Stock calls for 21 January 2022

Date	Analyst	Company	Last	Target	Call	Valuation
01/21/22	DMG & Partners	A-Reit	2.87	3.6	Buy
01/21/22	UOB Kay Hian	Aoxin Q&M	0.245	0.37	Buy	PER16x FY22
01/21/22	DMG & Partners	ESR-Reit	0.47	0.54	Buy
01/21/22	UOB Kay Hian	Genting	0.78	1.08	Buy
01/21/22	Lim & Tan	Keppel Corp	5.31	6.7	Accumulate
01/21/22	DBS Vickers	Nanofilm	2.99	4.12	Buy
01/21/22	DMG & Partners	Prime US Reit	0.83	1.04	Buy
01/21/22	DBS Vickers	Sabana	0.455	0.48	Buy	DCF
01/21/22	DMG & Partners	Suntec Reit	1.55	1.72	Buy

Sabana - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/22/21	Lim & Tan	Sabana	0.375	0	Accumulate
01/25/21	DBS Vickers	Sabana	0.395	0.45	Buy	DCF
07/23/21	DBS Vickers	Sabana	0.44	0.49	Buy
01/20/22	DBS Vickers	Sabana	0.45	0.49	Buy
01/20/22	Lim & Tan	Sabana	0.45	0	Hold

Roxy Pacific - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
09/20/21	Lim & Tan	Roxy Pacific	0.405	0.485	Accept offer	offer price $0.485

Riverstone - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/11/21	DBS Vickers	Riverstone	1.35	1.85	Buy	PER12.8x FY21/22
01/11/21	UOB Kay Hian	Riverstone	1.35	2.99	Buy	PER15.9x FY21
01/13/21	CIMB	Riverstone	1.41	2.5	Add
02/03/21	DBS Vickers	Riverstone	1.52	1.85	Buy
03/01/21	DBS Vickers	Riverstone	1.36	1.85	Buy	PER12.3x FY21/22
03/01/21	CIMB	Riverstone	1.36	2.3	Add
03/01/21	DMG & Partners	Riverstone	1.36	1.85	Buy	DCF
05/12/21	UOB Kay Hian	Riverstone	1.32	1.75	Buy
05/12/21	DBS Vickers	Riverstone	1.32	1.86	Buy	PER11x FY22
05/18/21	DMG & Partners	Riverstone	1.45	1.85	Buy
05/18/21	CIMB	Riverstone	1.45	1.8	Add
06/29/21	DMG & Partners	Riverstone	1.27	1.3	Neutral	DCF
08/06/21	DMG & Partners	Riverstone	1.21	1.3	Neutral
08/10/21	DBS Vickers	Riverstone	1.27	1.77	Buy	PER10x FY22
08/10/21	CIMB	Riverstone	1.27	1.4	Add	PER17x CY23
08/13/21	UOB Kay Hian	Riverstone	1.26	1.32	Hold	PER9.6x FY22
09/28/21	DMG & Partners	Riverstone	0.905	0.95	Neutral
09/29/21	DBS Vickers	Riverstone	0.9	1.77	Buy
10/04/21	DBS Vickers	Riverstone	0.885	1.28	Buy	PER10x FY22/23
11/10/21	DBS Vickers	Riverstone	0.78	1.28	Buy	PER10x FY22/23
11/11/21	DBS Vickers	Riverstone	0.79	1.2	Buy	PER10x FY22/23
11/11/21	DMG & Partners	Riverstone	0.79	0.65	Sell
11/12/21	CIMB	Riverstone	0.77	1.2	Add
11/12/21	UOB Kay Hian	Riverstone	0.77	0.68	Hold

Stock calls for 20 January 2022

Date	Analyst	Company	Last	Target	Call	Valuation
01/20/22	CIMB	Aztech	0.86	1.59	Add
01/20/22	CIMB	Jiutian	0.083	0.15	Add
01/20/22	DBS Vickers	Sabana	0.45	0.49	Buy
01/20/22	Lim & Tan	Sabana	0.45	0	Hold
01/20/22	DMG & Partners	SGX	9.57	9.8	Neutral	PER23x FY22

China will be cutting its rates very soon. - Part 4

https://finance.yahoo.com/news/chinese-banks-cut-borrowing-costs-012145227.html

China has cut its LPR rate to 3.7% from 3.8% today.

Previously, China cut its MLF and 7-day repo rate.

http://sg-stock.blogspot.com/2022/01/china-will-be-cutting-its-rates-very_17.html

Analyses of US main street economic indicators. - Part 3

The New York Empire State Manufacturing Index (-0.7) is the first to reflect our projection for the decline in US manufacturing in 2022.

We had projected the US manufacturing life cycle below.

http://sg-stock.blogspot.com/2022/01/analyses-of-us-main-street-economic_9.html

Latest Biden's polls!

 Poll:

Only 25% of Americans are satisfied with the performance of Biden.

The Republican has overtaken the Democrat in the latest Gallup survey.  This means there are more Americans supporting the Republican party now.

If the US were to hold an election, Biden and his party (Democrat) would lose.  It looks like Biden has some difficulty winning the mid-term election in November 2022 now.  If he cannot rein in the high inflation and prevent any spike in unemployment, he will definitely lose the November election.