|
|
| Chartzones – 11 March 2010 |
11 Mar, 2010 |
Consumer, Telecoms, Banks and Transport Stocks
more
|
| Sinomem Technology - 4Q09 results update |
8 Mar, 2010 |
Water under the bridge
more
|
| Hock Lian Seng - Results update |
4 Mar, 2010 |
Strong growth with bright prospects
more
|
| UOB FY09 Final Results: Results in line |
1 Mar, 2010 |
The only bank to show margin improvement
more
|
| Hong Leong Finance: FY09 Final Results up 43% |
26 Feb, 2010 |
Results boosted by 56% fall in provisionings
more
|
| Hi-P International - 4Q09 results update |
25 Feb, 2010 |
No cheer from new products
more
|
| OCBC FY09 Final Results. Core operating results in line |
22 Feb, 2010 |
Strong non-interest income rebound helped save the day
more
|
| DBS FY09 Final Results. Divestment of non-ABS CDO a positive move |
8 Feb, 2010 |
But thinks its GP provisioning writeback a little too early
more
|
| Changjiang Fertilizer Holdings - Plant Visit Note |
3 Feb, 2010 |
Growth through acquisition
more
|
| China Taisan Technology Group Holdings - Plant Visit Note |
3 Feb, 2010 |
Integrating Downstream
more
|
| Ziwo Holdings Ltd - Plant Visit Note |
3 Feb, 2010 |
China’s Dupont?
more
|
| BH Global Marine Ltd - FY09 Results Update |
3 Feb, 2010 |
Oman Steel Plant to drive growth
more
|
| Hock Lian Seng Holdings - Company visit |
22 Jan, 2010 |
Robust prospects
more
|
| China Milk Products Group - Company update |
8 Jan, 2010 |
On recovery road
more
|
| Chartzones – 31 December 2009 |
31 Dec, 2009 |
Consumer, Telecoms, Banks and Transport Stocks
more
|
| Sinomem Technology - 3Q09 results update |
23 Nov, 2009 |
Stable income from water treatment
more
|
| Hong Leong Finance: 3Q09 net profit up 6% y-o-y |
12 Nov, 2009 |
Operating numbers largely in line
more
|
| Hotung Investment - Results Update |
10 Nov, 2009 |
3QFY09 marked the third consecutive quarter of earnings growth
more
|
| DBS 3Q09 Results : Better results due to lower provisionings |
9 Nov, 2009 |
Pre-provisioning numbers in line
more
|
| Hi-P International - 3Q09 results update |
5 Nov, 2009 |
Building new products for next year
more
|
| UOB 3Q9 Results. Operating numbers outshone OCBC |
2 Nov, 2009 |
Provisionings still conservative
more
|
| OCBC 3Q09 Results: Core operating results in line |
29 Oct, 2009 |
Falling NPLs and provisionings a surprise
more
|
| Qian Hu - 3Q09 results update |
21 Oct, 2009 |
Adding more ponds to spur growth
more
|
| OCBC – acquisition of ING Asia Private Bank |
19 Oct, 2009 |
A positive strategic move (BUY/accumulate on weakness)
more
|
| BH Global Marine Ltd - 3Q09 Results Update |
19 Oct, 2009 |
Revised to HOLD
more
|
| Hi-P International - Company update |
30 Sep, 2009 |
Lower guidance from major customer
more
|
| Chartered Semiconductor - Company update |
9 Sep, 2009 |
S$2.68 cash/share proposed offer by ATIC
more
|
| Sinomem Technology - Plant visit notes |
2 Sep, 2009 |
Refocusing on its water business
more
|
| Hong Leong Finance Interim: 1H09 net profit down 13% |
14 Aug, 2009 |
Due to higher provisionings
more
|
| DBS’ FY09 Interim Results: Bottomline within expectations |
11 Aug, 2009 |
Lower cost-to-income came as a surprise
more
|
| UOB 2009 Interim Results. Good set of results under difficult times |
6 Aug, 2009 |
More provisionings set aside in contrast to OCBC, which saw a decline
more
|
| Hi-P International - Initiating Coverage |
6 Aug, 2009 |
Cash is King
more
|
| OCBC 2009 Interim Results. Stronger than expected |
4 Aug, 2009 |
Due to still strong insurance profit and low provisioning level
more
|
| Cambridge Industrial Trust – 2QFY09 results in line with our expectations; HOLD. |
31 Jul, 2009 |
Successful share placement raising S$28.0m will help alleviate LTV pressure
more
|
| Chartered Semiconductor - Initiating Coverage |
28 Jul, 2009 |
Riding on the up cycle
more
|
| BH Global Marine - 2Q09 Results Update |
17 Jul, 2009 |
Reiterate BUY
more
|
| China Milk Products Group - Results Review |
30 Jun, 2009 |
FY3/09 full year results
more
|
| BH Global Marine Ltd - Initiating Coverage |
17 Jun, 2009 |
We believe that the stock is undervalued based on fundamentals.
more
|
| DBS 1Q09 Results. In line with expectations |
11 May, 2009 |
Maintain underperform
more
|
| OCBC 1Q09 Results. Core operating line impressive |
7 May, 2009 |
Boosted by reversal of forex and trading losses and strong insurance contribution
more
|
| UOB 1Q09 Results. Operating profit up 9% q-o-q and 16% y-o-y |
7 May, 2009 |
No severe deterioration of asset quality yet
more
|
| Hong Leong Finance: 1Q09 net profit down 86% to S$26m |
28 Apr, 2009 |
Earnings dragged down by higher provisioning
more
|
| UOB FY08 Final Results: Operating numbers the strongest amongst the trio |
2 Mar, 2009 |
Bottomline dragged down by precautioning provisionings ahead of bad times
more
|
| OCBC FY08 Final Results: results within expectations |
19 Feb, 2009 |
Expect earnings to fall further in 2009
more
|
| Hong Leong Finance: FY08 net profit down 42% due to Lehman Minibond charge |
16 Feb, 2009 |
4Q operating numbers were in fact better than 3Q
more
|
| DBS’ FY08 Results. Still Early Days |
16 Feb, 2009 |
Impact of recession still not fully felt yet
more
|
| Cambridge Industrial Trust - Successfully refinances expiring debt facility |
16 Dec, 2008 |
Debt refinancing risks removed
more
|
| SATS’ proposed acquisition of all the shares in the capital of SFI |
4 Dec, 2008 |
SATS’ proposed acquisition of all the shares in the capital of SFI
more
|
| DBS 3Q08 Results. Core earnings holding up but higher provisions dragged down bottomline |
10 Nov, 2008 |
Worst is yet to be seen. AVOID.
more
|
| OCBC 3Q Results: operating numbers still strong |
6 Nov, 2008 |
Similar to UOB, weaker operating numbers will start to show by 1Q09
more
|
| Hong Leong Finance: 3Q08 net profit down 16% |
5 Nov, 2008 |
Downgrade to SELL despite good dividend yield prospect
more
|
| UOB 3Q:08 performance. Results irrelevant as worst not reflected yet |
5 Nov, 2008 |
Nevertheless we think stock has fallen enough to start nibbling
more
|
| Cambridge Industrial Trust - 3QFY2008. Downgrade to Hold |
3 Nov, 2008 |
Re-financing outcome known by 4QFY08.
more
|
| OCBC - Company Update |
28 Aug, 2008 |
No Strength in Sight
more
|
| DBS Group - Company Update |
28 Aug, 2008 |
Possible Technical Rebound Ahead
more
|
| UOB - Company Update |
28 Aug, 2008 |
No Strength in Sight
more
|
| Ho Bee Investment – 2QFY08 Results |
13 Aug, 2008 |
Excluding fair value gains, net profit dipped 32%
more
|
| Hong Leong Finance 1H08 net profit up 7% to S$61m |
13 Aug, 2008 |
Slower 2Q numbers; full year earnings revised down by 6%
more
|
| Kim Eng Holdings. Interim numbers boosted by disposal gains |
11 Aug, 2008 |
Upgrade to Hold
more
|
| DBS’ Interim Results within expectations |
8 Aug, 2008 |
But results mediocre when compared to peers, UOB and OCBC both saw margins widening
more
|
| OCBC 2008 Interim Results in line |
8 Aug, 2008 |
Strong core operating results dragged down by Great Eastern Holdings
more
|
| UOB 2008 Interim Results in line |
6 Aug, 2008 |
CDO not an issue, as close to 40% will mature by this September
more
|
| Cambridge Industrial Trust - 2QFY2008 Results |
31 Jul, 2008 |
Pending Shariah-compliant status potentially provides access to huge pool of funding.
more
|
| Raffles Medical Group: 2Q08 Results within expectations |
31 Jul, 2008 |
Fair value is pegged at S$1.47 on the assumption that hospital capacity peaks in FY09
more
|
| Kim Eng Holdings 1Q results |
22 May, 2008 |
Maintain SELL. Switch to Hong Leong Finance
more
|
| City Developments Ltd – 1QFY08 Results |
22 May, 2008 |
Core earnings grew by 30.8% in 1QFY08; strong fundamentals
more
|
| China Sky. Quarterly results update |
21 May, 2008 |
1Q08 within expectations; maintain fair value of $1.58
more
|
| Ho Bee Investment – 1QFY08 Results |
14 May, 2008 |
Dip in net profit due to timing of revenue recognition
more
|
| Synear Food. Impact of earthquake in Sichuan on Chengdu plant |
14 May, 2008 |
Disruption to transport and possibly raw material supplies could impact sales and add further pressu
more
|
| DBS 1Q08. In line with expectations |
8 May, 2008 |
Switch to UOB
more
|
| OCBC 1Q:08. Results in line |
8 May, 2008 |
Little upside from here. HOLD.
more
|
| UOB 1Q08. Margins widened as liquidity tightened in 1Q08 |
7 May, 2008 |
NIM likely to stay high until US subprime issue resolved
more
|
| Raffles Medical. 1Q08 within expectations |
6 May, 2008 |
Revenue of S$47.41m (+25.8% yoy) and net profit of S$6.1m(+48.4% yoy)
more
|
| Hong Leong Finance: 1Q08 net profit up 16% to S$30m |
30 Apr, 2008 |
In line with our full year forecast
more
|
| Cambridge Industrial Trust - 1QFY2008 Results |
29 Apr, 2008 |
Attractive 9% yield provides good downside protection
more
|
| Li Heng Chemical Fibre plant visit note |
2 Apr, 2008 |
On expansion trail. Time may be ripe to enter
more
|
| Synear Food. Teleconference take-aways |
20 Mar, 2008 |
1Q08 revenue guidance spells a very disappointing first quarter
more
|
| Electrotech Investments. 4Q07 Results Highlights |
10 Mar, 2008 |
Slight hiccup in 4Q07 but LT outlook remains positive
more
|
| Cacola Furniture. Stock still attractive, maintain Buy |
4 Mar, 2008 |
Stock trading at an undemanding PE of 3.6x. Strong outlook for 2008 on additional capacity and new
more
|
| City Developments Ltd – FY07 Results |
4 Mar, 2008 |
Impressive 106% profit growth purely from core operations
more
|
| Ho Bee Investment – Strong FY07 Results |
3 Mar, 2008 |
Record high profit levels
more
|
| Synear results briefing update - Q1 outlook weak but.... |
29 Feb, 2008 |
Current valuation compelling on 6x PE (ex-cash). LT fair value range $0.79-$0.92
more
|
| UOB FY07 Results: Its CDO exposure not a concern for us |
28 Feb, 2008 |
Strong set of results, with across-the-board growth. Maintain BUY
more
|
| Synear. Full year results below expectations |
27 Feb, 2008 |
Surprise taxes and higher distribution costs compounded cost pressures
more
|
| OCBC FY07 Results: another S$10m CDO provisions in 4Q07 |
22 Feb, 2008 |
Its CDOs exposure is the least concern for us
more
|
| Raffles Medical Group FY07 Results |
22 Feb, 2008 |
All round growth from both the Hospital Services and Healthcare services segments.
more
|
| Starhub Ltd. 4Q07 Results Highlight |
19 Feb, 2008 |
Strong reported numbers driven by tax credit
more
|
| Hong Leong Finance: FY07 net profit up 39% to S$133m |
18 Feb, 2008 |
Pre-provision writeback, operating profit was up 23%, 10% above our expectations
more
|
| DBS FY07 Results. $170m charges for its CDO exposure in 4Q |
18 Feb, 2008 |
Is it too early to put the CDOs to rest? Upgrade to HOLD/Trading Buy purely on valuation grounds.
more
|
| Singtel. 3Q08 Results Highlight |
15 Feb, 2008 |
Unexpectedly strong performance from Singapore operations
more
|
| Valuetronics 3Q:08 results |
4 Feb, 2008 |
Sales from PHILIPS drive OEM growth
more
|
| Cambridge Industrial Trust – FY08 results in line with our expectations; Maintain HOLD. |
4 Feb, 2008 |
Proactive capital and asset management by new management team
more
|
| Cambridge Industrial Trust - FY2007 Results |
1 Feb, 2008 |
Attractive 10% yield and potential capital uplift
more
|
| MobileOne Ltd. Full year results highlight. |
30 Jan, 2008 |
Rising operating costs to affect profitability
more
|
| Cacola Furniture International Ltd. Fair Value $0.69. |
24 Jan, 2008 |
High growth consumer-play with undemanding PE of 3.5x.
more
|
| Cacola Furniture International Ltd. Fair Value $0.69. (Part Two) |
24 Jan, 2008 |
High growth consumer-play with undemanding PE of 3.5x.
more
|
| Ho Bee Investment – Scenario Study |
17 Jan, 2008 |
Trading at a discount even with no future sales.
more
|
| Synear Food Holdings Ltd. Fair value reduced to $2.55 |
4 Jan, 2008 |
Maintain Buy with 59% potential upside
more
|
| Telecommunication sector update |
3 Jan, 2008 |
2008 will be a key year for the sector
more
|
|
 |
|
