Nomura raises Keppel Corp’s (BN4.SG) target to $15.00 from $13.10, reiterates its Buy rating after factoring in strong FY10 earnings (7.0% ahead of the house’s estimate) plus the recent run-up in jack-up rig contracts.
Posts Tagged ‘ups’
Macquarie ups Keppel Land target to $4.81
January 25th, 2011 |
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Macquarie has raised its target price for Keppel Land (KLAN.SI), Singapore’s third-largest property developer, to $4.81 from $4.43 and kept its “neutral” rating.
Macquarie said Keppel Land’s core earnings for 2010 was $273.2 million, which were driven by residential projects in Singapore and China.
UBS ups M1 target to $2.48, keeps at Neutral
January 21st, 2011 |
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UBS raises M1’s (B2F.SG) target to $2.48 from $2.17, and keeps its Neutral rating. It says 4Q10 results were in line with expectations, with operating profit at $47 million, and net profit at $38 million.
“While revenue was higher than expected due to higher handset sales, this was offset by matching handset cost.” The house tips a 6.0% net profit growth in 2011 versus 2010.
Phillip ups target price for Cosco Corp to $2.68
January 21st, 2011 |
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Phillip Securities has raised its target price for Singapore-listed shipbuilder Cosco Corp (COSC.SI) to $2.68 from $2.32 and maintained its “buy” rating.
According to DBS Vickers, Cosco Corp could benefit from the restructuring of its parent Cosco Group, which may inject two of its shipbuilding assets into the Singapore-listed unit.
Citi Ups palm planters targets; likes Indofood
January 19th, 2011 |
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Citigroup says “CPO prices will remain well-supported over the near-term, as 1Q is typically a seasonally weak production period, exacerbated by wet weather affecting harvesting in parts of Malaysia and Indonesia.” It says other positives for CPO include firm soybean prices (weaker production outlook), higher oil prices (raised its estimate last week to $90/bbl from $85/bbl).
UPS Software Monitors and Controls Your Power Supply Posted By : Article Expert
January 13th, 2011 |
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A UPS software is a device that exists between a power supply and a device (computer) to protect it from unneeded features of the power source. There are two types of software: UPS control software and UPS monitoring software.
DMG upgrades SGX to Buy, ups FY12 volume view
January 11th, 2011 |
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DMG upgrades Singapore Exchange (S68.SG) to Buy from Neutral and raises its target price to $9.45 from $8.33. The house says SGX’s share price underperformed over the past year, but could outperform ahead.
The house raises its fiscal FY12 average daily turnover assumption by 8% to $1.90 billion on expectations trading volumes will rise, “given increased interest in market developments in the U.S. and EU, and on the domestic front.”
Credit Suisse ups Yangzijiang target to $2.40; tips as cheap
January 11th, 2011 |
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Credit Suisse raises Yangzijiang Shipbuilding (BS6.SG) target to $2.40 from $2.20 on 14X 2011E P/E, in line with the sector and keeps an Outperform call.
“The market is underestimating Yangzijiang’s growth potential…despite rising 63% in 2010, Yangzijiang should continue to outperform the market…as order intake grows strongly in 2011 and margins remain resilient.”
Apple ups Q1 shipment estimates, Hackulous “reverse BitTorrentâ€, Verizon iPhone Skype docs leak
December 27th, 2010 |
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DigiTimes reports according to sources in Taiwan, Apple is upping the shipment estimates for Q1 2011 for the iPhone. The rumor includes 5-6 million CDMA iPhones to ship that quarter. Hackulous is a hacker store that offers pirated apps for Jailbroken iPhone users. The developers of the community have announced a new way to upload [...]
DBS Vickers ups Yangzijiang target 9.2% to $2.60
December 16th, 2010 |
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DBS Vickers raises Yangzijiang’s (BS6.SG) target price to $2.60 from $2.38 after rolling over its valuation to blended 2011-2012 earnings and increasing 2011-12 earnings forecasts by 4% and 14% respectively in anticipation of increased orders.
CityDev raised to Hold by RBS; Ups target to $11.90
December 14th, 2010 |
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RBS upgrades City Developments (C09.SG) to Hold vs Sell and lifts its RNAV-based target price to $11.90 vs $10.93 to reflect the higher valuations of the developer’s commercial properties and its Millennium & Copthorne (MLC.LN) unit.
“We expect the capital value of CDL’s commercial portfolio to appreciate next year on the back of higher transaction volume and rents.”
Credit Suisse ups Singapore 2011 GDP growth forecast to 4.7%
December 10th, 2010 |
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Credit Suisse raises its Singapore 2011 real GDP growth forecast to 4.7% from 4.2%, reflecting a more positive global outlook for 2011.
“The more positive global economic growth outlook (especially for the G3 economies) augurs well for Singapore.”
While strategist Sakthi Siva is Underweight Singapore (mainly due to valuations), she prefers export-oriented markets that will benefit from the recovery in global industrial production over domestic defensives. She says sectors that would benefit from the recovery in global IP include capital goods, transport and commodity names.
Morgan Stanley ups CPO price view; Golden Agri still top pick
December 3rd, 2010 |
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Morgan Stanley says market “now accepts that the 2H10 CPO production recovery will be weak, but may underestimate the persistent weakness in 1H11, which in our view will be followed by a supply rebound in 2H11.”
U.S. assesses WikiLeaks damage, ups security
December 2nd, 2010 |
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WikiLeaks has continued to cause diplomatic havoc around the world with its daily disclosures, putting the US government on the back foot. In time honored way of closing the door after the horse has bolted, Washington is to set up a committee to tighten security at its agencies, to keep sensitive documents classified.
Western diet ‘ups prostate cancer risk’
December 2nd, 2010 |
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A new study has revealed that elevated fat and cholesterol levels found in a typical American-style diet plays an important role in the growth and spread of prostate cancer. Researchers at Thomas Jefferson University’s Kimmel Cancer Center demonstrate how mice eating a Western diet, and predisposed to develop prostate cancer, can develop larger tumors that [...]
CLSA ups Suntec REIT to Buy; favours office exposure
November 30th, 2010 |
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CLSA upgrades Suntec REIT (T82U.SG) to Buy vs Outperform, raises target price to $1.60. Says, private placement (at 4.0% discount to VWAP) in-line with other recent equity raising discounts of around 5.0%.
“The deal is marginally yield accretive…raising DPU marginally by 1.0%-2.0%. In the long run…the deal is a huge positive as it enables Suntec REIT to acquire one of the key office prime jewels in Singapore.”
Macquarie ups Lippo-Mapletree target to $0.64
November 30th, 2010 |
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Macquarie raises Lippo-Mapletree Indonesia Retail Trust (D5IU.SG) target price to $0.64 from $0.55 after rolling forward valuation to 2011, lowering risk-free rate assumption. Keeps Outperform call.
Says annualized dividend yield remains attractive at 8.6%, while overall portfolio performance strong, with average occupancy at 98% in 3Q10 vs 81% industry average.
Eaton UPS Safely Protects Systems with Graceful Shutdown
November 30th, 2010 |
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UPS power protection using Eaton Intelligent Power Protection enhances graceful physical system shutdown during power events. – Eaton
Intelligent Power Protector joins the UPS makers management suite to
extend graceful shutdown of physical host systems including those
hosting VMware virtual machines.
Intelligent Power Protector (IPP) started shipping on Oct. 4 and is
available as part of a free download for up to 10 …
CIMB ups China Fishery to outperform; Raises target
November 26th, 2010 |
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CIMB upgrades China Fishery Group (B0Z.SG) to Outperform from Neutral, says FY10 net profit of US$116.5 million (+24% on-year) below forecast, represents 87% of FY10 estimate; says shortfall due to lower trawling revenue, poorer-than-expected anchovy catch in Peru.