HOT STOCK - KIM ENG says SPH - Money Mind

HOT STOCK - KIM ENG says SPH is on course to report a record net profit for FY Aug10 when it announces its full-year results, likely on 12 October. Our page count shows that sales growth in the fourth quarter moderated somewhat, but the Singapore growth story will continue to sustain print advertising demand. Catalysts lie on the property front. BUY with a target price of $4.62. - KIM ENG

HOT STOCK: KIM ENG says Eratat Lifestyle - Money Mind

HOT STOCK: KIM ENG says Eratat Lifestyle recently held its annual Spring/Summer 2011 trade fair to showcase its latest designs to its distributors. Response has been very positive with new products generally able to command higher ASPs. We see a favorable risk-to-reward ratio as the stock is now trading at only 4x FY10 PER, a steep discount to China Hongxing of over 20x.

QUOTE OF THE WEEK: Value Investing - Money Mind

It's like buying Christmas cards in January, at about half the price of the same cards a month earlier- Warren Buffet. Catch Money Mind this Sunday at 7.30pm to know more.

Catch Money Mind this Sunday (Aug 29)

Catch Money Mind this Sunday (Aug 29) as we go on the trail of some of the world's greatest investors - many of whom owe their success to just one man - Benjamin Graham. But who is he? And what is his magic money-making formula?

KIM ENG'S STOCK TAKE - Money Mind

KIM ENG'S STOCK TAKE: Based on MasterCard’s survey, this year’s Great Singapore Sale drew a total spend of $1.2b, up 28% from last year. Consumer spending is likely to be resilient for the rest of the year, which bodes well for the retail industry. With sponsor CMA looking to acquire between $800m and $1b of assets in 2H10, we reckon CMT may selectively chip in with an equity stake.BUY with target price of $2.23.

CITIGROUP'S QUICK COMMENT ON CHINA STOCKS - Money Mind

40% beat consensus — 37 Chinese companies have reported 1H10 resultS. 14 beat consensus, spread among financials (PICC, China Minsheng Banking), consumer (ANTA Sports), healthcare (United Lab. Int'l) and internet (Alibaba & Tencent). 17 companies announced results that were in-line with market...

SCHRODER'S QUICK COMMENT - Money Mind

SCHRODER'S QUICK COMMENT: in June China became the world's second largest economy with economic output at US$1.337 trillion in the second quarter, compared to US$1.288 trillion for Japan. China's annualised growth in the second quarter was 10.3%, a rate of growth which - if sustained - would make China the world's largest economy, overtaking the US, at some point in the mid-2020s.

This Sunday on Money Mind

This Sunday on Money Mind.. Asia's newest exchange SMX is set to go "live"! A broker's promise of 15% returns over the STI! And the hits and misses for Oceanus on the rocky road to success! 9.30pm(SIN/HK) Aug 22 on CNA.