Investment Recommendation - 15 May 2008
|
Date
|
Stock
|
Broker
|
Price
|
Target Price
|
Recommendation
|
|
(6-12mths)
|
|||||
|
14/05/08
|
CSM
|
CIMB
|
0.91
|
0.87
|
Neutral
|
|
|
Comfort Delgro
|
UOB KH
|
1.76
|
1.89
|
Downgrage to Hold
|
|
15/05/08
|
Epure
|
UOB KH
|
0.58
|
0.74
|
Buy
|
|
|
Sino Techfibre
|
UOB KH
|
0.805
|
1.85
|
Buy
|
|
|
Full Apex
|
UOB KH
|
0.29
|
0.44
|
Buy
|
|
|
SingTel
|
Phillip
|
3.73
|
4.01
|
Buy -Maintained
|
|
|
Beauty China
|
UOB KH
|
0.83
|
1.38 (Pre: 1.41)
|
Buy
|
|
|
Synear Food
|
UOB KH
|
0.56
|
0.83
|
Buy
|
|
|
City Dev
|
UOB KH
|
11.70
|
14.05
|
Buy
|
|
|
AusGroup
|
UOB KH
|
0.77
|
1.40 (Pre: 2.20)
|
Buy
|
|
|
SembCorp Ind
|
UOB KH
|
4.30
|
4.70 (Pre: 5.00)
|
Hold
|
|
|
Broadway
|
CIMB
|
0.85
|
1.85
|
Outperform -Maintained
|
|
|
FJ Benjmin
|
CIMB
|
0.37
|
0.40
|
Underperform -Maintained
|
|
|
SembCorp Ind
|
CIMB
|
4.31
|
5.82
|
Outperform -Maintained
|
|
|
China Sports
|
CIMB
|
0.53
|
0.96
|
Outperform -Maintained
|
|
|
NOL
|
CIMB
|
3.76
|
4.50
|
Outperform -Upgraded
|
|
|
Time Watch
|
CIMB
|
0.22
|
0.40
|
Outperform -Maintained
|
|
|
City Dev
|
CIMB
|
11.70
|
13.90
|
Outperform -Upgraded
|
|
|
China Fishery
|
CIMB
|
1.84
|
3.30
|
Outperform -Maintained
|
|
|
Synear Food
|
CIMB
|
0.56
|
0.35
|
Underperform -Maintained
|
|
|
Sinomem Tech
|
CIMB
|
0.72
|
0.80
|
Neutral -Maintained
|
|
|
Swiber
|
CIMB
|
2.85
|
5.05
|
Outperform -Maintained
|
|
|
UOL
|
CIMB
|
3.84
|
4.32
|
Neutral -Maintained
|
|
|
Indofood Agri
|
CIMB
|
2.42
|
3.25
|
Outperform -Maintained
|
|
|
Wilmar
|
CIMB
|
4.96
|
6.40
|
Outperform -Maintained
|
|
|
SingTel
|
CIMB
|
3.73
|
4.05
|
Neutral -Maintained
|
|
|
Golden Agri
|
CIMB
|
0.97
|
1.55
|
Trading Buy -Maintained
|
|
|
SIA
|
CIMB
|
15.78
|
16.50
|
Neutral -Maintained
|
|
|
Man Wah
|
DBS
|
0.30
|
0.59
|
Buy
|
|
|
First Resources
|
DBS
|
1.23
|
1.75 (1.80)
|
Buy
|
|
|
HongLeong Asia
|
DMG
|
2.26
|
4.00
|
Buy -Maintain
|
|
|
Swiber
|
DBS
|
2.85
|
3.49
|
Buy
|
|
|
China Farm
|
DMG
|
0.56
|
0.94
|
Buy -Maintain
|
|
|
CDL
|
DMG
|
11.70
|
11.62
|
Neurral
|
|
|
Tsit Wing
|
OIR
|
0.33
|
0.285
|
Maintain Hold
|
|
|
China Farm
|
UOB KH
|
0.56
|
0.74
|
Buy
|
|
|
ComfortDelgro
|
UOB KH
|
1.69
|
1.89 (2.46)
|
Downgrade to Hold
|
|
|
Wheelock
|
DBS
|
2.24
|
1.88 (Pre; 1.85)
|
Fully Valued
|
|
|
UOL
|
DBS
|
3.84
|
5.22 (5.21)
|
Buy
|
|
Swissco
|
DBS
|
1.07
|
1.28
|
Buy
|
|
|
SSH
|
DBS
|
0.295
|
0.37
|
Buy
|
|
|
Parkway
|
DBS
|
3.39
|
3.38
|
Hold
|
|
|
Midas
|
DBS
|
1.04
|
1.45 (Pre: 1.60)
|
Buy
|
|
|
HongLeong Asia
|
DBS
|
2.26
|
4.30
|
Buy
|
|
|
Gallant Venture
|
DBS
|
0.68 |
0.92
|
Buy
|
|
|
China Fishery
|
DBS
|
1.84
|
2.48
|
Buy
|
|
|
Banyan
|
DBS
|
1.37
|
2.03
|
Buy
|
|
|
Asia Environment
|
SIAS
|
0.42
|
0.67 |
SIAS
|
|
|
Aqua Terra
|
Westcomb
|
0.31
|
0.59
|
Buy
|
|
|
Tsit Wing
|
Westcomb
|
0.33
|
0.235
|
Sell
|
|
|
SingTel
|
OIR
|
3.73
|
4.29
|
Maintain Buy
|
|
|
China Sport
|
Kim Eng
|
0.525
|
0.88
|
Buy -Maintained
|
|
|
Broadway
|
Kim Eng
|
0.85
|
1.00 (Pre: 1.95)
|
Hold -reduced from Buy
|
|
|
SembCorp Ind
|
Kim Eng
|
4.30
|
5.76
|
Buy -Maintained
|
|
|
SIA
|
Kim Eng
|
15.78
|
19.20
|
Buy -Maintained
|
|
|
FJ Benjamin
|
Kim Eng
|
0.37
|
0.70 (Pre: 0.90)
|
Buy -Maintained
|
|
|
City Dev
|
Kim Eng
|
11.70
|
14.67 (Pre: 16.89)
|
Buy -Maintained
|
|
|
Goodpack
|
Kim Eng
|
1.85
|
2.01 (Pre: 2.44)
|
Hold -Downgraded from Buy
|
|
|
KS Energy
|
DBS
|
1.73
|
3.00
|
Buy
|
|
|
Jurong Tech
|
OIR
|
0.335
|
0.38
|
Maintain Hold
|
|
|
City Dev
|
DBS
|
11.70
|
12.90 (Pre: 12.81)
|
Buy
|
|
|
China Sport
|
DBS
|
0.525
|
0.89
|
Buy
|
|
|
China Auto Elect
|
DBS
|
0.17
|
0.28
|
Buy
|
|
|
SembCorp Ind
|
DBS
|
4.30
|
4.59 (Pre 4.47)
|
Hold -(Pre: Fully Valued)
|
|
|
Soilbuild
|
Phillip
|
1.00
|
1.48
|
Buy -Maintained
|
|
|
Cacola Furniture
|
OIR
|
0.365
|
0.75
|
Maintain Buy
|
|
|
**Source: http://www.onlinetrading-hub.com
|
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|
**We do not guarantee the accuracy or completeness of the data given
|
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