Date | Analyst | Company | Last | Target | Call | Valuation |
01/13/23 | CIMB | BRC Asia | 1.83 | 2.5 | Add | |
02/09/23 | DBS Vickers | BRC Asia | 1.86 | 2.22 | Buy | |
02/09/23 | Lim & Tan | BRC Asia | 1.86 | 0 | Hold | |
02/13/23 | CIMB | BRC Asia | 1.82 | 2.4 | Add | PER6x CY24 |
02/16/23 | Phillip | BRC Asia | 1.84 | 2.14 | Buy | PER7x FY23 |
03/10/23 | UOB Kay Hian | BRC Asia | 1.77 | 1.66 | Hold | PER7x FY23 |
05/11/23 | DBS Vickers | BRC Asia | 1.65 | 2.22 | Buy | |
05/11/23 | CIMB | BRC Asia | 1.65 | 2.2 | Add | |
05/12/23 | Lim & Tan | BRC Asia | 1.65 | 0 | Neutral | |
05/17/23 | DBS Vickers | BRC Asia | 1.64 | 1.89 | Buy | PER8x FY23/24 |
05/18/23 | Phillip | BRC Asia | 1.63 | 1.99 | Buy | DCF |
05/18/23 | UOB Kay Hian | BRC Asia | 1.63 | 1.73 | Hold | PER7x FY23 |
08/07/23 | DBS Vickers | BRC Asia | 1.67 | 1.89 | Buy | |
08/11/23 | Phillip | BRC Asia | 1.68 | 1.99 | Buy | |
08/17/23 | UOB Kay Hian | BRC Asia | 1.66 | 1.73 | Hold | PER7x FY23 |
11/22/23 | DBS Vickers | BRC Asia | 1.65 | 1.89 | Buy | |
11/22/23 | CIMB | BRC Asia | 1.65 | 2.3 | Add | PER6x FY24 |
12/06/23 | Phillip | BRC Asia | 1.74 | 1.99 | Buy | |
12/06/23 | DBS Vickers | BRC Asia | 1.74 | 2 | Buy | PER8x FY24 |
12/12/23 | UOB Kay Hian | BRC Asia | 1.74 | 2.07 | Buy | PER7x FY24 |
01/12/24 | Lim & Tan | BRC Asia | 1.8 | 2.09 | Accumulate | |
01/16/24 | CIMB | BRC Asia | 1.82 | 2.3 | Add |
Monday, February 5, 2024
BRC Asia - Stock calls
Boustead Projects - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
02/07/23 | Lim & Tan | Boustead Projects | 0.84 | 0.9 | Hold | Offer @ $0.90 |
Boustead - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
02/07/23 | CIMB | Boustead | 0.825 | 1.35 | Add | Sum of parts (20% disc) |
06/08/23 | CIMB | Boustead | 0.82 | 1.4 | Add | Sum of parts |
09/25/23 | OCBC | Boustead | 0.84 | 1.05 | Buy | Sum of parts |
11/16/23 | OCBC | Boustead | 0.86 | 1.2 | Buy | |
12/01/23 | CIMB | Boustead | 0.83 | 1.3 | Add | Sum of parts |
Stock calls for 5 February 2024
Date | Analyst | Company | Last | Target | Call | Valuation |
02/05/24 | UOB Kay Hian | A-Reit | 2.87 | 3.62 | Buy | DDM |
02/05/24 | Kim Eng | Dyna-Mac | 0.245 | 0.38 | Buy | |
02/05/24 | UOB Kay Hian | First Resources | 1.48 | 1.65 | Buy | PER8x FY24 |
02/05/24 | Phillip | Frasers Centrepoint Trust | 2.33 | 2.38 | Accumulate | DDM |
02/05/24 | DBS Vickers | Frasers Hospitality Trust | 0.46 | 0.62 | Buy | DCF |
02/05/24 | Phillip | Keppel Corp | 7.29 | 7.98 | Accumulate | Sum of parts |
02/05/24 | Lim & Tan | Keppel Corp | 7.29 | 7.66 | Accumulate | |
02/05/24 | UOB Kay Hian | Lendlease Reit | 0.625 | 0.93 | Buy | DDM |
02/05/24 | Phillip | Lendlease Reit | 0.625 | 0.83 | Buy | DDM |
02/05/24 | OCBC | Parkway Life | 3.64 | 4.27 | Buy | |
02/05/24 | phillip | SGX | 9.54 | 10.53 | Accumulate | PER19.4x FY24 |
02/05/24 | Kim Eng | UMS | 1.3 | 1.49 | Buy |
Friday, February 2, 2024
US ISM PMI has been in a contractionary phase for 15 months now.
The US ISM PMI was at 49.1 in January 2024 . Let's take a look at what happened here.
Let's calculate 2 unknown sub-indices (Estimated new local orders & local raw materials) first.
* Estimated new local orders=New orders % change (+5.5) - New export order % change (-4.7) = +10.2%
* Estimated local raw materials=Inventories % change (+2.3) - Imports % change (+3.7) = -1.4%
The PMI improved by 2 to 49.1 because of the significant spike in new local orders (estimated at +10.2%). The producers continue to let the customers' inventories to be depleted without increasing their production significantly. We view the spike in new local orders as an aberration as this is unlikely to be repeated. Furthermore, the PMI has been in a contractionary phase for 15 months now.
Banyan Tree - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
09/25/23 | Amfrasers | Banyan Tree | 0.4 | 0.415 | Buy |
