Funds seem to be leaving Hong Kong stock market.

The chart dated 31/07/10 above seems to indicate that there is an outflow of funds from the Hong Kong stock market as indicated by the blue line.  This can only show that Hang Seng Index is beginning to fall soon as the average trading volume is usually a harbinger of the index movement in the future.

World economy won't be doing well. Stock markets may crash!

US latest quarter economic growth is only 2.4% compared to its previous quarter of 3.7%.  Spain's unemployment is slightly above 20%, more than US during the financial crisis.  EU constitutes 30% of world trade and is expected to fall significantly.  US constitutes 23% of world trade and is also expected to fall significantly.  China constitutes 13% of world trade and is under going fat trimming programmes.  Asia stock markets are overbought as funds shifted to Asia.  We are in the darkest moment of our lives now and daylight is not within sight. God bless us all!

Changjiang Fertiliser - Buy call from Lim & Tan

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

10/22/09 Lim & Tan Changjiang Fertiliser 0.29 0 Buy

ASTI - No coverage for 2010 or not a good stock?

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

08/18/09 NetResearch ASTI 0.085 0.11 Buy PB0.8x

09/18/09 SIAS Research ASTI 0.095 0.1 Hold PB0.7x

Singapore stock market is going to fall!

The chart dated 29/07/2010 above shows that Singapore stock market is overbought and will fall soon.  The MACD is super bearish, RSI is in the overbought territory and stochastic has crossed over to be on its way down.  Asia market is overbought now.

Hong Kong Stock Market (Hang Send Index) is overbought!

The chart dated 29/07/2010 above shows that Hong Kong stock market is going to fall soon.  The MACD is bearish, fast stochastic has crossed over to the negative side, slow stochastic has also crossed over to show mid-term bearishness.  The asia market is overbought!

Dow Jones Industrial Average - Technical chart shows that US market is going to fall!

The chart dated 29/07/2010 shows that US market is going for a fall ahead.  The MACD is showing bearishness, fast stochastic has crossed over to the negative side and slow stochastic has also crossed over which shows mid-term bearishness.

Asia Pacific Strategic - Not a strategic stock at all?

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

09/02/09 NetResearch Asia Pacific Strategic 0.17 0.17 Hold PB3x

Ascendas India Trust - A good time to invest in india?

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

01/04/10 DBS Vickers Ascendas India Trust 0.88 1.06 Buy
01/25/10 DBS Vickers Ascendas India Trust 1.06 1.17 Buy
04/09/10 DBS Vickers Ascendas India Trust 0.98 1.17 Buy
07/26/10 DBS Vickers Ascendas India Trust 0.985 1.06 Buy

07/27/10 JP Morgan Ascendas India Trust 0.96 1.1 Overweight

AIMS AMP Capital - Hold call from Phillip.

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

02/09/10 phillip AIMS AMP Capital 0.215 0.22 Hold
05/14/10 phillip AIMS AMP Capital 0.22 0.23 Hold DCF

Anwell - All is well!

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

04/09/10 DMG & Partners Anwell 0.585 0.78 Buy PER8x, PB0.8x
04/12/10 DMG & Partners Anwell 0.635 0.78 Buy PER8x

Baltic Dry Index (BDI) was at 1826 last Friday!

Quote:

The index added 25 points, or 1.4 per cent, to 1,826 points on Friday, according to the Baltic Exchange in London.

End Quote.

Advanced Holdings - Good time to load up now?

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

08/12/09 NetResearch Advanced Holdings 0.225 0.27 Buy DCF, PER14.1x

08/17/09 SIAS Research Advanced Holdings 0.255 0.31 Buy PER10.1x
10/12/09 SIAS Research Advanced Holdings 0.35 0.405 Buy PB1.67x

2nd Chance - Does this stock really deserve a second look?

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

05/24/10 DMG & Partners 2nd Chance 0.3 0.41 Buy

Cache Logistics - A well-loved stock!

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

04/12/10 CIMB Cache Logistics 0.88 1.23 Outperform DDM
05/18/10 CIMB Cache Logistics 0.96 1.23 Outperform

06/09/10 DBS Vickers Cache Logistics 0.95 1.05 Buy DDM

04/12/10 DMG & Partners Cache Logistics 0.88 1.0225 Buy IPO

CapitaRetail China - A good China reit?

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

01/08/10 DBS Vickers CapitaRetail China 1.29 1.14 Hold
02/01/10 DBS Vickers CapitaRetail China 1.2 1.22 Hold DCF

China Eratat - Buy call from Phillip

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

03/03/10 phillip China Eratat 0.165 0.205 Trading Buy Total current asset-inventories-liabilities

China Minzhong - Buy call from DMG

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

07/13/10 DMG & Partners China Minzhong 1.2 1.68 Buy PER9x

China Zaino - CIMB loves this stock!

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

02/25/10 CIMB China Zaino 0.24 0.34 Outperform PER4x
04/26/10 CIMB China Zaino 0.29 0.36 Outperform PER5x

Chip Eng Seng - A main contractor turned developer!

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

03/25/10 Westcomb Chip Eng Seng 0.39 0.53 Buy Sum of parts

Dairy Farm - Hold call from Citigroup.

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

03/29/10 Citigroup Dairy Farm 6.53 6.7 Hold

Datapulse - A stock with no pulse?

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

03/03/10 Lim & Tan Datapulse 0.235 0 Sell

The bond market is forming a BIG bubble!

The governments around the world had been raising funds in the bond markets since the crisis started and this had resulted in low liquidities in the stock markets worldwide which stifled the recoveries of the stock markets.

Governments have raised more than $4 trillions dollars since the inception of the crisis and a BIG bubble is starting to form in the bond market.  Corporations around the world also tapped into the bond market after exhausting the tradition means of raising funds due to the financial crisis which made the banks reluctant to give loans.

When this burgeoning bubble bursts, many fixed income funds like pension funds will fall into the abyss and the men on the streets will suffer.  World demands will collapse and businesses will be greatly affected.  Stock markets around the world will tumble heavily causing great panic everywhere.

This scenario is not a remote possibility if we do not do the right thing.

Abterra - Danger lurking for small investors!

The announcement of 25-into-1 share consolidation on 30 June 2010 doesn't bode well for abterra shareholders as there seems to be an ulterior motive behind this corporate move.  Where else can you find a stock with a market capitalization of around $250m to have a share price that is around $1.25 on Singapore Stock Exchange?

Therefore, I expect a big fund raising exercise in any way in the foreseeable future as the only logical rationale for the reverse stock split.  Current shareholders will suffer from major share dilutions if there is indeed a fund raising movement if they are holding on the stock.

The explanation given by abterra was just a classical textbook excuse and should be disregarded as the stock will have more downside after stock consolidation as it seriously affects or twists the risk perception since it has more room to fall when it is above $1.

Abterra should just focus on its core competencies and not get involved in the capital market.  There is no better way to prop up the stock price than to improve on its profit.  By making the stock above $1 through stock consolidation will not attract fund managers to take notice of this stock but instead will attract speculators to play it.

When the management starts to alter the share price, it shows that they can't improve on its business anymore and try to work on other means.

Debao Property - A good developer?

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

07/02/10 UOB Kay Hian Debao Property 0.295 0.37 Buy RNAV (40% discount)

Delong - A lousy stock?

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

01/26/10 Lim & Tan Delong 0.655 0 Sell

FJ Benajmin - Is fashion a good pick?

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

02/17/10 DMG & Partners FJ Benjamin 0.255 0.46 Buy DCF
05/11/10 DMG & Partners FJ Benjamin 0.325 0.46 Buy

02/12/10 Kim Eng FJ Benjamin 0.255 0.42 Buy DCF
05/11/10 Kim Eng FJ Benjamin 0.325 0.45 Buy DCF
07/15/10 Kim Eng FJ Benjamin 0.325 0.66 Buy DCF

Fortune Reit - Is this stock worth a fortune?

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

01/27/10 DBS Vickers Fortune Reit 3.08 3.71 Buy DDM

Frasers Centrepoint Trust - Buy calls from all analysts!

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

01/26/10 CIMB Frasers Centrepoint Trust 1.4 1.73 Outperform DDM
03/25/10 CIMB Frasers Centrepoint Trust 1.36 1.73 Outperform
05/18/10 CIMB Frasers Centrepoint Trust 1.35 1.73 Outperform

01/04/10 DBS Vickers Frasers Centrepoint Trust 1.29 1.49 Buy
04/09/10 DBS Vickers Frasers Centrepoint Trust 1.32 1.63 Buy
04/15/10 DBS Vickers Frasers Centrepoint Trust 1.37 1.63 Buy
06/04/10 DBS Vickers Frasers Centrepoint Trust 1.29 1.63 Buy

01/07/10 DMG & Partners Frasers Centrepoint Trust 1.45 1.66 Buy DDM
04/26/10 DMG & Partners Frasers Centrepoint Trust 1.38 1.66 Buy DDM

01/04/10 OCBC Frasers Centrepoint Trust 1.4 1.3 Hold
01/26/10 OCBC Frasers Centrepoint Trust 1.4 1.47 Hold DCF
01/27/10 OCBC Frasers Centrepoint Trust 1.4 1.5 Buy
03/04/10 OCBC Frasers Centrepoint Trust 1.37 1.5 Buy
03/17/10 OCBC Frasers Centrepoint Trust 1.33 1.5 Buy
04/14/10 OCBC Frasers Centrepoint Trust 1.35 1.5 Buy
05/12/10 OCBC Frasers Centrepoint Trust 1.33 1.5 Buy
06/17/10 OCBC Frasers Centrepoint Trust 1.35 1.5 Buy
07/12/10 OCBC Frasers Centrepoint Trust 1.37 1.5 Buy

Frasers Commercial Trust - DBS vs Phillip? Who will win?

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

01/28/10 DBS Vickers Frasers Commercial Trust 0.15 0.14 Hold
04/23/10 DBS Vickers Frasers Commercial Trust 0.14 0.16 Hold

02/03/10 phillip Frasers Commercial Trust 0.15 0.18 Buy DCF
04/26/10 phillip Frasers Commercial Trust 0.155 0.18 Buy

Guocoland - Hold call from DBS Vickers

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

Healthway Medical - Only DMG covers this 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
03/18/10 DMG & Partners Healthway Medical 0.17 0.3 Buy DCF
05/26/10 DMG & Partners Healthway 0.14 0.3 Buy

Heeton - A small-time property developer.

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

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

Hisaka - CIMB likes this stock!

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

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

HL Finance - The only bright spot in the finance industry?

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

Hongguo - Not a good consumer stock?

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

01/04/10 DBS Vickers Hongguo 0.33 0.3 Hold

Hsu Fu Chi - Really so fu chi?

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

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

Kencana Agri - The stock that analysts loved!

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

02/01/10 DBS Vickers Kencana Agri 0.275 0.37 Buy DCF
03/02/10 DBS Vickers Kencana Agri 0.285 0.37 Buy DCF
05/13/10 DBS Vickers Kencana Agri 0.32 0.39 Buy DCF (40% discount)

04/07/10 DMG & Partners Kencana Agri 0.3 0.375 Buy PER20x

Baltic Dry Index - BDI falls again to 1902 points!

The index of freight rates on international trade routes fell 38 points, or 2 per cent, to 1,902 points on Friday, according to the London-based Baltic Exchange.

Innovalues - is there value in this counter?

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

02/26/10 CIMB Innovalues 0.15 0.2 Outperform PB1x
03/11/10 CIMB Innovalues 0.16 0.2 Outperform

MCL Land - A land of promises?

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

02/26/10 Kim Eng MCL Land 1.78 2.48 Buy RNAV (30% discount)
04/30/10 Kim Eng MCL Land 2.22 2.69 Buy RNAV (25% discount)
06/15/10 Kim Eng MCL Land 1.79 2.76 Buy RNAV (25% discount)

K-Green - Keppel Corp is better than its subsidiary.

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

06/25/10 DBS Vickers K-Green Trust 1.13 1.2 Hold Div Yield 6.5%

Osim - OCBC likes Osim!

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

07/01/10 OCBC Osim 0.905 1.22 Buy PER22x

Sim Lian - A main contractor turned property developer.

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

05/12/10 DBS Vickers Sim Lian 0.52 0.56 Hold RNAV (40% discount)

Sino Grandess Food - New kid on the block

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

06/29/10 DMG & Partners Sino Grandness Food 0.285 0.4 Buy

United Envirotech - The next big thing?

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

06/30/10 OCBC United Envirotech 0.38 0.52 Buy FCFE Model

OKP - A good main contractor?

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

04/01/10 CIMB OKP 0.525 0.85 Outperform PER10x

Sing Holdings - only Phillip covers this company

Date

02/22/10 phillip Sing Holdings 0.38 0.43 Hold RNAV (10% discount)
05/14/10 phillip Sing Holdings 0.35 0.46 Buy RNAV (10% discount)

Roxy-Pacific - A boutique property developer

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

03/26/10 DBS Vickers Roxy-Pacific 0.34 0.44 Trading Buy RNAV (30% discount)

Hyflux Water Trust - No trust in this TRUST?

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

02/26/10 DBS Vickers Hyflux Water Trust 0.705 0.7 Hold
05/14/10 DBS Vickers Hyflux Water Trust 0.665 0.68 Hold

Jardine C&C - Neutral call from DMG

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

04/30/10 DMG & Partners Jardine C&C 29.52 28.09 Neutral

Kingsmen Creative - Buy calls from all analysts!

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

05/21/10 DMG & Partners Kingsmen Creative 0.545 0.77 Buy PER9x
05/24/10 DMG & Partners Kingsmen Creative 0.53 0.77 Buy PER9x

02/26/10 Kim Eng Kingsmen Creative 0.595 0.85 Buy
05/14/10 Kim Eng Kingsmen Creative 0.58 0.85 Buy
06/24/10 Kim Eng Kingsmen Creative 0.545 0.85 Buy Sum of parts
06/25/10 Kim Eng Kingsmen Creative 0.545 0.85 Buy Sum of parts

06/29/10 OCBC Kingsmen Creative 0.59 0.84 Buy PER9x

K-Reit - Not a good Reit?

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

05/20/10 CIMB K-Reit 1.06 1.01 Underperform DDM
06/15/10 CIMB K-Reit 1.09 1.01 Underperform

01/21/10 DBS Vickers K-Reit 1.12 1.11 Hold
02/02/10 DBS Vickers K-Reit 1.08 1.13 Fully Valued
04/20/10 DBS Vickers K-Reit 1.13 1.17 Hold DCF

Mapletree Logistics - A good REIT?

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

01/22/10 CIMB Mapletree Logistics 0.8 0.74 Underperform DDM
03/25/10 CIMB Mapletree Logistics 0.84 0.74 Underperform
04/23/10 CIMB Mapletree Logistics 0.875 0.86 Neutral DDM
05/18/10 CIMB Mapletree Logistics 0.82 0.86 Neutral

03/17/10 Credit Suisse Mapletree Logistics 0.83 0.98 Outperform DDM

01/25/10 DBS Vickers Mapletree Logistics 0.8 0.86 Buy
04/23/10 DBS Vickers Mapletree Logistics 0.875 0.93 Buy
06/01/10 DBS Vickers Mapletree Logistics 0.82 0.93 Buy 7.6% Yield
06/04/10 DBS Vickers Mapletree Logistics 0.83 0.93 Buy

01/04/10 OCBC Mapletree Logistics 0.785 0.78 Buy
03/04/10 OCBC Mapletree Logistics 0.79 0.91 Buy
04/14/10 OCBC Mapletree Logistics 0.845 0.91 Buy
04/23/10 OCBC Mapletree Logistics 0.875 0.93 Buy PB1.07x
05/12/10 OCBC Mapletree Logistics 0.83 0.93 Buy
05/24/10 OCBC Mapletree Logistics 0.81 0.93 Buy
06/02/10 OCBC Mapletree Logistics 0.81 0.84 Buy

Mercator - Hold only!

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

01/22/10 phillip Mercator 0.305 0.36 Hold BV0.9x
07/01/10 phillip Mercator 0.27 0.32 Hold BV0.7x

New Lakeside will go bankrupt anytime!

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

01/27/10 Lim & Tan New Lakeside 0.03 0 Sell -100 Bankrupt

SATS - All analysts love this except CIMB.

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

02/05/10 CIMB SATS 2.57 2.19 Underperform PER12.4x
05/06/10 CIMB SATS 2.78 2.19 Underperform PER12.4x
05/18/10 CIMB SATS 2.75 2.19 Underperform

01/05/10 DBS Vickers SATS 2.74 3 Buy
03/08/10 DBS Vickers SATS 2.61 3.09 Buy
03/25/10 DBS Vickers SATS 2.61 3.2 Buy DCF & PER14x
04/15/10 DBS Vickers SATS 2.87 3.2 Buy
05/06/10 DBS Vickers SATS 2.78 3.13 Buy DCF

02/05/10 DMG & Partners SATS 2.57 3.07 Buy DCF, PER16x
03/29/10 DMG & Partners SATS 2.65 3.07 Buy DCF, PER16x
04/01/10 DMG & Partners SATS 2.64 3.07 Buy

01/05/10 Kim Eng SATS 2.69 3.16 Buy PER18x
02/05/10 Kim Eng SATS 2.57 3.26 Buy PER18x
05/14/10 Kim Eng SATS 2.76 3.3 Buy

02/05/10 OCBC SATS 2.57 3.27 Buy DCF
03/15/10 OCBC SATS 2.65 3.27 Buy DCF
05/06/10 OCBC SATS 2.78 3.27 Buy DCF
06/10/10 OCBC SATS 2.54 3.27 Buy

06/30/10 phillip SATS 2.65 3.28 Buy

Singapore market has more downside - See Straits Times Index Chart!

The chart dated 01/07/2010 indicates that STI has more room to fall as there's a discernible fall in the average trading volumes which also means that there's an outflow of funds.

KSH - Only DMG covers this stock.

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

02/17/10 DMG & Partners KSH 0.27 0.38 Buy Sum of parts
04/07/10 DMG & Partners KSH 0.27 0.38 Buy
05/25/10 DMG & Partners KSH 0.25 0.38 Buy
05/26/10 DMG & Partners KSH 0.25 0.35 Buy Sum of parts
06/04/10 DMG & Partners KSH 0.26 0.35 Buy Sum of parts
06/17/10 DMG & Partners KSH 0.27 0.35 Buy
07/01/10 DMG & Partners KSH 0.26 0.35 Buy

Meiban - Worth buying?

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

02/24/10 CIMB Meiban 0.29 0.41 Outperform PB0.9x
03/11/10 CIMB Meiban 0.3 0.41 Outperform

05/12/10 DBS Vickers Meiban 0.29 0.3 Hold

Rotary - Analysts love this stock.

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

04/19/10 CIMB Rotary 1.15 1.66 Outperform
05/07/10 CIMB Rotary 0.99 1.63 Outperform PER11x
05/18/10 CIMB Rotary 1.03 1.63 Outperform

03/24/10 OCBC Rotary 1.02 1.44 Buy
05/10/10 OCBC Rotary 1.01 1.53 Buy
05/31/10 OCBC Rotary 0.895 1.53 Buy

PEC - Buy calls!

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

06/29/10 CIMB PEC 0.74 1.22 Outperform PER8.5x

01/07/10 DBS Vickers PEC 0.785 1 Buy Sum of parts
02/09/10 DBS Vickers PEC 0.71 1.06 Buy Sum of parts
05/12/10 DBS Vickers PEC 0.745 1.28 Buy PER12x

Koda - OCBC loves this furniture company

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

02/11/10 OCBC Koda 0.22 0.295 Buy NTA1x
03/15/10 OCBC Koda 0.215 0.295 Buy
05/13/10 OCBC Koda 0.23 0.3 Buy

Longcheer - Buy calls from analysts!

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

02/10/10 DMG & Partners Longcheer 0.54 0.66 Buy PER7.9x
05/11/10 DMG & Partners Longcheer 0.64 0.66 Buy Under Review
05/12/10 DMG & Partners Longcheer 0.65 0.85 Buy PER8.4x

02/09/10 Lim & Tan Longcheer 0.5 0 Buy
02/17/10 Lim & Tan Longcheer 0.55 0 Buy
03/09/10 Lim & Tan Longcheer 0.575 0 Buy
03/17/10 Lim & Tan Longcheer 0.63 0 Buy
03/24/10 Lim & Tan Longcheer 0.635 0 Buy
04/06/10 Lim & Tan Longcheer 0.685 0 Buy
04/27/10 Lim & Tan Longcheer 0.765 0 Buy
05/11/10 Lim & Tan Longcheer 0.64 0 Buy
05/21/10 Lim & Tan Longcheer 0.68 0 Buy

China Animal - Analysts like animals

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

02/10/10 AmFraser China Animal 0.24 0.32 Buy
05/10/10 AmFraser China Animal 0.28 0.39 Buy

01/08/10 DBS Vickers China Animal 0.26 0.29 Buy
01/21/10 DBS Vickers China Animal 0.28 0.4 Buy PER12x
02/09/10 DBS Vickers China Animal 0.24 0.33 Buy PER12x
04/16/10 DBS Vickers China Animal 0.33 0.4 Buy PER15x
05/07/10 DBS Vickers China Animal 0.3 0.4 Buy PER10x

Capitamalls Asia - Is this a good asia reit?

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

04/14/10 CIMB Capitamalls Asia 2.29 2.34 Underperform RNAV
04/16/10 CIMB Capitamalls Asia 2.27 2.34 Underperform
05/10/10 CIMB Capitamalls Asia 1.97 2.34 Underperform
05/18/10 CIMB Capitamalls Asia 2.14 2.34 Underperform

04/14/10 DBS Vickers Capitamalls Asia 2.29 2.51 Buy RNAV (10% premium)
06/14/10 DBS Vickers Capitamalls Asia 2.1 2.51 Buy RNAV (10% premium)

06/21/10 OCBC Capitamalls Asia 2.16 2.4 Buy RNAV

Pacific Shipping - Loved by DBS Vickers but disliked by OCBC

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

01/04/10 DBS Vickers Pacific Shipping 0.27 0.22 Fully Valued
01/22/10 DBS Vickers Pacific Shipping 0.28 0.3 Hold 10% Yield
04/26/10 DBS Vickers Pacific Shipping 0.305 0.37 Buy 9% Yield

01/21/10 OCBC Pacific Shipping 0.275 0.23 Hold FCFE Model (30% discount)
03/19/10 OCBC Pacific Shipping 0.28 0.23 Hold
04/16/10 OCBC Pacific Shipping 0.3 0.23 Hold
04/23/10 OCBC Pacific Shipping 0.3 0.29 Hold FCFE Model (20% discount)
05/19/10 OCBC Pacific Shipping 0.28 0.29 Hold

Cerebos - A great chicken essence stock!

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

02/09/10 CIMB Cerebos 3.72 5.16 Outperform Sum of parts
05/11/10 CIMB Cerebos 3.72 5.34 Outperform Sum of parts
05/18/10 CIMB Cerebos 3.94 5.34 Outperform
05/18/10 CIMB Cerebos 4.02 5.34 Outperform
06/01/10 CIMB Cerebos 3.91 5.34 Outperform Sum of parts

Genting vs Marina Bay Sands

Extracted news:

"Our estimate is that Marina Bay Sands, because of the customer profile, its position geographically in Singapore and its size and breadth of the facility, they are going to capture 60 per cent of the market," said Jonathan Galaviz, managing partner of Galaviz & Co.

End news

Genting will only garner about 40% of the market share in Singapore compared to MBS of 60%. The suprising stronghold of genting share price will not hold as it is artificially being held up. It is speculated that the share price is being propped up for fund raising.  Let's see if genting will issue more rights or warrants by end of this year.

C&O Pharm - Analysts love this stock!

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

02/12/10 DMG & Partners C&O Pharm 0.29 0.36 Buy PER11x
04/06/10 DMG & Partners C&O Pharm 0.42 0.5 Buy PER12x
04/07/10 DMG & Partners C&O Pharm 0.41 0.5 Buy PER12x
04/12/10 DMG & Partners C&O Pharm 0.43 0.5 Buy PER12x

05/12/10 Lim & Tan C&O Pharm 0.41 0 Buy

05/05/10 phillip C&O Pharm 0.39 0.53 Outperform DCF
05/12/10 phillip C&O Pharm 0.41 0.53 Buy

Bukit Sembawang - Buy for CIMB, Hold for DBS Vickers

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

02/17/10 CIMB Bukit Sembawang 4.6 5.64 Outperform RNAV (25% discount)
04/16/10 CIMB Bukit Sembawang 4.93 5.64 Outperform
05/10/10 CIMB Bukit Sembawang 4.57 5.64 Outperform
05/18/10 CIMB Bukit Sembawang 4.73 5.64 Outperform
06/14/10 CIMB Bukit Sembawang 4.55 5.59 Outperform

01/04/10 DBS Vickers Bukit Sembawang 4.9 5.94 Buy
02/17/10 DBS Vickers Bukit Sembawang 4.6 6.07 Buy RNAV (30% discount)
03/08/10 DBS Vickers Bukit Sembawang 4.6 5.2 Hold
05/24/10 DBS Vickers Bukit Sembawang 4.6 5.25 Buy RNAV (40% discount)
06/16/10 DBS Vickers Bukit Sembawang 4.56 5.25 Hold

Cambridge Industrial - A good reit?

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

01/28/10 DBS Vickers Cambridge Industrial 0.45 0.54 Buy DCF
04/22/10 DBS Vickers Cambridge Industrial 0.51 0.54 Buy

01/28/10 DMG & Partners Cambridge Industrial 0.45 0.64 Buy DDM, Div Yield 8.5%
04/23/10 DMG & Partners Cambridge Industrial 0.505 0.64 Buy

01/29/10 phillip Cambridge Industrial 0.465 0.48 Hold Div Yield 9%
04/23/10 phillip Cambridge Industrial 0.505 0.51 Hold

CNA - DMG loves this stock, not the channelnewsasia.

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

03/18/10 DMG & Partners C N A 0.375 0.57 Buy PER8.2x
04/01/10 DMG & Partners C N A 0.295 0.46 Buy PER6.6x
05/17/10 DMG & Partners C N A 0.275 0.46 Buy PER6.6x

Broadway - All analysts called for a BUY!

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

03/11/10 CIMB Broadway 0.88 1.67 Outperform
04/28/10 CIMB Broadway 1.06 1.67 Outperform PER8x

02/24/10 DBS Vickers Broadway 0.855 1.28 Buy PER7x
04/15/10 DBS Vickers Broadway 1.05 1.28 Buy

01/08/10 DMG & Partners Broadway 0.64 1.01 Buy PER6.5x
02/24/10 DMG & Partners Broadway 0.855 1.16 Buy PER6.1x
04/28/10 DMG & Partners Broadway 1.06 1.46 Buy PER6.9x
06/15/10 DMG & Partners Broadway 1.1 1.46 Buy

02/24/10 Lim & Tan Broadway 0.855 0 Buy
04/28/10 Lim & Tan Broadway 1.06 0 Buy

Ausgroup - Nobody likes this stock!

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

04/08/10 CIMB Ausgroup 0.62 0.96 Outperform PER13x
05/13/10 CIMB Ausgroup 0.54 0.61 Neutral PER11x
05/14/10 CIMB Ausgroup 0.54 0.61 Neutral
05/18/10 CIMB Ausgroup 0.54 0.61 Neutral
05/31/10 CIMB Ausgroup 0.46 0.61 Neutral

01/14/10 OCBC Ausgroup 0.685 0.78 Buy PER12x
02/12/10 OCBC Ausgroup 0.56 0.6 Hold PER11x
03/31/10 OCBC Ausgroup 0.6 0.6 Hold
05/05/10 OCBC Ausgroup 0.58 0.43 Sell PER11x
06/04/10 OCBC Ausgroup 0.465 0.43 Hold PER11x

Asia Environment - A lousy stock?

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

01/04/10 DBS Vickers Asia Environment 0.31 0.47 Buy
02/04/10 DBS Vickers Asia Environment 0.29 0.23 Fully Valued PER8x
03/02/10 DBS Vickers Asia Environment 0.225 0.2 Fully Valued PER8x
05/10/10 DBS Vickers Asia Environment 0.16 0.15 Fully Valued PER8x

ART - An "ART" that is loved by all analysts

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

03/25/10 CIMB ART 1.25 1.35 Neutral
05/03/10 CIMB ART 1.2 1.35 Outperform DDM
05/03/10 CIMB ART 1.2 1.35 Outperform DDM
05/18/10 CIMB ART 1.16 1.35 Outperform

01/04/10 DBS Vickers ART 1.13 1.32 Buy
01/25/10 DBS Vickers ART 1.29 1.46 Buy
02/22/10 DBS Vickers ART 1.13 1.46 Buy
03/08/10 DBS Vickers ART 1.23 1.46 Buy
04/30/10 DBS Vickers ART 1.17 1.46 Buy

06/16/10 Kim Eng ART 1.12 1.35 Buy DDM, Div Yield 7%

01/21/10 Lim & Tan ART 1.33 0 Buy

01/04/10 OCBC ART 1.2 1.25 Buy
02/02/10 OCBC ART 1.14 1.38 Buy
03/04/10 OCBC ART 1.17 1.38 Buy
04/14/10 OCBC ART 1.25 1.38 Buy
04/30/10 OCBC ART 1.17 1.32 Buy
05/12/10 OCBC ART 1.15 1.32 Buy

ARA Asset Management - A good choice?

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

03/16/10 CIMB ARA Asset Management 1.14 1.36 Trading Buy Sum of parts
05/06/10 CIMB ARA Asset Management 0.92 1.36 Outperform Sum of parts

06/02/10 DBS Vickers ARA Asset Management 0.935 1.11 Buy Sum of parts

Mermaid Maritime - Is this stock really a mermaid?

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

04/21/10 CIMB Mermaid 0.73 1 Outperform PER12x
05/14/10 CIMB Mermaid 0.67 1 Outperform
05/17/10 CIMB Mermaid 0.67 0.73 Trading Sell PER12x
05/31/10 CIMB Mermaid 0.48 0.73 Trading Buy
06/08/10 CIMB Mermaid 0.53 0.73 Trading Sell

01/04/10 DBS Vickers Mermaid 0.83 1.11 Buy
02/17/10 DBS Vickers Mermaid 0.64 1.03 Buy
05/07/10 DBS Vickers Mermaid 0.68 0.64 Fully Valued Blended PER 9X & PER12x
05/17/10 DBS Vickers Mermaid 0.67 0.53 Fully Valued PER9x & 12x

Is US benefitting from the EU crisis? US Dow Jones chart reveals it all.

The charted above dated 19/06/10 clearly shows that US stock market benefitted from the EU crisis whereby there's a huge capital inflow of funds into the stock market based on the average trading volume.  This usually is a precusor of future trend which can be seen that Dow Jones had rebounded from the doldrum 2 weeks ago.

However, if the reversal happens, that is, a declining trading volume or an outflow of funds, then it is better to sell before this mini rally ends.

Kingboard Copper Foil - CIMB supports this strongly.

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

03/11/10 CIMB Kingboard Copper foil 0.31 0.48 Outperform
04/29/10 CIMB Kingboard Copper foil 0.3 0.49 Outperform PB0.7x

Nera Telecommunication

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

02/12/10 DMG & Partners Nera Tel 0.34 0.36 Neutral PER10.9x
04/21/10 DMG & Partners Nera Tel 0.385 0.36 Neutral PER11.5x

02/11/10 Lim & Tan Nera Tel 0.335 0 Buy

Stats Chippac - Lim & Tan strongly supports this stock.

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

01/05/10 Lim & Tan Stats Chippac 1.09 0 Buy
04/28/10 Lim & Tan Stats Chippac 1.15 0 Buy
05/24/10 Lim & Tan Stats Chippac 0.97 0 Buy
06/09/10 Lim & Tan Stats Chippac 1.07 0 Buy
06/14/10 Lim & Tan Stats Chippac 1.08 0 Buy
06/16/10 Lim & Tan Stats Chippac 1.07 0 Buy
06/18/10 Lim & Tan Stats Chippac 1.08 0 Buy

Swing Media - DMG strongly supports this!

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

01/14/10 DMG & Partners Swing Media 0.065 0.105 Buy PB0.7x
03/11/10 DMG & Partners Swing Media 0.06 0.105 Buy PB0.7x
03/17/10 DMG & Partners Swing Media 0.065 0.105 Buy
04/07/10 DMG & Partners Swing Media 0.065 0.105 Buy PB1.1x
04/12/10 DMG & Partners Swing Media 0.07 0.105 Buy PB1.1x

Karin - OCBC supports this stock.

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

01/12/10 OCBC Karin 0.215 0.28 Buy PER8x
02/11/10 OCBC Karin 0.225 0.28 Buy PER8x
06/17/10 OCBC Karin 0.22 0.28 Buy

Allgreen - Is it greener?

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

02/26/10 AmFraser Allgreen 1.12 1.4 Buy RNAV
04/30/10 AmFraser Allgreen 1.23 1.45 Buy RNAV

01/11/10 CIMB Allgreen 1.29 1.57 Outperform RNAV
02/02/10 CIMB Allgreen 1.15 1.57 Outperform
03/30/10 CIMB Allgreen 1.2 1.67 Outperform RNAV
04/16/10 CIMB Allgreen 1.28 1.67 Outperform
04/29/10 CIMB Allgreen 1.23 1.67 Outperform RNAV
05/10/10 CIMB Allgreen 1.12 1.67 Outperform
05/18/10 CIMB Allgreen 1.14 1.67 Outperform
06/14/10 CIMB Allgreen 1.05 1.16 Neutral RNAV (25% discount)

02/26/10 DBS Vickers Allgreen 1.12 1.27 Hold RNAV (25% discount)
03/08/10 DBS Vickers Allgreen 1.15 1.27 Hold
04/23/10 DBS Vickers Allgreen 1.24 1.3 Hold
06/16/10 DBS Vickers Allgreen 1.06 1.32 Hold

Thomson Medical - The time that we like to see doctor!

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

04/12/10 AmFraser Thomson Medical 0.7 0.77 Accumulate

01/12/10 DMG & Partners Thomson Medical 0.7 0.78 Buy PER16x
04/09/10 DMG & Partners Thomson Medical 0.695 0.78 Buy
04/13/10 DMG & Partners Thomson Medical 0.705 0.78 Buy PER16x

Wee Hur - Phillip is a strong supporter of this stock

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

03/12/10 phillip Wee Hur 0.485 0.66 Buy PER11x
03/24/10 phillip Wee Hur 0.545 0.68 Buy PER11x
05/14/10 phillip Wee Hur 0.505 0.62 Buy PER11x

Petra foods - Food for thought?

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

02/25/10 CIMB Petra Foods 1.05 1.27 Outperform PER12x
05/13/10 CIMB Petra Foods 1.08 1.27 Outperform PER12x
05/18/10 CIMB Petra Foods 1.16 1.27 Outperform
06/10/10 CIMB Petra Foods 1.2 1.27 Neutral PER13x

01/04/10 DBS Vickers Petra Foods 1.1 0.94 Hold
05/14/10 DBS Vickers Petra Foods 1.15 1.41 Buy PER13x

Synear - Only Lim & Tan supports this stock.

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

11/05/09 CIMB Synear 0.3 0.22 Underperform PER7.8x

11/05/09 Lim & Tan Synear 0.295 0 Buy
05/06/10 Lim & Tan Synear 0.285 0 Buy

Stamford Land - Lim & Tan is a strong supporter for this property counter.

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

01/22/10 Lim & Tan Stamford Land 0.43 0 Buy
02/10/10 Lim & Tan Stamford Land 0.405 0 Buy
03/22/10 Lim & Tan Stamford Land 0.43 0 Buy
03/30/10 Lim & Tan Stamford Land 0.475 0 Buy
04/29/10 Lim & Tan Stamford Land 0.52 0 Buy

Marco Polo Marine - DMG is a strong supporter of this stock.

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

01/13/10 DMG & Partners Marco Polo 0.57 0.745 Buy PER11x
02/10/10 DMG & Partners Marco Polo 0.475 0.69 Buy PEG0.72x
04/06/10 DMG & Partners Marco Polo 0.465 0.69 Buy
04/08/10 DMG & Partners Marco Polo 0.47 0.69 Buy PER12x
04/12/10 DMG & Partners Marco Polo 0.47 0.69 Buy PER12x
04/23/10 DMG & Partners Marco Polo 0.45 0.69 Buy
05/03/10 DMG & Partners Marco Polo 0.45 0.69 Buy
05/13/10 DMG & Partners Marco Polo 0.445 0.515 Buy PEG0.46x

Yongnam - CIMB loves this stock very much!

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

03/01/10 CIMB Yongnam 0.26 0.46 Outperform PER10x
03/15/10 CIMB Yongnam 0.27 0.46 Outperform PER10x
03/24/10 CIMB Yongnam 0.26 0.46 Outperform PER10x
04/01/10 CIMB Yongnam 0.27 0.46 Outperform PER10x
05/17/10 CIMB Yongnam 0.25 0.46 Outperform PER10x

STI - Straits Time Index

The chart above dated 11/06/10 is showing that the average trading volumes have been declining for the past 1 month.  This is most likely caused by the declining euro which instills fears into investors.  The declining volumes are most likely to continue further due to World Cup.  Therefore, STI's recent rise is not sustainable.

Singapore Post - How to survive in a world of declining post mails?

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

02/01/10 CIMB Singapore Post 1.01 1.11 Neutral DDM
05/18/10 CIMB Singapore Post 1.14 1.13 Neutral

01/05/10 DBS Vickers Singapore Post 1.02 1.05 Hold Div Yield 6% PER13.5x
02/01/10 DBS Vickers Singapore Post 1.01 1.05 Hold
03/25/10 DBS Vickers Singapore Post 1.08 1.05 Hold 6% yield
05/03/10 DBS Vickers Singapore Post 1.09 1.05 Hold 6% Yield

02/01/10 Kim Eng Singapore Post 1.01 1.12 Hold PER14x

01/05/10 Lim & Tan Singapore Post 1.02 0 Buy
02/01/10 Lim & Tan Singapore Post 1.01 0 Buy
03/24/10 Lim & Tan Singapore Post 1.07 0 Buy

03/24/10 OCBC Singapore Post 1.08 1.16 Buy
04/09/10 OCBC Singapore Post 1.06 1.16 Buy
05/03/10 OCBC Singapore Post 1.09 1.16 Buy DCF
05/03/10 OCBC Singapore Post 1.09 1.16 Buy DCF

Trek2000 - Only DMG supports this stock

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

04/22/10 DMG & Partners Trek2000 0.285 0.39 Buy PER5.6x
04/23/10 DMG & Partners Trek2000 0.345 0.49 Buy PER5.6x
05/11/10 DMG & Partners Trek2000 0.325 0.385 Buy
05/13/10 DMG & Partners Trek2000 0.3 0.39 Buy PER5.6x

UIC - UOL is trying to gain more shares!

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

02/17/10 DBS Vickers UIC 1.9 2.04 Hold RNAV (5% discount)
03/08/10 DBS Vickers UIC 2.01 2.04 Hold

Singapore Land - A big property landlord

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

02/17/10 AmFraser Singapore Land 6.3 8.98 Buy RNAV
04/30/10 AmFraser Singapore Land 6.69 8.78 Buy RNAV

01/11/10 CIMB Singapore Land 6.66 6.51 Underperform RNAV (20% discount)
02/17/10 CIMB Singapore Land 6.3 6.73 Underperform RNAV (20% discount)
04/16/10 CIMB Singapore Land 6.89 6.73 Underperform
05/10/10 CIMB Singapore Land 6.7 6.73 Neutral
05/18/10 CIMB Singapore Land 6.73 6.73 Underperform
05/20/10 CIMB Singapore Land 6.75 7.68 Neutral RNAV (15% discount)

02/17/10 DBS Vickers Singapore Land 6.3 6.94 Hold RNAV (10% discount)
03/08/10 DBS Vickers Singapore Land 6.63 6.94 Hold

02/17/10 Kim Eng Singapore Land 6.3 6.69 Hold RNAV (20% discount)
04/26/10 Kim Eng Singapore Land 6.8 6.69 Hold

Viking Offshore Marine - OCBC is a strong supporter for this stock

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

04/29/10 OCBC Viking 0.215 0.31 Buy Sum of parts
05/06/10 OCBC Viking 0.2 0.31 Buy
05/20/10 OCBC Viking 0.205 0.31 Buy
06/09/10 OCBC Viking 0.18 0.31 Buy

SC Global - A niche property developer!

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

05/13/10 AmFraser SC Global 1.63 2.65 Buy RNAV

01/04/10 DBS Vickers SC Global 1.71 1.92 Buy
02/26/10 DBS Vickers SC Global 1.73 2.1 Buy RNAV (25% discount)
03/08/10 DBS Vickers SC Global 1.82 2.1 Buy
03/30/10 DBS Vickers SC Global 1.85 2.1 Buy
05/13/10 DBS Vickers SC Global 1.63 2.1 Buy RNAV (25% discount)
05/18/10 DBS Vickers SC Global 1.67 2.1 Buy

02/26/10 DMG & Partners SC Global 1.73 2.26 Buy RNAV (20% discount)
03/15/10 DMG & Partners SC Global 1.9 2.26 Buy
04/01/10 DMG & Partners SC Global 1.9 2.26 Buy
04/16/10 DMG & Partners SC Global 1.87 2.26 Buy
05/14/10 DMG & Partners SC Global 1.63 2.62 Buy RNAV (20% discount)

01/18/10 phillip SC Global 2 2.03 Hold RNAV (20% discount)
02/22/10 phillip SC Global 1.8 2.03 Hold
02/26/10 phillip SC Global 1.75 1.92 Hold RNAV (20% discount)
05/13/10 phillip SC Global 1.63 1.93 Buy RNAV (20% discount)