Stock picks for 2010

COMPANY	SHARE PRICE ($)	CHANGE YTD (%)	MARKET CAP ($ BIL)	FORWARD PER (TIMES)	YIELD (%)	WHO'S RECOMMENDING IT
ALLGREEN PROPERTIES	1.23	186	1.96	14.8	1.63	CREDIT SUISSE
A-REIT	2.08	54.6	3.89	16.5	2.96	CITIGROUP
CAPITALAND	4.16	62.3	17.67	28.9	1.32	CREDIT SUISSE
COMFORTDELGRO	1.61	11	3.36	15	3.12	CREDIT SUISSE
DBS GROUP HOLDINGS	14.98	77.9	34.19	16.6	3.74	CREDIT SUISSE & CITIGROUP
EZRA HOLDINGS	2.16	217.6	1.43	12.6	0.69	OCBC
GENTING SINGAPORE	1.18	174	13.79	-	-	OCBC
HYFLUX	3.59	100.6	1.89	26	0.96	OCBC
KEPPEL CORP	8.22	89.8	13.1	10.2	4.38	OCBC & CREDIT SUSSIE
MIDAS HOLDING	0.87	79.4	0.84	22	1.15	OCBC
MOBILEONE	1.88	27	1.68	11	7.13	OCBC & CREDIT SUSSIE
NEPTUNE ORIENT LINES	1.58	56	4.07	-	-	CREDIT SUISSE & CITIGROUP
NOBLE GROUP	3.14	207.8	12.07	16	2.06	OCBC
OLAM INTERNATIONAL	2.58	124.3	5.18	22.8	1.36	OCBC
PARKWAY HOLDINGS	2.8	125.8	3.16	27.7	-	CITIGROUP
SEMBCORP MARINE	3.62	115.5	7.5	14	3.04	OCBC
SINGAPORE AIRLINES	14.32	45.4	17	-	-	CREDIT SUISSE
SINGAPORE EXCHANGE	7.99	57.3	8.46	21.4	3.29	CITIGROUP
SINGAPORE PERSS HOLDINGS	3.61	18.9	5.75	13	4.43	CREDIT SUISSE
SINGAPORE TELECOMMUNICATIONS	3.05	19.6	48.59	12.8	4.3	OCBC
SMRT CORP	1.87	13.3	2.84	16	4.14	OCBC
STARHUB	2.11	8.8	3.62	11	8.77	OCBC
ST ENGINEERING						CITIGROUP
UNITED OVERSEAS BANK	19.44	50.5	29.63	16.2	3.09	CREDIT SUISSE & CITIGROUP
UOL GROUP	3.99	79.7	3.13	9	1.88	OCBC
WILMAR INTERNATIONAL	6.43	130.5	41.09	17.8	1.17	OCBC
WING TAI HOLDINGS	1.85	124.2	1.47	10	1.62	CREDIT SUISSE

(Source: TheEdgeSingapore, December 28 2009)

False start for upstream oil and gas

FEDERAL INTERNATIONAL (20.5 cents) - Deceptively buoyant
- Prices are unlikely to rush upwards immediately
- Resistance likely to appear at current levels
- Pullback to 19 cents cannot be ruled out

ROTARY ENGINEERING ($1.05) - Stuck in a range
- Short term indicators have turned up after positive divergences
- Resistance at $1.10

KS ENERGY SERVICES ($1.20) - Challenging resistance
- Support is at $1.14
- Break above $1.18 indicates a target of $1.35

SEROJA (72 cents) - Testing top of the range
- Support for any retreat appears at 68 cents
- Resistance at 75 cents
- A breakout indicates a target of 95 cents

TIONG WOON (66 cents) - Impending dead cross
- Resistance is at 70 cents
- Support has been established at 53 cents

PEC (69 cents) - Breaks out of ascending triangle
- Resistance is at 70 cents
- Downside shoule be limited with 67 cents as support level

(Source: TheEdgeSingapore December 14 2009)

Office-property plays shine

SINGAPORE LAND ($6.45) – Uptrend intact

- Quarterly momentum has turned up

- If prices can hold above $6.40, that would provide them with a measured move to $7.30

UNITED OVERSEAS LAND ($3.90) – New 2009 high likely

- Prices broke out of resistance of $3.70

- Breakout indicates a target of $4.40

- A break below $3.70 negates the positive outlook

K-REIT ASIA ($1.04) – Poised for upmove

- Resistance at $1.10

- A successful breakout indicates at target of $1.22

UNITED INDUSTRIAL CORP ($2.07) –Christmas at UIC

- Price broke out of a seven month sideway range of $2

- Break indicates a target of $2.40

KEPPEL LAND ($3.28) – Set to move higher

- Prices have broken out of a large ascending triangle at $2.90

- Break indicates a target of $3.80

- Support at $3

CAPITACOMMERCIAL TURST ($1.16) – Breaks out of ascending triangle

- Prices appear poised to break out of resistance level between $1.13 to $1.15

- Break indicates a target of $1.28 and $1.34 respectively

(Source: TheEdgeSingapore December 7 2009)