Heffernan Capital Management

Jakarta Equity Preview, Astra Agro Lestari, Berau Coal, Bumi Resources

In Jakarta the JCI climbed 26.82 points, 0.78%, to Rp 3,470.35 on Monday. About 2.85 billion shares worth Rp 3.78 trillion ($429 million) exchanged hands.We expect that rally to continue tomorrow but will be cautious as the developments in the Middle East will leave some volatility in the market. Best Buys Today Astra Agro Lestari, [...]

Read More » No comment February 28, 2011

Seadrill NYSE:SDRL Remains a Strong Buy

Shayne Heffernan Strong Buy Seadrill (NYSE:SDRL) traded at a new 52-week high yesterday of $37.65. Seadrill is expected to release its quarterly results on February 24th. Seadrill Limited Ordinary Shares (Bermuda) NYSE:SDRL Strong Buy issued by Shayne Heffernan on January 12 2011 with a $60 2012 price target. Company has a dividend yield over 7% [...]

Read More » 1 comment February 24, 2011

Allergan Inc NYSE:AGN Upgraded to Strong Buy

ALLERGAN INCORPORATED NYSE:AGN Allergan is a global, technology-driven multi-specialty health care company pursuing therapeutic advances to help patients live life to their fullest potential. In making this commitment, we work to develop an unparalleled level of insight into patients’ wants and needs ? and into the priorities and concerns of the medical specialists who treat [...]

Read More » 1 comment February 23, 2011

Thailand Apex Petrochemicals to Seek IPO

Thai Based Apex Plastics Group is seeking to IPO in 2011 and with turnover exceeding $300m USD in 2011 the IPO should gain the interest of regional investors. The company also plans to open a 150,000 brl a day Oil Refinery. Apex Plastics will IPO under the name Apex Petrochemicals International and is considering Singapore [...]

Read More » 2 comments February 23, 2011

Budget Makes Singapore Neptune Orient Lines a Strong Buy

During Friday?s budget speech, Finance Minister Tharman Shanmugaratnam said the government would help promote further growth for the country?s maritime sector. As part of its 2011 budget, the Singapore government has introduced the Maritime Sector Incentive scheme, effective from June. Martime has lifted its contribution to gross domestic product from 5% to over 7.5% in [...]

Read More » 1 comment February 23, 2011

Genting Singapore a Strong Buy

Genting Singapore shares were 2.5 percent lower at S$1.93 with over 5.6 million shares changing hands today in Singapore. At S$1.93 Genting is great buying said Shayne Heffernan. Shayne Heffernan has a 2012 price target of S$4.12 on the stock. Genting Singapore Reported Resorts World Sentosa (RWS) raked in $775.2 million in revenue in the [...]

Read More » 1 comment February 23, 2011

Techprecision Corporation OTC:TPCS Strong Buy

Techprecision Corporation OTC:TPCS Latest Developments Techprecision Corporation Receives $450,000 Medical Purchase Order Monday, 14 Feb 2011 08:03am EST TechPrecision Corporation announced that it has received a new medical purchase order valued at approximately $450,000. The order, from an existing customer, is to machine and fabricate key components and is expected to ship by the end [...]

Read More » No comment February 22, 2011

Wilmar International a Buy as Palm Oil Climbs

The Indonesian government said this month that Singapore listed Wilmar International would invest $900 million to build factories in Indonesia to produce palm products such as soap and margarine. Wilmar has a total area of more than 235,000 hectares in the country and also plans to develop a 200,000-hectare sugar plantation in Papua. The benchmark [...]

Read More » No comment February 22, 2011

Thoresen Thai Agencies a Strong Buy

Thailand’s Thoresen Thai Agencies is a strong buy Monday according to Shayne Heffernan. Even though the market remains challenging in the sector the cautious approach from management will provide a good base for the next 3 years. Shayne Heffernan has put a 2012 price target of 40 baht for 2012. Thailand’s Thoresen Thai Agencies owned [...]

Read More » No comment February 20, 2011

Lear Corporation, NYSE:LEA a Strong Buy

Lear Corporation (NYSE: LEA), is a supplier of automotive seat systems and electrical power management systems with a global foot print, including 35 countries. Shayne Heffernan has a $75 price target on the stock post split. The Company operates in two business segments: seat and electrical power management systems. The seating segment includes seat systems [...]

Read More » 1 comment February 18, 2011