Monday, May 16, 2011

Market Daily -- 16th May 11

19. Singapore Airlines April Passenger Load Factor 74.6% Vs 77.6% Last Year
Singapore Airlines April Cargo Load Factor 65.5% Vs 64.6%
Singapore Airlines April Overall Load Factor 68.2% Vs 69.3% April 2010

18.  GIC To Buy US$30M Of Shares In Nobao Renewable Energy's US$300 Mln US IPO-Source
 Nobao Plans To List In The US On May 27; Roadshow began May 17 - Source
 
17. Singapore Airlines Target Cut To S$15.00 From S$16.50 By HSBC

16. Singapore Airlines Target Cut To S$12.35 Vs S$14.00 By DMG

15.  Singapore April Non-Oil Exports -1.8% On Year Vs +8.5% Expected
Singapore April Non-Oil Exports -3.6% Adj On Month Vs +4.3% Expected 
 Singapore April Non-Oil Exports To US -5.0% On Year
 Singapore April Non-Oil Exports To EU +13.5% On Year
 Singapore April Non-Oil Exports To China +3.7% On Year
 Singapore April Electronics Exports -10.4% On Year
 Singapore April Non-Electronics Exports +2.8% On Year
 Singapore April Pharmaceuticals Exports +47.6% On Year

 14. OCBC Target Raised To S$12.05 From S$11.80 By UOB KayHian

13. Neptune Orient Lines Target Cut To S$2.30 Vs S$2.55 By UOB

12. Armstrong Industrial Target Cut To S$0.385 Vs S$0.485 By CIMB

11. Swiber Fair Value Cut To S$0.88 From S$0.94 By OCBC

10. Neptune Orient Lines Fair Value Cut To S$2.05 Vs S$2.70 By OCBC

9. Ascendas Group Plans To List China Property Assets Via REIT In HK - Sources
Ascendas Group Plans Yuan-denominated REIT In HK - Sources 
Ascendas Group Plans To List China Assets In HK In Second Half - Sources

8. ComfortDelGro Target Cut To S$1.80 From S$2.00 By JPMorgan

7. Keppel Corp. Target Price Raised to S$13.80 Vs S$12.77 By DMG

6. Singapore Airlines Target Cut To S$13.90 From S$16.00 -Citigroup

5. Golden-Agri Target Raised To S$0.75 Vs S$0.58 By JPMorgan

4. Golden-Agri Target Raised To S$0.79 From S$0.71 By Goldman Sachs

3. Singapore Trade Minister: May Conclude FTA Talks With EU This Year
Singapore Trade Minister: Singapore Remains Committed To Free Trade 
Singapore Trade Minister: Global Economy Susceptible To Many Downside Risks
Singapore Trade Minister: Trade-Related Services Share One-Sixth Of Singapore's GDP 

2. ComfortDelGro Target Cut To S$1.75 From S$1.95 By CS

1. Noble Group: Sale Conditional Upon Gloucester Raising A$500 Mln In Debt
Noble Group: To Sell Donaldson Coal To Gloucester Coal For A$360M