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Wednesday, August 14, 2019

Stock calls for 14 August 2019

Date Analyst Company Last Target Call Valuation
08/14/19 Kim Eng AEM 1.09 1.4 Buy
08/14/19 DMG & Partners Bumitama 0.6 0.54 Neutral PER14x FY20
08/14/19 Macquarie Capitaland 3.42 4.15 Outperform
08/14/19 CIMB Comfortdelgro 2.62 2.78 Add DCF
08/14/19 DMG & Partners Comfortdelgro 2.62 2.55 Neutral DCF
08/14/19 OCBC Comfortdelgro 2.62 2.91 Hold
08/14/19 phillip Comfortdelgro 2.62 2.99 Accumulate PER18.6x FY19
08/14/19 UOB Kay Hian Comfortdelgro 2.62 2.95 Buy
08/14/19 DBS Vickers Comfortdelgro 2.62 2.59 Hold
08/14/19 DMG & Partners Delfi 1.24 1.68 Buy DCF, PER28x FY19
08/14/19 Lim & Tan Fu Yu 0.215 0 Buy
08/14/19 DMG & Partners Fu Yu 0.215 0.24 Buy DCF
08/14/19 UOB Kay Hian Fu Yu 0.215 0.285 Buy
08/14/19 DMG & Partners HRnetGroup 0.66 0.94 Buy DCF
08/14/19 Lim & Tan Innotek 0.5 0 Buy on weakness
08/14/19 OCBC Mapletree North Asia 1.28 1.43 Buy
08/14/19 OCBC Singtel 3.18 3.61 Buy
08/14/19 DIR Venture 15.28 17.9 Outperform
08/14/19 OCBC Venture 15.28 18.42 Buy PER14x
08/14/19 DMG & Partners Wilmar 4.05 4.5 Buy Sum of parts
08/14/19 UOB Kay Hian Wilmar 4.05 4.5 Buy
08/14/19 OCBC Yanlord 1.13 1.68 Buy

The US will close 12,000 retailers in 2019.

https://finance.yahoo.com/news/25-retailers-already-announced-close-132806255.html

The US economy is deteriorating fast and furious because 12,000 retailers will close down in 2019.  If 3 people are needed to manage a retail shop, there will be 36,000 retrenched people.

Trump's tariffs are expediting this shutdown.

No frenzy buying in the stock markets after the US delays the China tariffs.

There isn't any frenzy buying in the stock market today after the US delays the China tariffs.

What does this show?

This shows that President Trump has completely lost his credibility because the current investors don't want to be trapped by his gambit.  He may tweet again next week to slaughter the investors who buy into this euphoria.  This uncertainty is holding back many investors.

Trump is losing his power to manipulate the stock markets now which is a piece of great news.

Tuesday, August 13, 2019

Trump has backed down from his tariffs in Sept 2019.

https://finance.yahoo.com/news/stock-market-news-august-13-2019-124507840.html

Trump has decided to defer his tariffs to December 2019 instead.  Hahaha!

Didn't we tell you that Trump would back down!

http://sg-stock.blogspot.com/2019/08/trump-is-in-trouble-because-china-is-no.html


Hahaha! Trump shoves farm products down PM Abe's throat.

https://www.channelnewsasia.com/news/business/us-president-trump-asked-japan-pm-to-buy-farm-products-kyodo-11805390

PM Abe will lose his supporters if he agrees to US farm imports because most of his supporters are farmers too.  The farm sector is a very sensitive topic in Japan.

HMI - Stock calls

Date Analyst Company Last Target Call Valuation
01/23/19 phillip HMI 0.540 0.77 Buy
02/13/19 UOB Kay Hian HMI 0.535 0.73 Buy DCF
02/14/19 phillip HMI 0.550 0.77 Buy DCF
05/14/19 Kim Eng HMI 0.540 0.68 Buy DCF, PER27x FY20
05/15/19 phillip HMI 0.530 0.73 Buy DCF
05/15/19 CIMB HMI 0.530 0.68 Add DCF
05/15/19 UOB Kay Hian HMI 0.530 0.73 Buy DCF
05/16/19 Kim Eng HMI 0.545 0.66 Buy DCF
06/18/19 UOB Kay Hian HMI 0.635 0.73 Buy DCF
07/08/19 UOB Kay Hian HMI 0.660 0.73 Accept offer offer at $0.73
07/08/19 Kim Eng HMI 0.660 0.66 Hold DCF, accept offer at $0.73
07/08/19 CIMB HMI 0.660 0.68 Add offer at $0.73
07/09/19 phillip HMI 0.720 0.73 Accept offer offer at $0.73

Hi-P - Stock calls

Date Analyst Company Last Target Call Valuation
01/08/19 Kim Eng Hi-P 0.965 0.68 Sell PB0.8x
02/22/19 DBS Vickers Hi-P 1.05 1.12 Hold PER10x FY19
02/25/19 Kim Eng Hi-P 1.14 1.22 Hold PB1.5x
03/13/19 Lim & Tan Hi-P 1.75 0 Avoid overvalued
04/09/19 Kim Eng Hi-P 1.63 1.22 Sell PB1.5x FY19
05/06/19 DBS Vickers Hi-P 1.44 1.41 Hold PER12x FY19
05/06/19 Kim Eng Hi-P 1.44 1.22 Sell PB1.5x FY19
06/11/19 Kim Eng Hi-P 1.29 1.22 Hold PB1.5x FY19
07/19/19 DBS Vickers Hi-P 1.43 1.41 Hold PER12x FY19
08/05/19 DBS Vickers Hi-P 1.34 1.32 Hold PER12x FY20

Haw Par - Stock calls

Date Analyst Company Last Target Call Valuation
02/28/19 Lim & Tan Haw Par 12.39 0 Buy

Stock calls for 13 August 2019

Date Analyst Company Last Target Call Valuation
08/13/19 CIMB APAC Realty 0.51 0.6 Add PER10x FY20
08/13/19 CIMB CEI 0.985 0.9 Hold PER10x FY20
08/13/19 phillip China Aviation Oil 1.18 1.52 Buy PER10.5x FY20
08/13/19 DMG & Partners China Aviation Oil 1.18 1.5 Buy Sum of parts
08/13/19 DBS Vickers China Aviation Oil 1.18 1.85 Buy
08/13/19 OCBC City Developments 9.04 10.68 Buy
08/13/19 DMG & Partners City Developments 9.04 9.2 Neutral RNAV (40% discount)
08/13/19 DBS Vickers City Developments 9.04 11 Buy RNAV (30% discount)
08/13/19 CIMB Dairy Farm 6.98 7.29 Hold
08/13/19 CIMB First Reit 1.06 1.23 Add
08/13/19 DMG & Partners Food Empire 0.525 0.73 Buy PER13x FY19
08/13/19 DBS Vickers Frencken 0.66 0.8 Buy
08/13/19 CIMB Frencken 0.66 0.9 Add
08/13/19 DMG & Partners Frencken 0.66 0.82 Buy DCF
08/13/19 DBS Vickers Frencken 0.66 0.8 Buy PER8.5x
08/13/19 DMG & Partners Kimly 0.235 0.23 Neutral DCF
08/13/19 DBS Vickers Riverstone 0.9 1.16 Buy PER14.5x FY20
08/13/19 CIMB Sasseur 0.805 0.94 Add DDM
08/13/19 Kim Eng Sheng Siong 1.18 0.96 Sell DCF
08/13/19 DBS Vickers SIIC 0.235 0.265 Hold
08/13/19 Phillip Singtel 3.26 3.45 Accumulate Sum of parts
08/13/19 DMG & Partners Singtel 3.26 3.4 Neutral Sum of parts
08/13/19 CIMB Singtel 3.26 3.6 Add Sum of parts
08/13/19 UOB Kay Hian Singtel 3.26 3.32 Hold
08/13/19 DBS Vickers Singtel 3.26 3.25 Hold EV/Ebitda6.3x
08/13/19 CIMB Starhub 1.45 1.65 Hold DCF
08/13/19 OCBC UOL 7.2 8.5 Buy
08/13/19 DBS Vickers UOL 7.2 8.53 Buy PB0.8x
08/13/19 Lim & Tan UOL 7.2 0 Buy on weakness
08/13/19 Kim Eng Venture 14.76 18.88 Buy Roe-g/Coe-g, PB2.2x FY19
08/13/19 DMG & Partners Venture 14.76 16.3 Buy PER13x FY19
08/13/19 CIMB Venture 14.76 16.28 Add PER12,5x
08/13/19 UOB Kay Hian Venture 14.76 17.7 Buy
08/13/19 DBS Vickers Venture 14.76 18.6 Buy PER13.7x FY20
08/13/19 Lim & Tan Venture 14.76 0 Hold
08/13/19 CIMB Yangzijiang 1.04 1.61 Hold Sum of parts

The US police are doing violent crackdowns on US protestors!

https://sg.finance.yahoo.com/news/portland-oregon-braces-far-rally-050932238.html

Hey! Where's the human rights group?

Where is democracy in the US?

A violent crackdown on US protestors is unacceptable and is the work of a thuggish regime!

Mahathir skins SG again after attending our National Day Parade.

https://sg.finance.yahoo.com/news/malaysia-develop-480-mln-oil-072309235.html

Mahathir wants to destroy our oil trading hub.

Let's recap what he's done insofar.

http://sg-stock.blogspot.com/2019/07/mahathir-is-skinning-singapore-again.html

http://sg-stock.blogspot.com/2019/04/here-we-go-again-mahathir-is-at-it-again.html

http://sg-stock.blogspot.com/2019/01/singapore-ah-bengs-ranting-about.html

Singapore government has revised down SG GDP growth by close to 100%.

https://sg.finance.yahoo.com/news/singapore-cuts-growth-outlook-trade-war-bites-052350837--finance.html

Omg! SG government revises down our GDP growth tremendously (a complete wipeout).  Financially speaking, it will be a total loss.

How did SG end up having to cut its forecast by such a big margin? This was because our government had underestimated the US-China trade war since PM Lee thought that China would lose and bend over.  However, we disagreed with PM Lee in our post below.

http://sg-stock.blogspot.com/2019/05/pm-lee-has-made-judgment-error-on-china.html


Omg! Argentina is going into bankruptcy again!

https://finance.yahoo.com/news/markets-set-sell-off-argentina-030759260.html

The investors who bought the Argentinian 100-year bonds are going to suffer heavy losses.

https://qz.com/1686230/argentinas-100-year-bonds-dive-on-primary-election-shock/?utm_source=YPL&yptr=yahoo

What are the world crises now?

US-China trade war
Brexit
Japan-Korea trade war
India-Pakistan (Kashmir) military war
Iran sanction
Venezuela sanction
HK protests
North Korea

Hong Kong protestors are back at the airport and hospital.


Passengers are stuck at the airport because their flights are cancelled today.

https://www.channelnewsasia.com/news/asia/hong-kong-airport-reopens-flights-cancelled-protests-11803916

The protestors also occupy the hospital now.

Monday, August 12, 2019

Anti-protestors are emerging in Hong Kong.

We've stated the black-tee protestors would be at the receiving end in the end.

http://sg-stock.blogspot.com/2019/08/hong-kong-stops-all-air-flights-today.html

HSBC is a rogue bank!


http://sg-stock.blogspot.com/2019/08/hsbc-is-in-trouble-now-because-of-hk.html

Hong Kong stops all air flights today!


HK protestors occupy HK airport again.  All flights are being cancelled today.

These protestors will be at the receiving end when public wrath starts to rear its head.  When will this happen? When HK economy plunges into a great recession and huge retrenchments begin, these retrenched Hongkongers will vent their frustrations by attacking the black-tee protestors.

The day of reckoning will come.......it's just a matter of when.

The US diplomat that met the protestors in HK.

https://www.rt.com/news/466078-hong-kong-us-joshua-wong/

Julie Eadeh was the diplomat that met the HK protestors.

If you tell me that the US is not involved in the HK protests, I don't believe it because I don't see diplomats from other countries meeting with the HK protestors.

Sunday, August 11, 2019

HSBC is in trouble now because of HK protests.

https://www.scmp.com/business/banking-finance/article/3022219/hsbcs-greater-china-head-helen-wong-quits-bank-loses

There was a rumour in the banking industry that a HSBC account was used to fund the HK protests.  China has found the opportunity to punish HSBC now after it set Huawei up.

The top honchos of HSBC have been forced to leave now.  If not, China will come down hard on HSBC.

The US-China trade war is escalating! - Part 2

https://ca.finance.yahoo.com/news/china-ex-central-bankers-warn-052125447.html

China ex-central bankers are warning that the current US-China trade war will deteriorate into full-blown currency and financial wars.

We've already stated the 4 stages of the escalation below.

https://sg-stock.blogspot.com/2019/08/the-us-china-trade-war-is-escalating.html

Trade war -----> Currency war -----> Financial war ------> Economic war

This warning means that the Chinese don't expect to engage in an economic war with the US since there is no mention of the economic war and the worst outcome will be a financial war.

What is a financial war?

A financial war will mean that both sides do not allow each other to use its own financial clearing and paying systems.  Currently, the world is mostly using the US financial clearing and paying systems such as telegraphic transfers (SWIFT), credit card systems (visa, master, amex), etc.  Therefore, China will be at the losing end because its financial clearing and paying systems (alipay, wechat pay, union pay) are not well established yet and the US doesn't use it except in China.  I foresee that China will enforce all payments be settled in RMB during the financial war so that it can bypass the US systems and USD.

Let's see how this will pan out first before we discuss this further.

Saturday, August 10, 2019

Why did the US and Taiwan engineer the Hong Kong protests?

It is easy to comprehend Taiwan's motive for supporting HK protests because it wants to gain independence and reject the 1 country 2 systems structure.

However, the US has a more sinister motive in engineering the HK protests.

The US embassy has about 1,000 staffs in HK.  Why does the US put so many of its own people in a small country like HK?  HK has about 7m people and this means that 1 US staff can monitor 700 Hongkongers.

The US is using HK to gather a lot of intelligence because China has decimated its spying network in the mainland.

https://sg-stock.blogspot.com/2019/07/the-truth-behind-hk-protests.html

Therefore, the US will reject HK's extradition bill at all costs because it wants to protect its own citizens from any crime especially from espionage.  Although the bill is dead, the US still continues to engineer more protests because it feels that it can make more demands.

The outcome of this whole event will be very bad and the Hongkongers will be the ones paying a huge price.

IMF defended China after the US called it a currency manipulator.

https://sg.finance.yahoo.com/news/imf-says-china-may-more-201233307.html

The US called China a currency manipulator after China's refusal to support its RMB.  Basically, the US wants China to manipulate its RMB.  When China refuses to do so, the US labels China as a manipulator.  Does this sound right?

The IMF has come out to defend China now because it is really ridiculous to label China as a manipulator when China stops intervening its RMB.

http://sg-stock.blogspot.com/2019/08/the-us-has-labelled-china-as-currency.html

The US is making itself a laughing stock in the whole world.

Baltic dry index - 1748

Today, Friday, August 09 2019, the Baltic Dry Index climbed by 28 points, reaching 1748 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 stock: Sembcorp Marine, Cosco & Pan ocean.

US rig count - 934

Related stock: Keppel Corp, Sembcorp Marine & Cosco.

Friday, August 9, 2019

The US-China trade war is escalating!

https://www.yahoo.com/news/u-holds-off-huawei-licenses-210704605.html

Timeline of escalation:

The US would impose 10% additional China tariffs on 1 September 2019.

China retaliated by suspending US agricultural purchases and also stopped its support for RMB-US $7 level.

The US withheld Huawei licences.

========================

We can see that the trade war has metastasized.  The escalation pattern is usually depicted in the following 4 stages.

Trade war -----> Currency war -----> Financial war ------> Economic war

We are currently at the beginning of stage 2 (currency war).

Thursday, August 8, 2019

GSS Energy - Stock calls

Date Analyst Company Last Target Call Valuation
01/07/19 DMG & Partners GSS Energy 0.097 0.19 Buy
03/04/19 DMG & Partners GSS Energy 0.112 0.17 Buy DCF
05/14/19 DMG & Partners GSS Energy 0.081 0.08 Neutral DCF
06/06/19 DMG & Partners GSS Energy 0.069 0.08 Neutral

Grand Venture - Stock calls

Date Analyst Company Last Target Call Valuation
04/04/19 CIMB Grand Venture 0.25 0.34 Add PER10x FY20

Golden Energy - Stock calls

Date Analyst Company Last Target Call Valuation
02/13/19 phillip Golden Energy 0.245 0.36 Buy
03/07/19 phillip Golden Energy 0.235 0.3 Buy PER10x
04/26/19 phillip Golden Energy 0.215 0.3 Buy
05/24/19 phillip Golden Energy 0.198 0.24 Accumulate PER10x
06/03/19 phillip Golden Energy 0.198 0.24 Accumulate
07/04/19 phillip Golden Energy 0.225 0.24 Accumulate

Stock calls for 8 August 2019

Date Analyst Company Last Target Call Valuation
08/08/19 Phillip APAC Realty 0.515 0.58 Buy DCF
08/08/19 UOB Kay Hian BRC Asia 1.31 1.75 Buy PER11.5x FY20
08/08/19 DMG & Partners China Aviation Oil 1.23 1.6 Buy
08/08/19 phillip China Sunsine 1.08 1.43 Buy FCFE
08/08/19 phillip EC World Reit 0.735 0.87 Buy DDM
08/08/19 DMG & Partners EC World Reit 0.735 0.82 Buy DDM
08/08/19 DMG & Partners Jumbo 0.375 0.47 Buy DCF
08/08/19 UOB Kay Hian Jumbo 0.375 0.37 Hold
08/08/19 UOB Kay Hian Koufu 0.71 0.95 Buy
08/08/19 DBS Vickers Koufu 0.71 0.88 Buy PER17x FY20
08/08/19 DBS Vickers Sasseur 0.8 0.97 Buy DCF
08/08/19 DMG & Partners Singapore Medical 0.37 0.48 Buy DCF
08/08/19 Kim Eng Singtel 3.29 3.44 Hold Sum of parts

Wednesday, August 7, 2019

Golden Agri - Stock calls

Date Analyst Company Last Target Call Valuation
01/03/19 UOB Kay Hian Golden Agri 0.245 0.2 Sell
01/28/19 DMG & Partners Golden Agri 0.27 0.23 Sell Sum of parts, PER10x, cut from $0.39
02/20/19 OCBC Golden Agri 0.255 0.24 Hold
02/27/19 DMG & Partners Golden Agri 0.28 0.23 Sell Sum of parts
02/28/19 UOB Kay Hian Golden Agri 0.28 0.21 Sell
03/01/19 CIMB Golden Agri 0.275 0.23 Reduce Sum of parts (10% discount)
03/01/19 OCBC Golden Agri 0.275 0.27 Hold
04/09/19 OCBC Golden Agri 0.315 0.29 Hold PB0.65x
04/09/19 CIMB Golden Agri 0.315 0.23 Reduce
04/22/19 UOB Kay Hian Golden Agri 0.295 0.21 Sell
05/14/19 OCBC Golden Agri 0.275 0.29 Hold
05/15/19 DMG & Partners Golden Agri 0.275 0.23 Sell Sum of parts
05/27/19 OCBC Golden Agri 0.265 0.27 Hold
05/28/19 CIMB Golden Agri 0.26 0.23 Reduce Sum of parts (10% discount)
05/28/19 UOB Kay Hian Golden Agri 0.26 0.21 Sell

GL Ltd - Stock calls

Date Analyst Company Last Target Call Valuation
02/07/19 Lim & Tan GL Ltd 0.735 1.76 Buy Sum of parts

Geo Energy - Stock calls

Date Analyst Company Last Target Call Valuation
01/04/19 phillip Geo Energy 0.176 0.245 Buy
02/13/19 phillip Geo Energy 0.198 0.245 Buy
03/18/19 phillip Geo Energy 0.183 0.245 Buy
03/25/19 phillip Geo Energy 0.186 0.215 Accumulate PER10x
03/26/19 Amfrasers Geo Energy 0.182 0.19 Hold DCF
04/26/19 phillip Geo Energy 0.176 0.215 Accumulate
05/29/19 phillip Geo Energy 0.148 0.15 Neutral PER10x
06/03/19 phillip Geo Energy 0.149 0.15 Neutral
07/04/19 phillip Geo Energy 0.155 0.15 Neutral

Stock calls for 7 August 2019

Date Analyst Company Last Target Call Valuation
08/07/19 OCBC Capitaland 3.48 4.04 Buy
08/07/19 DBS Vickers Jumbo 0.38 0.47 Buy PER23x FY20
08/07/19 Kim Eng Netlink 0.865 0.94 Buy DDM
08/07/19 DBS Vickers Netlink 0.865 0.95 Buy DCF
08/07/19 phillip Penguin 0.495 0.61 Buy PER5x FY19 (ex-cash)
08/07/19 OCBC Singapore Post 0.945 1 Hold
08/07/19 DBS Vickers Singtel 3.52 3.4 Hold Sum of parts
08/07/19 Phillip Starhub 1.48 1.58 Accumlate EV/Ebitda6x
08/07/19 DMG & Partners Starhub 1.48 1.52 Neutral DCF
08/07/19 OCBC Starhub 1.48 1.52 Hold
08/07/19 UOB Kay Hian Starhub 1.48 1.45 Sell
08/07/19 DBS Vickers Starhub 1.48 1.55 Hold EV/Ebitda 6.6x FY19
08/07/19 UOB Kay Hian Sunningdale 1.28 1.01 Sell
08/07/19 DBS Vickers Yangzijiang 1.37 1.82 Buy Sum of parts

Tuesday, August 6, 2019

Many analysts don't understand economics at all.

https://finance.yahoo.com/news/china-could-unleash-this-weapon-on-the-financial-markets-to-wallop-the-us-152709274.html

The analysts who suggested that China could be selling its US treasuries to punish the US were either stupid or didn't understand economics at all.

We've stated before that China would not sell its US treasuries to punish the US but only to support its RMB.

http://sg-stock.blogspot.com/2019/06/china-has-started-to-sell-us-treasuries.html

We left out the US treasuries in our post below because we knew that the US treasuries would not be one of the cards that China would hand out.

http://sg-stock.blogspot.com/2019/08/how-many-cards-can-china-use-against-us.html

Genting - Stock calls

Date Analyst Company Last Target Call Valuation
01/02/19 DMG & Partners Genting 0.975 1.23 Buy DCF
01/15/19 Kim Eng Genting 1.03 1.26 Buy EV/Ebitda9x FY19
01/28/19 UOB Kay Hian Genting 1.06 1.38 Buy EV/Ebitda10x FY19
02/15/19 DMG & Partners Genting 1.1 1.23 Buy DCF
02/22/19 CIMB Genting 1.11 1.28 Add EV/Ebitda9x CY20
02/22/19 OCBC Genting 1.11 1.31 Buy FCFE
02/22/19 DMG & Partners Genting 1.11 1.22 Buy DCF
02/22/19 UOB Kay Hian Genting 1.11 1.32 Buy
02/22/19 Kim Eng Genting 1.11 1.26 Buy EV/Ebitda9x FY19
02/25/19 DBS Vickers Genting 1.07 1.54 Buy EV/Ebitda12x
03/13/19 DMG & Partners Genting 1.02 1.22 Buy
03/26/19 CIMB Genting 1.03 1.28 Add
04/04/19 UOB Kay Hian Genting 1.07 1.26 Buy EV/Ebitda 9x
04/04/19 DMG & Partners Genting 1.07 1.08 Neutral DCF
04/04/19 CIMB Genting 1.07 1.11 Add EV/Ebitda8x
04/04/19 OCBC Genting 1.07 1.31 Buy
04/04/19 DBS Vickers Genting 1.07 1.54 Buy EV/Ebitda 12x
04/04/19 Kim Eng Genting 1.07 1.12 Hold EV/Ebitda 8x FY19
04/04/19 Citibank Genting 1.07 1.28 Buy
05/10/19 Kim Eng Genting 0.95 1.04 Hold
05/10/19 OCBC Genting 0.95 1.23 Buy
05/10/19 DMG & Partners Genting 0.95 1.02 Neutral DCF
05/10/19 CIMB Genting 0.95 1.06 Add EV/Ebitda8x CY20
05/10/19 UOB Kay Hian Genting 0.95 1.26 Buy
05/10/19 DBS Vickers Genting 0.95 1.2 Buy DCF
05/10/19 Citibank Genting 0.95 1.16 Buy
06/06/19 DMG & Partners Genting 0.86 1.02 Neutral
06/24/19 CIMB Genting 0.93 1.06 Add
08/05/19 DMG & Partners Genting 0.9 0.97 Neutral EV/Ebitda7x FY19
08/05/19 UOB Kay Hian Genting 0.9 1.11 Buy
08/06/19 Kim Eng Genting 0.885 0.99 Hold
08/06/19 Citibank Genting 0.885 1.07 Buy
08/06/19 CIMB Genting 0.885 1 Add EV/Ebitda8x CY20
08/06/19 DBS Vickers Genting 0.885 1.2 Buy
08/06/19 Lim & Tan Genting 0.885 0 Hold

Fu Yu - Stock calls

Date Analyst Company Last Target Call Valuation
01/02/19 DMG & Partners Fu Yu 0.19 0.23 Buy DCF
01/04/19 UOB Kay Hian Fu Yu 0.186 0.27 Buy EV/Ebitda 5.3x FY19
01/15/19 CIMB Fu Yu 0.2 0.2 Hold PB0.9x
02/08/19 UOB Kay Hian Fu Yu 0.205 0.27 Buy
02/27/19 UOB Kay Hian Fu Yu 0.21 0.285 Buy
02/27/19 Lim & Tan Fu Yu 0.21 0 Buy
02/28/19 DMG & Partners Fu Yu 0.215 0.24 Buy DCF
02/28/19 CIMB Fu Yu 0.215 0.2 Hold
03/13/19 DMG & Partners Fu Yu 0.205 0.24 Buy
03/26/19 UOB Kay Hian Fu Yu 0.2 0.285 Buy
04/15/19 UOB Kay Hian Fu Yu 0.205 0.285 Buy EV/Ebitda5.5x
05/07/19 DMG & Partners Fu Yu 0.21 0.24 Buy DCF
05/10/19 UOB Kay Hian Fu Yu 0.205 0.285 Buy
05/10/19 Lim & Tan Fu Yu 0.205 0 Buy
06/06/19 DMG & Partners Fu Yu 0.19 0.24 Buy
06/13/19 UOB Kay Hian Fu Yu 0.2 0.29 Buy
07/09/19 DMG & Partners Fu Yu 0.215 0.24 Buy DCF
07/15/19 UOB Kay Hian Fu Yu 0.215 0.29 Buy