Arrow Energy (AOE)

Updated 6 August 2009

Target Price/Fair Value in Brackets

Deutsche Bank - HOLD ($3.60)

Morninstar - HOLD ($3.15)

Lincoln - ($4.20)

Bendigo Bank (BEN)

Updated 5 August 2009

Target Price/Fair Value in Brackets

BA Merrill Lynch - BUY ($9.20)

Morningstar - REDUCE ($6.75)

Lincoln ($7.25)

Ten (TEN)

Updated 6 August 2009

Target Price/Fair Value in Brackets

Credit Suisse - UNDERPERFORM ($0.85)

Morningstar - SELL ($0.80)

Lincoln ($0.84)

CSR (CSR)

Updated 1 August 2009

Target Price/Fair Value in Bracket

Morningstar - HOLD ($1.60)

Lincoln - ($1.85)

BA Merrill Lynch - NEUTRAL ($1.65)

Orica (ORI)

Updated 1 August 2009

Target Price/Fair Value in Bracket

Lincoln - ($22.00)

Morningstar - ACCUMULATE - ($28.00)

BA Merrill Lynch - NEUTRAL ($21.00)

Harvey Norman (HVN)

Updated 1 August 2009

Target Price/Fair Value in Bracket

Intelligent Investor - LONG TERM BUY

Morningstar - HOLD ($2.20)

Lincoln - ($3.20)

Dexus (DXS)

Updated 1 August 2009

Target Price/Fair Value in Bracket

Lincoln - ($0.83)

Morningstar - BUY ($0.90)

Intelligent Investor - AVOID

Aristocrat Leisure (ALL)

Updated 1 August 2009

Target Price/Fair Value in Bracket

Intelligent Investor - LONG TERM BUY

Morningstar - HOLD ($3.90)

Lincoln - $3.35

Cabcharge (CAB)

Updated 1 August 2009

Target Price/Fair Value in Bracket

Intelligent Investor - SELL

Morningstar - ACCUMULATE - ($6.70)

Lincoln - ($6.10)

Lihir Gold (LGL

Updated 31 July 2009

Target Price/Fair Value in Bracket

Lincoln - ($3.34)

Morningstar - REDUCE ($1.85)

Brambles (BXB)

Updated 31 July 2009

Target Price/Fair Value in Bracket

Lincoln - ($5.66)

Intelligent Investor - HOLD

Morningstar - BUY ($7.90)

Leighton (LEI)

Updated 31 July 2009

Target Price/Fair Value in Bracket

Lincoln - ($21.00)

Morningstar - HOLD ($22.00)

Credit Suisse - UNDERPERFORM ($19.50)

Iress Market Technologies (IRE)

Updated 31 July 2009

Target Price/Fair Value in Bracket

Lincoln - STAR STOCK ($7.94)

Morningstar - REDUCE ($6.05)

Deutsche - HOLD ($6.10)

Wotif (WTF)

Updated 31 July 2009

Target Price/Fair Value in Bracket

Lincoln - STAR STOCK ($4.87)

Morningstar - HOLD ($3.20)

Iluka (ILU)

Updated 31 July 2009

Target Price/Fair Value in Bracket

Morningstar - BUY ($4.10)

Lincoln - ($3.56)

Servcorp (SRV)

Updated 31 July 2009

Target Price/Fair Value in Bracket

Lincoln - ($3.27)

Intelligent Investor - BUY

Fosters (FGL)

Updated 30 July 2009

Target Price/Fair Value in Bracket

Lincoln - ($5.55)

Morningstar - BUY ($5.50)

Credit Suisse - OUTPERFORM ($6.15)

News Corporation (NWS)

Updated 30 July 2009

Target Price/Fair Value in Bracket

Morningstar - HOLD ($15.00)

Lincoln - ($13.81)

Origin Energy (ORG)

Updated 30 July 2009

Target Price/Fair Value in Bracket

Lincoln - ($18.00)

Morningstar - BUY ($22.45)

Credit Suisse - NEUTRAL ($16.70)

Eastern Star Gas (ESG)

Updated 30 July 2009

Target Price/Fair Value in Bracket

Credit Suisse - OUTPERFORM ($1.25)

Tom Elliott - Top Takeover Target List

Lincoln - ($1.10)

WA Newspapers (WAN)

Updated 30 July 2009

Target Price/Fair Value in Bracket

Macquarie - NEUTRAL

Lincoln - ($4.55)

Morningstar - HOLD ($5.50)

Intelligent Investor - HOLD

Boral (BLD)

Updated 30 July 2009

Target Price/Fair Value in Bracket

Morningstar - SELL ($3.70)

Lincoln - ($3.58)

Intelligent Investor - AVOID

Dominion Mining (DOM)

Updated 30 July 2009

Target Price/Fair Value in Bracket

Lincoln - STAR STOCK ($5.37)

Morningstar - HOLD ($3.65)

GSJBW - BUY ($6.50)

Macquarie Group (MQG)

Updated 28 July 2009

Target Price/Fair Value in Bracket

Morningstar - HOLD ($41.70)

Lincoln - ($34.70)

Citi - BUY ($50.92)

Westfield (WDC)

Updated 28 July 2009

Target Price/Fair Value in Bracket

Lincoln - ($11.10)

Morningstar - HOLD ($12.00)

Alumina (AWC)

Updated 28 July 2009

Target Price/Fair Value in Bracket

Morningstar - BUY ($3.00)

Lincoln - ($1.50)

ROC Oil (ROC)

Updated 28 July 2009

Target Price/Fair Value in Bracket

Lincoln - ($0.85)

Morningstar - BUY ($2.00)

JP Morgan - UNDERWEIGHT ($0.54)

Tap Oil (TAP)

Updated 28 July 2009

Target Price/Fair Value in Bracket

Lincoln - ($1.14)

Morningstar - ($0.70)

JB Hi-fi (JBH)

Updated 28 July 2009

Target Price/Fair Value in Bracket

Morningstar - SELL ($10.15)

Lincoln - STAR STOCK ($17.34)

Australian Worldwide Exploration (AWE)

Updated 28 July 2009

Target Price/Fair Value in Bracket

Morningstar - BUY ($3.35)

Lincoln ($3.40)

Deutsche - BUY ($3.60)

Ben Griffiths - BUY

Ansell (ANN)

Updated 28 July 2009

Target Price/Fair Value in Brackets

Lincoln - STAR STOCK ($9.46)

Morningstar - BUY ($12.00)

Woolworths (WOW)

Updated 28 July 2009

Target Price/Fair Value in Brackets

Morningstar - ACCUMULATE ($32.05)

Intelligent Investor - HOLD

BA/Merrill Lynch - NEUTRAL ($26.65)

Lincoln - STAR STOCK ($30.75)

Wesfarmers (WES)

Updated 28 July 2009

Target Price/Fair Value in Brackets

Morningstar - HOLD ($21.90)

Citibank - BUY ($24.80)

Intelligent Investor - HOLD

Coca-Cola Amatil (CCL)

Updated 27 July 2009

Target Price/Fair Value in Brackets

Morningstar - ACCUMULATE ($9.00)

JP Morgan - NEUTRAL ($8.65)

Lincoln - STAR STOCK ($9.95)

Newcrest Mining (NCM)

Updated 27 July 2009

Target Price/Fair Value in Brackets

Morningstar - HOLD ($25.00)

UBS - NEUTRAL ($34.00)

Santos (STO)

Updated 27 July 2009

Target Price/Fair Value in Brackets

Morningstar - ACCUMULATE ($14.65)

Citi - BUY ($15.63)

Woodside Petroleum (WPL)

Updated 28 July 2009

Target Price/Fair Value in Brackets

Morningstar - BUY ($68.80)

CITI - BUY ($53.60)

National Australia Bank (NAB)

Updated 27 July 2009

Target Price/Fair Value in Brackets

Morningstar - HOLD ($26.80)

UBS - BUY ($27.00)

Intelligent Investor - SELL

ANZ Bank (ANZ)

Updated 27 July 2009

Target Price/Fair Value in Brackets

Morningstar - HOLD ($16.30)

Intelligent Investor - SELL

Westpac Banking (WBC)

Updated 27 July 2009

Target Price/Fair Value in Brackets

Morningstar - HOLD ($21.80)

Credit Suisse - NEUTRAL ($21.00)

Intelligent Investor - SELL

Toll Holdings (TOL)

Updated 27 July 2009

Target Price/Fair Value in Brackets

Morningstar - HOLD ($6.80)

Intelligent Investor - HOLD

Deutsche - BUY ($6.60)

JP Morgan - UNDERWEIGHT ($6.25)

Telstra (TLS)

Updated 27 July 2009

Target Price/Fair Value in Brackets

RBS - BUY ($4.12)

Morningstar - BUY ($4.55)

Credit Suisse - NEUTRAL ($3.30)

Intelligent Investor - HOLD

Commonwealth Bank (CBA)

Updated 27 July 2009

Target Price/Fair Value in Bracket

Morningstar - HOLD ($38.80)

Intelligent Investor - SELL

Credit Suisse - NEUTRAL ($40.00)

Cochlear (COH)

Updated 27 July 2009

Target Price/Fair Value in Bracket

Morningstar - ACCUMULATE ($60.00)

Credit Suisse - NEUTRAL - ($57.60)

Intelligent Investor - Long term Buy

Lincoln - STAR STOCK ($56.39)

Rio Tinto (RIO)

Updated 27 July 2009

Target Price/Fair Value in Bracket

Morningstar - BUY ($84.55)

Citibank - BUY ($64.00)

Deutsche Bank - BUY ($77.37)

Southern Cross - NPV = $75.00

BHP Billiton (BHP)

Updated 27 July 2009

Target Price/Fair Value in Brackets

Morningstar - BUY ($43.25)

Credit Suisse - NEUTRAL ($38.00)

UBS - NEUTRAL ($38.00)

Macquarie - OUTPERFORM ($39.25)

Citibank - BUY ($39.40)

CSL (CSL)

Updated 1 August 2009

Target Price/Fair Value in Brackets

Morningstar - BUY ($43.00)

BA/Merrill Lynch - BUY ($40.55)

JP Morgan - OVERWEIGHT ($36.28)

Lincoln - STAR STOCK ($39.23)

Southern Cross - BUY ($42.00)