Keppel Corp - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/28/20	Macquarie	Keppel Corp	6.03	7	Outperform
05/29/20	DBS Vickers	Keppel Corp	5.97	6.8	Buy
05/29/20	CIMB	Keppel Corp	5.97	7.48	Add	Sum of parts
05/29/20	DMG & Partners	Keppel Corp	5.97	7.3	Buy
06/02/20	UOB Kay Hian	Keppel Corp	5.96	7.15	Buy
06/09/20	Lim & Tan	Keppel Corp	6.23	0	Buy
07/07/20	DMG & Partners	Keppel Corp	6.16	7.3	Buy
07/14/20	Macquarie	Keppel Corp	6.01	7	Outperform	Sum of parts
07/27/20	Lim & Tan	Keppel Corp	5.71	0	Buy on weakness
08/03/20	UOB Kay Hian	Keppel Corp	5.4	7.1	Buy	Sum of parts
08/03/20	DMG & Partners	Keppel Corp	5.4	7.3	Buy	Sum of parts
08/03/20	DBS Vickers	Keppel Corp	5.4	6.4	Buy	sum of parts, PB1x
08/03/20	CIMB	Keppel Corp	5.4	6.46	Add	Sum of parts
08/03/20	OCBC	Keppel Corp	5.4	6.4	Buy
08/11/20	Amfrasers	Keppel Corp	5.4	6.34	Outperform	Sum of parts
08/11/20	DBS Vickers	Keppel Corp	5.4	5.5	Hold	Sum of parts, PB1x
08/11/20	Lim & Tan	Keppel Corp	5.4	0	Hold
08/11/20	UOB Kay Hian	Keppel Corp	5.4	6.7	Buy	Sum of parts
09/02/20	Lim & Tan	Keppel Corp	4.55	0	Accumulate
09/22/20	Lim & Tan	Keppel Corp	4.19	0	Buy
09/22/20	CIMB	Keppel Corp	4.19	6.46	Add	Sum of parts
09/22/20	UOB Kay Hian	Keppel Corp	4.19	6.3	Buy	Sum of parts
09/30/20	DBS Vickers	Keppel Corp	4.3	5.5	Buy	Sum of parts, PB0.9x FY20
10/02/20	Lim & Tan	Keppel Corp	4.51	0	Buy
10/12/20	CIMB	Keppel Corp	4.49	6.46	Add	Sum of parts
10/12/20	Lim & Tan	Keppel Corp	4.49	5.63	Buy	Sum of parts
10/29/20	UOB Kay Hian	Keppel Corp	4.34	6.3	Buy
10/30/20	DBS Vickers	Keppel Corp	4.27	5.5	Buy	Sum of parts
11/03/20	OCBC	Keppel Corp	4.34	6	Buy
11/03/20	CIMB	Keppel Corp	4.34	6.46	Add	Sum of parts
11/23/20	Lim & Tan	Keppel Corp	5.15	0	Buy
12/03/20	Phillip	Keppel Corp	5.15	6.12	Buy	Sum of parts
12/04/20	Lim & Tan	Keppel Corp	5.15	0	Accumulate
01/05/21	Phillip	Keppel Corp	5.42	6.12	Buy
01/25/21	UOB Kay Hian	Keppel Corp	5.64	6.3	Buy
01/29/21	UOB Kay Hian	Keppel Corp	5.46	6.1	Buy
01/29/21	CIMB	Keppel Corp	5.46	6.4	Add	Sum of parts
01/29/21	DBS Vickers	Keppel Corp	5.46	5.85	Hold	Sum of parts, PB1.1x FY21
01/29/21	OCBC	Keppel Corp	5.46	5.2	Hold
01/29/21	Lim & Tan	Keppel Corp	5.46	0	Accumulate
02/01/21	Phillip	Keppel Corp	5.01	6.12	Buy	Sum of parts (10% discount), PB1x FY21
03/17/21	UOB Kay Hian	Keppel Corp	5.18	6.1	Buy	PB
03/17/21	OCBC	Keppel Corp	5.18	5.5	Buy
03/17/21	Lim & Tan	Keppel Corp	5.22	0	Buy
03/31/21	CIMB	Keppel Corp	5.34	6.4	Add	Sum of parts
04/23/21	CIMB	Keppel Corp	5.33	6.4	Add	Sum of parts
04/23/21	UOB Kay Hian	Keppel Corp	5.33	6.37	Buy
04/23/21	DBS Vickers	Keppel Corp	5.33	6.2	Buy	PB1x
04/23/21	Lim & Tan	Keppel Corp	5.33	0	Accumulate
04/26/21	Phillip	Keppel Corp	5.45	6.12	Buy	Sum of parts (10% discount), PB1x FY21
05/05/21	CIMB	Keppel Corp	5.33	6.4	Add	Sum of parts
05/11/21	Lim & Tan	Keppel Corp	5.31	0	Accumulate
06/08/21	CIMB	Keppel Corp	5.35	6.4	Add
06/09/21	Phillip	Keppel Corp	5.29	6.12	Buy	Sum of parts (10% discount), PB1x FY21
06/09/21	UOB Kay Hian	Keppel Corp	5.29	6.37	Buy	Sum of parts
06/25/21	OCBC	Keppel Corp	5.11	6.33	Buy
06/28/21	Phillip	Keppel Corp	5.4	6.2	Buy	Sum of parts (10% discount), PB1x FY21
06/28/21	DBS Vickers	Keppel Corp	5.4	6.2	Buy	PB1x
06/29/21	Macquarie	Keppel Corp	5.6	5.44	Neutral
07/06/21	Phillip	Keppel Corp	5.37	6.12	Buy
07/07/21	UOB Kay Hian	Keppel Corp	5.42	6.37	Buy

Jumbo - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/18/20	DMG & Partners	Jumbo	0.25	0.19	Sell	DCF
05/18/20	DBS Vickers	Jumbo	0.25	0.21	Fully Valued	PER18x FY21
05/18/20	CIMB	Jumbo	0.25	0.2	Reduce
06/16/20	DMG & Partners	Jumbo	0.29	0.19	Sell
08/28/20	DMG & Partners	Jumbo	0.345	0.19	Sell
09/11/20	DBS Vickers	Jumbo	0.325	0.21	Fully Valued
11/27/20	DBS Vickers	Jumbo	0.32	0.22	Fully Valued	PER20x FY21
11/30/20	UOB Kay Hian	Jumbo	0.33	0.27	Sell
11/30/20	DMG & Partners	Jumbo	0.33	0.19	Sell	DCF
05/20/21	DBS Vickers	Jumbo	0.34	0.21	Fully Valued	PER18x FY22

Stock calls for 8 July 2021

Date	Analyst	Company	Last	Target	Call	Valuation
07/08/21	CIMB	GKE	0.145	0.21	Add
07/08/21	UOB Kay Hian	Golden Energy	0.34	0.54	Buy

The US Fed minutes showed that the fed was behind the inflation curve.

https://www.cnbc.com/2021/07/07/federal-reserve-releases-minutes-of-its-june-15-16-meeting.html

The US FED is indulging in self-deception which will cause more volatilities for the stock market.

We had analyzed the US inflation issues in our first 3 videos below.

http://sg-stock.blogspot.com/2021/06/our-first-webcast-is-current-inflation.html

https://sg-stock.blogspot.com/2021/06/webcast-2-current-inflation-is-real-and.html

http://sg-stock.blogspot.com/2021/06/webcast-3-what-was-us-fed-thinking.html

If the US FED doesn't want to conduct QE tapering and raise its benchmark rates, the only solution left will be to remove the US-China tariffs in Q3 2021 to contain the US inflation.  We had already stated this solution in our video.

Jiutian - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/24/20	Amfrasers	Jiutian	0.046	0.068	Outperform	PER8x
09/07/20	Amfrasers	Jiutian	0.05	0.068	Outperform
11/04/20	UOB Kay Hian	Jiutian	0.098	0.16	Buy	PER5x FY21
11/12/20	UOB Kay Hian	Jiutian	0.115	0.18	Buy	PER5x FY21
11/26/20	Amfrasers	Jiutian	0.086	0.14	Not Rated
01/18/21	CIMB	Jiutian	0.1	0.145	Add	PER5.7x FY22
02/03/21	Amfrasers	Jiutian	0.104	0.155	Not Rated
02/24/21	UOB Kay Hian	Jiutian	0.107	0.128	Buy	PER5x FY21
02/25/21	CIMB	Jiutian	0.096	0.135	Add	PER5.7x FY22
04/13/21	CIMB	Jiutian	0.102	0.135	Add	PER5.7x FY22
04/29/21	CIMB	Jiutian	0.1	0.15	Add
05/06/21	UOB Kay Hian	Jiutian	0.096	0.138	Buy	PER5x FY21
05/18/21	Amfrasers	Jiutian	0.096	0.145	Outperform	PER7x FY22