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Cosco Corporation Ltd: Offshore is the key. Excluding provisions, net profit was in line. Shipbuilding margin held up well at 10%; offshore income rose 113% y-o-y, set on growth trend. A flurry of offshore contracts underway, raising the bar for Cosco. Maintain BUY; TP adjusted lower to S$2.86 as FY11-12F EPS revised down by 13-15%. Offshore provides the sparkle! ARA Asset Management: Bang for your buck. 1Q11 result highlighted strong earnings quality. Period 3, 2011 operating statistics. The average rat...

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Cosco Corporation Ltd: Offshore is the key. Excluding provisions, net profit was in line. Shipbuilding margin held up well at 10%; offshore income rose 113% y-o-y, set on growth trend. A flurry of offshore contracts underway, raising the bar for Cosco. Maintain BUY; TP adjusted lower to S$2.86 as FY11-12F EPS revised down by 13-15%. Offshore provides the sparkle! ARA Asset Management: Bang for your buck. 1Q11 result highlighted strong earnings quality. Period 3, 2011 operating statistics. The average rat...
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Singapore Stock Research | singapore-stock-research.blogspot.com Reviews

https://singapore-stock-research.blogspot.com

Cosco Corporation Ltd: Offshore is the key. Excluding provisions, net profit was in line. Shipbuilding margin held up well at 10%; offshore income rose 113% y-o-y, set on growth trend. A flurry of offshore contracts underway, raising the bar for Cosco. Maintain BUY; TP adjusted lower to S$2.86 as FY11-12F EPS revised down by 13-15%. Offshore provides the sparkle! ARA Asset Management: Bang for your buck. 1Q11 result highlighted strong earnings quality. Period 3, 2011 operating statistics. The average rat...

INTERNAL PAGES

singapore-stock-research.blogspot.com singapore-stock-research.blogspot.com
1

Singapore Stock Research: Industrial REITs: Expect rentals, capital values to appreciate further

http://singapore-stock-research.blogspot.com/2011/05/industrial-reits-expect-rentals-capital.html

Industrial REITs: Expect rentals, capital values to appreciate further. Subscribe to: Post Comments (Atom). Singapore Stock Research - your one stop research site. Singapore.stock.research [at] gmail [dot] com. For specific stock research information. 2011 Singapore Stock Research. Http:/ singapore-stock-research.blogspot.com/.

2

Singapore Stock Research: Mapletree Industrial Trust: 4Q11 Results - Steady growth

http://singapore-stock-research.blogspot.com/2011/04/mapletree-industrial-trust-4q11-results.html

Mapletree Industrial Trust: 4Q11 Results - Steady growth. Subscribe to: Post Comments (Atom). Singapore Stock Research - your one stop research site. Singapore.stock.research [at] gmail [dot] com. For specific stock research information. 2011 Singapore Stock Research. Http:/ singapore-stock-research.blogspot.com/.

3

Singapore Stock Research: Residential Property Market: Income limit hike suggests hawkish stance ahead

http://singapore-stock-research.blogspot.com/2011/05/residential-property-market-income.html

Residential Property Market: Income limit hike suggests hawkish stance ahead. Remain neutral on residential sector. We believe the upside of private residential prices remains limited in FY11 due to policy overhang and would face continued headwinds from expected increases in interest rates and physical supply over FY12-13. We maintain a HOLD rating on domestic residential developer CDL with a fair value of $10.72 (at 10% discount to RNAV). Subscribe to: Post Comments (Atom). 2011 Singapore Stock Research.

4

Singapore Stock Research: Indofood Agri Resources Ltd: Catalysts in sight

http://singapore-stock-research.blogspot.com/2011/05/indofood-agri-resources-ltd-catalysts.html

Indofood Agri Resources Ltd: Catalysts in sight. 1Q11 results above expectations. 1Q11 earnings ( 66% YoY) came in above ours and street's expectations at IDR514.3b. This was mainly on the back of a 38.6% increase in sales with higher ASPs and sales volume, which boosted gross profit margin to 45.9% this quarter, versus 37.8% a year ago. Subscribe to: Post Comments (Atom). Singapore Stock Research - your one stop research site. Singapore.stock.research [at] gmail [dot] com. 2011 Singapore Stock Research.

5

Singapore Stock Research: Mapletree Industrial Trust: Key take-aways from meeting

http://singapore-stock-research.blogspot.com/2011/04/mapletree-industrial-trust-key-take.html

Mapletree Industrial Trust: Key take-aways from meeting. Organic growth robust, further upside from acquisitions, asset enhancement works. Maintain BUY, DCF-based TP raised to S$1.21 Strong operational performance. Mapletree Industrial Trust's ("MINT") strong set of 4Q11 results unveiled encouraging datapoints. BUY call maintained, TP raised to S$1.21. Subscribe to: Post Comments (Atom). Singapore Stock Research - your one stop research site. Singapore.stock.research [at] gmail [dot] com.

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Cosco Corporation Ltd: Offshore is the key. Excluding provisions, net profit was in line. Shipbuilding margin held up well at 10%; offshore income rose 113% y-o-y, set on growth trend. A flurry of offshore contracts underway, raising the bar for Cosco. Maintain BUY; TP adjusted lower to S$2.86 as FY11-12F EPS revised down by 13-15%. Offshore provides the sparkle! ARA Asset Management: Bang for your buck. 1Q11 result highlighted strong earnings quality. Period 3, 2011 operating statistics. The average rat...

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