Tuesday, May 12, 2009

Market Daily -- 12th May 09

31. Neptune Orient Lines 1Q Net Loss US$245 Million

30. Sembcorp Industries 1Q Net S$133.6M Vs S$123.1M; Poll S$126M

29. City Dev Target Raised To S$7.30 From S$6.40 By Daiwa

28. Cosco Target Cut To S$0.67 From S$0.92 By Phillip Securities

27. City Developments Target Raised To S$10 Vs S$4.32 By Goldman

26. China Life, Hopu Fund, Temasek Buying 13.5B CCB Shares-Sources
China Life, Hopu, Temasek Buying $7.3B Block Of CCB Shrs-Sources

25. Ezion Holdings Consortium Gets A$350M Contract

24. UOL Group Target Raised To S$2.62 From S$1.87 By Goldman

23. Mapletree Logistics Target Raised To S$0.50 From S$0.45 - GS

22. Keppel Land Target Raised To S$1.52 From S$1.06 By Goldman

21. CapitaLand Target Raised To S$3.90 From S$2.68 By Goldman

20. Ascendas REIT Target Raised To S$1.45 From S$1.30 By Goldman

19. Allgreen Properties Tgt Raised To S$0.82 From S$0.42 By GS

18. Noble Group Originally Planned To Raise US$200 Mln - Source

17. Noble Group Raises US$125.5M In Share Sale -Source

16. OCBC Target Raised To S$8.00 From S$6.50 By Citigroup

15. DBS Group Target Raised To S$14 From S$12 By Citigroup

14. Synear Food Fair Value Raised To S$0.23 From S$0.14 By UOB

13. City Developments Tgt Raised To S$10.9 From S$7.85 By UOB-KH

12. Singapore Govt Plans S$1.73B Info Tech Investments This FY

11. ASL Marine Target Raised To S$1.07 From S$0.55 By DMG

10. First Resources Target Raised To S$0.42 From S$0.21 By DMG

9. Indofood Agri Target Raised To S$1.17 From S$0.95 By DMG

8. City Developments Target Raised To S$9.30 Vs S$7.02 - Kim Eng

7. City Developments Target Raised To S$7.30 Vs S$6.40 By Daiwa

6. UOB Target Raised To S$18.00 From S$14.60 By Nomura

5. City Developments Target Raised To S$5.53 From S$4.14 By CS

4. Jardine Math Target Raised To US$26.58 From US$23.00 By JPM

3. Jardine Strat Target Raised To US$15.00 From US$12.50 By JPM

2. Keppel Corp Target Raised To S$9.40 From S$7.10 By Deutsche

1. WALL STREET: Stocks fell sharply as banks, financial institutions decided to raise capital, General Motors moved closer to verge of bankruptcy. Dow down 1.8%, Nasdaq down 0.5%