Vertex Tech - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
11/20/23	phillip	Vertex Tech	4.95	0	Fully Redeemed

Stock calls for 26 January 2024

Date	Analyst	Company	Last	Target	Call	Valuation
01/26/24	Citi Research	Genting	0.975	1.2	Buy
01/26/24	Amfrasers	Geo Energy	0.335	0.8	outperform	DCF
01/26/24	DMG & Partners	HRnetGroup	0.715	0.91	Buy
01/26/24	Lim & Tan	Keppel DC Reit	1.8	2.11	Accumulate
01/26/24	DBS Vickers	Mapletree Industrial	2.44	2.6	Buy
01/26/24	UOB Kay Hian	Riverstone	0.67	0.82	Buy	PER17.3x FY24
01/26/24	DBS Vickers	Singtel	2.4	3.39	Buy

US GDP grew 3.3% in Q4 2023 and 2.5% for the year 2023.

Let's break up the GDP Q4 2023 for a simple analysis.

Q4GDP Growth = G + I + C + Net Exports (NE)

Q4GDP Growth (3.3) = 0.56 (G)+0.38 (I)+1.91 (C)+0.43 (NE) = 3.28(3.3)

Q3GDP Growth (4.9) = 0.79 (G)+1.47 (I)+2.69 (C)+-0.08 (NE) = 4.87(4.9)

We can see that consumption (C) is the major contributor to the US GDP growth in Q4 2023.  However, 3 of Q4 GDP components had performed worse than Q3 GDP growth except for net exports.

The 2023 full year GDP growth: 2.5%

As stated in our post below, the US GDP growth won't exceed 2.5% in 2023.

https://sg-stock.blogspot.com/2023/09/3-important-economic-statistics-for.html

Valuetronics - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/31/23	Lim & Tan	Valuetronics	0.54	0	Hold
06/09/23	UOB Kay Hian	Valuetronics	0.545	0.56	Hold	PER10.2x FY23
06/30/23	Lim & Tan	Valuetronics	0.545	0.56	Hold
09/22/23	phillip	Valuetronics	0.525	0.61	Buy	PER11x FY24
11/14/23	phillip	Valuetronics	0.545	0.7	Buy	PER11x
11/16/23	UOB Kay Hian	Valuetronics	0.55	0.72	Buy	PER10.6x PER24
01/02/24	phillip	Valuetronics	0.595	0.7	Buy

UOL - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/17/23	CIMB	UOL	6.74	8	Add	RNAV
02/07/23	OCBC	UOL	6.99	8.52	Buy
02/28/23	CIMB	UOL	6.76	8	Add	RNAV
02/28/23	DBS Vickers	UOL	6.76	8.4	Buy	RNAV (40% discount)
02/28/23	Lim & Tan	UOL	6.76	8.14	Buy
03/08/23	OCBC	UOL	6.63	8.26	Buy
03/16/23	CIMB	UOL	6.47	8	Add	RNAV
04/11/23	Lim & Tan	UOL	7.13	8.16	Accumulate	RNAV
04/18/23	Citi Research	UOL	7.11	9.08	Buy	Up from $8.43
04/27/23	OCBC	UOL	7.19	8.26	Buy
06/23/23	CIMB	UOL	6.52	8	Add	RNAV
07/04/23	DBS Vickers	UOL	6.51	8.4	Buy	RNAV
07/05/23	Lim & Tan	UOL	6.77	7.9	Accumulate
07/06/23	CIMB	UOL	6.47	8.2	Add	RNAV
08/01/23	OCBC	UOL	7.03	8.26	Buy
08/11/23	CIMB	UOL	6.94	8.2	Add	RNAV
08/11/23	Lim & Tan	UOL	6.94	8.26	Accumulate
09/18/23	DBS Vickers	UOL	6.66	8.4	Buy
10/02/23	CIMB	UOL	6.42	8.2	Add	RNAV
10/02/23	Citi Research	UOL	6.42	9.08	Buy	RNAV (25% disc)