Hsu Fu Chi - Buy call from Lim & Tan

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

02/09/10 Lim & Tan Hsu Fu Chi 2.05 0 Buy

Hour Glass - Hold call by Kim Eng!

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

02/11/10 Kim Eng Hour Glass 0.71 0.87 Buy BV
05/26/10 Kim Eng Hour Glass 0.8 0.92 Hold DCF
08/06/10 Kim Eng Hour Glass 0.84 0.92 Hold

Hotel Properties - Hold call from DBS Vickers but Buy call from Kim Eng

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

02/23/10 DBS Vickers Hotel Properties 2.03 2.17 Hold RNAV (20% discount)
05/14/10 DBS Vickers Hotel Properties 2.22 2.3 Hold RNAV (20% discount)

02/23/10 Kim Eng Hotel Properties 2.03 2.4 Buy RNAV (20% discount)
06/02/10 Kim Eng Hotel Properties 2.05 3.33 Buy RNAV (20% discount)

Hongguo - Hold call from DBS Vickers

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

01/04/10 DBS Vickers Hongguo 0.33 0.3 Hold

Hong Leong Asia - Downgraded by CIMB & DBS Vickers recently

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

01/22/10 CIMB Hong Leong Asia 3.31 6.33 Outperform Sum of parts
02/02/10 CIMB Hong Leong Asia 3.52 6.33 Outperform
02/05/10 CIMB Hong Leong Asia 3.35 6.33 Outperform Sum of parts
02/10/10 CIMB Hong Leong Asia 3.4 6.33 Outperform Sum of parts
03/01/10 CIMB Hong Leong Asia 3.68 6.4 Outperform Sum of parts
03/17/10 CIMB Hong Leong Asia 4.01 6 Outperform Sum of parts
04/01/10 CIMB Hong Leong Asia 4.54 6 Outperform Sum of parts
04/19/10 CIMB Hong Leong Asia 4.94 6 Outperform
04/27/10 CIMB Hong Leong Asia 4.85 6 Outperform Sum of parts
05/17/10 CIMB Hong Leong Asia 4.24 5.78 Outperform Sum of parts
05/31/10 CIMB Hong Leong Asia 3.2 4.88 Outperform Sum of parts
07/14/10 CIMB Hong Leong Asia 3.45 4.86 Outperform Sum of parts
08/16/10 CIMB Hong Leong Asia 3.71 3.21 Underperform Sum of parts

01/11/10 DBS Vickers Hong Leong Asia 2.88 4.08 Buy Sum of parts
03/01/10 DBS Vickers Hong Leong Asia 3.68 4.36 Buy Sum of parts
03/08/10 DBS Vickers Hong Leong Asia 3.85 4.36 Buy
04/14/10 DBS Vickers Hong Leong Asia 4.7 5.67 Buy Sum of parts
08/12/10 DBS Vickers Hong Leong Asia 3.73 4.54 Hold Under Review

04/01/10 DMG & Partners Hong Leong Asia 4.54 6 Buy Sum of parts
04/06/10 DMG & Partners Hong Leong Asia 4.7 6 Buy Sum of parts
05/14/10 DMG & Partners Hong Leong Asia 4.24 5.48 Buy Sum of parts
05/17/10 DMG & Partners Hong Leong Asia 4.24 5.48 Buy
08/16/10 DMG & Partners Hong Leong Asia 3.71 4.88 Buy Sum of parts

Travel alerts on Europe!

USA, UK & Japan have issued travel alerts on Europe and this will have an impact on tourism in Europe whereby countries like Spain, Greece & Portugal will be affected.  Things don't look good in Europe now.

Ho Bee - Buy calls from all analysts!

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

01/11/10 CIMB Ho Bee 1.86 2.24 Outperform RNAV
02/18/10 CIMB Ho Bee 1.8 2.28 Outperform RNAV
04/16/10 CIMB Ho Bee 1.81 2.28 Outperform
05/10/10 CIMB Ho Bee 1.57 2.28 Outperform
05/18/10 CIMB Ho Bee 1.59 2.28 Outperform
06/14/10 CIMB Ho Bee 1.44 2.28 Outperform
08/16/10 CIMB Ho Bee 1.65 1.94 Outperform RNAV (25% discount)

01/06/10 DBS Vickers Ho Bee 1.83 1.99 Buy
01/25/10 DBS Vickers Ho Bee 1.81 1.99 Buy
02/17/10 DBS Vickers Ho Bee 1.74 2.23 Buy RNAV (15% discount)
02/18/10 DBS Vickers Ho Bee 1.8 2.29 Buy RNAV (15% discount)
02/22/10 DBS Vickers Ho Bee 1.75 2.15 Buy
03/08/10 DBS Vickers Ho Bee 1.82 2.15 Buy
03/30/10 DBS Vickers Ho Bee 1.85 2.15 Buy
04/23/10 DBS Vickers Ho Bee 1.7 2.15 Buy RNAV (20% discount)
04/30/10 DBS Vickers Ho Bee 1.68 2.12 Buy RNAV (20% discount)
06/16/10 DBS Vickers Ho Bee 1.51 2.12 Buy
07/16/10 DBS Vickers Ho Bee 1.52 2.12 Buy
07/29/10 DBS Vickers Ho Bee 1.59 2.18 Buy RNAV (20% discount)
08/17/10 DBS Vickers Ho Bee 1.61 2.15 Buy

09/08/10 Kim Eng Ho Bee 1.51 1.91 Buy RNAV (30% discount)

06/03/10 OCBC Ho Bee 1.43 2.12 Buy

01/18/10 phillip Ho Bee 1.9 1.88 Hold RNAV (10% discount)
02/17/10 phillip Ho Bee 1.74 2.02 Hold RNAV (10% discount)
02/22/10 phillip Ho Bee 1.75 2.02 Hold
04/30/10 phillip Ho Bee 1.66 1.79 Hold
04/30/10 phillip Ho Bee 1.66 1.79 Hold RNAV (20% discount)
07/30/10 phillip Ho Bee 1.66 1.91 Buy RNAV (20% discount)
08/16/10 phillip Ho Bee 1.65 1.91 Buy

Hong Leong Finance - As good as a bank?

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

02/25/10 DMG & Partners HL Finance 2.98 3.5 Buy NTA1x
04/26/10 DMG & Partners HL Finance 3.16 3.5 Buy NTA1x

Market analysis for Singapore stock market - Straits Times Index

The chart dated 01/10/10 above shows that there are lesser investors in the market now than before as the trading volumes have come down significantly.  Other stock markets are also having this phenomena as shown in other posts here.

Market analysis for Japan stock market - Nikkei 225

The chart dated 01/10/10 above shows that investors are pulling funds out of the market as substantiated by the declining average trading volumes.  This shows investors have no confidence in the market and foresee a downtrend in the future.

Market analysis for Hong Kong stock market - Hang Seng Index

The chart dated 01/10/10 above indicates that investors have been pulling out funds from the market as the average trading volumes are declining as the market rallies.

Market analysis for US stock market - Dow Jones Industrial Average

The chart dated 01/10/10 above indicates that the average trading volumes have been declining which doesn't bode well for the market as lesser investors are buying US stocks.  In other words, investors have been pulling funds out of the market and we can see that from the rises in gold prices.  Is this a sustainable rally? You decide for yourself as many other stock markets are experiencing this phenomenon.

Hisaka - Buy call from CIMB

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

05/04/10 CIMB Hisaka 0.28 0.35 Outperform PER6.7x

Hi-P - Is this stock as popular as Hi-5?

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

08/04/10 Credit Suisse Hi-P 0.815 0.75 Neutral

02/24/10 DBS Vickers Hi-P 0.71 0.53 Fully Valued PER9x
05/06/10 DBS Vickers Hi-P 0.64 0.49 Fully Valued PER9x
06/21/10 DBS Vickers Hi-P 0.54 0.51 Fully Valued PER9x
08/03/10 DBS Vickers Hi-P 0.75 0.94 Buy PER9x
09/22/10 DBS Vickers Hi-P 0.875 1.26 Buy PER11x + 1SD
09/27/10 DBS Vickers Hi-P 0.98 1.26 Buy
09/28/10 DBS Vickers Hi-P 0.98 1.26 Buy

01/13/10 DMG & Partners Hi-P 0.74 0.835 Buy
02/22/10 DMG & Partners Hi-P 0.71 0.725 Neutral PER10.5x
02/26/10 DMG & Partners Hi-P 0.67 0.66 Neutral PER10.4x
05/05/10 DMG & Partners Hi-P 0.67 0.66 Neutral
05/06/10 DMG & Partners Hi-P 0.64 0.595 Neutral PER11.3x
06/21/10 DMG & Partners Hi-P 0.51 0.595 Neutral
08/06/10 DMG & Partners Hi-P 0.78 0.97 Buy PER11.3x

02/24/10 Lim & Tan Hi-P 0.71 0 Sell
05/05/10 Lim & Tan Hi-P 0.67 0 Sell
06/21/10 Lim & Tan Hi-P 0.54 0 Hold
09/17/10 Lim & Tan Hi-P 0.9 0 Neutral
09/22/10 Lim & Tan Hi-P 0.875 0 Buy
09/30/10 Lim & Tan Hi-P 1.01 0 Buy
10/01/10 Lim & Tan Hi-P 1.02 0 Buy

Hiap Seng - Buy calls from analysts!

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

04/26/10 CIMB Hiap Seng 0.66 1.15 Outperform PER11x
05/18/10 CIMB Hiap Seng 0.68 1.15 Outperform
08/10/10 CIMB Hiap Seng 0.64 0.89 Outperform PER8.5x

02/11/10 DBS Vickers Hiap Seng 0.62 0.94 Buy PER12x
05/25/10 DBS Vickers Hiap Seng 0.64 0.94 Buy PER12x
08/10/10 DBS Vickers Hiap Seng 0.635 0.94 Buy Blended PER10.5x
09/23/10 DBS Vickers Hiap Seng 0.65 0.94 Buy PER12x

Hersing - Phillip supports this stock!

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

09/23/10 phillip Hersing 0.3 0.355 Buy FCFE Model

Baltic Dry Index (BDI) rose to 2504!

Quote:

The Baltic Dry Index, which gauges the cost of shipping commodities including iron ore, cement, grain, coal and fertiliser, rose 2.16 per cent, to 2,504, driven mainly by its Capesize component, which rose 7.32 per cent to 3,431 points.

End Quote

Heeton - Buy call from Westcomb.

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

03/24/10 Westcomb Heeton 0.445 0.75 Buy RNAV (35% discount)

Healthway Medical - Good health equates to good stock!

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

01/04/10 DMG & Partners Healthway Medical 0.16 0.28 Buy PER25x
01/28/10 DMG & Partners Healthway Medical 0.17 0.21 Buy DCF
03/08/10 DMG & Partners Healthway Medical 0.165 0.26 Buy DCF
03/17/10 DMG & Partners Healthway Medical 0.17 0.3 Buy DCF
05/26/10 DMG & Partners Healthway Medical 0.14 0.3 Buy
08/23/10 DMG & Partners Healthway Medical 0.18 0.23 Buy DCF

Guocoland - A no man's land?

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

03/08/10 DBS Vickers Guocoland 2.22 2.09 Hold
04/23/10 DBS Vickers Guocoland 2.36 2.08 Hold
06/16/10 DBS Vickers Guocoland 2.12 2.08 Hold
07/16/10 DBS Vickers Guocoland 2.16 2.08 Hold