11 CIMB Keppel Corp 11.36 15 Outperform Sum of parts
04/01/11 CIMB Keppel Corp 12.3 15 Outperform Sum of parts
04/04/11 CIMB Keppel Corp 12.4 15 Outperform Sum of parts
04/11/11 CIMB Keppel Corp 12.72 15 Outperform
04/12/11 CIMB Keppel Corp 12.5 15 Outperform Sum of parts
04/14/11 CIMB Keppel Corp 12.6 15 Outperform

02/15/11 Citigroup Keppel Corp 11.16 14.45 Buy

02/14/11 DBS Vickers Keppel Corp 11.16 13.55 Buy
02/17/11 DBS Vickers Keppel Corp 11.58 14.63 Buy Sum of parts
02/22/11 DBS Vickers Keppel Corp 11.44 14.63 Buy
03/10/11 DBS Vickers Keppel Corp 12 14.63 Buy Sum of parts
03/16/11 DBS Vickers Keppel Corp 11.36 14.63 Buy
03/28/11 DBS Vickers Keppel Corp 11.92 14.63 Buy
04/04/11 DBS Vickers Keppel Corp 12.4 14.63 Buy
04/12/11 DBS Vickers Keppel Corp 12.5 14.63 Buy
04/14/11 DBS Vickers Keppel Corp 12.6 14.63 Buy

02/10/11 DMG & Partners Keppel Corp 11.56 13 Buy Sum of parts
02/14/11 DMG & Partners Keppel Corp 11.16 13 Buy PER17.5x
02/15/11 DMG & Partners Keppel Corp 11.22 13.94 Buy Sum of parts
02/17/11 DMG & Partners Keppel Corp 11.58 13.94 Buy
02/18/11 DMG & Partners Keppel Corp 11.58 13.94 Buy
03/08/11 DMG & Partners Keppel Corp 11.7 13.94 Buy Sum of parts
03/11/11 DMG & Partners Keppel Corp 11.82 13.94 Buy Sum of parts
03/16/11 DMG & Partners Keppel Corp 11.36 13.94 Buy Sum of parts
04/04/11 DMG & Partners Keppel Corp 12.4 13.94 Buy PER17x
04/12/11 DMG & Partners Keppel Corp 12.5 13.94 Buy
04/13/11 DMG & Partners Keppel Corp 12.5 13.94 Buy Sum of parts

03/10/11 DnB Nor Keppel Corp 12.1 11.5 Hold Sum of parts

03/23/11 HSBC Keppel Corp 11.72 14.2 Overweight

03/11/11 IIFL Keppel Corp 11.82 16.96 Buy

02/14/11 Kim Eng Keppel Corp 11.16 13.05 Buy
02/16/11 Kim Eng Keppel Corp 11.22 13.05 Buy
02/17/11 Kim Eng Keppel Corp 11.58 13.05 Buy
03/03/11 Kim Eng Keppel Corp 11.5 13.95 Buy Sum of parts
03/07/11 Kim Eng Keppel Corp 11.68 13.95 Buy
04/04/11 Kim Eng Keppel Corp 12.4 13.95 Buy

02/16/11 Lim & Tan Keppel Corp 11.22 0 Buy
02/17/11 Lim & Tan Keppel Corp 11.58 0 Buy
03/08/11 Lim & Tan Keppel Corp 11.7 0 Buy
03/31/11 Lim & Tan Keppel Corp 12.26 0 Buy

02/16/11 OCBC Keppel Corp 11.22 13.24 Buy
02/17/11 OCBC Keppel Corp 11.58 13.24 Buy
03/04/11 OCBC Keppel Corp 11.6 13.26 Buy
03/08/11 OCBC Keppel Corp 11.7 13.26 Buy
03/15/11 OCBC Keppel Corp 11.82 13.24 Buy
04/05/11 OCBC Keppel Corp 12.7 13.92 Buy RNAV
04/14/11 OCBC Keppel Corp 12.6 13.92 Buy

02/17/11 phillip Keppel Corp 11.58 13.4 Buy
04/15/11 phillip Keppel Corp 10.82 12.52 Buy

02/21/11 UOB Kay Hian Keppel Corp 11.72 13 Buy

Kencana Agri - DMG upgraded the target price.

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

03/03/11 DMG & Partners Kencana Agri 0.415 0.6 Buy Sum of parts

Karin - OCBC upgraded this stock.

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

02/15/11 OCBC Karin 0.24 0.28 Under Review
04/04/11 OCBC Karin 0.24 0.315 Buy PER8x

Thursday, April 14, 2011

JES International - Buy call from DBS Vickers.

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

03/02/11 DBS Vickers JES International 0.31 0.5 Buy PB1.5x
03/10/11 DBS Vickers JES International 0.31 0.5 Buy PB1.5x

Jaya Holdings - DnB loves this stock.

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

02/01/11 DBS Vickers Jaya 0.69 0.66 Hold PB1x
02/14/11 DBS Vickers Jaya 0.66 0.66 Hold Offer at $0.48

03/10/11 DnB Nor Jaya 0.54 1 Buy

Jasper Investments - Something big maybe brewing, stated by Kim Eng.

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

04/05/11 Kim Eng Jasper Investments 0.065 0.12 Not Rated RNAV Possible M&A

Wednesday, April 13, 2011

Indofood Agri - Mixed calls from analysts.

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

02/28/11 CIMB Indofood Agri 2.3 3 Outperform PER16x
04/06/11 CIMB Indofood Agri 2.28 2.73 Outperform PER14.5x

02/17/11 Credit Suisse Indofood Agri 2.53 3 Neutral
02/21/11 Credit Suisse Indofood Agri 2.46 3 Neutral

02/21/11 DBS Vickers Indofood Agri 2.46 0 Under Review

02/22/11 DIR Indofood Agri 2.41 2.5 Neutral

03/02/11 DMG & Partners Indofood Agri 2.28 2.67 Buy PER15x

02/10/11 Kim Eng Indofood Agri 2.59 3.33 Buy PER19x

02/28/11 phillip Indofood Agri 2.3 2.78 Buy
02/28/11 phillip Indofood Agri 2.3 2.78 Buy DCF

04/04/11 UOB Kay Hian Indofood Agri 2.31 2.59 Hold

Hyflux - Mostly buy calls except neutral call by JPM.

02/22/11 CIMB Hyflux 2.15 2.71 Outperform Sum of parts
02/24/11 CIMB Hyflux 1.98 2.71 Outperform Sum of parts

03/08/11 Credit Suisse Hyflux 1.83 3 Buy

02/22/11 DBS Vickers Hyflux 2.15 2.17 Hold
03/08/11 DBS Vickers Hyflux 1.83 2.47 Buy Sum of parts

04/12/11 DIR Hyflux 2.14 2.4 Outperform PER17.5x, 2012

02/22/11 JP Morgan Hyflux 2.15 1.9 Neutral

02/24/11 Kim Eng Hyflux 1.98 1.59 Sell Sum of parts
03/08/11 Kim Eng Hyflux 1.83 2.1 Buy Sum of parts

02/24/11 OCBC Hyflux 1.98 2.41 Buy PER22.5x
03/08/11 OCBC Hyflux 1.83 2.41 Buy PER22.5x
03/17/11 OCBC Hyflux 1.95 2.41 Buy PER22.5x
04/08/11 OCBC Hyflux 2.19 2.41 Buy

03/08/11 UBS Hyflux 1.83 2.4 Buy

Hu An Cable - Phillip upgraded the target price.

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

02/24/11 phillip Hu An Cable 0.38 0.615 Buy PER5.85x + NAV $0.10

Tuesday, April 12, 2011

HTL - Oh my god! DMG downgraded this furniture maker.

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

03/01/11 DMG & Partners HTL 0.595 0.5 Sell PER8x

Hotel Properties - Target price was upgraded by Kim Eng.

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

03/04/11 Kim Eng Hotel Properties 2.4 3.42 Buy RNAV (20% discount)

Hongkong Land - Hold call by Deutsche.

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

03/10/11 Deutsche Hongkong Land 6.98 7.4 Hold

Hong Leong Finance (HL Finance) - Buy calls from analysts.

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

03/08/11 DMG & Partners Hong Leong Finance 2.96 3.61 Buy PB1x

02/25/11 Lim & Tan Hong Leong Finance 2.86 0 Buy