Thursday, February 11, 2010

Market Daily -- 11th Feb 10

16.  Neptune Orient Lines 2009 Net Loss US$741 Million
Neptune Orient Lines 4Q Net Loss US$211 Million 


15.  Fraser & Neave 1Q Net Profit S$138.4M

14.   Olam International 2Q Net Profit S$158.9 Million
 Olam International 2Q Net S$158.9 Million VS S$103.4 Million

13.  Mapletree Investments' Fund Buys Building From RREEF China Commercial Trust
Mapletree's Fund To Pay CNY2.9 Billion For Building 

12.  Genting Singapore To Open Resorts World Casino Feb 14
Genting Singapore: Still Fine Tuning Universal Studios Rides 
Genting Singapore: Universal Studios Scheduled To Open In 1Q

11.  Tiong Woon Target Cut To S$0.72 From S$0.89 By DMG

10.  ASL Marine Target Cut To S$0.96 From S$1.06 By DBS Vickers

9.  Tiong Woon Target Cut To S$0.56 From S$0.72 By CIMB

8.  Lippo-Mapletree Target Raised To S$0.59 From S$0.48 By OCBC

7.  Great Eastern Target Raised To S$16.40 From S$15.41 By CS

6.  SingTel Target Raised To S$3.10 From S$2.86 By Goldman

5.  SingTel Target Raised To S$3.31 From S$2.99 By CLSA

4.  CapitaLand 4Q Net Profit S$885.7M Vs Net S$78M; S$641.4M Expected
CapitaLand 4Q Revenue S$833M Vs S$703.7M 
CapitaLand 4Q Net Pft Excluding Revaluations S$1.18B Vs S$167.7M

3.  ComfortDelGro Target Raised To S$1.43 From S$1.25 By Citi

2.  ComfortDelGro Target Raised To S$1.88 From S$1.80 By CS

1.  Stocks bounced around but ended in red as materials companies slipped amid global jitters focused on Greece. Bank of America, best performer, +1.4% as financials climbed following release of Bernanke's outline of Fed's plan to gradually tighten credit policy. Investors still concerned about fragile finances of Greece held back from making bold moves until shape of potential bailout plan emerges, expected by many Thursday.  Dow ended down 0.2%, Nasdaq down 0.1%