Wednesday, November 12, 2008

Market Daily -- 12th Nov 08

15. Singapore Telecom Target Cut To S$3.09 From S$3.85 By OCBC

14. Singapore Telecom Target Cut To S$2.67 From S$2.80 By DMG

13. Golden Agri-Resources 3Q Net $224M Vs $144M

12. Ezra Hldgs Target Cut To S$1.04 From S$3 By Goldman Sachs

11. Stocks to be deleted from MSCI Singapore Index sharply lower; CapitaCommercial down 6.8% at S$0.895, Venture down 11.3% at S$4.96, Yanlord down 4.2% at S$0.805, Keppel Land down 8.9% at S$1.85 vs FTSE ST All Share index down 1.6%

10. STX Pan Ocean Target Cut To S$0.90 From S$1.95 By DBS

9. Cityspring Infrastructure Target Cut To S$0.75 Vs S$1.55 -DBS

8. STX Pan Ocean Target Cut To S$0.90 Vs S$2.30 By UOB KayHian

7. Hong Leong Asia Target Cut To S$1.00 From S$2.70 By DMG

6. Biosensors Intl Target Cut To S$0.66 From S$1.03 By OCBC

5. Noble Group Target Cut To S$1.55 From S$2.92 By Citigroup

4. Hong Leong Asia Target Cut To S$0.70 From S$1.65 By JPMorgan

3. Tat Hong Target Cut To S$1.00 From S$2.33 By JPMorgan

2. Wilmar Intl 3Q Net Profit $482.6M Vs $195.2M

1. SingTel 2Q Net Profit S$868M Vs S$988M; SingTel 2Q Operating Revenue S$3.89B Vs S$3.69B; SingTel Interim Dividend 5.6 Singapore Cents Per Share