Friday, February 25, 2011

Stock ratings:

Stock ratings:
* SingTel: Citi upgrades to Buy, raises TP to $3.36 from $3.25, on expected margin improvements at Optus and Singapore.
* China Minzhong: BNP raises TP to $2.19 from $1.76, on higher ASP, margin outlook. Reiterates Buy.
* HK Land: Macquarie upgrades to Outperform from neutral, raises TP to US$7.60 from US$7.20. Says recent pullback provides attractive entry point.
ben_oh :

New issues:
* Technics Oil & Gas: TDR debuts today. Stock code 911613. Offer price of NT$11.70 translates to S$1.02/sh (2 TDRs = 1 share).
* UE E&C: to debut on SGX today. IPO Offer Price of $0.48.

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