hi all,

aussie weakness impact: singtel, comfortdelgro, sing powers, capitaland, tat hong, cse global, aus net, allco reit, city spring

furniture companies are experiencing weak demand for the last year or so.

textiles companies especially users of nylon are not performing: china hongx(concerns on possible receivables default), sinotechfib (plants underutilised and margin squeeze with power bills hike)

MIIF: debt levels are not as low as it might seem due to accounting SD

SIA business class taking a hit in demand and job cuts likely to set in

typical buy oil/coal related companies near winter are not in play as industrial fall in demand is overwhelming.

USD strengthen to benefit china farm as their operations in 7-11, cold storage and giant (supermarts) gain from USD revenue.

Banks like RBS and HBOS & Lloyds TSB getting nationalised reinstilling confidence in investors.

capitaland with asset light strategy holds high cash position and will stand to benefit from cheap acquisitions when assets get into fire sales due to financial distress

DOW tested 97% retracement on last friday. base on past bear rally, STI first resistence @2240 and target at 2400.

despite spike, BDI collapse due physical demand issues, affecting shipping companies.

high beta plays: capitaland, sgx, citydev, uob, sembmar technical call: SATS with tg 1.89

fair value accounting treatment eased internationally, financial statements will not be as straight forward with such flexibility

companies with high receivables from clients based in china likely to face potential distress. Beauty china

downgrade from citigroup: ezra, cosco, rickmire, sembmar : mainly due to debt and funding concerns

US reit in new york collapse, highlighting weakness in commercial sector and rental collapse.
land sales by URA in singapore only received 1 bid...over supply, rentals to fall, reits to get hurt

sentosa property receives poor demand, caution...SC Global

SIA Eng and SATS...potential performers in this quarter and expected high dividends...
heiwa