Misscellaneous

Financial One’s market cap isS$460.8 mln at 57.5 cents, , representing price-to-book of 0.79x,based on Jun ’09 NAV of 51.84 US cents or 72.4Singapore cents

Statschip - 1.1x book

Guocoleisure - NAV 74.8centsUS, S$1.04

China essence - at 0.40, 5xPE, 0.7x book

Soundglobal - dual listing candidate, waste water treatement

Shorts

Hi-P, at 71 cents, market cap is $629.89mln, forward PEis a demanding 12x versus its average of 7-8x.

Research:

Boustead

breadtalk

DMX Tech

Goodpack

GP Bat

GP industries

HL asia - noted

HL finance

Hoe Leong

HTL Intn

Kingmens

NSL

soilbuild

tiongwoon - green

wee hur

Shipping

Sembmar - revenue of 5billion a year, 5.5billion order book till early 2012, pe 11.8 at 4.00, revenue come from asia, europe, rig building

kepcorp - revenue of 12billion a year(8billion from marine, 2bill infra, 2 bill props), 5.6billion order book, pe 12+ at 9.00

aslmarine - revenue of 170mio a yr, 382orderbook, just enough to keep it going