David Pouge posted up a review today of the Verizon iPhone 4 and noted in the original review that the device on AT&T would get tethering on Feb 13. That part has been removed from the review now, likely forced out by Apple ninjas. Best Buy has announced that on February 10 it will sell [...]
Posts Tagged ‘buy’
iPhone tethering on Feb 13?, Best Buy to sell Verizon iPhone Feb 10, PADACS battery cases
February 3rd, 2011 |
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Time Warner Cable to Buy Data Center Specialist NaviSite for $230 Million
February 2nd, 2011 |
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Time Warner Cable will diversify into data center service provisioning that will include various cloud services — including online storage. – Time Warner Cable said Feb. 1 that it plans to go into the data center
operations business by buying NaviSite for $230 million.
The deal is designed to enable Time Warner Cable, the second-largest cable
television operator (behind Comcast) in the United States, to diversify into
data center s…
Micro-Mechanics Holdings rated ‘buy’ by OCBC
February 2nd, 2011 |
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OCBC Investment Research in a Feb 1 research report says: “Micro-Mechanics (MMH) reported its 2Q11 results with revenue increasing 17% to $11.4 million and net profit surging 149.4% to $1.8 million. The growth was driven by increased sales of its semiconductor tooling business and Custom Machining and Assembly division as a result of improved conditions.
Ascendas India Trust rated ‘buy’ by Citi
February 2nd, 2011 |
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Citi Investment Research in a Jan 27 research report says: “While revenue was up 4% in INR terms due to higher maintenance/operations income, growth was flat in S$ terms, as a result of currency (Rs 33.3 vs Rs 34.5/SGD in Q3Fy10).
Global Logistic Properties rated ‘buy’ by Nomura
February 2nd, 2011 |
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Nomura Research in a Feb 1 research report says: “Recent activity/news flow in China’s logistics space suggests two emerging trends: (1) significant demand for quality modern warehouse facilities, as evident in Alibaba’s reported plans and (2) consolidation, which highlights two key ingredients for success: scale and access to capital.
Phillip upgrades SIA to ‘buy’ from ‘hold’
February 1st, 2011 |
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Singapore Airlines reported lower third quarter net profit, hit by provisions for fines by the European Commission and South Korean regulator, as well as a settlement with US authorities on cargo price-fixing charges.
Phillip said that if the non-recurring cargo fines of $199.1 million were removed, SIA’s profit after tax and minority interests actually increased 21% year-on-year to $487.4 million.
Yanlord, GIC Real Estate buy residential site in Tianjin, China
January 31st, 2011 |
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Singapore-listed China developer Yanlord (YNLG.SI) said on Monday it has teamed up with GIC Real Estate to buy a prime residential site in Tianjin, China for 1.16 billion yuan ($226.1 million).
The site in Jinnan District will provide 364,787 square metres of gross floor area.
GIC Real Estate is the property arm of Singapore wealth fund Government of Singapore Investment Corp (GIC.UL).
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BNP Paribas starts Mewah International at Buy
January 31st, 2011 |
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BNP Paribas starts Mewah International (MV4.SG) at Buy with a $1.33 target price. It says Mewah — Malaysia’s second-largest palm oil refiner and sixth-largest globally — has modern plants with state-of-the-art equipment, uses computerised process control and robotic system-storage facilities:
US may allow India to buy F-35 Lightning II stealth fighter
January 28th, 2011 |
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The United States may allow India to participate in the Joint Strike Fighter (JSF) programme and eventual purchase of its fifth generation F-35 Lightning II stealth fighter, according to a top Pentagon official. “There is nothing on our side, no principle which bars that on our side, Indian participation in the Joint Strike Fighter. Right [...]
Deutsche reinstates SATS at Buy; $3.80 target
January 28th, 2011 |
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Deutsche Bank reinstates SATS’ (S58.SG) Buy rating with a $3.80 target price saying the company is well-positioned for long-term structural growth.
“We like SATS given its strong market positions in both the aviation and food solutions sectors. We think (recent Japanese acquisition) TFK is value-accretive and estimate it adds 6% to our SATS valuation.”
CapitaLand flat; tepid interest in land parcel Buy
January 28th, 2011 |
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CapitaLand (C31.SG) flat at $3.65 with a moderate 2.2 million shares traded, as the developer’s purchase of a enbloc site at Marine Point for $100.68 million fails to generate much interest.
CapLand says inclusive of a $12.8 million development charge, the land cost works out at $1,056 psf per plot ratio. It plans to build 150 units of 1 and 2 bedroom apartments, for launch in 1H12.
OCBC cuts Kingsmen Creatives to Hold From Buy
January 28th, 2011 |
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OCBC downgrades Kingsmen Creatives (5MZ.SG) to Hold from Buy “in view of its hazy near-term outlook.” The house cuts its fair value estimate to $0.65 from $0.82.
The house says Kingsmen has been growing exponentially since its listing, with earnings growth recording double-digit rates between 2003 and 2008; “we believe that this trend may reach a plateau in FY10-FY11, and are projecting a mild contraction in FY10 profits followed by flat earnings growth in FY11.”
Capitaland to buy Singapore’s Marine Point for $100.68m
January 27th, 2011 |
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CapitaLand, Singapore’s biggest developer, signed an agreement to purchase the Marine Point development for $100.68 million, the company said in a statement to the stock exchange.
Located in the city’s Marine Parade area, the site will comprise 150 apartments, the statement said. The transaction will be completed by the third quarter.
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Ozzy Osbourne Justin Bieber Best Buy Super Bowl Ad
January 26th, 2011 |
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Teen heartthrob Justin Bieber is teaming up with an unlikely co-star for his Super Bowl Sunday ad debut: None other than the Prince of Darkness Ozzy Osbourne. Though it was only a few months ago when Ozzy admitted that he has absolutely no idea who Justin is, the musicians co-star in Best Buy’s first Super [...]
Cisco to Buy Pari for Network Management, Security Services
January 26th, 2011 |
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Cisco Systems is buying Pari Networks, a company whose software and appliances offer capabilities in network security, compliance and configuration. – Cisco Systems plans to buy Pari Networks, a privately held company
that sells network configuration, change management and compliance
management services.
Pari Networks products and solutions are a good
complement to Ciscos smart service offerings, according to Cisco
officials. Cisco will integ…
Bank of America-Merrill Lynch starts GMG Global at Buy; $0.50 target
January 26th, 2011 |
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Bank of America-Merrill Lynch starts GMG Global (5IM.SG) at Buy with a $0.50 target.
The house says the stock offers a 75% potential upside and new target price implies FY2011 price earnings of 15.5X. “Rubber is the new black” and that GMG is the “world’s pure rubber play,” the house says.
Parkway Life Reit rated ‘buy’ by DBS
January 25th, 2011 |
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DBS Vickers Securities in a Jan 24 research report says: “4Q10 DPU of 2.38 cents (+16% y-o-y; 6% q-o-q) was within our expectations. Gross revenue grew 21% y-o-y to $21.5 million, driven largely by additional contributions from a total of 19 nursing homes acquired and higher revenue from Singapore properties.
Q&M Dental Group rated ‘buy’ by CIMB
January 25th, 2011 |
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CIMB in a Jan 24 research report says: “Q&M is in a sweet spot with 37 clinics and two Dental Centres island-wide to tap the population’s dentistry needs, while its two Dental Centres yield higher revenue intensity.
“Investors have over the last six months taken over two healthcare groups (Parkway and Thomson Medical) at high premiums. Like Q&M, these names have strong brand equities, solid patient volumes, revenue & cash flows, and overseas ventures.
“Target price of 83 cents, based sum-of-the-parts valuation. Q&M offers investors value at 15x CY12 P/E (cheaper than peers) against our 3-year core earnings CAGR forecast of 30%. We like it for its strong recurring earnings in the domestic market and international expansion plans. BUY (initiating coverage).”