THE EDGE ISSUE - JUL 30 - AUG 5, 2007. BUY/SELL/HOLD *NEW
COVER PAGE : JADE's NEW COLOR(Page 18 to 19)
Global meltdown blame game : Buyout binge and subprime woes key culprits (Page 4)
What's going on at C2O ? (Page 5)
Industrial production falls on electronics (Page 6)
MAS : Singapore's economy may accelerate (Page 6)
CPI Inflation rose on transport costs (Page 6)
Superior Fastening shifts focus to Auto (Page 8 )
Kingsmen broadens business with purchase of sports events management outfit (Page 10)
CapitaRetail China Trust's (CRCT) financial performance short of forecast, more high-growth trusts to list. (Page 12)
Tiong Woon's marine ambitions take shape in Bintan (Page 14)
Hong Leong Asia's (HLA) china diesel engine maker set to soar (Page 16)
Aztech sees strong earnings from homeplugs product as IPTV proliferates (Page 17)
SGX says profits more than tripled (Page 17).
Chartered suffers loss (Page 17).
Epure keeps focus on EPC deals in China's water sector (Page 20)
Sinomem plans to follow listing of Reyphon with IPO of another division (Page 21)
Qian Hu back in the game (Page 22)
Singapore's high-end retail slip may be showing (Page 23)
Island of rising costs, but what about salaries ? (Page 23)
If Scomi Marine sells CH Offshore. (Page 24)
Malaysian operations to drive Astro (Page 24)
Cement stocks best bet on Southeast Asia's building boom (Page 25)
Oil at US$100 may be months away (Page 26)
US Numbers still higher than Europe's (Page 26)
Market Rout : Wall Street tumbles, credit crunch triggers flight of cash (Page 27)
Banks could be best way to play next leg of property cycle (Page 28 )
Bet on tech recovery in Asia (Page 29)
NZ, Aussie dollars plunge as carry trades are dumped (Page 29)
Dollar's slide more boon than bane for Busg (Page 31)
Baidu takes on Google in China (Page 31)
Value Partners hikes stake in China Lifestyle (Page 34)
Running for cover. (Page 40)
The hero takes a fall, but all is not lost (Page 40)
CITY & COUNTRY :
Tapping Asia's Ageing Population(Page CC 1)
First REIT taps Asia's ageing population (Page CC4)
Buying into India from a safe distance (Page CC 6)
BROKERS DIGEST :
Armstrong Industries Corp - BUY (tp = 57 cents)
CWT - DOWNGRADE TO HOLD (tp = $1.06)
King's Safetywear - BUY (Initiating coverage) (tp = 46 cents)
ASL Marine Holdings - BUY (tp = $2.14)
Frasers Centrepoint Trust - MAINTAIN HOLD (tp = $1.67)
KS Energy Services - MAINTAIN BUY (tp = $4.78 )
Aztech Systems - MAINTAIN BUY (tp = 80 cents)
Fu Yu Corp - SELL (tp = 46 cents)
Man Wah Holdings - MAINTAIN BUY (tp = 58 cents)
BreadTalk Group - BUY (Initiating coverage) (tp = $1.05)
Hiap Hoe - MAINTAIN BUY (tp = $1.90)
Macquarie Int'l Infrastructure Fund - BUY (tp = $1.28 )
China Wheel Holdings - MAINTAIN BUY (tp = $1.36)
Hongguo Int'l Holdings - SELL (Initiating coverage) (tp = $1.00)
MobileOne - MAINTAIN BUY 1 (tp = $2.50)
Neptune Orient Lines - DOWNGRADE TO 2-EQUAL WEIGHT (tp = $6.20)
Osim Int'l - BUY (Initiating coverage) (tp = $1.20)
See Hup Seng - MAINTAIN BUY (tp = $1.23)
Singapore Exchange - MAINTAIN SELL (tp = $8.90)
Singapore Petroleum Co - BUY (tp = $7.20)
SMB United - BUY (tp = 54 cents)
PERSONAL WEALTH SECTION :
Managing newfound wealth (Page PW 1)
Seeking value in BRICs (Page PW 2)
US Dollar, global trade and protectionism (Page PW 4)
Climate change and your investments (Page PW 5)
Aiming for better returns with riskier asset classes (Page PW 8 )
OPTIONS SECTION :
Serious Dough : BREAD TALK (Page OP 6)
Hong Kong Rising (Page OP 8 )
Love is the key (Page OP 9)
VOLUME MOVERS :
Centillion Environment & Recycling Ltd
Baker Technology Ltd
Lian Beng Group Ltd
Liang Huat Aluminium Ltd
HOT STOCKS :
DOWN TO EARTH PROPERTY PLAYS :
United Overseas Land - Breaks down from top (neckline was at $5.60, breakdown indicates target of $4.50)
Wing Tai Holdings - Retreating from resistance (breakdown below neckline at $3.80 indicates target of $3.00)
United Industrial Corp - Breakdown from top formation (A break below $3.40 indicates a target of $2.70)
Wheelock Properties - Poised for a breakdown (Support level at $3.20, a break below $3.20 indicates a target of $2.00)
Singapore Land - Also breaks below top (Downside potential of $9.00)
Bukit Sembawang - Set to weaken (A breakdown would indicate a downside objective of $10.80).