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Saturday, May 21, 2011

United Engineers - Buy calls from CIMB.

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

02/16/11
CIMB
United Engineers
2.44
3.27
Outperform
RNAV (10% discount)
03/02/11
CIMB
United Engineers
2.43
3.21
Outperform
RNAV (15% discount)
04/08/11
CIMB
United Engineers
2.61
3.21
Outperform
RNAV (15% discount)
05/11/11
CIMB
United Engineers
2.35
3.26
Outperform
RNAV (15% discount)

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