Thursday, February 7, 2013

Market Daily -- 7th Feb 13

24. Singapore Airlines 3Q Net Profit S$142.5 Mln Vs S$135.2 Mln
Singapore Airlines 3Q Revenue S$3.86 Bln Vs S$3.88 Bln
Singapore Airlines 3Q Fuel Costs S$1.48B Vs S$1.51B Year Earlier
Singapore Airlines: International Air Travel Demand Outlook Remains Challenging
Singapore Airlines: Cargo Still Depressed Because of Troubled European Economy
Singapore Airlines: Jet-Fuel Costs, Strong Singapore Dollar Are Challenges

23. Olam International: 2Q Net Profit S$154.1 Million Vs S$128.5 Million

22. Singapore January Foreign-Exchange Reserves $258.8B Vs $259.3B in December

21. Tiger Airways: Won't Seek Australia Unit Investors if JV With Virgin Not Approved
Tiger Airways: Virgin Is Right Partner, Others Can't Help Australia Unit

20. Wilmar International Target Raised To S$3.36 From S$2.83 By HSBC

19. Bumitama Agri Target Raised To S$1.29 From S$1.15 By HSBC

18. First Resources Target Raised To S$2.74 From S$2.61 By HSBC

17. Golden Agri Target Raised To S$0.75 From S$0.67 By HSBC

16. Indofood Agri Resources Target Raised To S$1.41 From S$1.24 By HSBC

15. Mewah International Target Cut To S$0.38 From S$0.40 By HSBC

14. Goodpack Target Trimmed To S$2.04 From S$2.10 By CIMB

13. CapitaMalls Asia Falls 4.2% to S$2.08; 4Q Net Profit -10% at S$184.8M

12. FJ Benjamin Target Cut To S$0.32 From S$0.35 By UOB KayHian

11. Eu Yan Sang Target Raised To S$0.59 From S$0.57 By OSK-DMG

10. Religare Healthcare Trust Target Raised To S$1.05 From S$0.93 By Nomura

9. Goodpack Target Cut To S$2.15 From S$2.25 By Maybank-Kim Eng

8. Karin Technology Fair Value Raised To S$0.295 From S$0.25 By OCBC

7. Goodpack Fair Value Raised To S$1.95 From S$1.85 By OCBC

6. Global Logistic Properties Target Raised To S$2.77 From S$2.65 By Phillip Securities

5.  ASL Marine Fair Value Raised To S$0.86 From S$0.82 By OCBC

4. Overseas Education Opens Up 27.1% At S$0.61 Vs S$0.48 IPO Price

3. ACCC Says Virgin Acquisition Of Tiger May Raise Competition Concerns
ACCC Says Tiger's Financial Position May Affect Decision
ACCC Says Virgin Pledge To Expand Tiger Fleet May Favourably Affect Decision
ACCC Says Virgin Pledge To Expand Tiger Fleet May Favourably Affect Decision

2. CapitaMalls Asia 4th-Quarter Net Falls 10% to S$184.8 Million

1. The Dow Jones Transportation average .DJT was down 0.2 percent after hitting another record high on Tuesday. The average is up 10.7 percent for the year so far and has made a series of new highs since mid-January.