Online Trading & Investment

Investment Recommendation – 23 Oct 2008

scg1368 — Fri, 24 Oct 2008 07:44:33 +0000

Date	Stock	Broker	Price	TP (6-12M)	Recommendation
23/10/08	Keppel Land	DBS	1.80	2.20(2.24)	Buy
	AscottRes	DBS	0.475	0.57	Hold
24/10/08	FrasersCT	OIR	0.64	0.72	Maintain Hold
	RotaryEng	OIR	0.225	0.35	Maintain Buy
	Keppel	CIMB	4.00	5.40	Neutral Maintained
	FrasersCT	CIMB	0.64	1.13	Outperform Maintained
	Delong	CIMB	1.38	NA	Ceasing coverage
	CapitaCom	CIMB	1.02	1.17	Underperform Maintained
	FrasersCT	DMG	0.64	0.86	Buy Maintained
	Keppel	UBS	4.00	10.10(11.15)	Buy unchanged
	Keppel	MS	4.00	12.50	Equal Weight
	Keppel	JPM	4.00	7.00(12.00)	Overweight
	Keppel	Citi	4.00	6.35	Citi
	Cheung Woh	SIAS	0.15	0.17	Hold
	Delong	NRA	1.38	1.43	Hold
	Keppel	DMG	4.00	4.52	Neutral
	FrasersCT	DBS	0.64	0.71	Hold
	CapitaCom	DBS	1.02	1.27	Maintain Hold
	PacificShipping	UOBKH	0.23	0.38	Buy
	Keppel	UOBKH	4.00	4.97	Hold
	CapitaCom	UOBKH	1.02	1.82(1.93)	Buy
**Source: http://www.onlinetrading-hub.com
**We do not guarantee the accuracy or completeness of the data given

scg1368 — Thu, 23 Oct 2008 06:55:58 +0000

Date	Stock	Broker	Price	TP (6-12M)	Recommendation
23/10/08	Keppel Land	CIMB	1.80	2.76	Trading Buy Maintained
	Pacific Shipping	OIR	0.245	0.245	Downgrade to Hold
	AscottResidence	CIMB	0.48	0.56	Underperform Downgraded
	DBS	DMG	11.60	15.50	Neutral
	HL Finance	DMG	2.07	4.80	Buy
	Jardine C&C	DMG	10.94	11.78	Buy
	Ascott Residence	UOBKH	0.475	1.06	Buy
	Keppel land	UOBKH	1.80	2.90	Buy
	SPC	UOBKH	3.08	4.20(7.60)	Buy
**Source: http://www.onlinetrading-hub.com
**We do not guarantee the accuracy or completeness of the data given

scg1368 — Wed, 22 Oct 2008 07:48:07 +0000

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

scg1368 — Tue, 21 Oct 2008 06:27:36 +0000

Date	Stock	Broker	Price	TP (6-12M)	Recommendation
21/10/08	SembcorpMarine	OIR	1.48	3.86(4.98)	Maintain Buy
	Li Heng	OIR	0.255	0.78	Maintain Buy
	BanyanTree	CIMB	0.63	0.74	Neutral -Downgraded
	KeppelCorp	CIMB	4.65	6.10	Neutral
	SembcorpMarine	CIMB	1.48	3.00	Outperform
	Cosco	CIMB	0.80	0.85	Underperform
	SembcorpInd	CIMB	2.40	3.60	Outperform
	ChinaEssence	CIMB	0.23	0.23	Buy
	MAP	DMG	0.335	0.35	Neutral Downgrade
	Li Heng	UOBKH	0.255	0.34(0.73)	Buy
	China Sky	UOB KH	0.27	0.37(0.90)	Buy
	Fibrechem	UOBKH	0.24	0.30(.68)	Buy
	KeppelCorp	UOBKH	4.65	4.97(12.30)	Downgrade to Hold
	SembcorpMarine	UOBKH	1.48	1.92(5.25)	Buy
	Cosco	UOBKH	0.795	0.89(4.30)	Downgrade to Hold
**Source: http://www.onlinetrading-hub.com
**We do not guarantee the accuracy or completeness of the data given

scg1368 — Mon, 20 Oct 2008 06:51:42 +0000

Date	Stock	Broker	Price	TP (6-12M)	Recommendation
17/10/08	Ascott Trust	MS	0.50	0.51(1.17)	Equal weight (Overweight)
	AscendasReit	ML	1.51	1.45(1.80)	Underperform
18/10/08	AscendasReit	DB	1.51	2.92	Buy
19/10/08	AscendasReit	JPM	1.51	2.65(2.57)	Overweight
20/10/08	AscendasReit	UBS	1.51	2.38	Buy unchanged
17/10/08	AscendasReit	Macquarie	1.67	2.44	Outperform
17/10/08	AscendasReit	Citi	1.51	2.20	Buy
20/10/08	M1	KE	1.70	2.38(2.64)	Buy
	M1	DMG	1.70	1.89	Neutral Maintain
	DBS	CIMB	13.00	11.58	Underperform -Downgraded
	AscendasReit	CIMB	1.51	2.17	Outperform Maintained
	GuocoLand	UOBKH	1.40	1.50(3.20)	Downgrade to Hold
	AscendasReit	UOBKH	1.51	2.88(2.90)	Buy
	DBS	UOBKH	13.00	24.20	Buy
	OCBC	UOBKH	6.10	9.80	Buy
	HL Finance	UOBKH	2.21	4.25	Buy
	M1	CIMB	1.70	2.24	Outperform Maintained
	M1	OIR	1.70	2.12	Maintain Buy
	Sino-Enviro	OIR	0.41	0.74	Maintain Buy
	M1	DBS	1.70	1.65(2.20)	Fully valued
	AscendasReit	DBS	1.51	2.10	Buy
	GuocoLand	DBS	1.40	0.81(1.91)	Fully valued
	Capitaland	DBS	2.85	2.91	Hold(Buy)
	City Dev	DBS	6.72	6.97	Hold(Buy)
**Source: http://www.onlinetrading-hub.com
**We do not guarantee the accuracy or completeness of the data given

scg1368 — Fri, 17 Oct 2008 07:44:56 +0000

Date	Stock	Broker	Price	TP (6-12M)	Recommendation
17/10/08	Pacific Shipping	OIR	0.23	0.41	Buy
	Rickmers	OIR	0.45	1.22	Buy
	FSL Trust	OIR	0.43	1.20	Hold
	Indofood Agri	DB	0.49	0.47	Hold
	Golden Agri	DB	0.22	0.16	Sell
	STX PO	CIMB	1.21	0.89	Underperform Downgraded
	Lian Beng	KE	0.11	0.31(0.57)	Buy
	Armstrong	KE	0.125	0.25(0.48)	Buy
	China Zaino-	UOBKH	0.215	0.53(0.725)	Buy
	DBS	UOBKH	13.84	24.20	Buy
	OCBC	UOBKH	6.32	9.80	Buy
	HL Finance	UOBKH	2.20	4.25	Buy
**Source: http://www.onlinetrading-hub.com
**We do not guarantee the accuracy or completeness of the data given

scg1368 — Thu, 16 Oct 2008 06:50:07 +0000

Date	Stock	Broker	Price	TP (6-12M)	Recommendation
16/10/08	SIA	Citi	12.92	13.00	Sell
	SGX	Citi	5.89	4.70	Sell
	SGX	UOBKH	5.89	5.90(5.30)	Sell
	AscendasReit	CIMB	1.67	2.16	Outperform Maintained
	SGX	CIMB	5.89	7.78	Outperform Maintained
	Synear Food	CIMB	0.19	0.35	Outperform Upgraded
	Cosco	CIMB	0.80	0.85	Underperform -Downgraded
	Tat Hong	DBS	0.705	0.77(2.70)	Hold(Buy)
	SGX	DBS	5.89	4.80	Sell
	SGX	OIR	5.89	5.80	Hold
**Source: http://www.onlinetrading-hub.com
**We do not guarantee the accuracy or completeness of the data given

scg1368 — Wed, 15 Oct 2008 06:34:49 +0000

Date	Stock	Broker	Price	TP (6-12M)	Recommendation
14/10/08	Starhub	Macquarie	1.98	2.40	Outperform
	Venture	DB	5.18	6.80	Buy
15/10/08	China Sky	CIMB	0.31	1.64	Outperform Maintained
	China Hongxing	CIMB	0.22	0.53	Outperform Maintained
	Cosco	DMG	1.00	0.86	Sell -Downgrade
	Keppel	UBS	6.10	11.15(13.35)	Buy unchanged
	China XLX	Phillip	0.305	0.65	Buy
	China Farm	DMG	0.14	0.36	Buy
	China Milk	DMG	0.46	0.975	Buy
	China XLX	DMG	0.305	0.70	Buy
**Source: http://www.onlinetrading-hub.com
**We do not guarantee the accuracy or completeness of the data given

scg1368 — Tue, 14 Oct 2008 06:08:48 +0000

Date	Stock	Broker	Price	TP (6-12M)	Recommendation
13/10/08	SingTel	Citi	2.92	3.20	Hold
	Starhub	Citi	1.98	2.65	Buy
	SPH	UBS	3.58	3.75(4.45)	Neutral unchanged
	Sembcorp Ind	JPM	2.70	3.40(4.80)	Overweight
	SPH	JPM	3.50	4.65	Overweight
14/10/08	Yangzijiang	CSuisse	0.33	0.40(0.50)	Upgrade to Neutral
	SembcorpMarine	CSuisse	2.40	2.70(2.90)	Upgrade to Neutral
	Sembcorp Ind	CSuisse	2.70	4.00(4.20)	Maintain Outperform
	Keppel	CSuisse	5.96	7.00(7.20)	Upgrade to Neutral
	Cosco	CSuisse	1.20	0.55(1.20)	Maintain Underperform
	China Sky	CSuisse	0.29	0.50(1.17)	Maintain Outperform
	Hong Leong Asia	Csuisse	0.79	1.50	Outperform
	Tat Hong	CSuisse	0.70	1.90	Outperform
	Tiong Woon	CSuisse	0.18	0.45	Outperform
	Yongnam	CSuisse	0.08	0.15	Outperform
	STX PO	CIMB	1.19	1.64	Trading Buy
	Sino Techfibre	UOBKH	0.14	0.47(0.66)	Buy
	Jardine C&C	DMG	9.97	11.78	Buy
	Li Heng	KE	0.275	0.45(0.75)	Buy
	ASL Marine	DBS	0.60	1.00(1.67)	Maintain Buy
	Jurong Tech	OIR	0.17	0.28	Maintain Buy
	UOB	DMG	15.70	18.40	Buy Maintain
	OCBC	DMG	6.42	7.80	Buy Maintain
	DBS	DMG	14.86	15.50	Neutral Maintain
**Source: http://www.onlinetrading-hub.com
**We do not guarantee the accuracy or completeness of the data given

scg1368 — Mon, 13 Oct 2008 08:04:00 +0000

Date	Stock	Broker	Price	TP (6-12M)	Recommendation
13/10/08	SPH	DBS	3.50	4.25(4.63)	Buy
	Wilmar	DBS	2.00	2.40	Buy(Hold)
	Cheung Woh	CIMB	0.11	0.22	Outperform Maintained
	NOL	CIMB	1.56	1.35	Underperform Maintained
	Sino Techfibre	CIMB	0.20	0.75	Outperform Maintained
	SPH	OIR	3.50	5.14	Maintain Buy
	SPH	CIMB	3.50	4.50	Outperform Maintained
	SPH	DMG	3.50	4.35	Buy
	Europtronic	CIMB`	0.055	0.06	Hold
**Source: http://www.onlinetrading-hub.com
**We do not guarantee the accuracy or completeness of the data given