Boustead - Mixed calls from analysts.

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

02/15/11 DBS Vickers Boustead 1.06 1.1 Hold Sum of parts
02/22/11 DBS Vickers Boustead 1.02 1.1 Hold

01/03/11 Kim Eng Boustead 1.1 1.39 Buy Sum of parts, PER10.9x
01/27/11 Kim Eng Boustead 1.11 1.39 Buy Sum of parts
02/15/11 Kim Eng Boustead 1.06 1.39 Buy
03/01/11 Kim Eng Boustead 0.935 1.39 Buy Under Review

Biosensors - Mixed calls from analysts.

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

01/31/11 DBS Vickers Biosensors 1.14 1.2 Hold
02/18/11 DBS Vickers Biosensors 1.04 1.13 Hold Sum of parts

01/31/11 OCBC Biosensors 1.14 1.36 Buy DCF
02/18/11 OCBC Biosensors 1.04 1.36 Under Review
02/21/11 OCBC Biosensors 1.01 1.36 Buy
03/14/11 OCBC Biosensors 1.18 1.36 Buy

Beyonics - No cure for this company.

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

03/07/11 Lim & Tan Beyonics 0.195 0 Sell
03/14/11 Lim & Tan Beyonics 0.17 0 Sell

Berlian Laju - CIMB downgraded this shipper due to change in government regulation.

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

03/11/11 CIMB Berlian Laju 0.05 0.05 Trading Sell

BBR - DMG upgraded the target price.

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

02/17/11 DMG & Partners BBR 0.27 0.33 Buy PER6.5x
02/28/11 DMG & Partners BBR 0.265 0.45 Buy PER6.5x
03/10/11 DMG & Partners BBR 0.19 0.45 Buy

Baltic Dry Index (BDI) - 1548

Quote:

The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, fell for a second day on Tuesday in slower activity with the market still assessing Japan's earthquake.


The index fell by 0.71 per cent or 11 points to 1,548 points. Prior to the move lower it had risen for 11 consecutive sessions.

End Quote.

Avi-Tech - Buy call from OCBC.

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

01/04/11 OCBC Avi-Tech 0.195 0.28 Buy NTA1.5x
02/11/11 OCBC Avi-Tech 0.195 0.28 Under Review
02/15/11 OCBC Avi-Tech 0.19 0.28 Buy NTA1x

Ausgroup - Downgraded by CIMB.

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

02/14/11 CIMB Ausgroup 0.4 0.42 Underperform PER7.5x

ASTI - Strong buy from NRA.

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

02/24/11 NRA ASTI 0.1 0.22 Buy PB1.2x, PER8x

ASL Marine - Mixed calls by analysts.

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

01/03/11 DBS Vickers ASL Marine 0.98 0.96 Hold

02/14/11 Kim Eng ASL Marine 0.69 0.85 Buy NTA1x

01/05/11 OCBC ASL Marine 0.75 0.67 Hold
02/14/11 OCBC ASL Marine 0.69 0.67 Neutral
03/09/11 OCBC ASL Marine 0.645 0.67 Hold
03/11/11 OCBC ASL Marine 0.625 0.67 Hold

02/14/11 UOB Kay Hian ASL Marine 0.69 0.84 Hold Sum of parts

Asia Travel - Cease coverage by Kim Eng.

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

11/30/10 DBS Vickers Asiatravel 0.42 0.4 Hold


01/27/11 Kim Eng Asiatravel 0.445 0.47 Hold Cease coverage as no positive catalyst

Ascendas India Trust - Buy calls from analysts.

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

02/02/11 Citigroup Ascendas India Trust 0.99 1.18 Buy DDM

01/27/11 DBS Vickers Ascendas India Trust 0.96 1.08 Buy
02/25/11 DBS Vickers Ascendas India Trust 0.935 1.13 Buy DDM
03/09/11 DBS Vickers Ascendas India Trust 0.94 1.13 Buy

Ascott Residences Trust (ART) - CIMB upgraded this reit.

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

01/05/11 CIMB ART 1.25 1.24 Underperform DDM
01/25/11 CIMB ART 1.22 1.32 Neutral

01/07/11 DBS Vickers ART 1.26 1.38 Buy
03/09/11 DBS Vickers ART 1.19 1.38 Buy

01/24/11 Kim Eng ART 1.22 1.38 Buy

01/21/11 Lim & Tan ART 1.22 0 Buy

01/24/11 OCBC ART 1.22 1.34 Buy
03/15/11 OCBC ART 1.19 1.34 Buy Under Review

Armstrong - Downgraded to hold by Lim & Tan.

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

02/28/11 CIMB Armstrong 0.395 0.575 Outperform PER9x

03/03/11 DMG & Partners Armstrong 0.395 0.545 Buy
03/04/11 DMG & Partners Armstrong 0.395 0.545 Buy

01/03/11 Kim Eng Armstrong 0.43 0.53 Buy

02/28/11 Lim & Tan Armstrong 0.395 0 Hold

Ascendas Reit (A-Reit) - No buy call for this reit.

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

01/05/11 CIMB A-Reit 2.12 2.13 Neutral DDM
01/18/11 CIMB A-Reit 2.16 2.09 Underperform DDM
01/28/11 CIMB A-Reit 2.12 2.09 Underperform

01/19/11 Credit Suisse A-Reit 2.15 2.33 Neutral

01/18/11 DBS Vickers A-Reit 2.16 2.19 Hold
02/14/11 DBS Vickers A-Reit 2.06 2.19 Hold DCF
03/09/11 DBS Vickers A-Reit 2.03 2.19 Hold

01/18/11 DMG & Partners A-Reit 2.16 2.2 Neutral
02/14/11 DMG & Partners A-Reit 2.06 2.2 Neutral

01/18/11 OCBC A-Reit 2.16 2.2 Hold RNAV
03/08/11 OCBC A-Reit 2 2.2 Hold

ARA Asset Management - Target price and call was upgraded by CIMB.

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

11/11/10 CIMB ARA Asset Management 1.56 1.58 Neutral Sum of parts
02/25/11 CIMB ARA Asset Management 1.63 1.98 Outperform Sum of parts

02/25/11 DBS Vickers ARA Asset Management 1.63 1.77 Buy Sum of parts

Amtek - Buy calls from CIMB & DBS Vickers.

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

01/03/11 CIMB Amtek 1.08 1.52 Outperform PER9x

01/11/11 DBS Vickers Amtek 1.29 1.65 Buy PER11x
01/25/11 DBS Vickers Amtek 1.33 1.65 Buy
02/14/11 DBS Vickers Amtek 1.24 1.65 Buy PER11x

Allied Tech - Buy call from NRA.

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

03/01/11 NRA Allied Tech 0.065 0.13 Buy PB1x

Allgreen - No longer a favoured developer.

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

02/25/11 CIMB Allgreen 1.02 1.17 Underperform RNAV (30% discount)

12/20/10 DBS Vickers Allgreen 1.17 1.34 Hold

Adampak - Hold call by Lim & Tan.

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

03/02/11 Lim & Tan Adampak 0.335 0 Hold PER7x