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DAILY REPORT
6th
JANUARY 2015
Y O U R M I N T V I S O R Y Page 1
DAILY SGX REPORT
EPIC RESEARCH INDIA
411 Milinda Manor (Suites 409 – 417) 2 RNT Marg
Opp Central Mall Indore (M.P.)
Hotline: +91 731 664 2300
Alternate: +91 731 664 2320 / 2228
HNI & NRI SALES
CONTACT
2117 Arbor Vista Dr.
Charlotte (NC)
Cell: +1 704 249 231
DAILY REPORT
6th
JANUARY 2015
Y O U R M I N T V I S O R Y Page 2
TOP GAINERS & LOSERS
TOP GAINER % Change
CapitaMall Trust +0.49%
Ascendas Real Estate... +0.42%
Singapore Airlines L... +0.35%
Olam International L... 0.00%
Singapore Telecommun... -0.26%
StarHub Ltd -0.48%
Singapore Exchange L... -0.52%
SIA Engineering Co L... -0.72%
Hongkong Land Holdin... -0.74%
ComfortDelGro Corp L... -0.76%
TOP LOSER % Change
Golden Agri-Resource... -3.26%
Sembcorp Industries ... -3.14%
Jardine Cycle & Carr... -2.39%
United Overseas Bank... -2.24%
DBS Group Holdings L... -2.24%
Thai Beverage PCL -2.14%
City Developments Lt... -2.04%
Keppel Corp Ltd -1.92%
Noble Group Ltd -1.72%
Hutchison Port Holdi... -1.45%
Hutchison Port Holdi... -0.70%
Olam International L... -1.23%
ComfortDelGro Corp L... -1.21%
Singapore Press Hold... -0.94%
Straits Times Index (STI)
CT
AREI
T
SIA
OLA
M
ST STH SGX SIE HKL CD
% Change 0.49% 0.42% 0.35% 0.00% -0.26 -0.48 -0.52 -0.72 -0.74 -0.76
-1.00%
-0.80%
-0.60%
-0.40%
-0.20%
0.00%
0.20%
0.40%
0.60%
TOP GAINERS
GGR SCI JCNC UOB DBS
THBE
V
CIT KEP NOBL HPHT
%Change -3.26 -3.14 -2.39 -2.24 -2.24 -2.14 -2.04 -1.92 -1.72 -1.45
-3.50%
-3.00%
-2.50%
-2.00%
-1.50%
-1.00%
-0.50%
0.00%
TOP LOOSERS
Snapshot for Straits Times Index STI (FSSTI)
Open 3,368.38
Previous Close 3,370.59
Day Range 3,319.72-3,369.05
Year-to- Date -1.09%
1-Year +9.61%
52-Week Range 2,953.01-3,387.84
DAILY REPORT
6th
JANUARY 2015
Y O U R M I N T V I S O R Y Page 3

 THE Singapore economy is officially expected to grow 2-4 per cent this year: the exact same forecast as a year ago for 2014.
But this range could mean either a pick-up in growth or further slowdown in 2015 - and it's anyone's guess given the diverse
range of risks to growth, both domestic and external. Advance estimates last Friday put Singapore's 2014 growth at 2.8 per
cent - in the lower half of the government's forecast range and significantly slower than 2013's 3.9 per cent. For now, market
economists expect some improvement in 2015, with a median forecast of 3.2 per cent growth this year.
 SINGAPORE'S Chief Justice on Monday announced the appointment of four new senior counsel (SC) at the opening of the
new legal year, bringing the number of SC to 59.They are: Lee Kim Shin, formerly a judicial commissioner of the Supreme
Court; Tan Chuan Thye, a director with Stamford Law Corporation; Mavis Chionh, chief prosecutor of the financial and
technology crime division in the Attorney-General's Chambers; and Edwin Tong, a partner at Allen & Gledhill LLP. The four
new SC were selected by a committee comprising Chief Justice Sundaresh Menon; Attorney-General V K Rajah, SC; Justice of
Appeal Chao Hick Tin; and Justice of Appeal Andrew Phang Boon Leong.The SC scheme was started in 1997 to recognise the
best and most skilful advocates in the legal profession.
 Singapore shares ended the second trading day of the New Year notably lower on profit-taking as investors pondered data
released last week showing pockets of weakness in several economies and the implications of a potential exit from the euro
zone by Greece, which will hold snap elections on Jan 25.Decliners outnumbered gainers 257 to 165, with some 1.26 billion
shares worth $844.6 million changing hands.
 OSK-DMG has cut its price target for Keppel Corp from $12.60 to $11.30, valuing the conglomerate's offshore and marine
business at 15 times forward earnings instead of 18 times previously to reflect the stock's "mid-cycle" valuations. Keppel’s
shares have pulled back substantially in recent months on the back of falling oil prices, which have fuelled concerns that
demand for the company's rigs would weaken.
 Dyna-Mac has won a contract with a preliminary value of nearly $89 million for the construction of 10 FPSO topsides modules
and one flare tower.The contract was awarded by BW Offshore, a leading global provider of floating production services to
the oil and gas industry.Dyna-Mac's contract includes preparation of shop drawings and the fabrication of 10 units of
topsides modules for an FPSO vessel that will operate at Premier Oil's Catcher oil fields in the UK sector of the North Sea.
 Yangzijiang Shipbuilding secured US$388 million ($485 million) of new orders in 4Q2014 with options to build another
US$122 million worth of vessels, the company said in a statement this morning.The new contracts bring the total value of
orders clinched in 2014 to US$1.8 billion, comprising 41 ships, according to the China-based shipbuilder.Six outstanding
options to build container ships and bulk carriers were carried forward to this year.
MARKET UPDATES & STOCK RECOMMENDATION
DAILY REPORT
6th
JANUARY 2015
Y O U R M I N T V I S O R Y Page 4
Disclaimer
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or
liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most.
Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that
we consider reliable.
This material is for personal information and based upon it & takes no responsibility
The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made
investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek
the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is
in violation of rules and regulations of NSE and BSE.
The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and
forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood
that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the
site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved.
Investment in equity & bullion market has its own risks.
We, however, do not vouch for the accuracy or the completeness thereof. We are not responsible for any loss incurred whatsoever for any financial profits
or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial
instrument. Our
Clients (Paid or Unpaid), any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us
to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.
Give us a missed call at +6531581402 Visit us @ www.epicresearch.sg
EZION HOLDING
BUY EZION HOLDING ABOVE 1.150 TARGET 1.200 1.260 SL 1.100

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EPIC RESEARCH SINGAPORE - Daily SGX Singapore report of 06 January 2015

  • 1. DAILY REPORT 6th JANUARY 2015 Y O U R M I N T V I S O R Y Page 1 DAILY SGX REPORT EPIC RESEARCH INDIA 411 Milinda Manor (Suites 409 – 417) 2 RNT Marg Opp Central Mall Indore (M.P.) Hotline: +91 731 664 2300 Alternate: +91 731 664 2320 / 2228 HNI & NRI SALES CONTACT 2117 Arbor Vista Dr. Charlotte (NC) Cell: +1 704 249 231
  • 2. DAILY REPORT 6th JANUARY 2015 Y O U R M I N T V I S O R Y Page 2 TOP GAINERS & LOSERS TOP GAINER % Change CapitaMall Trust +0.49% Ascendas Real Estate... +0.42% Singapore Airlines L... +0.35% Olam International L... 0.00% Singapore Telecommun... -0.26% StarHub Ltd -0.48% Singapore Exchange L... -0.52% SIA Engineering Co L... -0.72% Hongkong Land Holdin... -0.74% ComfortDelGro Corp L... -0.76% TOP LOSER % Change Golden Agri-Resource... -3.26% Sembcorp Industries ... -3.14% Jardine Cycle & Carr... -2.39% United Overseas Bank... -2.24% DBS Group Holdings L... -2.24% Thai Beverage PCL -2.14% City Developments Lt... -2.04% Keppel Corp Ltd -1.92% Noble Group Ltd -1.72% Hutchison Port Holdi... -1.45% Hutchison Port Holdi... -0.70% Olam International L... -1.23% ComfortDelGro Corp L... -1.21% Singapore Press Hold... -0.94% Straits Times Index (STI) CT AREI T SIA OLA M ST STH SGX SIE HKL CD % Change 0.49% 0.42% 0.35% 0.00% -0.26 -0.48 -0.52 -0.72 -0.74 -0.76 -1.00% -0.80% -0.60% -0.40% -0.20% 0.00% 0.20% 0.40% 0.60% TOP GAINERS GGR SCI JCNC UOB DBS THBE V CIT KEP NOBL HPHT %Change -3.26 -3.14 -2.39 -2.24 -2.24 -2.14 -2.04 -1.92 -1.72 -1.45 -3.50% -3.00% -2.50% -2.00% -1.50% -1.00% -0.50% 0.00% TOP LOOSERS Snapshot for Straits Times Index STI (FSSTI) Open 3,368.38 Previous Close 3,370.59 Day Range 3,319.72-3,369.05 Year-to- Date -1.09% 1-Year +9.61% 52-Week Range 2,953.01-3,387.84
  • 3. DAILY REPORT 6th JANUARY 2015 Y O U R M I N T V I S O R Y Page 3   THE Singapore economy is officially expected to grow 2-4 per cent this year: the exact same forecast as a year ago for 2014. But this range could mean either a pick-up in growth or further slowdown in 2015 - and it's anyone's guess given the diverse range of risks to growth, both domestic and external. Advance estimates last Friday put Singapore's 2014 growth at 2.8 per cent - in the lower half of the government's forecast range and significantly slower than 2013's 3.9 per cent. For now, market economists expect some improvement in 2015, with a median forecast of 3.2 per cent growth this year.  SINGAPORE'S Chief Justice on Monday announced the appointment of four new senior counsel (SC) at the opening of the new legal year, bringing the number of SC to 59.They are: Lee Kim Shin, formerly a judicial commissioner of the Supreme Court; Tan Chuan Thye, a director with Stamford Law Corporation; Mavis Chionh, chief prosecutor of the financial and technology crime division in the Attorney-General's Chambers; and Edwin Tong, a partner at Allen & Gledhill LLP. The four new SC were selected by a committee comprising Chief Justice Sundaresh Menon; Attorney-General V K Rajah, SC; Justice of Appeal Chao Hick Tin; and Justice of Appeal Andrew Phang Boon Leong.The SC scheme was started in 1997 to recognise the best and most skilful advocates in the legal profession.  Singapore shares ended the second trading day of the New Year notably lower on profit-taking as investors pondered data released last week showing pockets of weakness in several economies and the implications of a potential exit from the euro zone by Greece, which will hold snap elections on Jan 25.Decliners outnumbered gainers 257 to 165, with some 1.26 billion shares worth $844.6 million changing hands.  OSK-DMG has cut its price target for Keppel Corp from $12.60 to $11.30, valuing the conglomerate's offshore and marine business at 15 times forward earnings instead of 18 times previously to reflect the stock's "mid-cycle" valuations. Keppel’s shares have pulled back substantially in recent months on the back of falling oil prices, which have fuelled concerns that demand for the company's rigs would weaken.  Dyna-Mac has won a contract with a preliminary value of nearly $89 million for the construction of 10 FPSO topsides modules and one flare tower.The contract was awarded by BW Offshore, a leading global provider of floating production services to the oil and gas industry.Dyna-Mac's contract includes preparation of shop drawings and the fabrication of 10 units of topsides modules for an FPSO vessel that will operate at Premier Oil's Catcher oil fields in the UK sector of the North Sea.  Yangzijiang Shipbuilding secured US$388 million ($485 million) of new orders in 4Q2014 with options to build another US$122 million worth of vessels, the company said in a statement this morning.The new contracts bring the total value of orders clinched in 2014 to US$1.8 billion, comprising 41 ships, according to the China-based shipbuilder.Six outstanding options to build container ships and bulk carriers were carried forward to this year. MARKET UPDATES & STOCK RECOMMENDATION
  • 4. DAILY REPORT 6th JANUARY 2015 Y O U R M I N T V I S O R Y Page 4 Disclaimer The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. We are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid or Unpaid), any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. Give us a missed call at +6531581402 Visit us @ www.epicresearch.sg EZION HOLDING BUY EZION HOLDING ABOVE 1.150 TARGET 1.200 1.260 SL 1.100