Stock calls for 23 March 2022

Date	Analyst	Company	Last	Target	Call	Valuation
03/23/22	CIMB	AEM	4.51	6.85	Add
03/23/22	Lim & Tan	Capitaland Investment	3.89	4.19	Accumulate
03/23/22	CIMB	Grand Venture	0.98	1.6	Add
03/23/22	CIMB	Lendlease Reit	0.795	0.95	Add	DDM
03/23/22	OCBC	Mapletree Commercial	1.87	2.04	Buy
03/23/22	DBS Vickers	Medtecs	0.24	0.225	Hold	DCF
03/23/22	DBS Vickers	Sembcorp Marine	0.093	0.09	Hold

The hard truth: Russia is not wrong to invade Ukraine. - Part 5

 

Ukraine is losing support as more people understand the truth.  This British guy had shown his in-depth knowledge on TV.

The truth:

http://sg-stock.blogspot.com/2022/03/the-hard-truth-russia-is-not-wrong-to.html

Golden Agri - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/26/21	CIMB	Golden Agri	0.193	0.2	Hold
03/04/21	CIMB	Golden Agri	0.192	0.199	Hold
03/04/21	DMG & Partners	Golden Agri	0.192	0.25	Trading Buy
03/04/21	OCBC	Golden Agri	0.192	0.21	Hold
05/04/21	DMG & Partners	Golden Agri	0.25	0.3	Trading Buy
05/14/21	CIMB	Golden Agri	0.275	0.25	Reduce	Sum of parts
07/30/21	DMG & Partners	Golden Agri	0.235	0.22	Neutral
08/17/21	CIMB	Golden Agri	0.24	0.25	Hold
08/17/21	DMG & Partners	Golden Agri	0.24	0.24	Neutral
11/10/21	DMG & Partners	Golden Agri	0.27	0.24	Neutral
11/15/21	UOB Kay Hian	Golden Agri	0.27	0.18	Sell
11/15/21	CIMB	Golden Agri	0.27	0.281	Hold
11/15/21	DMG & Partners	Golden Agri	0.27	0.25	Neutral
01/11/22	DMG & Partners	Golden Agri	0.245	0.24	Neutral
02/28/22	DMG & Partners	Golden Agri	0.29	0.26	Neutral
03/03/22	DMG & Partners	Golden Agri	0.305	0.315	Neutral
03/03/22	Lim & Tan	Golden Agri	0.305	0	Accumulate
03/14/22	DMG & Partners	Golden Agri	0.3	0.31	Neutral

GL Ltd - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/14/21	Lim & Tan	GL Ltd	0.56	0	Hold
03/16/21	Lim & Tan	GL Ltd	0.8	1.16	Accept Offer	Offer $0.80

GKE - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/07/21	CIMB	GKE	0.138	0.18	Add	Sum of parts
01/15/21	CIMB	GKE	0.138	0.184	Add	Sum of parts
06/08/21	SAC Capital	GKE	0.134	0.163	Buy
07/08/21	CIMB	GKE	0.145	0.21	Add	PER10.3x CY22
08/05/21	SAC Capital	GKE	0.146	0.171	Buy
08/05/21	CIMB	GKE	0.146	0.21	Add
01/19/22	CIMB	GKE	0.116	0.16	Add	Sum of parts, PER11.7x CY22
01/26/22	SAC Capital	GKE	0.11	0.123	Hold	Sum of parts, PER13.5x FY22

Stock calls for 22 March 2022

Date	Analyst	Company	Last	Target	Call	Valuation
03/22/22	Lim & Tan	Broadway	0.2	0	Accumulate
03/22/22	DBS Vickers	Bumitama	0.74	1	Buy	DCF
03/22/22	Lim & Tan	Capitaland Integrated Commercial Trust	2.23	2.41	Accumulate
03/22/22	DMG & Partners	ESR-Reit	0.42	0.53	Buy	DDM
03/22/22	DBS Vickers	First Resources	2.01	2.5	Buy	DCF
03/22/22	CIMB	Mapletree Commercial	1.9	2.18	Add	DDM
03/22/22	CIMB	SGX	9.8	10.4	Add

Goldman Sachs (GS) concurs with our analysis and projects 2 aggressive 50bp hikes in May and June.

https://finance.yahoo.com/news/1-goldman-sees-fed-hiking-063104499.html

We had stated that the US FED would likely hike rates aggressively in the 1st half of 2022 so that it won't affect the mid-term election in November 2022.  GS has just projected that the US will do two 50bp hikes in May and June 2022.  The GS projections are in sync with our analysis below.

https://sg-stock.blogspot.com/2022/03/what-will-us-fed-do-for-its-march-2022_17.html