Investment Recommendation – 12 Aug 2008

Date	Stock	Broker	Price	TargetPrice	Recommendation
				(6-12mths)
11/08/08	DBS	Citi	18.78	20.85	Buy
12/08/08	Pacific Shipping	UOB KH	0.375	0.47 (P: 0.50)	Buy
	STX PO	UOB KH	2.25	2.30 (P: 2.50)	Hold
	Pine Agritech	UOB KH	0.12	0.10 (P: 0.18)	Sell
	SingTel	DBS	3.58	3.70	Hold
	Ho Bee	CIMB	0.79	1.48	Outperform Maintained
	Valuetronics	OIR	0.18	0.26	Maintain Buy
	SingTel	CIMB	3.58	4.05	Neutral Maintained
	Pine Agritech	CIMB	0.12	NA	Ceasing Coverage
	STX PO	CIMB	2.25	2.06	Underperform Maintained
	Valuetronics	CIMB	0.18	0.34	Outperform Maintained
	Sino-Environ	CIMB	1.36	2.19	Outperform Maintained
	Asia Environ	C Suisse	0.41	0.44 (P :0.60)	Downgrade to Neutral
	Epure	C Suisse	0.56	0.65 (P: 0.73)	Maintain Outperform
	SingTel	DMG	3.58	4.11	Buy
	Ho Bee	DBS	0.79	1.24 (P: 1.25)	Buy
	Amara	DBS	0.43	0.50 (P: 0.82)	Hold
	Valuetronics	Westcomb	0.18	0.28	Buy
	Pacific Shipping	DBS	0.375	0.45 (P: 0.52)	Buy
**Source: http://www.onlinetrading-hub.com
**We do not guarantee the accuracy or completeness of the data given