Tuesday, November 18, 2008

Market Daily-- 18th Nov 08

14. Straits Asia Resources Gets US$300 Million Loan

13. CIMB Cuts End-2009 STI Target To 2040 From 2400

12. Swiber Holdings Target Cut To S$0.62 From S$2.17 By DMG

11. Swiber Hldgs Target Cut To S$1.00 From S$2.93 By DBS Vickers

10. China Hongxing Sports Restarted At Buy By ML; S$0.40 Target

9. Olam Target Cut To S$1.00 From S$2.60 By Merrill Lynch

8. Singapore Min: FY08 Budget Deficit Possibly Above S$2.4B
Had Estimated S$800M FY08 Budget Deficit
To Fund Larger Deficit From FY07 Surplus

7. Noble Group Target Cut To S$0.70 Vs S$3.15 By Merrill Lynch

6. Golden Agri Started At Buy By ABN Amro; S$0.29 Target

5. Hongkong Land Target Cut To US$2.50 From US$4.40 By JPMorgan

4. Sembcorp Ind Target Cut To S$3.39 from S$5.10 By Macquarie

3. SembMarine Target Cut To S$3.05 from S$5.20 By Macquarie

2. Straits Asia Target Cut To S$2.60 from S$4.30 By Macquarie

1. Olam Intl Target Cut To S$1.00 From S$2.60 By Merrill Lynch