Monday, November 3, 2008

Market Daily -- 3rd Nov 08

36. Great Eastern Holdings 3Q Net Profit S$135.2M Vs S$124.4M

35. DMG Cuts Suntec REIT Target To S$0.79 Vs S$1.87

34. Macquarie cuts Wilmar target price to S$2.50 from S$4.15; maintains Outperform rating

33. Dairy Farm Intl US$4.63 Target Price Initiated By CS

32. KS Energy Gets Contract Extensions Worth Up To S$154.3M

31. People's Food Holdings Target Cut To S$0.70 Vs S$1.10 By GS

30. Suntec REIT Target Cut To S$1.33 From S$1.58 By UOB-KH

29. Raffles Ed Target Cut To S$1.20 From S$1.75 By Credit Suisse

28. Hyflux Target Cut To S$2.67 Vs S$3.60 By Credit Suisse

27. UOB Target Cut To S$14.75 Vs S$19.25 By CS; Keeps Outperform

26. Keppel Corp Target Cut To S$5.40 From S$13.00 By Macquarie

25. CapitaLand Target Cut To S$2.30 From S$4.21 By CIMB

24. CapitaCommercial Target Cut To S$1.85 Vs S$3.05 - Macquarie

23. Cosco Says Subsidiary Owed $12.4M On Russian Ship Repairs

22. UOB Target Cut To S$14.20 Vs S$20.80 By Kim Eng; Kept At Hold

21. UOB Target Cut To S$13.50 From S$19.30 By Phillip Securities

20. CapitaLand Target Cut To S$2.62 From S$3.71 By OCBC

19. UOB Target Cut To S$13.30 From S$20.60 By OCBC; Kept At Hold

18. Macquarie downgrades City Developments to Neutral from Outperform, cuts target price to S$6.28 from S$11.70

17. Chartered Semi Target Cut To US$1.70 From US$3.25 By HSBC

16. UOB Target Cut To S$18.60 From S$19.70 By UBS; Kept At Buy

15. SMRT Target Cut To S$1.65 From S$2.03 By DMG; Kept At Neutral

14. CapitaLand Target Cut To S$3.87 From S$7.04 By Macquarie

13. UOB Target Cut To S$16.00 From S$18.40 By DMG; Kept At Buy

12. Noble Group Target Cut To S$1.35 From S$2.88 By Macquarie

11. UOB Target Cut To S$10.50 From S$13.50 By Citi; Kept At Sell

10. Noble Group Target Cut To S$1.35 From S$2.88 By Macquarie

9. Wilmar Target Cut To S$2.50 From S$4.15 By Macquarie

8. UOB Target Cut To S$13.00 From S$14.00 By Morgan Stanley

7. Neptune Orient Lines Target Cut To S$1.50 From S$1.70 By MS

6. SembMarine Target Cut To S$2.45 From S$5.05 By Deutsche

5. ST Engineering Target Cut To S$3.30 From S$4.00 By Deutsche

4. Keppel Corp Target Cut To S$7.80 From S$13.50 By Deutsche

3. Sembcorp Ind Target Cut To S$3.45 From S$5.50 By Deutsche

2. SIA Engineering 2Q Net Pft S$73.4M Vs S$74.5M

1. WALL STREET: Stocks closed one of worst months on record with gain that gave investors stellar returns for week. Dow +1.6%, Nasdaq +1.3%