Analyz - 17 Jan 2006
Some stocks worth watching this week
1) UOB - MorganStanley have an underweight rating on UOB. This rating is expected to come after a stellar rise of UOB's share prices in recent weeks. Analysts are not expecting any further upside to UOB due to low returns that is expected in 2006. Furthermore, many analysts are looking to 'buy' DBS, UOB's largest rival in Singapore.
2) Pacific Andes - One of its partly-owned subsidiary China Fisheries has launched its prospectus for a listing in SGX today at a price of S$1.25 per share, which frankly is high for Singapore's listing standards.
3) SIA - Singapore's national carrier announced an increase in passenger load for Q4 2005 and will this bring a further increase in the stock? Maybe, since the stock has already recovered from its low of $10-11 in 2003/2004 to $13 currently. Investors could look forward to bumper dividends should there be any divestment of the SIAEC and SATS.
1) UOB - MorganStanley have an underweight rating on UOB. This rating is expected to come after a stellar rise of UOB's share prices in recent weeks. Analysts are not expecting any further upside to UOB due to low returns that is expected in 2006. Furthermore, many analysts are looking to 'buy' DBS, UOB's largest rival in Singapore.
2) Pacific Andes - One of its partly-owned subsidiary China Fisheries has launched its prospectus for a listing in SGX today at a price of S$1.25 per share, which frankly is high for Singapore's listing standards.
3) SIA - Singapore's national carrier announced an increase in passenger load for Q4 2005 and will this bring a further increase in the stock? Maybe, since the stock has already recovered from its low of $10-11 in 2003/2004 to $13 currently. Investors could look forward to bumper dividends should there be any divestment of the SIAEC and SATS.
posted by Andrew at 11:47 PM
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