Straits Asia Resources up on broker upgrade - Singapore Stocks - Learn & Discuss Good Stocks Tips & Analysis!

Singapore Stocks - Learn & Discuss Good Stocks Tips & Analysis! > Stock Picks > Fundamental Picks > Straits Asia Resources up on broker upgrade

Fundamental Picks Do you use Fundamental Analysis to decide on stocks to buy? Post your picks here! However, do note that these picks are the opinions of the posters and should not be taken as a recommend to trade.

» Stock Profit/Loss Calculator

Find out exactly how much you'll make (or lose) with our stock calculator!

» Sponsors

» Market Hours

Trading Hours:
0900 - 1230hr,
1400 - 1700hr
Pre-Open:
0830 - 0859hr
Non-Cancel:
0859 - 0900hr
Adjust Phase:
1230 - 1359hr
Non-Cancel:
1359 - 1400hr
Pre-Close:
1700 - 1705hr
Non-Cancel:
1705 - 1706hr

Market Indices (Delayed)
STI 1643.68 +3.11		HSI 13509.78 -78.88	N225 7924.24 -79.86	SSE 2001.504 +36.09	DJ 8335.62 -256.07	Nasdaq 1442.52 -49.86

LinkBack

Thread Tools

Display Modes

#1 (permalink)

07-07-2008, 08:18 PM

abhinav2492 abhinav2492 is offline

Senior Member

Join Date: May 2008

Posts: 410

Thanks: 0

Thanked 1 Time in 1 Post

Straits Asia Resources up on broker upgrade

Straits Asia Resources rose as much as 3.9 percent after Goldman Sachs upgraded the stock to "buy" from "neutral" with a target price of S$4.70.
Goldman Sachs expects the company to get higher coal prices for 2009, and resource upgrades at the Jembayan coal mines, to drive share price outperformance.

Straits Asia Resources's high growth profile and inexpensive valuations has underpin Goldman Sachs to a more bullish view on the stock.

Sponsored links

« Previous Thread | Next Thread »

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts vB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are On

All times are GMT +8. The time now is 04:22 AM.

SingaporeStocks.com.sg provides forums for discussion where investors and traders can share information with each other and in so doing become better investors. The information and data made available on this Website including facts, views, advice, analyses, opinions and recommendations of individuals and organisations are for general information purposes only. Read our Terms & Conditions and General Disclaimer & Warning on using the website.
Singapore Web Hosting by Vodien Internet Solutions.