Thursday, November 4, 2010

Market Daily -- 4th Nov 10

12. Sembcorp Marine 3Q Net Profit S$296 Mln Vs S$144.6 Mln
Sembcorp Marine 3Q Revenue Fell 27% On Year S$1.11 Bln
Analysts Expected Sembcorp Marine 3Q Net Profit At S$180 Mln 
Sembcorp Marine: Orders In Hand Total S$4.7B; To Be Completed By 1Q 2013

11.  Changi Airport: All 469 On Board Qantas A380 Plane Disembarked
 Changi Airport: To Soon Reopen Runway On Which Qantas A380 Landed
Changi: Flight Operations At Singapore Not Affected By Qantas Incident 

10. Fraser & Neave Target Raised To S$6.91 Vs S$6.41 By CIMB

9. DBS Group Target Raised To S$17.00 From S$14.03 By CIMB

8. DBS CEO: Net Interest Margins To Remain Subdued
 DBS CEO: Non-Singapore IPOs Starting To Fill DBS Pipeline
 DBS CEO: Expect High Single Digit Loan Growth In 2011
DBS CEO: Home Loan Applications Down 20%-25% Sequentially After August Tightening 
DBS CEO: Home Loan Applications Down 20%-25% Sequentially After August Tightening

7. Cosco (Singapore) Target Raised To S$2.20 Vs S$2.01 By CIMB

6. Singapore-Bound Plane Apparently Crashes On Indonesia Island -Kyodo
Qantas Airbus Has Air Accident In Indonesia: Police - Xinhua
Qantas Shares Fall After Xinhua Report Of Air Accident, Down 1.1% At A$2.84
Indonesia Reports Qantas Plane With Suspected Engine Problem, No Crash - Official
Qantas Plane To Attempt Emergency Landing In Singapore -Indonesia Official
Troubled Plane Landing In Singapore 'Any Time' - Airport Operator
Qantas Jet Debris Found In Town On Indonesia's Batam Island -Witness
Qantas Airbus A380 Turned Back To Singapore After Engine Trouble - Media
Troubled Qantas plane lands in Singapore
Rolls Royce Says Will Work With Qantas To Identify Problem With A380
Rolls Royce Says Will Work With Qantas To Fix A380 Problem
More Than 400 People Aboard Troubled Qantas Plane - CNN
No Injuries In Qantas Plane Incident - Australian Government
Qantas A-380 Lands At Singapore's Changi Airport "Safely" - Airport Statement 
Qantas: No Plans To Ground Any Other Flights For Now

5. Cosco (Singapore) Target Raised To S$2.30 Vs S$1.50 By UOB-KH

4. Cosco Corp Target Raised To S$1.50 From S$1.20 By CS

3. Singapore Billionaire Peter Lim Buys Additional Stake In Thomson Medical
 Singapore's Lim Buys 19.3M Thomson Medical Shares In Open Market

2. DBS Group 3Q Net Profit S$722M Vs S$563M; Expected S$650.2M
DBS Group 3Q Net Interest Income S$1.08B Vs S$1.14B
DBS Group 3Q Noninterest Income S$340M Vs S$361M
DBS: Total Capital Adequacy Ratio At 16.3%
DBS Group: 3Q Nonperforming Loan Ratio 2.1% Vs 2.6%
DBS Group: 3Q Allowances At S$195M Vs S$265M
DBS Group 3Q Net Interest Margin 1.80% Vs 2.03%
DBS Group: 3Q Lending +15% On Year; +1% On Quarter

1. WALL STREET: DJIA lurches to two-year closing high, after bouncing around violently after congressional election and Fed saying it would buy $600 billion to prime the economy. Dow +0.2%, Nasdaq +0.3%