Since the HK protestors like to carry the US flags during their protests, then HK police must do exactly what the US police is doing since the HK protestors connive the US police crackdown.
Discussion forum on Singapore stocks and current affairs.
Since the HK protestors like to carry the US flags during their protests, then HK police must do exactly what the US police is doing since the HK protestors connive the US police crackdown.
The international human rights groups are keeping their silence about this violation but they're so eager to criticize the HK police when the HK police pale in comparison to the US police.
The UK and China scientific research showed that the ancestral covid-19 virus came from the US. The French scientists also proclaimed that COVID virus didn't come from China.
http://sg-stock.blogspot.com/2020/05/what-are-scientific-analyses-for-origin.html
There are currently 2 scientific analyses to trace the origin of COVID-19.
China used genome sequencing (Haplotype analysis) which categorizes COVID-19 virus into 2 strains and 5 generations. China scientists traced the ancestral H38 back to the US and the US had all 5 generations in its early outbreak.
Cambridge University scientists used Phylogenetic network analysis which categorized the COVID-19 virus into 3 strains (A-type, B-type & C-type). Cambridge University scientists discovered that the ancestral A-type virus was predominantly found in the US.
http://sg-stock.blogspot.com/2020/04/what-are-scientific-analyses-for-origin.html
http://sg-stock.blogspot.com/2020/04/french-scientists-said-that-its-covid.html
Genome sequencing seems to be the preferred scientific method to trace the origin of the virus because China, Malaysia and New Zealand use it (from public resources).
http://sg-stock.blogspot.com/2020/08/new-zealand-is-using-genome-sequencing.html
Since China and the UK have traced the ancestral COVID virus back to the US, we will try to look for the first virus outbreak in the US then.
Chronological events:
July 2019: There seemed to be a virus leakage in Fort Detrick which resulted in it being shut down in August 2019.
https://www.nytimes.com/2019/08/05/health/germs-fort-detrick-biohazard.html
July 2019: Consequently, a pneumonia outbreak started in the Virginian retirement community.
Fort Detrick is just an hour's drive away from the Virginian retirement community. The short distance between the 2 locations helps to explain the outbreak in the retirement community.
October 2019: The US soldiers went to Wuhan for the Military World Game but didn't win any gold medal.
https://www.globaltimes.cn/content/1183658.shtml
http://sg-stock.blogspot.com/2020/03/japan-and-russia-alleged-that-covid-19.html
One of the US soldiers in Wuhan, SGT Benassi, was based in Fort Meade which was just an hour's drive from Fort Detrick. She was suspected to be the one who brought the virus to Wuhan.
https://www.army.mil/article/228879/us_women_finish_8th_despite_crash_in_50_mile_cycling_road_race
The picture is becoming crystal clear now. The COVID-19 outbreak originated in Fort Detrick and infected the Virginian retirement community and Fort Meade. This was the only plausible reason that genome sequencing in China and the UK traced the ancestral COVID virus back to the USA.
Case closed!
Date | Analyst | Company | Last | Target | Call | Valuation |
07/02/19 | Kim Eng | SIA Engineering | 2.51 | 2.85 | Buy | |
07/05/19 | DBS Vickers | SIA Engineering | 2.72 | 3.01 | Buy | |
07/08/19 | CIMB | SIA Engineering | 2.89 | 3.11 | Add | DCF |
07/29/19 | UOB Kay Hian | SIA Engineering | 2.65 | 2.55 | Hold | DCF, Buy @ $2.40 |
07/29/19 | OCBC | SIA Engineering | 2.65 | 2.43 | Hold | |
07/30/19 | Kim Eng | SIA Engineering | 2.68 | 2.85 | Hold | |
09/02/19 | Kim Eng | SIA Engineering | 2.43 | 2.85 | Buy | DCF |
11/04/19 | Lim & Tan | SIA Engineering | 2.65 | 0 | Hold | |
11/05/19 | UOB Kay Hian | SIA Engineering | 2.77 | 3.13 | Buy | |
11/05/19 | DBS Vickers | SIA Engineering | 2.77 | 3.3 | Buy | Sum of parts |
11/05/19 | OCBC | SIA Engineering | 2.77 | 2.86 | Hold | |
11/05/19 | CIMB | SIA Engineering | 2.77 | 3.3 | Add | DCF |
11/26/19 | Kim Eng | SIA Engineering | 2.85 | 3 | Buy | |
12/27/19 | CIMB | SIA Engineering | 2.82 | 3.3 | Add | |
02/04/20 | UOB Kay Hian | SIA Engineering | 2.58 | 3.13 | Buy | DDM |
02/10/20 | Lim & Tan | SIA Engineering | 2.61 | 0 | Hold | |
02/11/20 | OCBC | SIA Engineering | 2.59 | 2.41 | Sell | |
03/20/20 | DBS Vickers | SIA Engineering | 1.56 | 1.35 | Fully Valued | Sum of parts |
05/12/20 | UOB Kay Hian | SIA Engineering | 1.82 | 1.57 | Sell | DDM |
06/08/20 | DBS Vickers | SIA Engineering | 2.22 | 2.3 | Hold | Sum of parts (15% premium) |
07/20/20 | CIMB | SIA Engineering | 1.96 | 1.78 | Hold | |
07/20/20 | DBS Vickers | SIA Engineering | 1.96 | 2.1 | Hold | Sum of parts (15% premium) |
07/21/20 | OCBC | SIA Engineering | 1.97 | 1.8 | Sell | |
08/18/20 | DBS Vickers | SIA Engineering | 1.86 | 2.4 | Buy | Sum of parts |
Date | Analyst | Company | Last | Target | Call | Valuation |
08/01/19 | UOB Kay Hian | SIA | 9.67 | 9.5 | Hold | Sum of parts, Buy @ $9.10 |
08/01/19 | DBS Vickers | SIA | 9.67 | 10.8 | Buy | PB0.95x FY20 |
08/01/19 | Lim & Tan | SIA | 9.67 | 0 | Hold | |
08/02/19 | CIMB | SIA | 9.2 | 10.04 | Hold | PB0.9x CY19 |
09/19/19 | UOB Kay Hian | SIA | 9.15 | 9.5 | Hold | Sum of parts, Buy @ $8.70 |
10/17/19 | UOB Kay Hian | SIA | 9.16 | 9.5 | Hold | Buy @ $9 |
11/06/19 | CIMB | SIA | 9.43 | 10 | Hold | PB0.9x CY19 |
11/06/19 | Kim Eng | SIA | 9.43 | 10.7 | Buy | PB1x FY21 |
11/07/19 | OCBC | SIA | 9.18 | 10.46 | Buy | |
11/07/19 | UOB Kay Hian | SIA | 9.18 | 9.4 | Hold | Buy @ $8.70 |
11/07/19 | DBS Vickers | SIA | 9.18 | 10.4 | Buy | PB0.95x FY20 |
01/10/20 | UOB Kay Hian | SIA | 8.93 | 9.1 | Hold | Sum of parts, Buy @ $8.60 |
01/14/20 | DBS Vickers | SIA | 8.95 | 10.4 | Buy | |
01/14/20 | Citi Research | SIA | 8.95 | 7.26 | Buy | Ex-rights target price |
02/04/20 | UOB Kay Hian | SIA | 8.49 | 9.1 | Hold | Buy @ $8.40 |
02/06/20 | CIMB | SIA | 8.59 | 8.46 | Hold | PB0.86x CY20 |
02/10/20 | DBS Vickers | SIA | 8.58 | 10.4 | Buy | PB0.95x FY20 |
02/18/20 | OCBC | SIA | 8.66 | 9.9 | Buy | |
03/13/20 | CIMB | SIA | 7.34 | 8 | Hold | PB0.86x |
03/19/20 | DBS Vickers | SIA | 6.53 | 6.6 | Hold | PB0.85x |
03/20/20 | OCBC | SIA | 6.12 | 6.6 | Hold | |
03/23/20 | UOB Kay Hian | SIA | 6.02 | 6.6 | Hold | Buy @ $5.7 (PB0.5x) |
03/30/20 | UOB Kay Hian | SIA | 6.08 | 5.8 | Hold | Sum of parts, Buy @ $5.2 |
03/30/20 | Citi Research | SIA | 6.08 | 2.82 | Sell | Ex-rights target price |
04/03/20 | CIMB | SIA | 5.65 | 6.27 | Hold | Ex-rights price $4.25 |
04/03/20 | DIR | SIA | 5.65 | 5.54 | Hold | |
05/06/20 | CIMB | SIA | 5.91 | 4.45 | Hold | PB0.84x, Ex-rights |
05/15/20 | Citi Research | SIA | 3.81 | 4 | Sell | |
05/15/20 | CIMB | SIA | 3.81 | 4.6 | Add | PB0.84x |
05/18/20 | UOB Kay Hian | SIA | 3.9 | 4.34 | Buy | PB0.9x |
06/03/20 | Lim & Tan | SIA | 4.11 | 0 | Take Profit | |
06/18/20 | UOB Kay Hian | SIA | 4.13 | 3.8 | Sell | PB0.8x |
07/16/20 | Lim & Tan | SIA | 3.77 | 0 | Sell | |
07/30/20 | DBS Vickers | SIA | 3.53 | 3.75 | Hold | PB0.8x FY21/22 |
07/30/20 | CIMB | SIA | 3.53 | 3.55 | Hold | PB0.84x FY22 |
08/03/20 | UOB Kay Hian | SIA | 3.42 | 3.64 | Hold | Buy @ $3.20 |
08/04/20 | OCBC | SIA | 3.31 | 3.5 | Hold |
Date | Analyst | Company | Last | Target | Call | Valuation |
09/04/20 | DBS Vickers | Comfortdelgro | 1.51 | 1.96 | Buy | PB1.6x FY21 |
09/04/20 | CIMB | Frasers Centrepoint Trust | 2.54 | 2.83 | Add | DDM |
09/04/20 | Lim & Tan | Frasers Centrepoint Trust | 2.54 | 0 | Hold | |
09/04/20 | DBS Vickers | Parkway Life | 3.89 | 4 | Buy | |
09/04/20 | Lim & Tan | Penguin | 0.425 | 0 | Buy | |
09/04/20 | CIMB | SATS | 3.01 | 3 | Hold | DCF & PB2.1x FY21 |
https://finance.yahoo.com/news/mystery-solved-days-vix-warned-172725636.html
We did warn about the abnormality in the synchronization of VIX and S&P just before the heavy market fall.
http://sg-stock.blogspot.com/2020/09/different-market-sectors-are-in.html
Date | Analyst | Company | Last | Target | Call | Valuation |
07/02/19 | DMG & Partners | Sheng Siong | 1.1 | 1.23 | Buy | |
07/15/19 | phillip | Sheng Siong | 1.1 | 1.3 | Buy | PER25x |
07/16/19 | Kim Eng | Sheng Siong | 1.09 | 0.95 | Sell | DCF |
07/30/19 | DMG & Partners | Sheng Siong | 1.11 | 1.32 | Buy | DCF |
07/30/19 | DBS Vickers | Sheng Siong | 1.11 | 1.32 | Buy | PER25x FY20 |
07/31/19 | Kim Eng | Sheng Siong | 1.15 | 0.96 | Sell | DCF |
07/31/19 | OCBC | Sheng Siong | 1.15 | 1.19 | Buy | |
07/31/19 | CIMB | Sheng Siong | 1.15 | 1.25 | Add | |
08/01/19 | phillip | Sheng Siong | 1.16 | 1.3 | Accumulate | PER25x FY19 |
08/06/19 | Amfrasers | Sheng Siong | 1.16 | 1.27 | Outperform | |
08/13/19 | Kim Eng | Sheng Siong | 1.18 | 0.96 | Sell | DCF |
08/23/19 | DMG & Partners | Sheng Siong | 1.16 | 1.32 | Buy | |
09/11/19 | DMG & Partners | Sheng Siong | 1.2 | 1.32 | Buy | |
10/01/19 | DBS Vickers | Sheng Siong | 1.11 | 1.32 | Buy | PER25x FY20 |
10/02/19 | DMG & Partners | Sheng Siong | 1.13 | 1.32 | Buy | DCF |
10/11/19 | phillip | Sheng Siong | 1.16 | 1.3 | Accumulate | |
10/14/19 | Kim Eng | Sheng Siong | 1.15 | 0.96 | Sell | DCF |
11/01/19 | UOB Kay Hian | Sheng Siong | 1.17 | 1.27 | Hold | Buy @ $1.14 |
11/01/19 | DMG & Partners | Sheng Siong | 1.17 | 1.32 | Buy | |
11/01/19 | Kim Eng | Sheng Siong | 1.17 | 1 | Sell | DCF |
11/01/19 | DBS Vickers | Sheng Siong | 1.17 | 1.32 | Buy | |
11/04/19 | phillip | Sheng Siong | 1.18 | 1.32 | Accumulate | PER25x |
11/04/19 | Amfrasers | Sheng Siong | 1.18 | 1.35 | Outperform | |
11/04/19 | CIMB | Sheng Siong | 1.18 | 1.3 | Add | PER22.5x CY20 |
11/04/19 | OCBC | Sheng Siong | 1.18 | 1.21 | Hold | |
12/10/19 | DMG & Partners | Sheng Siong | 1.24 | 1.39 | Buy | DCF |
01/06/20 | DBS Vickers | Sheng Siong | 1.3 | 1.32 | Buy | |
01/08/20 | DMG & Partners | Sheng Siong | 1.26 | 1.39 | Buy | |
01/13/20 | UOB Kay Hian | Sheng Siong | 1.27 | 1.29 | Hold | Buy @ $1.19 |
01/23/20 | DBS Vickers | Sheng Siong | 1.26 | 1.41 | Buy | PER25x FY20 |
02/19/20 | CIMB | Sheng Siong | 1.29 | 1.46 | Add | PER24x |
02/24/20 | phillip | Sheng Siong | 1.29 | 1.41 | Accumulate | PER25x FY20 |
02/24/20 | DMG & Partners | Sheng Siong | 1.29 | 1.42 | Buy | DCF & PER22x |
02/24/20 | DBS Vickers | Sheng Siong | 1.29 | 1.45 | Buy | PER25x FY20 |
02/25/20 | OCBC | Sheng Siong | 1.29 | 1.45 | Buy | |
03/10/20 | Amfrasers | Sheng Siong | 1.21 | 1.4 | Outperform | |
03/18/20 | DMG & Partners | Sheng Siong | 1.05 | 1.42 | Buy | DCF |
04/06/20 | DBS Vickers | Sheng Siong | 1.22 | 1.45 | Buy | |
04/06/20 | CIMB | Sheng Siong | 1.22 | 1.42 | Add | |
04/09/20 | DMG & Partners | Sheng Siong | 1.31 | 1.42 | Buy | DCF |
04/15/20 | DBS Vickers | Sheng Siong | 1.35 | 1.5 | Buy | |
04/22/20 | DBS Vickers | Sheng Siong | 1.45 | 1.56 | Buy | |
04/29/20 | DMG & Partners | Sheng Siong | 1.46 | 1.63 | Buy | DCF |
04/29/20 | DBS Vickers | Sheng Siong | 1.46 | 1.58 | Buy | PER25x FY20 |
04/29/20 | Lim & Tan | Sheng Siong | 1.46 | 0 | Hold | |
04/30/20 | phillip | Sheng Siong | 1.49 | 1.58 | Accumulate | PER25x |
04/30/20 | UOB Kay Hian | Sheng Siong | 1.49 | 1.5 | Hold | Buy @ $1.35 |
04/30/20 | OCBC | Sheng Siong | 1.49 | 1.64 | Buy | |
05/01/20 | Amfrasers | Sheng Siong | 1.49 | 1.46 | Neutral | |
05/19/20 | DBS Vickers | Sheng Siong | 1.56 | 1.66 | Buy | PER25x FY21 |
05/29/20 | DMG & Partners | Sheng Siong | 1.52 | 1.72 | Buy | DCF |
06/08/20 | DMG & Partners | Sheng Siong | 1.56 | 1.72 | Buy | DCF |
06/22/20 | phillip | Sheng Siong | 1.54 | 0 | Hold | |
07/30/20 | DBS Vickers | Sheng Siong | 1.73 | 1.91 | Buy | PER25x FY21 |
08/03/20 | phillip | Sheng Siong | 1.7 | 1.65 | Neutral | PER25x FY21 |
08/03/20 | DMG & Partners | Sheng Siong | 1.7 | 1.87 | Buy | DCF |
08/04/20 | OCBC | Sheng Siong | 1.69 | 1.85 | Hold | |
08/06/20 | Amfrasers | Sheng Siong | 1.84 | 1.58 | Neutral |
Date | Analyst | Company | Last | Target | Call | Valuation |
08/26/19 | OCBC | Shangri-La Asia | 8.3 | 13.9 | Buy |
Date | Analyst | Company | Last | Target | Call | Valuation |
07/15/19 | phillip | SGX | 7.99 | 8.09 | Accumulate | PER21.4x |
07/15/19 | Credit Suisse | SGX | 7.99 | 7.1 | Underperform | |
07/15/19 | Citi Research | SGX | 7.99 | 7.23 | Sell | |
08/01/19 | DMG & Partners | SGX | 7.92 | 8.1 | Neutral | PER23x FY20 |
08/01/19 | DBS Vickers | SGX | 7.92 | 8.3 | Buy | DDM |
08/02/19 | phillip | SGX | 7.78 | 8.09 | Accumulate | PER21x |
08/05/19 | CIMB | SGX | 7.98 | 8.1 | Hold | PER21.5x |
08/05/19 | Jefferies | SGX | 7.98 | 9 | Buy | |
10/02/19 | phillip | SGX | 8.5 | 8.6 | Accumulate | PER22x |
10/02/19 | Jefferies | SGX | 8.5 | 9 | Hold | |
10/02/19 | Citi Research | SGX | 8.5 | 8 | Sell | |
10/02/19 | OCBC | SGX | 8.5 | 7.6 | Hold | |
10/09/19 | DMG & Partners | SGX | 8.4 | 8.1 | Neutral | PER23x FY20 |
10/09/19 | Credit Suisse | SGX | 8.4 | 7.2 | Underperform | |
10/25/19 | DMG & Partners | SGX | 8.28 | 8.3 | Neutral | PER23x FY20 |
10/25/19 | CIMB | SGX | 8.28 | 9 | Add | PER22.4x FY20 |
10/25/19 | OCBC | SGX | 8.28 | 8.6 | Hold | PER22x FY20 |
10/25/19 | DBS Vickers | SGX | 8.28 | 8.9 | Buy | DDM, PER21x FY20 |
11/25/19 | phillip | SGX | 8.97 | 8.6 | Neutral | PER22x |
11/25/19 | Credit Suisse | SGX | 8.97 | 7.7 | Underperform | |
11/25/19 | Citi Research | SGX | 8.97 | 8.75 | Hold | |
01/02/20 | DMG & Partners | SGX | 8.86 | 8.8 | Neutral | PER23x FY21 |
01/24/20 | DBS Vickers | SGX | 8.82 | 9.6 | Buy | DDM, PER21x FY21 |
01/31/20 | phillip | SGX | 8.7 | 8.52 | Neutral | PER21.5x |
02/19/20 | Macquarie | SGX | 9.15 | 10 | Outperform | |
02/19/20 | Jefferies | SGX | 9.15 | 9.2 | Hold | |
03/05/20 | Macquarie | SGX | 9.05 | 10 | Outperform | |
03/05/20 | CIMB | SGX | 9.05 | 9.4 | Add | |
03/05/20 | Citi Research | SGX | 9.05 | 9.6 | Buy | |
03/13/20 | Credit Suisse | SGX | 8.69 | 8.7 | Neutral | |
04/07/20 | DMG & Partners | SGX | 9.33 | 9.1 | Neutral | PER23x FY21 |
04/07/20 | Citi Research | SGX | 9.33 | 10.8 | Buy | |
04/07/20 | CIMB | SGX | 9.33 | 10.5 | Add | |
04/07/20 | Jefferies | SGX | 9.33 | 9.3 | Hold | |
04/24/20 | Citi Research | SGX | 10.16 | 10 | Hold | |
04/24/20 | DMG & Partners | SGX | 10.16 | 9.7 | Neutral | PER24x FY21 |
04/24/20 | Lim & Tan | SGX | 10.16 | 0 | Sell | |
04/27/20 | phillip | SGX | 9.64 | 9.28 | Neutral | PER21.4x |
04/27/20 | DBS Vickers | SGX | 9.64 | 10 | Hold | DDM |
04/27/20 | OCBC | SGX | 9.64 | 9.3 | Hold | PER23.3x FY21 |
04/27/20 | Jefferies | SGX | 9.64 | 9.1 | Hold | |
05/28/20 | Macquarie | SGX | 8.75 | 11 | Outperform | |
05/28/20 | DMG & Partners | SGX | 8.75 | 8.6 | Hold | PER24x FY21 |
05/28/20 | DBS Vickers | SGX | 8.75 | 7.4 | Fully Valued | DDM |
05/28/20 | CIMB | SGX | 8.75 | 8 | Reduce | |
05/28/20 | OCBC | SGX | 8.75 | 8 | Sell | PER21.6x FY21 |
05/28/20 | Jefferies | SGX | 8.75 | 8.5 | Hold | PER23.5x |
05/28/20 | Lim & Tan | SGX | 8.75 | 0 | Buy on weakness | |
06/24/20 | DMG & Partners | SGX | 8 | 9.2 | Buy | PER24x FY21 |
06/30/20 | DBS Vickers | SGX | 8.06 | 7.4 | Fully Valued | |
06/30/20 | CIMB | SGX | 8.06 | 8 | Hold | |
07/01/20 | DMG & Partners | SGX | 8.34 | 9.2 | Buy | |
07/09/10 | Lim & Tan | SGX | 8.26 | 0 | Trading Buy | |
08/03/20 | phillip | SGX | 8.17 | 9.45 | Buy | PER21.4x |
08/03/20 | CIMB | SGX | 8.17 | 9 | Add | |
08/03/20 | DMG & Partners | SGX | 8.17 | 9.2 | Buy | PER24x FY21 |
08/03/20 | DBS Vickers | SGX | 8.17 | 8.4 | Hold | DDM, PER21x FY21 |
08/03/20 | OCBC | SGX | 8.17 | 8.3 | Hold | PER21.3x FY21 |
08/26/20 | DMG & Partners | SGX | 8.63 | 9.5 | Buy | PER24x FY21 |
Date | Analyst | Company | Last | Target | Call | Valuation |
09/03/20 | Lim & Tan | Bukit Sembawang | 3.69 | 0 | Buy | |
09/03/20 | CIMB | Centurion | 0.35 | 0.4 | Add | DCF |
09/03/20 | CIMB | IHH Healthcare | 1.75 | 2 | Add | Ringgit $6.10 target price |
09/03/20 | Jefferies | Mapletree Commercial | 1.99 | 2.25 | Buy | |
09/03/20 | Lim & Tan | Propnex | 0.57 | 0.69 | Buy | |
09/03/20 | Jefferies | Suntec Reit | 1.42 | 1.7 | Buy | |
09/03/20 | OCBC | Wing Tai | 1.71 | 2.01 | Buy |
The prices increased to 59.5 (+6.3) because of a significant depreciation in USD and a huge increase in the new order (67.6, +6.1). The new export and local orders increased significantly because of the weakening USD and pandemic relief aid ($300/weekly) respectively which sustained the consumer spendings. As stated previously on my blog, the US is still undergoing a passive inventory reduction phase which explains the drop in PMI inventories.
http://sg-stock.blogspot.com/2020/08/how-do-you-interpret-ppi-vs-cpi-and.html
However, the production had improved to 63.3 which might indicate that the inventory reduction phase would end soon. Overall, the PMI had risen to 56 which was a good indication of positive economic growth in the US.
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