Monday, October 29, 2007

News Flash

====Property Curbs====
In an attempt to cool things down, our government have step in to intervene hot property market, making the current deferment scheme more rigid for home buyers. The reason behind it is to make the homes more affordable the locals??? Hmm, I wonder how...

Nevertheless, this has brought a deep impact on our property players in Singapore where we saw most of them topping the top 30 losers today. I think this sector will sleep through the winter till next year.

With the government's target to achieve a 6.5 million, it will definately be back in play next year.

====Labory Being Taken Over====
News of this lucrative Marine and Oil Company being taken over by Dubai Drydocks has sparken up the prices in Labory. Hmm but analyst see the offering price too low????

Hmm, so far counters that speculations beign take over all cheong(Ezion by Ezra, Chartered Semiconductors by Temasek Holdings)

====CNA DMG Analyst Report====
Aztech got hugh contracts for its ADSL modem in Northern America and expects to clinch onto a futher 2 billion worth of contracts. As of now, factory are 100% operated.

12 Month Target Price: 0.51 (Oh My God!!!!)

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