1Q15 sales in line and record high monthly sales in March; Outperform Dry Freight Options Report A sporting goods accessories manufacturer Still our top pick Key takeaways from video conference with management Swire Properties: more on the ‘nurturing reward’ Reported slight 1Q top line miss;reiterate Underperform and prefer TSMC Nikkei above 20,000 this morning; 22,500 likely around Sep FFA Report Indonesia Telecommunications