Tuesday, February 14, 2012

Market Daily -- 14th Feb 12

32. Global Logistic Properties 3Q Net $86.3M Vs $83.4M

31. Olam International 2Q Net Profit S$128.5M Vs S$145.4M

30. Apple, Component Suppliers Working To Test Tablet with Smaller Screen - Sources

29. SC Global Target Cut To S$0.87 From S$1.90 By DMG & Partners

28. FJ Benjamin Target Cut To S$0.41 From S$0.44 By DMG & Partners

27. SingTel Target Cut To S$3.33 From S$3.47 By Citigroup

26.  DBS China CEO: Have Received PBOC Approval To Sell Yuan-Denominated Bonds
 DBS China CEO: Bond Sale To Support China Bond Market, Yuan Internationalization
 DBS China CEO: Plan To Sell CNY10 Billion To CNY20 Billion Of Bonds
 DBS China CEO: Final Bond Sale Size, Timing Depends On Market Conditions

25. ASL Marine Fair Value Raised To S$0.68 From S$0.54 By OCBC

24. SingTel Target Cut To S$3.08 From S$3.48 By UOB-KayHian

23. Wilmar International Target Raised To S$6.75 From S$5.40 By DBS Vickers

22.  Boeing Expects 40%-50% Of Global Defense Business To Come From Asia Pacific In 10 Years
Boeing Exec: Hopeful Of India Order For 6 Additional C-17 Transport Planes
Boeing Exec: See Rising Market For Maritime Reconnaissance Aircraft In Asia Pacific
Boeing Exec: Hope India Exercises Options For 4 P-8 Maritime Reconnaissance Aircraft 
Boeing Exec: Currently Not Negotiating Fighter Deal With India; Will Respond To Any Request
Boeing Exec: Pursuing Proposed South Korea Order For 60 Fighter Jets 
Boeing Exec: Offering More F-18 Super Hornet Fighters To Australia

21. First Resources Target Raised To S$2.05 From S$1.70 By DBS Vickers

20. Indofood Agri Target Raised To S$1.50 from S$1.28 By DBS Vickers

19. Amtek Engineering Target Raised To S$0.79 From S$0.53 By CIMB

18. China Minzhong Food Target Raised To S$1.68 From S$1.43 By CIMB

17. Wing Tai Holdings Target Raised To S$1.33 From S$1.10 By CIMB

16. China Minzhong Food Target Cut To S$0.95 From S$1.10 By JPMorgan

15. Indofood Agri Resources Target Raised To S$1.74 Vs S$1.64 By Macq

14. Wing Tai Holdings Target Cut 10.2% To S$1.63 By Macquarie

13.  Wing Tai Holdings Target Raised To S$1.16 From S$0.92 By DMG

12. DBS CEO Piyush Gupta: Greater China Accounts For 29% Of Total Revenue; Expects Rise To 33% In Near Term
DBS CEO: To Remain 'Vigilant' About Macro Concerns In Growing Mainland China Franchise

11. SingTel Target Cut To S$3.33 From S$3.47 By Citigroup

10. Viz Branz Fair Value Raised To S$0.37 From S$0.33 By OCBC

9. KSH Holdings Fair Value Cut To S$0.25 From S$0.30 By OCBC

8. ComfortDelGro Target Raised To S$1.51 From S$1.44 By BarCap

7. Wing Tai Target Raised To S$1.12 From S$0.97 By Kim Eng

6. Boustead Singapore Target Cut To S$1.18 From S$1.32 By Kim Eng

5. FJ Benjamin Target Raised To S$0.36 From S$0.33 By DBS Vickers

4. ASL Marine Target Raised To S$0.78 From S$0.66 By DBS Vickers

3. Tiger Airways Target Raised To S$0.81 From S$0.71 By DBS Vickers

2. CapitaLand 4Q Net Profit S$476.6M Vs S$596M; S$193M Expected
CapitaLand: Recent Government Measures Likely To Reduce Residential Sales Volume In Short Term
CapitaLand: Significant Price Correction Appears Unlikely Due To Ample Liquidity, Favorable Interest Rates

1. The Dow Jones industrial average .DJI rose 82.27 points, or 0.64 percent, to 12,883.50. The S&P 500 Index .SPX gained 10.12 points, or 0.75 percent, to 1,352.76. The Nasdaq Composite .IXIC added 28.80 points, or 0.99 percent, to 2,932.68