Thursday, February 4, 2010

Market Daily -- 4th Feb 10

23. StarHub Ltd Fourth Quarter Net Profit S$74.2 Million
StarHub 4Q Net Profit S$74.2 Million Vs S$87.4 Million
StarHub 4Q Operating Revenue S$550 Million Vs S$536.7 Million
StarHub: To Pay Dividend 19 Singapore Cents Per Share For 2009
StarHub: Content Costs, Especially For TV, To Remain High
StarHub: 2010 Operating Revenue Growth At Low Single-Digit Range
StarHub: 2010 EBITDA Margin On Service Revenue To Be Around 30%
StarHub: 2010 EBITDA Margin On Service Revenue To Be Around 30%

22. Sembcorp Marine Unit To Build New Shipyard In Brazil

21. Asia Environment Target Cut To S$0.23 Vs S$0.47 By DBS Vickers

20. First Resources Target Raised To S$1.40 From S$1.30 By Citi

19. Wilmar Target Raised To S$6.48 From S$6.06 By Citi

18. CapitaMalls Asia Target Cut To S$2.20 From S$2.30 By BoA-ML

17. Raffles Education Target Cut To S$0.32 From S$0.42 By DBSV

16. CapitaMalls Asia Target Cut To S$2.28 From S$2.77 By CIMB

15. Indofood Agri Added To Conviction Buy List By Goldman Sachs

14. Wilmar Removed From Conviction Buy List By Goldman Sachs

13. Epure Target Raised To S$1.28 From S$1.14 By CIMB

12. Raffles Education Target Cut To S$0.42 From S$0.51 By Kim Eng

11. Goodpack Target Raised To S$1.98 From S$1.04 By Kim Eng

10. Yong Xin Intl Started At Buy, S$0.29 Target By Phillip Sec

9. Raffles Education Target Cut To S$0.37 From S$0.60 By OCBC

8. Parkway Holdings Target Raised To S$3.50 From S$3.00 By UBS

7. Raffles Education Target Cut To S$0.52 From S$0.66 By BNP

6. Raffles Education Target Cut To S$0.60 From S$0.70 By CS

5. SingTel Target Raised To S$3.40 From S$3.05 By JPMorgan

4. CapitaMalls Asia Target Cut To S$2.59 Vs S$2.66 By CS

3. Straits Asia Resources Target Raised To S$1.50 Vs S$1.25 By CS

2. WALL STREET: Stocks weak as investors disappointed with quarterly earnings, 2010 guidance from drug giant Pfizer, Ryder Systems, along with drop in January same-store sales from Walgreen. Dow fell 0.3%, Nasdaq flat

1. Noble Group Plans To Tap US$400 Mln 2020 Bonds