Date | Analyst | Company | Last | Target | Call | Valuation |
07/05/19 | Kim Eng | SATS | 5.36 | 6.1 | Buy | DCF |
07/15/19 | UOB Kay Hian | SATS | 5.37 | 5.05 | Sell | |
07/19/19 | UOB Kay Hian | SATS | 5.32 | 4.8 | Sell | |
07/19/19 | DBS Vickers | SATS | 5.32 | 5 | Hold | DCF |
07/19/19 | CIMB | SATS | 5.32 | 5.4 | Hold | PER21.9x CY20 |
07/22/19 | OCBC | SATS | 5 | 5.28 | Hold | FCFF |
07/22/19 | phillip | SATS | 5 | 5.47 | Accumulate | |
07/22/19 | Lim & Tan | SATS | 5 | 0 | Hold | |
09/20/19 | Kim Eng | SATS | 4.78 | 6.1 | Buy | |
10/15/19 | UOB Kay Hian | SATS | 4.82 | 5.3 | Buy | DCF |
11/13/19 | UOB Kay Hian | SATS | 5.09 | 5.3 | Buy | |
11/14/19 | DBS Vickers | SATS | 4.99 | 5.06 | Hold | DCF & PER22x FY21 |
11/19/19 | phillip | SATS | 5.07 | 5.36 | Accumulate | DCF, PER23.3x FY19 |
11/19/19 | OCBC | SATS | 5.07 | 5.28 | Hold | |
11/25/19 | Kim Eng | SATS | 5.06 | 6.1 | Buy | |
02/04/20 | UOB Kay Hian | SATS | 4.49 | 4.8 | Hold | Buy @ $4.30 |
02/06/20 | CIMB | SATS | 4.46 | 4.07 | Reduce | |
02/14/20 | DBS Vickers | SATS | 4.54 | 4.46 | Hold | DCF & PER22x FY21 |
02/17/20 | phillip | SATS | 4.43 | 4.45 | Neutral | DCF, PER19x FY21 |
03/19/20 | DBS Vickers | SATS | 3.12 | 2.66 | Fully Valued | DCF, PER15.8x FY21 |
03/27/20 | UOB Kay Hian | SATS | 3.32 | 3.96 | Buy | PER19.4x FY22 |
05/04/20 | UOB Kay Hian | SATS | 3.28 | 3.3 | Hold | Buy @ $2.80-2.90 |
05/06/20 | DBS Vickers | SATS | 2.98 | 2.64 | Fully Valued | DCF & PER25x FY22 |
06/01/20 | DBS Vickers | SATS | 2.66 | 2.64 | Hold | DCF & PER25x |
07/13/20 | phillip | SATS | 2.88 | 1.95 | Sell | PB1.35x |
07/13/20 | UOB Kay Hian | SATS | 2.88 | 2.93 | Hold | EV/Invested capital basis |
07/13/20 | Lim & Tan | SATS | 2.88 | 0 | Avoid | |
07/14/20 | DBS Vickers | SATS | 2.78 | 2.83 | Hold | DCF & PER25x FY22 |
07/14/20 | OCBC | SATS | 2.78 | 2.76 | Hold | |
07/14/20 | CIMB | SATS | 2.78 | 2.8 | Reduce | |
08/25/20 | CIMB | SATS | 3.08 | 3 | Hold | PB2.1x FY21 |
08/25/20 | phillip | SATS | 3.08 | 1.95 | Sell | PB1.35x |
08/25/20 | UOB Kay Hian | SATS | 3.08 | 2.67 | Sell | |
08/25/20 | Lim & Tan | SATS | 3.08 | 0 | Avoid |
Tuesday, September 1, 2020
SATS - Stock calls
Sasseur - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
08/08/19 | DBS Vickers | Sasseur | 0.8 | 0.97 | Buy | DCF |
08/13/19 | CIMB | Sasseur | 0.805 | 0.94 | Add | DDM |
10/30/19 | UOB Kay Hian | Sasseur | 0.8 | 0.97 | Buy | DDM |
11/18/19 | Kim Eng | Sasseur | 0.845 | 1 | Buy | DDM |
11/18/19 | UOB Kay Hian | Sasseur | 0.845 | 0.97 | Buy | |
11/18/19 | DBS Vickers | Sasseur | 0.845 | 0.97 | Buy | |
11/20/19 | CIMB | Sasseur | 0.85 | 0.94 | Add | |
02/21/20 | CIMB | Sasseur | 0.82 | 0.85 | Add | |
02/24/20 | DBS Vickers | Sasseur | 0.815 | 0.93 | Buy | DCF |
02/24/20 | Kim Eng | Sasseur | 0.815 | 0.95 | Buy | |
03/10/20 | UOB Kay Hian | Sasseur | 0.73 | 0.92 | Buy | DDM |
04/14/20 | DBS Vickers | Sasseur | 0.62 | 0.8 | Buy | DCF, PB0.9x |
05/15/20 | UOB Kay Hian | Sasseur | 0.72 | 0.96 | Buy | DDM |
06/03/20 | DBS Vickers | Sasseur | 0.8 | 0.8 | Buy | |
06/11/20 | Amfrasers | Sasseur | 0.795 | 0.89 | Outperform | DDM |
08/17/20 | UOB Kay Hian | Sasseur | 0.775 | 0.99 | Buy | DDM |
08/18/20 | CIMB | Sasseur | 0.78 | 0.84 | Add |
Sabana - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
09/12/19 | DBS Vickers | Sabana | 0.455 | 0.48 | Hold | DCF |
10/25/19 | DBS Vickers | Sabana | 0.455 | 0.48 | Hold | DCF |
01/30/20 | DBS Vickers | Sabana | 0.46 | 0.48 | Hold | DCF |
07/17/20 | DBS Vickers | Sabana | 0.36 | 0.4 | Buy | PB0.94x ESR-Reit |
Stock calls for 1 September 2020
Date | Analyst | Company | Last | Target | Call | Valuation |
09/01/20 | Kim Eng | Comfortdelgro | 1.48 | 1.76 | Buy | DCF |
09/01/20 | UOB Kay Hian | Food Empire | 0.625 | 0.85 | Buy | |
09/01/20 | UOB Kay Hian | Frencken | 0.94 | 1.37 | Buy | |
09/01/20 | UOB Kay Hian | Oxley | 0.225 | 0.37 | Buy | RNAV (30% discount) |
09/01/20 | UOB Kay Hian | Riverstone | 4.02 | 6 | Buy | |
09/01/20 | Lim & Tan | UG Healthcare | 2.28 | 0 | Accumulate | |
09/01/20 | CIMB | Wing Tai | 1.72 | 1.98 | Add | RNAV |
09/01/20 | DBS Vickers | Yangzijiang | 0.915 | 1.4 | Buy | Sum of parts |
The devious US is trying to poison all Asians now!
https://www.porkbusiness.com/article/taiwan-lifts-ban-ractopamine-us-pork-imports
The US has managed to force Taiwan to accept a poisonous chemical, Ractopamine, in the US meat products in exchange for BTA or FTA. Taiwan has reversed its previous stance already.
http://sg-stock.blogspot.com/2020/01/the-us-is-demanding-taiwan-to-import-us.html
This is not just happening to Taiwan.
Japan, acting in US interest, is pushing the CPTPP to ASEAN which also contains the condition to accept Ractopamine. Fortunately, some countries still object to this and refuse to be signatories to the CPTPP. For example, Thailand has been objecting to this harmful chemical but may succumb to the trade threats especially during the COVID outbreak period. It is very sad that Singapore is willing to accept Ractopamine and shove it down our throats.
https://www.nationthailand.com/business/30346283
This Ractopamine affects Asians more because we eat visceral organs which will contain a much higher dosage of the chemical.
https://en.wikipedia.org/wiki/Ractopamine
Currently, there is a US petition to ban Ractopamine in animal feeds because of animal, human, and environmental safety concerns. The US knows how harmful this chemical is to animals, humans, and our environment but the US still wants to export these chemical-laced products to Asia.
In a nutshell, Ractopamine is harmful to people with hypertension and heart diseases. Furthermore, prolonged use will cause infertility. Therefore, I've not been eating US pork and beef for many years already.
Monday, August 31, 2020
Roxy-Pacific - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
07/15/19 | OCBC | Roxy-Pacific | 0.385 | 0.41 | Hold | |
08/05/19 | DBS Vickers | Roxy-Pacific | 0.39 | 0.39 | Hold | RNAV (55% discount) |
Riverstone - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
08/13/19 | DBS Vickers | Riverstone | 0.9 | 1.16 | Buy | PER14.5x FY20 |
11/11/19 | CIMB | Riverstone | 0.985 | 1.25 | Add | |
11/11/19 | DBS Vickers | Riverstone | 0.985 | 1.16 | Buy | PER14.5x FY20 |
02/27/20 | CIMB | Riverstone | 1.05 | 1.3 | Add | |
02/27/20 | DBS Vickers | Riverstone | 1.05 | 1.34 | Buy | PER20x FY20 |
05/08/20 | UOB Kay Hian | Riverstone | 1.21 | 1.46 | Buy | PER22x FY20 |
05/13/20 | UOB Kay Hian | Riverstone | 1.62 | 2.15 | Buy | PER23.7x FY20 |
05/13/20 | DBS Vickers | Riverstone | 1.62 | 2.2 | Buy | PER26x FY20 |
05/14/20 | CIMB | Riverstone | 1.84 | 1.86 | Add | PER19.3x CY21 |
05/22/20 | CIMB | Riverstone | 1.94 | 2.5 | Add | PER22.7x CY21 |
05/26/20 | UOB Kay Hian | Riverstone | 1.87 | 2.53 | Buy | PER23.1x FY20 |
06/03/20 | DBS Vickers | Riverstone | 2.24 | 3.09 | Buy | PER28x FY20 |
06/12/20 | CIMB | Riverstone | 2.25 | 3.12 | Add | PER22.7x CY21 |
06/17/20 | UOB Kay Hian | Riverstone | 2.37 | 3.15 | Buy | PER23.1x FY20 |
07/07/20 | UOB Kay Hian | Riverstone | 2.93 | 3.6 | Buy | PER23.1x FY20 |
07/09/20 | CIMB | Riverstone | 3.3 | 3.9 | Add | |
07/15/20 | DBS Vickers | Riverstone | 3.1 | 3.9 | Buy | PER24x FY20 |
08/06/20 | DBS Vickers | Riverstone | 4.21 | 5.51 | Buy | PER28.4x FY21 |
08/07/20 | UOB Kay Hian | Riverstone | 4.53 | 6 | Buy | PER23.2x FY21 |
08/07/20 | CIMB | Riverstone | 4.53 | 5.55 | Add |
Rex - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
12/12/19 | UOB Kay Hian | Rex | 0.167 | 0.218 | Buy | Sum of parts, PB1.1x FY20 |
03/05/20 | UOB Kay Hian | Rex | 0.184 | 0.27 | Buy | Sum of parts |
07/22/20 | UOB Kay Hian | Rex | 0.188 | 0.3 | Buy | Sum of parts |
Stock calls for 31 August 2020
Date | Analyst | Company | Last | Target | Call | Valuation |
08/31/20 | Kim Eng | A-Reit | 3.31 | 4 | Buy | |
08/31/20 | CIMB | Avi-Tech | 0.43 | 0.492 | Add | |
08/31/20 | UOB Kay Hian | Avi-Tech | 0.43 | 0.495 | Buy | |
08/31/20 | phillip | Clearbridge | 0.171 | 0.26 | Buy | DCF |
08/31/20 | CIMB | Frencken | 0.94 | 1.06 | Add | PER10x FY21 |
08/31/20 | CIMB | Ifast Corp | 2.37 | 2.44 | Hold | Sum of parts |
08/31/20 | DBS Vickers | Lendlease Reit | 0.64 | 0.85 | Buy | PB1x FY21 |
08/31/20 | DBS Vickers | Mapletree Commercial | 1.93 | 2.25 | Buy | |
08/31/20 | Kim Eng | Mapletree Industrial | 3.04 | 3.4 | Buy | |
08/31/20 | Kim Eng | Mapletree Logistics | 2.06 | 2.4 | Buy | |
08/31/20 | Lim & Tan | Micro-Mechanics | 2.07 | 0 | Buy on weakness | |
08/31/20 | CIMB | Penguin | 0.435 | 0.55 | Add | PB0.7x FY20 |
08/31/20 | DBS Vickers | SPH | 1.09 | 1.26 | Hold | |
08/31/20 | Lim & Tan | Wing Tai | 1.71 | 0 | Buy |
Saturday, August 29, 2020
How to interpret the latest US FED's speech?
The US FED had dropped its target inflation rate of 2%. What does this signify?
This signifies that the US FED is facing a conundrum. The US FED is feeling the colossal debt stress that it has to create inflation but cannot allow the rising inflation to affect its stimulative monetary policies. Therefore, the US FED is changing its stance so that its stimulative monetary policies can continue to boost the US sagging economic growth.
Please read below to understand more about inflation.
Huge US layoffs are coming!
https://sg.finance.yahoo.com/news/this-week-in-trumponomics-here-come-the-big-layoffs-175303663.html
American airlines - 19,000 layoffs
Delta airline - 1,900 layoffs
MGM - 18,000 layoffs
Coca Cola - 4,000 layoffs
Salesforce - 1,000 layoffs
If the economic downturn is only temporary, the US companies won't lay off so many employees.
Friday, August 28, 2020
Another racial killing by the US police.
The US police have committed another racial killing after George Floyd.
Where are the international human rights groups? Why are they so quiet now?
The human rights groups accused HK police of human rights violation but they kept quiet about the brutal racial killing by the US police. Sigh!
Shame on those international human rights groups!
Raffles Medical - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
07/30/19 | UOB Kay Hian | Raffles Medical | 1.03 | 1.27 | Buy | DCF |
07/30/19 | DMG & Partners | Raffles Medical | 1.03 | 1.02 | Neutral | |
07/30/19 | DBS Vickers | Raffles Medical | 1.03 | 1.12 | Hold | Sum of parts |
07/31/19 | phillip | Raffles Medical | 1.04 | 1.09 | Neutral | DCF |
07/31/19 | Kim Eng | Raffles Medical | 1.04 | 1.05 | Hold | DCF |
07/31/19 | OCBC | Raffles Medical | 1.04 | 1.06 | Hold | |
10/30/19 | DMG & Partners | Raffles Medical | 1 | 1.02 | Neutral | DCF |
10/30/19 | CIMB | Raffles Medical | 1 | 1.16 | Add | Sum of parts |
10/30/19 | UOB Kay Hian | Raffles Medical | 1 | 1.27 | Buy | DCF |
10/30/19 | DBS Vickers | Raffles Medical | 1 | 1.12 | Hold | |
11/05/19 | phillip | Raffles Medical | 1 | 1.05 | Neutral | DCF |
11/05/19 | Kim Eng | Raffles Medical | 1 | 1.07 | Hold | DCF |
11/05/19 | OCBC | Raffles Medical | 1 | 1.02 | Hold | |
02/25/20 | DMG & Partners | Raffles Medical | 1.02 | 0.96 | Neutral | DCF |
02/25/20 | UOB Kay Hian | Raffles Medical | 1.02 | 1.21 | Buy | DCF |
02/25/20 | DBS Vickers | Raffles Medical | 1.02 | 1.1 | Hold | Sum of parts |
02/25/20 | Kim Eng | Raffles Medical | 1.02 | 1.06 | Hold | DCF |
02/25/20 | CIMB | Raffles Medical | 1.02 | 1.16 | Add | |
02/26/20 | phillip | Raffles Medical | 1.01 | 0.99 | Neutral | DCF |
03/25/20 | CIMB | Raffles Medical | 0.745 | 0.98 | Add | Sum of parts |
04/28/20 | DMG & Partners | Raffles Medical | 0.87 | 0.93 | Neutral | DCF |
04/28/20 | UOB Kay Hian | Raffles Medical | 0.87 | 1.11 | Buy | DCF |
04/28/20 | OCBC | Raffles Medical | 0.87 | 1.02 | Buy | |
04/29/20 | Kim Eng | Raffles Medical | 0.87 | 0.99 | Buy | DCF |
04/29/20 | DBS Vickers | Raffles Medical | 0.87 | 0.96 | Hold | Sum of parts |
07/28/20 | DMG & Partners | Raffles Medical | 0.92 | 0.91 | Neutral | DCF |
07/28/20 | UOB Kay Hian | Raffles Medical | 0.92 | 1.07 | Buy | DCF |
07/28/20 | CIMB | Raffles Medical | 0.92 | 0.96 | Hold | |
07/28/20 | Kim Eng | Raffles Medical | 0.92 | 0.99 | Hold | DCF |
07/28/20 | OCBC | Raffles Medical | 0.92 | 0.96 | Hold | |
07/28/20 | DBS Vickers | Raffles Medical | 0.92 | 0.95 | Hold | Sum of parts |
07/28/20 | Lim & Tan | Raffles Medical | 0.92 | 0 | Hold | |
07/29/20 | phillip | Raffles Medical | 0.92 | 0.94 | Neutral | DCF |
Propnex - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
08/16/19 | UOB Kay Hian | Propnex | 0.505 | 0.5 | Hold | |
08/19/19 | phillip | Propnex | 0.5 | 0.59 | Buy | DCF |
10/11/19 | phillip | Propnex | 0.49 | 0.59 | Buy | |
10/14/19 | UOB Kay Hian | Propnex | 0.49 | 0.56 | Buy | PER12x FY20 |
11/15/19 | UOB Kay Hian | Propnex | 0.525 | 0.62 | Buy | PER12x FY20 |
11/18/19 | phillip | Propnex | 0.515 | 0.59 | Buy | DCF |
11/25/19 | CIMB | Propnex | 0.515 | 0.68 | Add | |
02/21/20 | Lim & Tan | Propnex | 0.53 | 0.68 | Buy | |
02/28/20 | CIMB | Propnex | 0.555 | 0.7 | Add | DCF |
02/28/20 | UOB Kay Hian | Propnex | 0.555 | 0.68 | Buy | |
03/02/20 | phillip | Propnex | 0.545 | 0.7 | Buy | DCF |
03/06/20 | UOB Kay Hian | Propnex | 0.555 | 0.68 | Buy | |
03/10/20 | Lim & Tan | Propnex | 0.515 | 0.68 | Buy | |
05/15/20 | Lim & Tan | Propnex | 0.485 | 0 | Buy | |
05/19/20 | UOB Kay Hian | Propnex | 0.5 | 0.65 | Buy | |
05/19/20 | CIMB | Propnex | 0.5 | 0.625 | Add | |
05/20/20 | phillip | Propnex | 0.495 | 0.6 | Buy | DCF |
08/14/20 | UOB Kay Hian | Propnex | 0.585 | 0.69 | Buy | |
08/17/20 | phillip | Propnex | 0.59 | 0.7 | Buy | DCF |
08/19/20 | CIMB | Propnex | 0.6 | 0.708 | Add |
Perennial Reit - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
02/21/20 | DBS Vickers | Perennial Reit | 0.52 | 0.83 | Buy | RNAV (55% discount) |
05/08/20 | DBS Vickers | Perennial Reit | 0.5 | 0.83 | Buy | |
06/16/20 | CIMB | Perennial Reit | 0.94 | 0.994 | Accept offer | Offer $0.95 |
11/05/19 | DBS Vickers | Prime US Reit | 0.94 | 1.05 | Buy | DCF |
02/13/20 | Kim Eng | Prime US Reit | 1.02 | 1.1 | Buy | DDM |
03/06/20 | DBS Vickers | Prime US Reit | 0.995 | 1.05 | Buy | DCF |
06/24/20 | DBS Vickers | Prime US Reit | 0.805 | 1 | Buy | |
07/20/20 | phillip | Prime US Reit | 0.765 | 0.88 | Buy | DDM |
08/11/20 | phillip | Prime US Reit | 0.815 | 0.94 | Buy | DDM |
Stock calls for 28 August 2020
Date | Analyst | Company | Last | Target | Call | Valuation |
08/28/20 | Macquarie | A-Reit | 3.3 | 4 | Outperform | |
08/28/20 | Lim & Tan | BRC Asia | 1.12 | 1.25 | Hold | DCF |
08/28/20 | DMG & Partners | Dairy Farm | 4.27 | 4.47 | Neutral | |
08/28/20 | Lim & Tan | Ellipsiz | 0.33 | 0 | Hold | |
08/28/20 | DMG & Partners | Japan Foods | 0.33 | 0.33 | Neutral | |
08/28/20 | DMG & Partners | Jumbo | 0.345 | 0.19 | Sell | |
08/28/20 | DMG & Partners | Kimly | 0.255 | 0.26 | Buy | |
08/28/20 | DBS Vickers | Silverlake | 0.3 | 0.4 | Buy | PER17.6x FY21 |
Thursday, August 27, 2020
Penguin - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
08/07/19 | phillip | Penguin | 0.495 | 0.61 | Buy | PER5x FY19 (ex-cash) |
10/09/19 | UOB Kay Hian | Penguin | 0.62 | 0.85 | Buy | PER7.6x FY2020 |
11/08/19 | CIMB | Penguin | 0.66 | 0.81 | Add | PB1x FY20 |
11/08/19 | UOB Kay Hian | Penguin | 0.66 | 0.85 | Buy | |
11/11/19 | phillip | Penguin | 0.7 | 0.93 | Buy | PER5x FY20 (ex-cash) |
12/06/19 | UOB Kay Hian | Penguin | 0.725 | 0.85 | Buy | |
02/26/20 | CIMB | Penguin | 0.71 | 0.82 | Add | PB1x FY20 |
02/26/20 | UOB Kay Hian | Penguin | 0.71 | 0.85 | Buy | |
02/27/20 | phillip | Penguin | 0.675 | 0.88 | Buy | PER5x FY20 (ex-cash) |
04/15/20 | Lim & Tan | Penguin | 0.495 | 0.7 | Buy | PB1x |
06/01/20 | Lim & Tan | Penguin | 0.5 | 0 | Buy | |
06/03/20 | phillip | Penguin | 0.525 | 0.55 | Accumulate | PB0.7x FY20 |
06/10/20 | UOB Kay Hian | Penguin | 0.52 | 0.6 | Buy | |
06/18/20 | CIMB | Penguin | 0.49 | 0.55 | Add | |
08/12/20 | UOB Kay Hian | Penguin | 0.43 | 0.42 | Hold | Buy @ $0.34 |
Parkway Life - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
07/31/19 | Lim & Tan | Parkway Life | 3.06 | 0 | Hold | |
08/01/19 | UOB Kay Hian | Parkway Life | 3.06 | 3.25 | Buy | |
08/01/19 | DBS Vickers | Parkway Life | 3.06 | 3.35 | Buy | |
10/31/19 | Lim & Tan | Parkway Life | 3.24 | 0 | Hold | |
11/01/19 | UOB Kay Hian | Parkway Life | 3.27 | 3.58 | Buy | DDM |
11/01/19 | CIMB | Parkway Life | 3.27 | 3.26 | Hold | |
01/22/20 | Lim & Tan | Parkway Life | 3.4 | 0 | Hold | |
01/29/20 | UOB Kay Hian | Parkway Life | 3.6 | 3.78 | Buy | DDM |
02/13/20 | DBS Vickers | Parkway Life | 3.56 | 4 | Buy | DCF |
04/23/20 | UOB Kay Hian | Parkway Life | 3.34 | 3.78 | Buy | DDM |
04/23/20 | CIMB | Parkway Life | 3.34 | 3.38 | Hold | DDM |
04/27/20 | Lim & Tan | Parkway Life | 3.31 | 0 | Hold | |
07/29/20 | UOB Kay Hian | Parkway Life | 3.44 | 3.8 | Buy | DDM |
07/29/20 | Lim & Tan | Parkway Life | 3.44 | 0 | Hold | |
07/30/20 | CIMB | Parkway Life | 3.44 | 3.43 | Hold |