Investment Recommendation – 6 Aug 2008

Date	Stock	Broker	Price	TargetPrice	Recommendation
				(6-12mths)
05/08/08	Sing Post	UOB KH	1.03	1.07	Downgrade to Hold
	Sembcorp Marine	G Sachs	3.94	4.40	Neutral
	UOB	G Sachs	19.68	19.80	Neutral
06/08/08	Sembcorp Marine	JP Morgan	3.94	4.80	Overweight
	Sembcorp Marine	UOB KH	3.94	5.25	Buy
	Hi-P	UOB KH	0.59	0.83	Buy
	Li Heng	UOB KH	0.62	0.845	Buy
	Rickmers Maritime	UOB KH	1.10	1.19 (P: 1.61)	Buy
	China Hongxing	CIMB	0.49	0.53	Neutral Downgraded
	United Envirotech	CIMB	0.24	NA	Ceasing coverage
	Sembcorp Marine	CIMB	3.94	5.25	Outperform Maintained
	Celestial	CIMB	0.74	1.45	Outperform Maintained
	STX PO	CIMB	2.50	2.06	Underperform Downgraded
	Celestial	DBS	0.74	1.08 (P: 1.59)	Buy
	China Hongxing	UOB KH	0.49	0.87 (P: 1.07)	Buy
	UOB	JP Morgan	19.68	23.00	Neutral
	UOB	DBS	19.68	21.20 (P: 21.00)	Hold
	Aztech	DMG	0.20	0.16	Sell
	Sembcorp Marine	DMG	3.94	4.99	Buy
	UOB	DMG	19.68	23.30	Buy
	SingTel	DBS	3.55	3.70	Hold
	Sembcorp Marine	DBS	3.94	4.75 (P: 4..85)	Buy
	Hyflus W Trust	DBS	0.635	0.90	Buy
	Fibrechem	DBS	0.615	1.30	Buy
	Gallant	DBS	0.695	0.79 (P: 0.92)	Hold -Downgrade from Buy
**Source: http://www.onlinetrading-hub.com
**We do not guarantee the accuracy or completeness of the data given