Investment Recommendation – 22 Oct 2008

Date	Stock	Broker	Price	TP (6-12M)	Recommendation
21/10/08	Mapletree	DB	0.47	0.63	Buy
	City Dev	DB	7.28	7.15	Hold
	SuntecReit	DB	0.82	1.23	Buy
	K-Reit	DBS	0.76	0.93	Hold
22/10/08	StraitAsiaRes	DBS	1.24	1.85(2.50)	Buy
	CapitaMall	OIR	2.11	2.57	Maintain Buy
	NOL	CIMB	1.46	1.35	Underperform Maintained
	PetraFoods	CIMB	0.59	0.40	Underperform Maintained
	CapitaMall	CIMB	2.11	1.90	Underperform -Downgraded
	Mapletree	CIMB	0.48	0.60	Neutral maintained
	Erza	CIMB	0.60	1.05	Outperform Maintained
	Erza	OIR	0.60	1.20	Maintain Buy
	FSLT	OIR	0.48	0.43	Maintain Hold
	Erza	Citi	0.60	0.55	Sell
	FSLT	UOBKH	0.48	1.53	Buy
	CapitaMall	UOBKH	2.11	2.65(2.64)	Upgrade to Buy
	WantWant	CIMB	2.65	3.30	Neutral
	PFood	CIMB	0.45	1.19	Outperform
	Synear	CIMB	0.16	0.35	Outperform
	MAP	CIMB	0.34	0.36	Hold
	Ezra	DBS	0.60	1.25(2.50)	Buy
	Capitamall	DBS	2.11	2.42(2.85)	Hold
	SGX	Nomura	5.37	5.00	Maintained Reduce
	Mapletree	DBS	0.48	0.57(1.04)	Buy
**Source: http://www.onlinetrading-hub.com
**We do not guarantee the accuracy or completeness of the data given