Money Sense


Thursday, September 6, 2007

Strong Sectors

The following are two strong sectors that are highly recommended to invest in.

1) Marine and Shipping
- Cosco
- Keppel Corp
- LabroyMar
- Penguin
- SembMarine
- Semb Corp
- Swiber

2) Construction
- Yongnam
- CSC
- Koh Bros
- Hiap Seng

The three main construction projects up for tender are as follow:

1) Marina and Sentosa IR
- Yongnam
- CSC
Announcement for award is likely to be announced by December 2007. Currently, CSC has won a $240 million contract for foundation and piling works at Marina, and $6 million for land surveying at Sentosa.

2) Jurong Island Project
- Rotary
- OKP
- PSL
- Hiap Seng
- Yongnam
Announcement for award will be announced in September and October 2007.

3) Downtown Line Extension
Announcement for award is likely to be awarded in September 2007.

Dear all,
A gentle reminder: Due to the current volatile market, please trade with caution.

Note: Not an inducement to trade. You are encouraged to do your own research. I will not be responsible for any losses incurred.