Following a renewal of interest in S-shares, it might be valuable to look at Beauty China (BC), which has been unfairly beaten down to a mere 10.8x FY07 earnings.
Costs of raw materials have raised several times ever since the depreciation of the US$ against most of the Asian currencies.
Regional leaders said that soaring food prices may throw millions of Asians back into poverty, undo a decade of gains and stoke civil unrest, as they urged a boost to agricultural production to meet rising demand.
The Straits Times Index (STI) has broken out of a tight trading range, with the index possibly rising to challenge the 3,300 resistance.
SYNOPSIS: Growth from proactive capital management, accretive acquisitions and positive rental reversion. Trading at 9.2% below book value. Target price of S$0.88. Maintain BUY.
After carrying out extensive study and research, Dr. Chiang found out that options trading is the most versatile and possesses the most potential amongst all the other financial instruments, including stocks, foreign exchange and futures trading.
Why are there more and more people sitting on the fences? What are they waiting for? These investors are waiting for news that will cause the market to plummet, as these events will lead to panic selling. Add to the selling by speculators and you will have more panic selling.
ASCENDAS REIT: We adjust for a higher rental base for the warehouse retail segment, increasing our FY09 DPU forecast to $0.153 (+2.9%) and FY10 forecast to $0.164 (+0.3%). Maintain OUTPERFORM.
Investors have now braced themselves for an end to the subprime mess and, thus, are more than ready to jump back into the market as long as bad news are not overwhelmingly bad.
SYNOPSIS : UOB’s earnings growth in 2008 is projected to be the highest of the three banks. With 12.4% projected 2008 ROE, UOB is worth S$22, offering another 7% upside from the current level.