JPMorgan has raised Neptune Orient Lines (N03.SG) target price to $2.00 from $1.70, keeps rating at Neutral, says Dow Jones.
JPMorgan raises FY 2011 EPS forecasts by about 49% following better-than-expected results on higher freight rates.
Posts Tagged ‘170’
Cosco +0.6%; Gets 2 more contracts; $1.70 to cap
August 5th, 2010 |
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Cosco (F83.SG) +0.6% at $1.64 in light trade, pausing for breather after run-up earlier this week on strong volume to 3-month high of $1.70, says Dow Jones.
Recent interest driven by strong improvement in 2Q10 earnings, improved order flows.
“Cosco has seen a surge in new orders over the past two months, signalling a turnaround in its prospects as it builds up its orderbook,” says Kim Eng Securities, which has Buy call, with $2.10 target.
NOL downgraded to Sell by Citi; Cuts target to $1.70
July 12th, 2010 |
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Citigroup has downgraded Neptune Orient Lines (N03.SG) to Sell from Buy, cuts target price to $1.70 from $2.00, based on 1.1x P/B vs 1.4x previously, according to Dow Jones.
Citi says expectations of shipping group returning to profitability this year on higher freight rates, increased volume already reflected in share price.
170 killed in Kyrgyzstan violence
June 15th, 2010 |
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The UN has called on Kyrgyzstan’s interim government to prevent deadly unrest as international concern mounts over the crisis sweeping the country. Clashes between Kyrgyz and ethnic Uzbeks have now left at least 170 dead and some 1,700 injured.
TPV profit jumps 170% on flat-panel television sales
June 3rd, 2010 |
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TPV Technology, the world’s biggest contract manufacturer of computer monitors, said first-quarter profit rose 170% as the company increased sales in its flat-panel television division.
Net income climbed to US$40.2 million ($56.3 million), or US$1.73 a share, from US$14.9 million, or 0.72 cents, a year earlier, TPV said in a statement to Hong Kong’s stock exchange today. Sales increased to US$2.39 billion from US$1.38 billion.
TPV Technology 1Q profit rises 170%
June 3rd, 2010 |
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TPV Technology said first- quarter profit rose 170% to US$40.2 million ($56.3 million) from a year earlier. The figures were in a Hong Kong stock exchange filing today.
Straits Asia Resources’ target cut to $1.70 by Goldman Sachs; keeps ‘conviction sell’
March 18th, 2010 |
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Goldman Sachs has cut Straits Asia Resources’ (AJ1.SG) target price to $1.70 from $1.85 on lower earnings estimates but maintains “sell” rating with stock on conviction sell list, reported Dow Jones Newswires.
The brokerage is cutting FY11, FY12 earnings estimates by 10%, 4% respectively, on lower production assumptions for thermal coal miner’s Sebuku mine and higher costs due to expensive temporary measures for loading coal in Jembayan mine.
Raffles Medical initiated a ‘buy’ at CLSA with $1.70 target
March 10th, 2010 |
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CLSA has initiated Raffles Medical Group (R01.SG) a “buy” with a $1.70 target price, according to Dow Jones Newswires.
CLSA says patient numbers set to grow on back of revival of medical tourism demand, shortage of beds in public hospitals.
Cricket: Bollinger fizzes as India skittled out for 170
November 8th, 2009 |
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A five-wicket haul by left-arm seamer Doug Bollinger helped Australia restrict India to 170 in 48 overs in the sixth one-day international on Sunday. New ball bowler Bollinger dismissed Sachin Tendulkar (10) and Yuvraj Singh (6) off successive overs in his opening spell before claiming