Capitaland - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/02/19	DMG & Partners	Capitaland	3.11	4	Buy
01/03/19	OCBC	Capitaland	3.07	3.96	Buy	RNAV (20% discount)
01/07/19	CIMB	Capitaland	3.06	3.55	Add	RNAV (35% discount)
01/15/19	DBS Vickers	Capitaland	3.27	3.62	Buy
01/15/19	Phillip	Capitaland	3.27	4	Accumulate	RNAV (20% discount), PB0.75x FY18
02/20/19	Lim & Tan	Capitaland	3.39	0	Buy
02/21/19	OCBC	Capitaland	3.43	3.98	Buy	RNAV
02/21/19	Phillip	Capitaland	3.43	4	Accumulate	PB0.75x FY19
02/21/19	CIMB	Capitaland	3.43	3.56	Add	RNAV (35% discount)
02/21/19	DBS Vickers	Capitaland	3.43	3.62	Buy
03/18/19	OCBC	Capitaland	3.44	3.98	Buy
03/21/19	Lim & Tan	Capitaland	3.47	0	Buy
03/26/19	CIMB	Capitaland	3.44	3.56	Add
04/01/19	UOB Kay Hian	Capitaland	3.65	4.4	Buy
04/02/19	Macquarie	Capitaland	3.69	3.9	Outperform	RNAV (30% discount)
04/02/19	OCBC	Capitaland	3.69	3.98	Buy
05/02/19	Phillip	Capitaland	3.53	4	Accumulate	RNAV (20% discount)
05/02/19	Lim & Tan	Capitaland	3.53	0	Hold
05/03/19	OCBC	Capitaland	3.54	4.04	Buy
05/03/19	CIMB	Capitaland	3.54	3.56	Add
05/27/19	DBS Vickers	Capitaland	3.28	4	Buy	RNAV (25% discount)
06/12/19	DBS Vickers	Capitaland	3.41	4	Buy
06/18/19	Macquarie	Capitaland	3.42	4.1	Outperform	RNAV (25% discount)
07/05/19	DBS Vickers	Capitaland	3.69	4	Buy
07/15/19	Phillip	Capitaland	3.69	4	Accumulate
07/15/19	CIMB	Capitaland	3.69	4.15	Add	RNAV (35% discount)
07/15/19	OCBC	Capitaland	3.69	4.04	Buy
08/07/19	OCBC	Capitaland	3.48	4.04	Buy
08/14/19	Macquarie	Capitaland	3.42	4.15	Outperform
08/19/19	Phillip	Capitaland	3.4	4.2	Buy	PB0.75x FY19
08/20/19	CIMB	Capitaland	3.46	4.15	Add	RNAV (35% discount)
08/22/19	DIR	Capitaland	3.5	4.1	Buy	RNAV (20% discount)
09/05/19	Lim & Tan	Capitaland	3.49	0	Accumulate
09/06/19	DBS Vickers	Capitaland	3.51	4	Buy
10/11/19	Phillip	Capitaland	3.51	4.2	Buy
10/23/19	UOB Kay Hian	Capitaland	3.62	3.8	Hold	Buy @ $3.30
11/06/19	DMG & Partners	Capitaland	3.69	4.2	Buy	RNAV (20% discount)
11/07/19	OCBC	Capitaland	3.66	4.42	Buy	RNAV (15% discount)
11/25/19	CIMB	Capitaland	3.66	4.15	Add
12/02/19	Phillip	Capitaland	3.68	4.2	Buy	RNAV (20% discount)
12/02/19	DMG & Partners	Capitaland	3.68	4.2	Buy	RNAV (20% discount)
12/02/19	UOB Kay Hian	Capitaland	3.68	3.8	Hold	RNAV (20% discount)
12/18/19	Lim & Tan	Capitaland	3.67	0	Hold
01/02/20	DBS Vickers	Capitaland	3.75	4.5	Buy	RNAV (18% discount)
01/08/20	DMG & Partners	Capitaland	3.84	4.2	Buy

Stock calls for 14 January 2020

Date	Analyst	Company	Last	Target	Call	Valuation
01/14/20	DBS Vickers	CDL Hospitality	1.64	1.8	Buy
01/14/20	DMG & Partners	DBS	26.1	25.8	Neutral	GGM, PB1.28x FY20
01/14/20	DBS Vickers	Far East Hospitality	0.755	0.8	Buy
01/14/20	DBS Vickers	Genting	0.92	1.2	Buy
01/14/20	DBS Vickers	Jumbo	0.385	0.47	Buy
01/14/20	Lim & Tan	Lian Beng	0.525	0	Buy
01/14/20	DBS Vickers	SIA	8.95	10.4	Buy
01/14/20	DMG & Partners	Singtel	3.27	3.5	Neutral
01/14/20	UOB Kay Hian	SPH	2.18	2.22	Hold	Sum of parts, Buy @ $2
01/14/20	CIMB	SPH	2.18	2.11	Hold	Sum of parts
01/14/20	DBS Vickers	SPH	2.18	2.12	Hold
01/14/20	DMG & Partners	Starhub	1.46	1.44	Neutral
01/14/20	DBS Vickers	Yangzijiang	1.16	1.68	Buy

How is China's economy doing? - Part 3

https://sg.finance.yahoo.com/news/china-december-trade-beats-forecasts-033823593.html

China's economy is powering ahead as we've anticipated.  We had stated previously that China's economy would be expanding because of de-americanization in its supply chain that would boost its local industries.

http://sg-stock.blogspot.com/2019/12/how-is-chinas-economy-doing-part-2.html

CapitaCommercial - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/04/19	Phillip	CapitaCommercial	1.75	1.9	Accumulate
01/14/19	UOB Kay Hian	CapitaCommercial	1.82	2.11	Buy	DDM
01/24/19	OCBC	CapitaCommercial	1.83	1.68	Hold
01/25/19	UOB Kay Hian	CapitaCommercial	1.85	2.16	Buy	DDM
01/25/19	DMG & Partners	CapitaCommercial	1.85	1.86	Neutral	DDM
01/25/19	DBS Vickers	CapitaCommercial	1.85	2	Buy	DCF
01/25/19	Lim & Tan	CapitaCommercial	1.85	0	Hold
01/28/19	OCBC	CapitaCommercial	1.9	1.83	Hold
01/28/19	CIMB	CapitaCommercial	1.9	1.94	Add
02/15/19	Phillip	CapitaCommercial	1.86	1.93	Accumulate
03/18/19	DMG & Partners	CapitaCommercial	1.98	1.86	Neutral
03/26/19	UOB Kay Hian	CapitaCommercial	1.92	2.16	Buy
04/22/19	Phillip	CapitaCommercial	1.93	1.93	Neutral	DDM, PB1.05x
04/22/19	DMG & Partners	CapitaCommercial	1.93	1.86	Neutral	DDM
04/22/19	OCBC	CapitaCommercial	1.93	1.88	Hold
04/22/19	CIMB	CapitaCommercial	1.93	2.03	Add	DDM
04/22/19	UOB Kay Hian	CapitaCommercial	1.93	2.16	Buy
04/22/19	DBS Vickers	CapitaCommercial	1.93	2.1	Buy	DCF
04/22/19	Lim & Tan	CapitaCommercial	1.93	0	Hold
05/13/19	UOB Kay Hian	CapitaCommercial	1.9	2.16	Buy
05/17/19	DBS Vickers	CapitaCommercial	1.93	2.1	Buy	DCF, PB1.15x
05/30/19	UOB Kay Hian	CapitaCommercial	1.95	2.16	Buy
06/13/19	UOB Kay Hian	CapitaCommercial	2.05	2.16	Buy
06/19/19	Phillip	CapitaCommercial	2.11	1.93	Neutral
06/24/19	OCBC	CapitaCommercial	2.14	1.88	Sell
07/04/19	DMG & Partners	CapitaCommercial	2.23	1.86	Neutral
07/17/19	OCBC	CapitaCommercial	2.18	1.88	Sell
07/17/19	Lim & Tan	CapitaCommercial	2.18	0	Hold
07/18/19	UOB Kay Hian	CapitaCommercial	2.17	2.17	Hold	DDM, Buy @ $1.98
07/18/19	DBS Vickers	CapitaCommercial	2.17	2.4	Buy	DCF
07/18/19	Kim Eng	CapitaCommercial	2.17	1.8	Hold
07/18/19	OCBC	CapitaCommercial	2.17	1.92	Sell
07/18/19	CIMB	CapitaCommercial	2.17	2.25	Add
07/19/19	DMG & Partners	CapitaCommercial	2.15	1.98	Neutral	DDM
07/22/19	Phillip	CapitaCommercial	2.15	2.18	Neutral	DDM
08/26/19	Phillip	CapitaCommercial	2.07	2.18	Neutral
08/27/19	UOB Kay Hian	CapitaCommercial	2.08	2.04	Hold	Buy @ $1.85
08/30/19	DBS Vickers	CapitaCommercial	2.13	2.3	Buy	DCF
09/24/19	Phillip	CapitaCommercial	2.11	2.18	Neutral
10/04/19	DBS Vickers	CapitaCommercial	2.04	2.3	Buy
10/18/19	Phillip	CapitaCommercial	2.05	2.18	Neutral
10/24/19	OCBC	CapitaCommercial	2.04	1.92	Hold
10/24/19	UOB Kay Hian	CapitaCommercial	2.04	2.3	Buy
11/25/19	Phillip	CapitaCommercial	1.99	2.18	Neutral
12/04/19	DBS Vickers	CapitaCommercial	2.01	2.3	Buy
12/10/19	DMG & Partners	CapitaCommercial	2	1.98	Neutral

Cache Logistics - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/28/19	phillip	Cache Logistics	0.75	0.75	Neutral	DDM, PB1.14x FY19
01/28/19	DBS Vickers	Cache Logistics	0.75	0.75	Hold	DCF
01/28/19	OCBC	Cache Logistics	0.75	0.76	Hold
01/28/19	DMG & Partners	Cache Logistics	0.75	0.81	Buy	DDM
01/28/19	CIMB	Cache Logistics	0.75	0.74	Hold
01/28/19	Kim Eng	Cache Logistics	0.75	0.85	Buy
02/15/19	phillip	Cache Logistics	0.71	0.75	Neutral
03/18/19	DMG & Partners	Cache Logistics	0.72	0.81	Buy
04/18/19	OCBC	Cache Logistics	0.72	0.7	Hold
04/26/19	OCBC	Cache Logistics	0.745	0.74	Hold
04/26/19	Kim Eng	Cache Logistics	0.745	0.88	Buy
04/26/19	DBS Vickers	Cache Logistics	0.745	0.75	Hold	DCF
04/26/19	CIMB	Cache Logistics	0.745	0.74	Hold
06/17/19	DMG & Partners	Cache Logistics	0.77	0.83	Buy	DDM
06/17/19	CIMB	Cache Logistics	0.77	0.78	Hold	DDM
06/19/19	phillip	Cache Logistics	0.79	0.75	Neutral
07/04/19	DMG & Partners	Cache Logistics	0.785	0.83	Buy
07/19/19	DBS Vickers	Cache Logistics	0.78	0.75	Hold	DCF
07/22/19	phillip	Cache Logistics	0.785	0.75	Neutral
07/26/19	Kim Eng	Cache Logistics	0.765	0.9	Buy	DDM
07/26/19	DMG & Partners	Cache Logistics	0.765	0.8	Buy	DDM
07/26/19	CIMB	Cache Logistics	0.765	0.76	Hold	DDM
08/26/19	phillip	Cache Logistics	0.725	0.75	Neutral
09/24/19	phillip	Cache Logistics	0.735	0.75	Neutral
10/18/19	phillip	Cache Logistics	0.73	0.75	Neutral
10/30/19	OCBC	Cache Logistics	0.72	0.72	Hold
11/25/19	phillip	Cache Logistics	0.71	0.75	Neutral
12/10/19	DMG & Partners	Cache Logistics	0.72	0.8	Buy

Bumitama - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/03/19	UOB Kay Hian	Bumitama	0.67	0.81	Buy
02/12/19	UOB Kay Hian	Bumitama	0.685	0.81	Buy	PER11x FY19
02/21/19	Kim Eng	Bumitama	0.69	0.96	Buy
02/26/19	DMG & Partners	Bumitama	0.67	0.67	Neutral	PER11x FY19
02/27/19	Kim Eng	Bumitama	0.675	0.97	Buy	PER13x FY19
02/28/19	DBS Vickers	Bumitama	0.665	0.85	Buy	DCF, PER13.9x FY19
04/08/19	UOB Kay Hian	Bumitama	0.725	0.81	Buy
05/15/19	UOB Kay Hian	Bumitama	0.69	0.81	Buy
05/15/19	DBS Vickers	Bumitama	0.69	0.8	Buy	DCF, PER18x FY19
05/17/19	DMG & Partners	Bumitama	0.7	0.62	Neutral
05/24/19	UOB Kay Hian	Bumitama	0.69	0.81	Hold
06/06/19	DMG & Partners	Bumitama	0.665	0.62	Neutral
06/27/19	UOB Kay Hian	Bumitama	0.615	0.81	Buy
07/02/19	Kim Eng	Bumitama	0.63	1.01	Buy
07/16/19	DBS Vickers	Bumitama	0.605	0.75	Buy	DCF
08/14/19	DMG & Partners	Bumitama	0.6	0.54	Neutral	PER14x FY20
08/15/19	DBS Vickers	Bumitama	0.59	0.69	Buy	DCF, PER18.5x FY19
08/28/19	Kim Eng	Bumitama	0.575	0.8	Buy
09/30/19	DMG & Partners	Bumitama	0.58	0.6	Neutral	PER16x FY20
11/12/19	DMG & Partners	Bumitama	0.595	0.69	Buy	PER16x FY20
11/13/19	DBS Vickers	Bumitama	0.62	0.72	Buy	DCF
11/13/19	Kim Eng	Bumitama	0.62	0.8	Buy	PER13x FY20
11/22/19	UOB Kay Hian	Bumitama	0.7	0.75	Buy
12/09/19	DMG & Partners	Bumitama	0.73	0.8	Buy	PER18x FY20
12/10/19	DBS Vickers	Bumitama	0.725	0.81	Buy	DCF

Stock calls for 13 January 2020

Date	Analyst	Company	Last	Target	Call	Valuation
01/13/20	UOB Kay Hian	Sheng Siong	1.27	1.29	Hold	Buy @ $1.19
01/13/20	Kim Eng	SPH Reit	1.08	1.15	Buy	DDM
01/13/20	OCBC	SPH Reit	1.08	1.13	Hold
01/13/20	Lim & Tan	SPH Reit	1.08	0	Buy on weakness
01/13/20	CIMB	SPH Reit	1.08	1.16	Add
01/13/20	DBS Vickers	SPH Reit	1.08	1.2	Buy

Taiwan President Tsai won the 2020 election again with help from the US.

Taiwan President Tsai has just won the 2020 election with help from the US.

http://sg-stock.blogspot.com/2020/01/facebook-is-intervening-in-asia.html

Taiwan looks set to suffer economically for the next 4 years under Tsai.

Baltic dry index - 774

Today, Friday, January 10 2020, the Baltic Dry Index climbed by 2 points, reaching 774 points.

Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.

======================

Related stock: Sembcorp Marine, Cosco & Pan ocean.

US rig count - 781

Related stock: Keppel Corp, Sembcorp Marine & Cosco.

The US bases suffered damages in Iraq after Iran's attack.

It looked like some US building structures (hangers) were destroyed.  If some aircrafts were in the hangers, more than US$100m were lost.

Breadtalk - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/21/19	DBS Vickers	Breadtalk	0.88	0.92	Hold	Sum of parts
02/21/19	DMG & Partners	Breadtalk	0.88	0.81	Neutral	Sum of parts
04/05/19	DMG & Partners	Breadtalk	0.87	0.81	Neutral
05/07/19	DBS Vickers	Breadtalk	0.835	0.92	Hold
05/08/19	DMG & Partners	Breadtalk	0.825	0.81	Neutral	Sum of parts
07/02/19	DMG & Partners	Breadtalk	0.75	0.81	Neutral
08/02/19	DBS Vickers	Breadtalk	0.715	0.77	Hold	Sum of parts
08/05/19	DMG & Partners	Breadtalk	0.69	0.71	Neutral	Sum of parts
09/03/19	DMG & Partners	Breadtalk	0.665	0.71	Neutral
09/04/19	DMG & Partners	Breadtalk	0.65	0.67	Neutral	Sum of parts, EV/Ebitda7.64x
09/06/19	DBS Vickers	Breadtalk	0.645	0.61	Hold	Sum of parts
12/11/19	DMG & Partners	Breadtalk	0.625	0.67	Neutral

BRC Asia - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/31/19	UOB Kay Hian	BRC Asia	1.37	1.75	Buy	PER11.5x FY20
08/08/19	UOB Kay Hian	BRC Asia	1.31	1.75	Buy	PER11.5x FY20
10/01/19	UOB Kay Hian	BRC Asia	1.34	1.75	Buy
11/18/19	CIMB	BRC Asia	1.47	1.9	Add
11/18/19	Lim & Tan	BRC Asia	1.47	1.8	Buy	DCF
11/26/19	UOB Kay Hian	BRC Asia	1.49	1.75	Buy	PER11.5x FY20
01/09/20	CIMB	BRC Asia	1.54	1.9	Add

Boustead - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
09/23/19	CIMB	Boustead	0.735	1	Add	Sum of parts
11/25/19	CIMB	Boustead	0.765	1	Add
01/03/20	CIMB	Boustead	0.76	1	Add	Sum of parts

Stock calls for 10 January 2020

Date	Analyst	Company	Last	Target	Call	Valuation
01/10/20	DBS Vickers	A-Reit	3.06	3.45	Buy	DCF
01/10/20	UOB Kay Hian	SIA	8.93	9.1	Hold	Sum of parts

Biolidics - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/27/19	CIMB	Biolidics	0.27	0.32	Add	EV/Sales 12x

Best World - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/28/19	DMG & Partners	Best World	2.56	2.95	Buy	DCF & PER18x
02/28/19	CIMB	Best World	2.56	2.43	Reduce	PER14.9x CY20
04/05/19	DMG & Partners	Best World	2.02	2.95	Buy
04/16/19	CLSA	Best World	1.77	1.75	Sell	Up from $1.29
04/26/19	DMG & Partners	Best World	1.62	0	Cease Coverage	Suspension

Banyan Tree - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/11/19	phillip	Banyan Tree	0.57	0.76	Accumulate	Sum of parts, PB0.72x FY19
05/22/19	phillip	Banyan Tree	0.535	0.76	Accumulate	Sum of parts, PB0.7x FY19
08/16/19	phillip	Banyan Tree	0.455	0.51	Accumulate	Sum of parts, PB0.6x FY19

Stock calls for 9 January 2020

Date	Analyst	Company	Last	Target	Call	Valuation
01/09/20	CIMB	BRC Asia	1.54	1.9	Add
01/09/20	DMG & Partners	Moya Asia	0.08	0.093	Buy	DCF
01/09/20	UOB Kay Hian	Unusual	0.275	0.44	Buy

The US-Iran attack will not escalate into a full blown war.

Trump declared no casualties on the US bases in Iraq.  However, Iran declared 80 Americans were killed by its missiles.

https://economictimes.indiatimes.com/news/defence/iran-says-80-american-killed-in-the-missile-strike-here-is-all-you-should-know-about-the-attack/articleshow/73149977.cms

Does the US death toll matter? No! Why?

This is because the unjustified killing of the Iranian top general results in a strong resistance in the US to wage a war with Iran over Iran's retaliation.

https://www.forbes.com/sites/rachelsandler/2020/01/08/pelosi-announces-vote-to-limit-trumps-war-powers-against-iran/#734016227a2e

Nancy is trying to de-escalate the tension by limiting Trump's power and the US citizens are not supporting a US-Iran war because they do not want to be conscripted to fight an unjustified war.  Furthermore, Nancy knows that this is not the time to engage in a war because the US economy is weakening.

The upcoming US GDP will be a better number but it is an illusion. Why?

https://www.cnbc.com/2020/01/07/us-trade-deficit-at-43point09b-in-november-vs-43point6b-estimate.html

The most recent US deficit fell to its lowest level under Trump's presidency because of the huge reduction in imports.  Being a consumption-led economy (70% of GDP), this doesn't bode well for the US because import is a precursor of local consumption.

Please read our post on China to understand the importance of imports since China is also a consumption-led economy.

http://sg-stock.blogspot.com/2019/12/how-is-chinas-economy-doing.html

The reduction in imports usually signals a future reduction in consumption.  Since import is part of the GDP formula, the decline in imports will boost the GDP figure.

Please read our post on the GDP calculation.

http://sg-stock.blogspot.com/2019/11/the-latest-us-gdp-growth-is-not.html

Avi-Tech - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/07/19	DMG & Partners	Avi-Tech	0.3	0.34	Neutral
02/14/19	DMG & Partners	Avi-Tech	0.29	0.3	Neutral	DCF
03/19/19	DMG & Partners	Avi-Tech	0.29	0.3	Neutral
07/16/19	DMG & Partners	Avi-Tech	0.28	0.27	Neutral	DCF
08/29/19	Lim & Tan	Avi-Tech	0.27	0	Buy
09/10/19	DMG & Partners	Avi-Tech	0.31	0.31	Neutral	DCF
10/08/19	DMG & Partners	Avi-Tech	0.34	0.31	Neutral
11/07/19	DMG & Partners	Avi-Tech	0.35	0.41	Buy	DCF
12/10/19	DMG & Partners	Avi-Tech	0.4	0.44	Buy	DCF

Ascendas India Trust - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/25/19	Jefferies	Ascendas India Trust	1.08	1.2	Buy
01/28/19	DBS Vickers	Ascendas India Trust	1.08	1.25	Buy	DDM
02/08/19	DBS Vickers	Ascendas India Trust	1.13	1.25	Buy
04/29/19	DBS Vickers	Ascendas India Trust	1.27	1.4	Buy	DDM
07/29/19	DBS Vickers	Ascendas India Trust	1.42	1.55	Buy
10/25/19	DBS Vickers	Ascendas India Trust	1.55	1.65	Buy	DDM
12/19/19	DBS Vickers	Ascendas India Trust	1.53	1.65	Buy

Ascendas Hospitality Trust - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/30/19	DBS Vickers	Ascendas Hospitality Trust	0.835	0.98	Buy	DCF
07/04/19	DBS Vickers	Ascendas Hospitality Trust	1.04	1.21	Buy	Pegged to ART

Stock calls for 8 January 2020

Date	Analyst	Company	Last	Target	Call	Valuation
01/08/20	DMG & Partners	Capitaland	3.84	4.2	Buy
01/08/20	DMG & Partners	CDL Hospitality	1.63	1.78	Buy
01/08/20	CIMB	Centurion	0.44	0.61	Add	DCF
01/08/20	UOB Kay Hian	CSE Global	0.56	0.7	Buy
01/08/20	DMG & Partners	CSE Global	0.56	0.69	Buy
01/08/20	CIMB	DBS	26.05	28.29	Add
01/08/20	Kim Eng	DBS	26.05	29.92	Buy
01/08/20	DMG & Partners	Fu Yu	0.255	0.27	Buy
01/08/20	DMG & Partners	Keppel Corp	6.84	7.8	Buy
01/08/20	DMG & Partners	Manulife US Reit	0.99	1.1	Buy
01/08/20	CIMB	OCBC	11	11.94	Hold
01/08/20	DMG & Partners	Oxley	0.375	0.43	Buy
01/08/20	DMG & Partners	Sheng Siong	1.26	1.39	Buy
01/08/20	DMG & Partners	ST Engineering	4.02	4.55	Buy
01/08/20	DMG & Partners	Unusual	0.285	0.42	Buy
01/08/20	CIMB	UOB	26.7	29.1	Add
01/08/20	DMG & Partners	UOB	26.7	29.5	Buy
01/08/20	DMG & Partners	Wilmar	4.29	4.75	Buy