Friday, May 13, 2011

Market Daily -- 13th May 11

8. Singapore Apr Bunker Sales At 3.25M Tons, Down 7.7% Vs Mar
Singapore Jan-Apr Bunker Sales Up 5.4% On Yr At 13.68M Tons

7. Genting Singapore Target Cut To S$2.30 From S$2.40 By Citi

6. Golden Agri-Resources 1Q Net Profit US$230.7 Mln Vs US$88.5 Mln
Golden Agri-Resources 1Q Revenue US$1.46B Vs US$624.5M

5. SingTel Target Cut To S$3.62 Vs S$3.73 By Credit Suisse

4. Mapletree Commercial Started At Outperform; Target S$1.05 By CS

3. Hutchison Port Started At Underperform; Target US$0.80 By CS

2. SC Global Target Cut To S$1.65 Vs S$1.80 By Phillip Securities

1. Wilmar International 1Q Net $386.7M Vs Net $401.4M
Wilmar International 1Q Rev $9.54B Vs $6.76B
Wilmar Chairman: Positive On Prospects Despite Challenging Environment In China