Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
01/24/11 CIMB Q&M Dental 0.535 0.83 Buy Sum of parts, PER15x
03/25/11 CIMB Q&M Dental 0.63 0.83 Outperform
Saturday, April 30, 2011
Petra Foods - 2 buy calls & 1 hold call.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
08/12/10 CIMB Petra Foods 1.58 1.5 Neutral PER13.5x
10/11/10 CIMB Petra Foods 1.48 1.7 Outperform PER13.5x
11/11/10 CIMB Petra Foods 1.63 1.85 Outperform PER14.5x
11/12/10 CIMB Petra Foods 1.61 1.88 Outperform PER14.5x
08/13/10 DBS Vickers Petra Foods 1.58 1.5 Hold PER15x
03/25/11 DBS Vickers Petra Foods 1.6 1.64 Hold
03/03/11 NRA Petra Foods 1.6 1.74 Long-term Buy Sum of parts
08/12/10 CIMB Petra Foods 1.58 1.5 Neutral PER13.5x
10/11/10 CIMB Petra Foods 1.48 1.7 Outperform PER13.5x
11/11/10 CIMB Petra Foods 1.63 1.85 Outperform PER14.5x
11/12/10 CIMB Petra Foods 1.61 1.88 Outperform PER14.5x
08/13/10 DBS Vickers Petra Foods 1.58 1.5 Hold PER15x
03/25/11 DBS Vickers Petra Foods 1.6 1.64 Hold
03/03/11 NRA Petra Foods 1.6 1.74 Long-term Buy Sum of parts
PEC - Buy calls from all analysts.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
08/10/10 CIMB PEC 0.89 1.22 Outperform
08/27/10 CIMB PEC 0.89 1.22 Outperform PER8.5x
11/11/10 CIMB PEC 1.18 1.41 Outperform PER8.5x
01/20/11 CIMB PEC 1.37 1.54 Neutral PER9x
02/11/11 CIMB PEC 1.22 1.54 Outperform
04/01/11 CIMB PEC 1.16 1.54 Outperform
08/27/10 DBS Vickers PEC 0.89 1.31 Buy Sum of parts
09/27/10 DBS Vickers PEC 1.06 1.31 Buy
12/13/10 DBS Vickers PEC 1.1 1.58 Buy
02/11/11 DBS Vickers PEC 1.22 1.62 Buy
12/06/10 OCBC PEC 1.1 1.58 Buy
10/05/10 phillip PEC 1.05 1.5 Buy PER8.75x & PB1.75x
11/12/10 phillip PEC 1.18 1.41 Buy PB1.75x & PER8.75x
01/20/11 phillip PEC 1.37 1.44 Hold PER8.75x & PB1.75x
02/14/11 phillip PEC 1.23 1.5 Buy PER8.75x & PB1.75x
08/10/10 CIMB PEC 0.89 1.22 Outperform
08/27/10 CIMB PEC 0.89 1.22 Outperform PER8.5x
11/11/10 CIMB PEC 1.18 1.41 Outperform PER8.5x
01/20/11 CIMB PEC 1.37 1.54 Neutral PER9x
02/11/11 CIMB PEC 1.22 1.54 Outperform
04/01/11 CIMB PEC 1.16 1.54 Outperform
08/27/10 DBS Vickers PEC 0.89 1.31 Buy Sum of parts
09/27/10 DBS Vickers PEC 1.06 1.31 Buy
12/13/10 DBS Vickers PEC 1.1 1.58 Buy
02/11/11 DBS Vickers PEC 1.22 1.62 Buy
12/06/10 OCBC PEC 1.1 1.58 Buy
10/05/10 phillip PEC 1.05 1.5 Buy PER8.75x & PB1.75x
11/12/10 phillip PEC 1.18 1.41 Buy PB1.75x & PER8.75x
01/20/11 phillip PEC 1.37 1.44 Hold PER8.75x & PB1.75x
02/14/11 phillip PEC 1.23 1.5 Buy PER8.75x & PB1.75x
Friday, April 29, 2011
Parkway Life - 5 buy calls & 2 hold calls.
05/18/10 CIMB Parkway Life 1.36 1.57 Outperform
07/15/10 CIMB Parkway Life 1.39 1.57 Outperform
08/10/10 CIMB Parkway Life 1.44 1.57 Outperform DDM
09/07/10 CIMB Parkway Life 1.54 1.91 Outperform DDM
10/01/10 CIMB Parkway Life 1.6 1.91 Outperform DDM
11/08/10 CIMB Parkway Life 1.69 1.96 Outperform DDM
11/09/10 CIMB Parkway Life 1.7 1.96 Outperform DDM
11/18/10 CIMB Parkway Life 1.64 1.96 Outperform DDM
01/05/11 CIMB Parkway Life 1.69 1.96 Outperform DDM
03/14/11 CIMB Parkway Life 1.7 1.98 Outperform DDM
03/15/11 CIMB Parkway Life 1.68 1.98 Outperform
05/07/10 DBS Vickers Parkway Life 1.32 1.51 Buy DCF
06/04/10 DBS Vickers Parkway Life 1.35 1.51 Buy
07/14/10 DBS Vickers Parkway Life 1.38 1.59 Buy DCF
08/06/10 DBS Vickers Parkway Life 1.44 1.59 Buy DCF
11/08/10 DBS Vickers Parkway Life 1.69 1.84 Buy
12/17/10 DBS Vickers Parkway Life 1.63 1.84 Buy
01/21/11 DBS Vickers Parkway Life 1.77 1.9 Buy DCF
02/22/11 DBS Vickers Parkway Life 1.72 1.9 Buy
03/09/11 DBS Vickers Parkway Life 1.72 1.9 Buy
03/14/11 DBS Vickers Parkway Life 1.7 1.9 Buy
04/13/11 DBS Vickers Parkway Life 1.66 1.84 Buy
05/07/10 DMG & Partners Parkway Life 1.32 1.52 Buy 5.7% yield
06/11/10 DMG & Partners Parkway Life 1.35 1.62 Buy
07/16/10 DMG & Partners Parkway Life 1.37 1.66 Buy
07/20/10 DMG & Partners Parkway Life 1.37 1.66 Buy DDM
08/10/10 DMG & Partners Parkway Life 1.44 1.66 Buy DDM
11/12/10 DMG & Partners Parkway Life 1.7 1.66 Neutral
06/14/10 Kim Eng Parkway Life 1.35 1.59 Buy DDM
07/14/10 Kim Eng Parkway Life 1.38 1.59 Buy
08/10/10 Kim Eng Parkway Life 1.44 1.64 Buy DDM
10/05/10 Kim Eng Parkway Life 1.64 1.94 Buy DDM
11/09/10 Kim Eng Parkway Life 1.7 1.94 Buy DDM
07/14/10 Lim & Tan Parkway Life 1.38 0 Buy
08/06/10 Lim & Tan Parkway Life 1.44 0 Buy
08/16/10 Lim & Tan Parkway Life 1.42 0 Buy
10/01/10 Lim & Tan Parkway Life 1.6 0 Buy
11/08/10 Lim & Tan Parkway Life 1.69 0 Buy
12/03/10 Lim & Tan Parkway Life 1.63 0 Buy
01/24/11 Lim & Tan Parkway Life 1.78 0 Buy
10/06/10 OCBC Parkway Life 1.65 1.84 Buy DCF
05/07/10 phillip Parkway Life 1.32 1.57 Buy
06/15/10 phillip Parkway Life 1.36 1.63 Buy
07/14/10 phillip Parkway Life 1.38 1.66 Buy
08/10/10 phillip Parkway Life 1.44 1.66 Buy
11/09/10 phillip Parkway Life 1.7 1.78 Hold DDM
01/25/11 phillip Parkway Life 1.8 1.82 Hold
04/15/11 phillip Parkway Life 1.76 1.81 Hold DDM
07/15/10 CIMB Parkway Life 1.39 1.57 Outperform
08/10/10 CIMB Parkway Life 1.44 1.57 Outperform DDM
09/07/10 CIMB Parkway Life 1.54 1.91 Outperform DDM
10/01/10 CIMB Parkway Life 1.6 1.91 Outperform DDM
11/08/10 CIMB Parkway Life 1.69 1.96 Outperform DDM
11/09/10 CIMB Parkway Life 1.7 1.96 Outperform DDM
11/18/10 CIMB Parkway Life 1.64 1.96 Outperform DDM
01/05/11 CIMB Parkway Life 1.69 1.96 Outperform DDM
03/14/11 CIMB Parkway Life 1.7 1.98 Outperform DDM
03/15/11 CIMB Parkway Life 1.68 1.98 Outperform
05/07/10 DBS Vickers Parkway Life 1.32 1.51 Buy DCF
06/04/10 DBS Vickers Parkway Life 1.35 1.51 Buy
07/14/10 DBS Vickers Parkway Life 1.38 1.59 Buy DCF
08/06/10 DBS Vickers Parkway Life 1.44 1.59 Buy DCF
11/08/10 DBS Vickers Parkway Life 1.69 1.84 Buy
12/17/10 DBS Vickers Parkway Life 1.63 1.84 Buy
01/21/11 DBS Vickers Parkway Life 1.77 1.9 Buy DCF
02/22/11 DBS Vickers Parkway Life 1.72 1.9 Buy
03/09/11 DBS Vickers Parkway Life 1.72 1.9 Buy
03/14/11 DBS Vickers Parkway Life 1.7 1.9 Buy
04/13/11 DBS Vickers Parkway Life 1.66 1.84 Buy
05/07/10 DMG & Partners Parkway Life 1.32 1.52 Buy 5.7% yield
06/11/10 DMG & Partners Parkway Life 1.35 1.62 Buy
07/16/10 DMG & Partners Parkway Life 1.37 1.66 Buy
07/20/10 DMG & Partners Parkway Life 1.37 1.66 Buy DDM
08/10/10 DMG & Partners Parkway Life 1.44 1.66 Buy DDM
11/12/10 DMG & Partners Parkway Life 1.7 1.66 Neutral
06/14/10 Kim Eng Parkway Life 1.35 1.59 Buy DDM
07/14/10 Kim Eng Parkway Life 1.38 1.59 Buy
08/10/10 Kim Eng Parkway Life 1.44 1.64 Buy DDM
10/05/10 Kim Eng Parkway Life 1.64 1.94 Buy DDM
11/09/10 Kim Eng Parkway Life 1.7 1.94 Buy DDM
07/14/10 Lim & Tan Parkway Life 1.38 0 Buy
08/06/10 Lim & Tan Parkway Life 1.44 0 Buy
08/16/10 Lim & Tan Parkway Life 1.42 0 Buy
10/01/10 Lim & Tan Parkway Life 1.6 0 Buy
11/08/10 Lim & Tan Parkway Life 1.69 0 Buy
12/03/10 Lim & Tan Parkway Life 1.63 0 Buy
01/24/11 Lim & Tan Parkway Life 1.78 0 Buy
10/06/10 OCBC Parkway Life 1.65 1.84 Buy DCF
05/07/10 phillip Parkway Life 1.32 1.57 Buy
06/15/10 phillip Parkway Life 1.36 1.63 Buy
07/14/10 phillip Parkway Life 1.38 1.66 Buy
08/10/10 phillip Parkway Life 1.44 1.66 Buy
11/09/10 phillip Parkway Life 1.7 1.78 Hold DDM
01/25/11 phillip Parkway Life 1.8 1.82 Hold
04/15/11 phillip Parkway Life 1.76 1.81 Hold DDM
Pan-United - Buy call from DBS Vickers.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
03/01/11 DBS Vickers Pan-United 0.49 0.62 Buy
03/25/11 DBS Vickers Pan-United 0.515 0.62 Buy
03/01/11 DBS Vickers Pan-United 0.49 0.62 Buy
03/25/11 DBS Vickers Pan-United 0.515 0.62 Buy
Pacific Shipping Trust - Buy call from DBS Vickers.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
04/19/11 DBS Vickers Pacific Shipping Trust 0.37 0.4 Buy
04/19/11 DBS Vickers Pacific Shipping Trust 0.37 0.4 Buy
Thursday, April 28, 2011
Pacific Andes - Buy calls from DBS Vickers.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
03/25/11 DBS Vickers Pacific Andes 0.335 0.48 Buy
03/28/11 DBS Vickers Pacific Andes 0.34 0.48 Buy
03/25/11 DBS Vickers Pacific Andes 0.335 0.48 Buy
03/28/11 DBS Vickers Pacific Andes 0.34 0.48 Buy
OUE - Buy calls from all analysts.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
03/01/11 CIMB OUE 2.89 3.87 Outperform RNAV (15% discount)
03/09/11 CIMB OUE 2.84 3.87 Outperform RNAV (15% discount)
04/18/11 CIMB OUE 3.16 4.16 Outperform RNAV (10% discount)
03/09/11 Credit Suisse OUE 2.84 4.2 Outperform
02/16/11 DMG & Partners OUE 3.1 4.2 Buy
03/02/11 DMG & Partners OUE 2.89 4.2 Buy RNAV (15% discount)
03/29/11 Morgan Stanley OUE 3.13 0 Overweight
04/18/11 Morgan Stanley OUE 3.16 3.45 Overweight
03/10/11 OCBC OUE 2.95 3.87 Outperform RNAV (15% discount)
03/02/11 phillip OUE 2.95 4.13 Buy RNAV
04/18/11 phillip OUE 3.16 4.13 Buy RNAV
04/18/11 RBS OUE 3.16 4.55 Buy
03/24/11 UOB Kay Hian OUE 2.86 4.25 Buy
03/01/11 CIMB OUE 2.89 3.87 Outperform RNAV (15% discount)
03/09/11 CIMB OUE 2.84 3.87 Outperform RNAV (15% discount)
04/18/11 CIMB OUE 3.16 4.16 Outperform RNAV (10% discount)
03/09/11 Credit Suisse OUE 2.84 4.2 Outperform
02/16/11 DMG & Partners OUE 3.1 4.2 Buy
03/02/11 DMG & Partners OUE 2.89 4.2 Buy RNAV (15% discount)
03/29/11 Morgan Stanley OUE 3.13 0 Overweight
04/18/11 Morgan Stanley OUE 3.16 3.45 Overweight
03/10/11 OCBC OUE 2.95 3.87 Outperform RNAV (15% discount)
03/02/11 phillip OUE 2.95 4.13 Buy RNAV
04/18/11 phillip OUE 3.16 4.13 Buy RNAV
04/18/11 RBS OUE 3.16 4.55 Buy
03/24/11 UOB Kay Hian OUE 2.86 4.25 Buy
Otto Marine - This stock won't be doing well.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
02/21/11 CIMB Otto Marine 0.3 0.25 Underperform PER7.5x
03/24/11 CIMB Otto Marine 0.22 0.25 Neutral PER7.5x
04/05/11 CIMB Otto Marine 0.265 0.19 Underperform PB0.8x
02/18/11 DMG & Partners Otto Marine 0.315 0.335 Under Review
02/21/11 DMG & Partners Otto Marine 0.3 0.25 Sell PATMI 10x
03/24/11 DMG & Partners Otto Marine 0.22 0.25 Sell Under Review
03/25/11 DMG & Partners Otto Marine 0.235 0.25 Neutral PATMI 10x
04/07/11 DMG & Partners Otto Marine 0.255 0.225 Neutral PATMI 10x
02/11/11 DnB Nor Otto Marine 0.32 0.3 Sell PER6x
02/21/11 DnB Nor Otto Marine 0.3 0.27 Sell NAV
03/10/11 DnB Nor Otto Marine 0.25 0.23 Sell EV/Ebitda 6x
03/31/11 DnB Nor Otto Marine 0.27 0.23 Sell NAV
04/05/11 DnB Nor Otto Marine 0.27 0.23 Sell NAV
02/21/11 Kim Eng Otto Marine 0.3 0.33 Hold
04/05/11 Kim Eng Otto Marine 0.265 0.29 Hold Sum of parts
02/21/11 phillip Otto Marine 0.3 0.35 Hold PB1.2x
02/21/11 CIMB Otto Marine 0.3 0.25 Underperform PER7.5x
03/24/11 CIMB Otto Marine 0.22 0.25 Neutral PER7.5x
04/05/11 CIMB Otto Marine 0.265 0.19 Underperform PB0.8x
02/18/11 DMG & Partners Otto Marine 0.315 0.335 Under Review
02/21/11 DMG & Partners Otto Marine 0.3 0.25 Sell PATMI 10x
03/24/11 DMG & Partners Otto Marine 0.22 0.25 Sell Under Review
03/25/11 DMG & Partners Otto Marine 0.235 0.25 Neutral PATMI 10x
04/07/11 DMG & Partners Otto Marine 0.255 0.225 Neutral PATMI 10x
02/11/11 DnB Nor Otto Marine 0.32 0.3 Sell PER6x
02/21/11 DnB Nor Otto Marine 0.3 0.27 Sell NAV
03/10/11 DnB Nor Otto Marine 0.25 0.23 Sell EV/Ebitda 6x
03/31/11 DnB Nor Otto Marine 0.27 0.23 Sell NAV
04/05/11 DnB Nor Otto Marine 0.27 0.23 Sell NAV
02/21/11 Kim Eng Otto Marine 0.3 0.33 Hold
04/05/11 Kim Eng Otto Marine 0.265 0.29 Hold Sum of parts
02/21/11 phillip Otto Marine 0.3 0.35 Hold PB1.2x
Wednesday, April 27, 2011
Osim - Buy calls from analysts.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
04/18/11 DMG & Partners Osim 1.64 1.66 Neutral PER18x
04/27/11 DMG & Partners Osim 1.66 1.84 Buy PER18x
04/18/11 Macquarie Osim 1.64 2.06 Outperform
03/07/11 OCBC Osim 1.57 1.96 Outperform
04/18/11 OCBC Osim 1.64 1.96 Buy Under Review
04/18/11 DMG & Partners Osim 1.64 1.66 Neutral PER18x
04/27/11 DMG & Partners Osim 1.66 1.84 Buy PER18x
04/18/11 Macquarie Osim 1.64 2.06 Outperform
03/07/11 OCBC Osim 1.57 1.96 Outperform
04/18/11 OCBC Osim 1.64 1.96 Buy Under Review
Olam - 11 buy calls, 1 hold call & 1 sell call.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
02/15/11 CIMB Olam 3.04 3.3 Neutral PER18.5x
02/24/11 CIMB Olam 2.56 3 Neutral PER16.9x
02/22/11 CLSA Olam 2.9 1.6 Sell PER10x
03/28/11 DBS Vickers Olam 2.87 3.2 Buy
04/18/11 DBS Vickers Olam 2.94 3.3 Buy
02/14/11 Deutsche Olam 3.07 3.6 Buy
02/14/11 DIR Olam 3.07 3.72 Buy
02/15/11 DMG & Partners Olam 3.04 3.7 Buy
02/24/11 DMG & Partners Olam 2.56 3.7 Buy DCF
04/12/11 DMG & Partners Olam 2.87 3.7 Buy DCF
02/23/11 HSBC Olam 2.63 3.63 Overweight
02/24/11 IIFL Olam 2.56 4.43 Buy
02/15/11 Kim Eng Olam 3.04 4.1 Buy PER25x
02/15/11 Morgan Stanley Olam 3.04 3.78 Overweight
04/12/11 Nomura Olam 2.87 3.9 Buy
02/15/11 OCBC Olam 3.04 3.53 Buy
04/12/11 UOB Kay Hian Olam 2.87 3.9 Buy
02/15/11 CIMB Olam 3.04 3.3 Neutral PER18.5x
02/24/11 CIMB Olam 2.56 3 Neutral PER16.9x
02/22/11 CLSA Olam 2.9 1.6 Sell PER10x
03/28/11 DBS Vickers Olam 2.87 3.2 Buy
04/18/11 DBS Vickers Olam 2.94 3.3 Buy
02/14/11 Deutsche Olam 3.07 3.6 Buy
02/14/11 DIR Olam 3.07 3.72 Buy
02/15/11 DMG & Partners Olam 3.04 3.7 Buy
02/24/11 DMG & Partners Olam 2.56 3.7 Buy DCF
04/12/11 DMG & Partners Olam 2.87 3.7 Buy DCF
02/23/11 HSBC Olam 2.63 3.63 Overweight
02/24/11 IIFL Olam 2.56 4.43 Buy
02/15/11 Kim Eng Olam 3.04 4.1 Buy PER25x
02/15/11 Morgan Stanley Olam 3.04 3.78 Overweight
04/12/11 Nomura Olam 2.87 3.9 Buy
02/15/11 OCBC Olam 3.04 3.53 Buy
04/12/11 UOB Kay Hian Olam 2.87 3.9 Buy
OKP - Hold call by DBS Vickers.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
03/25/11 DBS Vickers OKP 0.61 0.63 Hold
03/25/11 DBS Vickers OKP 0.61 0.63 Hold
Tuesday, April 26, 2011
Oceanus - 2 sell calls & 1 buy call.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
03/01/11 DMG & Partners Oceanus 0.22 0.27 Buy DCF
02/21/11 Lim & Tan Oceanus 0.28 0 Sell
03/01/11 Lim & Tan Oceanus 0.22 0 Sell
02/21/11 OCBC Oceanus 0.28 0.32 Under Review
03/01/11 OCBC Oceanus 0.22 0.32 Hold Under Review
03/02/11 OCBC Oceanus 0.225 0.19 Sell NAV, Over expansion
03/01/11 DMG & Partners Oceanus 0.22 0.27 Buy DCF
02/21/11 Lim & Tan Oceanus 0.28 0 Sell
03/01/11 Lim & Tan Oceanus 0.22 0 Sell
02/21/11 OCBC Oceanus 0.28 0.32 Under Review
03/01/11 OCBC Oceanus 0.22 0.32 Hold Under Review
03/02/11 OCBC Oceanus 0.225 0.19 Sell NAV, Over expansion
OCBC Bank - 5 buy calls, 1 hold call & 1 sell call.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
02/21/11 CIMB OCBC 9.41 11.04 Outperform PB1.8x, GGM
03/03/11 CIMB OCBC 9.25 11.04 Outperform PB1.8x & GGM
03/25/11 CIMB OCBC 9.3 11.04 Outperform PB1.8x & GGM
04/05/11 CIMB OCBC 9.65 11.04 Outperform
02/21/11 Citigroup OCBC 9.41 10.6 Buy
03/18/11 CLSA OCBC 9.02 9.25 Underperform
04/14/11 CLSA OCBC 9.64 9.25 Underperform
02/16/11 DBS Vickers OCBC 9.44 11.3 Buy
02/21/11 DBS Vickers OCBC 9.41 11.3 Buy
02/22/11 DBS Vickers OCBC 9.32 11.3 Buy
02/28/11 DBS Vickers OCBC 9.26 11.3 Buy
03/03/11 DBS Vickers OCBC 9.35 11.3 Buy PB1.9x & GGM
04/01/11 DBS Vickers OCBC 9.46 11.3 Buy
04/04/11 DBS Vickers OCBC 9.59 11.3 Buy
04/12/11 DBS Vickers OCBC 9.69 11.3 Buy
04/18/11 DBS Vickers OCBC 9.69 11.3 Buy
04/25/11 DBS Vickers OCBC 9.47 11.3 Buy
02/21/11 DMG & Partners OCBC 9.41 10.6 Buy PB1.7x
03/02/11 DMG & Partners OCBC 9.35 10.6 Buy PB1.7x
04/01/11 DMG & Partners OCBC 9.46 10.6 Buy PB1.7x
02/21/11 Kim Eng OCBC 9.41 11.18 Buy PB1.7x, GGM
03/08/11 Kim Eng OCBC 9.29 11.18 Buy
02/21/11 phillip OCBC 9.41 10 Hold
02/21/11 CIMB OCBC 9.41 11.04 Outperform PB1.8x, GGM
03/03/11 CIMB OCBC 9.25 11.04 Outperform PB1.8x & GGM
03/25/11 CIMB OCBC 9.3 11.04 Outperform PB1.8x & GGM
04/05/11 CIMB OCBC 9.65 11.04 Outperform
02/21/11 Citigroup OCBC 9.41 10.6 Buy
03/18/11 CLSA OCBC 9.02 9.25 Underperform
04/14/11 CLSA OCBC 9.64 9.25 Underperform
02/16/11 DBS Vickers OCBC 9.44 11.3 Buy
02/21/11 DBS Vickers OCBC 9.41 11.3 Buy
02/22/11 DBS Vickers OCBC 9.32 11.3 Buy
02/28/11 DBS Vickers OCBC 9.26 11.3 Buy
03/03/11 DBS Vickers OCBC 9.35 11.3 Buy PB1.9x & GGM
04/01/11 DBS Vickers OCBC 9.46 11.3 Buy
04/04/11 DBS Vickers OCBC 9.59 11.3 Buy
04/12/11 DBS Vickers OCBC 9.69 11.3 Buy
04/18/11 DBS Vickers OCBC 9.69 11.3 Buy
04/25/11 DBS Vickers OCBC 9.47 11.3 Buy
02/21/11 DMG & Partners OCBC 9.41 10.6 Buy PB1.7x
03/02/11 DMG & Partners OCBC 9.35 10.6 Buy PB1.7x
04/01/11 DMG & Partners OCBC 9.46 10.6 Buy PB1.7x
02/21/11 Kim Eng OCBC 9.41 11.18 Buy PB1.7x, GGM
03/08/11 Kim Eng OCBC 9.29 11.18 Buy
02/21/11 phillip OCBC 9.41 10 Hold
Ntegrator - Hold call by NRA.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
03/03/11 NRA Ntegrator 0.025 0.035 Hold PB1x
03/03/11 NRA Ntegrator 0.025 0.035 Hold PB1x
Monday, April 25, 2011
Baltic Dry Index (BDI) - 1254
Quote:
The index was down 0.63 per cent or 8 points to 1,254 points, its lowest since Feb 28.
End Quote.
The index was down 0.63 per cent or 8 points to 1,254 points, its lowest since Feb 28.
End Quote.
NOL - 7 buy calls, 1 hold call & 1 sell call.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
03/08/11 CIMB NOL 2.06 2.65 Outperform PB1.5x
03/16/11 CIMB NOL 1.92 2.65 Outperform
03/22/11 CIMB NOL 1.97 2.65 Outperform
03/28/11 CIMB NOL 1.99 2.45 Outperform
04/05/11 CIMB NOL 1.99 2.45 Outperform PB1.4x
02/17/11 Citigroup NOL 2.13 2.5 Buy
03/25/11 Credit Suisse NOL 2.01 2.38 Outperform PB1.3x
02/22/11 DBS Vickers NOL 2.12 2.5 Buy
03/07/11 DBS Vickers NOL 2.06 2.15 Hold EV/Ebitda 6x
03/11/11 DBS Vickers NOL 2.08 2.15 Hold EV/Ebitda 6x
04/04/11 DBS Vickers NOL 1.95 2.15 Hold
04/06/11 Jefferies NOL 1.97 1.35 Underperform
02/17/11 Morgan Stanley NOL 2.13 2.9 Buy
02/17/11 OCBC NOL 2.13 2.7 Buy
02/17/11 phillip NOL 2.13 2.5 Buy PB1.4x
02/17/11 UOB Kay Hian NOL 2.13 2.55 Buy PB1.4x
03/08/11 UOB Kay Hian NOL 2.06 2.55 Buy PB1.4x
03/08/11 CIMB NOL 2.06 2.65 Outperform PB1.5x
03/16/11 CIMB NOL 1.92 2.65 Outperform
03/22/11 CIMB NOL 1.97 2.65 Outperform
03/28/11 CIMB NOL 1.99 2.45 Outperform
04/05/11 CIMB NOL 1.99 2.45 Outperform PB1.4x
02/17/11 Citigroup NOL 2.13 2.5 Buy
03/25/11 Credit Suisse NOL 2.01 2.38 Outperform PB1.3x
02/22/11 DBS Vickers NOL 2.12 2.5 Buy
03/07/11 DBS Vickers NOL 2.06 2.15 Hold EV/Ebitda 6x
03/11/11 DBS Vickers NOL 2.08 2.15 Hold EV/Ebitda 6x
04/04/11 DBS Vickers NOL 1.95 2.15 Hold
04/06/11 Jefferies NOL 1.97 1.35 Underperform
02/17/11 Morgan Stanley NOL 2.13 2.9 Buy
02/17/11 OCBC NOL 2.13 2.7 Buy
02/17/11 phillip NOL 2.13 2.5 Buy PB1.4x
02/17/11 UOB Kay Hian NOL 2.13 2.55 Buy PB1.4x
03/08/11 UOB Kay Hian NOL 2.06 2.55 Buy PB1.4x
Noble - Buy calls from all analysts.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
03/01/11 CIMB Noble 2.05 2.6 Outperform PER14x
03/04/11 CIMB Noble 2.18 2.7 Outperform PER15x
03/17/11 DBS Vickers Noble 2.05 2.6 Buy DCF
03/07/11 DIR Noble 2.13 2.42 Buy
03/01/11 DMG & Partners Noble 2.05 2.58 Buy PER13.8x
03/04/11 DMG & Partners Noble 2.18 2.58 Buy
03/17/11 DMG & Partners Noble 2.05 2.58 Buy
03/28/11 DMG & Partners Noble 2.17 2.58 Buy
03/16/11 IIFL Noble 1.97 2.8 Buy
03/01/11 Kim Eng Noble 2.04 3 Buy PER20x
03/01/11 Lim & Tan Noble 2.05 0 Buy
03/04/11 Lim & Tan Noble 2.18 0 Buy
03/22/11 Lim & Tan Noble 2.07 0 Buy
04/12/11 Lim & Tan Noble 2.19 0 Buy
04/21/11 Nomura Noble 2.24 2.75 Buy
03/01/11 OCBC Noble 2.05 2.92 Buy
03/01/11 OCBC Noble 2.05 2.92 Buy PER12x
03/02/11 phillip Noble 2.19 2.53 Buy PER16x
03/04/11 RBS Noble 2.18 3 Buy
03/01/11 UBS Noble 2.05 2.7 Buy
03/08/11 UOB Kay Hian Noble 2.15 2.5 Buy
03/08/11 UOB Kay Hian Noble 2.15 2.5 Buy PER14.4x
03/01/11 CIMB Noble 2.05 2.6 Outperform PER14x
03/04/11 CIMB Noble 2.18 2.7 Outperform PER15x
03/17/11 DBS Vickers Noble 2.05 2.6 Buy DCF
03/07/11 DIR Noble 2.13 2.42 Buy
03/01/11 DMG & Partners Noble 2.05 2.58 Buy PER13.8x
03/04/11 DMG & Partners Noble 2.18 2.58 Buy
03/17/11 DMG & Partners Noble 2.05 2.58 Buy
03/28/11 DMG & Partners Noble 2.17 2.58 Buy
03/16/11 IIFL Noble 1.97 2.8 Buy
03/01/11 Kim Eng Noble 2.04 3 Buy PER20x
03/01/11 Lim & Tan Noble 2.05 0 Buy
03/04/11 Lim & Tan Noble 2.18 0 Buy
03/22/11 Lim & Tan Noble 2.07 0 Buy
04/12/11 Lim & Tan Noble 2.19 0 Buy
04/21/11 Nomura Noble 2.24 2.75 Buy
03/01/11 OCBC Noble 2.05 2.92 Buy
03/01/11 OCBC Noble 2.05 2.92 Buy PER12x
03/02/11 phillip Noble 2.19 2.53 Buy PER16x
03/04/11 RBS Noble 2.18 3 Buy
03/01/11 UBS Noble 2.05 2.7 Buy
03/08/11 UOB Kay Hian Noble 2.15 2.5 Buy
03/08/11 UOB Kay Hian Noble 2.15 2.5 Buy PER14.4x
Nera Telecommunication - Lim & Tan downgraded this stock.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
10/15/10 Lim & Tan Nera Telecom 0.34 0 Buy
02/11/11 Lim & Tan Nera Telecom 0.395 0 Neutral
10/15/10 Lim & Tan Nera Telecom 0.34 0 Buy
02/11/11 Lim & Tan Nera Telecom 0.395 0 Neutral
Natural Cool - Buy call from NRA.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
03/08/11 NRA Natural Cool 0.185 0.235 Buy Sum of parts
03/08/11 NRA Natural Cool 0.185 0.235 Buy Sum of parts
Mun Siong - Buy call from DMG.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
02/23/11 DMG & Partners Mun Siong 0.185 0.28 Buy DCF
02/23/11 DMG & Partners Mun Siong 0.185 0.28 Buy DCF
Macquarie Infrastructure International Fund (MIIF) - Buy call from NRA.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
03/01/11 NRA MIIF 0.55 0.63 Buy DCF
03/21/11 NRA MIIF 0.575 0.645 Buy DCF
03/01/11 NRA MIIF 0.55 0.63 Buy DCF
03/21/11 NRA MIIF 0.575 0.645 Buy DCF
Saturday, April 23, 2011
Midas - 6 buy calls & 3 hold calls.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
02/16/11 CIMB Midas 0.865 1.26 Outperform PER15x
02/28/11 CIMB Midas 0.75 1.07 Outperform PER13x
04/07/11 CIMB Midas 0.775 1.07 Outperform PER13x
02/17/11 Credit Suisse Midas 0.85 1.2 Outperform
02/28/11 DBS Vickers Midas 0.75 1.2 Buy PER20x
04/12/11 DBS Vickers Midas 0.815 1.2 Buy PER20x
02/16/11 DMG & Partners Midas 0.865 1.2 Buy PER20x
02/24/11 DMG & Partners Midas 0.745 1.2 Buy PER20x
02/28/11 DMG & Partners Midas 0.75 1.2 Buy
03/01/11 DMG & Partners Midas 0.75 1.2 Buy PER20x
03/25/11 DMG & Partners Midas 0.75 1.2 Buy
04/13/11 DMG & Partners Midas 0.815 0.98 Buy PER18x
02/17/11 Kim Eng Midas 0.865 0.78 Hold PER15x
02/28/11 Kim Eng Midas 0.75 0.76 Hold PER15x
02/16/11 Lim & Tan Midas 0.865 0 Neutral
02/28/11 Lim & Tan Midas 0.75 0 Hold
03/03/11 Lim & Tan Midas 0.76 0 Hold
04/12/11 Lim & Tan Midas 0.815 0 Hold
02/16/11 Nomura Midas 5.33 5.9 Neutral HK
02/28/11 OCBC Midas 0.75 1.1 Buy
02/28/11 phillip Midas 0.75 1.06 Buy
02/16/11 CIMB Midas 0.865 1.26 Outperform PER15x
02/28/11 CIMB Midas 0.75 1.07 Outperform PER13x
04/07/11 CIMB Midas 0.775 1.07 Outperform PER13x
02/17/11 Credit Suisse Midas 0.85 1.2 Outperform
02/28/11 DBS Vickers Midas 0.75 1.2 Buy PER20x
04/12/11 DBS Vickers Midas 0.815 1.2 Buy PER20x
02/16/11 DMG & Partners Midas 0.865 1.2 Buy PER20x
02/24/11 DMG & Partners Midas 0.745 1.2 Buy PER20x
02/28/11 DMG & Partners Midas 0.75 1.2 Buy
03/01/11 DMG & Partners Midas 0.75 1.2 Buy PER20x
03/25/11 DMG & Partners Midas 0.75 1.2 Buy
04/13/11 DMG & Partners Midas 0.815 0.98 Buy PER18x
02/17/11 Kim Eng Midas 0.865 0.78 Hold PER15x
02/28/11 Kim Eng Midas 0.75 0.76 Hold PER15x
02/16/11 Lim & Tan Midas 0.865 0 Neutral
02/28/11 Lim & Tan Midas 0.75 0 Hold
03/03/11 Lim & Tan Midas 0.76 0 Hold
04/12/11 Lim & Tan Midas 0.815 0 Hold
02/16/11 Nomura Midas 5.33 5.9 Neutral HK
02/28/11 OCBC Midas 0.75 1.1 Buy
02/28/11 phillip Midas 0.75 1.06 Buy
Micro-Mechanics - Buy calls from analysts.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
03/07/11 Amfraser Micro-Mechanics 0.43 0.62 Buy PEG0.6x, PER12x
02/01/11 OCBC Micro-Mechanics 0.495 0.67 Buy PER12x
03/22/11 OCBC Micro-Mechanics 0.43 0.67 Buy PER12x
04/11/11 OCBC Micro-Mechanics 0.46 0.67 Buy PER12x
03/07/11 Amfraser Micro-Mechanics 0.43 0.62 Buy PEG0.6x, PER12x
02/01/11 OCBC Micro-Mechanics 0.495 0.67 Buy PER12x
03/22/11 OCBC Micro-Mechanics 0.43 0.67 Buy PER12x
04/11/11 OCBC Micro-Mechanics 0.46 0.67 Buy PER12x
Mewah - Buy calls from all analysts.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
02/25/11 CIMB Mewah 1.03 1.41 Outperform PER13x
04/01/11 DBS Vickers Mewah 0.975 1.21 Buy PER14x
04/04/11 DBS Vickers Mewah 1.04 1.21 Buy PER14x
04/12/11 DBS Vickers Mewah 1.03 1.21 Buy
04/18/11 DBS Vickers Mewah 0.99 1.21 Buy
03/09/11 DIR Mewah 1 1.15 Outperform PER13.6x
04/18/11 JP Morgan Mewah 0.99 1.3 Overweight Sum of parts
03/23/11 StanChart Mewah 0.92 1.1 Outperform
02/16/11 UOB Kay Hian Mewah 1.06 1.28 Buy
02/17/11 UOB Kay Hian Mewah 1.06 1.28 Buy PER12x
04/04/11 UOB Kay Hian Mewah 1.04 1.27 Buy
02/25/11 CIMB Mewah 1.03 1.41 Outperform PER13x
04/01/11 DBS Vickers Mewah 0.975 1.21 Buy PER14x
04/04/11 DBS Vickers Mewah 1.04 1.21 Buy PER14x
04/12/11 DBS Vickers Mewah 1.03 1.21 Buy
04/18/11 DBS Vickers Mewah 0.99 1.21 Buy
03/09/11 DIR Mewah 1 1.15 Outperform PER13.6x
04/18/11 JP Morgan Mewah 0.99 1.3 Overweight Sum of parts
03/23/11 StanChart Mewah 0.92 1.1 Outperform
02/16/11 UOB Kay Hian Mewah 1.06 1.28 Buy
02/17/11 UOB Kay Hian Mewah 1.06 1.28 Buy PER12x
04/04/11 UOB Kay Hian Mewah 1.04 1.27 Buy
Friday, April 22, 2011
Mermaid Maritime - Not a good stock to invest.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
02/15/11 CIMB Mermaid 0.41 0.41 Underperform PB0.7x
02/28/11 CIMB Mermaid 0.37 0.41 Underperform PB0.7x
04/04/11 CIMB Mermaid 0.355 0.36 Underperform
02/15/11 DBS Vickers Mermaid 0.405 0.46 Hold PB0.8x
04/19/11 DBS Vickers Mermaid 0.38 0.46 Hold
02/15/11 CIMB Mermaid 0.41 0.41 Underperform PB0.7x
02/28/11 CIMB Mermaid 0.37 0.41 Underperform PB0.7x
04/04/11 CIMB Mermaid 0.355 0.36 Underperform
02/15/11 DBS Vickers Mermaid 0.405 0.46 Hold PB0.8x
04/19/11 DBS Vickers Mermaid 0.38 0.46 Hold
Meiban - Hold call by DBS Vickers.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
03/29/11 DBS Vickers Meiban 0.32 0.3 Hold
03/29/11 DBS Vickers Meiban 0.32 0.3 Hold
Megachem - Buy call from NRA.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
02/23/11 NRA Megachem 0.21 0.32 Buy PER8x
02/23/11 NRA Megachem 0.21 0.32 Buy PER8x
Thursday, April 21, 2011
Baltic Dry Index (BDI) - 1262
Quote:
The index was down 0.71 percent or 9 points to 1,262 points, falling for a 17th session to its lowest since Feb. 28.
End Quote.
The index was down 0.71 percent or 9 points to 1,262 points, falling for a 17th session to its lowest since Feb. 28.
End Quote.
Marco Polo - Buy calls from analysts.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
02/10/11 DMG & Partners Marco Polo 0.41 0.605 Buy
02/10/11 Kim Eng Marco Polo 0.41 0.55 Buy
02/10/11 DMG & Partners Marco Polo 0.41 0.605 Buy
02/10/11 Kim Eng Marco Polo 0.41 0.55 Buy
Mapletree Logistics - 6 buy calls.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
03/14/11 CIMB Mapletree Logistics 0.9 1.05 Outperform DDM
03/28/11 Citigroup Mapletree Logistics 0.875 1 Buy
03/09/11 DBS Vickers Mapletree Logistics 0.92 1.07 Buy
03/28/11 DBS Vickers Mapletree Logistics 0.885 1.07 Buy
04/04/11 DBS Vickers Mapletree Logistics 0.905 1.07 Buy
04/13/11 DBS Vickers Mapletree Logistics 0.89 1.07 Buy
02/10/11 Morgan Stanley Mapletree Logistics 0.96 1.1 Overweight
03/03/11 OCBC Mapletree Logistics 0.9 1.03 Buy
03/08/11 OCBC Mapletree Logistics 0.915 1.03 Buy
03/15/11 OCBC Mapletree Logistics 0.88 1.03 Buy
04/12/11 OCBC Mapletree Logistics 0.915 1.01 Buy RNAV
04/11/11 RBS Mapletree Logistics 0.915 1.14 Buy
03/14/11 CIMB Mapletree Logistics 0.9 1.05 Outperform DDM
03/28/11 Citigroup Mapletree Logistics 0.875 1 Buy
03/09/11 DBS Vickers Mapletree Logistics 0.92 1.07 Buy
03/28/11 DBS Vickers Mapletree Logistics 0.885 1.07 Buy
04/04/11 DBS Vickers Mapletree Logistics 0.905 1.07 Buy
04/13/11 DBS Vickers Mapletree Logistics 0.89 1.07 Buy
02/10/11 Morgan Stanley Mapletree Logistics 0.96 1.1 Overweight
03/03/11 OCBC Mapletree Logistics 0.9 1.03 Buy
03/08/11 OCBC Mapletree Logistics 0.915 1.03 Buy
03/15/11 OCBC Mapletree Logistics 0.88 1.03 Buy
04/12/11 OCBC Mapletree Logistics 0.915 1.01 Buy RNAV
04/11/11 RBS Mapletree Logistics 0.915 1.14 Buy
Mapletree Industrial - Buy calls from analysts.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
02/18/11 CIMB Mapletree Industrial 1.09 1.24 Outperform DDM
03/09/11 DBS Vickers Mapletree Industrial 1.05 1.18 Buy
04/13/11 DBS Vickers Mapletree Industrial 1.06 1.16 Buy
02/18/11 CIMB Mapletree Industrial 1.09 1.24 Outperform DDM
03/09/11 DBS Vickers Mapletree Industrial 1.05 1.18 Buy
04/13/11 DBS Vickers Mapletree Industrial 1.06 1.16 Buy
Wednesday, April 20, 2011
M1 - Mixed calls from analysts.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
04/12/11 CIMB M1 2.39 2.65 Neutral DCF
04/18/11 CIMB M1 2.41 2.63 Neutral DCF
04/18/11 DBS Vickers M1 2.41 2.6 Buy DCF
04/18/11 DMG & Partners M1 2.41 2.85 Buy DCF
04/18/11 HSBC M1 2.41 2.48 Underweight
04/01/11 Kim Eng M1 2.41 2.88 Buy
04/18/11 Kim Eng M1 2.41 2.88 Buy PER16x
04/04/11 OCBC M1 2.42 2.79 Buy
04/12/11 CIMB M1 2.39 2.65 Neutral DCF
04/18/11 CIMB M1 2.41 2.63 Neutral DCF
04/18/11 DBS Vickers M1 2.41 2.6 Buy DCF
04/18/11 DMG & Partners M1 2.41 2.85 Buy DCF
04/18/11 HSBC M1 2.41 2.48 Underweight
04/01/11 Kim Eng M1 2.41 2.88 Buy
04/18/11 Kim Eng M1 2.41 2.88 Buy PER16x
04/04/11 OCBC M1 2.42 2.79 Buy
Longcheer - Sell this China phone maker!
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
02/10/11 Lim & Tan Longcheer 0.355 0 Sell/Avoid
04/18/11 Lim & Tan Longcheer 0.32 0 Sell
02/10/11 Lim & Tan Longcheer 0.355 0 Sell/Avoid
04/18/11 Lim & Tan Longcheer 0.32 0 Sell
Lippo-Mapletree Indo - Buy call from OCBC.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
02/17/11 OCBC Lippo-Mapletree Indo 0.54 0.59 Buy
03/03/11 OCBC Lippo-Mapletree Indo 0.53 0.59 Buy
03/25/11 OCBC Lippo-Mapletree Indo 0.54 0.59 Buy
02/17/11 OCBC Lippo-Mapletree Indo 0.54 0.59 Buy
03/03/11 OCBC Lippo-Mapletree Indo 0.53 0.59 Buy
03/25/11 OCBC Lippo-Mapletree Indo 0.54 0.59 Buy
Tuesday, April 19, 2011
Lian beng - Buy call from DMG.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
04/05/11 DMG & Partners Lian Beng 0.315 0.61 Buy
04/18/11 DMG & Partners Lian Beng 0.36 0.67 Buy PER7x
04/05/11 DMG & Partners Lian Beng 0.315 0.61 Buy
04/18/11 DMG & Partners Lian Beng 0.36 0.67 Buy PER7x
Li Heng - Kim Eng has ceased coverage for this counter.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
05/17/10 Kim Eng Li Heng 0.24 0.35 Buy PER10x
07/05/10 Kim Eng Li Heng 0.215 0.35 Buy PER10x
11/10/10 Kim Eng Li Heng 0.225 0.24 Hold PER9x
03/15/11 Kim Eng Li Heng 0.16 0 Cease Coverage
04/15/10 OCBC Li Heng 0.3 0.34 Buy DCF
05/17/10 OCBC Li Heng 0.24 0.34 Buy
06/28/10 OCBC Li Heng 0.225 0.32 Buy DCF
08/16/10 OCBC Li Heng 0.215 0.32 Buy DCF
09/02/10 OCBC Li Heng 0.19 0.32 Buy
05/17/10 Kim Eng Li Heng 0.24 0.35 Buy PER10x
07/05/10 Kim Eng Li Heng 0.215 0.35 Buy PER10x
11/10/10 Kim Eng Li Heng 0.225 0.24 Hold PER9x
03/15/11 Kim Eng Li Heng 0.16 0 Cease Coverage
04/15/10 OCBC Li Heng 0.3 0.34 Buy DCF
05/17/10 OCBC Li Heng 0.24 0.34 Buy
06/28/10 OCBC Li Heng 0.225 0.32 Buy DCF
08/16/10 OCBC Li Heng 0.215 0.32 Buy DCF
09/02/10 OCBC Li Heng 0.19 0.32 Buy
Leader Environment - Buy call from DMG.
Data/Research House/Stock/Last Done/Target Price/Call/Valuation Method
03/02/11 DMG & Partners Leader Environment 0.22 0.53 Buy PER10x
04/14/11 DMG & Partners Leader Environment 0.27 0.56 Buy PATMI 10x
03/02/11 DMG & Partners Leader Environment 0.22 0.53 Buy PER10x
04/14/11 DMG & Partners Leader Environment 0.27 0.56 Buy PATMI 10x
Monday, April 18, 2011
KSH - DMG likes this stock.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
02/18/11 DMG & Partners KSH 0.25 0.31 Buy Sum of parts
03/10/11 DMG & Partners KSH 0.24 0.31 Buy
02/18/11 DMG & Partners KSH 0.25 0.31 Buy Sum of parts
03/10/11 DMG & Partners KSH 0.24 0.31 Buy
KS Energy - OCBC doesn't like this stock but DnB Nor likes it.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
03/10/11 DnB Nor KS Energy 0.89 1.4 Buy
02/25/11 OCBC KS Energy 0.865 0.91 Hold NTA
03/04/11 OCBC KS Energy 0.88 0.91 Hold
03/15/11 OCBC KS Energy 0.885 0.91 Hold
04/14/11 OCBC KS Energy 1.03 0.91 Hold
03/10/11 DnB Nor KS Energy 0.89 1.4 Buy
02/25/11 OCBC KS Energy 0.865 0.91 Hold NTA
03/04/11 OCBC KS Energy 0.88 0.91 Hold
03/15/11 OCBC KS Energy 0.885 0.91 Hold
04/14/11 OCBC KS Energy 1.03 0.91 Hold
Kreuz - Buy call from DnB Nor.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
03/10/11 DnB Nor Kreuz 0.37 0.5 Buy DCF
03/10/11 DnB Nor Kreuz 0.37 0.5 Buy DCF
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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)
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
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
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
Monday, April 11, 2011
Baltic Dry Index (BDI) - 1376
Quote:
The index fell 1.78 per cent or 25 points to 1,376 points on Friday, in a ninth straight fall, and was at its lowest since March 4.
End Quote.
The index fell 1.78 per cent or 25 points to 1,376 points on Friday, in a ninth straight fall, and was at its lowest since March 4.
End Quote.
Hong Leong Asia (HL Asia) - Mixed calls from analysts.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
01/28/11 CIMB Hong Leong Asia 2.93 3.23 Underperform
03/02/11 CIMB Hong Leong Asia 2.84 3.01 Underperform Sum of parts
03/02/11 DMG & Partners Hong Leong Asia 2.84 3.7 Buy RNAV (20% discount)
03/03/11 DMG & Partners Hong Leong Asia 2.77 3.7 Buy Sum of parts (20% discount)
01/28/11 CIMB Hong Leong Asia 2.93 3.23 Underperform
03/02/11 CIMB Hong Leong Asia 2.84 3.01 Underperform Sum of parts
03/02/11 DMG & Partners Hong Leong Asia 2.84 3.7 Buy RNAV (20% discount)
03/03/11 DMG & Partners Hong Leong Asia 2.77 3.7 Buy Sum of parts (20% discount)
Ho Bee - Mixed calls from analysts.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
02/25/11 CIMB Ho Bee 1.31 1.85 Outperform RNAV (25% discount)
03/16/11 DBS Vickers Ho Bee 1.36 1.93 Buy
12/23/10 DIR Ho Bee 1.57 1.92 Hold
03/09/11 DMG & Partners Ho Bee 2.96 3.61 Buy
02/25/11 Kim Eng Ho Bee 1.31 2.01 Buy
02/25/11 phillip Ho Bee 1.31 1.42 Hold
02/25/11 CIMB Ho Bee 1.31 1.85 Outperform RNAV (25% discount)
03/16/11 DBS Vickers Ho Bee 1.36 1.93 Buy
12/23/10 DIR Ho Bee 1.57 1.92 Hold
03/09/11 DMG & Partners Ho Bee 2.96 3.61 Buy
02/25/11 Kim Eng Ho Bee 1.31 2.01 Buy
02/25/11 phillip Ho Bee 1.31 1.42 Hold
Hi-P - Analysts love this stock.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
02/23/11 Credit Suisse Hi-P 1.11 1.4 Outperform
02/22/11 DBS Vickers Hi-P 1.12 1.43 Buy
02/23/11 DBS Vickers Hi-P 1.11 1.43 Buy PER11x
03/03/11 DBS Vickers Hi-P 1.2 1.43 Buy PER11x
03/29/11 DBS Vickers Hi-P 1.15 1.43 Buy PER11x
02/24/11 DMG & Partners Hi-P 1.11 1.28 Buy PER13.2x
02/22/11 Lim & Tan Hi-P 1.12 0 Buy
02/24/11 Lim & Tan Hi-P 1.11 0 Buy
02/25/11 Lim & Tan Hi-P 1.17 0 Buy
03/01/11 Lim & Tan Hi-P 1.2 0 Buy
03/04/11 Lim & Tan Hi-P 1.22 0 Buy
03/15/11 Lim & Tan Hi-P 1.15 0 Buy
03/18/11 Lim & Tan Hi-P 1.04 0 Buy Buy on weakness
03/28/11 Lim & Tan Hi-P 1.14 0 Buy
02/23/11 Credit Suisse Hi-P 1.11 1.4 Outperform
02/22/11 DBS Vickers Hi-P 1.12 1.43 Buy
02/23/11 DBS Vickers Hi-P 1.11 1.43 Buy PER11x
03/03/11 DBS Vickers Hi-P 1.2 1.43 Buy PER11x
03/29/11 DBS Vickers Hi-P 1.15 1.43 Buy PER11x
02/24/11 DMG & Partners Hi-P 1.11 1.28 Buy PER13.2x
02/22/11 Lim & Tan Hi-P 1.12 0 Buy
02/24/11 Lim & Tan Hi-P 1.11 0 Buy
02/25/11 Lim & Tan Hi-P 1.17 0 Buy
03/01/11 Lim & Tan Hi-P 1.2 0 Buy
03/04/11 Lim & Tan Hi-P 1.22 0 Buy
03/15/11 Lim & Tan Hi-P 1.15 0 Buy
03/18/11 Lim & Tan Hi-P 1.04 0 Buy Buy on weakness
03/28/11 Lim & Tan Hi-P 1.14 0 Buy
Sunday, April 10, 2011
Hiap Seng - Buy call from CIMB but fully valued by DBS Vickers.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
02/08/11 CIMB Hiap Seng 0.57 0.7 Trading Buy PER7.5x
02/14/11 CIMB Hiap Seng 0.56 0.67 Trading Buy PER7.5x
04/01/11 CIMB Hiap Seng 0.5 0.67 Trading Buy
02/08/11 DBS Vickers Hiap Seng 0.565 0.56 Fully Valued Sum of parts
02/14/11 DBS Vickers Hiap Seng 0.555 0.56 Fully Valued
02/08/11 CIMB Hiap Seng 0.57 0.7 Trading Buy PER7.5x
02/14/11 CIMB Hiap Seng 0.56 0.67 Trading Buy PER7.5x
04/01/11 CIMB Hiap Seng 0.5 0.67 Trading Buy
02/08/11 DBS Vickers Hiap Seng 0.565 0.56 Fully Valued Sum of parts
02/14/11 DBS Vickers Hiap Seng 0.555 0.56 Fully Valued
Hersing - Target price was downgraded by Phillip.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
02/28/11 phillip Hersing 0.27 0.32 Buy
02/28/11 phillip Hersing 0.27 0.32 Buy
Guocoland - Hold call from DBS Vickers.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
03/16/11 DBS Vickers Guocoland 2.45 2.08 Hold
03/16/11 DBS Vickers Guocoland 2.45 2.08 Hold
Saturday, April 9, 2011
Goodpack - Mixed calls from analysts.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
02/15/11 CIMB Goodpack 2.21 2.19 Underperform PER19x
03/11/11 CIMB Goodpack 1.96 2.19 Neutral PER19x
03/15/11 DBS Vickers Goodpack 1.86 2.25 Buy DCF & PER14.7x
03/21/11 DBS Vickers Goodpack 1.74 2.25 Buy
02/15/11 DMG & Partners Goodpack 2.21 2.12 Neutral DCF
03/21/11 DMG & Partners Goodpack 1.74 2 Buy
03/22/11 DMG & Partners Goodpack 1.74 2 Buy DCF
02/16/11 IIFL Goodpack 2.25 2.28 Reduce
02/15/11 Kim Eng Goodpack 2.21 2.48 Buy PER25x
03/21/11 Kim Eng Goodpack 1.74 2.42 Buy PER25x
02/15/11 OCBC Goodpack 2.21 2.28 Under Review
02/15/11 CIMB Goodpack 2.21 2.19 Underperform PER19x
03/11/11 CIMB Goodpack 1.96 2.19 Neutral PER19x
03/15/11 DBS Vickers Goodpack 1.86 2.25 Buy DCF & PER14.7x
03/21/11 DBS Vickers Goodpack 1.74 2.25 Buy
02/15/11 DMG & Partners Goodpack 2.21 2.12 Neutral DCF
03/21/11 DMG & Partners Goodpack 1.74 2 Buy
03/22/11 DMG & Partners Goodpack 1.74 2 Buy DCF
02/16/11 IIFL Goodpack 2.25 2.28 Reduce
02/15/11 Kim Eng Goodpack 2.21 2.48 Buy PER25x
03/21/11 Kim Eng Goodpack 1.74 2.42 Buy PER25x
02/15/11 OCBC Goodpack 2.21 2.28 Under Review
Golden Agri - 4 buy call, 1 hold call & 1 sell call.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
01/28/11 CIMB Golden Agri 0.72 0.88 Trading Buy
03/01/11 CIMB Golden Agri 0.65 0.85 Outperform PER16x
03/04/11 CLSA Golden Agri 0.7 0.87 Buy
03/07/11 CLSA Golden Agri 0.7 0.87 Buy
03/01/11 DMG & Partners Golden Agri 0.65 0.83 Buy
03/31/11 DMG & Partners Golden Agri 0.695 0.83 Buy
02/08/11 OCBC Golden Agri 0.72 0.91 Buy
03/01/11 OCBC Golden Agri 0.65 0.88 Buy PER17x
03/21/11 OCBC Golden Agri 0.64 0.88 Buy PER17x
02/11/11 phillip Golden Agri 0.715 0.74 Hold
03/01/11 phillip Golden Agri 0.65 0.74 Hold DCF
03/01/11 UOB Kay Hian Golden Agri 0.695 0.73 Hold
04/04/11 UOB Kay Hian Golden Agri 0.705 0.62 Sell
01/28/11 CIMB Golden Agri 0.72 0.88 Trading Buy
03/01/11 CIMB Golden Agri 0.65 0.85 Outperform PER16x
03/04/11 CLSA Golden Agri 0.7 0.87 Buy
03/07/11 CLSA Golden Agri 0.7 0.87 Buy
03/01/11 DMG & Partners Golden Agri 0.65 0.83 Buy
03/31/11 DMG & Partners Golden Agri 0.695 0.83 Buy
02/08/11 OCBC Golden Agri 0.72 0.91 Buy
03/01/11 OCBC Golden Agri 0.65 0.88 Buy PER17x
03/21/11 OCBC Golden Agri 0.64 0.88 Buy PER17x
02/11/11 phillip Golden Agri 0.715 0.74 Hold
03/01/11 phillip Golden Agri 0.65 0.74 Hold DCF
03/01/11 UOB Kay Hian Golden Agri 0.695 0.73 Hold
04/04/11 UOB Kay Hian Golden Agri 0.705 0.62 Sell
GMG - BofA loves rubber plantation.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
01/26/11 BofA GMG 0.285 0.5 Buy PER15.5x
01/26/11 BofA GMG 0.285 0.5 Buy PER15.5x
Friday, April 8, 2011
Global Palm Resources - OCBC doesn't like this stock that it has downgraded its target price.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
01/26/11 OCBC Global Palm Resources 0.355 0.4 Hold PER18x
03/04/11 OCBC Global Palm Resources 0.345 0.365 Hold PER18x
01/26/11 OCBC Global Palm Resources 0.355 0.4 Hold PER18x
03/04/11 OCBC Global Palm Resources 0.345 0.365 Hold PER18x
Global Logistics - Buy calls from analysts.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
02/15/11 DBS Vickers Global Logistics 1.96 2.76 Buy Sum of parts
03/16/11 DBS Vickers Global Logistics 1.88 2.76 Buy
02/14/11 JP Morgan Global Logistics 1.93 0 Overweight
02/15/11 DBS Vickers Global Logistics 1.96 2.76 Buy Sum of parts
03/16/11 DBS Vickers Global Logistics 1.88 2.76 Buy
02/14/11 JP Morgan Global Logistics 1.93 0 Overweight
Genting HK - 3 buy calls & 2 sell calls.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
04/07/11 CIMB Genting Hong Kong 0.42 0.48 Outperform Sum of parts
03/25/11 Credit Suisse Genting Hong Kong 0.42 0.37 Sell PER22.2x, EV/Ebitda 10.9x
03/14/11 Kim Eng Genting Hong Kong 0.395 0.54 Buy Sum of parts
03/25/11 Kim Eng Genting Hong Kong 0.42 0.54 Buy Sum of parts
01/24/11 Macquarie Genting Hong Kong 0.47 0.6 Outperform
03/28/11 UOB Kay Hian Genting Hong Kong 0.42 0.37 Sell
04/07/11 CIMB Genting Hong Kong 0.42 0.48 Outperform Sum of parts
03/25/11 Credit Suisse Genting Hong Kong 0.42 0.37 Sell PER22.2x, EV/Ebitda 10.9x
03/14/11 Kim Eng Genting Hong Kong 0.395 0.54 Buy Sum of parts
03/25/11 Kim Eng Genting Hong Kong 0.42 0.54 Buy Sum of parts
01/24/11 Macquarie Genting Hong Kong 0.47 0.6 Outperform
03/28/11 UOB Kay Hian Genting Hong Kong 0.42 0.37 Sell
Thursday, April 7, 2011
Genting - 9 buy calls & 3 hold calls.
01/24/11 CIMB Genting 2.15 2.7 Outperform Sum of parts
01/25/11 CIMB Genting 2.12 2.7 Outperform Sum of parts
01/28/11 CIMB Genting 2.06 2.7 Outperform
02/09/11 CIMB Genting 2.09 2.7 Outperform Sum of parts
02/23/11 CIMB Genting 1.98 2.7 Outperform Sum of parts
02/07/11 Citigroup Genting 2.13 2.6 Buy
01/28/11 Credit Suisse Genting 2.04 0 Outperform
02/11/11 Credit Suisse Genting 2.03 2.65 Outperform
03/30/11 DBS Vickers Genting 2 2.7 Buy Sum of parts
02/23/11 DMG & Partners Genting 1.98 2.51 Buy
01/28/11 HSBC Genting 2.06 1.95 Underweight EV/Ebitda
02/24/11 HSBC Genting 1.98 2.16 Neutral
02/23/11 JP Morgan Genting 1.98 2.15 Neutral
02/22/11 Lim & Tan Genting 2 0 Buy
02/21/11 OCBC Genting 2.01 2.53 Buy
02/23/11 OCBC Genting 1.98 2.53 Buy DCF
03/31/11 OCBC Genting 2.07 2.53 Buy DCF
02/22/11 phillip Genting 1.99 2.36 Buy
02/07/11 UBS Genting 2.13 2.39 Neutral
03/23/11 UBS Genting 1.93 2.3 Buy EV/Ebitda 15x
02/23/11 UOB Kay Hian Genting 1.98 1.94 Hold
01/25/11 CIMB Genting 2.12 2.7 Outperform Sum of parts
01/28/11 CIMB Genting 2.06 2.7 Outperform
02/09/11 CIMB Genting 2.09 2.7 Outperform Sum of parts
02/23/11 CIMB Genting 1.98 2.7 Outperform Sum of parts
02/07/11 Citigroup Genting 2.13 2.6 Buy
01/28/11 Credit Suisse Genting 2.04 0 Outperform
02/11/11 Credit Suisse Genting 2.03 2.65 Outperform
03/30/11 DBS Vickers Genting 2 2.7 Buy Sum of parts
02/23/11 DMG & Partners Genting 1.98 2.51 Buy
01/28/11 HSBC Genting 2.06 1.95 Underweight EV/Ebitda
02/24/11 HSBC Genting 1.98 2.16 Neutral
02/23/11 JP Morgan Genting 1.98 2.15 Neutral
02/22/11 Lim & Tan Genting 2 0 Buy
02/21/11 OCBC Genting 2.01 2.53 Buy
02/23/11 OCBC Genting 1.98 2.53 Buy DCF
03/31/11 OCBC Genting 2.07 2.53 Buy DCF
02/22/11 phillip Genting 1.99 2.36 Buy
02/07/11 UBS Genting 2.13 2.39 Neutral
03/23/11 UBS Genting 1.93 2.3 Buy EV/Ebitda 15x
02/23/11 UOB Kay Hian Genting 1.98 1.94 Hold
Gallant Venture - Buy calls from analysts.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
04/06/11 DBS Vickers Gallant Venture 0.43 0.88 Buy Sum of parts
01/27/11 Kim Eng Gallant Venture 0.42 0.75 Buy Sum of parts
02/15/11 Kim Eng Gallant Venture 0.39 0.75 Buy Sum of parts
04/06/11 DBS Vickers Gallant Venture 0.43 0.88 Buy Sum of parts
01/27/11 Kim Eng Gallant Venture 0.42 0.75 Buy Sum of parts
02/15/11 Kim Eng Gallant Venture 0.39 0.75 Buy Sum of parts
Fuxing China - Buy calls from analysts.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
02/03/11 NRA Fuxing China 0.165 0.28 Overweight PER11x
03/02/11 DMG & Partners Fuxing China 0.17 0.255 Buy PER9x
02/03/11 NRA Fuxing China 0.165 0.28 Overweight PER11x
03/02/11 DMG & Partners Fuxing China 0.17 0.255 Buy PER9x
Wednesday, April 6, 2011
Frasers Commercial Trust (FCOT) - How is this trust faring after shares consolidation?
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
03/09/11 DBS Vickers Frasers Commercial Trust 0.82 1.05 Buy
01/28/11 OCBC Frasers Commercial Trust 0.17 0.18 Buy RNAV (40% discount), Div Yield 7.26%
02/10/11 OCBC Frasers Commercial Trust 0.86 0.9 Buy
02/11/11 OCBC Frasers Commercial Trust 0.85 0.92 Buy RNAV (40% discount)
03/03/11 OCBC Frasers Commercial Trust 0.805 0.92 Buy
03/15/11 OCBC Frasers Commercial Trust 0.79 0.92 Buy Under Review
03/25/11 OCBC Frasers Commercial Trust 0.785 0.92 Buy
01/31/11 phillip Frasers Commercial Trust 0.17 0.18 Hold
03/09/11 DBS Vickers Frasers Commercial Trust 0.82 1.05 Buy
01/28/11 OCBC Frasers Commercial Trust 0.17 0.18 Buy RNAV (40% discount), Div Yield 7.26%
02/10/11 OCBC Frasers Commercial Trust 0.86 0.9 Buy
02/11/11 OCBC Frasers Commercial Trust 0.85 0.92 Buy RNAV (40% discount)
03/03/11 OCBC Frasers Commercial Trust 0.805 0.92 Buy
03/15/11 OCBC Frasers Commercial Trust 0.79 0.92 Buy Under Review
03/25/11 OCBC Frasers Commercial Trust 0.785 0.92 Buy
01/31/11 phillip Frasers Commercial Trust 0.17 0.18 Hold
Frasers Centrepoint Trust (FCT) - OCBC put a hold on this stock while others put a buy.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
01/25/11 CIMB Frasers Centrepoint Trust 1.52 1.86 Outperform DDM
03/23/11 CIMB Frasers Centrepoint Trust 1.45 1.86 Outperform DDM
01/25/11 DBS Vickers Frasers Centrepoint Trust 1.52 1.73 Buy
03/09/11 DBS Vickers Frasers Centrepoint Trust 1.51 1.73 Buy
03/23/11 DBS Vickers Frasers Centrepoint Trust 1.45 1.73 Buy
01/25/11 DMG & Partners Frasers Centrepoint Trust 1.52 1.73 Buy DDM
01/25/11 OCBC Frasers Centrepoint Trust 1.52 1.58 Hold
03/25/11 OCBC Frasers Centrepoint Trust 1.46 1.58 Hold
01/25/11 CIMB Frasers Centrepoint Trust 1.52 1.86 Outperform DDM
03/23/11 CIMB Frasers Centrepoint Trust 1.45 1.86 Outperform DDM
01/25/11 DBS Vickers Frasers Centrepoint Trust 1.52 1.73 Buy
03/09/11 DBS Vickers Frasers Centrepoint Trust 1.51 1.73 Buy
03/23/11 DBS Vickers Frasers Centrepoint Trust 1.45 1.73 Buy
01/25/11 DMG & Partners Frasers Centrepoint Trust 1.52 1.73 Buy DDM
01/25/11 OCBC Frasers Centrepoint Trust 1.52 1.58 Hold
03/25/11 OCBC Frasers Centrepoint Trust 1.46 1.58 Hold
Fortune Reit - Not a fortune afterall.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
03/15/11 Goldman Sachs Fortune Reit 3.95 4.6 Neutral
03/15/11 Goldman Sachs Fortune Reit 3.95 4.6 Neutral
Tuesday, April 5, 2011
Foreland Fabritech - Buy call from NRA.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
03/02/11 NRA Foreland Fabritech 0.13 0.185 Buy PER7x
03/02/11 NRA Foreland Fabritech 0.13 0.185 Buy PER7x
FJ Benjamin - Mixed calls from analysts.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
02/10/11 DMG & Partners FJ Benjamin 0.405 0.52 Buy
02/10/11 Kim Eng FJ Benjamin 0.405 0.62 Buy DCF
02/22/11 UOB Kay Hian FJ Benjamin 0.385 0.425 Hold
02/10/11 DMG & Partners FJ Benjamin 0.405 0.52 Buy
02/10/11 Kim Eng FJ Benjamin 0.405 0.62 Buy DCF
02/22/11 UOB Kay Hian FJ Benjamin 0.385 0.425 Hold
First Ship Lease Trust - Target price was downgraded by DBS Vickers.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
01/21/11 DBS Vickers First Ship Lease Trust 0.47 0.45 Hold
01/21/11 DBS Vickers First Ship Lease Trust 0.47 0.45 Hold
Monday, April 4, 2011
First Resources - Phillip doesn't like this resources stock.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
01/21/11 DBS Vickers First Resources 1.45 1.55 Hold DCF
03/02/11 DBS Vickers First Resources 1.34 1.65 Buy DCF
01/25/11 DMG & Partners First Resources 1.41 2.05 Buy
03/04/11 DMG & Partners First Resources 1.32 1.77 Buy PER15x
01/21/11 phillip First Resources 1.45 1.53 Hold DCF
03/03/11 phillip First Resources 1.32 1.47 Hold DCF
04/04/11 UOB Kay Hian First Resources 1.36 1.6 Buy
01/21/11 DBS Vickers First Resources 1.45 1.55 Hold DCF
03/02/11 DBS Vickers First Resources 1.34 1.65 Buy DCF
01/25/11 DMG & Partners First Resources 1.41 2.05 Buy
03/04/11 DMG & Partners First Resources 1.32 1.77 Buy PER15x
01/21/11 phillip First Resources 1.45 1.53 Hold DCF
03/03/11 phillip First Resources 1.32 1.47 Hold DCF
04/04/11 UOB Kay Hian First Resources 1.36 1.6 Buy
First Reit - Target price was downgraded by OCBC but retained buy call.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
01/24/11 OCBC First Reit 0.76 0.84 Buy
01/25/11 OCBC First Reit 0.765 0.82 Buy RNAV
02/18/11 OCBC First Reit 0.74 0.82 Buy Div Yield 8.6%
02/25/11 OCBC First Reit 0.725 0.82 Under Review
02/28/11 OCBC First Reit 0.73 0.8 Buy RNAV, Div Yield 8.5%
03/10/11 OCBC First Reit 0.74 0.8 Buy
01/24/11 OCBC First Reit 0.76 0.84 Buy
01/25/11 OCBC First Reit 0.765 0.82 Buy RNAV
02/18/11 OCBC First Reit 0.74 0.82 Buy Div Yield 8.6%
02/25/11 OCBC First Reit 0.725 0.82 Under Review
02/28/11 OCBC First Reit 0.73 0.8 Buy RNAV, Div Yield 8.5%
03/10/11 OCBC First Reit 0.74 0.8 Buy
Falcon Energy - Downgraded by Kim Eng.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
02/28/11 Kim Eng Falcon Energy 0.375 0.41 Hold PER10x
02/28/11 Kim Eng Falcon Energy 0.375 0.41 Hold PER10x
Sunday, April 3, 2011
Market Analyses for US market (Dow Jones Industrial Average Index), Japan market (Nikkei 225 Index), Hong Kong market (Hang Seng Index) & Singapore market (Straits Times Index)
The charts above dated 1/4/2011 show that US, HK and SG markets have fund outflows except JP which has fund inflows. SG market is in a precarious position as a recent business times article reported that trading volume was very low for SG and speculated that people bet in casino instead of in the stock market. With lesser funds flowing into SG market, STI has a high chance of falling.
F&N - DMG doesn't like this beverage & property stock.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
03/17/11 CIMB F & N 5.42 6.84 Outperform Sum of parts (10% discount)
02/08/11 DBS Vickers F & N 6.06 7 Buy
02/11/11 DBS Vickers F & N 6.06 7 Buy RNAV (5% discount)
02/16/11 DBS Vickers F & N 6 7 Buy RNAV
03/09/11 DBS Vickers F & N 5.85 7 Buy
03/21/11 DBS Vickers F & N 5.36 7 Buy
02/11/11 DMG & Partners F & N 6.06 6.33 Neutral
02/17/11 DMG & Partners F & N 6 6.33 Neutral RNAV
02/14/11 HSBC F & N 6.02 6.77 Overweight
02/11/11 Kim Eng F & N 6.06 8.94 Buy Sum of parts
03/09/11 Kim Eng F & N 5.85 8.54 Buy Sum of parts
02/08/11 Lim & Tan F & N 6.06 0 Buy
03/17/11 CIMB F & N 5.42 6.84 Outperform Sum of parts (10% discount)
02/08/11 DBS Vickers F & N 6.06 7 Buy
02/11/11 DBS Vickers F & N 6.06 7 Buy RNAV (5% discount)
02/16/11 DBS Vickers F & N 6 7 Buy RNAV
03/09/11 DBS Vickers F & N 5.85 7 Buy
03/21/11 DBS Vickers F & N 5.36 7 Buy
02/11/11 DMG & Partners F & N 6.06 6.33 Neutral
02/17/11 DMG & Partners F & N 6 6.33 Neutral RNAV
02/14/11 HSBC F & N 6.02 6.77 Overweight
02/11/11 Kim Eng F & N 6.06 8.94 Buy Sum of parts
03/09/11 Kim Eng F & N 5.85 8.54 Buy Sum of parts
02/08/11 Lim & Tan F & N 6.06 0 Buy
Ezra - DnB Nor hated this marine stock to the core.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
03/02/11 CIMB Ezra 1.62 3 Outperform Sum of parts
03/04/11 CIMB Ezra 1.68 3 Outperform Sum of parts
03/02/11 DMG & Partners Ezra 1.62 2.4 Buy PER15x
03/10/11 DnB Nor Ezra 1.78 1.45 Sell
03/02/11 OCBC Ezra 1.62 2.2 Buy
03/02/11 OCBC Ezra 1.62 2.2 Buy
03/04/11 OCBC Ezra 1.68 2.2 Buy
03/15/11 OCBC Ezra 1.71 2.2 Buy
03/31/11 UOB Kay Hian Ezra 1.76 2.1 Buy
03/02/11 CIMB Ezra 1.62 3 Outperform Sum of parts
03/04/11 CIMB Ezra 1.68 3 Outperform Sum of parts
03/02/11 DMG & Partners Ezra 1.62 2.4 Buy PER15x
03/10/11 DnB Nor Ezra 1.78 1.45 Sell
03/02/11 OCBC Ezra 1.62 2.2 Buy
03/02/11 OCBC Ezra 1.62 2.2 Buy
03/04/11 OCBC Ezra 1.68 2.2 Buy
03/15/11 OCBC Ezra 1.71 2.2 Buy
03/31/11 UOB Kay Hian Ezra 1.76 2.1 Buy
Ezion - Buy calls from all analysts.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
02/25/11 CIMB Ezion 0.625 1.31 Outperform PER12x
03/15/11 CIMB Ezion 0.65 1.03 Outperform PER11x
02/25/11 DBS Vickers Ezion 0.625 0.92 Buy PER12x
03/28/11 DBS Vickers Ezion 0.665 0.92 Buy
02/25/11 DMG & Partners Ezion 0.625 0.92 Buy PER12x
03/10/11 DnB Nor Ezion 0.67 0.9 Buy DCF
02/25/11 Kim Eng Ezion 0.625 0.99 Buy PEG 0.5x, PER12.5x
02/24/11 OCBC Ezion 0.625 0.82 Under Review
02/25/11 OCBC Ezion 0.625 0.84 Buy PER11x
03/04/11 OCBC Ezion 0.65 0.84 Buy
03/15/11 OCBC Ezion 0.65 0.84 Buy
03/31/11 OCBC Ezion 0.665 0.79 Buy
03/31/11 UOB Kay Hian Ezion 0.665 0.9 Buy
02/25/11 CIMB Ezion 0.625 1.31 Outperform PER12x
03/15/11 CIMB Ezion 0.65 1.03 Outperform PER11x
02/25/11 DBS Vickers Ezion 0.625 0.92 Buy PER12x
03/28/11 DBS Vickers Ezion 0.665 0.92 Buy
02/25/11 DMG & Partners Ezion 0.625 0.92 Buy PER12x
03/10/11 DnB Nor Ezion 0.67 0.9 Buy DCF
02/25/11 Kim Eng Ezion 0.625 0.99 Buy PEG 0.5x, PER12.5x
02/24/11 OCBC Ezion 0.625 0.82 Under Review
02/25/11 OCBC Ezion 0.625 0.84 Buy PER11x
03/04/11 OCBC Ezion 0.65 0.84 Buy
03/15/11 OCBC Ezion 0.65 0.84 Buy
03/31/11 OCBC Ezion 0.665 0.79 Buy
03/31/11 UOB Kay Hian Ezion 0.665 0.9 Buy
Saturday, April 2, 2011
Baltic Dry Index (BDI) - 1520
Quote:
The index fell 0.65 per cent or 10 points to 1,520 points.
End Quote.
The index fell 0.65 per cent or 10 points to 1,520 points.
End Quote.
Etika - Hold call by NRA.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
02/24/11 NRA Etika 0.36 0.355 Hold PER15.4x
02/24/11 NRA Etika 0.36 0.355 Hold PER15.4x
Equation - Hold call by NRA.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
02/16/11 NRA Equation 0.05 0.04 Hold Ebitda 6x
02/16/11 NRA Equation 0.05 0.04 Hold Ebitda 6x
Epicentre - DMG likes apple products.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
02/08/11 DMG & Partners Epicentre 0.37 0.51 Buy PER8x
02/15/11 DMG & Partners Epicentre 0.4 0.68 Buy PER8x
03/14/11 DMG & Partners Epicentre 0.46 0.68 Buy PER8x
02/08/11 DMG & Partners Epicentre 0.37 0.51 Buy PER8x
02/15/11 DMG & Partners Epicentre 0.4 0.68 Buy PER8x
03/14/11 DMG & Partners Epicentre 0.46 0.68 Buy PER8x
Friday, April 1, 2011
Baltic Dry Index (BDI) - 1545
Quote:
The Baltic Dry Index has dropped 48 per cent in the past year. The index fell by 1.72 per cent or 27 points from Tuesday to 1,545 points.
End Quote.
The Baltic Dry Index has dropped 48 per cent in the past year. The index fell by 1.72 per cent or 27 points from Tuesday to 1,545 points.
End Quote.
Elec & Eltek - CIMB likes this stock but not Lim & Tan.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
02/25/11 CIMB Elec & Eltek 3.45 4.03 Outperform
02/25/11 Lim & Tan Elec & Eltek 3.45 0 Hold
03/21/11 Lim & Tan Elec & Eltek 3.27 0 Neutral
02/25/11 CIMB Elec & Eltek 3.45 4.03 Outperform
02/25/11 Lim & Tan Elec & Eltek 3.45 0 Hold
03/21/11 Lim & Tan Elec & Eltek 3.27 0 Neutral
ECS - Buy calls from analysts.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
02/14/11 NRA ECS 0.845 1.42 Buy PER10x
02/28/11 NRA ECS 0.865 1.37 Buy PER10x
03/21/11 UOB Kay Hian ECS 0.83 1.18 Buy
02/14/11 NRA ECS 0.845 1.42 Buy PER10x
02/28/11 NRA ECS 0.865 1.37 Buy PER10x
03/21/11 UOB Kay Hian ECS 0.83 1.18 Buy
DMX - Neutral call by NRA.
Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method
03/21/11 NRA DMX 0.35 0.37 Neutral 17x
03/21/11 NRA DMX 0.35 0.37 Neutral 17x
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