Friday, April 24, 2009

Market Daily -- 24th Apr 09

13. SMRT Corp 4Q Net Profit S$38.7M Vs S$34.2M Year Ago

12. Chartered Semi Target Raised To S$0.135 From S$0.11 By CIMB

11. Singapore March Manufacturing Dn 33.9% On Yr Vs Dn 15.1% Feb
Dow Jones Poll Had Forecast March Manufacturing Dn 27% On Yr

10. Singapore 1Q Private Property Prices Fall 14.1% On Quarter

9. RBS Raises Olam Target To S$0.82; Keeps Sell

8. Macquarie Cuts OCBC To Neutral; S$5.66 Target

7. Jardine C&C Target Raised To S$10.28 From S$9.91 By DMG

6. Keppel Corp Target Raised To S$6.30 From S$4.60 By CIMB

5. Olam Target Raised To S$0.82 From S$0.57 By RBS; Keeps Sell

4. Frasers Centrepoint Target Cut To S$1.00 From S$1.15 By JPM

3. Keppel Land To Offer 9 Rights Shares For Every 10 Shares
Keppel Land To Issue Up To 653.5M Shares At S$1.09/Shr
Keppel Land In Rights Issue To Raise S$712.3M

2. CapitaLand 1Q Net Profit S$42.9M Vs S$247.5M
CapitaLand 1Q Rev S$487M Vs S$631.3M
CapitaLand 1Q 2008 Net Included S$141.4M Portfolio Gains

1. Chartered Semiconductor M 1Q Loss $114.2M
Chartered Semiconductor M 1Q Rev $243.9M
Chartered Semiconductor M 1Q Loss/ADS 26c
Chartered Semiconductor M Sees 2Q Loss 7c/ADS-Net 2c/ADS
Chartered Semiconductor M Sees 2Q Rev $321M-$333M