Friday, February 5, 2010

Market Daily -- 5th Feb 10

6. Sembcorp Marine Target Raised To S$3.45 From S$3.20 By UOB KH

5. Singapore Airport Target Raised To S$3.07 From S$2.63 By DMG

4. Genting Singapore Target Raised To S$0.89 From S$0.82 By UBS

3. Starhub Target Raised To S$2.00 From S$1.80 By BoA-ML

2. Keppel Corp: In Joint Venture With Ezra Holdings, PetroVietnam Transportation, EOC Lt
Keppel Corp: Joint Venture For Floating Production, Storage, Offloading Vessel

1. DBS Group 4Q Net Profit S$493M Vs S$295M; Expected S$406M
DBS Group 4Q Net Interest Income S$1.13B Vs S$1.12B
DBS Group 4Q Allowances For Credit, Losses S$384M Vs S$269M
DBS Group 4Q Expenses S$700M Vs S$689M
DBS Group Nonperforming Loan Ratio 2.9% Vs 1.5%
DBS Group Rest-Of-World NPL Ratio 13.1% Vs 0.7%