Date | Analyst | Company | Last | Target | Call | Valuation |
01/03/17 | DMG & Partners | Riverstone | 0.88 | 0.93 | Neutral | |
02/24/17 | CIMB | Riverstone | 0.91 | 0.91 | Hold | PER16.4x CY18 |
02/24/17 | Kim Eng | Riverstone | 0.91 | 0.83 | Hold | PER16x FY17 |
05/05/17 | Kim Eng | Riverstone | 0.885 | 1.05 | Buy | |
05/05/17 | Lim & Tan | Riverstone | 0.885 | 1.06 | Buy | PER16x |
05/08/17 | CIMB | Riverstone | 0.96 | 1.11 | Add | PER18.3x FY18 |
05/08/17 | DBS Vickers | Riverstone | 0.96 | 1.07 | Buy | PER16x FY18 |
08/04/17 | Lim & Tan | Riverstone | 1.065 | 0 | Hold | |
08/04/17 | DBS Vickers | Riverstone | 1.065 | 1.07 | Buy | PER16x FY18 |
08/07/17 | CIMB | Riverstone | 1.05 | 1.2 | Add | PER16.3x FY18 |
08/07/17 | Kim Eng | Riverstone | 1.05 | 1.05 | Hold | |
08/08/17 | DBS Vickers | Riverstone | 1.055 | 1.09 | Hold | PER16x FY18 |
11/09/17 | Kim Eng | Riverstone | 1.065 | 1.05 | Hold | PER16x FY18 |
11/09/17 | DBS Vickers | Riverstone | 1.065 | 1.09 | Hold | |
02/26/18 | CIMB | Riverstone | 1.04 | 1.28 | Add | PER18.6x FY19 |
02/26/18 | DBS Vickers | Riverstone | 1.04 | 1.27 | Buy | PER16x FY19 |
02/26/18 | Kim Eng | Riverstone | 1.04 | 1.22 | Buy | PER18x FY18 |
05/09/18 | DBS Vickers | Riverstone | 0.985 | 1.27 | Buy | |
05/09/18 | Lim & Tan | Riverstone | 0.985 | 0 | Hold | |
05/14/18 | CIMB | Riverstone | 1 | 1.28 | Add | |
08/08/18 | CIMB | Riverstone | 1.1 | 1.28 | Add | PER16.7x FY19 |
08/08/18 | DBS Vickers | Riverstone | 1.1 | 1.25 | Buy | PER16x FY19 |
08/20/18 | CIMB | Riverstone | 1.11 | 1.3 | Add | PER16.7x FY19 |
11/05/18 | DBS Vickers | Riverstone | 1.18 | 1.17 | Hold | PER16x FY19 |
11/05/18 | CIMB | Riverstone | 1.18 | 1.3 | Add | PER16.7x CY19 |
Wednesday, November 21, 2018
Riverstone - Stock calls
Religare Health Trust - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
02/07/17 | DBS Vickers | Religare Health Trust | 0.925 | 0.85 | Hold | DDM |
02/08/17 | CIMB | Religare Health Trust | 0.89 | 0.89 | Hold | DDM |
05/24/17 | DBS Vickers | Religare Health Trust | 0.92 | 0.85 | Hold | DDM, PB1x |
08/07/17 | CIMB | Religare Health Trust | 0.88 | 0.92 | Hold | DDM |
11/16/17 | DBS Vickers | Religare Health Trust | 0.895 | 0.85 | Hold | DDM, Offer $0.90 |
11/16/17 | CIMB | Religare Health Trust | 0.895 | 0.92 | Hold | DDM, PB1.08x |
02/14/18 | CIMB | Religare Health Trust | 0.83 | 0.92 | Hold | DDM |
03/20/18 | DBS Vickers | Religare Health Trust | 0.775 | 0.85 | Hold | |
06/14/18 | CIMB | Religare Health Trust | 0.765 | 0.81 | Hold | DDM |
Regal - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/18/17 | NRA | Regal | 0.145 | 0.315 | Overweight | |
03/20/17 | NRA | Regal | 0.149 | 0.3 | Overweight | RNAV (15% discount) |
06/19/17 | NRA | Regal | 0.143 | 0.3 | Overweight | |
12/11/17 | NRA | Regal | 0.135 | 0.3 | Overweight | |
04/10/18 | NRA | Regal | 0.13 | 0.3 | Overweight | |
08/23/18 | NRA | Regal | 0.11 | 0.3 | Overweight |
Stock calls for 21 November 2018
Date | Analyst | Company | Last | Target | Call | Valuation |
11/21/18 | Phillip | A-Reit | 2.55 | 2.78 | Accumulate | |
11/21/18 | phillip | Cache Logistics | 0.665 | 0.75 | Neutral | |
11/21/18 | Phillip | CapitaCommercial | 1.7 | 1.9 | Accumulate | |
11/21/18 | Phillip | Capitamall Trust | 2.2 | 2.09 | Neutral | |
11/21/18 | Phillip | CapitaRetail China | 1.35 | 1.66 | Accumulate | |
11/21/18 | DMG & Partners | China Aviation Oil | 1.22 | 1.32 | Neutral | |
11/21/18 | phillip | First Reit | 0.975 | 1.3 | Neutral | |
11/21/18 | Phillip | Frasers Centrepoint Trust | 2.15 | 2.21 | Neutral | |
11/21/18 | CIMB | Keppel Corp | 6.18 | 8.38 | Add | Sum of parts |
11/21/18 | Phillip | Keppel DC Reit | 1.35 | 1.45 | Accumulate | |
11/21/18 | Phillip | Mapletree Industrial | 1.84 | 1.99 | Neutral | |
11/21/18 | UOB Kay Hian | Netlink | 0.77 | 0.99 | Buy | DCF |
11/21/18 | OCBC | Yanlord | 1.26 | 2.04 | Buy | PEG |
Bitcoin is hit with another bad news!
https://sg.finance.yahoo.com/news/bitcoin-payments-distant-dream-usage-dries-124105616--sector.html
The commercial transactions in using bitcoin as payments have dropped by 80% in 2018.
This means that most of the bitcoin transactions are speculative trading, not some real commercial transactions.
We had stated previously that bitcoin was not feasible to be a payment mode.
http://sg-stock.blogspot.com/2018/01/the-truth-about-bitcoin.html
We will be updating our viewers with a detailed write-up on ICO & Crypto soon.
The commercial transactions in using bitcoin as payments have dropped by 80% in 2018.
This means that most of the bitcoin transactions are speculative trading, not some real commercial transactions.
We had stated previously that bitcoin was not feasible to be a payment mode.
http://sg-stock.blogspot.com/2018/01/the-truth-about-bitcoin.html
We will be updating our viewers with a detailed write-up on ICO & Crypto soon.
Tuesday, November 20, 2018
OMG! Noble Group is under CAD investigation now!
https://sg.finance.yahoo.com/news/singapore-probing-noble-group-false-statements-disclosure-breaches-080400483--sector.html
Commercial Affairs Dept (CAD) is investigating Noble Group for false statements, disclosure breaches and non-compliance of accounting standards. If a fraud is detected by CAD, Noble will be in a serious trouble.
Commercial Affairs Dept (CAD) is investigating Noble Group for false statements, disclosure breaches and non-compliance of accounting standards. If a fraud is detected by CAD, Noble will be in a serious trouble.
RE&S - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
11/17/17 | Phillip | RE & S | 0.22 | 0 | Subscribe | IPO |
Raffles Medical - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/03/17 | DMG & Partners | Raffles Medical | 1.43 | 1.76 | Buy | DCF |
01/03/17 | UOB Kay Hian | Raffles Medical | 1.43 | 1.7 | Buy | DCF |
01/19/17 | DIR | Raffles Medical | 1.475 | 1.49 | Hold | DCF |
02/08/17 | UOB Kay Hian | Raffles Medical | 1.455 | 1.7 | Buy | |
02/20/17 | CIMB | Raffles Medical | 1.48 | 1.46 | Reduce | Sum of parts |
02/20/17 | OCBC | Raffles Medical | 1.48 | 1.61 | Buy | |
02/21/17 | CIMB | Raffles Medical | 1.46 | 1.36 | Reduce | Sum of parts, EV/Ebitda23x CY17 |
02/21/17 | Credit Suisse | Raffles Medical | 1.46 | 1.6 | Neutral | |
02/21/17 | DBS Vickers | Raffles Medical | 1.46 | 1.4 | Hold | PER29x FY17/18 |
02/21/17 | DIR | Raffles Medical | 1.46 | 1.43 | Hold | DCF |
02/21/17 | DMG & Partners | Raffles Medical | 1.46 | 1.72 | Buy | DCF |
02/21/17 | Kim Eng | Raffles Medical | 1.46 | 1.7 | Buy | DCF |
02/21/17 | Lim & Tan | Raffles Medical | 1.46 | 0 | Hold | |
02/21/17 | OCBC | Raffles Medical | 1.46 | 1.6 | Buy | |
02/21/17 | UOB Kay Hian | Raffles Medical | 1.46 | 1.67 | Buy | |
02/22/17 | Phillip | Raffles Medical | 1.445 | 1.6 | Accumulate | DCF |
03/21/17 | UOB Kay Hian | Raffles Medical | 1.42 | 1.66 | Buy | |
03/24/17 | Kim Eng | Raffles Medical | 1.405 | 1.7 | Buy | DCF |
04/03/17 | OCBC | Raffles Medical | 1.415 | 1.6 | Buy | Sum of parts |
04/04/17 | CIMB | Raffles Medical | 1.43 | 1.36 | Reduce | Sum of parts |
04/04/17 | Credit Suisse | Raffles Medical | 1.43 | 1.6 | Neutral | |
04/04/17 | DIR | Raffles Medical | 1.43 | 1.63 | Outperform | DCF |
04/04/17 | DMG & Partners | Raffles Medical | 1.43 | 1.72 | Buy | Sum of parts |
04/05/17 | DBS Vickers | Raffles Medical | 1.445 | 1.4 | Hold | PER29x FY17/18 |
04/10/17 | UOB Kay Hian | Raffles Medical | 1.47 | 1.66 | Buy | DCF |
04/25/17 | CIMB | Raffles Medical | 1.415 | 1.37 | Reduce | Sum of parts |
04/25/17 | DIR | Raffles Medical | 1.415 | 1.56 | Outperform | DCF |
04/25/17 | DMG & Partners | Raffles Medical | 1.415 | 1.49 | Neutral | DCF |
04/25/17 | Kim Eng | Raffles Medical | 1.415 | 1.67 | Buy | DCF |
04/25/17 | Phillip | Raffles Medical | 1.415 | 1.49 | Accumulate | DCF |
04/25/17 | UOB Kay Hian | Raffles Medical | 1.415 | 1.52 | Hold | DCF, Buy @ $1.35 |
06/05/17 | Kim Eng | Raffles Medical | 1.365 | 1.54 | Buy | DCF |
06/08/17 | OCBC | Raffles Medical | 1.375 | 1.6 | Buy | |
06/19/17 | UOB Kay Hian | Raffles Medical | 1.355 | 1.52 | Hold | DCF |
06/20/17 | CIMB | Raffles Medical | 1.36 | 1.25 | Reduce | Sum of parts |
08/01/17 | Phillip | Raffles Medical | 1.285 | 1.27 | Neutral | DCF |
08/01/17 | DIR | Raffles Medical | 1.285 | 1.46 | Outperform | DCF |
08/01/17 | DMG & Partners | Raffles Medical | 1.285 | 1.1 | Sell | DCF |
08/01/17 | UOB Kay Hian | Raffles Medical | 1.285 | 1.3 | Hold | DCF, Buy @ $1.17 |
08/01/17 | Kim Eng | Raffles Medical | 1.285 | 1.12 | Sell | DCF |
08/01/17 | OCBC | Raffles Medical | 1.285 | 1.47 | Buy | |
08/01/17 | Credit Suisse | Raffles Medical | 1.285 | 1.45 | Neutral | |
08/01/17 | CIMB | Raffles Medical | 1.285 | 1.25 | Reduce | Sum of parts |
08/01/17 | Lim & Tan | Raffles Medical | 1.285 | 0 | Sell | |
08/02/17 | DBS Vickers | Raffles Medical | 1.11 | 1.2 | Hold | PER25x FY17/18 |
09/18/17 | CIMB | Raffles Medical | 1.1 | 1.21 | Add | Sum of parts |
09/21/17 | UOB Kay Hian | Raffles Medical | 1.105 | 1.28 | Buy | DCF |
10/11/17 | DIR | Raffles Medical | 1.17 | 1.29 | Outperform | DCF |
10/16/17 | UOB Kay Hian | Raffles Medical | 1.155 | 1.28 | Buy | DCF |
10/31/17 | CIMB | Raffles Medical | 1.125 | 1.24 | Add | Sum of parts |
10/31/17 | Phillip | Raffles Medical | 1.125 | 1.32 | Accumulate | DCF |
10/31/17 | UOB Kay Hian | Raffles Medical | 1.125 | 1.34 | Buy | DCF |
10/31/17 | DMG & Partners | Raffles Medical | 1.125 | 1.1 | Neutral | DCF |
10/31/17 | OCBC | Raffles Medical | 1.125 | 1.26 | Buy | |
10/31/17 | DBS Vickers | Raffles Medical | 1.125 | 1 | Fully Valued | PER26x FY18, PER30x FY19 |
10/31/17 | Lim & Tan | Raffles Medical | 1.125 | 0 | Hold | |
11/29/17 | DMG & Partners | Raffles Medical | 1.06 | 1.1 | Neutral | |
01/08/18 | CIMB | Raffles Medical | 1.12 | 1.24 | Add | Sum of parts |
02/13/18 | UOB Kay Hian | Raffles Medical | 1.08 | 1.34 | Buy | |
02/27/18 | Phillip | Raffles Medical | 1.1 | 1.32 | Accumulate | DCF |
02/27/18 | UOB Kay Hian | Raffles Medical | 1.1 | 1.32 | Buy | DCF |
02/27/18 | OCBC | Raffles Medical | 1.1 | 1.26 | Buy | Sum of parts |
02/27/18 | Kim Eng | Raffles Medical | 1.1 | 1.13 | Hold | DCF |
02/27/18 | DMG & Partners | Raffles Medical | 1.1 | 1.02 | Neutral | DCF |
02/28/18 | DBS Vickers | Raffles Medical | 1.16 | 1 | Fully Valued | Sum of parts, PER26x FY18 |
03/13/18 | UOB Kay Hian | Raffles Medical | 1.17 | 1.32 | Buy | DCF |
05/02/18 | Phillip | Raffles Medical | 1.15 | 1.32 | Accumulate | DCF |
05/02/18 | UOB Kay Hian | Raffles Medical | 1.15 | 1.32 | Buy | DCF |
05/02/18 | DMG & Partners | Raffles Medical | 1.15 | 1.02 | Sell | DCF |
05/02/18 | OCBC | Raffles Medical | 1.15 | 1.26 | Buy | |
05/02/18 | CIMB | Raffles Medical | 1.15 | 1.24 | Hold | Sum of parts |
05/02/18 | Kim Eng | Raffles Medical | 1.15 | 1.13 | Hold | |
06/29/18 | DMG & Partners | Raffles Medical | 1.01 | 1.02 | Neutral | DCF |
07/24/18 | UOB Kay Hian | Raffles Medical | 1.1 | 1.28 | Buy | DCF, PER34.8x FY18 |
08/07/18 | UOB Kay Hian | Raffles Medical | 1.09 | 1.28 | Buy | DCF, PER34.8x FY18 |
08/07/18 | DMG & Partners | Raffles Medical | 1.09 | 1.02 | Neutral | |
08/07/18 | CIMB | Raffles Medical | 1.09 | 1.19 | Hold | Sum of parts |
08/07/18 | OCBC | Raffles Medical | 1.09 | 1.26 | Buy | |
08/08/18 | Phillip | Raffles Medical | 1.11 | 1.32 | Accumulate | DCF |
09/24/18 | OCBC | Raffles Medical | 1.1 | 1.26 | Buy | |
10/30/18 | OCBC | Raffles Medical | 1.09 | 1.26 | Buy | Sum of parts |
10/30/18 | UOB Kay Hian | Raffles Medical | 1.09 | 1.27 | Buy | DCF |
10/30/18 | DMG & Partners | Raffles Medical | 1.09 | 1.02 | Neutral | DCF |
10/30/18 | CIMB | Raffles Medical | 1.09 | 1.19 | Hold | Sum of parts |
QAF - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
03/02/17 | OCBC | QAF | 1.41 | 1.46 | Hold | Buy @ $1.36 or lower |
05/08/17 | OCBC | QAF | 1.34 | 1.46 | Hold |
Stock calls for 20 November 2018
Date | Analyst | Company | Last | Target | Call | Valuation |
11/20/18 | Lim & Tan | Capitaland | 3.14 | 0 | Buy | |
11/20/18 | DMG & Partners | Fu Yu | 0.182 | 0.23 | Buy | |
11/20/18 | CIMB | Jubilee | 0.034 | 0.051 | Add | |
11/20/18 | CIMB | MM2 Asia | 0.345 | 0.5 | Add | Sum of parts |
11/20/18 | DMG & Partners | Starhill | 0.665 | 0.8 | Buy | |
11/20/18 | DMG & Partners | UOB | 24.25 | 30.8 | Buy |
MAS new payment services bill will hit the ICO and Cryptocurrency industries.
https://sg.news.yahoo.com/mas-finalises-framework-payment-services-singapore-094922413.html
This new payment services bill will definitely douse the flames of the ICO and crypto developments in Singapore because they will be subjected to more costs, rules, and regulations.
Goodbye ICO & Crypto!
This new payment services bill will definitely douse the flames of the ICO and crypto developments in Singapore because they will be subjected to more costs, rules, and regulations.
Goodbye ICO & Crypto!
Monday, November 19, 2018
Apple has cut production orders by 1/3 officially!
https://sg.finance.yahoo.com/news/apple-cuts-production-orders-three-iphone-models-wsj-094545386--finance.html
No wonder Apple refuses to disclose its unit sales figures anymore. A 1/3 cut is very significant and it will impact its earnings. There is no way to continue to sell iPhones at higher prices because iPhones do not have an inelastic demand. Apple will definitely be impacted by the 1/3 cut.
No wonder Apple refuses to disclose its unit sales figures anymore. A 1/3 cut is very significant and it will impact its earnings. There is no way to continue to sell iPhones at higher prices because iPhones do not have an inelastic demand. Apple will definitely be impacted by the 1/3 cut.
Q & M - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
03/03/17 | CIMB | Q & M | 0.71 | 0.6 | Reduce | PER28x |
03/06/17 | Kim Eng | Q & M | 0.705 | 0.77 | Hold | PER36x FY18 |
03/06/17 | phillip | Q & M | 0.705 | 0.65 | Reduce | PER38.2x FY17 |
05/12/17 | CIMB | Q & M | 0.705 | 0.6 | Reduce | PER28x CY18 |
05/15/17 | phillip | Q & M | 0.7 | 0.65 | Reduce | PER38.2x FY17 |
06/05/17 | Kim Eng | Q & M | 0.685 | 0.6 | Hold | PER28x FY18 |
08/21/17 | phillip | Q & M | 0.63 | 0.61 | Neutral | PER32x |
01/08/18 | CIMB | Q & M | 0.65 | 0.61 | Reduce | PER28x CY19 |
03/02/18 | phillip | Q & M | 0.635 | 0.625 | Hold | PER27x FY18 |
05/16/18 | phillip | Q & M | 0.605 | 0.625 | Neutral | PER27x FY18 |
08/16/18 | phillip | Q & M | 0.51 | 0.649 | Buy | PER28x FY18 |
11/19/18 | phillip | Q & M | 0.21 | 0.513 | Neutral | PER25x FY18/19 |
Propnex - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
09/12/18 | UOB Kay Hian | Propnex | 0.535 | 0.65 | Buy | DCF, PER10x FY19 |
10/22/18 | UOB Kay Hian | Propnex | 0.535 | 0.65 | Buy | DCF, PER10x FY19 |
11/15/18 | UOB Kay Hian | Propnex | 0.56 | 0.65 | Buy | DCF, PER10x FY19 |
Procurri - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
02/23/17 | DBS Vickers | Procurri | 0.405 | 0.4 | Hold | |
05/15/17 | DBS Vickers | Procurri | 0.28 | 0.32 | Hold | PER9.3x FY17/18 |
08/16/17 | DBS Vickers | Procurri | 0.21 | 0.18 | Fully Valued | RNAV (5% discount) |
11/16/17 | DBS Vickers | Procurri | 0.235 | 0.18 | Fully Valued | RNAV (6% discount) |
Stock calls for 19 November 2018
Date | Analyst | Company | Last | Target | Call | Valuation |
11/19/18 | Phillip | APTV | 0.167 | 0.17 | Accumulate | DCF |
11/19/18 | Phillip | Capitaland | 3.13 | 4 | Accumulate | RNAV (20% discount) |
11/19/18 | DMG & Partners | Food Empire | 0.54 | 0.66 | Buy | PER13x FY19 |
11/19/18 | OCBC | KSH | 0.525 | 0.81 | Buy | |
11/19/18 | Lim & Tan | KSH | 0.525 | 0 | Buy | |
11/19/18 | Kim Eng | MM2 Asia | 0.35 | 0.57 | Buy | PEG |
11/19/18 | Deutsche | OUE | 1.41 | 3 | Buy | |
11/19/18 | DMG & Partners | OUE Hospitality | 665 | 0.77 | Buy | |
11/19/18 | phillip | Q & M | 0.21 | 0.513 | Neutral | PER25x FY18/19 |
11/19/18 | phillip | SHS | 0.215 | 0.24 | Accumulate | PER10x FY19 |
Who is militarising in Asia?
https://www.bbc.com/news/world-asia-46247446
Australia and USA will build a naval base in Papua New Guinea.
As usual, the US would fabricate intelligence report against China by declaring that China would build a naval base in Indo-Pacific. However, there is no such announcement by China insofar but this has given the US a valid reason to militarise in Asia by building a new naval base in PNG.
Look like having a naval base in SG is still not enough for the USA to contain China.
US, you cannot blame China for setting up naval bases in Asia now because you're doing it first. This will give China an excuse to militarise in Asia because China has to protect its own interest too.
Australia and USA will build a naval base in Papua New Guinea.
As usual, the US would fabricate intelligence report against China by declaring that China would build a naval base in Indo-Pacific. However, there is no such announcement by China insofar but this has given the US a valid reason to militarise in Asia by building a new naval base in PNG.
Look like having a naval base in SG is still not enough for the USA to contain China.
US, you cannot blame China for setting up naval bases in Asia now because you're doing it first. This will give China an excuse to militarise in Asia because China has to protect its own interest too.
Russia will never return the Kuril islands because Kuril islands belong to Russia.
https://www.straitstimes.com/world/europe/russia-says-no-automatic-return-of-disputed-islands-to-japan?xtor=CS11-86
Japan breached the peace treaty agreement during WW2 with Russia because Japan promised not to attack the Russian territory but it did. Therefore, Russia won't return the Kuril Islands that were promised to be given to Japan.
We had already explained this in our previous post.
https://sg-stock.blogspot.com/2016/12/putin-is-making-fool-out-of-abe-but-abe.html
Japan breached the peace treaty agreement during WW2 with Russia because Japan promised not to attack the Russian territory but it did. Therefore, Russia won't return the Kuril Islands that were promised to be given to Japan.
We had already explained this in our previous post.
https://sg-stock.blogspot.com/2016/12/putin-is-making-fool-out-of-abe-but-abe.html
China has retaliated after Australia banned China 5G technology.
https://sg.finance.yahoo.com/news/china-launches-anti-dumping-probe-australian-barley-imports-041002435--business.html
Australia should expect a tit-for-tat action from China after banning China's 5G technology.
Therefore, Australia shouldn't complain or cry foul about it because it started the trouble first.
Australia should expect a tit-for-tat action from China after banning China's 5G technology.
Therefore, Australia shouldn't complain or cry foul about it because it started the trouble first.
Sunday, November 18, 2018
India intelligence review had recently revived the Thailand Kra Canal issue.
https://www.firstpost.com/world/thailands-move-on-kra-canal-alarms-new-delhi-as-route-will-boost-chinese-naval-power-in-indian-ocean-5507121.html
https://larouchepub.com/pr/2018/181110_india_rpt_kra_canal.html
What's the possibility of the Kra Canal project?
We had analyzed the Kra Canal project previously below. Therefore, we'll just add on to our previous analysis in this post.
http://sg-stock.blogspot.com/2017/11/thailand-has-just-lost-many-golden.html
The Thai generals are very interested in the Kra Canal project because of the employment and economic benefits that it can bring to Thailand. It is estimated that the Kra Canal project can bring in US$10b per year for Thailand and Thailand can recover the construction cost of US$30b in just 3 years. As we had stated previously, Thailand had lost the golden opportunity to earn multi-billion of revenues by not having the Kra Canal project.
The times have changed because Thailand needs China to make this Kra Canal Project viable rather than China needs Thailand for its strategic purpose. Why? This is because China can develop its Arctic sea lane now.
http://sg-stock.blogspot.com/2017/08/ship-can-sail-through-arctic-now.html
http://sg-stock.blogspot.com/2017/04/new-arctic-shipping-route.html
Thailand needs China for the following:
Financing
Engineering
Cargo volume
China can provide the aforesaid assistance to Thailand that no other country can provide. First of all, China can use the AIIB to provide the financing to Thailand for the project. Then, China has the engineering capabilities to construct such a project. As we've seen in recent years, China had built South China Sea islands and the HK-Zhuhai-Macau bridge that marveled other countries.
http://sg-stock.blogspot.com/2018/08/hong-kong-zhuhai-macau-bridge-will-open.html
Lastly, close to 80% of the cargo ships plying the Strait of Malacca are from China. Therefore, Thailand has to let China take a majority stake in the Kra Canal project if it wants to make the project viable. Without China, this project has a low success rate because China can bypass the Kra Canal by using the Myanmar port. Thailand has to learn from Panama's lesson. Panama also involved China because China had become a major customer.
http://sg-stock.blogspot.com/2018/11/china-and-myanmar-have-signed-port-deal.html
http://www.ejinsight.com/20170615-why-panama-needs-to-befriend-china/
In conclusion, Thailand has to entice China by giving it a majority stake in exchange for the aforesaid assistance to make the project viable because China can divert its resources to develop the Arctic sea lane. Once Thailand becomes a sea hub, it also will become a financial hub because of the gargantuan international trading activities that come with it.
Needless to say, this Kra Canal project will destroy Singapore sea hub status and affect our financial hub too.
https://larouchepub.com/pr/2018/181110_india_rpt_kra_canal.html
What's the possibility of the Kra Canal project?
We had analyzed the Kra Canal project previously below. Therefore, we'll just add on to our previous analysis in this post.
http://sg-stock.blogspot.com/2017/11/thailand-has-just-lost-many-golden.html
The Thai generals are very interested in the Kra Canal project because of the employment and economic benefits that it can bring to Thailand. It is estimated that the Kra Canal project can bring in US$10b per year for Thailand and Thailand can recover the construction cost of US$30b in just 3 years. As we had stated previously, Thailand had lost the golden opportunity to earn multi-billion of revenues by not having the Kra Canal project.
The times have changed because Thailand needs China to make this Kra Canal Project viable rather than China needs Thailand for its strategic purpose. Why? This is because China can develop its Arctic sea lane now.
http://sg-stock.blogspot.com/2017/08/ship-can-sail-through-arctic-now.html
http://sg-stock.blogspot.com/2017/04/new-arctic-shipping-route.html
Thailand needs China for the following:
Financing
Engineering
Cargo volume
China can provide the aforesaid assistance to Thailand that no other country can provide. First of all, China can use the AIIB to provide the financing to Thailand for the project. Then, China has the engineering capabilities to construct such a project. As we've seen in recent years, China had built South China Sea islands and the HK-Zhuhai-Macau bridge that marveled other countries.
http://sg-stock.blogspot.com/2018/08/hong-kong-zhuhai-macau-bridge-will-open.html
Lastly, close to 80% of the cargo ships plying the Strait of Malacca are from China. Therefore, Thailand has to let China take a majority stake in the Kra Canal project if it wants to make the project viable. Without China, this project has a low success rate because China can bypass the Kra Canal by using the Myanmar port. Thailand has to learn from Panama's lesson. Panama also involved China because China had become a major customer.
http://sg-stock.blogspot.com/2018/11/china-and-myanmar-have-signed-port-deal.html
http://www.ejinsight.com/20170615-why-panama-needs-to-befriend-china/
In conclusion, Thailand has to entice China by giving it a majority stake in exchange for the aforesaid assistance to make the project viable because China can divert its resources to develop the Arctic sea lane. Once Thailand becomes a sea hub, it also will become a financial hub because of the gargantuan international trading activities that come with it.
Needless to say, this Kra Canal project will destroy Singapore sea hub status and affect our financial hub too.
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