Singapore Stock Exchange - Equity Investments

Friday, August 20, 2010

Ascendas India Trust - Buy if you want 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

Thursday, August 19, 2010

ART - Is this a good trust to buy?

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
07/26/10 CIMB ART 1.23 1.35 Outperform DDM

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
07/26/10 DBS Vickers ART 1.23 1.44 Buy
07/28/10 DBS Vickers ART 1.23 1.44 Buy
08/18/10 DBS Vickers ART 1.23 1.44 Buy

06/16/10 Kim Eng ART 1.12 1.35 Buy DDM, Div Yield 7%
07/26/10 Kim Eng ART 1.23 1.35 Buy
08/10/10 Kim Eng ART 1.19 1.35
08/10/10 Kim Eng ART 1.18 1.35 Buy DDM
08/11/10 Kim Eng ART 1.18 1.35 Buy DDM

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
07/12/10 OCBC ART 1.17 1.32 Buy
07/23/10 OCBC ART 1.24 1.32 Buy
08/06/10 OCBC ART 1.18 1.33 Buy

Armstrong - This arm is really strong!

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

02/25/10 CIMB Armstrong 0.26 0.48 Outperform PER9x
03/11/10 CIMB Armstrong 0.29 0.48 Outperform
04/06/10 CIMB Armstrong 0.34 0.48 Outperform PER9x
06/07/10 CIMB Armstrong 0.39 0.56 Outperform PER9x
06/18/10 CIMB Armstrong 0.43 0.555 Outperform PER9x
08/13/10 CIMB Armstrong 0.42 0.55 Outperform PER9x

02/26/10 DMG & Partners Armstrong 0.27 0.37 Buy PER9.8x
04/13/10 DMG & Partners Armstrong 0.375 0.45 Buy PER9.8x
05/18/10 DMG & Partners Armstrong 0.39 0.49 Buy PER9.8x
05/24/10 DMG & Partners Armstrong 0.355 0.49 Buy PER9.8x
06/11/10 DMG & Partners Armstrong 0.45 0.49 Buy
08/16/10 DMG & Partners Armstrong 0.415 0.545 Buy PER10x

02/26/10 Kim Eng Armstrong 0.27 0.4 Buy PER10x
03/09/10 Kim Eng Armstrong 0.27 0.4 Buy
05/17/10 Kim Eng Armstrong 0.38 0.48 Buy PER11x
06/21/10 Kim Eng Armstrong 0.455 0.57 Buy PER10x
08/13/10 Kim Eng Armstrong 0.415 0.57 Buy PER10x

01/28/10 Lim & Tan Armstrong 0.245 0 Buy
02/25/10 Lim & Tan Armstrong 0.26 0 Buy
02/26/10 Lim & Tan Armstrong 0.27 0 Buy
03/10/10 Lim & Tan Armstrong 0.275 0 Buy
05/17/10 Lim & Tan Armstrong 0.38 0 Buy
06/11/10 Lim & Tan Armstrong 0.45 0 Buy
08/13/10 Lim & Tan Armstrong 0.415 0 Buy

Wednesday, August 18, 2010

A-Reit - Is this reit a good stock?

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

01/19/10 CIMB A-Reit 2.02 2.02 Underperform DDM
03/25/10 CIMB A-Reit 1.92 2.02 Underperform
04/20/10 CIMB A-Reit 1.98 2.02 Neutral DDM
05/18/10 CIMB A-Reit 1.87 2.02 Neutral
07/19/10 CIMB A-Reit 2 2.02 Neutral DDM

07/19/10 Credit Suisse A-Reit 2 2.33 Outperform

02/18/10 DBS Vickers A-Reit 1.92 2.07 Hold PB1.2x
04/09/10 DBS Vickers A-Reit 1.26 1.46 Buy
04/20/10 DBS Vickers A-Reit 1.98 2.11 Hold PB1.2x
07/01/10 DBS Vickers A-Reit 1.86 2.11 Buy
07/19/10 DBS Vickers A-Reit 2 2.11 Buy

04/21/10 DMG & Partners A-Reit 2.01 2.11 Neutral DDM
07/16/10 DMG & Partners A-Reit 2 2.11 Neutral DDM
07/20/10 DMG & Partners A-Reit 2 2.11 Neutral Div Yield 6.5%

01/19/10 Kim Eng A-Reit 2.02 2.02 Hold
01/22/10 Kim Eng A-Reit 1.28 1.35 Hold
02/18/10 Kim Eng A-Reit 1.92 2.03 Hold
03/29/10 Kim Eng A-Reit 1.95 2.29 Buy Div Yield 6.7%
04/20/10 Kim Eng A-Reit 1.98 2.32 Buy Yield 6.8%
07/20/10 Kim Eng A-Reit 2 2.32 Buy

01/04/10 OCBC A-Reit 2.22 1.76 Hold
01/22/10 OCBC A-Reit 1.28 1.38 Buy DCF
02/18/10 OCBC A-Reit 1.92 1.76 Hold RNAV
03/04/10 OCBC A-Reit 1.95 1.76 Hold
04/14/10 OCBC A-Reit 1.96 1.76 Hold
04/20/10 OCBC A-Reit 1.98 1.85 Hold RNAV
05/12/10 OCBC A-Reit 1.88 1.85 Hold
05/24/10 OCBC A-Reit 1.92 1.85 Hold
07/12/10 OCBC A-Reit 1.93 1.85 Hold

ARA Asset Management - A well-managed company?

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
08/13/10 CIMB ARA Asset Management 1.12 1.35 Outperform Sum of parts

06/02/10 DBS Vickers ARA Asset Management 0.935 1.11 Buy Sum of parts
07/09/10 DBS Vickers ARA Asset Management 1.12 1.3 Buy Sum of parts
08/13/10 DBS Vickers ARA Asset Management 1.12 1.3 Buy Sum of parts

Tuesday, August 17, 2010

Anwell - Everything 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

Allgreen - A good property stock?

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
08/13/10 AmFraser Allgreen 1.12 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)
06/14/10 CIMB Allgreen 1.05 1.16 Neutral
08/13/10 CIMB Allgreen 1.12 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
07/16/10 DBS Vickers Allgreen 1.1 1.32 Hold

Monday, August 16, 2010

Baltic Dry Index (BDI) rose to 2468 last Friday!

BDI had been rising recently. Watch out for shipping stocks!

AIM AMP Capital Industrial Reit - Hold call from Phillip!

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

02/09/10 phillip AIM AMP Cap Ind Reit 0.215 0.22 Hold
05/14/10 phillip AIM AMP Cap Ind Reit 0.22 0.23 Hold
05/14/10 phillip AIM AMP Cap Ind Reit 0.22 0.23 Hold DCF
08/03/10 phillip AIM AMP Cap Ind Reit 0.225 0.23 Hold DCF

Hong Kong stock market still has more rooms to fall!

The chart dated 14/08/10 above showed all the bearish signs of HSI. Therefore, HSI is poised for more downsides in the near term.

Saturday, August 14, 2010

Dow Jones - More rooms to fall!

The chart dated 14/08/10 above showed all bearish signs except RSI which is neutral. This means that Dow Jones still has some room for further fall in the short term.

STI - More downside to come for the Singapore stock market?

The chart dated 14/08/10 above showed all bearish signals except for RSI which neutral. Therefore, STI still has some downside in the short term.

Friday, August 13, 2010

Baltic Dry Index had increased to 2378 points on Wednesday.

Quote:

The gauge climbed 166 points, or 7.5 per cent, to 2,378 points on Wednesday, according to the London-based Baltic Exchange.

End Quote.

Genting - Great earnings report & latest buy calls from analysts

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

01/05/10 AmFraser Genting 1.28 1.28 Under Review
05/14/10 AmFraser Genting 0.98 0.98 Hold
08/13/10 AmFraser Genting 1.28 2.13 Buy

01/14/10 CIMB Genting 1.24 1.5 Outperform Ebitda 20x
01/27/10 CIMB Genting 1.1 1.5 Trading Buy Sum of parts
02/09/10 CIMB Genting 1.09 1.5 Trading Buy Sum of parts
03/18/10 CIMB Genting 0.97 1.23 Trading Buy
04/29/10 CIMB Genting 0.87 1.23 Outperform Sum of parts
05/11/10 CIMB Genting 0.96 1.23 Outperform
05/14/10 CIMB Genting 0.975 1.38 Outperform Sum of aparts
05/18/10 CIMB Genting 0.99 1.38 Outperform

01/22/10 Citigroup Genting 1.23 0.8 Sell
02/22/10 Citigroup Genting 0.97 0.76 Sell Sum of parts/DCF

02/08/10 DBS Vickers Genting 1.09 1.2 Hold Sum of parts
02/22/10 DBS Vickers Genting 0.94 1.07 Hold Sum of parts
03/08/10 DBS Vickers Genting 0.9 1.07 Hold PER26x, Ev/Ebitda14x
03/19/10 DBS Vickers Genting 0.97 1.07 Hold Sum of parts
03/22/10 DBS Vickers Genting 0.97 1.07 Hold Sum of parts
05/14/10 DBS Vickers Genting 0.975 1.2 Buy Sum of parts
06/23/10 DBS Vickers Genting 1.15 1.2 Buy
08/10/10 DBS Vickers Genting 1.26 1.6 Buy Sum of parts
08/13/10 DBS Vickers Genting 1.28 2 Buy Sum of parts

01/29/10 DMG & Partners Genting 1.08 1.22 Trading Buy
05/14/10 DMG & Partners Genting 0.975 1.26 Buy
08/13/10 DMG & Partners Genting 1.28 2.02 Buy Sum of parts

07/26/10 Goldman Sachs Genting 1.21 1.15 Neutral

07/02/10 Macquarie Genting 1.18 1.3 Buy

07/08/10 Merrill Lynch Genting 1.19 1.4 Buy Sum of parts, EV/Ebitda 14x

02/08/10 OCBC Genting 1.09 1.39 Buy
02/22/10 OCBC Genting 0.94 1.04 Buy DCF
03/08/10 OCBC Genting 0.905 1.04 Buy
03/18/10 OCBC Genting 0.94 1.04 Buy
05/27/10 OCBC Genting 1 1.29 Buy
07/05/10 OCBC Genting 1.16 1.34 Buy DCF
08/13/10 OCBC Genting 1.28 1.66 Buy DCF

08/13/10 RHB Genting 1.28 2.4 Outperform EV/Ebitda & DCF

Tat Seng - Buy call from SIAS Research

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

09/18/09 SIAS Research Tat Seng 0.19 0.21 Buy BV (40% discount)

Thursday, August 12, 2010

China Kunda - Buy call from Phillip

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

10/30/09 phillip China Kunda 0.255 0.39 Buy

Chartered - You should accept the offer!

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

09/08/09 DBS Vickers Chartered 2.66 2.68 Accept Offer PB2.5x

09/08/09 DMG & Partners Chartered 2.66 3.14 Buy PB1.3x
10/23/09 DMG & Partners Chartered 2.63 2.68 Neutral PB1.1x

09/22/09 Lim & Tan Chartered 2.58 0 Accept Offer

09/08/09 OCBC Chartered 2.59 2.44 Accept Offer NTA
11/19/09 OCBC Chartered 2.65 0 Accept Offer