Blog Update: 24 Nov 2008

I received emails asking me is this blog dead,
since the last entry was 2 months ago.
No, the email is not dead, but is temporary
taking a well-deserved break, and it will come
back with a Bang soon.

In the meantime, if you want to see what
is my market view, and stock recommendations,
you can come to http://stocklobang.blogspot.com

Be cool, and I will update this blog soon.....

Rumours overheard at Robinson Road!!

I was at Robinson Road today and saw a queue of policy holders at
AIA tower wanting to redeem their policy and/or sell their AIA funds.
Being KPO, I went to talk to some of the people in the queue, and somehow
the topic settled on Stock Market rumours which is also my cup
of tea, so I walk along with them on the outskirt of the queue,
and record the rumours that I heard:

First off we have the French, Mr BNP said that Wilmar and Golden Agri need
to slim down and reduce both their TP to $3.80 and $1.10 now.
But he like SMRT and increase the TP to $2.17
(Frankly, Wilmar and Golden Agri will always be in the trader's mind
as long as there is a sector rotational play, so keep a close watch on it
together with First Resources and Indofood)


Next we have the Japs, Nomura san like Sembmarine so much and
upgraded it to a Strong Buy rating, but Daiwa san don't like
Ferrochina and reduce the TP to $1.55
(I like Ferrochina both for its fundamental and it as a long-time
trading stocks. Infact, I have grab it as low as possible during
the last 2 days unjustly big fall in the price. I am holding it
for a mid-term period, and it should be quite safe.)

Let's see what the Aussies and the Europeans got to say about our stocks: Mr Macquarie reduce First Resources, Indofood and Olam's TP to $1.20, $2.60 and $2.90 respectively.
(I have already given my view on the palm plantation stocks on top, and Olam being a ever-growing commodities stock will always be in my radar watch)

Swiss UBS and British Cazenove downgraded 3 stock's TP, Sembcorp become a $4.80 TP by UBS, and our dearest Singtel become $3.15 and China Hongxing TP drop to a mere $0.53 by Cazenove. (Singtel being the largest market cap stock in Singapore will always be in the limelight and it should be well supported at major support level.)

Lastly we have the sick and troubled Americans: Citi still feel that our market is quite strong enough to achieve a target of 2820 for STI, which is good enough for me. But they also reduce SGX TP to $4.70, which is a steal at this level.

We have troubled ML next, and they downgraded our 3 local banks, with DBS and OCBC become Underperform, and UOB become Neutral. The Revised TP are $16 for DBS, $8 for OCBC and $20 for UOB, and doubt that they will remain a “safe haven” for much longer. (I sincerely believe we will last longer than them, and at this time next year, maybe we will no longer see ML, or it has a new name or a new "master")

Cosco's rating was reduced to Neutral by ML too, but I see it more of a SELL as the TP dropped to $1.75 from $4.80, what do you think?

Look like maybe there will be more queues forming at different places, and I should keep a look-out and join them to discover more rumours that are flying all around us now.....

Rumours overheard at SGX Supermarket!!!

On a bright sunny day, I went to Lau Pa Sat to eat and to meet-up
with some old friends. After my meal, I walked past the nearby
SGX Supermarket, and heard some commotions inside the building,
so I sticked my head and ear in, and this is what I gathered
from the commotions:

Mr Goldman recently very active in judging our stocks, but most
have been CUT into pieces by him.
Jardine got downgraded to Neutral, and poor Wilmar and
Indofood Agri both got a hair-cut too. Wilmar's TP become
$4.90 and Indofood is only worth $2.40 to Mr Goldman.

DMG, from the same family of Mr DB, also cut the palm agri
stocks of First Resources and Indofood Agri. First Resources
TP is now $1 and Indo is $2.65

Mr Citi talked about the China Branded Sportwear and stated
that "The Stronger Will Prevail", but China Hongxing and
China Sports look not that strong as they both got downgraded.
China Hongxing become a Sell rating with TP at $0.35,
and China Sports got a Sell TP of $0.28.
Look like only LiNing is doing very well.

Long time no see and hear from Mr Cazenove, but he brought Good news to
Ventures when he upgraded it to Outperform. Well Done!

Mr UBS also brought good news to both Indofood Agri and Singapore Airline
with a upgrade report. Indofood become a Buy, and Singapore Airline become
a Buy too with TP at $20
-- Did you all hear the joke and rumour about UBS is now called
United Bank of Singapore, since our government is now
a substantial shareholder. By the way, our government is also
substantial shareholder of Stanchart which escape unharmed from
the Subprime issue, why don't we merge this 2 to become a
Giant??!!! Maybe I am just dreaming......

Rumours overheard at SGX Fruit Market

I was looking for some food to eat when I saw lots of foreigner
rumour-monger gossiping near the fruit stall, so I just write
what I heard from the red-hair.

Brother Lehman has so many things not happy with our
Property stocks and Reits that he reduce them to Neutral,
but I can sense it is more like a "Sell".
Many property counters all went for a Haircut,
City Dev, Bukit Sembawang, SC Global and Keppel Land all down to Equalweight.
Big Shot Capitaland TP become $5.30 only.
2 Reits, Capitacommercial and K-Reit also went for haircut.
Capita TP become $1.9, and K-Reit is only worth $1.7 to Bro Leh.

- Come on SG prop counters, if you want to drop, better drop more
as then I can pick you up cheaply. The best if can SG property also
drop as much.
But seriously, do you think it is really possible??!!
I doubt so.....do you?

Jap Nomura also opened mouth and said that they like CDL Hospitality,
and its TP increase to $1.48 with a Outperform rating,
but they don't like C&O Pharm, and terrible C&O TP become
a mere $0.26 with a Neutral Hold.

Mr JPM don't like Kep Land, and here is what you get: TP reduced to $3.5
MS said Cosco deserve only an Equalweight call, so better wake up!
Macquarie from down-under don't like tech heavyweight Venture, and
the TP down to $15.50

-Look like Venture may need to venture out more, and I believe
it should be looking for M&A target, since it is the about-right way
to go now.

Seem like I need to visit more market and supermarket around
the neighbourhood as there are so many rumours and gossips
flying all around, and if you alert, it may mean a big windfall in disguise.
Crossing my fingers.......and tying up my hairs, as they are be
so naughty and unmanageable sometimes.

Rumours overheard today and days ago from the SGX Fish market??!!

I went to the SGX Fish market and overheard many stall-owner
shouting at the top of their voice, and here is what I recalled:

GS took a look at our Property stocks and said that some need
to slim down and take a weight-loss.
GS viewed WingTai at a SELL, with TP at only $1.12
UOL was given a NEUTRAL with TP at $3.42
Capitaland was told to take a TP weight-cut to $5.20,
with City Development weight-cut to $9.10,
Keppel Land TP now at $4.66, and Allgreen not so green now with
TP become $0.90
- If the property stock price really drop to such prices, then I know
we will have a overnight buy queue, but come to think again,
maybe not many will dare to buy at a discounted price thinking
it is not cheap yet. Then you can keep on waiting, another rabbit will
get killed when it bang on the tree you are waiting beside again.
(If you know chinese idiom, you should know the meaning)

The rest of the rumours are quite messy, or maybe noisy:

For some downgrades:
CS told Saizen Reit to sim down and give it a Underperform rating,
and UBS reduced Tiong Woon TP by a big drop of about 50% to $0.58,
while BNP also follow suit and give Sim Lian a downgraded TP at $0.61

Ok, enough of bad rumours, now for some better rumours from
some Fishmongers:

Nomura said that Hyflux deserve a BUY rating now, MS also upgraded
STX to Overweight, and Macquarie also upgraded SGX to Outperform.
Lastly, HSBC upgraded CSM to Neutral. Incidentally in another rumour
overheard, HSBC's report Asian Equity Strategy report dated 22Aug said
that "Recession don't forever" and "Judging by history, the US recession
will be over before end-08"
- I don't know how true are all these rumours by all these fishmongers,
but I only know that fishes are still selling very well,
and I will visit the meat and fruit stall next time.
If you do spot a great discount bargain, do you dare to buy??

By the way, I still have not get a haircut yet, but who cares?

Rumours overheard today and days ago??!!

Overheard that GS DOWN Keppel Corp and Guccoland target price (TP),
Keppel Corp got dropped to $13, and Gucco dropped to $2.50.
CLSA follow suit and DOWN SGX and Capitacommercial Trust too,
SGX got downgraded to Underperform and become a SELL now.
Capita TP reduced to $2.29.

UBS said in their reports that they downgraded both K-Reit and Macquarie Prime Reit
to SELL, K-Reit TP become $0.93, and Prime Reit become $0.95
By the way, Macquarie also said K-reit need to slim down,
and the TP at $1.25

Citi is busier in their reports, our 3 local banks all got a SELL rating,
DBS TP at $16.75, UOB at $17.60, the smaller OCBC at $7.60
- Frankly, if they dropped further, it will be a great bargain,
because as and when the economy recovers, the banks share
will lead the charge, and the surge will be Fast and Furious.

Other stories include CapitaMall Trust become a BUY now with TP at $3.30,
but Raffles Edu got downgraded to HOLD with TP at $0.95
- I believe Raffles Edu is still in an aggressive M&A move,
they are hungry to continue expanding their student
and campus' reach, but their main issue is they need$$$,
and that will mean either incurring more debts, or as usual,
issuing new shares.
I wonder why they don't want to try to sell to OHL,
if he is in, then its share price and future will look
rosier.
Just a wild wishful thought on my side.

Big Brother Lehman also continue the cutting trend, and
this time is our beloved 2 telcos.
Starhub TP is at $3.08, and Singtel become a Equalweight now.
- Incidentally if you have read some FA books, the rating
of Equalweight is equivalent to a SELL rating,
just at a nicer-phrased word.


On a lesser note, DB said the Property company WingTai is expensive now,
so need to put the TP at $1.45 now.
- I don't really know about the stock, but I know WingTai's property
project's standard and class. This is just my view and not an advertisement!
HaHe....
ML also downgraded City Dev to Neutral.
- I know of an old-friend who is a die-hard supporter of
City Dev, not the properties, but its shares. I better ask him
how many shares he has accumulated all this years,
maybe he has become a Substantial Shareholder now??!! OMG!!

Jap Nomura securities also join in the reports and downgraded Noble
to a not-so noble TP of $2.29
-I consider Noble as a mid-cap, in the same category as Olam and
Straits Asia, and I strongly they will never become a small-cap
again even if the market keep falling down the cliff.
Frankly, the chances of them becoming a big-cap when
the market recovers is higher than it tumble down to
the hard floor.

Looking at all these CUT and Downgrade reports,
I have only one thing in my mind...........
It's time for me to get a hairCUT, and "Downgrade"
my spending on certain brands of products.

Rumours overheard today 08082008!! HUAT!!

Today number 1 rumour got to be on our Dearest DBS who just reported result:
CS look like not so happy with DBS result and CUT the TP to $20.50 and
downgrade to UNDERPERFORM,
MS follows the same way and also CUT the TP to a terribly-low $15.50 (OMG!!)
and downgrade to UNDERWEIGHT (better put on more weights, haha),
Citi has the same view and also slim the TP to $20.85, but said still maintain BUY,
BNP however said," You guys are wrong!!" It UP the rating to BUY and give
a TP of $22.70!

Look like our Dearest DBS has to wake up its idea and buck up
to win back more support!

UBS target-on NOL become $2.20, and same CUT to a SELL rating.
(Look like NOL will become Number-One-Loser???)

Citi is always awake, it don't like to sleep,
so it say OCBC also don't sleep too much now that
it has been CUT to SELL and only TP $8.35 now.
JPM also said "You are Right!" TP become $8.00, but
give you a NEUTRAL rating first.

CS said that Starhub is only worth the TP of $2.55, and
can only achieve a UNDERPERFORM rating.
(Well, look like SH can/may increase the Premier League
fee to boost up its margin, OMG, please don't do so!!)

Rumours overheard today 7 Aug

Overheard that:
Citi CUT China Sky Target Price to $1.03 but still is a BUY rating,
Citi also CUT Starhub TP to $3.05 but same at a BUY rating.
Macquarie rate Keppel Corp at Outperform, but TP become $13
CS CUT Semb Corp TP to $5.50, but still is a BUY rating
Daiwa CUT UOB to $21.35, rating become HOLD
JPM quite busy today, CUT Starhub TP to $3.50, CUT Semb Coro to $5.50,
but both still at OVERWEIGHT rating

Rumours overheard today 4Aug

Now being the reporting season, there are lots of
rumours in the air, so I just grab some and
share it here.

Overheard that:
CS rate Capitaland at HOLD but reduce Target Price (TP) to $5.16
GS said that Wilmar is still good to BUY , TP raised 20cts to $6.20
but GS cut Capitaland by 40cts to $6.40.
UBS agreed with GS, and also cut TP to $7, although still said worth
a BUY rating.
Citi downgraded both Jardine Matheson and Strategic.
(I like this 2 stocks, but because of current lousy sentiment,
look like I can get them cheaper)

The Blog is Back with Rumours.....

Hi all,

After taking a good break of a few weeks, the blog will be back again.
But this time, I will not post any "official" news or posting from
somewhere. I can only tell you "rumours" that I have overheard
from somewhere.
Take note that it might be a TRUE "rumour" or it might be
as the name suggest, just a MERE "rumour".

Ok, keep a look-out of rumours coming your way.
Hope to see more support from readers as well.

Huat is coming your way......

Discontinuing Posting of Dow Jones Newswire

Discontinuing Posting of Dow Jones Newswire

2 July 2008

Dear all,

I have been instructed and "advised" to stop my DJ news
posting, which I have accepted so as not to face any future
inevitable "misfortune".

I am waiting for further instructions whether I need
to remove or delete all past news posting as well.
If you never see any news posting when you read this message,
then they are gone from my blog forever.

Edited: I have removed the posting "as per request" from BB. :-(

I was hoping that the small retailers can read up
on some good write-up and stock recommendation
from a leading and trusted provider, but nevertheless
it is against the rights.
I simply can't fight the BBs' will and legal power.

I will decide what I will post at my future blog in a few days time.
Meanwhile, be careful with your trading, and read up
from other sources for some good research write-up,
and reports.

If you want to email me to "console" me, or wish
to lend me a shoulder, I will be glad to hear from you,
small, powerless, resilient retailers.
Huat!!!

Message Removed with "help" from BB

Gone with the wind...........
Listen to the sound of the BaBy........

http://stockreportsforyou.blogspot.com/2008/07/discontinuing-posting-of-dow-jones.html

Message Removed with "help" from BB

Gone with the wind...........
Listen to the sound of the BaBy........

http://stockreportsforyou.blogspot.com/2008/07/discontinuing-posting-of-dow-jones.html

Message Removed with "help" from BB

Gone with the wind...........
Listen to the sound of the BaBy........

http://stockreportsforyou.blogspot.com/2008/07/discontinuing-posting-of-dow-jones.html

Message Removed with "help" from BB

Gone with the wind...........
Listen to the sound of the BaBy........

http://stockreportsforyou.blogspot.com/2008/07/discontinuing-posting-of-dow-jones.html

Message Removed with "help" from BB

Gone with the wind...........
Listen to the sound of the BaBy........

http://stockreportsforyou.blogspot.com/2008/07/discontinuing-posting-of-dow-jones.html

Message Removed with "help" from BB

Gone with the wind...........
Listen to the sound of the BaBy........

http://stockreportsforyou.blogspot.com/2008/07/discontinuing-posting-of-dow-jones.html

Message Removed with "help" from BB

Gone with the wind...........
Listen to the sound of the BaBy........

http://stockreportsforyou.blogspot.com/2008/07/discontinuing-posting-of-dow-jones.html

Message Removed with "help" from BB

Gone with the wind...........
Listen to the sound of the BaBy........

http://stockreportsforyou.blogspot.com/2008/07/discontinuing-posting-of-dow-jones.html

Message Removed with "help" from BB

Gone with the wind...........
Listen to the sound of the BaBy........

http://stockreportsforyou.blogspot.com/2008/07/discontinuing-posting-of-dow-jones.html

Message Removed with "help" from BB

Gone with the wind...........
Listen to the sound of the BaBy........

http://stockreportsforyou.blogspot.com/2008/07/discontinuing-posting-of-dow-jones.html

Message Removed with "help" from BB

Gone with the wind...........
Listen to the sound of the BaBy........

Message Removed with "help" from BB

Gone with the wind...........
Listen to the sound of the BaBy........

http://stockreportsforyou.blogspot.com/2008/07/discontinuing-posting-of-dow-jones.html

Back from duty, and forming the list now....

Hi,

I am forming the mailing list now, and I
will be sending to my "online friends"
next week.
If you are interested to receive reports,
email me stocklobang@yahoo.com

Hope to hear from you soon......

Message Removed with "help" from BB

Gone with the wind...........
Listen to the sound of the BaBy........

Message Removed with "help" from BB

Gone with the wind...........
Listen to the sound of the BaBy........

Message Removed with "help" from BB

Gone with the wind...........
Listen to the sound of the BaBy........

Message Removed with "help" from BB

Gone with the wind...........
Listen to the sound of the BaBy........

http://stockreportsforyou.blogspot.com/2008/07/discontinuing-posting-of-dow-jones.html

Message Removed with "help" from BB

Gone with the wind...........
Listen to the sound of the BaBy........

http://stockreportsforyou.blogspot.com/2008/07/discontinuing-posting-of-dow-jones.html

Message Removed with "help" from BB

Gone with the wind...........
Listen to the sound of the BaBy........

http://stockreportsforyou.blogspot.com/2008/07/discontinuing-posting-of-dow-jones.html

Message Removed with "help" from BB

Gone with the wind...........
Listen to the sound of the BaBy........

http://stockreportsforyou.blogspot.com/2008/07/discontinuing-posting-of-dow-jones.html

No More Reports Posting......

Hello My Blog Visitor,

I have decided not to post any reports
on this blog any more.
If you wish to continue to communicate with me,
please email me at stocklobang@yahoo.com

I will only post write-up with source quoted
in future blog postings.

Thank you for visiting the blog, and
maybe enjoying the reports, but I
just can't win the BaBy, so no more reports here.

Research Report on Sihuan by Daiwa and 2 Reports on Cosco by JPM and MS

Sihuan Pharm 9 April Daiwa
http://www.mediafire.com/?w3fzviwodzi

Cosco 9 April MS
http://www.mediafire.com/?dmgc2wt1y58

Cosco 9 April JPM
http://www.mediafire.com/?m3ohq7xdzww

Important announcement coming soon.....

Research Report on Ezra by GS & JPM

Ezra 9April GS
http://www.mediafire.com/?s1jwmz3kjkt

Ezra 8April JPM
http://www.mediafire.com/?u2zndzygjkl

Research Report on Singtel by ML, Raffles Education by CS and Asia Plantation Stocks by BNP

Singtel 7 April ML
http://www.mediafire.com/?t1sizjxoonb

Raffles Education 8 April CS
http://www.mediafire.com/?p1eoy39injx

Asia Plantation Stocks 7 April BNP
http://www.mediafire.com/?hnuefwcd1on

Research Report on Golden Agri by Nomura, China Sun Bio-chem by ML & Singapore Banks by JPM

Golden Agri 3 April Nomura
http://www.mediafire.com/?xxzhgnv0jlb

China Sun Bio-chem 3 April ML
http://www.mediafire.com/?mpnmsn9kj3e

Singapore Banks 4 April JPM
http://www.mediafire.com/?mbysyfy2yxj

What to do now that a spring rally has begun - GS

What to do now that a spring rally has begun - GS
http://www.mediafire.com/?lcwxl1xzgp4

Singapore Real Estate Developers - GS

Singapore Real Estate Developers - GS
http://www.mediafire.com/?dhpxzcwbh3d

Daiwa Daily: Ferrochina, Keppel Corp by JPM, NOL and Wilmar by GS

Daiwa Daily 1 April: Ferrochina
http://www.mediafire.com/?mnm12ycpm53

Keppel Corp 31 Mar by JPM
http://www.mediafire.com/?xjdzy4m1tzn

NOL 1 April by GS
http://www.mediafire.com/?mj0mtmyhigd

Wilmar 31 Mar by GS
http://www.mediafire.com/?yxnmaydiilm

S&P Cuts Rtgs On SP AusNet Group To A- On Parent Cut

The following is a press release from Standard & Poor's:

MELBOURNE (Standard & Poor's) March 31, 2008--Standard & Poor's Ratings Services today said that it had lowered its long-term rating on SP AusNet Group (SP AusNet) and SP AusNet's subsidiaries to 'A-', from 'A', following a downward revision in the credit quality of its majority owner, Singapore Power Ltd. (SingPower; AA-/Negative/--). The ratings outlook on SP AusNet is negative, reflecting the negative outlook on the parent. At the same time, the ratings were removed from CreditWatch with negative implications. The 'A-1' short-term ratings on SPI PowerNet Pty Ltd. and SPI Electricity & Gas Australia Holdings Pty Ltd. were unchanged due to the strong liquidity position of these two entities. All rated credit-wrapped issues of SP AusNet were also unchanged.

The SP AusNet ratings incorporate reasonable benefit from being 51% owned by a stronger rated parent. Although this benefit has weakened slightly following the revision of the rating on SingPower, SP AusNet's inherent business fundamentals, finances, and underlying credit quality remain sound. We note that SP AusNet accounts for a substantial proportion of SingPower's assets and cash flows, and that the parent remains committed to its Australian operations.

"While the negative outlook signifies possible further pressure on the SP AusNet ratings, any further downgrade will depend on the circumstances that lead to the resolution of the negative outlook on SingPower," Standard & Poor's credit analyst Rosalind Poh said.

SP AusNet rated entities affected by the rating action include: SPI Australia Holdings (Partnership) L.P., SPI PowerNet Pty Ltd., SPI Electricity & Gas Australia Holdings Pty Ltd., and SPI Electricity Pty Ltd.

Singapore Strategy by DB, Wilmar by GS & China Property by Citi

Singapore Strategy 31 Mar: DB (A Must-Read 34 Pages report)
http://www.mediafire.com/?1nqglhuinyk

Wilmar 28 Mar: GS
http://www.mediafire.com/?zvqiybz2gxj

China Property 27 Mar:Citi
http://www.mediafire.com/?myxx2wzhqoz

CS Asian Daily, KS Energy by Daiwa, CapitaComm Trust by Macquarie & Olam by UBS

CS Asian Daily 28 Mar
http://www.mediafire.com/?jwnizeywab1

KS Energy 27 Mar: Daiwa
http://www.mediafire.com/?dodk3yj31zf

CapitaComm Trust 27 Mar: Macquarie
http://www.mediafire.com/?ngs9ljtumze

Olam 27 Mar: UBS
http://www.mediafire.com/?y8r3ycebnjh

Asia Plantation Stocks: BNP & Olam: UBS

Asia Plantation Stocks 25 Mar - BNP
http://www.mediafire.com/?231mn9du94n

Olam 27 Mar - UBS
http://www.mediafire.com/?y8r3ycebnjh

Singapore Residential Property & Singapore Strategy - Nomura

Singapore Residential Property 25 Mar: Nomura (46 pages)
http://www.mediafire.com/?vnwdxtzhgkj

Singapore Strategy: Nomura (Old Report dated 15 Nov 07, but it is 70 pages)
http://www.mediafire.com/?sgltcmnwuyw

Research Report on Allco Reit - Nomura, Creative Tech - Macquarie & Cosco - JPM

Research Report on Allco Reit - Nomura,
http://www.mediafire.com/?n3xzjaudmsd

Creative Tech - Macquarie
http://www.mediafire.com/?yzxldp0ngyn

Cosco - JPM
http://www.mediafire.com/?4hzxgil2yms

Tat Hong Holdings: GS

Tat Hong Holdings: GS 24 March
http://www.mediafire.com/?gq0xny0payy

Olam & Wilmar 20Mar - UBS

Olam & Wilmar 20Mar - UBS
http://www.mediafire.com/?dwq51cyji13

Asian Daily CS: Allco Reit Downgraded

Asian Daily CS: Allco Reit Downgraded
http://www.mediafire.com/?qbgo2x7d5sj

Asian Daily - CS, Property News - Citi & China Energy - ML

Asian Daily - CS
http://www.mediafire.com/?p01yddhvbum

Property News - Citi
http://www.mediafire.com/?gzl5xm13mna

China Energy - ML
http://www.mediafire.com/?ue1ygtz2djz

Asia Market Strategy and Asian Daily 18 Mar - CS

Asia Market Strategy - CS
Asia Markets to correct another 20-35% before bottom.
http://www.mediafire.com/?ixz1xz24t2v

Asian Daily 18 Mar - CS
http://www.mediafire.com/?4zntctdzojs

Daiwa Daily 18 Mar & Cosco by Citi 17 Mar

Daiwa Daily 18 Mar
http://www.mediafire.com/?cpr1fzknmbt

Cosco by Citi 17 Mar
http://www.mediafire.com/?tayt21p242u

CS Asian Daily 17 Mar - Singapore Retail Reits initiate with OP

CS Asian Daily 17 Mar - Singapore Retail Reits initiate with OP
http://www.mediafire.com/?jftnggmbj0m

Research Report on Sg Banks by MS & Starhub by DB

Sg Banks 13 Mar - MS
http://www.mediafire.com/?ndzc3ebjs5r

Starhub 13 Mar - DB
http://www.mediafire.com/?ujovlgnz2i0

Research Reports on K-Reit, A-Reit, Mermaid Maritime

Research Report on K-Reit 14 Mar - Daiwa
http://www.mediafire.com/?pzmz33oouj1

Research Report on K-Reit 14 Mar - Lehman Bro
http://www.mediafire.com/?u2eyojr3ywn

Research Report on A-Reit 13 Mar - UBS
http://www.mediafire.com/?n11c2lmpj2n

Research Report on A-Reit 13 Mar - Citi
http://www.mediafire.com/?zd2gnp1og2d

Research Report on Mermaid Maritime 14 Mar - Macquarie
http://www.mediafire.com/?eflxfjjyigy

USD/JPY’s decline may accelerate below 100 - JPM

A forex research report by JPM on USD/JPY
http://www.mediafire.com/?eomoo1bhkyh

CS Asian Daily 14 Mar - Unisteel & Datacraft by DB

CS Asian Daily 14 Mar - Unisteel
http://www.mediafire.com/?dl5tjp28zmj

Datacraft 13 Mar - Deutsche Bank
http://www.mediafire.com/?fl0nzhozy0g

Research Report on Wilmar and Indo Agri by Macquarie and MS,

Wilmar by Macquarie 12 Mar
http://www.mediafire.com/?yy6nvyjo0nj

Wilmar by MS 12 Mar
http://www.mediafire.com/?gzzgnkywzbz

Indofood Agri by Macquarie 12 Mar
http://www.mediafire.com/?g0gjmxkiwaj

Research Report on Tat Hong, Sg Banks, A-Reit

Research Report on Tat Hong and Asian Daily by CS 13 Mar
http://www.mediafire.com/?j4zfynnitrz
http://www.mediafire.com/?3emwdeum1m1

Research Report on Singapore Bank by UBS 11Mar
http://www.mediafire.com/?joygk0t3nrn

Research Report on A-Reit by JPM 13 Mar
http://www.mediafire.com/?b2vzn5zdbmu

Asian Daily - CS: Allco Commercial Reit, Tat Hong by Citi and SGX by ML

Asian Daily 12Mar - CS: Allco Commercial Reit
http://www.mediafire.com/?msjyzjj9ozl

Tat Hong Holdings 11Mar - Citi
http://www.mediafire.com/?zjvo9p31ys1

SGX 12Mar - ML
http://www.mediafire.com/?tim3pdqt2ma

Research Report on SMRT by DB, Guocoland by JPM & STX by CS

Research Report on SMRT on 10 Mar by DB
http://www.mediafire.com/download.php?duxjxtx1xg5

Research Report on STX on 11 Mar by CS
http://www.mediafire.com/download.php?fdjdjlidg5t

Research Report on Guocoland on 11 Mar by JPM
http://www.mediafire.com/?nrmmex1zssf

CS Asian Daily 11 Mar - Hyflux and Midas OP

CS Asian Daily 11 Mar - Hyflux and Midas OP
http://uploading.com/en/files/YUEVQPTU/CS%20Asian%20Daily%2011Mar.pdf.html

Research Report on Jardine Matheson & Dairy Farm by CLSA

Research Report on Jardine Matheson & Dairy Farm by CLSA
http://uploading.com/en/files/4Y6X6W8B/CLSA%2010Mar.pdf.html

Fun with Flow :Outflow of Billion from Asian Funds Resumes - Citi

Fun with Flow :Outflow of Billion from Asian Funds Resumes 10 Mar - Citi

This report highlights that there is an continuous outflow
of money from the Asian funds, but when you know
it is "inflow", it will be way too late....
Get the picture?
http://uploading.com/en/files/17I3TAJ2/Fun%20with%20Flows%20Citi.pdf.html

Research Report on SPC by Bear Sterns

Research Report on SPC 7 Mar by Bear Sterns
http://uploading.com/en/files/V1601X13/SPC%207Mar%20Bear%20Sterns.pdf.html

Research Report on Pacific Healthcare 07Mar by S&P

Research Report on Pacific Healthcare 07Mar by S&P
http://uploading.com/en/files/KYYMS748/Pacific%20Healthcare%207Mar%20S&P.pdf.html

Research Report on Parkway Holding and Wilmar

Parkway Holding 5 Mar by UBS
http://uploading.com/en/files/87F8OCBQ/Parkway%20Holding%205Mar%20-%20UBS.pdf.html

Wilmar Update 5Mar by Nomura
http://uploading.com/en/files/43VNJU1B/Wilmar%205Mar%20-%20Nomura.pdf.html

Research Report on YangZiJiang - UBS and KepCorp - JPM

YangZiJiang Report 5Mar by UBS
http://uploading.com/en/files/9FMUX89A/YangZiJiang%20UBS.pdf.html

KepCorp 5Mar by JPM
http://uploading.com/en/files/6QIS99Q6/Keppel%20Corp%20JPM.pdf.html

Del Monte Research Report by CLSA

Del Monte Research Report by CLSA
http://uploading.com/en/files/L5NZ9XOO/Del%20Monte%20-%20CLSA.pdf.html

JPM Coverage of Singapore stocks

I just went through my files and compiled a
list of stocks that JPM is covering/has covered,
and below is the list:

1. A-Reits
2. Allco Commercial Reits
3. Allgreen
4. Ascendas India Trust
5. Ascott Residence Trust
6. Ausgroup
7. Cambridge Ind Trust
8. Capitaland
9. Capital Retail China
10. CapitaCommercial Trust
11. Capital Mall Trust
12. CDL Hospitality Trust
13. Chartered Semicon
14. Chemoil
15. China Milk
16. China XLX
17. City Development
18. Cityspring
19. Comfort Delgro
20. Cosco
21. Dairy Farm
22. Datacraft
23. DBS
24. Ezra
25. Ferrochina
26. Financial One
27. First Ship Lease
28. Fortune Real Estate Trust
29. Fraser Centrpoint Trust
30. Gems TV
31. Genting
32. Goodpack
33. Guocoland
34. HL Asia
35. Hongguo
36. HK Land
37. Hyflux
38. Hyflux Water Trust
39. Jardine Matherson
40. Jardine Strategic
41. Jaya Holding
42. Jurong Tech
43. K-Reit Asia
44. Keppel Corp
45. Keppel Land
46. LMA
47. MacarthurCook Ind Trust
48. Macquarie Int Inf Fund
49. Macquarie MEAG Prime Reit
50. Mapletree Logistic Trust
51. Mobile One
52. NOL
53. OCBC
54. Olam
55. Parkway Holding
56. Petra Food
57. Raffles Medical
58. Sembcorp
59. SembMarine
60. SIA Engineering
61. SGX
62. SingLand
63. SPH
64. Singtel
65. SingPost
66. SMRT
67. ST Engineering
68. StarHub
69. Suntec Reit
70. Synear
71. Tat Hong
72. Thai Bev
73. Unisteel
74. UOB
75. Venture
76. Wheelock Prop
77. Wingtai
78. Yanlord
79. Yellow Pages

What's the use of knowing what stock has JPM covered?

Basiacally JPM covered mostly Singapore Blue Chips, and Mid-Caps, therefore there is a high chance that it might be initial covering other potentials, like YangZiJiang, China Fish, China Sports....

Many may be wondering what is JMP's rating on their stocks, so I am willing to give their rating and Target Price to the blog supporter, but I can't be giving all stocks' rating.

I am thinking of each person can request for 5 stocks, and I will email the rating and TP on the stock, how about it?

Give me your comment, and I will decide soon.....

Singapore Reits 03 Mar - ML

Singapore Reits Research Report by ML

http://www.uploading.com/en/files/QMNBHMQ2/Singapore%20Reits%20-%20ML.pdf.html

2 Research Reports : Citibank Daily & Greater China View

Citibank Daily 4March
http://www.uploading.com/en/files/4E0U00IO/Citi%20Daily%20040308.pdf.html

Greater China View by JPM (*A Must-Read*)
http://www.uploading.com/en/files/B4C0KCKZ/Greater%20China%20View%20-%20JPM.pdf.html

2 Research Reports on Synear

2 research reports from ML and Nomura
on Synear.
http://www.uploading.com/en/files/ZGAKC143/2%20synear%20report.zip.html

3 Research reports on Sembmarine

3 research report from UBS, Nomura and GS on
Sembmarine.
http://www.uploading.com/en/files/LUME7NV3/3%20Sembmarine%20reports.zip.html

5 Research Reports on Capitaland

I have zip up 5 foreign research report on Capitaland
into one. They are from UBS, Nomura, Lehman Brothers,
Goldman Sachs and Deutsche Bank.

http://www.uploading.com/en/files/OLHTS7AK/Capitaland 5 Reports.zip.html

STI Hitting 9000 in 2012??!!

The principle behind technical analyst David Bensimon's accurate forecastslies in the symmetries in markets, reports GENEVIEVE CUA - BT

MAKING forecasts is a tricky business, as many analysts and fund managers will tell you, but it does not faze technical analyst David Bensimon. Some of his calls on the markets have been so precise that on one of hisspeaking engagements, it spurred an impromptu bidding war among some in the audience for an on-the-spot copy of his award winning tome on markets, Polar Perspectives.

Mr Bensimon: Asia is in for a prosperity-driven inflationary era

One of the bidders paid for his copy with a gold coin. Worth about US$700then in November, it was about equal to the price of the book. But the coinhas since appreciated, as Mr Bensimon notes with amusement.
The book last year won a gold medal as the 'best book in finance/investment/economics' at New York's annual independent publishers awards.

Mr Bensimon's fundamental view is that most of the world - Asia inparticular - is in for a 'prosperity-driven inflationary era' over the nextfew years, notwithstanding the jitters over the credit crisis. Hislong-term view, for instance, is that the Straits Times Index (STI) willhit 9,000 and the Hang Seng Index 100,000 by 2012; and gold will climb toUS$2,600 an ounce by 2014.

He has set up a fund to invest according to the themes of his book. One ofhis first investors is Stephen Riady of the Lippo Group.
His forecasts may sound quite incredible, until you learn of his near-termcalls on markets which have turned out uncannily right. Last October, forinstance, he told an audience in Singapore that the STI would fall 15 percent from its level of 3,900 then to 3,300 shortly. The index fell from3,906 to 3,306 within six weeks of his call. In The Business Times inAugust, Executive Money quoted him as saying that the STI would fall to2,800; the index was then at 3,300. It fell to a low of 2,866 in January.

The principle behind Mr Bensimon's calls lies in the proportionalities andsymmetries in markets, which he sees as functions of 'phi', also called the'golden mean'. This is expressed in the number 1.618 and its inverse 0.618.As he sees it, these symmetries permeate markets, and this is evident inthe scale of market rises and even in the pattern of retracements acrosstime. His calls have gained a following among banks, traders, hedge fundsand private individuals.

The outcome of a forecast, he says, is not cast in stone but is based onprobabilities. 'The power comes not from saying that markets will do thisor that. It comes from recognising that different alternatives can unfold,'he says. 'The benefit is not to say the market might go up or down, that'snot of value to anyone. The value comes from being able to say that if themarket chooses this northward path, it will go this far and no more. If ittakes the southward path, it will go this far to a target.

'My speciality is to provide clients with a magnitude of duration and time,of price and specific levels and dates . . . March does provide a broadturning point that crosses different markets, not just the STI or equitiesbut across a spectrum.'

He believes the STI, currently trading at the 3,077 level, could still faceyet another downdraft. It needs to exceed 3,300, he says, to confirm thatit is out of the woods. Until then, there is a 'distinct risk' that itcould fall another 15 per cent to 2550, which will be a buying opportunity.'In Singapore if we break the 2,850 level, the next level down is 2,550which seems a little far and rather cheap. But these motions are driven bypanic and over-extension on the downside. But I'd be happy to investanywhere from 2,800 to 2,600 because at those levels, it's really verycheap.'

He said: 'One of the benefits of looking at the very big picture history isthat it provides a degree of comfort and confidence that when we are in acorrective mode, instead of being worried and panicking, we can becomfortable that we know what the rhythm is and can recognise therelationships. We know we'll get to the ultimate target of 8,800 or higherseveral years from now, and there are natural levels to re-enter themarket.'

His view is that Asian markets - Australia, Shanghai, Singapore and inparticular, Hong Kong - will move in synch upwards. 'Asia will benefit fromthe huge fundamental growth and prosperity sweeping across the region, that is not in any way harmed by the slowdown in the US. Asia now has enough internal demand and intra-Asian trade and infrastructure and consumer spending that it has a life of its own.'

He notes that historically, in past US recessions, the stock market hasanticipated a recovery and rises well before the recession ends. 'There isno impediment to have markets bottom in March, and have them recoversharply even if a recession technically continues in the next few months.'
His views on oil and gold are positive but not equally so. He expects oilto reach US$125 a barrel this year and to move sideways for two years.'We're still en route to US$125, but the big story is that once we reachUS$125, everyone will scream that we're on the way to US$200 and that's not what's going to happen. '

The catch, too, is that consumer prices will not be adjusted downwardsduring the consolidation period. 'The margins for products will be fabulousand will power the stock market to much higher levels because the reduction of the oil price will translate directly into the bottom line forcorporates in the industrial and financial sectors, telecom and blue chips.They'll all be lifted by prosperity.'

He is bullish on gold in the long term but expects some consolidation thisyear before it moves to US$1,030 an ounce in 2009, and eventually US$1,220 in 2010. But the most rapid rise is expected between 2011 and 2014 when he expects the price to hit US$2,600.

Another 2 Reports - Wilmar & China XLX

1. Wilmar by Nomura 28 Feb
http://www.uploading.com/en/files/G91L625Q/Wilmar%2028%20Feb%2008%20Nomura.pdf.html

2. China XLX Initial Buy - Citi 27 Feb
http://www.uploading.com/en/files/8BU8T5XN/China%20XLX%20-%20Initial%20at%20Buy%20Citi.pdf.html

Two Reports on Noble Group

1. Noble Group by Nomura 27 Feb
http://www.uploading.com/en/files/PF9PJXMW/Noble%20Group%2027%20Feb%2008%20Nomura.pdf.html

2. Noble Group by ML 27 Feb
http://www.uploading.com/en/files/CYPR1CNE/Noble%20Group%2027%20Feb%2008%20ML.pdf.html

Any comment welcomed....

Research Report - First Resources & CS Asian Daily

Ok, I have find a file hosting site, and
I have upload 2 reports for testing.

1. First Resources Initial at Buy by Citi on 29 Feb
http://www.uploading.com/en/files/2HBDZ949/First%20Resources_Initiating%20at%20Buy%20Citi%20290208.pdf.html

2. CS Asian Daily 03 March
http://www.uploading.com/en/files/GUTOG1ZY/CS%20Asian%20Daily%20030308.pdf.html

The file hosting site that I using now is Uploading.com,
and they required downloader to wait up to 1 min
before able to start downloading, and they will
show up adverts which maybe offensive to
the ladies. (I saw one advert while doing testing)
So sorry for that.

After the 1 min wait, there is a Download button.
You can simply right-click at the button, and "save as"
to download the file to your PC.
Or if you want to view it online, just click on
the Download button.

I welcome any better suggestion to file hosting site
or whatsoever.

What is Foreign Brokerage/House Research Report?

OK.....What exactly is a Foreign Brokerage/House research report?

Any research report that is not from a local bank/brokerage
is considered "Foreign" to me, ie, you will not be able to
see research report by UOB KH, DBS Vickers OCBC, KE,
Phillips, Lim&Tan, DMG, Amfraser, CIMB-GK, SBI-E2,
Westcomb, SIAS.......

Instead you will see Credit Suisse (CS), Morgan Stanley (MS),
JP Morgan (JPM), Citigroup (Citi), Deutsche, Macquarie, UBS,
Nomura, BNP, Goldman Sachs (GS), Merrill Lynch (ML), ABN,
Standards & Poor (S&P), even recently Bank of China (BOC)
and HSBC also joining the wargon.

I hope you are fine with it.

First Post!

Hi fellower investor/trader,

This Blog is setup because I saw that a lot of
investors/traders do not receive Foreign brokerage/
research house report from their broker/remisier/dealer.
The brokers might choose to send the reports to their
big-time clients and ignore the small players based on
the commission he received.

The small retailer is not investing/trading on the same
level ground with the rest, so I hope to do something
to address this issue.

I received most foreign research reports, some later,
but I should have them by the end of the trading day
the latest. I will try to upload them to the file host
asap when I received them, but sometimes it is really
beyond my control.

I am a investor/trader like the rest of you, and I
do have my own sweet time when I am not trading
or investing for that particulat day, so the research
report may be posted late.

If there is any foreign house report that you heard
of, but I never post, please email me with the covered
company and the date.

I hope that all readers will exercise their own
judgement when trading/investing any stocks,
and I wish you Good Luck & HUAT in all
your trades.

Thank You!