Friday, November 13, 2009

Market Daily -- 13th Nov 09

24. Total Access: Hopes 3G Auction Will Happen In 1Q Or 2Q 2010
Total Access Communication: Delays In 3G Auction Frustrating
Total Access: 3G To Up Revenue 10%-20% After Couple Of Years
Total Access: 2009 Net Profit Likely Below 2008Years
Total Access: 2010 Capex Dependent On 3G License Auction
Total Access:Focus On Quality Customers,Retaining Subscribers

23. Singapore Oct Bunker Sales At 3.12M Tons, Down 1.6% Vs Sep
Singapore Jan-Oct Bunker Sales Up 3.4% On Yr At 30.32M Tons

22. China Hu: World Econ Shown Signs Of Stability, Recovery
China's Hu: World Growth Patterns Of Growth Unsustainable
China's Hu: World Economic Upturn Not Fully Established
China's Hu: World Growth Needs Trade Liberalization
China's Hu: Must Work For Early Doha Round Agreement
China's Hu: Must Reform International Financial System
China's Hu: China Focus In Crisis Is To Boost Domestic Demand
China's Hu: China Focusing On Boosting Consumer Demand
China's Hu: China Will Further Boost Domestic Demand

21. Hong Leong Asia Target Raised To S$3.98 Vs S$2.89 By CIMB

20. Yongnam Target Raised To S$0.44 Vs S$0.37 By CIMB

19. Li Heng Chemical Target Cut To S$0.28 Vs S$0.38 By Kim Eng

18. Banyan Tree Target Raised To S$0.94 Vs S$0.83 By CIMB

17. Singapore PM: Global Economy Emerging From Crisis
Singapore PM: APEC Trade Volumes Have Stabilized
Singapore PM: Singapore, Global Econ Clear But Modest Recovery
Singapore PM: Asia Experiencing Strong Rebound
Singapore PM: Recovery Not Yet On Firm Footing
Singapore PM: Asia Stimulus Impact Will Fade In Coming Months
Singapore PM: Asia To Unwind Stimulus Gradually
Singapore PM: Asia To Unwind Stimulus Gradually
Singapore PM: Not Sure If Market Rises Sustaina
Singapore PM: Asia Must Make Up For Slower US Consumer Spending
Singapore PM: Next 2 Years Growth To Be Slow Worldwide
Singapore PM: G-20 Agrees Too Early For Stimulus Exit
Singapore PM: Unwinding Monetary Stimulus Tougher Than Fiscal
Singapore PM: Ending Monetary Stimulus Too Late Would Risk Bubble

16. Ho Bee Target Raised To S$1.95 From S$1.65 By UOB KayHian

15. Hong Leong Asia Target Raised To S$2.83 Vs S$1.90 By DMG

14. City Developments Target Raised To S$10.43 Vs S$9.83 By OCBC

13. Parkway Holdings Target Raised To S$2.78 Vs S$2.22 By OCBC

12. Genting Singapore Target Raised To S$1.31 Vs S$1.01 By OCBC

11. Wilmar Target Raised To S$8.23 Vs S$7.51 By OCBC

10. CapitaLand CEO: Hope To List Mall Unit By End 2009
CapitaLand CEO: Response To Roadshows Have Been Very Good
CapitaLand CEO: To Use Funds From IPO For Acquisitions

9. Ezra Holdings Started At Buy, Target Set At S$2.70 By UOB-KH

8. ComfortDelGro Target Raised To S$1.70 From S$1,48 By Nomura

7. Wilmar Target Raised To S$6.30 Vs S$5.90 By CS

6. City Developments Target Raised To S$11.23 Vs S$10.80 By CS

5. Parkway Holdings Target Raised To S$3.35 Vs S$3.10 By CS

4. Parkway Holdings Target Raised To S$2.65 Vs S$1.81 By DMG

3. City Developments Target Raised To S$12.40 Vs S$12.00 By DMG

2. Olam Target Raised To S$3.08 From S$2.48 By DMG

1. WALL STREET: Energy stocks led indexes lower as crude oil futures fell, although Wal-Mart rose after 3Q earnings came in above its guidance. Exxon fell 1.4%, while Chevron dropped 1.4% after 3% drop in oil futures on report of bigger-than-expected rise in crude stockpiles. Dow ended down 0.9%, snapping a 6-day winning streak, Nasdaq shed 0.8%