| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/23/18 | phillip | First Reit | 1.42 | 1.32 | Neutral | DDM |
| 01/23/18 | OCBC | Frasers Commercial Trust | 1.55 | 1.51 | Hold | |
| 01/23/18 | DMG & Partners | Frasers Commercial Trust | 1.55 | 1.55 | Neutral | |
| 01/23/18 | DBS Vickers | Keppel Corp | 8.29 | 10.3 | Buy | Sum of parts, PB1.3x FY18 |
| 01/23/18 | OCBC | Keppel DC Reit | 1.47 | 1.51 | Hold | |
| 01/23/18 | Lim & Tan | Keppel DC Reit | 1.47 | 0 | Hold | |
| 01/23/18 | CIMB | Keppel DC Reit | 1.47 | 1.44 | Hold | |
| 01/23/18 | DBS Vickers | Keppel DC Reit | 1.47 | 1.6 | Buy | DCF |
| 01/23/18 | UOB Kay Hian | Keppel Infrastructure | 0.585 | 0.61 | Buy | |
| 01/23/18 | UOB Kay Hian | Mapletree Logistics | 1.35 | 1.41 | Hold | DDM |
| 01/23/18 | OCBC | Mapletree Logistics | 1.35 | 1.35 | Buy | |
| 01/23/18 | DBS Vickers | Mermaid Maritime | 0.155 | 0.14 | Hold | |
| 01/23/18 | DBS Vickers | PACC Offshore | 0.43 | 0.51 | Buy | PB1x |
| 01/23/18 | DBS Vickers | Sembcorp Industries | 3.38 | 4.5 | Buy | Sum of parts (10% discount), PB1.1x |
| 01/23/18 | UBS | Sembcorp Marine | 2.39 | 3.06 | Buy | |
| 01/23/18 | DBS Vickers | Sembcorp Marine | 2.39 | 3.1 | Buy | PB2.4x FY18 |
| 01/23/18 | Nomura | Thai Beverage | 0.92 | 1.13 | Buy | |
| 01/23/18 | DBS Vickers | Thai Beverage | 0.92 | 1.07 | Buy | |
| 01/23/18 | CIMB | Thai Beverage | 0.92 | 1 | Hold |
Tuesday, January 23, 2018
Stock calls for 23 January 2018
South Korea has removed anonymity in cryptocurrency.
https://finance.yahoo.com/news/south-korea-ban-cryptocurrency-traders-using-anonymous-bank-020713849--sector.html
Bitcoin prices are falling again because of the removal of anonymity in cryptocurrency prior to the G20 summit.
We did mention that the removal of anonymity would cause the bitcoin prices to fall.
http://sg-stock.blogspot.sg/2018/01/cryptocurrencies-have-crashed-but-have.html
Bitcoin prices are falling again because of the removal of anonymity in cryptocurrency prior to the G20 summit.
We did mention that the removal of anonymity would cause the bitcoin prices to fall.
http://sg-stock.blogspot.sg/2018/01/cryptocurrencies-have-crashed-but-have.html
Singapore has no future when we've ignorant MP in the parliament.
https://www.channelnewsasia.com/news/singapore/not-enough-awareness-in-singapore-about-rohingya-crisis-louis-ng-9885166
There is a reason why people are silent about the Rohingya crisis. Only ignorant people will make the most noise because these ignorant people do not understand historical feud.
We did state this previously in our posting below.
https://sg-stock.blogspot.sg/2018/01/the-world-is-silent-on-rohingya-because.html
If there is enough awareness, it will make the UK look so bad. Does SG want to badmouth the UK publicly? I don't think so.
There is a reason why people are silent about the Rohingya crisis. Only ignorant people will make the most noise because these ignorant people do not understand historical feud.
We did state this previously in our posting below.
https://sg-stock.blogspot.sg/2018/01/the-world-is-silent-on-rohingya-because.html
If there is enough awareness, it will make the UK look so bad. Does SG want to badmouth the UK publicly? I don't think so.
Monday, January 22, 2018
China has named the USA as the real threat to global trade!
https://sg.news.yahoo.com/china-says-united-states-real-threat-global-trade-090631527.html
We did state that the USA was the real threat previously in our posting below.
We're glad that China has labelled the USA as the real threat publicly now. We really need to stand up against the USA or else there won't be any peace in Asia.
http://sg-stock.blogspot.sg/2017/09/the-real-threat-to-global-trade.html
We did state that the USA was the real threat previously in our posting below.
We're glad that China has labelled the USA as the real threat publicly now. We really need to stand up against the USA or else there won't be any peace in Asia.
http://sg-stock.blogspot.sg/2017/09/the-real-threat-to-global-trade.html
It doesn't pay to be a samaritan in Singapore.
https://sg.news.yahoo.com/shanmugam-kidnap-scares-beware-spreading-untrue-stories-042558898.html
These 2 incidents show that being a Samaritan is not encouraged in Singapore. Please think twice when you try to do a good deed in Singapore because people will call POLICE to report you for being a Samaritan.
When you see someone gets drenched in the rain, do not offer your kind gesture or you will be reported to the police for harbouring malicious intention. Welcome to this new society now!
These 2 incidents show that being a Samaritan is not encouraged in Singapore. Please think twice when you try to do a good deed in Singapore because people will call POLICE to report you for being a Samaritan.
When you see someone gets drenched in the rain, do not offer your kind gesture or you will be reported to the police for harbouring malicious intention. Welcome to this new society now!
Keppel T&T - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/20/16 | CIMB | Keppel T&T | 1.41 | 1.74 | Add | Sum of parts (20% discount) |
| 04/15/16 | CIMB | Keppel T&T | 1.4 | 1.72 | Add | Sum of parts (20% discount) |
| 07/21/16 | CIMB | Keppel T&T | 1.42 | 1.83 | Add | Sum of parts (20% discount) |
| 09/21/16 | UOB Kay Hian | Keppel T&T | 1.685 | 2.28 | Buy | Sum of parts (10% discount) |
| 10/03/16 | UOB Kay Hian | Keppel T&T | 1.835 | 2.28 | Buy | |
| 10/20/16 | UOB Kay Hian | Keppel T&T | 1.8 | 2.36 | Buy | PER30x |
| 10/21/16 | CIMB | Keppel T&T | 1.77 | 1.77 | Hold | Sum of parts (20% discount) |
| 11/21/16 | UOB Kay Hian | Keppel T&T | 1.715 | 2.36 | Buy | |
| 12/05/16 | UOB Kay Hian | Keppel T&T | 1.66 | 2.36 | Buy | |
| 12/06/16 | UOB Kay Hian | Keppel T&T | 1.68 | 2.53 | Buy | Sum of parts (10% discount) |
| 01/03/17 | UOB Kay Hian | Keppel T&T | 1.715 | 2.53 | Buy | |
| 01/26/17 | CIMB | Keppel T&T | 1.765 | 1.7 | Hold | Sum of parts (20% discount) |
| 01/26/17 | UOB Kay Hian | Keppel T&T | 1.765 | 2.51 | Buy | Sum of parts |
| 03/21/17 | UOB Kay Hian | Keppel T&T | 1.75 | 2.51 | Buy | |
| 04/07/17 | Lim & Tan | Keppel T&T | 1.765 | 0 | Buy | |
| 04/19/17 | CIMB | Keppel T&T | 1.755 | 1.73 | Hold | Sum of parts (20% discount) |
| 04/19/17 | UOB Kay Hian | Keppel T&T | 1.755 | 2.51 | Buy | Sum of parts |
| 05/17/17 | UOB Kay Hian | Keppel T&T | 1.745 | 2.51 | Buy | Sum of parts |
| 09/08/17 | UOB Kay Hian | Keppel T&T | 1.5 | 1.9 | Buy | Sum of parts |
| 10/02/17 | UOB Kay Hian | Keppel T&T | 1.49 | 1.9 | Buy | Sum of parts |
Keppel Reit - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/05/16 | UOB Kay Hian | Keppel Reit | 0.935 | 1.22 | Buy | DDM |
| 01/08/16 | DBS Vickers | Keppel Reit | 0.92 | 1.12 | Buy | DCF |
| 01/14/16 | Kim Eng | Keppel Reit | 0.91 | 0.88 | Hold | Yield 7.25% |
| 01/18/16 | Lim & Tan | Keppel Reit | 0.895 | 0 | Hold | |
| 01/19/16 | CIMB | Keppel Reit | 0.88 | 1.08 | Add | DDM |
| 01/19/16 | Credit Suisse | Keppel Reit | 0.88 | 0.95 | Neutral | |
| 01/19/16 | DIR | Keppel Reit | 0.88 | 0.9 | Hold | DDM |
| 01/19/16 | DMG & Partners | Keppel Reit | 0.88 | 0.83 | Neutral | DDM |
| 01/20/16 | Jefferies | Keppel Reit | 0.9 | 1.25 | Buy | |
| 01/26/16 | Deutsche | Keppel Reit | 0.88 | 1 | Hold | |
| 02/25/16 | Deutsche | Keppel Reit | 0.92 | 1 | Hold | |
| 02/25/16 | JP Morgan | Keppel Reit | 0.92 | 0.85 | Underweight | |
| 02/29/16 | UOB Kay Hian | Keppel Reit | 0.935 | 1.22 | Buy | DDM |
| 03/07/16 | CIMB | Keppel Reit | 0.975 | 1.08 | Add | |
| 03/14/16 | DIR | Keppel Reit | 0.99 | 0.88 | Underperform | DDM |
| 03/17/16 | DMG & Partners | Keppel Reit | 0.995 | 0.83 | Neutral | DDM |
| 03/24/16 | Deutsche | Keppel Reit | 0.99 | 1 | Hold | |
| 03/28/16 | UOB Kay Hian | Keppel Reit | 1 | 1.22 | Buy | |
| 04/05/16 | Deutsche | Keppel Reit | 0.975 | 1 | Hold | |
| 04/13/16 | Kim Eng | Keppel Reit | 1 | 0.97 | Hold | Yield 6.75% |
| 04/15/16 | CIMB | Keppel Reit | 1.005 | 1.08 | Add | DDM |
| 04/15/16 | Credit Suisse | Keppel Reit | 1.005 | 0.95 | Neutral | |
| 04/15/16 | DBS Vickers | Keppel Reit | 1.005 | 1.11 | Buy | DCF |
| 04/15/16 | DIR | Keppel Reit | 1.005 | 0.88 | Underperform | DDM |
| 04/15/16 | DMG & Partners | Keppel Reit | 1.005 | 0.83 | Neutral | DDM |
| 04/15/16 | UOB Kay Hian | Keppel Reit | 1.005 | 1.22 | Buy | |
| 04/18/16 | Lim & Tan | Keppel Reit | 1.01 | 0 | Hold | |
| 05/03/16 | UOB Kay Hian | Keppel Reit | 1.05 | 1.22 | Buy | |
| 05/17/16 | CIMB | Keppel Reit | 1.04 | 1.08 | Add | |
| 05/17/16 | Deutsche | Keppel Reit | 1.04 | 1 | Hold | |
| 05/17/16 | Kim Eng | Keppel Reit | 1.04 | 0.97 | Hold | |
| 06/07/16 | Credit Suisse | Keppel Reit | 1.05 | 0.95 | Neutral | |
| 06/23/16 | JP Morgan | Keppel Reit | 1.045 | 0.95 | Underweight | |
| 06/23/16 | Kim Eng | Keppel Reit | 1.045 | 0.97 | Hold | |
| 07/04/16 | DMG & Partners | Keppel Reit | 1.05 | 0.83 | Neutral | |
| 07/08/16 | UOB Kay Hian | Keppel Reit | 1.07 | 1.22 | Buy | |
| 07/18/16 | UOB Kay Hian | Keppel Reit | 1.075 | 1.31 | Buy | DDM |
| 07/19/16 | Credit Suisse | Keppel Reit | 1.095 | 1 | Neutral | |
| 07/19/16 | JP Morgan | Keppel Reit | 1.095 | 1 | Underweight | |
| 07/20/16 | CIMB | Keppel Reit | 1.08 | 1.14 | Add | |
| 07/20/16 | DBS Vickers | Keppel Reit | 1.08 | 1.26 | Buy | |
| 07/20/16 | DIR | Keppel Reit | 1.08 | 0.92 | Underperform | DDM |
| 07/20/16 | Kim Eng | Keppel Reit | 1.08 | 1.05 | Hold | Yield 6.25% |
| 07/20/16 | Lim & Tan | Keppel Reit | 1.08 | 0 | Hold | |
| 07/26/16 | Deutsche | Keppel Reit | 1.07 | 1 | Hold | |
| 08/01/16 | UOB Kay Hian | Keppel Reit | 1.065 | 1.31 | Buy | |
| 08/16/16 | DBS Vickers | Keppel Reit | 1.06 | 1.26 | Buy | |
| 09/05/16 | DBS Vickers | Keppel Reit | 1.085 | 1.26 | Buy | |
| 09/07/16 | Credit Suisse | Keppel Reit | 1.135 | 1 | Neutral | |
| 09/09/16 | Kim Eng | Keppel Reit | 1.125 | 1.21 | Buy | |
| 10/14/16 | DIR | Keppel Reit | 1.115 | 0.92 | Underperform | |
| 10/19/16 | CIMB | Keppel Reit | 1.115 | 1.14 | Hold | DDM |
| 10/19/16 | DBS Vickers | Keppel Reit | 1.115 | 1.23 | Buy | DCF |
| 10/19/16 | DIR | Keppel Reit | 1.115 | 0.95 | Underperform | DDM |
| 10/19/16 | JP Morgan | Keppel Reit | 1.115 | 1.2 | Overweight | |
| 10/19/16 | Kim Eng | Keppel Reit | 1.115 | 1.21 | Buy | Yield 5.25% |
| 10/19/16 | UOB Kay Hian | Keppel Reit | 1.115 | 1.31 | Buy | DDM |
| 11/08/16 | DBS Vickers | Keppel Reit | 1.075 | 1.23 | Buy | |
| 11/16/16 | Deutsche | Keppel Reit | 1.025 | 1 | Hold | |
| 11/16/16 | JP Morgan | Keppel Reit | 1.025 | 1.15 | Overweight | |
| 11/18/16 | Kim Eng | Keppel Reit | 1.065 | 1.21 | Buy | |
| 12/05/16 | DMG & Partners | Keppel Reit | 1.05 | 0.99 | Neutral | |
| 12/06/16 | Kim Eng | Keppel Reit | 1.06 | 1.21 | Buy | |
| 12/07/16 | Deutsche | Keppel Reit | 1.05 | 1 | Hold | |
| 12/09/16 | UOB Kay Hian | Keppel Reit | 1.05 | 1.21 | Buy | |
| 12/12/16 | JP Morgan | Keppel Reit | 1.055 | 1.15 | Overweight | |
| 01/09/17 | DBS Vickers | Keppel Reit | 1.05 | 1.23 | Buy | DCF |
| 01/09/17 | Morgan Stanley | Keppel Reit | 1.05 | 0.9 | Underweight | |
| 01/11/17 | Kim Eng | Keppel Reit | 1.055 | 1.21 | Buy | |
| 01/25/17 | CIMB | Keppel Reit | 1.045 | 1.03 | Hold | DDM |
| 01/25/17 | Credit Suisse | Keppel Reit | 1.045 | 0.97 | Neutral | |
| 01/25/17 | DIR | Keppel Reit | 1.045 | 0.95 | Underperform | DDM |
| 01/25/17 | DMG & Partners | Keppel Reit | 1.045 | 0.99 | Neutral | DDM |
| 01/25/17 | Kim Eng | Keppel Reit | 1.045 | 1.18 | Buy | |
| 01/25/17 | Religare | Keppel Reit | 1.045 | 1.02 | Hold | |
| 01/25/17 | UOB Kay Hian | Keppel Reit | 1.045 | 1.21 | Buy | DDM |
| 02/07/17 | DIR | Keppel Reit | 1.19 | 0.92 | Underperform | DDM |
| 02/09/17 | Credit Suisse | Keppel Reit | 1.02 | 1 | Neutral | |
| 02/17/17 | JP Morgan | Keppel Reit | 1.015 | 1.15 | Overweight | |
| 02/28/17 | Deutsche | Keppel Reit | 1.025 | 1 | Hold | |
| 03/07/17 | UOB Kay Hian | Keppel Reit | 1.02 | 1.21 | Buy | |
| 03/10/17 | DMG & Partners | Keppel Reit | 1.01 | 0.99 | Neutral | |
| 03/17/17 | DBS Vickers | Keppel Reit | 1.015 | 1.23 | Buy | |
| 04/07/17 | DMG & Partners | Keppel Reit | 1.055 | 0.99 | Neutral | DDM |
| 04/11/17 | UOB Kay Hian | Keppel Reit | 1.055 | 1.21 | Buy | |
| 04/18/17 | DIR | Keppel Reit | 1.055 | 0.92 | Underperform | DDM |
| 04/18/17 | Kim Eng | Keppel Reit | 1.055 | 1.18 | Buy | Yield 5.25% |
| 04/20/17 | CIMB | Keppel Reit | 1.07 | 1.09 | Hold | DDM |
| 04/21/17 | DIR | Keppel Reit | 1.05 | 0.94 | Underperform | DDM |
| 05/18/17 | DBS Vickers | Keppel Reit | 1.065 | 1.23 | Buy | |
| 05/18/17 | Deutsche | Keppel Reit | 1.065 | 1.1 | Hold | |
| 05/25/17 | UOB Kay Hian | Keppel Reit | 1.095 | 1.3 | Buy | |
| 06/12/17 | DBS Vickers | Keppel Reit | 1.14 | 1.23 | Buy | |
| 06/22/17 | Deutsche | Keppel Reit | 1.145 | 1.1 | Hold | |
| 06/22/17 | OCBC | Keppel Reit | 1.145 | 1.23 | Buy | |
| 07/03/17 | DIR | Keppel Reit | 1.145 | 0.98 | Underperform | DDM |
| 07/11/17 | Kim Eng | Keppel Reit | 1.15 | 1.18 | Buy | |
| 07/12/17 | DMG & Partners | Keppel Reit | 1.16 | 0.99 | Neutral | |
| 07/19/17 | UOB Kay Hian | Keppel Reit | 1.17 | 1.3 | Buy | DDM |
| 07/19/17 | DMG & Partners | Keppel Reit | 1.17 | 1.05 | Neutral | DDM |
| 07/19/17 | Credit Suisse | Keppel Reit | 1.17 | 0.97 | Underperform | |
| 07/19/17 | CIMB | Keppel Reit | 1.17 | 1.16 | Hold | DDM |
| 07/19/17 | Kim Eng | Keppel Reit | 1.17 | 1.18 | Hold | |
| 07/19/17 | DBS Vickers | Keppel Reit | 1.17 | 1.23 | Buy | DCF |
| 08/01/17 | DBS Vickers | Keppel Reit | 1.16 | 1.23 | Buy | |
| 09/21/17 | DMG & Partners | Keppel Reit | 1.175 | 1.05 | Neutral | |
| 09/25/17 | Kim Eng | Keppel Reit | 1.165 | 1.18 | Hold | |
| 10/19/17 | DMG & Partners | Keppel Reit | 1.195 | 1.05 | Neutral | |
| 10/19/17 | DBS Vickers | Keppel Reit | 1.195 | 1.28 | Buy | DCF |
| 10/19/17 | DIR | Keppel Reit | 1.195 | 0.98 | Underperform | DDM |
| 10/19/17 | UOB Kay Hian | Keppel Reit | 1.195 | 1.3 | Buy | DDM |
| 10/19/17 | CIMB | Keppel Reit | 1.195 | 1.2 | Hold | DDM |
| 11/03/17 | Morgan Stanley | Keppel Reit | 1.175 | 0.95 | Underweight | Target Yield 6.5% |
| 11/28/17 | Macquarie | Keppel Reit | 1.25 | 1.3 | Outperform | |
| 12/01/17 | UOB Kay Hian | Keppel Reit | 1.26 | 1.43 | Buy | |
| 12/18/17 | DBS Vickers | Keppel Reit | 1.25 | 1.39 | Buy | |
| 12/18/17 | Kim Eng | Keppel Reit | 1.25 | 1.19 | Hold | Target yield 5.25%, Up from $1.16 |
| 01/04/18 | Deutsche | Keppel Reit | 1.27 | 1.25 | Hold | |
| 01/05/18 | DMG & Partners | Keppel Reit | 1.27 | 1.05 | Neutral |
Keppel KBS - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/15/18 | DBS Vickers | Keppel KBS | 0.905 | 0.95 | Buy | DCF |
Stock calls for 22 January 2018
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/22/18 | DMG & Partners | Cache Logistics | 0.88 | 0.96 | Buy | DDM |
| 01/22/18 | phillip | Cache Logistics | 0.88 | 0.92 | Accumulate | DDM |
| 01/22/18 | DBS Vickers | Cache Logistics | 0.88 | 0.9 | Hold | |
| 01/22/18 | OCBC | Cache Logistics | 0.88 | 0.81 | Hold | |
| 01/22/18 | CIMB | China Sunsine | 1.04 | 1.5 | Add | PER9.8x CY19 |
| 01/22/18 | OCBC | Keppel Corp | 8.25 | 9.32 | Buy | |
| 01/22/18 | OCBC | Sembcorp Marine | 2.3 | 2.37 | Hold | PB2x FY18 |
| 01/22/18 | DMG & Partners | SGX | 7.98 | 9 | Buy | PER24x FY19 |
| 01/22/18 | Kim Eng | SGX | 7.98 | 8.82 | Buy | PER23x FY19 |
| 01/22/18 | DBS Vickers | SGX | 7.98 | 8.9 | Buy | DDM, PER21x FY19 |
| 01/22/18 | OCBC | SGX | 7.98 | 8.16 | Hold | PER24x FY18 |
| 01/22/18 | CIMB | SGX | 7.98 | 8.5 | Add | PER24x FY19 |
| 01/22/18 | phillip | SGX | 7.98 | 9 | Accumulate | DCF |
| 01/22/18 | Lim & Tan | ST Engineering | 3.32 | 0 | Buy |
Can China save Noble Group after the failure of Abu Dhabi?
https://www.theedgesingapore.com/chinese-conglomerate-interested-buying-noble-group
We're unsure whether this Chinese conglomerate will buy Noble Group because the commodity industry is still in a doldrum. Therefore, the Chinese will definitely demand a heavy discount for the takeover.
https://sg-stock.blogspot.sg/2018/01/nobles-future-is-getting-from-bad-to.html
Even the previous white knight, Goldilocks, cannot save Noble Group. Is Goldilocks willing to take a substantial haircut to sell Noble Group to the Chinese conglomerate?
https://sg-stock.blogspot.sg/2017/07/noble-group-update.html
We're unsure whether this Chinese conglomerate will buy Noble Group because the commodity industry is still in a doldrum. Therefore, the Chinese will definitely demand a heavy discount for the takeover.
https://sg-stock.blogspot.sg/2018/01/nobles-future-is-getting-from-bad-to.html
Even the previous white knight, Goldilocks, cannot save Noble Group. Is Goldilocks willing to take a substantial haircut to sell Noble Group to the Chinese conglomerate?
https://sg-stock.blogspot.sg/2017/07/noble-group-update.html
Saturday, January 20, 2018
The US government has shut down on Friday!
https://sg.news.yahoo.com/ap-explains-why-government-close-shutdown-233759096--politics.html
The federal government has no money to pay its government employees anymore. Therefore, it is shutting down its offices, leaving the essential services still operating with limited manpower.
On the other hand, Trump is reducing the tax revenues despite running out of money to please his supporters. Trump's tax policies will add USD$1.5T to the national debt within a decade.
When a government has no money from its coffer to pay its employees, do you think it has the money to repay its national debts? There is no way the USA is able to repay its national debt of more than USD$20T but no media will report this publicly. The day of reckoning will come as it is just a matter of time.
Instead of focusing on increasing its government coffer, the US government is diverting the attention away from its debt problem to China by getting the media to do fearmongering and smearing campaign against China, be it militarily or economically. China's crash story has been spinning around for more than a decade but China has not collapsed yet and its economic growth has been around 7% insofar.
With an ever-increasing colossal debt and economic growth of around 3%, the USA economic health is definitely declining. There will come a time when the death cross appears on the chart.
The federal government has no money to pay its government employees anymore. Therefore, it is shutting down its offices, leaving the essential services still operating with limited manpower.
On the other hand, Trump is reducing the tax revenues despite running out of money to please his supporters. Trump's tax policies will add USD$1.5T to the national debt within a decade.
When a government has no money from its coffer to pay its employees, do you think it has the money to repay its national debts? There is no way the USA is able to repay its national debt of more than USD$20T but no media will report this publicly. The day of reckoning will come as it is just a matter of time.
Instead of focusing on increasing its government coffer, the US government is diverting the attention away from its debt problem to China by getting the media to do fearmongering and smearing campaign against China, be it militarily or economically. China's crash story has been spinning around for more than a decade but China has not collapsed yet and its economic growth has been around 7% insofar.
With an ever-increasing colossal debt and economic growth of around 3%, the USA economic health is definitely declining. There will come a time when the death cross appears on the chart.
Baltic dry index -1125
Today, Friday, January 19 2018, the Baltic Dry Index decreased by 14 points, reaching 1125 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 stocks: Sembcorp Marine, Cosco & Pan Ocean
US rig count - 936
HOUSTON (AP) - The number of rigs exploring for oil and natural gas in the U.S. decreased by three this week to 936.
That exceeds the 694 rigs that were active this time a year ago.
Houston oilfield services company Baker Hughes reported on Friday that 747 rigs were drilling for oil and 189 for natural gas this week.
Among oil- and gas-producing states, Wyoming gained three rigs, West Virginia increased by two and Louisiana, New Mexico, Pennsylvania and Texas each gained one.
Colorado and Ohio each lost four rigs and Alaska, North Dakota and Utah each decreased by one.
Arkansas, California and Oklahoma were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May of 2016 at 404.
========================
Related stocks: Keppel Corp, Sembcorp Marine, Cosco
Friday, January 19, 2018
Keppel Infrastructure - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/19/16 | DBS Vickers | Keppel Infrastructure | 0.475 | 0.55 | Hold | |
| 04/14/16 | Credit Suisse | Keppel Infrastructure | 0.505 | 0.57 | Outperform | |
| 04/14/16 | DBS Vickers | Keppel Infrastructure | 0.505 | 0.56 | Buy | |
| 04/14/16 | UOB Kay Hian | Keppel Infrastructure | 0.505 | 0.55 | Hold | DCF, Buy @ $0.48 |
| 07/19/16 | Credit Suisse | Keppel Infrastructure | 0.51 | 0.57 | Outperform | |
| 10/18/16 | DBS Vickers | Keppel Infrastructure | 0.505 | 0.56 | Buy | DCF |
| 10/18/16 | UOB Kay Hian | Keppel Infrastructure | 0.505 | 0.55 | Hold | DCF |
| 01/24/17 | DBS Vickers | Keppel Infrastructure | 0.495 | 0.56 | Buy | DCF |
| 01/24/17 | UOB Kay Hian | Keppel Infrastructure | 0.495 | 0.54 | Hold | Buy below $0.475 |
| 04/07/17 | Credit Suisse | Keppel Infrastructure | 0.525 | 0.57 | Outperform | |
| 04/18/17 | DBS Vickers | Keppel Infrastructure | 0.53 | 0.56 | Buy | DCF |
| 07/19/17 | Credit Suisse | Keppel Infrastructure | 0.565 | 0.57 | Neutral | |
| 07/19/17 | DBS Vickers | Keppel Infrastructure | 0.565 | 0.6 | Buy | DDM |
| 10/17/17 | DBS Vickers | Keppel Infrastructure | 0.55 | 0.6 | Buy | DDM |
Keppel DC Reit - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/08/16 | DBS Vickers | Keppel DC Reit | 1.01 | 1.14 | Buy | DCF |
| 01/08/16 | Phillip | Keppel DC Reit | 1.01 | 1.13 | Accumulate | DDM |
| 01/15/16 | Credit Suisse | Keppel DC Reit | 1.01 | 1.13 | Outperform | |
| 01/15/16 | Lim & Tan | Keppel DC Reit | 1.01 | 0 | Hold | |
| 01/15/16 | OCBC | Keppel DC Reit | 1.01 | 1.24 | Buy | |
| 01/22/16 | CIMB | Keppel DC Reit | 0.98 | 1.18 | Add | DDM |
| 01/26/16 | Deutsche | Keppel DC Reit | 0.96 | 1.15 | Buy | |
| 03/07/16 | CIMB | Keppel DC Reit | 1.06 | 1.18 | Add | DDM |
| 03/24/16 | Deutsche | Keppel DC Reit | 1.075 | 1.15 | Buy | |
| 04/05/16 | Deutsche | Keppel DC Reit | 1.045 | 1.15 | Buy | |
| 04/13/16 | Kim Eng | Keppel DC Reit | 1.055 | 1.14 | Not Rated | |
| 04/14/16 | CIMB | Keppel DC Reit | 1.065 | 1.18 | Add | DDM |
| 04/14/16 | DBS Vickers | Keppel DC Reit | 1.065 | 1.14 | Buy | DCF |
| 04/14/16 | Lim & Tan | Keppel DC Reit | 1.065 | 0 | Hold | |
| 04/14/16 | OCBC | Keppel DC Reit | 1.065 | 1.24 | Buy | |
| 04/14/16 | Phillip | Keppel DC Reit | 1.065 | 1.13 | Accumulate | DDM |
| 04/15/16 | Credit Suisse | Keppel DC Reit | 1.07 | 1.13 | Outperform | |
| 05/17/16 | CIMB | Keppel DC Reit | 1.075 | 1.18 | Add | |
| 05/17/16 | Deutsche | Keppel DC Reit | 1.075 | 1.15 | Buy | |
| 06/20/16 | Deutsche | Keppel DC Reit | 1.075 | 1.15 | Buy | |
| 06/20/16 | JP Morgan | Keppel DC Reit | 1.075 | 1.15 | Overweight | |
| 06/22/16 | OCBC | Keppel DC Reit | 1.085 | 1.24 | Buy | |
| 07/08/16 | Phillip | Keppel DC Reit | 1.165 | 1.13 | Neutral | DDM |
| 07/19/16 | CIMB | Keppel DC Reit | 1.17 | 1.27 | Add | PB1.4x |
| 07/19/16 | Credit Suisse | Keppel DC Reit | 1.17 | 1.23 | Outperform | |
| 07/19/16 | DBS Vickers | Keppel DC Reit | 1.17 | 1.22 | Buy | |
| 07/19/16 | JP Morgan | Keppel DC Reit | 1.17 | 1.2 | Overweight | |
| 07/19/16 | Lim & Tan | Keppel DC Reit | 1.17 | 0 | Hold | |
| 07/19/16 | OCBC | Keppel DC Reit | 1.17 | 1.27 | Buy | |
| 07/26/16 | Deutsche | Keppel DC Reit | 1.17 | 1.15 | Buy | |
| 08/04/16 | CIMB | Keppel DC Reit | 1.19 | 1.27 | Add | DDM |
| 08/12/16 | OCBC | Keppel DC Reit | 1.205 | 1.27 | Buy | |
| 08/15/16 | CIMB | Keppel DC Reit | 1.185 | 1.29 | Add | DDM |
| 08/15/16 | OCBC | Keppel DC Reit | 1.185 | 1.3 | Buy | |
| 08/16/16 | DBS Vickers | Keppel DC Reit | 1.195 | 1.22 | Buy | |
| 08/18/16 | Phillip | Keppel DC Reit | 1.19 | 1.26 | Accumulate | DDM |
| 08/31/16 | Credit Suisse | Keppel DC Reit | 1.2 | 1.23 | Outperform | |
| 09/02/16 | Lim & Tan | Keppel DC Reit | 1.205 | 0 | Hold | |
| 09/06/16 | CIMB | Keppel DC Reit | 1.195 | 1.29 | Add | |
| 10/12/16 | Phillip | Keppel DC Reit | 1.225 | 1.29 | Accumulate | DDM |
| 10/18/16 | CIMB | Keppel DC Reit | 1.225 | 1.33 | Add | DDM |
| 10/18/16 | JP Morgan | Keppel DC Reit | 1.225 | 1.25 | Overweight | |
| 10/18/16 | Lim & Tan | Keppel DC Reit | 1.225 | 0 | Buy on weakness | |
| 10/18/16 | OCBC | Keppel DC Reit | 1.225 | 1.35 | Buy | |
| 10/18/16 | Phillip | Keppel DC Reit | 1.225 | 1.26 | Accumulate | DDM |
| 11/01/16 | Credit Suisse | Keppel DC Reit | 1.245 | 1.31 | Outperform | |
| 11/04/16 | CIMB | Keppel DC Reit | 1.24 | 1.33 | Add | |
| 11/08/16 | OCBC | Keppel DC Reit | 1.215 | 1.35 | Buy | |
| 11/11/16 | Phillip | Keppel DC Reit | 1.21 | 1.26 | Accumulate | |
| 11/16/16 | Deutsche | Keppel DC Reit | 1.165 | 1.3 | Buy | |
| 11/16/16 | JP Morgan | Keppel DC Reit | 1.165 | 1.2 | Overweight | |
| 11/29/16 | DBS Vickers | Keppel DC Reit | 1.21 | 1.33 | Buy | DCF |
| 12/07/16 | CIMB | Keppel DC Reit | 1.225 | 1.22 | Hold | |
| 12/07/16 | Deutsche | Keppel DC Reit | 1.225 | 1.3 | Buy | |
| 12/07/16 | OCBC | Keppel DC Reit | 1.225 | 1.35 | Buy | |
| 01/09/17 | CIMB | Keppel DC Reit | 1.23 | 1.18 | Hold | DDM |
| 01/09/17 | DBS Vickers | Keppel DC Reit | 1.23 | 1.33 | Buy | DCF |
| 01/24/17 | CIMB | Keppel DC Reit | 1.215 | 1.21 | Hold | DDM |
| 01/24/17 | Lim & Tan | Keppel DC Reit | 1.215 | 0 | Hold | |
| 01/24/17 | OCBC | Keppel DC Reit | 1.215 | 1.39 | Buy | |
| 01/25/17 | Credit Suisse | Keppel DC Reit | 1.205 | 1.31 | Outperform | |
| 01/25/17 | DBS Vickers | Keppel DC Reit | 1.205 | 1.3 | Buy | DCF |
| 01/25/17 | Phillip | Keppel DC Reit | 1.205 | 1.15 | Hold | DDM, PB1.21x FY17 |
| 02/17/17 | JP Morgan | Keppel DC Reit | 1.165 | 1.25 | Overweight | |
| 02/20/17 | Phillip | Keppel DC Reit | 1.175 | 1.15 | Neutral | |
| 02/28/17 | Deutsche | Keppel DC Reit | 1.165 | 1.2 | Hold | |
| 03/01/17 | CIMB | Keppel DC Reit | 1.18 | 1.21 | Add | DDM |
| 03/06/17 | OCBC | Keppel DC Reit | 1.165 | 1.39 | Buy | |
| 03/17/17 | DBS Vickers | Keppel DC Reit | 1.195 | 1.3 | Buy | |
| 04/03/17 | OCBC | Keppel DC Reit | 1.2 | 1.39 | Buy | |
| 04/07/17 | Lim & Tan | Keppel DC Reit | 1.215 | 0 | Buy | |
| 04/18/17 | CIMB | Keppel DC Reit | 1.225 | 1.26 | Add | DDM |
| 04/18/17 | Credit Suisse | Keppel DC Reit | 1.225 | 1.31 | Outperform | |
| 04/18/17 | Lim & Tan | Keppel DC Reit | 1.225 | 0 | Hold | |
| 04/18/17 | Phillip | Keppel DC Reit | 1.225 | 1.15 | Neutral | DDM |
| 05/08/17 | Phillip | Keppel DC Reit | 1.24 | 1.15 | Neutral | |
| 05/18/17 | DBS Vickers | Keppel DC Reit | 1.23 | 1.3 | Buy | |
| 05/29/17 | OCBC | Keppel DC Reit | 1.28 | 1.39 | Buy | |
| 06/22/17 | Deutsche | Keppel DC Reit | 1.26 | 1.2 | Hold | |
| 07/18/17 | Phillip | Keppel DC Reit | 1.32 | 1.28 | Hold | DDM, PB1.35x FY17 |
| 07/18/17 | Credit Suisse | Keppel DC Reit | 1.32 | 1.47 | Outperform | |
| 07/18/17 | OCBC | Keppel DC Reit | 1.32 | 1.39 | Buy | DDM |
| 07/18/17 | CIMB | Keppel DC Reit | 1.32 | 1.28 | Hold | DDM |
| 07/19/17 | DBS Vickers | Keppel DC Reit | 1.33 | 1.4 | Buy | |
| 08/18/17 | Phillip | Keppel DC Reit | 1.275 | 1.28 | Neutral | DDM, PB1.35x FY17 |
| 08/22/17 | OCBC | Keppel DC Reit | 1.285 | 1.39 | Buy | |
| 09/04/17 | CIMB | Keppel DC Reit | 1.285 | 1.28 | Hold | |
| 09/13/17 | DBS Vickers | Keppel DC Reit | 1.295 | 1.44 | Buy | |
| 09/14/17 | Phillip | Keppel DC Reit | 1.29 | 1.31 | Neutral | DDM, PB1.37x FY17 |
| 09/14/17 | Lim & Tan | Keppel DC Reit | 1.29 | 0 | Hold | |
| 09/26/17 | CIMB | Keppel DC Reit | 1.305 | 1.36 | Add | |
| 10/17/17 | Phillip | Keppel DC Reit | 1.35 | 1.36 | Neutral | DDM, PB1.42x FY17 |
| 10/17/17 | OCBC | Keppel DC Reit | 1.35 | 1.39 | Buy | |
| 10/17/17 | Lim & Tan | Keppel DC Reit | 1.35 | 0 | Hold | |
| 10/17/17 | CIMB | Keppel DC Reit | 1.35 | 1.37 | Hold | |
| 10/19/17 | DBS Vickers | Keppel DC Reit | 1.345 | 1.44 | Buy | DCF |
| 11/20/17 | OCBC | Keppel DC Reit | 1.4 | 1.5 | Buy | PB1.47x FY18 |
Stock calls for 19 January 2018
| Date | Analyst | Company | Last | Target | Call | Percent | Valuation |
| 01/19/18 | UOB Kay Hian | A-Reit | 2.77 | 3.05 | Buy | 10.11 | |
| 01/19/18 | Kim Eng | A-Reit | 2.77 | 3 | Buy | 8.30 | |
| 01/19/18 | Kim Eng | Cache Logistics | 0.875 | 0.9 | Hold | 2.86 | DDM |
| 01/19/18 | CIMB | Cache Logistics | 0.875 | 0.85 | Hold | -2.86 | DDM |
| 01/19/18 | UOB Kay Hian | CapitaCommercial | 1.92 | 2.09 | Buy | 8.85 | |
| 01/19/18 | CIMB | Comfortdelgro | 2.01 | 2.15 | Hold | 6.97 | |
| 01/19/18 | CIMB | First Reit | 1.41 | 1.44 | Hold | 2.13 | DDM |
| 01/19/18 | OCBC | First Reit | 1.41 | 1.48 | Buy | 4.96 | |
| 01/19/18 | DBS Vickers | Frasers Commercial Trust | 1.51 | 1.71 | Buy | 13.25 | DCF |
| 01/19/18 | Kim Eng | Mapletree Industrial | 2.11 | 2.1 | Buy | -0.47 | |
| 01/19/18 | DBS Vickers | Soilbuild Reit | 0.7 | 0.62 | Hold | -11.43 | DCF |
| 01/19/18 | Lim & Tan | Soilbuild Reit | 0.7 | 0 | Hold | -100.00 | |
| 01/19/18 | Lim & Tan | Venture | 23.15 | 0 | Buy | -100.00 | |
| 01/19/18 | UOB Kay Hian | Wing Tai | 2.34 | 2.78 | Buy | 18.80 |
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