Friday, February 25, 2011

Market Daily -- 25th Feb 11

8. Sembcorp Industries 4Q Net Profit S$228.7 Mln Vs S$259 Mln; Poll S$165.7 Mln
Sembcorp Industries 4Q Revenue S$2.07 Bln Vs S$2.42 Bln 
Sembcorp Industries: 2010 Net Profit S$792.9 Mln Vs S$682.7 Mln

7. City Developments Target Cut To S$11.64 From S$12.60 By HSBC

6.  Singapore January Manufacturing Output +10.5% On Year Vs +6.3% Poll
 Singapore January Adj Manufacturing +15.4% On Month Vs +7.9% Poll
 Singapore January Electronics Output +20.2% On Year
Singapore January Pharmaceuticals Output Down 9.5% On Year 
Singapore January Transport Engineering Output +9.2% On Year

5. United Overseas Bank: 4Q Net S$706M Vs S$522M; Poll S$569M
 UOB 4Q Net Interest Income S$865M Vs S$892M
 UOB 4Q Non-Interest Income S$700M Vs S$350M
UOB 4Q Impairments S$183M Vs S$47M
UOB 4Q Net Interest Margin 1.91% Vs 2.28%

4. City Developments Target Cut To S$15.60 Vs S$17.16 - Credit Suisse

3. Sembcorp Marine Target Raised To S$6.10 Vs S$4.90 By UOBKayHian

2. SingTel Target Raised To S$3.36 From S$3.25 By Citigroup

1. UE E&C Opens At S$0.415 On SGX Debut Vs S$0.48 IPO Price