Riverstone - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/09/23	Lim & Tan	Riverstone	0.585	0.63	Hold
11/07/23	CIMB	Riverstone	0.615	0.75	Add	PER14.5x FY25
12/12/23	CIMB	Riverstone	0.61	0.75	Add
12/12/23	DMG & Partners	Riverstone	0.61	0.74	Buy
01/22/24	CIMB	Riverstone	0.65	0.88	Add
01/26/24	UOB Kay Hian	Riverstone	0.67	0.82	Buy	PER17.3x FY24
03/01/24	UOB Kay Hian	Riverstone	0.675	0.88	Buy	PER17.6x FY24
03/21/24	DMG & Partners	Riverstone	0.765	0.93	Buy	DCF, PER18x FY24
04/03/24	UOB Kay Hian	Riverstone	0.815	0.88	Buy	PER17.6x FY24
04/15/24	DMG & Partners	Riverstone	0.76	0.93	Buy
05/03/24	UOB Kay Hian	Riverstone	0.79	0.88	Buy	PER17.6x FY24
05/10/24	DMG & Partners	Riverstone	0.775	0.93	Buy	DCF
05/13/24	UOB Kay Hian	Riverstone	0.885	1	Buy	PER18x FY25
05/13/24	DMG & Partners	Riverstone	0.885	1.05	Buy	DCF
05/16/24	UOB Kay Hian	Riverstone	0.93	1.12	Buy	PER20x FY25

RH Petrogas - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/08/23	UOB Kay Hian	RH Petrogas	0.187	0.255	Buy
07/25/23	UOB Kay Hian	RH Petrogas	0.205	0.25	Buy	Sum of parts
08/24/23	UOB Kay Hian	RH Petrogas	0.185	0.238	Buy	Sum of parts
03/25/24	UOB Kay Hian	RH Petrogas	0.16	0.242	Buy	Sum of parts
05/14/24	UOB Kay Hian	RH Petrogas	0.164	0.242	Buy	Sum of parts

Rex - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/14/23	UOB Kay Hian	Rex	0.164	0.1	Sell	PB0.5x
07/25/23	UOB Kay Hian	Rex	0.18	0.1	Sell
08/28/23	UOB Kay Hian	Rex	0.153	0.1	Sell
11/27/23	UOB Kay Hian	Rex	0.17	0.1	Sell	PB0.5x
03/12/24	UOB Kay Hian	Rex	0.132	0.08	Sell	PB1x

Stock calls for 10 June 2024

Date	Analyst	Company	Last	Target	Call	Valuation
06/10/24	DBS Vickers	APAC Realty	0.4	0.48	Hold	PER11x
06/10/24	DMG & Partners	ESR-Reit	0.285	0.35	Buy	DDM
06/10/24	phillip	Oiltek	0.365	0.7	Buy
06/10/24	Lim & Tan	Seatrium	1.7	2.83	Accumulate
06/10/24	Citi Research	SGX	9.67	10.7	Buy	DDM
06/10/24	UOB Kay Hian	Yangzijiang Shipping	2.41	2.86	Buy

Baltic dry index - 1881

Related stock: Seatrium, Cosco & Pan Ocean.

US rig count (weekly) - 594

 Related stock: Seatrium & Cosco.

Former foreign minister George Yeo stated that Taiwan and the islands in South China Sea belonged to China in his recent public speech.

Singapore former foreign minister, George Yeo, had stated very clearly in his recent public speech that Taiwan and the islands in South China Sea belonged to China.

We've also stated in our previous post that China was the rightful owner of the islands and reefs in South China Sea.

https://sg-stock.blogspot.com/2023/11/philippines-president-marcos-created.html

RE&S - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/20/24	Lim & Tan	RE&S	0.265	0.36	Vote For	Offer price